Sale of Hotel and Apartment Resort Croatia

Sale of Hotel and Apartment Resort Croatia

HETA ASSET RESOLUTION AG intends to sell, assign or transfer 100 % of non-performing loans related to the financing and operation of a coastal hotel and apartment complex.

United Kingdom-London: Financial and insurance services

2015/S 156-287117

Contract notice

Services

Directive 2004/18/EC

Section I: Contracting authority

I.1)Name, addresses and contact point(s)

Heta Asset Resolution AG in Klagenfurt, Austria (‘HETA’), c/o Zolfo Cooper Capital Management UK LLP (‘ZCCM’)
10 Fleet Place
Contact point(s): Zolfo Cooper Capital Management UK LLP, ZCCM acts as the exclusive sales advisor to the Vendors in the Sales Process. Expressions of Interest for the participation in the Sales Process must be submitted to the contact person below by 10 September 2015, 12:00 (CET).
For the attention of: Mr Majharul Haque, Managing Partner Zolfo Cooper Capital Management UK
EC4M 7RB London
UNITED KINGDOM
Telephone: +44 207332-52/74
E-mail: mhaque@zccm.eu

Further information can be obtained from: The above mentioned contact point(s)

Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)

Tenders or requests to participate must be sent to: The above mentioned contact point(s)

I.2)Type of the contracting authority

Other: Wind-down Entity

I.3)Main activity

Economic and financial affairs

I.4)Contract award on behalf of other contracting authorities

The contracting authority is purchasing on behalf of other contracting authorities: no

Section II: Object of the contract

II.1)Description

II.1.1)Title attributed to the contract by the contracting authority:

Sale of Hotel and Apartment Resort, Croatia – Notice inviting expressions of interest.

II.1.2)Type of contract and location of works, place of delivery or of performance

Services
Service category No 6: Financial services a) Insurances services b) Banking and investment services
Main site or location of works, place of delivery or of performance: Klagenfurt.

NUTS code AT21

II.1.3)Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)

The notice involves a public contract
II.1.4)Information on framework agreement

II.1.5)Short description of the contract or purchase(s)

HETA ASSET RESOLUTION AG (the ‘Vendor’) intends to sell, assign or transfer 100 % of non-performing loans related to the financing and operation of a coastal hotel and apartment complex which comprises of a 250 room 4-star family hotel, a 5-star hotel and spa complex and an apartment complex consisting of 187 luxury apartments located in Croatia. The Vendor also has a right to sell the asset or the shares in the borrower.

II.1.6)Common procurement vocabulary (CPV)

66000000

II.1.7)Information about Government Procurement Agreement (GPA)

The contract is covered by the Government Procurement Agreement (GPA): no

II.1.8)Lots

This contract is divided into lots: no

II.1.9)Information about variants

Variants will be accepted: no
II.2)Quantity or scope of the contract
II.2.1)Total quantity or scope:

II.2.2)Information about options

Options: no

II.2.3)Information about renewals

This contract is subject to renewal: no
II.3)Duration of the contract or time limit for completion

Section III: Legal, economic, financial and technical information

III.1)Conditions relating to the contract
III.1.1)Deposits and guarantees required:
III.1.2)Main financing conditions and payment arrangements and/or reference to the relevant provisions governing them:
III.1.3)Legal form to be taken by the group of economic operators to whom the contract is to be awarded:

III.1.4)Other particular conditions

The performance of the contract is subject to particular conditions: no
III.2)Conditions for participation
III.2.1)Personal situation of economic operators, including requirements relating to enrolment on professional or trade registers
III.2.2)Economic and financial ability
III.2.3)Technical capacity
III.2.4)Information about reserved contracts
III.3)Conditions specific to services contracts

III.3.1)Information about a particular profession

Execution of the service is reserved to a particular profession: no

III.3.2)Staff responsible for the execution of the service

Legal persons should indicate the names and professional qualifications of the staff responsible for the execution of the service: no

Section IV: Procedure

IV.1)Type of procedure

IV.1.1)Type of procedure

Negotiated
Some candidates have already been selected (if appropriate under certain types of negotiated procedures) no

IV.1.2)Limitations on the number of operators who will be invited to tender or to participate

Envisaged minimum number 0: and maximum number 0
Objective criteria for choosing the limited number of candidates: Expressions of interest must be made in writing in English and include the name and address of the interested party. Expressions of interest on behalf of third parties (brokers and advisors) will be taken into consideration if they are written and provide adequate proof of representation. Expressions of interest must contain the names of the responsible person(s) who should be contacted in case of queries. After ZCCM has received expressions of interest and after interested investors have executed a Non-Disclosure Agreement, interested investors will receive an information memorandum as well as further information on the sales process from ZCCM.
IV.1.3)Reduction of the number of operators during the negotiation or dialogue
IV.2)Award criteria

IV.2.1)Award criteria

The most economically advantageous tender in terms of the criteria stated in the specifications, in the invitation to tender or to negotiate or in the descriptive document

IV.2.2)Information about electronic auction

An electronic auction will be used: no
IV.3)Administrative information

IV.3.1)File reference number attributed by the contracting authority:

Sale of Hotel and Apartment Resort, Croatia

IV.3.2)Previous publication(s) concerning the same contract

no

IV.3.3)Conditions for obtaining specifications and additional documents or descriptive document

Time limit for receipt of requests for documents or for accessing documents: 10.9.2015 – 12:00
Payable documents: no

IV.3.4)Time limit for receipt of tenders or requests to participate

10.9.2015 – 12:00
IV.3.5)Date of dispatch of invitations to tender or to participate to selected candidates

IV.3.6)Language(s) in which tenders or requests to participate may be drawn up

English.
IV.3.7)Minimum time frame during which the tenderer must maintain the tender

IV.3.8)Conditions for opening of tenders

Persons authorised to be present at the opening of tenders: no

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about European Union funds

The contract is related to a project and/or programme financed by European Union funds: no

VI.3)Additional information

After ZCCM has received expressions of interest and after interested investors have executed a Non-Disclosure Agreement, interested investors will receive an information memorandum as well as further information on the sales process from ZCCM.
The Vendors reserve the right to extend the deadline for submission of the Expressions of Interest, or to modify other deadlines of the sales process and/or to discontinue the sales process in whole or in part or to adjust the transaction structure at any time, subject to compliance with the principles of an open, transparent and non-discriminatory sales process.
National identification number: L-577847-5811.
VI.4)Procedures for appeal
VI.4.1)Body responsible for appeal procedures
VI.4.2)Lodging of appeals
VI.4.3)Service from which information about the lodging of appeals may be obtained

VI.5)Date of dispatch of this notice:

11.8.2015

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