Baker McKenzie has advised Fattal Hotel Group’s Leonardo Hotels on the acquisition of Hotel Saint in Aldgate, London from affiliates of Cerberus Capital Management and Highgate Hospitality, representing an investment of approximately £130 million.
The 272-key hotel will be rebranded as Fattal Hotel Group’s 11th property in London, continuing Fattal and Leonardo’s international growth strategy across strategic global locations.
The Baker McKenzie team has a long history representing the Fattal Group across the UK and Europe.
The transaction was led by Leveraged Finance and High Yield Capital Markets Partner David Becker, Private Equity Real Estate Partner Mark Thompson, Real Estate Partner Ben Farnell, Tax Partner Matt Legg and Associates Emma Burton, Jack Bliss, Laura Devlin, Charlene Tomita, Rose Allan and Tetyana Zhuravska and trainee Amina Belhaj.
