investment opportunity - feniks business centre

Colliers InternationalCroatia, Slovenia and Bosnia & Herzegovina+ 385 1 488 6280

Filip Vučagić, MRICSPartner I [email protected]

Filip Dumbović[email protected]

INVESTMENT OPPORTUNITY - FENIKS BUSINESS CENTRE - LJUBLJANA, SLOVENIA





KEY INVESTMENT HIGHLIGHTS

Ownership 100% Raiffeisen Leasing

Address Letališka cesta

Vacancy <1%

Plot area 16,480 m²

Number of tenants 27

NLA 14,632 m²

WAULT (as of 1.4.2019) 3.38 years (with prospect of increasing)

Annual Rental Revenue >2,280,000.00 EUR

Parking spaces 633; 334 in underground garage,299 outside parking spaces





OFFICE BUILDING IN LJUBLJANA

FENIKS BUSINESS CENTRE is regarded as one of the best multi-tenantoffice assets in Ljubljana and in Slovenia in general. It was built in 2012 and stands at nearly 100% occupancy.

The property could be regarded as a Core Plus Investment with stable,predictable cash flow and relatively low risk. There is also a Value-add componentto it, which enables increase in NLA by constructing additional floors on themiddle and north building as well as adding new floor area by adding amezzanine in two of the buildings (around 1.000 m²).

MAIN TENANTS:





MACRO LOCATION OF THE PROPERTY

Ljubljana is the capital and largest city of Slovenia with population of around 280,000. It is the cultural, educational, economic, political, and administrative center of Slovenia, a European Union country. Its central geographic location within Slovenia, transport connections, concentration of industry, scientific andresearch institutions, and cultural tradition are contributing factors to itsleading position.All major rating agencies see Slovenia’s government bond as investment gradeinstruments, while the World Bank’s 2018 Doing Business Report placesSlovenia on the 37th place on their ease of doing business hierarchy.

Vilach - 105 kmSalzburg - 294 km

Ljubljana

ESTIMATED GDP GROWTH IN 2019

EU MEMBERSINCE 2004

UNEMPLOYMENTRATE IN SLOVENIA

LJUBLJANA OFFICE STOCK - 1,000,000 m2

3.5% 5.5%3.5% 5.5%

LjubljanaAirport - 28,5km

Graz - 190 kmBudapest - 457 km

Koper - 116 kmTrieste - 103 km

Zagreb - 137 kmBelgrade - 530 km

FENIKSBUSINESS CENTRE





MICRO LOCATION OF THE PROPERTY

FENIKS BUSINESS CENTRE is located in Moste commercial district inLjubljana. It is in close proximity to the motorway ring and BTC City shopping city. Letališka cesta on which the property is located represents one of the main traffic thoroughfares, providing quick access between the city center and the ring. The area is the most dynamic office submarket in Ljubljana, surrounded by numerous commercial premises such as retail, production/warehouses, and HTL. Accessibility is excellent by both car and public transportation.

FENIKSBUSINESS CENTRE

15 MIN. DRIVE TOTHE LJUBLJANA CENTER

700 m TO NEARESTHIGHWAY EXIT

30 MIN. DRIVE TOLJUBLJANA AIRPORT

NEXT TO LARGESTCOMMERCIAL ZONE

IN SLOVENIA





TRANSACTION TIMELINE

May 17th 2019

May 24th - July 7th 2019

August 2019

May 24th 2019

July 7th 2019

Indicative bids deadline

Singning of the APA/SPA

Binding bids deadline

VDR entry

DD phase

investment opportunity - feniks business centre

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