EPH Group AG Expands Portfolio with Three New Hotel Projects

EPH Group AG has finalized purchase agreements for three new hotel projects in Austria. These projects are located at Großglockner, in the Ossiacher See region, and in Kalkalpen National Park. The acquisitions are predominantly financed through a capital increase in kind. This strategy involves sellers contributing purchase price claims, minus bank liabilities, as contributions in exchange for EPH shares.

The agreements, subject to conditions precedent, require successful listing of EPH shares on the Vienna MTF and necessary refinancing of existing bank liabilities. EPH Group AG now holds a 90% stake in each project company, with sellers retaining 10%. This expansion supports EPH's aim to enhance its high-yield hotel and resort portfolio in premium and luxury segments across Europe.