After renovation, the former Hotel Basel will reopen as a Limehome by the end of the second quarter of 2024:
The property owner and Limehome have signed a hotel lease agreement for the hotel spaces at Münzgasse 12 in Basel for the next 20 years. Limehome is a provider and operator of a digitized design hospitality concept, currently offering over 5800 suites at nearly 250 locations in Germany, Austria, the Netherlands, Belgium, Spain, Portugal, Hungary, Switzerland, Italy, and Greece.
The property owner and the asset manager, Gold Tree Asset Management AG, were advised and accompanied in this transaction by Ion Eglin.
We are pleased to announce that Jürg G. Schütz has been appointed as partner of our firm in Basel, effective 1. December 2025.
SGH2 LLC, a finance subsidiary of the Scenic Group, has successfully secured a USD 535 million term loan, a EUR 200 million term loan and a USD 90 million multicurrency revolving credit facility to refinance its existing indebtedness and for general corporate purposes.
Bratschi Ltd. acted as tax and legal advisor to Kenan and Adnan Lisnjic, the owners of IPS Gebäudetechnik Ltd., on the sale of the company to bluu unit GmbH.