Bär & Karrer Advised Hyatt on Sale of Park Hyatt Zurich

An affiliate of Hyatt Hotels Corporation sold the 138-key Park Hyatt Zurich with office premises and parking to a joint partnership among Trinity Investments, funds managed by Oaktree Capital Management, and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers. The hotel will remain branded as Park Hyatt Zurich under a long-term management agreement with a Hyatt affiliate.

Bär & Karrer acted as Swiss counsel to Hyatt. The team included Corrado Rampini, Rocco Rigozzi, Fanny Cattaneo, (all Real Estate and Corporate), Philippe Seiler (M&A), Cyrill Diefenbacher, Fabian Capt (both Tax), Frédéric Bétrisey, Taulant Dervishaj (both Finance), Ruth Bloch-Riemer (Pensions/Social Security), Markus Schott (Regulatory) as well as Laura Widmer and Luljeta Morina (both Employment).