Valued at EUR 58.1 million, this acquisition represents a strategic investment in the Dutch hospitality real estate sector and further strengthens First Sponsor's presence in the Netherlands.

Our team advised on the acquisition structure and related Dutch real estate tax considerations in a transaction that marks another milestone in the long-standing relationship between Loyens & Loeff and First Sponsor.

First Sponsor is a Singapore-based real estate investment company with a diversified portfolio spanning residential, commercial and hospitality assets.