Dentons has advised Orbis on the sale of the five-star Sofitel Grand Sopot hotel to Sinfam Investments. A&O Shearman advised Sinfam Investments.
Orbis is a part of AccorInvest, a European hotel investor and operator.
Sinfam Investments is a Polish company investing in premium hotel properties.
According to Dentons, Accor Group will continue to operate the hotel. "With almost 100 years of history, Sofitel Grand Sopot is one of the most prestigious hotels in Poland. The property is located on the Sopot beach, near the longest wooden pier in Europe. Hotel guests can enjoy a private beach, a garden, 126 rooms, and suites that perfectly reflect the unique atmosphere of the seaside resort."
In 2019, Dentons advised on Orbis' separation of business and sale to Accor Hotel Group (as reported by CEE Legal Matters on July 2, 2019) as well as on the earlier Accor Hotels' tender offers (as reported by CEE Legal Matters on January 25, 2019).
The Dentons team included Partner Piotr Staniszewski and Senior Associate Kamil Igielski.
The A&O Shearman team included Partner Michal Matera, Senior Associates Malgorzata Jastrzebska and Artur Rutkowski, and Trainee Nicole Skawinska.
