Portugal Liquid Opportunities slide image

Portugal Liquid Opportunities

4 Oxy Capital has extensive experience in implementing value-add initiatives in real estate and touristic assets in Portugal Asset Description Rating¹ Sales² (€mln) EBITDA² (€mln) 1. 2. blue & green Tróia DESIGN HOTEL 5-star hotel located in Tróia acquired in jun/2014 M ***** MARRIOTT RESORT PRAIA D'EL REY 5-star hotel located in Óbidos acquired in jun/2014 8 QUINTA DAS LÁGRIMAS SINCE 1326 5-star hotel located in Coimbra acquired in dec/2014 blue & green Läke SPA RESORT 5-star hotel located in Vilamoura acquired in Jun/2014, sold in 2020 Divested Main Initiatives Developed group/events segment seeking usage of the facilities of the hotel in the low season 10 6 8.6 9.0 17 Extensive refurbishment Development of a rental pool and F&B outlets 7 8.8 9.2 0 0 2 4 5 1 Hotel refurbishment 3 enabled its repositioning 1 8.3 9.0 as the only 5-star hotel in Coimbra 12 5 Untap unexplored target segments such as golf Professionalization of yield management 7 9.0 9.2 2 blue&green Vilalara THALASSA RESORT Portfolio 5-star hotel located in Algarve acquired in Jun/14 and sold in Oct/21 Divested Oxy Capital also manages 2 golf course and 2 greenfield projects for the development of 5-star resorts 11 4 Construction of several apartments (for rental) Extensive Hotel revamp 6 1 8.9 9.4 2014 20221 55 16 Identification of reposi- tioning/improvement opportunities Strong focus on quality and customer experience Constant monitoring of quality indicators 29 5 Pre Oxy Post Oxy Pre Oxy Post Oxy Rating from booking.com (reference date 31/12/2022, except for divested assets). Pre-COVID 19 figures. Aggregate EBITDA exceeded break-even in 2020 and 2021. 10
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