LMS with Touring Hotel in a financing by Banco Bpm

Touring Hotel – Igefi Group has been assisted by LMS in the financing of Euro 19.5 million by Banco Bpm.

The purpose of the transaction is the lease, by Touring Hotel, and the subsequent renovation of the Bertarelli Building which will be converted into a 5-star hotel to be managed by an international hotel chain for management. The building, owned by Touring Servizi, is located in the historic center of Milan and was built between 1914 and 1915, designed by the architect Achille Binda.
LMS acted with a team led by the partner Matteo Bascelli and composed by the counsel Elena Grigò and the associates Claudia Cavalli and Riccardo Di Carlo.
Gattai, Minoli, Agostinelli & Partners assisted Touring Hotel – Igefi Group in connection with the lease agreement, while DLA Piper assisted Banco Bpm in the structuring and organisation of the financing.