Foremost Hospitality and GBI AG Bring First Hampton by Hilton Hotel to Frankfurt

Opening Summer 2015

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. March 18, 2014

Berlin / Frankfurt - March 18, 2014 - After the Hampton by Hilton Hotels in
Nuremburg and Hamburg another is being realized in Germany's financial
capital. This hotel will be developed by the GBI AG and operated by Foremost
Hospitality. When open this will be Foremost Hospitality's third Hampton by

The 158 bedroom Hampton by Hilton Hotel is being constructed in the Europa-Allee, within walking distance to the convention centre and the main station. The hotel is due to open late summer 2015.

“Foremost is pleased to be adding the first Hampton by Hilton hotel to Germany's financial capital,” states Hubert van de Loo, Managing Director of Foremost Hospitality. “We are confident that the Hampton by Hilton Brand will thrive through Germany and will be announcing more developments within this year,” he added.

This hotel will feature its brands' signature offerings, such as complimentary breakfast, a lounge bar, a business centre as well as modern amenities in the guest rooms such as flat screen TVs, complimentary tea/coffee making facilities and power showers. This Hotel will also provide a fitness area for the guests to enjoy. The Hampton by Hilton hotel is designed and styled to appeal to both business and leisure travelers, offering best-in-class service and comfort.

Mr. Reiner Nittka, from the managing committee of GBI AG, is happy to be working on this very interesting project with Foremost: “A brand like Hampton by Hilton will make the hotel market in Frankfurt very attractive.” The construction is underway and on schedule according to Nittka. This project is being financed by the UniCredit Bank AG/Hypovereinsbank. “I am convinced that this project with Foremost Hospitality will be a success,” says Nittka. This successful partnership can be seen in their Hampton by Hilton project in Nuremberg. Proof: The building was sold to the German investment fund WestInvest shortly after construction began. This hotel is one of many being planned by Foremost Hospitality. Foremost Hospitality has signed a multiple development agreement with Hilton Worldwide to develop Hampton by

Hilton Hotels in Germany. After Nuremberg, Hamburg, and this project in Frankfurt, Foremost is planning Hampton by Hilton hotels in other major cities in Germany.

About GBI AG (Gesellschaft für Beteiligungen und Immobilienentwicklungen / company for investments and property developments)

GBI AG is specialized in the development of hotel and apartment properties, which the company implements either on its own or with partners, predominantly in Germany. So far GBI has developed projects with a total volume of approximately EUR761 million; all of them have been sold or placed. Since 2010, GBI AG has stepped up its commitment for the development and construction of student apartments. Members of the Board of GBI AG are Ralph-Dieter Klossek (Spokesman for the Board) and Reiner Nittka. Parent companies of GBI AG with 50% participation each are Frankonia Vermögensverwaltungs- und Beteiligungsgesellschaft (asset management and investment company) and Moses Mendelssohn Vermögens-Verwaltungsgesellschaft GmbH & Co. KG (asset management company).

About Foremost Hospitality

Following the owner-operated business model the Foremost Group specialises in the development and management of bespoke and branded hotels throughout Germany and Europe. Currently, Foremost is developing a portfolio of Holiday Inn Express and Hampton by Hilton Hotels in Germany, under license from the InterContinental Hotels Group (IHG) and Hilton Worldwide.

Contacts:

GBI AG
Office: +49 (0)30 / 31 99 870
Mail: info@gbi.ag
Wolfgang Ludwig
Office: +49-(0)221/29219282,
Mobil: +49-(0)171/ 9335134
Mail: mail@ludwig-km.de

Foremost Hospitality HIEX GmbH
Terri Layden, Communication Officer
Tel. +49 (0) 30 58 58 383 80
hotels@fmhos.com/ www.fmhos.com