CBE CAPITAL secures first utilization of EUR 120MEUR bond loan facility from PIRAEUS BANK, Athens for its club deal investment in Six Senses Porto Heli.

LONDON –  CBE Capitalis glad to announce the first utilization of a dedicated 120MEUR Bond loan facility provided by Piraeus Bank for its club-deal investment into the new Six Senses Hotel and branded residences in Porto Heli on the Greek mainland.

The development has been increased by the acquisition of additional land to provide more branded residences and its own staff accommodation building.

The project -with a now increased budget of 180M EUR- is financed by a club of equity investors including the greek Goutosfamily, the New York based fund Taconic Capital (advised by Cedar Capital) and CBE Capital.

Construction of the project has begun with previous building substance cleared away and the first villa sales off plan already occurred despite the fact that the formal marketing process has not started yet.

Aris Goutos, Golden Land Goutos: “Porto Heli is the next big thing in Greece where traditionally European Royals and Greek shipping magnates had their holiday homes. The recognition of Porto Heli area has been built up by my family over the last four decades, and it has becomea hotspot for luxury hotels, residences and golf. There is already a very high demand for our stunning villas.”

Geza Toth-Feher, CBE Capital: “We are pleased to substantially progress this project with Six Senses and our Greek friends and banking partners. The transaction is testament to our best-in-class investment strategy we have in place and the success of this is dependent on partnering with the best players in the industry. Unlike many other projects in Greece, this one is real.”

Six Senses Porto Heli is yet another addition to CBE’s involvements in luxury hotel acquisitions in Southern Europe.

CBE Capital has arranged and co-invested deals valued over 1B EUR, including the recently opened La Palma Capri by Oetker Collection and the Corinthia Rome which is currently under development.

Building on this strategy, CBE Capitalhas appointed UBS to raise up to 400M EUR in additional equity from institutional investors for its growing pipeline of investments in ultra-luxury resorts, hotels, and branded residences.

PRESS ENQUIRIES

Simone Ferrari

Public Relations and Marketing| CBE Capital

Mirko Crocoli

Press Officer

M +39 340 9714 238

Esl@cbecap.com

INVESTMENTS ENQUIRIES

Sebastian Loeffler

Director | CBE Capital

P +44 2074 994 596

M +49 176 3856 4708

Esl@cbecap.com

ABOUT

www.cbecap.com

CBE CAPITALl is a boutique merchant banking firm based in Mayfair, London working worldwide founded in 2010 by Geza Toth-Feher.

CBE CAPITAL sources, structures and arranges private equity investment in the form of club deals working across the sectors of private equity, real estate, and debt financing.

Preferred sectors are real assets, predominately managed accommodation; other sectors include shipping, aviation and financial institutions.

CBE CAPITAL generate opportunistic returns for its partners and co-investors as consequence of its best-in-class approach in its choice of fulfillment partners and its focus on distressed or special situations.

CBE CAPITAL has arranged funding for multiple billionsEUR of relevant investments in Europe and the UK, with a particular activity in Italy and Greece.