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Blackstone sells Hilton Rio de Janeiro Copacabana Hotel

04.04.24

Simpson Thacher advised funds managed by Blackstone’s real estate business in connection with the sale of Hilton Rio de Janeiro Copacabana Hotel to affiliates of Hemisfério Sul Investimentos (HSI), a Brazilian real estate investor.

Located on the Copacabana beachfront in Rio de Janeiro, the hotel counts 545 rooms, in addition to spa and event facilities. Simpson Thacher represented Blackstone in connection with the purchase of the hotel in 2017.

The Simpson Thacher team included Grenfel S. Calheiros, Luiz Noronha and Larissa Gebrim (M&A – Latin America), Danielle Jackson and John Collins II (Real Estate); and Peter Guryan and Kelly Karapetyan (Antitrust).