Nobles Acted as Legal Counsel to Dreamgroup Management


Nobles has advised Dreamgroup Management, an Eastern European hostel operator, on the sale of its hostels in Warsaw, Prague and Bratislava to Safestay plc, a London-based listed company and operator of an international brand of contemporary hostels. The acquisition is estimated at €3.7m. By the acquisition, Safestay increases its network to more than 5,000 beds across 21 hostels, all centrally located in Europe’s leading cities.

The Nobles team was led by partner Volodymyr Yakubovskyy, included counsel Denys Vergeles and junior associate Yuliia Avdeiuk, and assisted by Edoardo Calcatera from LCA Studio Legale (Milan) on the matters of Italian law.

Safestay has been advised by Eversheds Sutherland (Milan) with a team led by partner Riccardo Bianchini Riccardi, senior associate Alessandro Monti and associate Gianludovico Maggi, and assisted by the offices in Bratislava, Prague and Warsaw for local activities.

#deals #investment #Nobles #realestate

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Nobles is a full-service corporate law firm that advises public and private companies, banks, financial institutions, private equity firms, funds, investment banks, government entities and private high-net individuals in multiple industrial sectors and practice areas of Ukrainian and international business law. The firm's main practice areas are antitrust & merger control, banking & finance, corporatedistribution and franchising, mergers & acquisitions, employment, insolvency and restructuring, intellectual property, litigation & dispute resolution, real estate & land lawtax.