
2 Hotels – One Concept
Ultra High Luxury – LOI with a leading international operator brand
Holding with 2 PropCo's & 1 OpCo
Mountain Lodge: Management Case
River Lodge: Branded Suite Investment Case
Projected equity: EUR 18,2 Mio.
Ticket Size: EUR 2,0 Mio.
Investment period: 6–7 years
Preferred return: 5% p.a. (hurdle)
Profit share: LP 70% – GP 30%
Target cash multiple: 2,0x
Target IRR: 16%
Exit: 2030–2034
Direct co-investment alongside sponsor (no fund structure)
Fundraising TVL · Acquisition HoldCo · Permitting Phase
Permitting Phase (cont.) · Construction Phase · Sale Phase River Lodge (start)
Operating Phase · Sale Phase River Lodge (cont.)
Operating Phase (cont.) · Exit Mountain Lodge
The Village Lech GmbH & Co. KG delivers an ultra-luxury hospitality and real estate platform in Lech am Arlberg—capitalizing on limited supply, restrictive zoning, and strong year-round demand.
Repositioning of two complementary assets under a global ultra-luxury brand: The Mountain Lodge (new-build, Oberlech) & The River Lodge (repositioning, Lech Village). Together they form a seamless Owners' Club with cross-property amenities.
A staff-to-key ratio of approx. 3.2:1 enables a consistently personalised level of service. Access to three dedicated staff accommodation properties in the Arlberg region supports operational continuity.
A branded suite investment model for River Lodge suites monetizes individual units, freeing capital, reducing equity needs, and improving investor returns (MOIC, IRR).
Family offices, UHNWIs, and entrepreneurial families seeking stable income and value-add potential in a trophy alpine destination.
Lech ranks among Europe's top-tier resorts—on par with Courchevel, St. Moritz and Gstaad—combining world-class skiing, limited supply, and year-round appeal.
Excellent links via Innsbruck, Zurich, and Munich airports; private airstrips and 25–40 min helicopter transfers.
Drives stronger performance through ADR uplift, greater pricing power, and higher occupancy via global distribution—enhancing visibility among international HNW clients and supporting superior exit yields post-stabilization.
Two-Phase Capital Realization
Sale of subdivided River Lodge suites at ~2.5% yield generates a significant net profit, reducing outstanding equity to approx. 30% and improving equity multiple and IRR.
Institutional exit via sale of Mountain Lodge at 4.5–5.5% yield—delivering a core-plus luxury hospitality asset under a leading global brand.
~16% IRR | 2,0x MOIC (based on Year 4 of Operation)
Partial freehold unit sale (~2,5% yield) · Institutional core sale (~4,5%–5,0% yield)
Alternative stabilised income-focused strategy. Equity materially reduced post River Lodge sale.
Stabilised Return Profile: ~31% average annual cash-on-cash return after River Lodge exit


Die unabhängige Immobilien Redaktion
Lech/ Zürs am Arlberg bestätigt sich als stabiler Investmentstandort
Exklusive Wohnimmobilien am Arlberg gelten seit Jahren als besonders wertstabil – auch in wirtschaftlich herausfordernden Zeiten. Trotz Schneereichtum entwickelt sich die Region auch als Sommerdestination.
The full Investment Memorandum is available upon signing a Non-Disclosure Agreement. Download the NDA below, sign, and return it. The complete Memorandum will be shared upon receipt.
Dorotheergasse 12, 1010 Vienna
finance@equitypartner.at
S-Quad Handels- und Beteiligungs GmbH
Goldschmiedgasse 2/6.5, 1010 Vienna, Austria
msch@s-fo.at
This investor memorandum is for information only and does not constitute an offer, solicitation, investment advice, or recommendation. The information is based on sources deemed reliable, but no liability is assumed for completeness, accuracy, or timeliness. Forecasts and forward-looking statements are subject to change and uncertainty; past performance is no guarantee of future results. Real estate investments involve significant risks, including partial or total loss of capital. Investors should review the entire Memorandum, including appendices, and seek independent legal, tax, and financial advice. This Memorandum is intended only for selected investors in a private placement, may not be distributed without the issuer's written consent, and does not constitute a prospectus under the Capital Market Act. Each investor is responsible for compliance with applicable laws. The issuer may amend the information at any time without notice.