Icora Partners

Asset description

Hotel Front and Hotel Kong Frederik are 4 star hotels located in central Copenhagen

Icora’s role

Oversaw the sale process from inception through to completion
Drafted and finalised the Information Memorandum
Valuation analysis
Project managed the transaction including process timetable, due diligence and the contractual completion process
Evaluated potential buyers and provided analysis and advice on the preferred buyer/bid
Secured a strong, all cash sale, in a challenging economic climate
Acquirer was Norden A/S, a $1.1 billion Danish investment fund