PROOF OF EXCELLENCE

Real Estate Allocation Program

Case Study 1

Property Type: Offices
Risk Profile: Core & Core+
Location: Western Europe
Size: €200m equity

Description: Definition of European geographical asset allocation programs including performance forecasting. After agreeing on the risk preference, the leadership team has developed a detailed, sustainable program which is underpinned by actual figures and costs deriving from ‘test drives’ with the established market network (lenders, brokers etc.). The program has consequently been realized via a segregated mandate.*
*) in previous employment

Investment Management

Case Study 1

Property Type: Residential
Risk Profile: Core
Location: Vienna, Austria
Size: approx. 28,500m2

Description: Asset deal transaction

Result: Introducing and realizing the local market entrance of a private, foreign investor into an attractive and complex asset class in 2015.

Case Study 2

Property Type: Trophy Building – Office
Risk Profile: Core
Location: London, United Kingdom
Size: approx. 21,600m2

Description: Share deal sale transaction and related management of the investment structure.

Result: Global screening of the market for best-price offerings, successful closing resulting in above average market returns.*
*) in previous employment

Case Study 3

Property Type: Office & Retail Portfolio
Risk Profile: Core+, Standing & development investment
Location: Throughout Western Germany
Size: approx. 103,000m2

Description: Asset deal acquisition transaction including financing

Result: Sourcing, efficient directing and closing of a complex portfolio in a highly competitive market environment within a short time frame.*
*) in previous employment

Case Study 4

Property Type: Office Portfolio
Risk Profile: Core+
Location: Throughout Germany
Size: approx. 145,000m2

Description: Share deal sale transaction

Result: Proper timing, sourcing, refinancing and closing of the sale of a triple net lease office portfolio resulting in above market average total returns.*
*) in previous employment

Case Study 5

Property Type: Logistics Portfolio
Risk Profile: Core+
Location: Throughout Germany
Size: approx. 175,000m2

Description: Asset deal acquisition of 3 large scale assets

Result: Off market sourcing, financing and closing of a logistic portfolio delivering high and stable income streams and returns.*
*) in previous employment

Case Study 6

Property Type: Mixed Use Asset
Risk Profile: Core
Location: Lübeck, Germany
Size: approx. 26,000m2

Description: Portfolio asset deal acquisition including a flagship, mixed-use asset

Result: Off market sourcing, financing and closing of a mixed-use portfolio delivering high and stable income streams and returns.*
*) in previous employment

Asset Management

Case Study 1

Property Type: Residential
Units: ca. 5,500
Area: ca. 350,000 sqm
Location: Throughout Germany

Description: Mandate for the asset management of the portfolio in 2015. Encompasses full management and operational repositioning with subsequent sales. The value-add portfolio with more than 85 locations is situated throughout Germany with gravities in North Rhine-Westphalia and Mecklenburg-Western Pomerania.

Case Study 2

Property Type: Residential
Risk Profile: Value Add
Location: Northern Germany
Size: approx. 350,000m2

Description: Asset management of a 7000-unit portfolio

Result: Stabilized the operational platform, decreased vacancy and increased rental levels, newly implemented an investor-owned facility management company and sold the portfolio as a share deal at above average market price levels.

Case Study 3

Property Type: Office & Retail Portfolio
Risk Profile: Core+, Standing & development investment
Location: Throughout Germany
Size: approx. 100,000m2

Description: Asset management of an office and retail portfolio with 10 assets

Result: Consolidation and integration of all assets at different construction and letting stages, increased occupancy to 98%, streamlined and reorganized the property management services.*
*) in previous employment

Case Study 4

Property Type: Residential
Risk Profile: Distressed
Location: Northern Germany
Size: approx. 180,000m2

Description: Asset management assignment of a distressed 2,500 unit portfolio

Result: Stabilized the operational platform, decreased vacancy and completely refurbished a single, 130 unit high-rise building within 24 months resulting in a successful turn-around and substantial value enhancement.

Case Study 5

Property Type: Residential
Risk Profile: Core +
Location: Western Germany
Size: approx. 65,000m2

Description: Asset management assignment of a 1,000-unit portfolio

Result: Stabilized and repositioned a core + portfolio including refinancing and corporate reorganization.

Case Study 6

Property Type: Residential
Risk Profile: Value Add
Location: Western Germany
Size: approx. 160,000m2

Description: Asset management assignment of a 3,000-unit portfolio

Result: Set-up and implemented a new operational platform, halved the vacancy rate within 24 months and stabilized the portfolio. The portfolio was sold to a listed company.

Financing / Re-Financing

Case Study 7

Property Type: Offices, Retail, Logistics, Residential, Mixed-Use
Risk Profile: Core, Core+, Value Add
Location: Germany, UK
Size: €1.5bn

Description: Sourcing, structuring and closing of various senior debt facilities including refinancing of loans at maturity.

Result: Strong and established network to the European lending institutions, preferred access to debt, sophisticated structuring of senior and mezzanine debt of core to opportunistic assets.*
*) in previous employment

Private Placements

Case Study 1

Property Type: Offices, Retail
Risk Profile: Core, Core+
Location: Germany
Size: €200m to €500m

Description: Advising on the design, drafting, set-up and realization of transparent, closed ended fund vehicles and club deals for qualified investors. Investors enjoy enhanced diversification potential compared to the size of their entry tickets and jointly decide on the acquisition selection.

Result: Followed the whole life cycle of a closed ended vehicle, co-managed the drafting and implementation of an innovative and flexible club deal structure for private individuals.*
*) in previous employment