Liebrecht & wooD Group

Profile: European development company. Year of establishment: Areas of activity: Key markets in Central and Eastern Europe Poland Romania Russia. Commercial real estate: completed: 440,000 square metres under construction: 230,000 square metres. Liebrecht & wooD Group

Project Life Cycle Investment Development P&O Management Fund Management Scope of activities

Project Life Cycle INVESTMENT Liebrecht & wooD Development Company DEVELOPMENT Liebrecht & wooD FASHION HOUSE Group PROPERTY MANAGEMENT FASHION HOUSE Services WeCare FUND MANAGEMENT Liebrecht & wooD Fund Management Liebrecht & wooD Group

L&W Group Poland, Romania Poland, Romania, Russia Structure

L&W Group milestones 1991 L&W Group is created in Belgium 1994 start of business activity in Poland 2000 start of business activity in Romania establishing of The Outlet Company, later called FASHION HOUSE Group 2001 Establishing of WeCare – the property management company 2008 creation of the Liebrecht & wooD Investment Fund 2009 start of the business activity in Russia 2013 launch of the Black Tie Fund

A different vision on real estate We create the environment, not only the buildings. We approach the construction of our buildings comprehensively, always with careful consideration of their surroundings, to ensure harmonious integration of both. We build to last, not to sell. What matters most to us is top quality, long-term effects and durability. Quick sale of an investment is not a priority. The building is justhardware, we also deliver the software. Our ”We Care” philosophy expresses the company’s deep and lasting commitment to the projects we develop. Through our comprehensive real estate management services, we look after our buildings also after their completion. We care about our partners. Real estate development requires large-scale teamwork. Partnership and mutual respect are the pillar of Liebrecht & wooD Group activities.

Management Team Patrick Van Den Bossche Managing Director of L&W Group Johan Rogiers Managing Director of L&W Group Marc Lebbe Managing Director of L&W Group Brendon O’Reilly Managing Director of FASHION HOUSE Group

Track record Investments in Poland, Romania and Russia

L&W Group Offices 149,300 sqm Retail parks and shopping malls 219,400 sqm Warehouses 49,000 sqm Outlet centres (FASHION HOUSE Outlet Centre ) 173,100 sqm Portfolio

* Sold investments Office investments Green House, Warsaw3,200 sqm Medicover House, Warsaw * 3,500 sqm Jerozolimskie Business Park, Warsaw * 8,000 sqm Flanders Business Park, Warsaw - buildings A, B 14,400 sqm - buildings C, D, E 21,600 sqm Batory Office Buildings, Warsaw 14,200 sqm - BOB I* Kopernik Office Buildings, Warsaw * 22,600 sqm Plac Unii, Warsaw 41,300 sqm Victoria Park, Bucharest 20,500 sqm Total: 149,300 sqm

*Sold investments Retail parks and shopping centres City Gallery, Warsaw15,500 sqm Militari Shopping Centre, Bucharest*20,500 sqm Morski Park Handlowy, Gdansk 65,000 sqm West Park, Bukareszt53,400 sqm Cernica Park, Bucharest65,000 sqm Total:219,400 sqm

Retail parks and shopping centres

*Sold investments Warehouse investments Poznan Distribution Centre, Swarzedz 11,000 sqm Manhattan Business and Distribution Centre, Warsaw * 38,000 sqm Total: 49,000 sqm

Warehouse investments

*Sold investments Outlet Centres FASHION HOUSE Outlet Centres: FHOC Sosnowiec * 17,000 sqm FHOC Warsaw * 17,300 sqm FHOC Gdansk * 16,400 sqm FHOC Bucharest West20,000 sqm FHOC Moscow28,640 sqm FHOC St Petersburg20,260 sqm FHOC Bucharest East17,500 sqm FHOC Yekaterinburg18,000 sqm FHOC Kiev18,000 sqm Total:173,100 sqm

Outlet Centres

Current Investments

Office complex Location: Puławska 2 Street, Warsaw Status: under construction Building A – 24,000 sqm GLA Building B – 11,000 sqm GLA Building C – 6,000 sqm GLA Total GLA: 41,000 sqm scheduled to open in October 2013 Plac Unii Shopping Centre Location: Puławska 2 Street, Warsaw Status: under construction Shopping Centre – 15,500 sqm GLA scheduled to open in October 2013

Office complex Location: Flisa Street, Warsaw Status: completed Building A - A class - completed in Building B - B+ class – completed in 2000 GLA 14,400 sqm. II phase of the Flanders Business Park project Location: Warsaw Status: under construction Class of office space: A. Building C: GLA – 7,395 sqm, scheduled to open in: – 2013/2014 Buildings D & E: GLA – 14,200 sqm. Flanders Business Park

Office complex Location: Ząbkowska Street, Warsaw Status: under construction Total GLA - 22,000 sqm. Koneser Retail complex Location: Ząbkowska Street, Warsaw Status: under construction Total GLA - 22,000 sqm.

Best outlet centres in Europe, Europa Property CEE Awards: – FASHION HOUSE Outlet Centre Warsaw in 2008 – FASHION HOUSE Outlet Centre Sosnowiec in 2009 – FASHION HOUSE Outlet Centre Gdansk in 2010 “Developer of the Year in Romania”, Europa Property SEE Real Estate Awards Awards

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