Baker McKenzie advises Pictet on Marriott Zurich hotel acquisition
Baker McKenzie has advised Pictet Alternative Advisors on the acquisition of the five-star Marriott Zurich hotel by the Elevation II Direct Real Estate Fund and associated capital, in partnership with Vertell Asset Management as operating partner.
The asset comprises 266 guest rooms and is situated along the riverfront, close to Zurich’s historic city center and main train station.
The Baker McKenzie team
Baker McKenzie advised Pictet on all legal and tax structuring aspects of the transaction. The Zurich-based team was co-led by Samuel Marbacher (real estate and banking & finance), Alexander Wyss (real estate), Matthias Trautmann (M&A) and Markus Wolf (banking & finance). The team also included Charlotte Rüegg and Felix Maier (both banking & finance), Susanne Liebel-Kotz and Pascal Daniela Schwizer (both tax), René Kühn (M&A), Pascal Dorier (real estate), Nicole Christ and trainee lawyer Lukas Bader.
