Pandox AB, a leading owner of hotel properties in Northern Europe, has entered into an agreement to acquire Hilton Grand Place Brussels. This hotel, formerly known as “ Le Méridien”, is a full service hotel in the premium segment with 224 rooms and 17 conference rooms, and is located adjacent to the Grand Place in Brussels and the central station.
The acquisition for a price of EUR 55 million, is subject to a number of customary conditions precedents. Parties expect to complete the transaction during the fourth quarter of this year.
Eubelius acted as legal counsel to Pandox AB. The Eubelius team for this transaction was led by Marieke Wyckaert and Thomas Moerman.