CB

www.cbcommercial.it PRIVATE AND CONFIDENTIAL Questa Brochure, proprietà esclusiva della nostra società, non deve essere

oggetto di divulgazione né duplicazione.

Realty Advisory S.p.A. - advisoryamtrespa@cbcommercial.itRome - Via Sardegna n. 50 I Milan – Via Carlo Porta n. 1 I ITALY

Ph. (+39) 06 39740456 - Ph. (+39) 02 89919232 – Fax (+39) 06 83700463

HOSPITALITY PORTFOLIO AMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A 14-056

Grand Hotel Villa Igiea Palermo

Mercure Excelsior Catania

Grand Hotel et Des Palmes PalermoMercure Excelsior Palermo

1

HOSPITALITY PORTFOLIOAMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A.

PALERMO – GRAND HOTEL ET DES PALMES

CB

www.cbcommercial.it PRIVATE AND CONFIDENTIAL Questa Brochure, proprietà esclusiva della nostra società, non deve essere

oggetto di divulgazione né duplicazione.

Realty Advisory S.p.A. - advisoryamtrespa@cbcommercial.itRome - Via Sardegna n. 50 I Milan – Via Carlo Porta n. 1 I ITALY

Ph. (+39) 06 39740456 - Ph. (+39) 02 89919232 – Fax (+39) 06 83700463

HOSPITALITY PORTFOLIO AMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A 14-056

Palermo is an Italian city of about 653.000 inhabitants, is the capital of

the Province and the Region of Sicily, and aspires to become the capital of

the “Union for the Mediterranean”. Stretched over a large creek at the edge

of Mount Pellegrino, in ancient times was one of the most flourishing cities

of the Mediterranean. Palermo is full of natural beauty and is a popular city

of European art. Some of its most important monuments, (witnesses of a

glorious history) are: the Cathedral with the tombs of the Norman kings, the

Norman Palace (first Parliament House in modern history) and its built-in

Palatine Chapel, the Martorana with its precious mosaics, the Church of St.

John of the Hermits (characterized by a typical Islamic architecture), the

Zisa, the Abbatellis Palace and the Teatro Massimo: an extremely charming

city that has true gems of art, inherited from the past, thanks to the

occupation of Arabs, Normans and Spanish. Goethe loved this city, and

wrote "In the public garden, near the port, I spent some magnificent hours

from alone. It 's the most wonderful place in the world“. Palermo has a

beautiful promenade as well: Mondello (which is the town beach), with its

soft and light color sand and clean crystal sea. Not miss to visit its historic

markets: Vucciria, Ballarò and Borgo Vecchio.

Taormina Despite the fact of being a small town (with only 11.000

inhabitants), Taormina is considered to be one of the most beautiful,

welcoming and fascinating city of the whole island. It ‘s an international

holiday resort, with renown five-star hotels and luxury boutiques of major

global brands. With its enchanting natural landscapes and historical

monuments, as well as the prestigious cultural events such as the

"Taormina Arte", the tourist season lasts all year (the higher peak is in

August, and the lower is in January / February).

Taormina is located on a hill, at about 250 meters above the sea level, at

the midway between Messina and Catania, in a strategic location to enjoy

the fast trips on the east coast of Sicily. The origin of the city starts in the

fourth century and its beauty is represented mainly by the presence of

important monuments such as the Greek Theatre, still used for several

concerts and cultural activities.

Catania is located on the southern extremity of Etna and overlooks the

Gulf of the same name, occupying the extreme hillsides of the volcano that

slope to the Ionian Sea. The town, with its population of approximately

295.000 inhabitants, is the second most populous municipality of Sicily and

the fourth in the South, and is located at about 210 km from Palermo and

97 km from Messina. The urban area of Piazza Verga is characterized by

residential, public and professional studies, as well as popular spaces as

Villa Bellini. Recently, due to its rich history and landscape, the Etna was

declared by UNESCO a “cultural heritage of humanity” : is one of the main

natural attractions of Sicily, as well as the highest mountain on the island.

Etna is also one of the most active volcanoes in the world and the most

dynamic in Europe. Its altitude changes with each eruption, and although

over the centuries a few lava flows have reached the coast, is one of the

major destinations of Sicily, with thousands of visitors every year. In winter

the Etna offers skiing holidays, and during the summer, breathtaking hikes

in the woods.

Siracusa with its 123.000 inhabitants, it is the fourth largest city in Sicily

by population (after Palermo, Catania and Messina). Located on the south

eastern coast of the island, it is the capital of the province as well as being

one of the most important international tourist centres throughout the

region, for its beautiful natural landscape, beautiful sea and the numerous

historic monuments mainly located in the island of Ortigia (declared an

UNESCO World Heritage Site in 2005, thanks to its medieval and baroque

features). It can be divided into two different areas: the island of Ortigia,

linked to the mainland by a short bridge, and the main centre of Siracusa. It

was the most important Greek city and, even today, you can relive its

glorious past by visiting its vast archaeological site: temples, a theatre, an

amphitheatre and a necropolis. The white sandy beaches of Siracusa slope

along the coast south of the city, over the ark of the harbour; the city is also

famous for its white cliffs and very clear sea, a true paradise for fishing

lovers and for underwater photography.

FOCUS ON THE SICILIAN REGION

2

CB

www.cbcommercial.it PRIVATE AND CONFIDENTIAL Questa Brochure, proprietà esclusiva della nostra società, non deve essere

oggetto di divulgazione né duplicazione.

Realty Advisory S.p.A. - advisoryamtrespa@cbcommercial.itRome - Via Sardegna n. 50 I Milan – Via Carlo Porta n. 1 I ITALY

Ph. (+39) 06 39740456 - Ph. (+39) 02 89919232 – Fax (+39) 06 83700463

HOSPITALITY PORTFOLIO AMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A 14-056 2. Palermo Grand Hotel et Des Palmes

The Grand Hotel Et Des Palmes is a former patrician house built in

1874 as a private residence of the Ingham – Whitaker family; in

1907, the new owner of the house decided to transform it into a

hotel, symbol of the Belle Epoque. The Grand Hotel Et Des Palmes is

the most prestigious and historic hotel in Palermo, and it is between

these rooms that Wagner refinished the "Parsifal" and Crispi laid the

foundations for National Italian unity. It is located in the Municipality

of Palermo in Via Roma nr. 398 in the centre, near Piazza

Politeama. The area is characterized by multi-storey buildings, both

residential and commercial, built between the '500 and' 900. Via

Roma is an important street, provided by several lines of public

transport; it is one of the busiest shopping streets in the city, with

many shops of famous national and international brands.

In addition to these shops, the Hotel is close to two of the most

important urban centers of the city: Piazza Verdi, the famous Teatro

Massimo, where starts the Via Ruggero Settimo, commercial and

social heart of Palermo; and the historic market Vucciria (extended

from Piazza San Domenico to Corso Vittorio Emanuele).

The property is at about 2 km from the railway station of Palermo, 9

km from the motorway A19 Palermo / Messina / Catania, 5 km

from the Highway A29 Palermo / Trapani, 30 km from Trieste

"Falcone-Borsellino airport and 1 km from the port of Palermo .

* DATI SINTETICI /

SUMMARY NUMERO / NUMBER

Piani / Floors 8

Bar / Bar 1

Ristorante / Restaurant 1

Sala meeting-Congressi2

Meeting Room

Terrazza / Terrace 1

TIPOLOGIA

CAMERE /NUMERO /

MQ / SQM

ROOM TYPE NUMBER

Single 8

Double 143

Deluxe 22

Junior Suite 1

Suite 5

TOTALE / TOTAL 179 15.258

* Dati rilasciati dalla

Proprietà, in corso di

verifica

* Data supplied by the

Owner, not yet validated

3

CB

www.cbcommercial.it PRIVATE AND CONFIDENTIAL Questa Brochure, proprietà esclusiva della nostra società, non deve essere

oggetto di divulgazione né duplicazione.

Realty Advisory S.p.A. - advisoryamtrespa@cbcommercial.itRome - Via Sardegna n. 50 I Milan – Via Carlo Porta n. 1 I ITALY

Ph. (+39) 06 39740456 - Ph. (+39) 02 89919232 – Fax (+39) 06 83700463

HOSPITALITY PORTFOLIO AMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A 14-056 2. Palermo Grand Hotel et Des Palmes

The hotel spreads over 7 floors plus the basement, with a potential

capacity of 178 rooms (standard rooms and suites). The Meeting

Rooms can accommodate up to a maximum of 310 people. The

total gross area of the property is 15.258 sqm.

4

CB

www.cbcommercial.it PRIVATE AND CONFIDENTIAL Questa Brochure, proprietà esclusiva della nostra società, non deve essere

oggetto di divulgazione né duplicazione.

Realty Advisory S.p.A. - advisoryamtrespa@cbcommercial.itRome - Via Sardegna n. 50 I Milan – Via Carlo Porta n. 1 I ITALY

Ph. (+39) 06 39740456 - Ph. (+39) 02 89919232 – Fax (+39) 06 83700463

HOSPITALITY PORTFOLIO AMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A 14-056 2. Palermo Grand Hotel et Des Palmes

5

CB

www.cbcommercial.it PRIVATE AND CONFIDENTIAL Questa Brochure, proprietà esclusiva della nostra società, non deve essere

oggetto di divulgazione né duplicazione.

Realty Advisory S.p.A. - advisoryamtrespa@cbcommercial.itRome - Via Sardegna n. 50 I Milan – Via Carlo Porta n. 1 I ITALY

Ph. (+39) 06 39740456 - Ph. (+39) 02 89919232 – Fax (+39) 06 83700463

HOSPITALITY PORTFOLIO AMT Real Estate S.p.A. e Acqua Marcia Turismo S.p.A 14-056 COMPANIES PRESENTATIONS AND DISCLAIMER

In coordination with the Technical Advisor

REVALO’s mission is property service: maintaining and enhancing the value of customers’ properties. An active and integrated management of all administrative,

technical and commercial aspects, a unique competence and experience safely protect the value of REVALO’s real estate portfolios.

The added value that REVALO can offer to support real estate development strategies is based on in-depth and up-to-date knowledge of individual properties and their

tenants, and on the promptness and reliability of reporting to proprietors, a valuable factor in any decision-making.

Realty Advisory S.p.A. represents the leading Coldwell Banker Commercial brand in Italy and with its corporate structure is one of the most dynamic real estate advisory

and brokerage firm in the Italian scenario. It provides realty valuation, brokerage and advisory services. CBC relies on specialists with more than twenty years of

experience and with full knowledge of the Italian real estate dynamics. Through an ongoing updating and training, CBC and its professionals are able to foresee the

market evolutions, identify new solutions and grant new opportunities. Competence, professionalism and innovation are the core values that guide the company. CBC

deals with IMCOs, banks, insurance companies, hotel groups, corporate and private investors. Offering dedicated services, it guarantees complete confidentiality to

investors for all operations. Being part of an important network, the company is able to offer to its clients a wide range of high quality properties. CBC guides in the

purchase, sale or lease of assets, providing full assistance in the sectors of Hospitality, Capital Markets, Retail, Small Business, Office, Multi-Family, Construction Sites

and Corporate. All offered services are characterized by attention to details and problem solving, even in the most difficult and critical situations.

This Information Memorandum is circularized on a restricted basis and confidential for the exclusive use of potential purchasers of the property described herein and

constitute a solicitation of expressions of interest and therefore did not constitute an offer. The information contained in this Information Memorandum has been

prepared by Coldwell Banker Commercial S.p.A. on the basis of information supplied by the property. None of the information contained in this Information Memorandum

has been checked independently or jointly by the Properties or by Coldwell Banker Commercial S.p.A. No liability of any kind has been or will be accepted for any reason

and no representation or warranty or assumption of obligation, express or implied has been or will be made by the owners, by Coldwell Banker Commercial S.p.A., with

respect to the information, projections, opinions or data contained in this document or provided to prospective purchasers or their advisors through any means or any

error, omission, inaccuracy in the statements. Neither the properties nor Coldwell Banker Commercial S.p.A. makes, or has been authorized to make, any representation

or warranty (express or implied) in relation to the sale of the property or as to the veracity, accuracy or completeness of this Information Memorandum or any other

written or oral statement contained herein or in any other document. Finally, the properties disclaims any express or implied liability with regard to the use of the

information and data contained in this Information Memorandum and any other oral or written communications received by potential buyers, their affiliates, parent

companies, subsidiaries or affiliates, directors, auditors, employees, legal and financial advisors, financial institutions, during the evaluation process of their interests in

the Transaction ..

By accepting delivery of this Information Sheet each subject, with respect to itself and to its representatives and consultants: agree to use it, as well as the information

contained here, just for the assessment of the Transaction and decide whether to confirm or decline the interest in it; agrees to maintain in strict confidence the

information contained herein, agree not to reproduce or distribute this Information Memorandum or any part of it to unauthorized persons without the prior written

consent of Coldwell Banker Commercial S.p.A.; and should not be considered as part of any offer for sale or recommendation of the Property or of Coldwell Banker

Commercial S.p.A. or any of their respective affiliates or any other person in relation to the Transaction.

DISCLAIMER

6