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CMS advises Aedes Real Estate and Marcel Wanders on the development and operation of Andaz Amsterdam

15/04/2010

CMS Derks Star Busmann advised Aedes Real Estate (“Aedes”) and Marcel Wanders on several agreements executed with a subsidiary of Hyatt Hotels Corporation (“Hyatt”) for the development and operation of Andaz Amsterdam, the first Hyatt Andaz hotel on the European mainland.

Andaz Amsterdam is planned for opening in 2012. The hotel will have 122 rooms, meeting facilities, an executive boardroom, a lounge, a bar, fitness and business facilities and will be located on the site of the former Public Library at Amsterdam’s Prinsengracht. Andaz Amsterdam will be a combination of a luxurious lifestyle and boutique hotel and will become part of the rich cultural character of the Jordaan district. Marcel Wanders will design the interior of the hotel. Together they will create a world class hotel, which will be characterized by style and hospitality.

Aedes operates across the Netherlands as an independent property developer, developing residential accommodation, hotels and office/business premises and redeveloping complex urban locations.

Marcel Wanders is co-owner of the design label Moooi. He designs for leading international companies and works on architectural and interior design projects.

Hyatt is a leading global hospitality company with hotels in 45 countries on five continents with a worldwide portfolio of 424 properties.

The team of CMS was led by Roman Tarlavski and included Manfred de Kok and Damia van Laarhoven.

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