Grivalia Properties

21.10.2016

Piraeus. The “new port” development, a unique regeneration opportunity. Challenges and implementation

The leading Greek Real Estate Group with AUM c.€1bn

Grivalia Properties overview

Grivalia Properties

• c.€60m committed equity & additional €100m soft commitments

• Plans to inaugurate a high-end hotel and resort portfolio of tourism

properties in Greece & abroad

• Project guided by value investment philosophy

• AUM c.€950m - invests mainly in prime commercial real estate

• Active in Greece, also present in Serbia & Romania

• Tenant base comprises blue chip multinationals & local champions

e.g. BofA, Blackrock, Marks & Spencer, L’Oreal, H&M, Procter&Gamble

Grivalia Hospitality

Our philosophy

• Create value for our shareholders, our people, society

GREEK

Prime commercial real estate: offices, mixed-use assets, retail units, big boxes, logistics

• Sale & Leaseback

• Purchases & Forward purchases

• Hospitality sector

• Sustainability

• Development projects & urban re-generation

INVESTMENT

VALUE

• Our origin & spirit are, and will remain, Greek

Project Vomva overview

The project • Major re-development in the heart of Piraeus

• Urban block comprising ex-industrial warehouse facilities

• Asset located in close proximity to the port of Piraeus

• To be transformed into 10,5k sqm prime offices with additional U/G areas

of 4,6k sqm

Investment approach (1/2)

Municipality • Mayor & municipality board committed to re-generate the area and

create value for the local community

• Welcoming private investments

• Win-win relationship between public and private sector

• One of the most famous brands of Piraeus

• More than 100 years of history

• A legacy to be preserved in the future

Papastratos

Developer • Solid track record

• Strong & innovative engineer teams

• Credibility - high accuracy of delivery

• Excellent understanding of our needs

Investment approach (2/2)

COSCO - HRADF

• Completes the puzzle

• Brings the required equity to the table

• Despite increased taxation and market instability, we persist in investing

• Win-win project for everyone, creating value for

shareholders,

other engaged parties and, most of all,

Piraeus’ residents

Grivalia

• Privatization creating significant growth potentials

• COSCO will re-design the port & surrounding area

• Total investment of c.€300m

Project designs

Grivalia Properties

Thank you!