| Key Facts | |
|---|---|
| Location | Slovak Republic |
| Deal type | Capital sponsor restructuring |
| Property type | Hotel with 40,000 m2 multi-use office, retail, hotel and 420 place car park |
| Closing date | 2006 |
| Origination | Direct |
| Status | Under management |
Origination
- Direct to shareholder
Equity partnership
- Bank recapitalisation and restructuring
Role
- Acquired 100% shareholding through takeover of entire Slovak portfolio in complete recapitalisation and restructing agreement with banks
Value Creation
- Completed the bank restructuring and actively managing the assets to stabilise income de-level the bank debt and increase value
Property Type
- Multi-purpose 40,000 m2
- Lodging & Hospitality (4-star hotel, 177 rooms)
- Office/retail 22,000 m2
- City-centre Parking (420 under-ground parking place)
See property website for further details: www.carlton.sk/?lang=en
