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Kärnten, Austria

Resort project with views of the Großglockner, ski in - ski out

Plot size: approx. 9,000 square meters
Location: prime location directly on the ski slope, ski in - ski out
Highlights: Wellness area with infinity pool and spectacular views of the Großglockner, peaceful and panoramic location
Capacity: Approx. 280 beds Hotel
Operator: International hotel operator

The project is in an exclusive location directly on the ski slope. The exceptional peaceful and panoramic location offers guests an incomparable view of the Großglockner. A spacious wellness area with infinity pool invites guests to relax. The hotel is designed withapprox. 280 beds and is to be operated by a renowned international hotel operator.

Status

A binding term sheet for the purchase of the property has already been concluded. The final purchase agreement will be signed in the coming weeks. A new project company will be founded for the project, in which the previous owner will also hold a 10% stake. The necessary zoning for the hotel project has already been obtained and planning permission is expected shortly. A substantial partof the purchase price will be paid by transferring shares in EPH Group AG as part of a non-cash capital increase, which will significantly strengthen EPH Group AG's equity.