1st of March 2013, Berlin – The Hotel from the brand Holiday Inn on the Hotel + Office Campus Berlin
has already found a purchaser just shortly after the beginning of construction. It is being built directly at
the O2-Arena by the property owner and project developer STRAUSS & CO. Development GmbH.
The operator of the Holiday Inn, which will possess a GFA of 7,879 m2 over 8 floors and 217 rooms, is
Tristar Hotel & Management GmbH, a franchisee of the Intercontinental Hotel Group.

Construction work has already begun. Completion and opening are planned for the 2nd quarter of 2014.
The buyer is a German pension fund, das Versorgungswerk der Landesärztekammer Hessen.

Mr Enzinger and Mr Koerber, CEOs of Tristar Hotel & Management GmbH, are satisfied with the deal.
“This”, said Enzinger, “we see as a prelude to further successful cooperation with IHG at other locations
in Germany, too.”

Mr Berger, the Managing Director of STRAUSS & CO. Development was also pleased: “The professional
handling of all those involved led to a quick and successful transaction.”

All parties have agreed not to disclose the details of the transaction, including the purchase price.

Colliers Hotel GmbH brokered the transaction.