Kirkland & Ellis, Allen & Overy (A&O) and Linklaters are among a line-up of law firms to have advised on the €4.4bn acquisition of a 55% stake in the real estate assets of AccorHotels by a consortium of investors.

French multinational hotel group AccorHotels, the parent company of brands including Sofitel, Grand Mercure and Ibis, is selling the stake in AccorInvest, which was spun off into a separate company last year.