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Fladgate LLP has acted for for Henzada BV, the Spanish Hotel Group and hotel operator Abba Queensgate Ltd, on the sale and leaseback of The Queens Gate Hotel in Kensington.
The hotel, which is currently being refurbished, will be operated by Abba. The transaction included an option for re-acquisition of the property and an option to acquire shares in the buyer at a stated time at agreed prices.
Fladgate real estate partner Antonia Brandes led the team advising Henzada.
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