LAND DEVELOPMENTLAND DEVELOPMENT

““A multidisciplinary group of professionals A multidisciplinary group of professionals specialized in adding value to the landspecialized in adding value to the land””

WHO WE ARE:

WHAT DO WE DO:•ADD VALUE TO THE LAND•LAND DEVELOPMENT•SUSTAINABLE PROJECTS•BRING INVESTORS

OUR WORK, BY STEPS:

OUR PARTNERS:

OUR COLLABORATORS:

Master Plan Organization

Amenities• Golf Courses• Driving Ranges + Golf Academies• Racquet Club: Tennis, paddle, Squash• Polo• Equestrian Centers• Kids Areas + Summer Camps

•Football Academies• Swimming Pool• Club Houses + Social Life• Fitness + Spa + Wellness Centers• Indoor Sports• Marina

Documents•Environmental studies•Business Plans•Marketing and Sales Plan•Descriptive Memorial

Global Land Developers is a company of the Global Golf Company Group, an international company based in Spain, leader in Europe in golf course design and development. Global Land Developers is a multidisciplinary group of professionals specialized in adding value to the land.We do this by pre-developing projects for sustainable golf and sports resorts, looking for quality and the best profits for the investor.Global Land Developers has worked in more than 80 projects in Europe, Africa and America.

•LOOK FOR SPECIAL LAND•JOINT VENTURE WITH LAND OWNERS•DUE DILIGENCES & TITLES•DEVELOP A CONCEPT•FEASIBILITY STUDIES & BUSINESS•DEVELOP A MASTER PLAN•DEVELOP A PROJECT•LICENCES AND PERMITS

We look for partnership with land owners, looking for the most outstanding estates to develop top quality golf & sports resorts throughout the world.Global Land Developers also associates with investors and land developers to assess existing real estate projects.

•HOTEL COMPANIES•LAWYERS•URBAN DESIGNERS•CIVIL ENGINEERS•LANDSCAPE DESIGNERS

•MASTER PLANNERS•ARCHITECTS•GOLF COURSE DESIGNERS•REALTORS•ENVIRONMENTALISTS

Global Land Developers also works with professional local partners in each country that develop a project

OUR PRODUCTS AND SERVICES:

MASTER PLANVISTA CANA GOLF RESORT, Bávaro, Dominican Republic

THE GLOBAL LAND DEVELOPERS EXPERIENCE

Specifications :

Area: 570 ha total; 97ha built.

• 10 minutes from the Punta Cana International Airport.

• Multi-type houses and low density

• Caribbean Village

• 200.000m² recreational lake with 1.000m of private beach

• Environmental integrated urbanisticdevelopment model

• Two 18 holes golf course (Championship Course)

• International Golf School with Pitch & Putt

• Equestrian Centre (Horse District)

MASTER PLANLAS VIDES DE ORGAZ, Toledo, Spain

THE GLOBAL LAND DEVELOPERS EXPERIENCE

Specifications:

Area: 550 has.

• Integrated in 660.000 m² of vineyards.

• 800.000 m² of natural environment.

• multi-type houses in a a project of low density.

• 7 development areas:

• Vineyards: 66 ha

• 27 holes golf course

• Riding Club: polo field, jumping and equestrian route.

• Country Club and Kid's area

• Manchego´s Village

• Recreational Lake: nautical sports

• Ecological farm.

• Hotel

LAGOS DE SAN MIGUEL GOLF . La Roda. Albacete, Spain MASTER PLAN

THE GLOBAL LAND DEVELOPERS EXPERIENCE

Specifications:

Area: 305 has.

• multi-type houses in a project of low density.

• 27 holes golf courses (Championship Course).

• Golf School and driving range.

•Country Club : more than 6 há.

• 4 stars hotel

• Recreational Lake: nautical sports

• Commercial Centre

• Medical Centre

• International School

MASTER PLANKIEV CLUB RESORT & COUNTRY CLUB, Kiev, Ukraine

THE GLOBAL LAND DEVELOPERS EXPERIENCE

Specifications:

Area: 400 ha total

• 2.006 multi-type houses• 2 18 holes golf course with professional driving range• Golf Academy and Pitch & Putt• Private multi sports Club (tennis, paddle, soccer and more)

•Golf Hotel, Luxury Hotel and Casino Hotel•Commercial Centre•Equestrian area •Recreational area•Church•Heliport•Corporate Centre

MASTER PLANPUERTO PALMAS PUEBLO ECOLÓGICO, Buenos Aires, Argentina

THE GLOBAL LAND DEVELOPERS EXPERIENCE

Specifications

Area: 250 ha• 690 residential plots• Commercial bay

• Nautical Bay (Nautical Club)• Sports Club• Convention Centre• Public amenities• Bilingual school

THE GLOBAL LAND DEVELOPERS EXPERIENCEPLAGES DE NATIONS, Rabat, Marrocco MASTER PLAN

Specifications:

Area: 587 ha total

•Multi-type houses

•18 holes Golf Course

•Golf Academy

•Private Sports Club

•Hotels

•Commercial Centre

•International School

THE GLOBAL LAND DEVELOPERS EXPERIENCE

Specifications:

Area: 600 ha total

•Multi-type houses

•3 18 holes Golf Courses

•Golf Academy

•Private Sports Club

•Hotels

•Commercial Centre

•International School

•Marina

•Equestrian Club

MASTER PLANSAN PEDRO DE MACORÍS, Dominican Republic

THE GLOBAL LAND DEVELOPERS EXPERIENCE

MASTER PLANPIETROWÉC, Jordavów Slaski, Poland

Specifications:

•Multi-type houses

•18 holes Golf Courses

•Private Sports Club

•Hotel

•Commercial Centre

•International School

•Equestrian Club

BEFORE AND AFTER

El El CortijoCortijo Club de Campo, the venue for the 2002 Spanish Open, Canary Club de Campo, the venue for the 2002 Spanish Open, Canary Islands, Spain. Islands, Spain. Champion: Sergio Garcia

POLO, GOLF & COUNTRY CLUB POLO, GOLF & COUNTRY CLUB

Proposition of development of a Polo, Golf and Country Club

JUNE 2008

DEFINITION OF A COUNTRY CLUBDEFINITION OF A COUNTRY CLUB

A country club is a big space containing several recreational and sports facilities with the idea of satisfier the demand of all the members of the family.

The success of a Country Club comes through the multiple activities putted in it's program and helps to increase the value and prestigious of the real estate product.

The fact of a Country Club being a familiar product, contributes to create a community spirit between members.

Families organize into the Country Club their leisure time during the weekend and week. The Country Club provides entertainment for all people, son, wife, grandfather…

This is a product for all the family, the decision of membership of a Country Club is familiar too, and it is directly linked to the house's sales.

OBJECTIVES OF A COUNTRY CLUB FOR THE REAL ESTATEOBJECTIVES OF A COUNTRY CLUB FOR THE REAL ESTATE1. The creation of a community sense through the Country Club facilitates the house’s sales of the Client

a) The house buyers will have the benefit of privileged fees, to become members of the Country Club .b) The Country Club creates a visitors traffic, which are potential clients and may become future house buyers from the Client group.

2. Helps to improve the value of the zone and associates it with a prestige image.

3. The success of a Country Club is based upon its location and its available spaces to offer different kinds of sports. The situation of Bouskoura is strategic and with great potential for economic success; 5 minutes away from the international; 15 minutes away from the residential neighborhoods os the city and side by side to Bouskoura’s forest, a great green area in the city; and has available 130Ha for sportive and social installations.

4. To provide hotel services and restoration of the beautiful zones to sportive installations.

5. To recover the investments with the membership contracts, as it is a unique Country Club in the city.

6. The sportive installations and the Country Club it self, are a very profitable business, in addition to all synergies that those bring.

PUBLIC OBJECTIVES OF A COUNTRY CLUB AT BOUSKOURAPUBLIC OBJECTIVES OF A COUNTRY CLUB AT BOUSKOURA

1. House buyers (due to urbanization)

2. Hotel clients

3. Families

4. CEO and Executive national and international companies

5. Social Clubs without sport installations

6. Tourist and visitors

OUR EXPERIENCE INTO THE COUNTRY CLUBOUR EXPERIENCE INTO THE COUNTRY CLUB

Our Experience with Country Clubs in Spain is a guarantee of success.

Examples: RACE in Madrid, El Cortijo, Club de Campo de Las Palmas de Gran Canarias, Club de Campo de Laukaritz in Bilbao, RSHE in Madrid, Señorio de Zuasti in Pamplona, Club de Campo Villa de Madrid in Madrid, Real Club Puerta de Hierro in Madrid.

Country Club LOCATION REAL ESTATE LINK

El Cortijo Country Clubwww.elcortijogolf.com

Telde. Las Palmas de Gran Canria

SATOCAN Inmobiliariahttp://www.elcortijogolf.com

GGC has developed all the concept of the project and membership sales.

Layos Country Club www.layosgolf.com

Layos. Toledo GGC has developed all the concept of the project and membership sales.

Laukariz Country Clubwww.cclaukariz.com

Bilbao. Vizcaya La Bilbaina GGC has developed the duplication of the golf course

Real Automovil Club d´Espagnewww.race.es

San Sebastián de los Reyes. Madrid

Ciudalcampohttp://www.ciudalcampo.net/

GGC’s employers directed the club and collaborate with the current direction

Country Club Villa de Madridwww.clubvillademadrid.com

Aravaca. Madrid GGC’s are members of the club

Real Sociedad Hípica Españolawww.rshecc.es

Madrid http://clubdecampo.org/ GGC worked in the initial project in association with the company HUARTE

Real Club Puerta de Hierrowww.realclubpuertadehierro.com

Madrid Urbanización Puerta de Hierro

GGC’s staff are members of it and GGC has collaborate with the current direction

Señorío de Zuasti Club de Campowww.zuasti.com

Pamplona. Navarra

Other international experiences of GGC with the Country Club’s development: at La Habana (Cuba), Buenos Aires (Argentina), Bávaro (Dominican Republic) Wroclaw (Poland), Athens (Greece), Casablanca (Morocco), etc

THE MAIN FACILITIES OF A COUNTRY CLUB

Covered or open air pools

Soccer courts from 7 to 11 players

Other sports: volleyball, basketball, rollerblades, petanque

All sports school with medical surveillance

All sports tournaments

Club house: Restaurants, beauty center, gym and spa, bridge room

Equestrian Club: Polo, horse jumping, tracks, covered or open air stables, vet clinics, all sorts of sportive activities (jumping, pony club, raids, classic taming)

Golf:covered or open air practice area with

private and public zones

36 holes

Golf School

Racket club : all kinds of tennis courts (beaten ground, fast surface) paddle, covered or open airsquash in different surfaces

Children Area : vacancies camping with golf, tennis, swimming and equestrian school , and kindergarten.

EQUESTRIAN CLUBEQUESTRIAN CLUB

INFORMATIONS: SERVICES

•24h Veterinary Clinic•Polo an equestrian school• Bathing area and ‘dress up area’•Parking with horse tow •House for member’s horses•Country Club’s horses for rent • Transport service for horses

•2 polo courts •Taming areas•1 covered stable •1 jumping track •1 circuit of raid/track•1 circuit of horse riding •2 teaching tracks•2 practice areas •3 gearing areas•1 walking area•60 boxes

GOLF CLUBGOLF CLUB•36 international level holes •Golf academy: access to everybody to this sport.•Driving Range•Pro-shop•Practice area: putting green, approach area, bunkers

RACKET CLUBRACKET CLUB

OTHER FACILITIES AND SERVICESOTHER FACILITIES AND SERVICES

• Covered and Open Air Pools

•Soccer courts for 7 to 11 players

• Other sports: volleyball, basketball, rollerblades, petanque

• All sports school with medical surveillance

• All sports intern competitions

• Club house: restaurant, beauty center, gym and spa, bridge room

• Bike parking

• Kindengartten

• Summer camp

• Tennis all kinds of tennis courts (beaten ground, fast surface), with a central court for events

• Badminton

• Paddle for 2 or 4 players, Spain rules and also Costa del Sol rules (South Spain)

• Squash

Approximate investment in facilities(EURO(EURO))

All numbers in this document are estimated, based on our experiences in Europe. No situation here reflects the reality of the project of a Client. The definitive numbers depend on the project and studies of viability in course.

29.000.000 €129,91TOTAL

2.000.000 €MISE EN MARCHE

2.000.000 €PROJETS

0,04zone de foin

3Zone de prérie

0,560 boxes

PerimetralesPistes de RAID, Cross Country…

0,01Marcheurs

0,322 Pistes d´enseignement

0,25Ecurie Couverte

0,2Pistes de domaptage

0,3Piste d´echuaffement

0,8Piste de Concours

1Ponu Club

Alrededor PoloOvale pour le galope

8.000.000 €

14,52 Terrains de Polo

CLUB EQUESTRE

0,05Jardín-Solarium

0,05Parc de jeux pour enfants

0,22 Pistes multisportifs

1 Piscina pour enfants0,16

1 Piscine

0,164 Pistes de Minitenis illuminées

0,312 Pistes de Padel illuminées

1,720 Pistes de Tenis illuminées

1,542 Terrain de football 11

5.000.000 €

0,25Club house

COUNTRY CLUB

100,036 Trous

0,05Zone Aproache

0,03Putting Green12.000.000 €

4,5Practiuce

GOLF

INVESTISSEMENTSSUPERFICIE (Ha)INSTALLATIONSZONE

29.000.000 €129,91TOTAL

2.000.000 €MISE EN MARCHE

2.000.000 €PROJETS

0,04zone de foin

3Zone de prérie

0,560 boxes

PerimetralesPistes de RAID, Cross Country…

0,01Marcheurs

0,322 Pistes d´enseignement

0,25Ecurie Couverte

0,2Pistes de domaptage

0,3Piste d´echuaffement

0,8Piste de Concours

1Ponu Club

Alrededor PoloOvale pour le galope

8.000.000 €

14,52 Terrains de Polo

CLUB EQUESTRE

0,05Jardín-Solarium

0,05Parc de jeux pour enfants

0,22 Pistes multisportifs

1 Piscina pour enfants0,16

1 Piscine

0,164 Pistes de Minitenis illuminées

0,312 Pistes de Padel illuminées

1,720 Pistes de Tenis illuminées

1,542 Terrain de football 11

5.000.000 €

0,25Club house

COUNTRY CLUB

100,036 Trous

0,05Zone Aproache

0,03Putting Green12.000.000 €

4,5Practiuce

GOLF

INVESTISSEMENTSSUPERFICIE (Ha)INSTALLATIONSZONE

Investment recovery with the sales of memberships (*)

Number € TOTAL

Families that have bought houses1.500 10.000 15.000.000

Casablanca residents 2.000 15.000 30.000.000

Companies 500 20.000 10.000.000

TOTAL 4.000 55.000.000

Cost of selling 6.000.000

TOTAL COST OF MEMBERSHIP 49.000.000

TOTAL INVESTIMENT 29.000.000

EDGE 20.000.000

Next phases to develop1. The Client wants to develop a Country Club and the terrain concession.2. Sign the agreement of collaboration between the Client and GLOBAL GOLF.3. Global Golf will be paid a percentage of its fees by the ’success fee’, to demonstrate its responsibility and confidence

in the project.GLOBAL GOLF WILL PROCEED:4. Viability studies to determinate:

• The definitive installations of the club and its dimensions• The given services and their public sell prices• Definition of the memberships of the club (individual, familial, companies)• Number of employees

5. Rentability and financial structure 6. Selling plan of the memberships 7. Execution and supervision of the technical projects thereby the construction.8. Selection and formation of staff, inauguration and release of the club on the market 9. Memberships selling Commercialization 10. Program: First year: studies of viability

• Second year: opening • Third year: opening, memberships selling• Fourth year: opening, memberships selling and inauguration • Fifth, sixth and seventh year: inauguration and memberships selling