Pasman Resort will be renowned for its community spirit. The project strongly encourage integration, social interaction and the formation of close ties amongst community members. The local workforce, local residents and holiday makers share the same facilities and environment and develop the same passion for the land, the culture and people. Pasman Resort is the place where different cultures merge and live the Mediterranean dream. The well-being of the local population has been given special attention. Local people will have the opportunity to open and run businesses within the resort and employment opportunities are varied and range from farming to managerial positions.

Total: 260Ha / construction area: 100Ha (2 zones per 50Ha with landscaping area within zones about 80Ha and logistic zone) / recreational & agriculture area: 160Ha with landscaping about 100 Ha

Soline BayHotel 4* (2 levels, 400 rooms/800 beds, includes conference centre (27,000 m2 - gross developed area GDP) / Vilas (2 levels, 6 units/60 beds (total 2,100 m2 GDP)/ Town houses (2 levels, 110 units/572 beds (total 15,180 m2 GDP) / Apartments (1 and 2 levels, 116 units/568 beds (total 11,930 m2 GDP) / Wellness Centre (6,000 m2 GDP) / Other facilities: Harbour for 200 berths, Fisherman harbour for 20 boats, Maritime Club, Diving & Water ski centre, Bowling centre, Town centre (Food & Beverage, Retail, Services - Post office, Bank, Info desk, Entertainment - discotheque, bowling and Square), Artificial beach, Outdoor sport courts, Boccia field, Amphitheatre, Equestrian club, Agricultural House, Botanical House (total 66.000 m2 GDP) / Landscaping (about 400.000 m2)

Zincena BayHotel 7* (2 levels, 80 rooms/160 beds (12.800 m2 GDP), additionally includes Spa&Wellness, Meditation garden, Viewing platform, Artificial beach, Outdoor sports courts (total 9.000 m2 GDP) / Hotel 5* (2 levels, 130 rooms/260 beds (12.000 m2 GDP), additionally includes Spa&Wellness, Artificial beach, Outdoor sports courts, Food & Beverage, Retail, Square (total 12.350 m2 GDP) and Aqua centre with thermal Riviera (25.000 m2 GDP) / Vilas (2 levels, 36 units/226 beds (total 7,090 m2 GDP) / Town houses (2 levels, 109 units/604 beds, (total 15,600 m2 GDP) / Apart-ments (1 and 2 levels, 153 units/750 beds (total 15,765 m2 GDP) / Other facilities: Star Observatory, Town centre (Food & Beverage, Retail and Square), Academy of traditional living, Outdoor sport courts, Sports centre, Playground and kindergarten (total 18.000 m2 GDP) / Landscaping (about 400.000 m2)

Recreational & agriculture areaViewing platforms and rest areas, Jogging trails and pathways and landscaping (parks, promenades, landscaping, outdoor lightning, olive groves, vineyards and other mediterranean cultures) about 100 Ha

Logistic zoneMain entrance, Logistic centre, Administration, Central laundries and Fire station, Heliport, Garage, Service garage, Supermarket (total 31.000 m2 GDP)

Supporting infrastructureMain roads, Roads within the zone, Drainage, Water supply, Electrification and TK

Project scope is proposed according to Master plan and is not exclusively mandatory but represent starting base for competitive dialogue! Further development of concept solutions during competitive dialogue is expected and welcomed from interested investors!

PROJECT TEASER (2016)

PROJECT CONCEPT

Project name

BASIC INFORMATION

PROJECT IDEA

PROJECT ZONE

PROJECT SCOPE

Estimated value

Project Location

Pasman Resort430 million EUR

Project ownerProject developer (consultant)

Municipality of Pasman

Hosting International LtD

Project sector

Achieves continues growth in past decade!Croatian tourism can be described as “EU Pearl!”

European union, Croatia, Zadar County, Municipality of Pasman - South side of Pasman island - located in the middle of Croatian Adriatic coast

Tourism

www.pasman-rivijera.hr

PROJECT TEASER (2016)

CONTRACT MODEL

Spatial plan of Municipality of Pasman (main documentation basis that represents mandatory conditions).Terms of reference - Master plan (starting base for competitive dialogue where competitors can develop and propose concept solutions).

Project documentation

Project design and construction

Project will be designed and constructed in two phases with predicted duration of 6 years: I phase: Soline Bay, Recreational & agriculture area, Logistic zone, Supporting infrastructure II phase: Zincena Bay

Contract model DBFMO (Design, Build, Finance, Operate, Maintain) model

Contract period Long term contract: 99+ years

PUBLIC PROJECT OWNER (MUNICIPALITY OF PASMAN ) INVESTORPublic owner gives right to build and land lease to investor during contract period.

At the end of contract period investor returns all buildings to the public owner

Public owner gives right to build and land lease to inves-tor during contract period.Supervises contract implementation during design and construction stage.Supervises contract implementation during usage stage.

Pays fee to the public owner for right to build and land lease during contract period. Designs / Finance project implementation (no public owner guarantees) / Builds. Manage project during contract period / Pays all finance and operating expenses and commercialize project.

FINANCIAL AND ECONOMIC INDICATORS

Financial and economic indicators are calculated based on 25 years projections, with inflation rate of 2,00% (Historic harmonised inflation Europe - HICP inflation) and discount rate of 6,52%.

Net present value (NPV) calculated in financial cash flow is found to be positive around 270 million €.

Internal rate of return (IRR) is calculated in interval from 10 % to 12 %.

Return period of investment (RPI) is achieved in the second half of analysed period. (IRR and RPI are calculated in financial cash flow with excluded financial receipt and expenses.)

Sensitivity analysis indicates that project is extremely elastic to increase of construction costs during construction period and energy costs during operating period.

COMPETITION CONDITIONS

Competitive dialogueSelected tender procedureOnly 3 fittest competitors will be allowed to participate in dialogue.PrequalificationEvery competitor is expected to develop own concept solution which is beneficial to the project for all project stakeholders.

Dialogue

Economically Advantageous TenderSelection criteria

IMPORTANT ANNOUNCEMENTS (2016 )

Contract and tender documentation is currently in the making.Current project preparation statusPre-procurement phaseCurrent project contracting status2Q 2017.Expected date of publication of competition

CONTACT INFORMATION

Hosting International LtdProject developerObala kneza Branimira 12,23000 Zadar, Croatia, EUAddressM.Sc. Eugen Sorić, graduate engineerDirector

In order to achieve exceptionally successful project in accordance with today’s world best practises, all interested potential investors are invited to answer “Questioner for potential investors” which is available on project website!

Contact personTelephone

eugen.soric@hosting-international.hr

+385 98 165 2 165

www.pasman-rivijera.hr

Project websiteinfo@pasman-rivijera.hrContact email

Developer website www.hosting-international.hr

www.pasman-rivijera.hr