SINGAPORE (Jan 26): First Sponsor’s subsidiary, FS NL Holdings, along with four other investors, is acquiring all the 8,500 issued shares in Hotelmaatschappij Rotterdam BV, from Park Intermediate Holdings for about €50.4 million ($81.5 million).

Hotelmaatschappij Rotterdam BV is currently the owner of the 254-bedroom Hilton Rotterdam Hotel in the Netherlands.

Upon completion of the acquisition, FS NL Holdings, Cobb Netherlands BV, Maleny Netherlands BV and Robinvale Netherlands BV will each hold 24.7% stake in the hotel. A Dutch high net worth individual will own the remaining 1.2%.

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