Key Facts and Figures:

> Team of 40 professionals located in 3 countries
> € 1.3 billion worth of assets (acquisitions and developments)
  - Investments in Bulgaria, Czech Republic, Poland, Romania, Slovakia and Turkey
  - Investments in retail, office, industrial and residential assets
> Recognized as the leading investor in Non- Performing Loan portfolios in the region
> Asset management
  - € 1.1 billion of acquisitions
  - € 200 million of development projects

Investments

2009

• Closed second part of the joint venture on Mall of Plovdiv in Bulgaria, currently 50% owner with Quinlan Private.
• Completion of 1st phase of logistics development at Sofia Airport Center, Bulgaria.
• Completion of 1st phase of Brasov development as part of Olympian logistics network in Romania.
• Delivered last phase of 1,200 unit residential development in Prague under Orco joint venture.
• Closed Liberec Retail Park and Kolin Shopping Center forward funding deals developed by TK Development in the Czech Republic.

• Acquired Silver Forum, a class A office building in Wroclaw, Poland.
• Completion of the 1st phase of development of Explora Business Center, a class A business park in Prague, Czech Republic.

• Closed 12 transactions with a total investment value € 1.6 billion.
• Acquired 25% of Mall of Plovdiv in Bulgaria.
• Formed a 50-50 JV with Tishman International to develop a 115,000 m² class - A office park, Sofa Airport Center.
• First investment in Romania totalling € 175 million, consisting 7 distribution warehouse developments, in a joint venture acquisition with Helios- Phoenix.
• Acquired ICKM Real Estate, consisting of high quality residential developments in the Czech Republic, in a joint venture with Crestyl.
• Acquired an additional 25% stake in a portfolio of 7 retail galleries anchored by Real Hypermarkets in Poland.

• Acquired 14 Real hypermarkets in Poland, increase of share in Bulgarian shopping center (Mall of Sofia) and acquisition of 2 shopping centers in Slovakia, with a totol value of € 640 million.
• Acquired a 50.98% stake in the publicly listed real estate investment trust, Garanti Gayrimenkul Yotirim Ortakligi A.Ş (the “Garanti REIT”), in a joint venture with Dogus Holdings.

• Acquired 5 real estate properties (retail and industrial) with a combined value of € 220 million in the Czech Republic, Poland, Bulgaria and Slovakia.
• Non-performing loan investment of € 45 million in the Czech Republic.

• Opened an office in Poland.
• Started 2 residential developments and acquisition of Rudna Logistic Park (Prague) totalling € 100 million, via the Heitman Fund.

• Invested in 2 large retail portfolios totalling € 310 million, consisting of 12 shopping centers (anchored by retailer Casino) located in Poland and 4 shopping centers (anchored by Carrefour) located in the Czech Republic.

• Acquired a Buda Square Office building in Budapest, Hungary.
• Acquired € 200 million of office and industrial buildings in Prague and Warsaw, via the Heitman Fund.

• Invested € 50 million of equity in Heitman Fund to focus on office, retail and industrial acquisitions

• Formed GE Capilal Golub, a joint venture with an American developer, Golub, to focus on developments and property management across Central Europe.