06.
COLLABORATION MODEL
NEWCO
External shareholders
→ Can be multiple developers, hotelchains and investors
→ A total 400.000.000 DKK non-recourse loan for hotel building, development and construction
→ Gets money out first before PK FF and KKFF recieve income
→ NEWCO can recieve management agreement if desired
→ The management fee is based on income from hotel operation
KKFF
Commercial Foundation
Has massive nature areas of 400 ha, a hotel incl. a lake, and controls special acces to selected nature areas for the benefit of the hotel guests
PK FF
Holding ApS (Ltd.)
→ Holds the right to build the hotel and manages regulating body negotiation
→ Income will be donated to KKFF. Minorty shareholders may choose to keep their income
→ Is under obligation to vote along with KKFF