14 Oct 2025

"DLA Piper Advises Marzo Hotel on Sale of Prestigious Venice Property to International Investor"

"International law firm DLA Piper has assisted Marzo Hotel in the sale of a prestigious property in Venice's San Marco district to an international investor, currently leased to a major luxury fashion operator. Greenberg Traurig represented the buyer. DLA Piper's team was led by partner Olaf Schmidt, with contributions from various specialists in Real Estate, Town Planning, tax, and Banking & Finance. Ashurst advised Deutsche Bank on aspects related to the partial repayment of existing financing and the release of existing mortgage guarantees on the property."

International law firms DLA Piper, Greenberg Traurig, and Ashurst participated in a transaction where DLA Piper assisted Marzo Hotel in the sale of a prestigious real estate property located in the Municipality of Venice, Sestiere San Marco, to an international investor, while Greenberg Traurig represented the buyer. Ashurst provided assistance to Deutsche Bank regarding aspects related to the partial repayment of existing financing and the release of existing mortgage guarantees on the property. The transaction involved the sale of a prime real estate asset currently leased to a leading operator in the luxury fashion sector. The DLA Piper team assisting Marzo Hotel was led by partner Olaf Schmidt and included lawyer Mario Romano (Real Estate), partner Carmen Chierchia (Town Planning), partner Carlotta Benigni (Tax), and partners Giuseppe Mele and Giuliana Maria Borzì (Banking & Finance). The Greenberg Traurig team representing the buyer was led by partner Marzio Longo and included lawyers Mara N. Penasa and Fabrizio Fato (Real Estate), as well as counsel Gloria Molteni and lawyer Vanessa Parisi (Town Planning). The Ashurst team assisting Deutsche Bank consisted of counsel Luca Maria Chieffo and trainee Silvia De Agostini Mattioli, focusing on the partial repayment of existing financing and the release of existing mortgage guarantees on the property.
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