EPH Group AG Secures Building Permit for Lake Tegernsee Boutique Hotel

EPH Group AG, based in Vienna, has obtained a building permit for a high-end boutique hotel overlooking Lake Tegernsee, Bavaria. The 4,500-square-metre property aims to offer luxury accommodation with breathtaking views, targeting guests who seek tranquility and exclusivity. A deal with a renowned hotel operator is anticipated.

The funds for this development are partly sourced from a newly launched EUR 50 million corporate bond, featuring a 10% annual interest rate and secured by shares in EPH subsidiaries. The bond is intended to support the hotel project financially. Subscriptions for the bond run from 28 October to 25 November 2026, with trading commencing 1 December 2026 at the Vienna Stock Exchange.

This milestone follows a conditional agreement made in February 2026, reliant on the granting of the building permit. With this requirement fulfilled, EPH Group AG expects to swiftly finalize the purchase agreement, allowing construction to begin without delay.