RLH Properties, S.A.B. de C.V. (BMV:RLH A) agreed to acquire an unknown stake in Fairmont Mayakoba and El Camaleon golf course and Pueblito and Mayakoba marina of OBRASCÓN HUARTE LAIN, DESARROLLOS, S.L. for $57.2 million.
January 25, 2018
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RLH Properties, S.A.B. de C.V. (BMV:RLH A) agreed to acquire an unknown stake in Fairmont Mayakoba and El Camaleon golf course and Pueblito and Mayakoba marina of OBRASCÓN HUARTE LAIN, DESARROLLOS, S.L. for $57.2 million on January 26, 2018. As part of the acquisition, RLH Properties will acquire share of OBRASCÓN HUARTE LAIN, DESARROLLOS, S.L. in Fairmont Mayakoba and a number of other assets including El Camaleon golf course, Pueblito and Mayakoba marina. Lara Hemzaoui, José María López, Sara González of Linklaters S.L.P acted as legal advisors for Obrascón Huarte Lain, Desarrollos, S.L.
RLH Properties SAPIB de CV is a Mexico-based company engaged in the real estate sector. The Company focuses on the acquisition and development of hotels, located in the city centers and touristic destinations, in Mexico and the Caribbean region. The Companyâs hotels portfolio includes Four Seasons and One&Only brand names. Its hotels network offers accommodation, as well as operates hospitality-related infrastructure, such as restaurant, fitness and gym, spa center and conference room. The Company is a subsidiary of Activos Turisticos de Mexico SAPI de CV.
RLH Properties, S.A.B. de C.V. (BMV: RLH A) agreed to acquire an unknown stake in Fairmont Mayakoba and El Camaleon golf course and Pueblito and Mayakoba marina of OBRASCÓN HUARTE LAIN, DESARROLLOS, S.L. for $57.2 million.