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[BUSINESS] · Austria, Germany · 2 sources

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EPH Group AG secures building permit for Lake Tegernsee hotel

Vienna-based real estate developer EPH Group AG has received a building permit for an exclusive boutique design hotel at Lake Tegernsee in Bavaria, Germany. The approximately 4,500-square-metre site is situated in an elevated location intended to offer panoramic views of the lake. The project is designed as a premium resort for guests seeking individuality and tranquility, and it is expected to be managed by an international hotel operator.

To fund the development and further expand its portfolio of luxury hotel and resort properties across Europe, EPH Group AG has launched a subscription period for a new secured corporate bond (2026/2033). The bond has a total issue volume of up to EUR 50 million, a seven-year term, and offers a 10 percent annual interest rate with monthly payments. The subscription period runs from October 28 to November 25, 2026, with trading on the Vienna Stock Exchange expected to begin on December 1, 2026.

Entities

BaFin · EPH Group AG · Lake Tegernsee · Luxembourg financial supervisory authority · Vienna Stock Exchange