Hotel & Tourism Real Estate Finance Your Banking Partner ...

Hotel & Tourism Real Estate Finance

Your Banking Partner for Central Europe

� e key

to your

success!

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“A partner with a comprehensive understanding of the entire CEE market is of real benefi t to us.“

Cameron ReadCFO Europe Marriott Hotels International Limited

© Marriott

© Marriott

Hotel Marriott PragueLocation: Prague, Cech Republic

Range of Services: Financing

Client: BH CENTRUM a.s.

Type of Object: Mixed use (hotel, offi ces, retail)

Completiion date: 1999

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Our service for your hotel portfolio

We are the expert team of Erste Group’s Commercial Real Estate sector that specialize in the fi nancing of hotels, tourism infrastructure and mixed -use projects in Central and Eastern Europe. We are the number one partner for international investors and large operator-run hotels wishing to realise projects in excess of EUR 15 million – perhaps even for you.

Our services for your success – Investment fi nancing – Acquisition fi nance – Cross-border fi nancing of hotel portfolios – Financing of hotel developments

Your key to the entire CEE regionOur team has extensive knowledge of the market, the men-tality and the key decision-makers in the CEE region. Our transnational expertise and our strong local banking net-work make us the number one source for all investors, hotel operators and developers who wish to realise successful real estate projects primarily in Austria, Croatia and the Czech Republic, but also in Romania, Slovakia, Hungary and Serbia.

Competently active in your branchWe have a profound understanding of the worlds of banks, hotel operators and investors, and know how to bring all parties to the table. We assume a consulting role for the optimal preparation of operating contracts. In a market environment that is growing fast and becoming increasingly complicated, you stand to benefi t from the cumulative expertise of all involved, for even greater transparency and successful projects.

Expertise from A to ZIn addition to the services mentioned already, we also off er all banking services provided by Erste Group in the respec-tive countries. For hotel real estate transactions:

– Interest and currency hedging products – Placement services for the credit facilities – Payment products – Placement of bonds – etc.

Commercial Real Estate facts:

– 200 specialists across CEE/SEE – Manages a fi nancing portfolio of more than

EUR 13 bn – Volume/annual deal fl ow of EUR 2.5 bn – One of the leading banks in CEE/SEE commercial

real estate business – Over 45 years of experience in the real estate

industry

Hotel project

Investor Hotel operator

Bank

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“We live in a fast-paced business world. In Erste Group we found a fi nancing partner who under-stands the needs of hotel investors and hotel operators alike and knows to reconcile their interests.“

Igor RomanovDeputy Managing DirectorGledenInvest

Augustine HotelLocation: Prague, Czech Republic

Erste Group Services: Financing

Client: Sc-Master s.r.o.

Type of object: Hotel

Completion date: 2009

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SKCZ

ATHU

RO

RS

HRSI

PL

Warsaw

Prague

Bratislava

Budapest

BucharestBelgradeZagreb

Ljubljana

Vienna

Commercial Real Estate core markets (full banking operations)

Additional Commercial Real Estate target countries

Erste Group at a glance

Profi leFounded in 1819 as the fi rst Austrian savings bank, Erste Group went public in 1997 with a strategy to expand its retail business into Central and Eastern Europe (CEE). Since then Erste Group has grown through numerous acquisitions and organic growth to one of the largest fi nancial services pro-viders in the Eastern part of EU in terms of clients and total assets:

– Th e number of customers has increased from 600,000 to approx. 16.1 million in Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia.

– Erste Group’s key business is the retail business, covering the entire spectrum from lending, deposit and investment products to current accounts and credit cards.

– Besides the traditional strength in serving private indi-viduals, Erste Group’s core activities include advisory services and support for corporate clients in fi nancing, investment and access to international capital markets, public sector funding and interbank market operations.

Erste Group in a nutshell (as per H1 2017):

– 16.1 million clients – 47,300 employees – 2,604 branches in 7 countries – EUR 218.2 billion total assets – EUR 624.7 million net profi t – EUR 1,289.3 million operating result – EUR 17.5 billion total equity – 13.2% CET 1 ratio (Basel 3; phased-in)

One of the leading fi nancial service providers in the eastern part of the EU

Among the TOP 3 banks in its core markets

Innovation leader in retail banking in Austria

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Selected transactions

Radisson Blu Resort & Spa,Dubrovnik Sun Gardens CroatiaLocation: Dubrovnik, Croatia


Client: Dubrovacki Vrtovi Sunca d.o.o.


Year of completion: 2009

B & B PragueLocation: Prague, Czech Republic

Erste Group Services: Leasing

Client: B & B Hotel Prague-City s. r. o.



Estilo Fashion HotelLocation: Budapest, Hungary


Client: Mellow Mood Hotels


Year of completion: 2012© Estilo Fashion Hotel

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Porto MontenegroLocation: Tivat, Montenegro


Client: Adriatic Marinas d.o.o.

Type of object: Apartments


Hotel CismigiuLocation: Bucharest, Romania


Client: Hercesa Group



Marina DalmacijaLocation: Sukošan, Croatia


Client: Marina Dalmacija d.o.o.

Type of object: Marina


Erste Group Bank AGAm Belvedere 11100 WienTel.: +43 (0)50100 - [email protected]

www.erstegroup.com

Disclaimer: This folder was prepared with the greatest possible care. However, Erste Group cannot accept any responsibility for the accuracy of the information contained herein. Erste Group will not be liable for any damages arising directly or indirectly from the use of the information contained in this document, to the extent such damages do not result from intentional actions or gross negligence on the part of Erste Group.

Imprint: Published by Erste Group Bank AGAm Belvedere 1, 1100 Wien

As of October 2017

Hotel & Tourism Real Estate Finance Your Banking Partner ...

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