grand hotel evropa

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GRAND HOTEL EVROPA

Wenceslas SquarePrague


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Scenes from famousmovies such as MissionImpossible or I servedthe King of England havebeen shot in the GrandHotel Evropa.

The Property consists of the existing hotel and adjacent development site locatedin the courtyard behind the building.

Grand Hotel Evropa (the Hotel) is a landmark historic building facing WenceslasSquare. While the Hotels rich history dates all the way back to 1889, its current

Art Nouveau design has only been introduced after thorough reconstruction,undertaken by renowned architects Bendelmayer, Hbschmann and Letzel in1905.

The Hotel spreads over 2 underground and 8 aboveground oors and is projectedto encompass 43 guest rooms (average size of 35 m2), restaurant, caf and a largereception. The total GUA of the Hotel is 5 671 m2. The Hotel is currently closed for

the proposed renovation and extension.The courtyard area of the Hotel (the Project) is currently set to accommodate anadditional building with 111 guest rooms (average size of 35 m2), numerous F&Boutlets (caf, club restaurant and a rooftop restaurant with bar), tness centre &spa, as well as conference centre seating up to 200 delegates. The proposedbuilding is scheduled to spread over 3 underground and 9 above ground oors,extending to 8 467 m2 of GUA. All relevant permits related to construction of thebuilding are already in place.

DESCRIPTION

Location & Access4 5

Property speci cationsTenure & TenancyInvestment opportunity6 7

The Process8 9

Contacts10


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The Property is situated in Prague. With its 5.9million tourists p.a. and 13 million overnights,Prague is the most popular touristic destinationin central Europe.

Being located on Wenceslas Square 25 in thevery heart of Prague, the Property bene tsfrom its utmost prime location. The area ispopular and frequently visited by touristsas well as business travellers. Numeroushotels, of ce buildings, restaurants and touristattractions are located directly on the squareand/or within its closest vicinity. It is alsoknown as the main high street retail area oftown.

Serving as a central transportation hub, allthree Pragues metro lines and numerous tramlines stop directly on the square. Praguesmain train station is within walking distancefrom the square. It is readily accessible bycar from Wilsonova, the main arterial road(extension of the D1 motorway connectingPrague with Brno), and it is a 25 minute driveto the Prague International Airport

LOCATION& ACCESS

Utmost prime locationwith exceptionalaccessibility and visibility.Major tourist as wellas corporate demandgenerators in the vicinity.

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Property speci cationsTenure & TenancyInvestment opportunity6 7

The Process8 9

Contacts10


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Grand Hotel Evropa hashosted numerous famous

gures throughout its richhistory, including TomasGarrigue Masaryk, FranzKafka, Jurij Gagarin andTom Cruise.

The Property is currently held freehold by a private individual. The ownership isregistered to LV 1035 in the Cadastral area of Nove Mesto in Prague. The land plotof the Property (both the Hotel and the Site) extends to 2 048 m2.

The Hotel is currently closed for the proposed renovation and extension, thusbeing offered with vacant possession.

An exceptional value-add opportunity to acquire an existing hotel witha renowned name and design with vacant possession and signi cant growthpotential

Prime location the most important hotel investment fundament and coresustainable competitive advantage

Occupancy and ADR are recovering in Prague Improving demand and limited future supply Asset deal limiting the liability risks and simplifying the due diligence process

TENURE& TENANCY

INVESTMENT

OPPORTUNITY

PROPERTYSPECIFICATIONSThe Hotel (existing) 43 guest rooms of an average size of 35 m2

Restaurant (1st underground oor) Caf (ground oor plus mezzanine) Extensive Lobby (ground oor) Terrace on the roof

The Project (proposed) 111 guest rooms of an average size of 35 m2

Conference Centre (1st underground oor,capacity 200 seats)

Club Restaurant (ground oor) Casino (ground oor) Fitness Centre & Spa with swimming pool

(8th and 9th oor) Rooftop Restaurant/Bar (9th oor) Terrace on the roof

The Process8 9

Contacts10


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JK Advisory has been exclusively appointed byPSN to offer to a limitednumber of investors this unique redevelopment opportunity in the heart of Prague,Czech Republic.

October 2014 Distribution of the Teaser and an NDA following with theinformation package against the signed NDA,November 2014 ViewingsDecember 1 10 th 2014 Collection of the offersDecember 10 17 th 2014 Selection of the exclusive party, signature ofthe LOIJanuary, February 2015 Due diligenceMarch 2015 Signing of the Sales and Purchase Agreement, transfer of theProperty

The sale will be realized through a one-round tender pro cess with the sole decidingcriterion best offered price .

All communication is to be held strictly through JK Advisory.

THE PROCESS

Sir Nicholas Wintonchose the Hotel as hishome and of ce for hisorganization which saved669 children from Jewishfamilies from Nazi regime.

Contacts10


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CONTACTS

Ing. Jan Kovansk MRICS

e: [email protected]: +420 602 459 288

Ing. Zdenk paek MRICS

e: [email protected]: +420 724 203 784

Disclaimer

Though this document is believed accurate at time of transmission, norepresentation or warranty, express or implied, is or will be made in or in relationto, and no responsibility or liability is or will be accepted by us as to the accuracyor completeness of these contents or any other written or oral information made

available to any interested party or its advisers and any liability therefore is herebyexpressly disclaimed.

grand hotel evropa

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