Project Mansum Teaser

SALES PROCESS The Seller, CAH Holding A/S, intends to structure the transaction as a share deal, involving the divestment of all shares in CAH A/S, the SPV owning the property located at Toldbodgade 24, DK-1253 Copenhagen K, and running hotel operations from the property under the name of Copenhagen Admiral Hotel. This represents a unique opportunity to secure a landmark hotel property, appealing to both owner-operators and investors, also in terms of joint venture structures between property investors and first-class hotel operators. Timeline A structured sales process commences in February 2019, targeting closing by the end of the second quarter of 2019. Subject to signing a non-disclosure undertaking (NDU), prospective buyers will be granted access to an Investment Memorandum (IM) and selected property particulars, including performance figures. Prospective buyers are invited to submit an indicative, non-binding offer in early April 2019. Further details of the sales process will be made available in a process letter accompanying the IM. By structuring the transaction as a share deal, the parties are able to benefit from deferred taxes.

For more information, please contact Colliers, Copenhagen

Peter Kaalund Højland Petersen Manager

Kristian Axel Nielsen Director Capital Markets

Peter Winther CEO, Partner, MRICS

T: +45 61 71 14 10 E: peter.kaalund@colliers.com

T: +45 31 44 14 42 E: kristianaxel.nielsen@colliers.com

T: +45 28 19 66 76 E: peter.winther@colliers.com