Insights: News - May 2011

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Fladgate advises Esporta on £77m sale to Virgin Active Health

James Fry, Matthew Williams, Mark Saunders |

Fladgate LLP has advised on the property aspects of the disposal of the Esporta Health Clubs’ (Esporta) business to Virgin Active Health (Virgin Active) for £77.6m. The sale is subject to the approval of the Office of Fair Trading. Following completion of the deal Esporta may seek to sell the freehold racket club sites, which […]

Fladgate advises Indian conglomerate on London hotel acquisition

John Forde, Mark Harnett, Sunil Sheth, Mythily Katsaris |

Fladgate LLP has advised Indian based Bird Group, a conglomerate of independent companies in the travel and technological arenas, on the acquisition and refinancing of The Royal Park Hotel. The Royal Park Hotel is a boutique hotel located on Westbourne Terrace, comprising three carefully restored, mid 19th-century Grade II listed townhouses. US-based Interstate Hotels and […]