Acquisition Focus: Hospitality Assets (Existing Hotels) Asset Purchase Value (including CapEx): €10M - €40M Size Requirement: Gross Internal Area (GIA) 2,000 sqm to 6,000 sqm Price Cap: Only considering hotels selling below €4,000 per sqm Primary Locations: Lisbon, Madrid, Barcelona, Malaga, Paris, Milan, Rome, Brussels, Vienna, Berlin, Munich, Hamburg, Amsterdam, Rotterdam, Copenhagen Secondary Locations: (Same focus on existing hotels) Budapest, Prague, Krakow, Warsaw, Seville, Valencia, Florence, Athens Location Criteria: Central locations or max 20 minutes by tram​/​metro to the city center 1-8 minutes walking distance to a train or metro station Asset Types That Work: Complex Buildings – Large ground floors, deep floor plates, triangular or irregular shapes Leisure​/​Retail Complicated buildings - Very specific architecture for one-use only with large open spaces (hard to convert to something else) Challenging Buildings – Limited sunlight access, large basement areas, Too much ground floor space Difficult-to-Sell hotel Assets – Deals that haven’t moved in the last 1-2 years Buildings Unsuitable for typical Hotel Conversions ​/​ residential – Where our adaptable model has an advantage Family-Owned & Independent Hotels – Owners considering a sale but needing a smooth process Small Hospitality Groups – Facing pressure from rising operating costs or debt Funds with Stranded Hotel Assets – Holding 1-2 hotels that don’t fit their portfolio anymore Who We Are: Cash Buyer – No debt required, backed by a €200M fund Active Buyer – Recent transaction completion: 4 transactions in the last 12 months 2 transactions currently in exclusivity

Location Preference

Europe

Age / Year

N​/​A