Katten Advises Aendre Group on Joint Venture and Co-Investment Arrangements for the Acquisition of a Central London Luxury Hospitality Portfolio

(LONDON) Katten Muchin Rosenman UK LLP (Katten) has advised Aendre Group Limited (Aendre) in connection with its investment, joint venture and co-investment arrangements relating to the acquisition and development of The Other House, a portfolio of three luxury extended-stay and wellness hospitality assets in Central London.

The portfolio

The portfolio comprises three Central London sites located in South Kensington, Covent Garden and Belgravia, which will be developed and operated as luxury lifestyle extended-stay and wellness destinations. The acquisition and development are being undertaken through a joint venture between One Investment Management, Aendre and Lifestyle Hospitality Capital.

Aendre's role in the platform

This acquisition represents a significant step forward for Aendre as it establishes itself as a specialist investment and operating platform dedicated to the luxury extended-stay hospitality market.

OneIM contributed the majority equity for the acquisition, with Aendre and LHC participating via a 50/50 joint venture vehicle, through which the two parties co-invest, and the jointly owned development and asset management company.

Katten also advised Aendre on the GP co-investment arrangements, under which JuneX Evergreen Fund S.C.Sp. SICAV-RAIF and New Ace S.A. SV invested alongside Aendre through dedicated feeder vehicles.

The transaction demonstrates sustained investor demand for premium hospitality and wellness assets in prime Central London locations and underscores the growing appetite for extended-stay concepts in the luxury segment.

The Katten team advising Aendre Group Limited was led by Corporate Partner Edward Tran.

"We are delighted to have advised Aendre on this exciting transaction," said Edward. "The Other House portfolio represents a compelling opportunity in the Central London luxury hospitality sector, and we were pleased to support Aendre across the full range of joint venture, co-investment and governance arrangements. This deal highlights both the strength of investor appetite for best-in-class hospitality assets and the innovative structuring that modern real estate joint ventures require."

About Katten's Corporate Practice

Katten's corporate lawyers deliver market intelligence-driven counsel to public companies, strategic acquirers, private equity funds, family offices, and other investors, having guided hundreds of leveraged buyouts and financings across sectors. The practice helps clients protect value and maintain sound governance by identifying key deal drivers, managing regulatory risk, and anticipating bottlenecks in transactions, including cross-border deals, going-private transactions, management buyouts, restructurings, securities offerings, spinoffs, and tender offers. Katten brings the competitive market knowledge needed to move complex deals forward.

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