Hotel & Tourism Real Estate Finance Your Banking Partner for Central Europe

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1 ey k e Th our to y ess! succ Hotel & Tourism Real Estate Finance Your Banking Partner for Central Europe

2 Marriott A partner with a comprehensive understanding of the entire CEE market is of real benefit to us. Cameron Read CFO Europe Marriott Hotels International Limited Marriott Hotel Marriott Prague Location: Prague, Cech Republic Range of Services: Financing Client: BH CENTRUM a.s. Type of Object: Mixed use (hotel, offices, retail) Completiion date:

3 Our service for your hotel portfolio We are the expert team of Erste Group s Commercial Real Estate sector that specialize in the financing 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 financing Acquisition finance Cross-border financing of hotel portfolios Financing of hotel developments Your key to the entire CEE region Our team has extensive knowledge of the market, the mentality and the key decision-makers in the CEE region. Our transnational expertise and our strong local banking network 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 branch Expertise from A to Z In addition to the services mentioned already, we also offer all banking services provided by Erste Group in the respective 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 financing portfolio of more than EUR 13 bn Volume/annual deal flow 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 Bank We 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 benefit from the cumulative expertise of all involved, for even greater transparency and successful projects. Hotel project Investor Hotel operator 3

4 We live in a fast-paced business world. In Erste Group we found a financing partner who understands the needs of hotel investors and hotel operators alike and knows to reconcile their interests. Igor Romanov Deputy Managing Director GledenInvest Augustine Hotel Location: Prague, Czech Republic Client: Sc-Master s.r.o. Completion date:

5 Erste Group at a glance P ro fi l e Ljubljana Prague AT CZ Vienna SI Zagreb Bratislava HR Warsaw PL HU SK Budapest Belgrade RS RO Bucharest Founded in 1819 as the first 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 financial services providers in the Eastern part of EU in terms of clients and total assets: The number of customers has increased from 600,000 to approx 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 individuals, Erste Group s core activities include advisory services and support for corporate clients in financing, investment and access to international capital markets, public sector funding and interbank market operations. 2 Commercial Real Estate core markets (full banking operations) Additional Commercial Real Estate target countries One of the leading financial service providers in the eastern part of the EU Among the TOP 3 banks in its core markets Erste Group in a nutshell (as per H1 2017): 16.1 million clients 47,300 employees 2,604 branches in 7 countries EUR billion total assets EUR million net profit EUR 1,289.3 million operating result EUR 17.5 billion total equity 13.2% CET 1 ratio (Basel 3; phased-in) Innovation leader in retail banking in Austria 5

6 Selected transactions Radisson Blu Resort & Spa, Dubrovnik Sun Gardens Croatia Location: Dubrovnik, Croatia Client: Dubrovacki Vrtovi Sunca d.o.o. Year of completion: 2009 B & B Prague Location: Prague, Czech Republic Erste Group Services: Leasing Client: B & B Hotel Prague-City s. r. o. Year of completion: 2013 Estilo Fashion Hotel Location: Budapest, Hungary Client: Mellow Mood Hotels Estilo Fashion Hotel 6 Year of completion: 2012

7 Porto Montenegro Location: Tivat, Montenegro Client: Adriatic Marinas d.o.o. Type of object: Apartments Year of completion: 2015 Marina Dalmacija Location: Sukošan, Croatia Client: Marina Dalmacija d.o.o. Type of object: Marina Year of completion: 2016 Hotel Cismigiu Location: Bucharest, Romania Client: Hercesa Group Year of completion:

8 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 AG Am Belvedere 1, 1100 Wien As of October 2017 Erste Group Bank AG Am Belvedere Wien Tel.: +43 (0) gcre.office@erstegroup.com

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