^

EQS-Media / 11.12.2025 / 11:28 CET/CEST

Aareal Bank provides a EUR250 million loan for InterGlobe's pan-European

lifestyle hotel portfolio

Wiesbaden, 11 December 2025 - Aareal Bank has successfully arranged a EUR250

million refinancing for a pan-European lifestyle hotel portfolio, which will

largely be operated under InterGlobe's new lifestyle hotel brand, Miiro. The

portfolio comprises nine properties across seven European countries. The

financing supports InterGlobe's strategy to reposition and upgrade acquired

assets, including former K+K properties, into a higher-value,

lifestyle-oriented portfolio.

Miiro is wholly owned by InterGlobe Enterprises UK Ltd. Founded in 1989,

InterGlobe is one of India's leading conglomerates, holding strong position

across aviation, hospitality, and travel-related services sectors.

Under the Miiro brand, InterGlobe is introducing a distinctive collection of

individually designed properties located in some of Europe's most

sought-after travel destinations. The brand launched its first hotels in

Paris and Barcelona in summer 2024, followed by the Templeton Garden in

London in 2025. Two additional properties in Vienna also benefited from a

full renovation, one of which opened in November 2025 and the other, which

is set to open in early 2026.

"We are pleased to celebrate the successful refinancing of the portfolio, a

part of InterGlobe's large-scale renovation and rebranding program," said

Bettina Graef-Parker, Managing Director Special Property Finance at Aareal

Bank AG. "Upgrading existing hotels and repositioning them as lifestyle

properties under InterGlobe´s new brand Miiro is certainly a value-add to

the portfolio."

Neena Gupta, CEO of Miiro and Executive Director of Group Strategy and

International Hospitality at InterGlobe Enterprises, comments: "We have been

deeply impressed by the profound sector knowledge of Aareal Bank's team,

which is grounded in a strong expertise of the hospitality industry. The

financing aligns well with InterGlobe's broader goals: acquiring

high-potential European assets, increasing their value, and scaling a

boutique-style hotel business."

The transaction underscores Aareal Bank's continued commitment to the

hospitality sector and its support for leading sponsors in acquiring and

upgrading distinctive assets in top global destinations.

DLA provided legal advice, while HVS conducted the property valuations.

Contact for the media:

Thomas Rutzki

Phone: +49 611 348 2947

Mobile: +49 170 543 1458

thomas.rutzki@aareal-bank.com

About Aareal Bank

Aareal Bank AG, headquartered in Wiesbaden, is a leading international

property specialist. The Bank uses its expertise to identify trends,

challenges and opportunities at an early stage, and to exploit them for the

benefit of its stakeholders. It provides financings, banking services and

payments solutions for the property sector and related industries, and i

present across three continents, Europe, North America and Asia. Aareal

Bank's business strategy focuses on sustainable business success, with

environmental, social and governance (ESG) aspects as an integral part of

this strategy.

Aareal Bank comprises the business segments Structured Property Financing

and Banking & Digital Solutions. The Structured Property Financing segment

contains the property financing and refinancing activities. Here, the Bank

supports its clients in making large-volume commercial property investments.

The investment properties mostly comprise office buildings, hotels, shopping

centres, logistics and residential property, as well as student apartments.

In the Banking & Digital Solutions segment, Aareal Bank supports businesse

from the housing, property management and energy industries as a

digitalisation partner - combining extensive advisory services and product

solutions with traditional corporate banking services and deposit-taking.

Ende der Pressemitteilung

---------------------------------------------------------------------------

Emittent/Herausgeber: Aareal Bank AG

Schlagwort(e): Immobilien

11.12.2025 CET/CEST Veröffentlichung einer Pressemitteilung, übermittelt

durch EQS News - ein Service der EQS Group.

Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Die EQS Distributionsservices umfassen gesetzliche Meldepflichten, Corporate

News/Finanznachrichten und Pressemitteilungen.

Originalinhalt anzeigen:

https://eqs-news.com/?origin_id=c8cd5719-d670-11f0-be29-0694d9af22cf&lang=de

---------------------------------------------------------------------------

Sprache: Deutsch

Unternehmen: Aareal Bank AG

Paulinenstr. 15

65189 Wiesbaden

Deutschland

Telefon: +49 (0)611 348 - 0

E-Mail: aareal@aareal-bank.com

Internet: www.aareal-bank.com

ISIN: XS2971584813

WKN: A289M2

Börsen: Freiverkehr in Berlin, Düsseldorf, Frankfurt, Hamburg,

Hannover, München, Stuttgart, Tradegate Exchange; Börse

Luxemburg

EQS News ID: 2244036

Ende der Mitteilung EQS-Media

---------------------------------------------------------------------------

2244036 11.12.2025 CET/CEST

°