Norton Rose Fulbright Advises Leonardo Hotels on Acquisition of Four IntercityHotels in Germany

Norton Rose Fulbright advised Leonardo Hotels, part of the Fattal Hotel Group, on the acquisition of four IntercityHotels previously operated under the Steigenberger brand in Nuremberg, Freiburg, Magdeburg and Erfurt. The transaction concerns four properties that have been part of the Steigenberger portfolio for over 30 years. The hotels will initially operate under a white‑label concept and will undergo modernisation works scheduled to finish by mid‑2026, after which they will be rebranded under the Leonardo Hotels brand. With the acquisition Leonardo Hotels increases its presence in Germany to 73 hotels, adding 638 rooms. All four properties, located in close proximity to main railway stations, will remain open during renovations. Modernisation will follow a resource‑efficient approach, retaining high‑quality existing elements while selectively upgrading other areas to preserve value and deliver a contemporary offering. Norton Rose Fulbright represented Leonardo Hotels (part of Fattal Hotel Group) with a team composed by: Dr Maren Stölting (Lead Partner, Real Estate, Munich), Simon Weppner (Partner, Tax, Düsseldorf), Dr Riccardo Marinello (Counsel, Real Estate, Frankfurt), Dr Claus Pegatzky (Counsel, Public Commercial, Frankfurt), Valentina Navetta (Senior Associate, Corporate & Real Estate, Munich), Tankred Freiberger (Senior Associate, Real Estate, Munich), Sarah Heufelder (Senior Associate, Tax, Munich) and Dr Anna Katharina Lintz (Associate, Public Commercial, Frankfurt). Leonardo Hotels Group in-house legal department represented Leonardo Hotels Group with a team composed by: Tamar Cohen (Group Legal Counsel) and Jana Schlimgen (Legal Counsel).

Norton Rose Fulbright Advises Leonardo Hotels on Acquisition of Four IntercityHotels in Germany

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