Global law firm Norton Rose Fulbright has advised Warburg-HIH Invest Real Estate (Warburg-HIH Invest) on the sale of the Maritim Hotel in Nuremberg to Swedish hotel investor and operator Pandox AB.
The four-star hotel has 316 rooms and was part of an institutional property fund managed by Warburg-HIH Invest.
Norton Rose Fulbright's advice covered both legal and tax aspects of the sale. The firm regularly advises Warburg-HIH Invest, most recently in March 2020 on the acquisition of a logistics portfolio.
Norton Rose Fulbright’s Frankfurt-based real estate team was led by partner Dr. Hendrik Theismann, with assistance from counsel Michael Mehler and associate Daniela Kowalsky. Partner Tino Duttiné and associates Jan Quandt and Robert Schmidt provided tax advice.