REG - PPHE Hotel Grp Ltd - FTSE EPRA Nareit Global Developed Index Inclusion

PPHE HotelAnnouncement

09/12/2024 07:00

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RNS Number : 2322P  PPHE Hotel Group Limited  09 December 2024

9 December 2024

 

PPHE Hotel Group Limited

("PPHE" or the "Group")

 

PPHE to join the FTSE EPRA Nareit Global Developed Index

 

PPHE Hotel Group, an international hospitality real estate company that
develops, owns, and operates hotels and resorts, is pleased to announce its
inclusion in the FTSE EPRA Nareit Global Real Estate Index Series. The
inclusion will be effective from the start of trading on 23 December 2024.

 

The index series  (1) , developed by the FTSE Group in collaboration with the
European Public Real Estate Association (EPRA) and the National Association of
Real Estate Investment Trusts (NAREIT), is the leading benchmark for listed
real estate investments. It is designed to track the performance of listed
real estate companies and REITs worldwide, to promote, develop, and represent
the European public real estate sector.

 

Daniel Kos, Chief Financial Officer, of PPHE Hotel Group said:

 

"Joining the FTSE EPRA Nareit Index is a significant milestone for PPHE,
providing a strong platform for continued growth by enhancing our visibility,
liquidity and profile in the capital markets and enabling us to reach a
broader pool of institutional investors. We would like to thank our teams for
their dedication in consistently delivering against our strategic objectives,
as well as the continued support of our shareholders."

 

 1  More information is available from the FTSE EPRA NAREIT website at
https://www.lseg.com/en/ftse-russell/indices/epra-nareit
(https://www.lseg.com/en/ftse-russell/indices/epra-nareit)

- Ends -

 

Enquiries:

 

 PPHE Hotel Group Limited                                      Tel: +31 (0)20 717 8600
 Daniel Kos, Chief Financial Officer & Executive Director
 Robert Henke, Executive Vice President of Commercial Affairs
 Hudson Sandler                                                Tel: +44 (0)20 7796 4133
 Wendy Baker / Lucy Wollam / India Laidlaw                     pphe@hudsonsandler.com (mailto:pphe@hudsonsandler.com)

 

 

NOTES TO EDITORS:

 

 

About PPHE Hotel Group

 

PPHE Hotel Group is an international hospitality real estate company, with a
£2.2 billion portfolio, valued as at December 2023 by Savills and Zagreb
nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets
in Europe.

 

Through its subsidiaries, jointly controlled entities and associates it owns,
co-owns, develops, leases, operates and franchises hospitality real estate.
Its portfolio includes full-service upscale, upper upscale and lifestyle
hotels in major gateway cities and regional centres, as well as hotel, resort
and campsite properties in select resort destinations. The Group's strategy is
to grow its portfolio of core upper upscale city centre hotels, leisure and
outdoor hospitality and hospitality management platform.

 

PPHE Hotel Group benefits from having an exclusive and perpetual licence from
the Radisson Hotel Group, one of the world's largest hotel groups, to develop
and operate Park Plaza® branded hotels and resorts in Europe, the Middle East
and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the
art'otel® brand and its Croatian subsidiary owns, and operates under, the
Arena Hotels & Apartments® and Arena Campsites® brands.

 

PPHE Hotel Group is a Guernsey registered company with shares listed on the
London Stock Exchange. PPHE Hotel Group also holds a controlling ownership
interest in Arena Hospitality Group, whose shares are listed on the Prime
market of the Zagreb Stock Exchange.

 

Company websites: www.pphe.com (http://www.pphe.com/)
 | www.arenahospitalitygroup.com (http://www.arenahospitalitygroup.com/)

 

For reservations:

www.parkplaza.com (http://www.parkplaza.com/)  | www.artotel.com
(http://www.artotel.com/)  | www.arenahotels.com
(http://www.arenahotels.com/)  | www.arenacampsites.com
(http://www.arenacampsites.com/) |

www.radissonhotels.com (http://www.radissonhotels.com)

 

 

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