DGAP-News: Aareal Bank AG / Key word(s): Financing/Real Estate 
Aareal Bank provides financing to L+ R Hotels 
2021-03-24 / 11:04 
The issuer is solely responsible for the content of this announcement. 
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Aareal Bank provides financing to L+ R Hotels 
Mayfair Townhouse hotel in London financed 
Wiesbaden, 24^March 2021 - Aareal Bank has granted L + R Hotels a five-year loan, secured by the prestigious hotel "The 
Mayfair Townhouse". The funding is in the upper double-digit million GBP range. The 5-star luxury hotel with 172-rooms, 
formerly known as the Green Park Hotel and the Hilton Green Park, enjoys a prominent location in the heart of the 
affluent Mayfair district and is one of the rare freehold properties in central London. 
"The European hospitality industry is currently going through a challenging time. We stand by our clients also in these 
times and continue to finance selected projects", stated Christof Winkelmann, Member of the Management Board of Aareal 
Bank. "Confirmed by the rapid recovery that can currently be observed in China and the Far East, we remain confident of 
the long-term perspective for the industry as a whole. Accordingly, we are very glad to have been given the 
opportunity, to finance a prime asset in one of the best yielding hotel locations worldwide." 
L + R Hotels has recently invested a substantial amount in the refurbishment of the premise, which was purchased back 
in 2004. The refurbishment and repositioning of the boutique hotel, which mainly caters to luxury business and leisure 
travelers, was completed at the end of 2020. The hotel will be operated under the "Iconic Luxury Hotels" brand of L+R, 
which comprises of eight 5-star luxury hotels and resorts spread across Europe and the United States. Leonard 
Sebastian, Group Managing & Legal Director of London + Regional Hotels, praises the cooperation with Aareal Bank: "I 
found the Aareal team a dream to work with. The transaction was seamless despite the myriad of challenges imposed by 
Covid-19 and otherwise. They oriented thru the complexities with such finesse. No stones left unturned." 
Bettina Graef-Parker, Managing Director - Special Property Finance of Aareal Bank and with the hotel finance team 
responsible for the deal, added: "The Mayfair Townhouse is a unique gem, not only in the L + R portfolio, but also for 
the London property market. We are happy to add another chapter to the lasting business relationship with a group that 
shows an impressive history of creating value within the hospitality sector." 
Aareal Bank was advised by Pinsent Masons on legal matters, Cushman & Wakefield provided commercial and technical due 
diligence for the transaction. 
Additional photographs for editorial use can be downloaded here. 
Contacts: 
Christian Feldbrügge 
Phone: +49 611 348 2280 
christian.feldbruegge@aareal-bank.com 
René Hartmann 
Phone: +49 611 348 3438 
renepascal.hartmann@aareal-bank.com 
L + R Hotels 
L+R Hotels is part of the privately owned London + Regional Properties Limited (L+R) group of companies. Established in 
1987, L+R became one of the largest privately held property companies in Europe. The company is engaged in the 
investment and development of real estate properties in the UK and abroad. L+R holds assets worth several billion of 
international real estate investments, including an extensive hotel portfolio consisting of 90 premises with 17,500 
rooms, spread over the UK, Continental Europe, the United States, Panama, Africa and the Caribbean. The company is 
active in nearly all stages of the value chain, ranging from acquisition and development, design, construction to asset 
management of the hotel portfolio. Aareal Bank has a long-standing business relationship with the group. 
Aareal Bank Group 
Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. It provides smart 
financings, software products, and digital solutions for the property sector and related industries, and is present 
across three continents: Europe, North America and Asia/Pacific. Aareal Bank AG, whose shares are included in Deutsche 
Börse's SDAX index, is the Group's parent entity. It manages the various entities organised in the Group's three 
business segments: Structured Property Financing, Banking & Digital Solutions, and Aareon. The Structured Property 
Financing segment encompasses all of Aareal Bank Group's property financing and funding 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 Group supports businesses 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. Subsidiary Aareon, a leading consultancy and IT systems 
house for the European property industry and its partners in the digital age, forms the third business segment. Aareon 
offers reliable, pioneering solutions in the fields of consulting, software and services to optimise IT-supported 
business processes, and to extend business models. The Aareon Smart World digital platform links businesses from the 
housing industry and related sectors with customers, staff and business partners, as well as connecting technical 
devices in apartments and buildings. 
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2021-03-24 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Aareal Bank AG 
              Paulinenstr. 15 
              65189 Wiesbaden 
              Germany 
Phone:        +49 (0)611 348 - 0 
Fax:          +49 (0)611 348 - 2332 
E-mail:       aareal@aareal-bank.com 
Internet:     www.aareal-bank.com 
ISIN:         DE0005408116 
WKN:          540811 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm 
EQS News ID:  1177943 
 
End of News   DGAP News Service 
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1177943 2021-03-24

(END) Dow Jones Newswires

March 24, 2021 06:06 ET (10:06 GMT)