EUROPEAN FOCUS ALLOW US TO SHARPEN YOUR VIEW. An Introduction to European Valuations. Newmark Knight Frank Global

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EUROPEAN FOCUS ALLOW US TO SHARPEN YOUR VIEW An Introduction to European Valuations Newmark Knight Frank Global

The Service provided Our European Valuations team has an excellent track record in implementing and coordinating European portfolio and individual asset valuations. Pan European instructions are managed centrally in London giving you a central point of contact, with access to over 50 valuers in continental Europe. Our London based team is managed at partner level with international expertise in Pan European bank finance and fund valuations. Through the Knight Frank European network, we give you access to additional services such as: Specialist valuations teams including healthcare, hospitality and loan servicing. German Mortgage Lending Valuations across Europe. European cross border capital markets investment and leasing teams. Research giving you in-depth knowledge and advice in your market. A sustainability consultancy team to advise you on sustainable development, carbon reduction and impact on value. Knight Frank has worked with Invesco for many years in the UK and across Europe, and provide valuations for a number of our funds. We have always appreciated the combination of their local expertise and central coordinating team, enabling us to obtain informed views on current market conditions and prospective acquisitions. Rory Morrison Senior Director Fund Management Invesco We have 48 offices across 16 countries, with 2,370 staff in the UK & continental Europe

The Central Team By combining the skills of our core European Valuations team with our European offices, who have leasing, agency and capital market teams covering their local markets, we give you a high quality, personalised service. Here we introduce the key contacts in our European Valuations team based in London, who are responsible for implementing and coordinating Pan European instructions. THE CENTRAL TEAM HAS LANGUAGE SPECIALISTS INCLUDING FRENCH, GERMAN AND SPANISH Nick Powlesland, FRICS Head of European Valuations Over 10 years experience and in-depth knowledge of European markets Has worked in all major European markets Overall management of Pan European instructions Central client contact for major valuations nick.powlesland@knightfrank.com T +44 (0)20 7861 1283 Daniel Woodhouse, MRICS Partner, European Valuations Leads dedicated European fund valuations team Co-ordinates European fund valuations instructions Specialist in German fund valuations daniel.woodhouse@knightfrank.com T +44 (0)20 7861 1560 Rachel Wright, MRICS Partner, European Valuations Leads dedicated European bank finance team Co-ordinates European bank finance instructions Fluent French speaker rachel.wright@knightfrank.com T +44 (0)20 7861 1295

The European Network Prime Rents ( /sq m/yr) Prime yields (%) 3 Offices 6 9 12 Shopping Centres Logistics Countries we have offices in Offices Countries we also cover Moscow 954 1,530 107 3,000 65 Dublin 323 London 1,239 (West End)/716 (City) 5,893 Amsterdam 340 161 WE C 1,000 58 1,020 66 1,250 65 warsaw 300 Brussels 275 frankfurt 432 1,500 75 2,000 52 paris 830 prague 246 840 51 750 55 528 72 Milan 520 Madrid 312 Source: Knight Frank Research; Summer 2012 A market leader in European Valuations

Track record A selection of our latest instructions. we have Specialist fund & bank valuation teams France 54 avenue Montaigne, Paris Sector Mixed (Offices and Retail) Size 2,354 sq m Purpose Loan valuation Hungary Dorottya Udvar, Budapest Size 28,500 sq m Belgium Keyser Centre, Antwerp Sector Shopping Centre Size 4,903 sq m Italy Sesto San Giovanni, Milan Size 6,300 sq m germany Gänsemarkt, Hamburg Sector Retail Size 12,551 sq m Purpose Fund acquisition Germany Cologne Size 6,040 sq m Purpose Secured lending France 148 rue de l Université, Paris s Size 10,302 sq m Purpose Acquisition 9 SWEDEN Jönköping Sector Logistics Size 45,500 sq m Purpose Fund revaluation Spain Ribera del Loira, Madrid Size 9,700 sq m 10 Poland Crown Square, Warsaw Size 16,306 sq m

Our Clients Over the years we have built an excellent track record in attracting and retaining major international clients. our european network FUNDS Pan European fund clients include: ADIA Alpha Real Capital AXA REIM Canada Life Custom House Capital Dinu Patriciu Global Services Fidelity HVB Sud Europa iii Fonds Internos Real Investors Invesco MGPA Pramerica Raiffeisen Capital Management Scottish Widows TIAA/CREF UBS WP Carey BANKS We undertake bank and debt servicing valuations for a number of major banks including: Aareal Barclays Bank Capita Citibank Credit Agricole Deutsche Bank DG Hyp Eurohypo Europe Arab Bank Hatfield Philips Helaba Goldman Sachs JP Morgan LBBW Morgan Stanley Natixis PBB Bank WestImmoBank Austria Belgium Czech Republic France Germany Ireland Italy Netherlands Poland Portugal Romania Russia Spain Switzerland Ukraine United Kingdom We have Full agency capabilities in European offices for leasing and investment

The Knight Frank network consists of Knight Frank LLP and its direct subsidiaries which provide services in the UK and an international network of separate and independent entities or practices providing services internationally. Office statistics as at January 2012. Newmark Knight Frank Global 1923 aug12