COMPANY CORPORATE PRESENTATION

Transcription

1 COMPANY CORPORATE PRESENTATION 2015

2 Background of Company Offices in Greece, Cyprus and the Balkans Cyprus: Nicosia office established in 1968 Limassol office established in 2007 Greece: Thessaloniki and Athens offices established in Chania office established in 2010 and Heraklion in 2011 Serbia (Belgrade) offices established in 2009 Personnel: Athens 15 employees Belgrade 8 employees Thessaloniki 5 employees Outsourced associates network 45 people Cyprus Crete 18 employees 7 employees Full range of services throughout Greece, Cyprus and the Balkans with significant track record High quality and expertise in corporate client representation 47 years of expertise In alliance with BNP PARIBAS REAL ESTATE Registered RICS company

3 Core services Feasibility Studies (Highest & Best Use studies) Valuations Project Management Technical Due Diligence Property Management / Facilities Management Agency & Negotiations Investment Advice & Portfolio Management Market Studies & Location Analysis Development Advice, Tax, Legal and Planning

4 Professional qualifications The Royal Institution of Chartered Surveyors The International Institute of Valuers The International Federation of Surveyors The Institute of Revenues Rating and Valuation The International Real Estate Federation The Greek Association of Chartered Surveyors The Greek Real Estate Association The Greek Board of Appraisers The Serbian Association of Chartered Surveyors The PrCert Valuers Group The Cyprus Association of Chartered Surveyors The Hellenic Project Management Institute The Technical Chamber of Greece The Scientific Technical Chamber of Cyprus The Estate Management Club The European Real Estate Society The Chartered Institute of Building The Athens Bar Association The Greek Economical Chamber The Urban Land Institute

5 Company structure Administration / Marketing Sector Valuation / Property & Project Management services Sector Agency / Market Research services Financial & Human Resource Department International Business Department Legal Department IT Department O F F I C E S N E T W O R K G R E E C E Athens Thessaloniki Chania Heraklion C Y P R U S Nicosia Limassol B A L K A N S Belgrade

6 Competitive advantages VALUATION DEPARTMENT Experience - more than 500 valuations per month International Standards according to the regulations of RICS, TEGoVA, and IVS Global recognition Professionalism - credentials Expertise Multi disciplined Integrity Brand name for more than 47 years AGENCY DEPARTMENT Real Estate Agent Registration Number 1 Corporate approach and international know how More than 47 years of experience with more than 5000 agency deals as a track record International Standards according to the regulations of the RICS Trustworthy and Effective

7 Our clients - indicative BANKS

8 Our clients - indicative DEVELOPERS PROING INŽENJERING D.O.O.

9 Our clients - indicative SERVICES

10 Our clients - indicative INVESTMENT COMPANIES UKA/APN

11 Our clients - indicative COMMERCIAL

12 Our clients - indicative COMMERCIAL

13 Our clients - indicative FOOD

14 Our clients - indicative EMBASSIES

15 Our clients - indicative MISCELLANEOUS

16 General Sample Projects

17 VALUATIONS

18 Valuations Danos Greece was instructed from the HELLENIC REPUBLIC ASSET DEVELOPMENT FUND to: Evaluate the rental values of 28 public owned properties all over Greece, that will be sold through a sale & lease back procedure Evaluate the market value of 20 public owned properties all over Greece, that will be sold through an e-auction to the highest bidder. Danos Greece is instructed by Bluehouse to act as their retained annual valuer. The International Dept., supervises, coordinates and signs off the bi-annual valuations for the three funds that invest in Greece, Bulgaria, Romania, Croatia and Serbia. Danos Greece was instructed to proceed to the valuation of property in Bulgaria and Romania, which came into ownership of BLUEHOUSE CAPITAL INVESTMENT. Valuations were made for internal purposes and for the integration of the company on the Stock Exchange of England. The company participated as a Real Estate Consultant, Advisory Group that BLUEHOUSE CAPITAL had chosen (including the CitiBank Global Markets) for listing on the Warsaw company REIC (REIC).

19 Valuations Danos Greece was instructed by PIMCO (International Consultants) and successfully completed the valuation of properties in Greece, Cyprus and Serbia which have been mortgaged for lending purposes by the Cypriot Banks (CYPRUS POPULAR-MARFIN, GREEK). The purpose of the study was the investigation - evaluation of loan portfolios of banks, in order to determine the amount of a potential recapitalization. Danos Greece was instructed by BANK OF GREECE (in cooperation with GRANT THORNTON) to evaluate major assets owned by ATE, POSTBANK, T-BANK and FIRST BUSINESS BANK. The properties were of all different kind (i.e. hotels, commercial, residential etc) and were located all over Greece.

20 Valuations Danos is acting as the retained valuer for the bi-annual valuations of NBG PANGAEA's real estate portfolio. The properties of the subject portfolio are commercial properties (office/ retail/ industrial) and are located all over Greece. Danos is acting as the retained valuer for the bi-annual valuations of TRASTOR's real estate portfolio. The properties of the subject portfolio are commercial properties (office/ retail/ industrial) and are located all over Greece.

21 Valuations Danos Greece was instructed by Agricultural Bank of Greece to value all of its assets (2,350 properties all around Greece), in order to be listed in the Athens Stock-Market. The company was successfully listed in the Athens Stock Exchange. Danos Greece was instructed to value the real estate portfolio of Macedonian-Thrace Bank, as a part of a due diligence process carried out by the Bank of Piraeus. The price of the portfolio was 36 m.. Also, Danos takes orders for consulting services and assessments of mortgaged property on behalf of the Bank or its subsidiaries. Danos Greece was selected by Attica Bank to value properties all around Greece, according to International Accounting Standards. Danos Greece was instructed by the client to undertake the desktop valuations of the assets of a company. These properties were located in Greece, Albania, Bulgaria, Romania, Egypt, Serbia, Germany and Hungary.

22 Valuations Danos Greece was instructed by Eurobank to undertake the valuation and highest & best use analysis of land and commercial, industrial premises of the company MPC in order for the company to enter the London Stock Market. These properties are located in Serbia. Danos Greece has been assigned by Alpha Bank to consult and valuate the Real Estate Properties offered as collateral at the bank all over Greece. Danos was instructed by National Bank to consult and valuate the Real Estate Properties offered as collateral at the bank. Danos has been assigned by HELLAS CAPITAL LEASING to consult and evaluate their Real Estate Portfolio. Danos, is also acting as a valuer of electromechanical equipment.

23 Valuations Danos Greece is listed in the selection table of EDEKT (EDEKT Asset Management provides investment & fiduciary management services to Greek public pension funds) regarding property valuations. Danos Greece and Cyprus was instructed by Hellenic Petroleum to valuate the company s property portfolio. Moreover Danos has undertaken the valuation of the company's refineries and gas stations in Bosnia Herzegovina and Montenegro. Danos Greece has undertaken the revaluation of Atlantic Union S.A. property portfolio. The revaluations have been carried based upon the International Financial Reporting Standards. The property portfolio includes a number of properties, such as independent office buildings, land plots, apartments and storages throughout the entire Attica region, as well as the whole country. Danos Greece was instructed by Leaf Tobacco A. Michailides to perform the evaluation of land and industrial premises of the company. These properties were located in Greece, Albania, Bulgaria, FYROM, Slovakia, Moldavia and Italy. Members of Danos conducted inspections to all premises.

24 Valuations Danos Greece was instructed, through a tender process, to evaluate the real estate assets of the Fund for IFRS purposes. The exercise was successfully completed. Danos Greece was instructed to evaluate all the 76 real estate assets of MASOUTIS super market chain for IFRS purposes. The exercise was successfully completed. Danos Greece has been assigned the evaluation of the ELTA (Hellenic Post) properties in Greece. The evaluation was realized for International Accounting Standards purposes in approximately 100 properties. Danos Greece was selected by OTE Estate to value 2,300 properties all around Greece according to International Accounting Standards. The valuation has successfully completed and the last five years we yearly re-evaluate the whole portfolio.

25 Valuations Danos Greece was instructed to undertake the valuation of a plot of land of 1,000 sq m in Tbilisi Georgia and a three-storey building of 1,500 sq m in Yerevan Armenia. Danos Greece was instructed by the company to value the following properties for corporate reasons: 1,600 sq m office space in Kallithea, 200 sq m office space and 34,000 sq m warehousing space in Thessaloniki. The properties were valued by our valuers from our Athens and Thessaloniki Offices. Danos was instructed by Louis Group (at different time periods) to value hotels in Greece and Cyprus owned by the company. Danos was instructed by JOHN C. ZERVOS ENTERPRISES to undertake the valuation of 17 hotels all over Greece.

26 Valuations Danos Greece was instructed by the client to perform a market research and valuation of a land plot under development in FYROM. The client intended to develop a complex with Hotel and Casino facilities. The study included a research about the hospitality market in Europe. Danos Greece was instructed by IASO Group to undertake the valuation of properties owned by the company, all over Greece. Danos Greece was instructed by the client to perform valuation of a land plot and industrial buildings in Bulgaria and FYROM.

27 Valuations Danos Greece has been instructed by the company to dispose in the market two buildings located in the industrial zone of the north side of Athens, and one located in the industrial zone of Thessaloniki. The first part included the valuation of the properties which was successfully completed. Danos Greece was instructed by the client to perform the valuation of 23 properties (apartments, warehouses, etc) in Romania. UKA/APN Danos Greece was asked by UKA/APN to undertake the valuation and the technical Due Diligence of 17 Champion Marinopoulos stores in Greece as part of the Due Diligence process. Our company carried out all valuations and the technical Due Diligence and reported back to the client who completed the transaction.

28 Valuations Danos Greece was instructed by the China embassy in Athens to evaluate a building complex in P. Psychiko (one of the most expensive areas in Athens). Valuation of the NEAPOLIS SMART ECOCITY PROJECT in Paphos Cyprus. The project is an integrated urban, mixed-use scheme located on a 1.1 million sq m site, with an approved master plan for 520,000 sq m building coefficient of development. Danos Greece was asked to undertake the valuation of all Praktiker Retail stores in Greece as part of a Due Diligence process. Our company carried out all valuations and technical due diligence and reported back to the client. Also, Danos periodically performs valuations for the rental values of all Praktiker stores in Greece. Danos Greece was instructed by Hellenic Sugar Industry to perform valuation of a land plot and industrial complex in Serbia.

29 Valuations Danos Greece was instructed by the oil company CORAL as a retained valuer for their property portfolio in Greece. Danos Greece was instructed by AVIN OIL and CYCLON as a retained valuer for their property portfolio in Greece. Danos Greece was instructed by ELINOIL for the evaluation of 14 properties all over Greece.

30 Valuations Danos Serbia was instructed to prepare a valuation of Danos Cyprus is conducting valuations for SPE STROVOLOU. a floor of a mixed-use building on Cherni Vruh Blvd, Sofia.

31 Valuations Danos Serbia has been assigned for the evaluation of big residential complex of GBA 39,000 sq m (360 apartments + 40 retail premises) for Nelt Ltd company. The project represents residential complex which is currently under construction in Serbia. Danos Serbia was selected by Intermarche Group - Interex to perform valuation of their big box portfolio, including properties in several cities within Serbia and Bosnia and Herzegovina. Danos Serbia was selected by ELP Gas Station to valuate major gas stations of local fuel retailer in Serbia. Danos Serbia was instructed by Volvo Real Estate Sweden company to perform valuation of 1,711 sq m GBA trucks service centre for the client regarding potential acquisition of the property.

32 Valuations Danos Serbia has been assigned by Lutton Ltd. the evaluation of Benetton retail premises in the downtown of Belgrade. Danos Serbia was selected by Findomestic bank to perform valuations of asset portfolio in Serbia. Immocentar 2 Danos Serbia was instructed by Veropoulos to perform valuations of two retail big boxes of Veropoulos located in Belgrade. Both assets have GBA above 6,000 sq m. Danos Serbia was selected to evaluate property of Immocentar Two Ltd. It is a 11,500 sq m NLA big box in Belgrade.

33 Valuations Danos Serbia was selected to evaluate big box retail space of 3,000 NLA in Novi Sad for Tus Ltd. Danos Serbia was selected to evaluate land for the purpose of the land conversion from the right of use into the right of ownership. This case was the first case of the succeeded conversion after New law of spatial planning had came into force. Danos Serbia was selected to perform valuation of the Hotel Union in Belgrade. Hotel has 2,800 sq m Danos Serbia was selected to evaluate Volksbank asset portfolio in Serbia. GBA.

34 STUDIES

35 Studies Danos Greece is a member to a consortium for the significant project of the Hellenic Republic Asset Development Fund. The 1 st phase of the project is involved with the pre-screening and selection of properties from the massive public volume. The 2 nd phase is involved with evaluating each potential project and providing planning consultancy, while the third phase is concerned with the commercialization of those assets. Also, Danos Greece was instructed by the HRADF for the valuation of rents in 28 public property throughout Greece, which will be sold through the process sale & lease back. Valuation of the public market of 20 properties throughout Greece, which will be sold via online auction to the highest bidder. Recently, Danos Greece in collaboration with Happold Consulting S.A. took over as Real Estate Consultant at Hellenic Republic Asset Development Fund the exploitation of HELLINIKON. HELLINIKON is the largest unexploited piece of real estate in Europe in the urban fabric and a project of international standards and requirements. The task involves costing of construction, evaluation of the various proposed uses at the proposed rental rate / sale / rate of absorption from the market, as well as recommendations for optimizing the recovery process and the project in general.

36 Studies Danos Greece undertook market research and carried out a feasibility study for the possibility of exploiting two properties in Athens owned by EOMMEX (Hellenic Organization of Small and Medium Sized Enterprises and Handicraft). Danos Greece was instructed to identify and evaluate all possible scenarios concerning client s current and future location in Athens. The first phase was related to the negotiation with the landlord in order to exploit the possibility to reduce monthly rent. This phase was successfully completed by reducing first years rent by 15% and the sign of an updated lease agreement declaiming better conditions for our client. Hermes Consortium instructed Danos Greece to carry out a Real Estate Plan for the Larnaca International Airport. This was made in order to enable HERMES to create a real estate business plan for the period after the existing airport ceases to operate so as to maximize its real estate returns from the opportunities generated by the operation and location of the new Larnaca airport. Danos Greece undertook market research for a possible relocation of the headquarters of HELLENIC PETROLEUM in Athens.

37 Studies Danos Greece was exclusively instructed by the Karaiskaki SA for a study that aimed to investigate and evaluate alternative development proposals commercial gallery, total 6,700 m², always aiming at the optimization of the object and its commercial success through integration of all leases and proper sitting existing and / or potential future users. Danos Greece worked as an independent consultant and undertook on behalf of the Gymnastic Association HERCULES the valuation and study of the optimal utilization of land ownership of the club in Mikra Thessaloniki. The purpose of the study was safeguarding the interests of the Gymnastic Association HERCULES and the best possible use of land owned. Danos Greece completed successfully feasibility study for OKAA (Athens Central Market Organization S.A.). The study included scenarios of the market s relocation as well as expansion of its services in order to make the Organization more profitable.

38 Studies Danos Greece undertook on behalf of OLYMPIC PROPERTIES the study for the most optimal growth of the Olympic installations in the area of Goudi, with surface area of 450,000 sq m. Danos Greece undertook on behalf of Thessaloniki Port Authority S.A. the valuation and the optimal study utilization of two land plots, owned by the company on the road Kountouriotis in the center of Thessaloniki. Each plot was examined individually and based on the specific features and the permitted uses that emerged from the Urban Planning Survey. Danos, also, undertook the role of Expert Consultant in the creation and execution of a tenders process, in cooperation with MILLENNIUM BANK and KPMG, for finding and assigning to potential candidates, through granting the exploitation of the Olympic property located in Agios Kosmas (Sailing Centre). Also, Danos Greece was instructed by Thessaloniki Port Authority S.A. to carry out a study of determining the fair value of trade-offs given in Thessaloniki Port Authority S.A. because of the actual damage from the construction of the submerged tunnel.

39 Studies Danos Serbia was selected to execute market study regarding location and legal analysis for installment of RMC units in undisclosed area. The task was done for one of the major cement manufacturers in Serbia Titan. Danos Serbia was selected to make the Business plan for the development of the retail shopping park in Jagodina, one of the most prosperous and growth cities in Serbia. Danos Cyprus is acting as a consultant for The University of Cyprus regarding the best ways of exploitation of its properties.

40 SHOPPING CENTERS RETAIL PARKS

41 Shopping Centers Retail Parks/Sales Danos Greece introduced FLORIDA 1 to Pradera and completed the transaction on their behalf. We undertook the market research and the technical due diligence. Danos acted also as project managers for the legal and tax due diligence as well as for construction works of the project.

42 Shopping Centers Retail Parks /Studies Ford KARARIZOS ΑΕΒΕ Danos Greece was selected by KARARIZOS GROUP to provide consulting services for the development of a shopping center in Chalkida. The services include feasibility study, letting - selling agency for the scheme for its promotion as a complete investment product. Danos Greece were appointed as property consultants to PICAR for the development of a commercial and retail center on Panepistimiou Ave. in Athens. The question was how best to redevelop the 58,000 sq.m. building to maximize returns for PICAR, the occupiers and the users. Danos Greece acted as a special consultant for the planning and construction of a profitable development in Lefkas island. The project involved the construction and management of a marina and also the exploitation of commercial retail and residential uses.

43 Shopping Centers Retail Parks / Sales & Leases Danos Greece was selected by PASAL DEVELOPMENT to provide initially site valuation & feasibility study for the construction of Athens Heart shopping center. The second phase included the tenancy mix exercise and signing of leasing agreements. The Shopping Center begun its operation in December Danos Greece was selected on an exclusive basis to provide consulting services for the development of Pantheon Plaza in Larissa. These services included the investigation of the development framework, design layout and tenancy mix analysis, property management and letting - selling agency for the scheme. The centre is now in operation. We have also concluded negotiations with various investors which resulted in the sale of the scheme to SONAE SIERRA/ROCKSPRING. Danos Greece and Cyprus has been commissioned by Shacolas Group for the promotion of the Shopping & Entertainment Park in Nicosia Cyprus. The centre has been totally leased. Indicative tenants are Ikea, Debenhams, Carrefour, Public, Intersport and Zara. Danos Greece undertook and successfully completed the lease of shops (big box and shopping arcade) of the Commercial Park Flamingo Retail Park, in Xanthi. The retail park has a total area of 16,000 sq m and hosts stores from the food industry, electrical, DIY Shops and small stores of clothing and footwear.

44 Shopping Centers Retail Parks / Sales & Leases APN / UKA Danos Greece was chosen by APN / UKA to provide advisory services in Greece under its interest to invest in commercial real estate. Danos Greece has identified and secured an opportunity for APN / UKA, City Gate shopping centre in Thessaloniki. We carried out due diligence for the transaction (market worth 64 million ) and have been assigned Asset Managers and exclusive Leasing Agents thereafter. We have completed the task. Danos Greece was selected to provide consultancy services for an under development shopping centre in Ioannina and furthermore to act as an agent for its disposal in the market for leasing, as well as an investment opportunity. The Market and Feasibility studies have been successfully completed. The project has been sold to Sonae Sierra / RockSpring. Danos Serbia, was selected on an exclusive basis to provide consulting services for the development of Aviv Arlon s Retail park in Pancevo. These services included tenancy mix analysis and letting - selling agency for the scheme. First phase of 4,500 sq m is leased to DIS, Serbian supermarket chain, which is opened and working. Also, Danos Serbia leased cca 7,000 sq m to tenants (JYSK, Amatti, Golden Rose, Deichmann, Takko) in second phase of Retail Park. Construction of the third phase will start soon.

45 Shopping Centers Retail Parks / Property Management Danos Greece has been assigned by VIOHALCO the property management of the New Kifissos Shopping Centre RIVER WEST. Pre-opening systems and procedures involve Design layout / Tenancy mix analysis / Common expenses analysis / Operations Regulations- Manuals, etc. IKEA (store surface 25,000 sq. m.), next to the project, opened in March 2008, while the Shopping Center has recently begun its successful operation.

46 AGENCY SALES/LEASING/INVESTMENT

47 Agency / Sales Leasing - Investment Danos Greece acted on behalf of Pangea REIC to identify investments opportunities in Greece. Danos identified a listed building, where Cervantes Instituto in Center of Athens was the tenant, assisted the client through an intensive biding procedure, negotiated and concluded the transaction. Danos Greece acted as an exclusive real estate consultant for the sale of the HQ of BNP PARIBAS in CBD, Athens. Danos disposed the property successfully (to an Argentinean fund) within the defined timeframe.

48 Agency / Sales Leasing - Investment Danos Greece acted as an exclusive real estate consultant for SIEMENS, through the support of the International dept. The company wanted to relocate its offices, sell the existing premises in Marousi, as well as a property owned by a subsidiary firm of Siemens, SEN. Danos sourced an opportunity and concluded a lease agreement for the client, as well as disposed both properties successfully and within the defined time frame. Danos Greece was instructed to promote a portfolio of office buildings in Romania, and more specifically in Bucharest, Craiova, Brasov and Bacau. Through the international Dept. the portfolio was successfully promoted to the Greek as well as the international market and effectively sold to a group of Greek investors.

49 Agency / Sales Leasing - Investment Danos Greece acted on behalf of a Group of Greek Investors to identify an investment opportunity in Greece. Our company identified Carrefour hypermarket in Ampelokipi, assisted the client through an intensive biding procedure, negotiated and secured the transaction. The property was sold for 29.9million euro's offering a gross yield of 7.1%. Danos Greece has been instructed by the company to dispose in the market two buildings located in the industrial zone of the north side of Athens of total surface of 15,000 sq m. The project has finished and the total selling price was 12.2 m Euros. Danos Greece took up and concluded the sale of PORTO HELI hotel (1st class hotel with 210 rooms) to Cypriot businessmen at the price of 4,7 m.

50 Agency / Sales Leasing - Investment Danos Greece acted as an exclusive agent for ING for the successful sale of 8 properties in N. Smirni, Glyfada, N.Ionia, Pagrati, Cholargos, Patisia, centre of Athens and Thessaloniki. Danos Greece is acting as an exclusive agent for Hellenic Petroleum for the sale of 2 properties (1 building in Kifissias Avenue and office space in Athens tower building) in Attica. Danos Greece is listed in the selection table of EDEKT (EDEKT Asset Management provides investment & fiduciary management services to Greek public pension funds) regarding agency. Danos Greece undertook the carrying out of a bidding tender for the sale of 143 properties owned by Hellenic Red Cross. Danos had previously valuated the subject portfolio.

51 Agency / Sales Leasing - Investment Danos Greece acted as an exclusive real estate consultant for SEN, regarding their relocation process. Danos evaluated the current premises, proceeded with a market research according the defined criteria, tried to renegotiate the lease with the current Landlord and in the same time sourced an alternative option. SEN decided to move on with the new option and Danos completed the case successfully. Danos Greece acted as an exclusive real estate agent for Nokia Siemens Networks regarding their office rationalization process. DANOS evaluated the current premises, proceeded with a market research according the defined criteria and renegotiated successfully the lease with the current Landlord. Additionally, an extra space of 2,000 sq. m. was leased in the same building complex, needed for future expansion purposes of NSN.

52 Agency / Sales Leasing - Investment Danos Greece was instructed by the company to search for available options in Athens market for office relocation. We concluded an agreement at the best possible terms and also provided legal due diligence services.

53 Agency / Sales Leasing - Investment Danos Greece was instructed by the company to search for suitable options in Athens market (Maroussi business area) for office relocation. Danos proceeded with a market research according the defined criteria, identified a suitable option and completed the case successfully. Danos Greece was instructed by the company to search for suitable options in Athens market (Athens CBD) for its Head office relocation. Danos proceeded with a market research according the defined criteria, identified a suitable option and completed the case successfully.

54 Agency / Sales Leasing - Investment Danos Greece was instructed by COMVERSE to search and lease office space. The lease was successfully completed whereas the suitable option was in a building owned by DIETHNIS TECHNICI (Babis Vovos). Danos Greece was instructed by LENOVO to search and lease office space. The lease was successfully completed and the suitable option was at Kifissias Avenue. Danos Greece was instructed by the company to search for suitable options in Athens market (K. Kifissia area) for office relocation. Danos Greece was instructed by the one development company to lease the 3,000 sq m office building in central Athens. The lease transaction was successfully completed whilst the lessee was Regus.

55 Agency / Sales Leasing - Investment Danos Greece was instructed to undertake the sale/lease of an industrial unit (10,000 sq m) owned by FRAKAPOR. We leased the property to ROSWALD LTD and the company subleased the logistics to FRIESLAND FOODS HELLAS. Danos Greece was instructed by AMGEN to search for suitable options in Athens for office relocation. We successfully completed the project. Danos Greece was instructed by KELLOG S to search for suitable options for office so as to establish its central offices in Athens. We successfully completed the project and the company proceeded with the lease of offices at Kifissias Avenue. Danos Greece undertook the lease of office space in north suburbs of Attica for SUN MICRO SYSTEMS.

56 Agency / Sales Leasing - Investment Danos Greece was instructed by Scottish & Newcastle to search for suitable options for office relocation for Mythos Brewery. The company was successfully relocated to a newly constructed building in Spata. Danos Greece is working with the Italian Embassy as a Tenant Representation for Office and Residential Solutions. Market Leading Consultancy Firm Danos Greece was exclusively instructed by a Market Leading Consultancy Firm to search for suitable options in Athens for office relocation. The project was completed with the company s relocation to a property of 2,500 square meters in Athens. Danos Cyprus has acted as a leasing agent on behalf of the American, German, Egyptian, Libyan, European Committee, and United Nations diplomatic missions in Cyprus.

57 Agency / Sales Leasing - Investment Danos Greece was instructed by the Mitem Pieralisi to find a suitable space in order the company to carry its clerical and warehousing facilities in a building in Athens. We leased them a mixed-use building on the National Road Athens Lamia Danos Serbia was chosen by BRIKO SPEC Ltd., to find a suitable space for new Mr. Bricolage department store in Novi Sad. We leased them an object of 2,400 sq m. This is the second store of Mr. Bricolage in Serbia.

58 Agency / Sales Leasing - Investment Danos Serbia leased apartment of 160 sq m in residential diplomatic area of Belgrade Senjak, to Marketing Manager of Telenor Serbia. Danos Serbia leased 280 sq m house to the Embassy of USA for residential purpose. Danos Serbia leased an apartment of 200 sq m to the President of Eurobank EFG Serbia. Danos Serbia relocated Slovenian Embassy premises to renovated villa in Dositejeva Street, in the very center of Belgrade. The building of 600 sq m has an important historical background.

59 RETAIL EXPANSION

60 Retail expansion Danos Greece was instructed by the company to identify new locations for its retail network. We have already signed 2 leasing contracts, while we are negotiating for 10 more options. Danos Greece was instructed by the company to identify new locations for its retail network. We have already signed 4 leasing contract, while we are in negotiations for 6 more options.

61 Retail expansion Danos Greece was exclusively instructed and completed the retail expansion of branches of Millennium Bank. The first phase included market Danos Greece was instructed by the company to identify new locations for its retail network. We are negotiating 12 options. research, negotiations and finalization of the agreement for the first 48 stores. The second and third phase included the search of 65 new stores throughout Greece and was completed successfully. Also, Danos undertook and completed successfully the renegotiation of leases for approximately 90 branches of the Bank.

62 Retail expansion Danos Greece was exclusively instructed by the company to expand its retail banking network. The 1 st phase incorporated negotiation support and transaction completion of 5 retail branches in Attica. Danos Greece instructed by the company to identify new locations for its retail network. We have already signed leasing contract for a branch in Thessaloniki (CITYGATE Shopping center). Danos Greece was instructed by the company to identify new locations for its retail banking network. We have already signed the contracts for 3 branches. Danos Greece was instructed by TALLY WEIJL to identify new locations for its retail network. We have already signed 1 leasing contract for a retail unit in Thessaloniki (CITYGATE Shopping center).

63 Retail expansion Danos Greece was instructed by the company to identify new locations for its retail network. There have been 2 leasing contracts for stores in Athens. Danos Greece was instructed by the company to identify new locations for its retail network. Moreover they want to relocate existing retail shops. They have already signed 5 leasing contracts. Danos Greece was instructed by the company to identify new locations for its retail network. We have already signed 1 leasing contract, while we are in negotiations for 4 more options.

64 Retail expansion Danos Serbia was instructed by JYSK to expand its retail network throughout the country. JYSK signed contract for retail space in Retail park Pancevo (1,200 sq m), in Novi Sad (1,250 sq m), in Subotica (1,200 sq m) and in Indjija (1,350 sq m). Danos Serbia was instructed by Briko Spec Ltd. to expand its retail network throughout the country. Danos leased a 2,400 sq m space in Novi Sad for the second shop of Mr. Bricolage in Serbia. Danos Serbia was instructed by PTP DIS Ltd. to expand its supermarket retail network. Danos leased 4,500 sum retail unit for DIS in Retail park Pancevo, and signed contract for another 4,500 sq m supermarket in Aviv Arlon s residential project Aviv Gate in Belgrade.

65 RENEGOTIATION OF LEASING CONTRACTS

66 Renegotiation of leasing contracts Danos Greece was instructed to renegotiate the leasing contracts of the retail company. We have successfully completed the assignment, renegotiating 4 contracts in Greece. Danos Greece was instructed to renegotiate the leasing contracts of the fashion group. We have successfully completed the assignment, renegotiating 12 contracts in Greece.. Danos Greece was instructed to renegotiate the leasing contracts of the largest food chain in Greece. We have successfully completed the assignment, renegotiating more than 27 contracts in Greece. Danos Greece was instructed by the Aegean petroleum company to renegotiate the leasing contracts. We have already completed the renegotiations for 4 leasing contracts.

67 Renegotiation of leasing contracts Danos Greece was instructed to renegotiate the leasing contracts of the banks branches. We have successfully completed the assignment, renegotiating 12 contracts in Attica. Danos Greece was exclusively instructed by Gregory s Mikrogevmata to renegotiate the leasing contracts of the company. We have already completed the renegotiations for 27 leasing contracts.. Danos Greece was instructed by Media Strom to renegotiate the leasing contracts of the company. We have already completed the renegotiations for 25 leasing contracts.

68 PROJECT MANAGEMENT

69 Project management Danos Greece undertook the project management of the building renovation owned by the Supplementary Insurance Fund for Public Employees (T.E.A.D.Y.) on Filellinon Str., Syntagma.

70 Project management Danos Greece undertook project management services for Sun Microsystems. We completed the Design, fit-out and relocation of HQ Offices. Danos Greece was exclusively instructed by Nielsen to provide project management services. Danos also undertook the relocation of Nielsen central offices (Singrou Av.) in Athens. Danos Greece was selected by Royal Bank of Scotland to act as Project Managers for the refurbishment of RBS's headquarters in Piraeus. Danos Greece was exclusively instructed by PITA PAN to provide project management services for the fit out of a chain of 7 fast food restaurants in Athens.

71 Project Management Consulting services in the construction of the parking garage of GBA 12,500 sq. m. in Belgrade for Client SK GLOBAL Ltd. This is the first private garage in Serbia.

72 RICS Certificate(Royal Institution of Chartered Surveyors) RICS Certificate for services provided by Danos Group

73 New Certificate Danos Greece Ministry of Finance Registry of Certified Valuers

74 Prize awarded by BNP PARIBAS REAL ESTATE Danos company was awarded the prize for being the best partner of BNP PARIBAS RE Network for the period

75 Indicative reference letter

76 Contact GREECE Athens 15 Vouliagmenis Ave., Τel: Fax: office@danos.gr Thessaloniki 4 Ionos Dragoumi Str., Τel: Fax: info.thes@danos.gr Crete - Chania 3 Iroon Polytechniou Str., Τel : Fax: info.crete@danos-melakis.gr CYPRUS Nicosia 35 I. Hatziiosif Ave., 2027 Strovolos Τel: Fax: sales@danos.com.cy Limassol 69 Gladstonos Str., 3040 Acropolis Centre, Shop 10 Τel: Fax: limassoldanos@danos.com.cy Crete - Heraklion 38 Aretousas Str., Tel.: Fax: info.crete@danos-melakis.gr SERBIA Belgrade 3 Spanskih boraca Str New Belgrade Tel.: Fax.: office@danos.rs

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