Leading global law firm Mayer Brown advised the seller of Jasmar Resort Rügen on the sale of the resort to Precise Hotel Collections Group. The hotel business was insolvent at the time of sale. The Jasmar Resort in Rügen Neddesitz is a vacation and conference hotel with 129 rooms, 16 suites and 83 vacation apartments on a 85 hectare nature reserve.
The Precise Hotel Collections Group, located in Berlin, operates and manages various hotels in Germany and Spain.
The Mayer Brown Team working on the transaction included Dr. Rainer Markfort (Lead, Corporate, Düsseldorf), counsel Dr. Malte Richter (Corporate, Frankfurt) and associate Dr. Roman Wille (Corporate, Düsseldorf).