United Kingdom

Company profile 2010/11

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Amsterdam, November 2010

Realized by:Mobile Generationwww.mobgen.com

Redevco United Kingdom1 James Street,London, W1U 1DR, United Kingdom

T +44 20 7409 9777F +44 20 7409 9778E info.uk@redevco.com

www.redevco.com

to tailor themWe adapt properties

to our tenants’ needs

UNITED KINGDOM - York, Coney Street

UNITED KINGDOM - Glasgow, Princes Square

EdinburghGlasgow

Belfast

ManchesterLiverpool

Birmingham

London

UNITED KINGDOM - London, Oxford Street Key figuresNet value portfolio: £850mNumber of properties: 57 Number of locations: 43Gross leasable area: 3,275,000 ft2

Occupancy rate: 98%

Redevco is an independent, international real estate company owning major retail portfolios in Europe and Asia. Our overall portfolio comprises over 750 properties with a total floor space of approximately 5 million square metres at top locations in metropolitan cities and is valued at around 7.5 billion euros.

We purchase, develop, let and manage properties, continually ensuring that our portfolio optimally reflects the requirements of our tenants. We believe it is our task to meet the needs of the market with the most relevant, sustainable and inspiring real estate solutions. Redevco’s main focus is high street retail, and in the UK we also invest in shopping centres.

Track record

With a strong track record of excellent stock selection, Redevco UK has demonstrated an ability to identify opportunities where value and performance are created by skilful asset management rather than relying on the market. This entrepreneurial approach, and a commitment to take the long-term view, means Redevco is well placed to capitalise onthe challenging times ahead.

Future developments

In the short to medium term Redevco UK will continue to grow the portfolio, with a focus on identifying investment opportunities in the retail sector – in particular, the focus will be on sourcing retail and mixed-use properties on the high streets of the UK’s major towns and cities. Redevco will seek deals that offer genuine potential to add value, either through lease engineering or refurbishment/redevelopment.

Additionally, project development will continue to be an important part of Redevco UK’s strategy, building on the success of the numerous retail-led mixed-use schemes completed to date.

Our retail portfolio accounts for 90% of our assets and offices for the remaining 10%.

Dynamic performance

It is our job to provide occupiers with the high quality and functional space they require to carry out their business and, therefore, understanding our tenants’ needs is vital to our success. Specialising in retail, we believe that if our tenants prosper, then we prosper.

Retail is a dynamic business and success is measured on very short timescales; what is state of the art today may be obsolete tomorrow. That is why we anticipate changes in consumer buying behaviour and our portfolio reflects our view on the future needs of the occupiers. We buy properties where we can work with retailers to secure their success and in turn improve our returns and preserve value. We refurbish and reconfigure properties to keep up with the latest trends and requirements and all this is done in a continuous dialogue with retailers. After all, they are the experts when it comes to understanding consumers.

In the office sector we also strive to provide exciting and functional space for occupiers and we work with some of the UK’s most innovative and creative architects. We build for the long-term and that means an uncompromising view on the use of high quality materials, sustainability and a desire to produce buildings of architectural merit.

Success is not a matter of chance. It is the result of solid know-how, years of experience, and informed market assessment, combined with a business philosophy based on reliability and fairness. Balancing all these factors in a customer oriented way adds value to our portfolio.

future needsof occupiers

Our portfolioreflects our view on the

work with retailersWe buy properties

to secure their success

where we can

UNITED KINGDOM - London, Oxford Street

UNITED KINGDOM - Glasgow, Princes Square

UNITED KINGDOM - Crawley, The Martlets

The strategy of Redevco UK capitalises on our strengths: i.e. excellent relationships with the major UK and European retailers, exceptional market contacts and knowledge, speed of decision making, reputation for delivery, and availability of capital. Our innovative and flexible management style offers our customers a reliable and understanding partner and allows us to deliver long-term and sustainable returns for our shareholders.

As part of an international real estate organisation, we are able to capitalise on the benefits of cross-border expertise, contacts and shared best practice. This will become more valuable in coming years as Europe increasingly becomes a single market place, and Asia’s international influence grows.