First Sponsor associate disposes Dutch hotel for $11 mil

SINGAPORE (June 11): First Sponsor Group’s 31.4%-owned associated company, Queens Bilderberg (Nederland), is selling Landgoed Lauswolt for approximately $10.8 million.

Landgoed Lauswolt is a private company incorporated in the Netherlands. It owns Bilderberg Landgoed Lauswolt, a 65-room five-star hotel which sits on a parcel of freehold land located at Van Harinxmaweg 10, 9244 CJ, Beetsterzwaag, the Netherlands, and has a total gross floor area of 6,815 square metres. The hotel is operated by Hotel Opco.

The acquirer is Landgoed Oranjewoud Participaties, a wholly-owned subsidiary of Landgoed Oranjewoud Holding which, in turn, is a wholly-owned subsidiary of Stichting FB Oranjewoud. Stichting FB Oranjewoud is a foundation that aims to improve the social, economic and cultural climate of the Northern Netherlands.

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