Märkte & Kurse

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

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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 positions
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, as
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 is
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 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.


Ende der Pressemitteilung

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Emittent/Herausgeber: Aareal Bank AG
Schlagwort(e): Immobilien

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   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
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2244036 11.12.2025 CET/CEST

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