Hotel. Structured Property Financing HOTEL PROPERTIES

Similar documents
Hotel group. supporting your business in China. Hotel group. Supporting your business in China

Europe 2020 Project Bond Initiative Deal structure credit support and decision making

Publication in accordance with Sec 28 PfandBG

Pandox Business Development City Categories. Jacob Rasin, Director Business Development Pandox Hotel Market Day November, 2018

KEFLAVÍK AIRPORT FROM A STROLL THROUGH CENTRAL PARK TO A SEAT ON THE LONDON EYE FACTS AND FIGURES 2017

INVEST WITH US! Discover vibrant cities with MEININGER Hotels. Europe

Cover Pool ( mn.) 4, , , , , ,494.6 of which derivatives ( mn.)

nominal value net present value risk-adjusted net present value*

HOLIDAYS SUMMERS ABTO/WES PANEL RESEARCH growth. index %

Implementing innovative hotel solutions. We know how.

PRODUCTS OCTOBER 2018

Country (A - C) Local Number Toll-Free Premium Rates

PRIDE OF OWNERSHIP.

Cover Pool ( mn.) 4, , , , , ,985.2 of which derivatives ( mn.)

HOSPITALITY GROUP EMEA CAPABILITIES

Cover Pool ( mn.) 15, , , , , ,932.0 of which derivatives ( mn.)

OUR NETWORK. 1:22 24 departures per day. 2:01 10 departures per day. 5:34 3 departures per day. 2:15 18 departures per day. 3:17 11 departures per day

Passenger Flows Zurich Airport. July to November 2011

Country (A - C) Local Number Toll-Free Premium Rates

Frankfurt am Main. The world s leading trade fair for lighting and building services technology. Facts and figures

Europe s New Financial Centre(s)

A leading European hotel property company

Mark Yeandle MBA FCIM

Implementing innovative hotel solutions. We know how.

,9. Cover Pool (Mio. ) 4.930, , , , , ,6 of which derivatives (Mio. ) - -7,3

Traffic Development Policy

DÜSSELDORF YOUR BASE IN EUROPE PAGE 1

The European Hotel Market

2019 EUROPE PROGRAMS. Academic Scientific Educational Vocational Cultural Tours. CERN Program in Nowruz The Biggest Science Center in the World

Facts and figures Zahlen und Fakten 2016

Yoram Shiftan Transportation Research Institute, Technion - Israel Institute of Technology. Brno May 2016

Presentation at the annual general meeting 2017

POST- SHOW REPORT MTE 2015

LOCATION LIST 2017 Note: Updates compared to 2016 are visible with Track Changes

irport atchment rea atabase

1834 Newton 1835 South Boston 1836 Charlestown 1837 South Boston 1838 Salem 1839 South Boston 1840 South Boston 1841 East Boston 1842 Cambridge 1843

25 th March 2013 Hyatt Hotel Reinforcing Montreal s competitiveness as a financial centre. GFCI 13 Published This Morning!

Zones metropolitaines: sources de croissance. Montreal, 7 Mai 2009

The 10 Things you may not know about airfare & hotel prices. James Filsinger President & CEO Yapta

MARKET REPORT. Wuhan, China Upper-Tier Hotel Market

September ESMA advises European Commission on equivalence of non-eu clearing and derivatives rules. Summary table

PERPETUAL CORPORATE TRUST GLOBAL AND DOMESTIC CAPITAL TRENDS IN COMMERCIAL REAL ESTATE

Implementing innovative hotel solutions. We know how.

THE GROWTH OF THE HOSPITALITY INDUSTRY IN DUBAI

Life cycle Solutions partner for the entire life cycle of industrial assets

Allianz Real Estate. Creating Value. January 2017

Agenda. Binswanger. Food Industry Trends. Food Industry Changes. Suggestions for the Economic Development Community. Conclusion

30 th European Hotel Investment Conference Experience the future. Robin Rossmann Wednesday 7 November

FLYING TIME* AIR- LINE SAINT LUCIA. Saint Lucia Saturday May 5 / 18 to Oct 27 / 18 5 ARUBA

A UNIQUE, GLOBAL, DIGITAL BRAND FOCUSING ON SMART SPACES THAT DELIVER OUTSTANDING VALUE RELAX, WORK AND PLAY...

APRIL 2011 BRUSSELS, BELGIUM UPSCALE HOTEL MARKET. Sophie Perret Associate Director. HVS London 7 10 Chandos Street, London W1G 9DQ, UK

global duty free & travel retail sales 2011

The business. Business opportunities throughout the value chain

Global Seat Capacity July. May. June. Global Sectors Flown July. May. June %

Cape Verde Islands 0

Intra-European Seat Capacity. January February March April May June July August September October November December. Intra-European Sectors Flown

Global Seat Capacity May. June. July. Global Sectors Flown May. June. July

Version number Effective date Person in charge Changes

What is EBRD? Cumulative commitments 71.1 billion '98 '04 '08 '11. As of 31 December 2011

Contents EMEA Sales Kickoff Flight Bookings Instructions... 2 Departures from Germany... 2 Munich... 2 Dusseldorf... 3 Frankfurt... 3 Hamburg...

A.von Brockdorff Services Ltd / American Express Global Business Travel Malta Airways House High Street Sliema SLM 1551 Malta

THE MOST RECOGNISED NAME IN HOSPITALITY

IMD World Talent Report Factor 1 : Investment and Development

EUROPE THINGS TO KNOW BEFORE YOU GO. Thank you for choosing RITZ TOURS!!!

Interrail Press Kit. Information for media


Frankfurt am Main. The world s leading trade fair for lighting and building services technology. Inspiring tomorrow.

PRESS RELEASE No. 24 of February 3, 2014 Tourism December and the Year 2013

on Service Statistics

Coopetition. Sleeping with the Enemy or Strategic Alliances? Mike Williams Senior Consultant GainingEdge

AMSTERDAM, THE NETHERLANDS

Rethinking Global City Competitiveness. Jeremy Kelly, Global Research, JLL 7 th June 2018

MICE Facilities.

Hampton by Hilton Istanbul Atakoy, Turkey HAMPTON BY HILTON. EMEA Development Brochure

Chris Schmidt - istockphoto. Germany s Major Investment Partners USA

Global Office Real Estate Review colliers.com

TRIPS OF BULGARIAN RESIDENTS IN ABROAD AND ARRIVALS OF VISITORS FROM ABROAD TO BULGARIA IN FEBRUARY 2011

MARKET REPORT. Auckland Hotel Market Outlook

END OF YEAR RESULTS 2016 INVESTOR CONSULTING

- Gerald D. Hines Founder and Chairman, Hines

INTERNATIONAL FINANCIAL SALARY GUIDE

THE FIRST IN SERVICE AND TIMELESS ELEGANCE. EMEA Development Information. Waldorf Astoria Shanghai on the Bund, China

Global September 2014

2017 China-Europe Tourism Market Data Report China Tourism Academy Ctrip Group

Sprint Real Solutions VPN SDS International Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S. Virgin Islands 1*

Global Seat Capacity July. May. June. Global Sectors Flown July. May. June %

2019 By the Numbers: Market Analytics

WE KNOW HOSPITALITY CRESCENT HOTELS & RESORTS:

Hotel Services Europe, Middle East and Africa. Accelerating success.

An overview of Tallinn tourism trends

Starwood Hotels & Resorts Worldwide, Inc. Systemwide (1) Statistics - Same Store For the Three Months Ended December 31, 2007 UNAUDITED

SVP, Treasurer Interstate Hotels & Resorts (703) (703)

P R E S S R E L E A S E

Record of Success International Exhibition

HOW TO CHOOSE THE RIGHT BRAND FOR YOUR HOTEL

Gateway to Success in the Czech Republic.

Entering the German Market: Business Opportunities in Germany for UK companies. London, 31 May 2018

Traffic Development Policy IATA SEASONS 2015/2016

EDITO RIAL. Tomorrow is already here

Sprint Real Solutions Option A SDS International Outbound Rates from the U.S. Mainland, Hawaii, Puerto Rico, and the U.S.

Transcription:

Hotel Structured Property Financing HOTEL PROPERTIES

Hotel Dear clients and business partners Our approach to property finance? In-depth expertise and flexibility in all our markets across three continents. What is your understanding of»quality«? For us,»quality«is more than just a word.»quality«is, when expertise meets flexibility, when inter national setup meets the ability to think outside the box.»quality«is both our foundation and our promise when we speak about property finance, our core business segment. We provide property financing solutions on three continents; and since we know that property markets are local, we have built up a broad international network of offices. Currently, we are present in Europe, North America and Asia to make local experts available to you in all relevant investment markets. In the Structured Property Financing segment, we finance commercial property in particular, office buildings, hotels, shopping centres as well as logistics and residential properties. In addition to our network of local teams, specific expertise in the hotel, logistics and the retail property sectors is available in specialised teams at the head office. Our local and industry experts work smoothly together to ensure that we provide the necessary competence for each individual transaction. offer you the opportunity to speak to your bank in your preferred language. Our product range comprises all kinds of tailor- made debt financing products that property investors require, including cross-border portfolio financings for which we are able to provide dedicated teams, selected according to the requirements of the individual transaction. The international profile of our company is not only reflected in the fact that our experts come from more than 30 nations, but also in the structure of our business. Please make use of our expertise and contact one of our local offices or one of the specialised teams at our head office in Wiesbaden, Germany, and find out what we mean by offering financing solutions as flexible as you need them to be. Kind Regards, With this approach, you not only have access to a unique combination of expertise that you can call on according to your individual needs: in addition to a competent, flexible and quick service, we Hermann J. Merkens Chairman of the Management Board Christof Winkelmann Member of the Management Board

Hotel Our Hotel Team consists of specialised professionals. The team focuses primarily on lending to first-class hotels in prime locations as well as portfolio transactions across Europe, North America, Asia and selected resort destinations, managed by internationally renowned operators. Depending on the country the hotel property is located in, our Hotel Team works together with local offices and the local country teams in order to combine knowledge of the product with local experience and expertise. With in-depth knowledge of the hotel industry and resulting understanding of investors needs, we are able to provide custom-tailored financing structures. Contacts Aareal Bank AG Special Property Finance Hotel Paulinenstrasse 15 65189 Wiesbaden, Germany Phone: +49 611 3483641 E-mail: hotel@aareal-bank.com Bettina Graef-Parker Managing Director Special Property Finance Phone: +49 611 3482416 E-mail: bettina.graef-parker@aareal-bank.com Michelle Weiss Head of Hotel Special Property Finance Phone: +49 611 3482995 E-mail: michelle.weiss@aareal-bank.com The decisive factors: international expertise and financial engineering Our close client relationships are supported by our in-depth understanding of local markets. We started to develop our international network in 1990 and have continued to increase our geographic coverage ever since. With property financing activities on three continents, we enjoy an excellent market position in property lending. Aareal Bank offers individual and innovative financing solutions to the property sector. This comprises short-, medium- and long term financing, individual and portfolio financing, whether through direct property acquisitions or the acquisition of shares in property companies, as well as consulting and services. Product Range Next to classic property finance products such as senior mortgage loans, we deliver innovative finance solutions. These solutions include cross-border portfolio facilities as well as a wide range of capital market products including hedging instruments. Financial products Single asset finance Portfolio finance Finance of share deal transactions Cross-border, multi-jurisdiction facilities Arrangement of property debt facilities Syndication Residential Hotel Office Retail Logistics Others / Mixed

Deals Leadon International Investments CAD 716,014,000 For the financing of 22 hotels across Canada (including major hubs of Vancouver, Toronto, Montréal, Edmonton, Calgary and Québec City) CHF 160,000,000 For the refinancing of the Four Seasons Hotel Des Bergues Geneva, Switzerland GBP 180,000,000 For the financing of five Radisson Blu Edwardian Hotels Mercer Street, Bloomsbury Street, Kenilworth, Grafton, New Providence Wharf London, United Kingdom EUR 263,000,000 For the refinancing of the Sheraton Brussels Airport Hotel, Four Points by Sheraton Brussels, Hyatt Regency Paris Charles de Gaulle, Sheraton Frankfurt Airport Hotel & Conference Center, Sheraton Amsterdam Airport Hotel & Conference Center, Hilton Prague Old Town Hotel, Gestin Centre, Prague Belgium, Czech Republic, France, Germany and the Netherlands For the acquisition financing of the Hilton Barcelona, Hilton Zurich Airport and Aparthotel, Hilton Paris Charles de Gaulle Airport, Hilton Dresden, Hilton Dusseldorf, DoubleTree by Hilton Hotel Luxembourg, Hilton Strasbourg and Hotel Des Indes, a Luxury Collection Hotel, The Hague Spain, Switzerland, France, Germany, Luxembourg and The Netherlands EUR 263,260,000 For the acquisition financing of NH Collection Hamburg City, NH Frankfurt Airport, NH München Airport, NH Salzburg City, NH Vienna Airport Conference Center, Radisson Blu Hotel Cologne, Park Hotel Amsterdam Germany, Austria and The Netherlands

Hotel Host Hotels & Resorts European Joint Venture SEK 507,300,000 For the acquisition financing of the Sheraton Stockholm Hotel Stockholm, Sweden CAD 100,000,000 For the acquisition financing of the Fairmont Hotel Vancouver Vancouver, Canada USD 80,000,000 For the refinancing of the Omni Orlando Resort at ChampionsGate Orlando, Florida, USA Co-Agent and Lender Cranefield Limited GBP 200,000,000 For the financing of Doubletree by Hilton Tower of London Hotel in London, United Kingdom Agent, Co-Arranger, Lender and Security Agent Aareal Bank share GBP 100,000,000 USD 293,725,000 For the refinancing of senior debt on the Beverly Hilton Hotel and senior construction financing for the Waldorf Astoria Beverly Hills, California, USA Administrative Agent and Lender EUR 182,000,000 & GBP 150,000,000 For the refinancing of a portfolio of eight Park Plaza Hotels and 1 art otel The Netherlands and the United Kingdom

Aareal Bank Our Offices Wiesbaden Head Office Europe Paris North America Paulinenstrasse 15 29 bis, rue d Astorg 65189 Wiesbaden, Germany Brussels 75008 Paris, France New York Phone: +49 611 3483641 40 rue Joseph II-straat Phone: +33 1 44516630 Aareal Capital Corporation 1000 Brussels, Belgium Fax: +33 1 42662498 250 Park Avenue, Suite 820 Phone: +32 2 5144090 New York, NY 10177, USA Special Property Finance Fax: +32 2 5144092 Rome Via Mercadante, 12/14 Phone: +1 212 5084080 Fax: +1 917 3220285 Istanbul 00198 Rome, Italy Hotel Phone: +49 611 3483641 Ebulula Mardin Caddesi Maya Meridyen Iş Merkezi Phone: +39 06 83004200 Fax: +39 06 83004250 Asia D:2 Blok Kat. 11 E-mail: hotel@aareal-bank.com 34335 Akatlar/Istanbul, Turkey Stockholm Shanghai Phone: +90 212 3490200 Norrmalmstorg 14 Suite 2311, Plaza 66 Phase I Logistics Fax: +90 212 3490299 11146 Stockholm, Sweden 1266 Nanjing West Road Phone: +49 611 3482341 Phone: +46 8 54642000 Shanghai 200040, China London Fax: +46 8 54642001 Phone: +86 21 62889908 E-mail: logistics@aareal-bank.com 6th Floor, 6,7,8 Tokenhouse Yard Fax: +86 21 62889903 London EC2R 7AS, United Kingdom Warsaw Retail Phone: +44 20 74569200 RONDO 1 Rondo ONZ 1 Singapore Phone: +49 611 3482341 Fax: +44 20 74569249 00-124 Warsaw, Poland Aareal Bank Asia Limited Phone: +48 22 5380060 3 Church Street E-mail: retail@aareal-bank.com Madrid Fax: +48 22 5380069 #17-03 Samsung Hub Calle María de Molina 40, 4 Singapore 049483, Singapore 28006 Madrid, Spain Wiesbaden Phone: +65 6372 9750 Phone: +34 91 5902420 Paulinenstrasse 15 Fax: +65 6536 8162 Fax: +34 91 5902436 65189 Wiesbaden, Germany Phone: +49 611 3482950 Moscow Fax: +49 611 3482020 Business Centre Mokhovaya 4/7 Vozdrizhenka Street, Building 2 125009 Moscow, Russia Phone: +7 499 2729002 Fax: +7 499 2729016 We finance properties on three continents. Scan QR-Code for more information about our deals: www.aareal-bank-deals.com 09/2017 www.aareal-bank.com