IFLR1000

APG / GIC €435 million acquisition of HHR Euro

17/12/2018
Private acquisition
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€ 435 million

$ 482.839 million

Announced

17/12/2018

Overview:

  • Investment groups APG and GIC have agreed to acquire a 33% interest in HHR Euro from their joint venture partner Host Hotels & Resorts.

Prin Shasiharan - Researcher

Jurisdiction:

Netherlands

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Real estate
Tourism

Firms:
Davis Polk & Wardwell

Party: Host Hotels & Resorts (Seller)

De Brauw Blackstone Westbroek

Party: Host Hotels & Resorts (Seller)

Stibbe

Party: APG Asset Management (Acquirer)

Party: GIC (Acquirer)

Lawyers: Björn van der Klip, Job van Hooff, Maarten de Bruin

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