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Clifford Chance Advises Ares on European Hotel Portfolio Recapitalization

Czech Republic
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Clifford Chance has advised Ares Management Real Estate Secondaries funds on its joint venture with Cedar Capital Partners and on the European Hotel Portfolio recapitalization by the joint venture.

According to Clifford Chance, the portfolio consists of "five leading lifestyle hotels in European gateway cities and will be owned by Cedar Investment Partners III SCSp, a Cedar-managed fund."

The Clifford Chance team included Prague-based Partner Emil Holub, Counsel Milan Rakosnik, Senior Associate Tereza Rehorova, and Associate Ondrej Dolensky as well as further team members in London, Luxembourg, Amsterdam, and Milan.

Clifford Chance could not provide additional information on the matter.