Offshore Solutions for Hotel and Resort Investment - Ogier
Offshore Solutions for Hotel and Resort Investment - Ogier
Offshore Solutions for Hotel and Resort Investment - Ogier
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Transactions - <strong>Hotel</strong> <strong>and</strong> <strong>Resort</strong> Financing<br />
“global<br />
connections”<br />
Acquisition of 46<br />
Marriott-br<strong>and</strong>ed hotels<br />
Millennium <strong>and</strong><br />
Copthorne <strong>Hotel</strong>s<br />
Banyan Tree <strong>Resort</strong>,<br />
Seychelles<br />
“genuine<br />
underst<strong>and</strong>ing of<br />
the hotel industry”<br />
Acted as BVI adviser to the<br />
Royal Bank of Scotl<strong>and</strong> in<br />
connection with its £951.4<br />
million acquisition of 46<br />
Marriott-br<strong>and</strong>ed hotels from<br />
a joint venture of leisure firm<br />
Whitbread Plc <strong>and</strong> Marriott<br />
International Plc. Advised<br />
the Royal Bank of Scotl<strong>and</strong><br />
regarding the on-sale <strong>and</strong> the<br />
financing involved in the £1<br />
billion sale of the portfolio of<br />
46 Marriott-br<strong>and</strong>ed four-star<br />
hotels to a subsidiary of Israel’s<br />
Delek Belron Real Estate <strong>and</strong> a<br />
selection of partners, including<br />
Electra Real Estate <strong>and</strong> Quinlan<br />
Private.<br />
Acted as listing agent in<br />
connection with the listing on<br />
the Channel Isl<strong>and</strong>s Stock<br />
Exchange of a series of<br />
unsecured redeemable loan<br />
notes issued by Millenium <strong>and</strong><br />
Copthorne <strong>Hotel</strong>s plc pursuant<br />
to a £500 million Loan Note<br />
Issuance Programme.<br />
Acted as advisor to Banyan<br />
Tree <strong>Resort</strong> (Seychelles)<br />
Limited in negotiating a joint<br />
venture agreement to develop<br />
l<strong>and</strong> owned by Banyan Tree<br />
adjacent to the resort into<br />
resort residences.<br />
6 www.ogier.com