EXPERIANCE
- Orion Securities – Corporate Finance Associate
- Orion Securities – Financial Analyst Investment Banking
- Roland George Investment Program – Security Analyst
EDUCATION
- Stetson University – Bachelor of Finance and Business Administration
Krakow Airport Hotel
Information
FUND TYPE
Closed-end
INVESTOR TYPE
For informed investors only
STRATEGY
Development and operation of airport hotel
ASSET
Krakow Airport Hotel
OPENED
2022 Q2
FUND START DATE
2019 04 30
FUND TERM
5 + 3
About fund
Fund manages a brand new economy hotel (3*) close to John Paul II Krakow Airport
Hotel:
- Distance from airport terminal: 500 m.
- Brand: „Hampton by Hilton“
- Initial project leverage (LTC): 65%
Polish tourism sector:
In the recent years, Poland’s hotel market has shown continuous overall growth leaving behind some of major European tourist destinations.
The main drivers of growing Polish tourism: economic growth, increased internal travel, growing interest in Polish cultural heritage and MICE tourism.
While Poland is currently becoming one of the largest business centers in Europe, Krakow on its own has attracted many large international corporations (Shell, Johnson&Johnson and others) which is not only creating jobs, but also encourages a creation of large business centers and business travelling.
Krakow airport passenger flow has grown at a 17% average annual growth rate in 2015-2019, and in 2019 the total number of passengers reached 8.4 million.
Hotel real estate attracts substantial attention from foreign investors due to higher investment returns and resilience shown by Poland during an economic crisis.
Team
Laurynas Antropikas
Fund Manager | Airport Hotels Fund
Lukas Mielinis
Investment Associate | Hotels Fund
EXPERIENCE
INVL Asset Management – Financial analyst
SB Asset Management – Analyst
EDUCATION
- ISM University of Management and Economics – Bachelor, Finance
Documents
Important information
Before making an investment decision, it is advisable to not only think carefully about your investment objectives, but also the risks, fees and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all of the amount invested. Historical returns do not guarantee future results. The Fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that focus on a single country or sector, or funds that invest in smaller companies, may experience higher value fluctuations or face liquidity challenges. Investing in emerging markets, real estate, currencies, fixed income instruments or alternative investments carries additional risks. Due to the specifics of some funds, higher capital gains payouts are possible than in other investments. You will find more detailed information on risks in the Fund’s prospectus and rules.
For more information related to the fund, please call +370 621 72826 or e-mail info@1am.lt. Please read the prospectus and other documents related to the fund carefully before investing.
Detailed information about the fund and the management company is provided when logging in to the client area.
Before making an investment decision, it is advisable to not only think carefully about your investment objectives, but also the risks, fees and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all of the amount invested. Historical returns do not guarantee future results. The Fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that focus on a single country or sector, or funds that invest in smaller companies, may experience higher value fluctuations or face liquidity challenges. Investing in emerging markets, real estate, currencies, fixed income instruments or alternative investments carries additional risks. Due to the specifics of some funds, higher capital gains payouts are possible than in other investments. More detailed information on risks can be found in the Fund’s prospectus and rules. Detailed information on the fund and the management company is provided when logging in to the client area.
