A VISIONARY APPROACH TO PROPERTY DEVELOPMENT PROJECTS

A VISIONARY APPROACH TO PROPERTY DEVELOPMENT PROJECTS

TABLE OF CONTENTS INDHOLD 2...Table of contents 3... Innovater 4... Project from A to Z 5...Project development 6-7...Mixed-use Projectss 8... Standard Projects 9...Projects 2006-2017 10-11...Contact information 2

INNOVATER INNOVATER Among Denmark s most experienced property developers, the people behind Innovater have particular expertise in the retail property sector. At Innovater, our track record since 2008 covers more than 87,000 sq.m. distributed on 80 different projects for clients across Denmark. Thanks to our strong and highly-skilled network, we can always muster the most qualified team for the job. Innovater always maintains project and management control throughout the entire project. While we work very closely with retail chains, we also manage projects involving new construction and refurbishment of local and mid-sized retail centres, housing projects and urban development projects combining retail, commercial and residential units. Innovater s ambition is to be the preferred partner of retail chains and investors. We meet the preferences of retail chains and investors by consistently developing our services and capabilities, so we can continue to provide the best solutions and the best locations for our clients. 3

PROJECT FROM A TO Z Idea generation Project development Sale to investors FINANCING BUYING- LAND PROJECT DEVELOPMENT WHEEL Construction Management SALE TO INVESTORS LEASES AUTHORITIES Financial management Letting THE PROJECT FROM A TO Z Innovater styrer hele den komplicerede proces, startende med en bar mark eller en træt ejendom til et færdigt projekt med nye butikker og infrastruktur. 4 Innovater manages the entire complex process starting with a green field site or worn-down property and seeing the project through until completion with new shops and infrastructure. A project typically starts with an exploration aimed at identifying a potential project. Innovater prepares an analysis of the area with respect to customer basis, competition and traffic flow. Authorities Our highly experienced team is fully capable of running the entire process from the initial meeting with the land owner, to dealing with local planning, zoning, drafting contracts with company-owned retail chains and until closing of the sale to the end investor. We work very closely with partners and clients through the entire project stage. Our commitment to quality is our top priority whether working on an owner-driven single property project or on a multiple property project for a large professional international investor. Our role at Innovater is to manage the entire process, interacting with each stakeholder, as illustrated in the property development wheel. This ensures that we can complete each project to everyone s full satisfaction. Retail chains Project presentations to retail chains and drawing up leases is another main area that Innovater handles. We have the skills and knowledge in-house needed for this particular part of the process. We pride ourselves in providing the highest quality information to our clients for their decision making when they contemplate opening a new shop. The construction phase In the construction phase, we work with a small number of highly experienced contractors. Our business partners know the retail chains and they understand the high standards demanded. Quality and time are key parameters of project development. This is why Innovater is involved every step of the way, whether we are the builder or have sold the project. In other words, Innovater takes responsibility for the fulfilment of all agreements and ensures that the end-product delivered to the retail chain and the investor is of the highest quality.

PROJECT DEVELOPMENT PROPERTY DEVELOPMENT Innovater develops and sells property projects in Denmark, focusing mainly on the grocery retail market. Our highly experienced team is fully capable of running the entire process from the initial meeting with the land owner, to dealing with local planning, zoning, drafting contracts with company-owned retail chains and until closing of the sale to the end investor. We work very closely with partners and clients through the entire project stage. Our commitment to quality is our toppriority whether working on an owner-driven single property project or on a multiple property project for a large professional international investor. Our role at Innovater is to manage the entire process, interacting with each stakeholder, as illustrated in the property development wheel. This ensures that we can complete each project to everyone s full satisfaction. Innovater desires to work with repeat business partners in order to optimise and enhance our end product through share learning and collaboration. Our objective at Innovater is to provide perfect turnkey retail premises allowing our tenants to concentrate on welcoming happy customers. By regular business partners, we mean everyone involved in the entire project: contractors, advisers, tenants, financial partners and, not least, the end investors. We always demand high standards from our business partners, but none higher than the standards we demand from ourselves. That way, we ensure that we can always deliver high quality projects within the agreed timeframe. Increasingly, our focus is on large-volume projects involving local and mid-sized retail centres with grocery stores, other retail units, as well as commercial and residential units: Åbyen i Århus Total floor space of about 20,500 sqm., including a new retail store and 266 housing units. Snekkersten Developing 5,500 sqm with two grocery stores, a restaurant and 28 residential units with terraces. Bagsværd Developing 6,000 sqm of space, consisting of a new Netto supermarket, a new high street shop (professional services) and 28 housing units with basement parking facilities. 5

MIXED-USE PROJECTS MIXED-USE PROJECTS Hørsholm Developed and constructed a 5,000 m² newbuild project in Hørsholm s pedestrian street in cooperation with O. Adsbøll & Sønner. Project designed by Dorte Mandrup Arkitekter. The project consists of a 1,320 m² Netto store, 2,000 m² designated for Fitness dk and 12 residential units. Handover was spring 2016. The project will be prominently located along Rungstedvej and create much needed dynamics at the southern end of the pedestrian street. 6 Gilleleje About 5,000 m² in the heart of Gilleleje, including new Fakta and Irma retail stores, new Danbolig and Nordea branches and the town s new healthcare centre with medical services and a dental clinic. Six residential units sold off-plan to private home buyers some eight months before being ready for occupation. Our first residential project sale. The commercial part of the project was handed over to the investor in early 2014.

MIXED-USE PROJECTS MIXED-USE PROJECTS Åbyen Aarhus The site housing the old freight forwarding terminal at Søren Frichs Vej is being converted into a new residential area, and Innovater will be in charge of building a new 1,000 sqm Netto supermarket and 102 flats covering a total of 6,500 sqm. Another 164 family flats are also being built at nearby Lokesvej in the Åbyhøj district. Årstidernes Arkitekter have designed these residential units, which have a total floor space of 13,000 sqm. Trøjborg Centret Aarhus Innovater is partnering with NREP to develop Trøjborg Centret in Aarhus. Stage one involves an extensive modernisation of both interior and exterior areas. Stage two involves the development of residential units. The project is designed by Skovhus Architects. 7

STANDARD PROJECTS EXAMPLES OF OTHER PROJECTS Irma Greve Rema 1000 Vojens Fakta Kalundborg Aldi Randers jem&fix Gilleleje Carl Ras Ringsted KIWI Brøndby Netto Lyngbyvej LIDL malmparken KIWI Viborg 8

PROJECTS 2006-2017 PROJECTS, INNOVATER Navn By Vejnavn Antal m² Netto Avedøre Hjulmagerporten 1 1.150 Lidl Ballerup Malmparken 17 1500 Rema 1000 Ballerup Tårnets Kvarter 32 1.000 Kiwi Bjerringbro Brogade 1.000 Kiwi Brøndby Søndre Ringvej 41A 1.150 Fakta Brøndby Kærdammen 1.000 Fakta Frederikshavn Grundtvigsvej 1.000 Jem&Fix Farum Rugmarken 11 822 Fakta/Irma/bank/lægehus o.a. Gilleleje Peter Fjelstrups Vej 5.300 Aldi Grenå Søndergade 1.000 Irma Greve Greve Strandvej 750 Jem&Fix Hadsten Gammel Sellingvej 1.000 Fakta Havdrup Mølleparken 1.000 Fakta Holbæk Tåstrup Møllevej 1.000 Fakta Horsens Vejlevej 1.000 Aldi Horsens Sundvej 1.000 Fakta Hundested Nørregade 1.700 Rema 1000 Hundested Degnebakken 1.000 KIWI Hvidovre Friheden Butikscenter 1.600 Netto/Fitness DK/Lejligheder Hørsholm Hovedgaden 31 5.000 Netto Jyllinge Værebrovej 30 1.000 Rema 1000 Jonstrup Jonstrupvangvej 1.000 Fakta Kalundborg Elmegade 1.000 Netto + Tank Karrebæksminde Rønhave Parkvej 1.000 Fakta Kolding Fynsvej 1.000 Netto Kolding Hylkedalvej 1.000 Fakta Kolind Bredgade 1.000 Kontor København K Dronningensgade 500 Fakta Q København K Dronningensgade 540 Fakta København S Englandsvej 850 Rema 1000 Lind Hovedgade 1.000 Kiwi Kongens Lyngby Banegårdspladsen 1.000 Fakta Løgstør Bredgade 1.000 Lidl Malmparken Malmparken 17 1.500 Jem&Fix Middelfart Nyvangsvej 1.000 Fakta Måløv Østerhøj bygade 1.000 Irma Nærum Nærumvænge Torv 1.000 Irma Nærum 679 Kiwi Næstved Østre Ringvej 1.000 Fakta Næstved Præstøvej 1.000 Rema 1000 Odense N Anderupvej 1.000 Fakta Odense SV Faaborgvej 1.000 Fakta Odense C Rømersvej 1.000 Netto Odense S Syvhøjevej 1.000 Fakta Randers C Engboulevarden 1.000 Aldi Randers C Mariagervej 1.000 Netto Randers C Rådmandsboulevard 1.000 Rema 1000 Ribe Trojels Knæ 1.000 Fakta/Jem&Fix/Carl Ras o.a Ringsted Huginsvej 3.000 Rema 1000 Rødekro Østergade 1.000 Fakta Rødovre Rødovrevej 1.000 Rema 1000 Rønnede Vordingborgvej 1.000 Lidl Skanderborg Vestergade 1.000 Kiwi Skive Søndergade 1.000 Bolig Skive Søndergade 1.500 Jem&Fix Skælskør Træbjergvej 1.000 Fakta Skødstrup Grenåvej 1.000 Fakta Stege Østervangsvej 1.000 Aldi Tilst Runevej 1.000 Fakta Tommerup Møllebakken 1.000 Fakta Tølløse Industrivej 1.000 Jem&Fix Valby Gammel Køge Landevej 1.000 Fakta Vestbjerg Blomsterbakken 1.000 Netto Vejen Frederik den VIIs gade 1.000 Netto Viborg Vesterbrogade 1.000 Kiwi Viborg Vestervangsvej 1.000 Rema 1000 Viby Gammel Kongevej 1.000 Rema 1000 Vojens Hans Grams Vej 1.000 Fakta Vordingborg Ndr. Vindingevej 1.000 Netto Østerbro Lyngbyvej 32 1.200 Fakta/Netto/lægehus/5 småbutikker Ålsgårde Ålsgårdecentret 3.500 Jem&Fix Århus Chr. X vej 1.000 Fakta Årup Indre Ringvej 1.000 Samlet 87.241 9

CONTACT INFORMATION BOARD OF DIRECTORS Carl Erik Skovgaard Sørensen Chairman Claus Søgaard Poulsen Board member Finn Birkjær Board member Erik From Bestyrelsesmedlem WEST Michael K. Thomsen Development Manager Mobile: +45 29 71 86 90 mkt@innovater.dk Andreas Bagunck Developer Mobile: +45 25 31 86 70 ab@innovater.dk Søren Skovsbøl Technical Manager Mobile: +45 20 16 70 20 ss@innovater.dk Katharina Kirkegaard Project Assistant Mobile: +45 22 14 03 48 kk@innovater.dk Jonas Knakkergaard Investment Analyst Mobile: +45 70 26 70 10 jk@innovater.dk Hanne Nymark Legal Project Coordinator Mobile: +45 28 25 92 74 hn@innovater.dk Anders Nissen Accountant Mobile: +45 60 98 14 02 an@innovater.dk Tina Østergaard Executive secretary Mobile: +45 22 40 44 04 to@innovater.dk Marianne Overby Secretary Mobile: +45 60 13 32 52 mo@innovater.dk 10

CONTACT NFORMATION EXECUTIVE BOARD Morten Lykke CEO Mobile: +45 53 53 53 88 ml@innovater.dk Rikke Bjørn Sørensen Financial Manager Mobile: +45 27 57 76 42 rbs@innovater.dk EAST Peter Søgaard Chief Development Officer Mobile: +45 60 13 53 90 ps@innovater.dk Mahad Farah Development Manager Mobile: +45 26 24 91 25 mf@innovater.dk Søren Heron Project Manager Mobil: +45 20 10 25 49 she@innovater.dk Poul Siig Technical Manager Mobile: +45 60 13 04 94 psi@innovater.dk Andreas Winkler Project Manager Mobile: +45 30 31 34 39 aw@innovater.dk Ditte Birkjær Boll Developer Mobile: +45 26 80 88 04 db@innovater.dk Susie Hansen Secretary Mobile: +45 29 90 65 56 sh@innovater.dk 11

Innovater Vest Marselisborg Havnevej 56, 2. sal DK-8000 Aarhus C Tlf. 7026 7010 Innovater Øst Dronningens Tværgade 9B, 1. sal DK-1302 København K Tlf. 7026 7010 info@innovater.dk www.innovater.dk CVR: 30 51 70 75