Lloyd Fonds : sells a further hotel to the Motel One Group

• Successful sale of the fund's property 'Hotel Leipzig Nikolaikirche'
• Investors achieve a pre-tax return of approximately 8 per cent p.a.

Hamburg, 28 March 2017. The Lloyd Fonds Group has successfully sold a further hotel property including retail areas to the 'Motel One' hotel group. According to the Hamburg-based investment- and assetmanager, a purchase factor of 22.2 was generated for the hotel operated by Motel One Hotel in Leipzig in relation to the net annual rental. The hotel property had been acquired at the time by the investors of the real estate fund 'Hotel Leipzig Nikolaikirche' at a purchase price factor of 15.5.

Lloyd Fonds had created the fund in the year 2010, thus continuing a series of successful hotel investments. The hotel opposite St. Nicolas' Church in Leipzig's medieval part of the city let to the Motel One Group used to be owned by the fund.

'German hotel properties in prime locations under long-standing leases are currently fetching top prices. In this market environment, we took advantage of this opportunity and managed to get an extremely good selling price,' says Dr Torsten Teichert, CEO of Lloyd Fonds AG. 'This represents a tremendous result for our investors.' Under a profit-sharing arrangement in place, Lloyd Fonds AG also stands to benefit from the successful sale of the hotel.

The investors in the fund will receive a total capital payout of about 156 per cent before taxes. In relation to the average term of roughly 6.3 per cent, this means an annual pre-tax asset increment of around 8 per cent.

Lloyd Fonds was one of the first fund providers that identified the trend towards budget hotels, making projects accessible to the Motel One hotel group still in its infancy in those days. Last summer, Lloyd Fonds had already sold two hotel properties in Nuremberg and Berlin to the Motel One Group at top prices.