PPH.L

PPHE Hotel Group Ltd.
PPHE Hotel Grp Ltd - FTSE EPRA Nareit Global Developed Index Inclusion
9th December 2024, 07:00
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RNS Number : 2322P
PPHE Hotel Group Limited
09 December 2024
 

A logo of a hotel Description automatically generated

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


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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

 

 

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 | www.arenahospitalitygroup.com

 

For reservations:

www.parkplaza.com | www.artotel.com | www.arenahotels.com | www.arenacampsites.com |

www.radissonhotels.com 

 

 

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