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Stibbe advises citizenM and its existing shareholders KRC and APG

Stibbe advises citizenM and its existing shareholders KRC and APG

Stibbe advises citizenM and its existing shareholders KRC and APG

28.03.2019 NL law

Stibbe advises citizenM hotels and its existing shareholders KRC and APG on an agreement whereby GIC, Singapore’s sovereign wealth fund, will acquire a 25% stake in citizenM valuing the company at €2 billion

KRC, APG and GIC have committed to invest a further €750 million of equity for future expansion of citizenM.

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