Press Release on 23 February 2015

Munich, 23 February 2015 – A group of Irish shareholders, including the IBRC Assurance Company Ltd. and National Asset Loan Management as largest shareholders, has sold the four‑star hotel Radisson Blu Cologne to Invesco Real Estate (IRE).

The hotel consisting of 393 rooms is situated directly opposite the Cologne trade fair and is operated under the brand name Radisson Blu by the Rezidor Hotel Group.

The team of LPA Munich has advised the seller on the cross-border transaction comprehensively, especially regarding real estate law, corporate law and insolvency law.

Advisors Seller:

LPA Munich: Dr. Fabian Tross (Real Estate Law), Oliver Kirfel (Corporate Law), Gerhard Köglmeier (Corporate Law, Tax), Andreas Feuerstein (Finance) und Marcel Graf (Corporate Law)

Clément & Avocats: Christophe Clément, Louise N’Gapou (Luxembourg Law)

Advisor Invesco Real Estate:

CMS Office Berlin

Contact: