COUVA SHOPPING CENTRE

EXISTING LAYOUT

ASSUMPTIONS ONLY EXISTING LAND AREA AVAILABLE MAXIMISE RENTAL OF EXISTING SPACE PROVIDE A FINANCIALLY AFFORDABLE EXPANSION AND UPGRADE MEET THE NEEDS OF EXISTING TENANTS MAKE FIRST FLOOR AREAS MORE (LETTABLE) ACCESSIBLE MINIMISE (OR ELIMINATE) LOSS OF INCOME DURING CONSTRUCTION

EXISTING LAYOUT LETTABLE SPACE75,400 SQ. FT. INCOME FROM LETTABLE SPACE$????? PER MNTH CAR PARKING AVAILABLE175UNITS

PROPOSED LAYOUT LETTABLE SPACE140,800 SQ.FT. 87% INCREASE 75,400 SQ. FT. PROJECTED INCOME FROM LETTABLE SPACE $1,126,000 PER MNTH CAR PARKING AVAILABLE 325 UNITS 86% INCREASE 175 UNITS

PROPOSED LAYOUT

PHASE 1A

STRUCTURAL – CLOSE UP FLOOR OPENING UPGRADE BACK STAIR REMOVE SOUTH WALL OPEN UP EAST WALL INTERIORS - RAIL ON SOUTH EDGE TEMPORARY SHOP FRONT ON SOUTH TENANT DIVISIONS, COUNTERS & PUBLIC FURNITURE FLOOR FINISHES CEILING FINISHES SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY AIR CONDITIONING & VENTILATION PLUMBING & COOKING GAS ESCALATOR & FREIGHT ELEVATOR

PHASE 1A FIGURES TOTAL AREA13,500 SQ. FT. BUDGET COST INCLUDING FEES$5,800,000 TIME FOR DESIGN2 MONTHS TIME OF CONSTRUCTION3 MONTHS ADDITIONAL INCOME$108,000 CONTRIBUTION TO MORTGAGE$ 56,000 CONCERNS: EFFECT ON TENANTS BELOW

PHASE 1B

STRUCTURAL – UPGRADE BACK STAIR OPEN UP EAST WALL INTERIORS - RAIL ON SOUTH EDGE TEMPORARY SHOP FRONT ON SOUTH PUBLIC TOILETS TENANT DIVISIONS, COUNTERS & PUBLIC FURNITURE FLOOR FINISHES CEILING FINISHES SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY AIR CONDITIONING & VENTILATION PLUMBING & COOKING GAS ESCALATOR

PHASE 1B FIGURES TOTAL AREA13,500 SQ. FT. BUDGET COST INCLUDING FEES$5,000,000 TIME FOR DESIGN1 MONTH TIME OF CONSTRUCTION3 MONTHS ADDITIONAL INCOME$54,000 CONTRIBUTION TO MORTGAGE$48,000 CONCERNS: EXISTING TENANTS WITHIN SPACE EFFECT ON SUPERMARKET BELOW

PHASE 1C

STRUCTURAL – OPEN UP (EXISTING) EAST WALL INTERIORS - SUPERMARKET UPGRADE TENANT DIVISIONS FLOOR FINISHES CEILING FINISHES SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY AIR CONDITIONING & VENTILATION PLUMBING

PHASE 1C FIGURES BUDGET COST INCLUDING FEES$3,000,000 TIME FOR DESIGN1 MONTH TIME OF CONSTRUCTION3 MONTHS ADDITIONAL INCOME$ 0.00 CONTRIBUTION TO MORTGAGE$29,000 CONCERNS: SUPERMARKET REQUIREMENTS EXISTING TENANTS WITHIN SPACE

PHASE 2

STRUCTURAL – DEMOLISH EXISTING BUILDING CONSTRUCT CAR PARK I INTERIORS - TENANT DIVISIONS FLOOR FINISHES CEILING FINISHES SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY AIR CONDITIONING & VENTILATION PLUMBING ELEVATOR

PHASE 2 FIGURES TOTAL AREA50,000SQ. FT. TENANTED AREA17,000SQ. FT. TOTAL CAR PARK AREA 33,000SQ. FT. NUMBER OF PARKING SPACES130 BUDGET COST INCLUDING FEES$15,000,000 TIME FOR DESIGN3 MONTHS TIME OF CONSTRUCTION7 MONTHS ADDITIONAL INCOME$153,000 CONTRIBUTION TO MORTGAGE$143,000 CONCERNS: EXISTING TENANTS (KFC) TO BE RELOCATED

PHASE 3a

PHASE 3A STRUCTURAL – CONSTRUCT NEW CAR PARK BUILDING INCLUDING BRIDGE TO EXISTING BUILDING INTERIORS - NIL OR MINOR SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY ELEVATOR

PHASE 3B

STRUCTURAL – DEMOLITION OF EXISTING BUILDING CONSTRUCT NEW BUILDING INCLUDING BRIDGE TO EXISTING BUILDING INTERIORS - MALL SHOP FRONTS TENANT DIVISIONS FLOOR FINISHES (Public Areas) CEILING FINISHES (Public Areas) SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY AIR CONDITIONING & VENTILATION PLUMBING

PHASE 3C

STRUCTURAL – DEMOLITION OF EXISTING BUILDING CONSTRUCT NEW BUILDING INCLUDING BRIDGE TO EXISTING BUILDING ENCLOSE ATRIUM INTERIORS - MALL SHOP FRONTS TENANT DIVISIONS FLOOR FINISHES CEILING FINISHES SERVICES - ELECTRICAL LIGHTING & POWER FIRE ALARM, COMMUNICATIONS & SECURITY AIR CONDITIONING & VENTILATION PLUMBING

PHASE 3 FIGURES TOTAL AREA35,000 SQ. FT. BUDGET COST INCLUDING FEES$55,000,000 TIME FOR DESIGN3 MONTHS TIME OF CONSTRUCTION7 MONTHS ADDITIONAL INCOME$280,000 CONTRIBUTION TO MORTGAGE$525,000 CONCERNS: EXISTING TENANTS TO BE RELOCATED EXISTING TENANTS WITHIN DEMOLISHED SPACE

Services infrastructure CHILLED WATER PLANT AND PIPING DISTRIBUTION UPGRADE OF ELECTRICAL PLANT EMERGENCY GENERATOR INSTALLATION INCLUDING FUEL STORAGE UPGRADE OF SEWAGE TREATMENT PLANT FIRE ALARMS AND FIRE FIGHTING INSTALLATIONS

PROPOSED LAYOUT

summary PHASE 1PHASE 2PHASE 3TOTAL 1 TOTAL AREA (SQ.FT.) 54,000 17,000 54, ,000 2 BUDGET COST INCLUDING FEES $ 13,800,000 $ 15,000,000 $ 70,000,000 $ 98,800,000 3 ADDITIONAL RENTAL INCOME $ 162,000 $ 153,000 $ 540,000 $ 855,000 4 CONTRIBUTION TO MORTGAGE $ 133,000 $ 143,000 $ 525,000 $ 801,000

NOTIONAL SCHEDULE

WHERE DO WE GO FROM HERE ???