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PLMJ advises Minor on sale of portfolio of 5 hotels to NH Hotels Group

19/12/2023

PLMJ advised Minor on the sale to NH Hotels Group of 100% of the capital of the company that controls the hotels Anantara Vilamoura Algarve Resort, Tivoli Lagos Algarve Resort, NH Sintra, NH Marina Portimão and Tivoli The Residences at Victoria.

This operation had a total value of €133.2 million.

The PLMJ team was led by Francisco Lino Dias, partner and co-head of the Real Estate and Tourism practice. It also included Abel de Barbosa Mendonça, senior consultant, Sofia Nogueira Leite, senior associate, and Mafalda Oliveira Cordeiro, associate, all from the Real Estate and Tourism practice, and Ânia Cruz, senior associate, from the Corporate M&A practice.

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