Historical Manor Hotel
Muhu Island, Estonia

Serviced Apartment Conversions
Moscow, Russia

Luxury Hotel and Spa Resort
Lago Maggiore, Italy

Hotel Branded Residence Units
Moscow, Russia

Spa Mini-Hotel Development
Kislovodsk, Russia

Elite Chalet Development
Megève France

Yacht Club and Residential Complex
Victoria, Seychelles

Elite Residential Complex
Cannes, France

Morakot Private Island Resort
Spa, Conference Hotel Development Krapinske
Purchase of Elite Apartment
Sale of Ski Hotel Resort Schladming
Business Centre Sale
Upscale Hotel Development
19th Century Residential Building
Luxury Hotel & Casino Beach Resort
Development of 2 Economy Hotels
Morakot Private Island Resort
Elite Ski-Chalet Development
Golden Gate Mixed-Use Complex
Land Sale
Hotel Conversion of Retail Centre
Marximum Business Park
2.7 Ha. Mixed-Use Master-Plan
Mixed-Use Business Centre, hotel
Gornaya Karousel Ski-Resort
Hotel, Residential and Marina Resort
Residential Purchase
Caspian Sea Beach Resort
Elite Ski-Chalet Development
Hotel Conversion
Hotel and Residential Development
Theme Park Development
Holiday Village Development
Elite Spa Hotel Residences
Landmark Business Hotel
Petrovka Loft Limited Service Hotel
Hyatt Golden Horne
Hyatt Cape Burniy
Spa Hotel Plaza
our portfolio
Office to Hotel Conversion
Neviansk, Russian Federation. December 2018-March 2019

Services Rendered:
✓ Tourism Research—Sverdlovsk Region
✓ Hotel Market Analysis —Nevyansk, Nizhny Tagil and Ekaterinburg
✓ Hotel Conversion Concept
✓ Hotel Conversion Floor Plans
✓ Conversion Cost Estimation
✓ Hotel Trading Financial Forecast
✓ Cash Flow Projections
✓ Financial Performance Indicators
Facilities Mix:
✱ 44 Guestrooms
✱ All-day Restaurant and Bar
✱ Meeting Area
✱ Staff and Technical Areas
✱ Surface Parking
Luxury Business Hotel
Moscow, Russian Federation. September-December, 2018

Services Rendered:
✓ Market Research–Hotels
✓ Market Research–Extended Stay Units
✓ Market Research–Private Rental
✓ Competitive Analysis
✓ Demand Analysis for Extended Stay
✓ Extended Stay Yield Simulations
✓ Staff Cost Rationalisation
✓ Asset Management Advisory
Facilities Mix:
✱ 34-Floor Cylindrical Tower
✱ 324 Businesss-Equippped Guestrooms
✱ 3 Restaurants, 3 Bars
✱ Meeting and BanquetZone
✱ Spa and Wellness Centre
Historical Manor Hotel
Muhu Island, Estonia. September 2017-June, 2018

Services Rendered:
✓ Regional Tourism Market Research
✓ Business Valuation
✓ Legal and Commercial Due-Diligence
✓ Preparation of Teaser
✓ Preparation of Information Memorandum
✓ Hotel Brokerage
Facilities Mix:
✱ 17th-19th century Historic Manor Hotel
✱ 24 Fully Appointed Luxury Guestrooms
✱ 2 Restaurants, 2 Bars
✱ Meeting Zone for Small Groups
✱ 7 hectares landscaped territory
✱ Spa House
✱ Private Farmhouse
Luxury Hotel Spa Development
Vladivostok, Russian Federation. June-July, 2017

Services Rendered:
✓ Local Market Analysis
✓ Trading Asset/Business Valuation
✓ Hotel Trading Projections (P&L Forecast)
✓ Cash Flow Financial Projections
✓ Preparation of Pitches/Teaser
✓ Preparation of Information Memorandum
✓ Asset Yield Analysis
Facilities Mix:
✱ 218 Guestrooms
✱ 3 Restaurants, 3 Bars
✱ Meeting Zone
✱ Meeting Zone
✱ Spa Area
✱ Indoor Pool
✱ Fitness and Wellness Centre
✱ Underground Parking
✱ Walkway on Seafront
Serviced Apartment Conversions
Moscow, Russian Federation. January-February, 2017

Services Rendered:
✓ Market Survey—USA
✓ Market Apartment Survey —Asia
✓ Market Survey—Europe
✓ Market Survey—Middle East
✓ Business Model and Algorithm
✓ Conversion Model and Algorithm
✓ Pricing Analysis
✓ Conversion Cost Analysis
✓ Asset Yield Analysis
Facilities Mix:
✱ 44 Utility Buildings
Luxury Hotel and Spa Resort
Lago Maggiore, Italy. October-November, 2016.

Services Rendered:
✓ Market Study—Lake Maggiore
✓ Site Analysis
✓ Hotel Concept Analysis
✓ Concept Recommendations
✓ Profit and Loss Projections
✓ Cash Flow Projections
✓ Detailed Staff Plan
✓ Financial Indicator Analysis
Facilities Mix:
✱ 150 Guestrooms
✱ 2 Restaurants, 3 Bars
✱ Meeting Zone, Spa Area
✱ Private Beach
Hotel Branded Residence Units
Moscow, Russian Federation. July-September, 2016.

Deliverables:
Full Encompassing Market Survey on luxury hotel branded residence units including the following:
✓ Definition and Description
✓ Facilities Mix Analysis
✓ Planning & Design Specifications
✓ Market Survey–China
✓ Market Survey—USA
✓ Market Survey–Russia
✓ Case Study—London, UK
✓ Pricing and Marketing Strategy
✓ Operating Costs Structure
✓ Business Model/Operator Fees
✓ Legal Considerations
Spa Mini-Hotel Development
Kislovodsk, Russian Federation. May-August, 2016.

Services Rendered:
✓ Hotel and Spa Resort Analysis
✓ Site Analysis
✓ Completion of Concept
✓ Profit & Loss Projections
✓ Cash Flow Projections
Facilities Mix:
✱ Existing Building (12 Guestrooms)
✱ Restaurant and Bar Pavilion
✱ Spa Pavilion
✱ Back-of-House/Service Areas
Elite Chalet Development
Megève, France. June-December, 2015

Services Rendered:
✓ Legal Due-Diligence
✓ Commercial Due-Diligence
✓ Site Analysis
✓ Local Market Analysis
✓ Pricing Analysis
Facilities Mix:
✱ 850 sq. m. Elite Chalet
✱ Vacant Land Plot for Construction
Yacht Club and Residential Complex
Victoria, Seychelles. October, 2015

Services Rendered:
✓ Legal Due-Diligence
✓ Technical Due-Diligence
✓ Commercial Due-Diligence
Facilities Mix:
✱ 13,200 sq. m. Yacht Club GBA
✱ 41 Berths for medium-size yachts
✱ Elite apartments
✱ Retail Shops
Elite Residential Complex
Cannes, France. June, 2015.

Services Rendered:
✓ Legal Due-Diligence
✓ Residential Market Analysis
✓ Commercial Due-Diligence of Vendor Pricing and Profitability
Facilities Mix:
✱ 8,500 sq. m. Land Plot
✱ 2.025 sq. m. Residential GBA
✱ Basement Parking
✱ Landscaped Gardens
Morakot Private Island Resort
Sihanoukville, Cambodia. May, 2015.

Services Rendered:
✓ Investment Memorandum Update
✓ Local Residential Analysis Update
✓ Local Tourism Market Update
✓ Financial Projections Update
✓ Casino Financial Projections
✓ Full Cash Flow Analysis
Facilities Mix:
✱ 5 Hotels (1,050 rooms)
✱ 380 Villas/Bungalows
✱ 198 Marina Apartments
✱ Restaurant, Bars
✱ Spa Complex
✱ Casino
✱ Yacht Marina
Spa, Conference Hotel Development Krapinske
Toplice, Croatia, Cambodia. January-May, 2015.

Services Rendered:
✓ Hotel Market Analysist
✓ Site Analysis
✓ Slovenian spa Market Analysis
✓ Croatian Market Spa Analysis
✓ Competitive Analysis
✓ Hotel Concept Definition
✓ Estimation of Construction Costs
✓ Financial Projections
✓ Cash Flow Analysis
Facilities Mix:
✱ 150 Room Hotel
✱ Spa-Medical Centre
✱ Conference Centre
✱ Restaurants and Bars
Purchase of Elite Apartment
Cannes, France. December, 2014 – February 2015.

Services Rendered:
✓ Legal Due-Diligence
✓ Technical Due-Diligence
✓ Correspondence and Coordination on conditions of acquisition and implementation of physical merging of two adjacent apartments.
Facilities Mix:
✱ Two elite apartments with a GBA of 200 sq. m. and large open balconies.
Sale of Ski Hotel Resort Schladming
Styria, Austria. December, 2014.
Services Rendered:
✓ Legal Due-Diligence
✓ Audit of the Vendor’s Financial Projection’s Model
✓ Audit of the Object’s Commercial Profitability
Facilities Mix:
✱ 107-Room Hotel
✱ Restaurants, Bars
✱ Health Centre
✱ Winter Sports Equipment Rental
✱ Basement Parking
Business Centre Sale
Prague, Czech Republic. November 2014-February 2015.

Services Rendered:
✓ Legal Due-Diligence
✓ Object Inspection
✓ Analysis of Sales Conditions
✓ Audit of the Vendor’s Financial Model
Facilities Mix:
✱ 2 000 sq. m. GLA (Office & Street Retail)
✱ 17 Parking Spaces
Upscale Hotel Development
Nizhniy Novgorod, Russia. October-December, 2014.

Services Rendered:
✓ Hotel Market Analysis
✓ Site Analysis
✓ Competitive Analysis
✓ Concept Definition
✓ Financial Projections
✓ Cash Flow Analysis
Facilities Mix:
✱ 150-room Hotel
✱ Restaurants, bars
✱ Conference Centre
✱ Health Club
✱ Underground and Surface Parking
19th Century Residential Building
Prague, Czech Republic. September 2014 – February 2015.

Services Rendered:
✓ Hotel Market Analysis
✓ Residential Market Analysis
✓ Legal Due-diligence
✓ Analysis of the Financing Scheme
✓ Audit of the Financial Model
✓ Highest and Best Use Recommendations
Facilities Mix:
✱ 46-Room Hotel Concept
✱ Elite Residential Concept
✱ Restaurant
✱ Private Club
Luxury Hotel & Casino Beach Resort
Ureki Beach, Georgia. Аugust-September, 2014.

Services Rendered:
✓ Creation of a financial projection model for determining the commercial feasibility of a luxury beach resort with casino.
Facilities Mix:
✱ 170-room hotel
✱ 30 independent cottages
✱ Restaurants, bars
✱ Spa and Wellness Centre
✱ Conference Centre
✱ Private Beach
✱ Casino
Development of 2 Economy Hotels
2 Locations in Moscow, Russia. July-October, 2014.

Services Rendered:
✓ Hotel Market Analysis
✓ Site Analysis of 2 Land Plots
✓ Competitive Analysis
✓ P&L Financial Projections
✓ Cash Flow Analysis
✓ Debt Coverage Simulation
Facilities Mix:
✱ 626-room hotel
✱ 362-room hote
Morakot Private Island Resort
Sihanoukville, Cambodia. July-October, 2014.

Services Rendered:
✓ Investment Memorandum
✓ Local Residential Analysis
✓ Local Tourism Market Analysis
✓ Competitive Analysis
✓ Financial Projections
✓ Cash Flow Analysis
Facilities Mix:
✱ 5 Hotels (1,050 rooms)
✱ 380 Villas/Bungalows
✱ 198 Marina Apartments
✱ Restaurant, Bars
✱ Spa Complex
✱ Casino
✱ Yacht Marina
Elite Ski-Chalet Development
Courchevel, France. December, 2013 — March, 2014.
Services Rendered:
✓ Desktop Market Research
✓ Legal Due Diligence
✓ Negotiation of Lease Terms
Facilities Mix:
✱ 550 sq. m. luxury chalet
Golden Gate Mixed-Use Complex
Moscow, Russia. November-December, 2013.
Services Rendered:
✓ Office Market Research
✓ Hotel Market Research
✓ Site Analysis
✓ Business Valuation
✓ Cost & Return Analysis
✓ Debt Coverage Simulation
Facilities Mix:
✱ 18.960 sq. m. Office GLA
✱ 1,0 35 sq. m. Ancillary Retail
✱ 168-room Hotel (10,087 sq. m.)
✱ Ancillary Areas (1.781 sq. m.)
✱ 263 parking units (10 310 sq. m.)
0,4 ha. Land Sale
Baden-Baden, Germany. September-December, 2013.

Services Rendered:
✓ Legal Due-Diligence
✓ Local Market Research
✓ Site Analysis
✓ Highest-and-Best Use Analysis
✓ Redevelopment Options
✓ Cost and Return Analysis
Facilities Mix:
✱ 6.200 sq. m . Land plot
✱ 4.080 sq. m. Admin.. Building
Hotel Conversion of Retail Centre
Surgut, Russia. July, 2013.

Services Rendered:
✓ Market Analysis
✓ Site Analysis
✓ Hotel Conversion Concept
✓ Financial Projections
✓ Cash Flow Analysis
Facilities Mix:
✱ 5.500 sq. m. Shopping center
✱ 126-Guestrooms (3.854 sq. m.)
✱ 2 F&B Outlets (250 sq. m.)
✱ 342 sq. m. meeting area
✱ 265 sq. m. spa fitness area
✱ 400 sq. m. public area
Marximum Business Park
Vienna, Austria. June-July, 2013.
Services Rendered:
✓ Local Office Market Analysis
✓ Competitive Analysis
✓ Site Analysis
✓ Property Description
✓ Legal and Statutory
✓ Market Value Valuation
Facilities Mix:
✱ 40 326 sq. m. office space
✱ 1.766 sq. m. in storage space
✱ 359 parking spaces
Ha. KIMA Mixed-Use Master-Plan
St. Petersburg, Russia. April-November, 2013.
Services Rendered:
✓ Hotel Market Research
✓ Residential/Office Research
✓ Site Analysis
✓ Territorial Master Plan
✓ Cost /Return Projections
✓ Operator Search and Selection
Facilities Mix:
✱ 172-Room Hotel (3.692 sq. m.)
✱ 527 Apartments (22.550 sq. m.)
✱ Business Centre (13 850 sq. m.)
✱ Fitness Centre (1,400 sq. m.)
✱ Restaurant (634 sq. m.)
✱ 295 Parking Spaces
Mixed-Use Business Centre, hotel
Moscow Suburbs, Russia. March, 2013.
Services Rendered:
✓ Competitive Analysis
✓ Site Analysis
✓ Property Description
✓ Business Valuation
Facilities Mix:
✱ 220,000 sq. m. Total Area
✱ 109.000 sq. m. Office GLA
✱ 3.262 parking spaces
✱ 90-Room private hotel
✱ Indoor Skating rink
✱ Fitness/Spa Centre
Gornaya Karousel Ski-Resort
Krasnaya Polyana/Sochi, Russia. November, 2012 — March, 2013.
Services Rendered:
✓ Bespoke Modelling
✓ Financial Projections
✓ Quarterly Projections on 5 Years
✓ Detailed Staff Plans
✓ Recruitment of Technical Teams
Facilities Mix:
✱ 9 Hotels (1,625 rooms)
✱ Duplex Apartments
✱ Restaurant, Bars
✱ Spa Complex
✱ Convention Centre
✱ Press-Room Centre
Hotel, Residential and Marina Resort
Uglian Island, Zadar, Croatia. September, 2012.

Services Rendered:
✓ Desktop Market Research
✓ Legal Due Diligence
Facilities Mix:
✱ 2 Hotels (400 rooms)
✱ Private Holiday * Apartments
✱ Marina
✱ Yacht Berths
✱ Ancillary Retail Units
Residential Purchase
Udine, Italy. June-July, 2012.
50 ha. Beach Resort Master Plan
Caspian Sea Coast, Azerbaijan. April-June, 2012.

Services Rendered:
✓ Residential Market Research
✓ Site Analysis
✓ Legal Due Diligence
Facilities Mix:
✱ 540 sq. m. Ski-Chalet
Elite Ski-Chalet Development
Courchevel, France. February-December, 2012.
Services Rendered:
✓ Hotel Market Research
✓ Elite Residential Analysis
✓ Site Analysis
✓ Territorial Master Plan
✓ Cost Estimations
✓ Financial Projections
✓ Cash Flow Analysis
Facilities Mix:
✱ Luxury Beach Hotel/180 Rooms
✱ Restaurants, Bars, Cafes
✱ Conference Areas
✱ Spa Wellness Areas
✱ Private Villas
✱ Beach Infrastructure
Hotel Conversion
Moscow, Russia. July-August, 2012.

Services Rendered:
✓ Concept Definition
✓ Architect Consulting
✓ Market Study
✓ Financial Projections/Simulations
✓ Investment Presentation
Facilities Mix:
✱ 59 Guestrooms
✱ Duplex Apartments
✱ Restaurants
✱ Panorama Bar
✱ Public Areas
✱ Service/Technical Areas
Hotel and Residential Development
Sochi, Russia. January, 2012.
Services Rendered:
✓ Market Study
✓ Site Analysis
✓ Highest and Best Use Analysis
✓ Financial Projections/Simulations
✓ Client Presentation
Facilities Mix:
✱ 40 Guestrooms/Apartment Units
✱ Restaurant
✱ Spa Centre/Roof Swimming Pool
✱ Basement Parking
✱ Staff Areas
Theme Park Development
Yaroslavl Region, Russia. January—June, 2012.

Services Rendered:
✓ Theme Park Market Research
✓ Regional Tourism Market Analysis
✓ Site Analysis
✓ Territorial Master Plan
✓ Cost Estimations
✓ P&L/Cash Flow Projection
Facilities Mix:
✱ Bungalow Complex
✱ Aqua Park
✱ Restaurants and Bars
✱ Indoor/Outdoor Recreation
✱ Activity Planning
60 ha. Holiday Village Development
Near Budva, Montenegro. June—August, 2011.
Services Rendered:
✓ Hotel/Residential Market Analysis
✓ Site Analysis
✓ Territorial Master Plan
✓ Cost/Return Analysis, Simulations
Facilities Mix:
✱ 178 Rooms
✱ Restaurants, Bars, Cafes
✱ Conference Areas
✱ Spa Wellness Areas
✱ Private Villas, Holiday Apartments
Elite Spa Hotel Residences
Baden-Baden, Germany. April, 2011.
Services Rendered:
✓ Legal/Investment Due-Diligence
✓ Financial Projections
✓ Cash Flow Analysis
✓ Scenario Simulations
Facilities Mix:
✱ 40 Guestrooms
✱ Public Area
✱ Cafe/Bar
✱ Underground Parking
Landmark Business Hotel
Baku, Azerbaijan. March-April, 2011.
Services Rendered:
✓ Market Study
✓ Site Analysis
✓ Property Description
✓ RICS/IVS Business Valuation
Facilities Mix:
✱ 102 Guestrooms
✱ Spa Centre
✱ Restaurants-Bars
✱ Conference Centre
Petrovka Loft Limited Service Hotel
Moscow, Russia. January-February, 2011.
Services Rendered:
✓ Market Study
✓ Feasibility Study
✓ Business Plan
✓ Cost Due Diligence
Facilities Mix:
✱ 64 Guestrooms
✱ Reception Area
✱ Cocktail Lounge
Hyatt Golden Horne (Opening 2013)
Vladivostok, Russia. July-August, 2010.
Services Rendered:
✓ Site Analysis
✓ Property Description
✓ Feasibility Study,
✓ Scenario Simulations
✓ Sensitivity Analysis
Facilities Mix:
✱ 217 Guestrooms
✱ Luxury Suites
✱ Sports Centre
✱ Restaurants-Bars
✱ Conference Centre
✱ Yacht Marina
Hyatt Cape Burniy (opening 2013)
Vladivostok, Russia. July-August, 2010.
Services Rendered:
✓ Market Study
✓ Site Analysis
✓ Property Description
✓ Feasibility Study,
✓ Sensitivity Analysis
Facilities Mix:
✱ 250 Rooms
✱ Restaurants-Bars
✱ Conference Centre
✱ Spa Centre
Hotel Aquamarine
Moscow, Russia. June-July, 2010.
Services Rendered:
✓ Market Study
✓ Site Analysis
✓ Property Description
✓ RICS/IVS Business Valuation
Facilities Mix:
✱ 159 Guestrooms
✱ Function Rooms
✱ Restaurant
✱ Lobby Bar
✱ Fitness Centre
Spa Hotel Plaza
Kislovodsk, Russia. June-July, 2010.
Services Rendered:
✓ Market Study
✓ Site Analysis
✓ Property Description
✓ RICS/IVS Business Valuation
Facilities Mix:
✱ 275 Guestrooms
✱ Medical Facilities
✱ Spa Facilities
✱ Entertainment Area
✱ Restaurant, Bars
✱ Function Rooms