Pinsent Masons advised TUI Global Hospitality Fund on the expansion of its hotel portfolio

22 Aug 2023 | 10:53 am | 1 min. read

Multinational law firm Pinsent Masons has advised TUI Global Hospitality Fund on the expansion of its hotel portfolio through the acquisition of the newly opened 5-star Emerald Zanzibar Resort & Spa in Zanzibar, Tanzania.

As part of the deal, a global hotel fund was established by TUI Hotel & Resorts with the aim of investing into a range of hotel properties from across the TUI portfolio.

The Pinsent Masons team was led Luxembourg-based Tax and Corporate Partner David Maria, Corporate Partner Isabelle Charlier, and Legal Director Luis Marques Guilherme. This team supported the client on negotiation of the governance and change of control, negotiation of the legal agreement as well as the review of the sales and purchase agreement.

Commenting on the deal, David Maria said: “We are very proud to have assisted TUI Global Hospitality Fund in the expansion of its offering on the East African island to this new investment in the Tanzanian economy. This deal demonstrates Pinsent Masons’ ability to manage complex large-scale international deals.

The global hotel fund was launched with Luxembourg-based HANSAINVEST with the aim of investing primarily into new hotel facilities that are acquired or newly developed and are not currently part of the TUI Group.

TUI Group is a leading global tourism group headquartered in Germany operating worldwide listed on the London Stock Exchange, on the regulated market of the Hanover Stock Exchange and on the Open Market segment of the Frankfurt Stock Exchange. As part of its growth strategy, TUI is developing its resort portfolio via a series of management and franchise contracts alongside joint ventures and investment partnerships.

Latest press releases

Show me all press releases

Pinsent Masons broadens London IP bench with triple partner hire

Multinational law firm Pinsent Masons has today announced the hire of three intellectual property (IP) partners and a legal director to its IP team in London.

Pinsent Masons bolsters global energy offering with new corporate partner in Aberdeen

Multinational law firm Pinsent Masons has hired energy specialist Chris Sawyer to join the corporate team as a partner in the firm’s Aberdeen office from 27 May.

Pinsent Masons collaborates with Digital Urban Place on smart cities & campuses partnership

Multinational law firm Pinsent Masons has agreed a collaboration with Digital Urban Place, an award-winning digital twin provider, to work together to provide holistic legal and technology lifecycle services to the real estate and built environment sector.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons bolsters global energy offering with new corporate partner in Aberdeen

Multinational law firm Pinsent Masons has hired energy specialist Chris Sawyer to join the corporate team as a partner in the firm’s Aberdeen office from 27 May.

Pinsent Masons bolsters UK corporate practice with hire of expert healthcare and higher education partner

Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.

Pinsent Masons advises Elphinstone Group on takeover bid

Multinational law firm Pinsent Masons has advised Australian heavy machinery manufacturer Elphinstone Group on its proposed takeover bid for Engenco Limited, a provider of sustainable transportation products.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.