Revolutionary InvestmentsChanging The Face Of UK

Airport Car Parking

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• 10,000carsparkedeveryday

• 92%occupancy(JantoMay2015)

• 0%bankborrowing

• $275.2mworthofcarparkingundermanagement

• 100%buildscompleted,nooff-plan

• $43.2mrentalreturnspaid

• $137.6mcapitalgrowthcreated

• FastestgrowingairportcarparkingcompanyintheUK

• Sitesownedat6majorUKairports

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Inspired investmentBUSINESSBETTER

• Whereitallbegan–theUSA

• Declineofurbancentres–whereisthenextopportunity?

• Amarketonlyforthesuper-rich?

• TheParkFirstconcept

THE OPPORTUNITY

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Inspired investmentBUSINESSBETTER

• $100billionindustryworldwide(FrostandSullivan)

• $20billionannualrevenues

• Carparkingspaces–avaluableasset

• Lowentrylevels,highyields

THE PARKING INDUSTRY

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Inspired investmentBUSINESSBETTER

• Thefoundations–nobankborrowing

• ResidentialFirst

• BusinessFirst

• StoreFirst

• ParkFirst

WHO AND WHERE ARE GROUP FIRST

D U B A I

T A I W A N

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Inspired investmentBUSINESSBETTER

• Globalassetclass–spectrumofinvestibleproperty

• KnightFrank:“oneoftheprimaryalternativeinvestments”

• Newrouteintomarket

• Rarelytraded

• Limitedavailability

INVESTING IN PARK FIRST

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Inspired investmentBUSINESSBETTER

• 2,700long-staycarparkingspaces–17,900neededby2020

• 7.7millioncustomersayear-24millionpredictedby2030

• Demandfaroutstrippingsupply

GLASGOW INTERNATIONAL AIRPORT

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Inspired investmentBUSINESSBETTER

•40millionpassengersayear

•23,952long-staycarparkingspaces

•Busiestsinglerunwayairportintheworld

LONDON GATWICK AIRPORT

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Inspired investmentBUSINESSBETTER

• Lowrisk,highprofits

• 8%returninyears1&2,10%predictedforyears3&4

• 25%increaseincapitalgrowthfromday1

• RICSindependentvaluations

• LandRegistrytitledeed

INVESTMENT HIGHLIGHTS

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Inspired investmentBUSINESSBETTER

• Luxuryfit-outs

• Space-agestylewaitingrooms

• HighspecsecurityandCCTV

• Sophisticatedonlinebooking

• Automaticnumberplaterecognition

• Experiencedmanagementteam

• ParkMarkapproved

ELEVATING AIRPORT CAR PARKING TO THE NEXT LEVEL

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Inspired investmentBUSINESSBETTER

GLASGOW AIRPORT

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GLASGOW AIRPORTPRICE LIST YEARS 1&2Based on an 8% guaranteed return per annum.

Number of Market Sale Rental Ground Management Service Net RentalParking Places Value Price Income Rental Fee Charge Return(Glasgow Long Stay Parking) (Per Parking Space) (Per Parking Space) ($72 per week) (Per Annum) (15% Per Annum) (Per Annum) (8% Guaranteed)

Car parking place x 1 $40,000* $32,000* $3,744* $160* $561.60* $462.40* $2,560*

Car parking place x 2 $80,000* $64,000* $7,488* $320* $1,123.20* $924.80* $5,120*

Car parking place x 3 $120,000* $96,000* $11,232* $480* $1,684.80* $1387.20* $7,680*

Car paking place x 4 $160,000* $128,000* $14,976* $640* $2,246.40* $1,849.60* $10,240*

Car parking place x 5 $200,000* $160,000* $18,720* $800* $2,808* $2,312* $12,800*

Car parking place x 6 $240,000* $192,000* $22,464* $960* $3,369.60* $2,774.40* $15,360*

Car parking place x 7 $280,000* $224,000* $26,208* $1,120* $3,931.20* $3,236.80* $17,920*

Car parking place x 8 $320,000* $256,000* $29,952* $1,280* $4,492.80* $3,699.20* $20,480*

Car parking place x 9 $360,000* $288,000* $33,696* $1,440* $5,054.40* $4,161.60* $23,040*

Car parking place x 10 $400,000* $320,000* $37,440 * $1,600* $5,616* $4,624* $25,600*

Park First Ltd Market Investor Income Cost Cost Cost Net Value Price per Annum (once let) (once let) Income

All parking spaces have the benefit of an established 6 year lease via Park First Ltd with fixed upward facing rental reviews and bi-annual break clauses.Figures shown are for illustration purposes. All agreements are subject to contract. Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

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Inspired investmentBUSINESSBETTER

GLASGOW AIRPORTPRICE LIST YEARS 3&4Based on a 10% projected return per annum.

Number of Market Sale Rental Ground Management Service Net RentalParking Places Value Price Income Rental Fee Charge Return(Glasgow Long Stay Parking) (Per Parking Space) (Per Parking Space) ($88 per week) (Per Annum) (15% Per Annum) (Per Annum) (10% Projected)

Car parking place x 1 $40,000* $32,000* $4,576* $160* $686.40* $529.60* $3,200*

Car parking place x 2 $80,000* $64,000* $9,152* $320* $1,372.80* $1,059.20* $6,400*

Car parking place x 3 $120,000* $96,000* $13,728* $480* $2,059.20* $1,588.80* $9,600*

Car paking place x 4 $160,000* $128,000* $18,304* $640* $2,745.60* $2,118.40* $12,800*

Car parking place x 5 $200,000* $160,000* $22,800* $800* $3,432* $2,648* $16,000*

Car parking place x 6 $240,000* $192,000* $27,456* $960* $4,118.40* $3,177.60* $19,200*

Car parking place x 7 $280,000* $224,000* $32,032* $1,120* $4,804.80* $3,707.20* $22,400*

Car parking place x 8 $320,000* $256,000* $36,608* $1,280* $5,491.20* $4,236.80* $25,600*

Car parking place x 9 $360,000* $288,000* $41,184* $1,440* $6,177.60* $4,766.40* $28,800*

Car parking place x 10 $400,000* $320,000* $45,760* $1,600* $6,864* $5,296* $32,000*

Park First Ltd Market Investor Income Cost Cost Cost Net Value Price per Annum (once let) (once let) Income

All parking spaces have the benefit of an established 6 year lease via Park First Ltd with fixed upward facing rental reviews and bi-annual break clauses.Figures shown are for illustration purposes. All agreements are subject to contract. Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

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Inspired investmentBUSINESSBETTER

GLASGOW AIRPORTPRICE LIST YEARS 5&6Based on a 12% projected return per annum.

Number of Market Sale Rental Ground Management Service Net RentalParking Places Value Price Income Rental Fee Charge Return(Glasgow Long Stay Parking) (Per Parking Space) (Per Parking Space) ($104 per week) (Per Annum) (15% Per Annum) (Per Annum) (12% Projected)

Car parking place x 1 $40,000* $32,000* $5,408* $160* $811.20* $596.80* $3,840*

Car parking place x 2 $80,000* $64,000* $10,816* $320* $1,622.40* $1,193.60* $7,680*

Car parking place x 3 $120,000* $96,000* $16,224* $480* $2,433.60* $1,790.40* $11,520*

Car paking place x 4 $160,000* $128,000* $21,632* $640* $3,244.80* $2,387.20* $15,360*

Car parking place x 5 $200,000* $160,000* $27,040* $800* $4,056* $2,984* $19,200*

Car parking place x 6 $240,000* $192,000* $32,448* $960* $4,867.20* $3,580.80* $23,040*

Car parking place x 7 $280,000* $224,000* $37,856* $1,120* $5,678.40* $4,177.60* $26,880*

Car parking place x 8 $320,000* $256,000* $43,264* $1,280* $6,489.60* $4,774.40* $30,720*

Car parking place x 9 $360,000* $288,000* $48,672* $1,440* $7,300.80* $5,371.20* $34,560*

Car parking place x 10 $400,000* $320,000* $54,080* $1,600* $8,112* $5,968* $38,400*

Park First Ltd Market Investor Income Cost Cost Cost Net Value Price per Annum (once let) (once let) Income

All parking spaces have the benefit of an established 6 year lease via Park First Ltd with fixed upward facing rental reviews and bi-annual break clauses.Figures shown are for illustration purposes. All agreements are subject to contract. Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

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Inspired investmentBUSINESSBETTER

LONDON GATWICK

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Inspired investmentBUSINESSBETTER

PRICE LIST YEARS 1&2Based on an 8% guaranteed return per annum.

Number of Market Sale Rental Ground Management Service Net RentalParking Places Value Price Income Rental Fee Charge Return(Gatwick Long Stay Parking) (Per Parking Space) (Per Parking Space) ($104 per week) (Per Annum) (15% Per Annum) (Per Annum) (8% Guaranteed)

Car Parking Space x 1 $60,000* $40,000* $5,408* $240* $811.20* $1,156.80* $3,200*

Car Parking Space x 2 $120,000* $80,000* $10,816* $480* $1,622.40* $2,313.60* $6,400*

Car Parking Space x 3 $180,000* $120,000* $16,224* $720* $2,433.60* $3,470.40* $9,600*

Car Parking Space x 4 $240,000* $160,000* $21,632* $960* $3,244.80* $4,627.20* $12,800*

Car Parking Space x 5 $300,000* $200,000* $27,040* $1,200* $4,056* $5,784* $16,000*

Car Parking Space x 6 $360,000* $240,000* $32,448* $1,440* $4,867.20* $6,940.80* $19,200*

Car Parking Space x 7 $420,000* $280,000* $37,856* $1,680* $5,678.40* $8,097.60* $22,400*

Car Parking Space x 8 $480,000* $320,000* $43,264* $1,920* $6,489.60* $9,254.40* $25,600*

Car Parking Space x 9 $540,000* $360,000* $48,672* $2,160* $7,300.80* $10,411.20* $28,800*

Car Parking Space x 10 $600,000* $400,000* $54,080* $2,400* $8,112* $11,568* $32,000*

Park First Ltd Market Investor Income Cost Cost Cost Net Value Price per Annum (once let) (once let) Income

Returns for years one and two can be paid annually. Projected returns thereafter are paid in arrears. Figures shown are for illustration purposes. All agreements are subject to contract.Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

LONDONGATWICK

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Inspired investmentBUSINESSBETTER

LONDONGATWICKPRICE LIST YEARS 3&4Based on a 10% projected return per annum.

Number of Market Sale Rental Ground Management Service Net RentalParking Places Value Price Income Rental Fee Charge Return(Gatwick Long Stay Parking) (Per Parking Space) (Per Parking Space) ($120 per week) (Per Annum) (15% Per Annum) (Per Annum) (10% Projected)

Car Parking Space x 1 $60,000* $40,000* $6,240* $240* $936* $1,064* $4,000*

Car Parking Space x 2 $120,000* $80,000* $12,480* $480* $1,872* $2,128* $8,000*

Car Parking Space x 3 $180,000* $120,000* $18,720* $720* $2,808* $3,192* $12,000*

Car Parking Space x 4 $240,000* $160,000* $24,960* $960* $3,744* $4,256* $16,000*

Car Parking Space x 5 $300,000* $200,000* $31,200* $1,200* $4,680* $5,320* $20,000*

Car Parking Space x 6 $360,000* $240,000* $37,440* $1,440* $5,616* $6,384* $24,000*

Car Parking Space x 7 $420,000* $280,000* $43,680* $1,680* $6,552* $7,448* $28,000*

Car Parking Space x 8 $480,000* $320,000* $49,920* $1,920* $7,488* $8,512* $32,000*

Car Parking Space x 9 $540,000* $360,000* $56,160* $2,160* $8,424* $9,576* $36,000*

Car Parking Space x 10 $600,000* $400,000* $62,400* $2,400* $9,360* $10,640* $40,000*

Park First Ltd Market Investor Income Cost Cost Cost Net Value Price per Annum (once let) (once let) Income

Returns for years three and four paid in arrears annually or quarterly. Rental review in year three produces projected 10% return. Figures are shown for illustration purposes. All agreements are subject to contract.Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

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Inspired investmentBUSINESSBETTER

LONDONGATWICKPRICE LIST YEARS 5&6Based on a 12% projectedreturn per annum.

Number of Market Sale Rental Ground Management Service Net RentalParking Places Value Price Income Rental Fee Charge Return(Gatwick Long Stay Parking) (Per Parking Space) (Per Parking Space) ($136 per week) (Per Annum) (15% Per Annum) (Per Annum) (12% Projected)

Car Parking Space x 1 $60,000* $40,000* $7,702* $240* $1,060,80* $971.20* $4,800*

Car Parking Space x 2 $120,000* $80,000* $14,144* $480* $2,121.60* $1,942.40* $9,600*

Car Parking Space x 3 $180,000* $120,000* $21,216* $720* $3,182.40* $2,913.60* $14,400*

Car Parking Space x 4 $240,000* $160,000* $28,288* $960* $4,243.20* $3,884.80* $19,200*

Car Parking Space x 5 $300,000* $200,000* $35,360* $1,200* $5,304* $4,856* $24,000*

Car Parking Space x 6 $360,000* $240,000* $42,432* $1,440* $6,364.80* $5,827.20* $28,800*

Car Parking Space x 7 $420,000* $280,000* $49,504* $1,680* $7,425.60* $6,798.40* $33,600*

Car Parking Space x 8 $480,000* $320,000* $56,576* $1,920* $8,486.40* $7,769.60* $38,400*

Car Parking Space x 9 $540,000* $360,000* $63,648* $2,160* $9,547.20* $8,740.80* $43,200*

Car Parking Space x 10 $600,000* $400,000* $70,720* $2,400* $10,608* $9,712* $48,000*

Park First Ltd Market Investor Income Cost Cost Cost Net Value Price per Annum (once let) (once let) Income

Returns for years five and six paid in arrears annually or quarterly. Rental review in year five produces projected 12% return. Figures are shown for illustration purposes. All agreements are subject to contract.Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

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Inspired investmentBUSINESSBETTER

As the parking industry’s older brother, commercial real estate continues to be sliced, diced, packaged and synthesized into complex investment securities, parking companies operate much like they did when the concrete was laid decades ago - a time when life was much more simple. Warren Buffett...arguably the world’s most successful investor

Warren Buffett

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Inspired investmentBUSINESSBETTER

• Capitalcost-from£20,000/$32,000

• VAT–EXEMPT

• Returns–8%,10%,12%

• Fulltitledeeds–UKLandRegistry

• Exitroute–Year5buy-backoption

• Growth–immediate25%fromRICSvaluation

• www.groupfirst.com

• www.parkfirst.com

• www.s1.co.uk

• www.storefirst.com

A SUMMARY

Figures converted from British Pounds Sterling (GBP) to US Dollars (USD) assuming an exchange rate of 1.6

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Inspired investmentBUSINESSBETTER

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Groupfirst.co.uk Residentialfirst.co.uk Businessfirst.co.uk Storefirst.co.uk Parkfirst.co.uk