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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 new project company was established for the project, in which the previous owner also holds a 10% stake. This company has already signed the final purchase agreement for the property, thereby securing the project. The final acquisition is still subject to financing. The necessary zoning for the hotel project has already been obtained and the building permit is expected shortly. A significant portion of the purchase price will be paid through the transfer of shares in EPH Group AG as part of a capital increase through contributions in kind, which will significantly strengthen EPH Group AG's equity.