GATEWAY TO THE NEW ERA OF SHOPPING

Gate Tallinn is set to become the largest retail park in the Baltics with a 62-hectare site dedicated to retail, including DIY, furniture, hypermarket, fashion, sports and other retail, and leisure businesses. Proposed retail space: over 100,000 m2.

First phase includes two new retail concepts into the Estonian retail landscape: 12,000 m2 of Fashion Outlet and 14,000 m2 of Gate Tallinn Outdoors, opening in 2016.

VIA BALT

ICA

A VIBRANT CITY Tallinn is the capital, business and cultural centre of Estonia. Enjoyable as a place to live and work, the city has a worldwide reputation as an excellent tourist destination with plenty to see and do including the beautiful medieval Old Town.

STRONG CATCHMENTGate Tallinn will not only serve the prosperous and well-educated Tallinn population but also awaits clientele from Finland, Latvia, Russia and Sweden.

A DOMINANTDESTINATIONSeveral destination retail concepts on one site will provide retailers and consumers alike with strong benefits from its mass and synergies.

Tallinn HarbourLennart MeriInternationalAirportTallinn Central

Railway Station

Tallinn City Centre

0-30 min

30-60 min

60-120 min

150 min

150 min150 min

WHO DO WE ATTRACT?Tallinn is the capital of Estonia with a metropolitan population of 520,000.

Estonia has the second highest wage level among CEE countries and Tallinn residents have incomes significantly above the national average.

Estonia is a dynamic economy with the highest nominal GDP growth forecast among the CEE countries (IMF).

Estonians are culturally very close to their Scandinavian neighbours, especially Finland, resulting in similar consumer preferences compared to Scandinavia.

Tallinn features a unique UNESCO protected medieval old town, a developed retail sector, and attractive leisure and cultural activities, that together attract 4 million tourists annually.

Over 2 million tourists are wealthy Finnish visitors, with high spending power.

Tourists in Tallinn spend an estimated EUR 900 million annually on retail and services during their stay.

Catchment population

2.5MLN150 min

0.9MLN

120 min

0.6MLN

60 min

0.5MLN

30 min

1.4 million inhabitants of Helsinki metropolitan area are only 150 minute travel away from the site

Helsinki

Riga

St. Petersburg

StockholmTallinn

overnight ferry5h drive

2h ferry

4h drive

ESTONIA

FINLAND

SWEDEN

RUSSIA

LATVIA

THE MONEY IS IN TALLINN

Vilnius

565 566

89256%

Riga Tallinn

Tallinn has the highest salary income among the Baltic capitals

2013 net average salary in the metropolitan capital cities

-2%

-10%

10%

Vilnius Riga Tallinn

Tallinn is the only Baltic Capital with positive population growth since 2000

Change in population between 2000 and 2014 in the metropolitan capital cities

3,134

3,519

3,649

Vilnius Riga Tallinn

Which results in Tallinn having the highest metropolitan income and spending power among

2013 estimated annual income in the

metropolitan capital cities, million euros

Source: National Statistics Agencies, Trigon calculations

Supportive outlook for Estonian retail sector is underlined by falling unemployment and rising wages

2010 2011 2012 2013 2014 F 2015 F 2016 F

0% 0%

2% 8%

4% 15%

6% 23%

8% 30%

Nominal wagegrowth

Unemploymentrate

1%

17%

13%10%

9% 8% 7% 6%

5%

100 100 100

135

118

105

6%

8%

6% 6% 7%

RETAIL IS GROWING

Source: Eurostat, Estonian Finance MinistryNote: 2014 forecast is based on 7m 2014 actual market growth

Estonia CEE average EU 28

Estonian retail sales have recovered well from the crisis and shown leading growth among the EU

Retail sector turnover, 2010=100, seasonally adjusted

2010

2010

2010

2014

F

2014

F

2014

F

Total Retail sector turnover development in Estonia

Million Euros

Retail sector development by category in Estonia

Million Euros

Food and Beverage Services turnover development in Estonia

Million Euros

Over half of the retail sector revenue is generated in Tallinn region - Gate Tallinn primary catchment* Based on 1H 2014 actual market growth Source: Statistics Estonia

...AND GROWING

2011 2012 2013 2014F

5,1895,832

6,192 6,620

+28%+7%

2011 2012 2013 2014F

296335

387 408

+38%

2,240

610

610

430

300

2,050

550

570

390

240

1,930

490

520

380

230

1,800

440

450

350

200

Hypermarkets

Household goods retailers

Motor vehicles and related goods retailers

Leisure goods retailers

Clothing and footwear retailers

+25%

+41%

+33%

+22%

+51 %

2014201320122011

Gate Tallinn is located on the outskirts of Tallinn city, with all of Tallinn within a 30 minute drive and the city centre a 20 minute drive away.

It is located at the intersection of Via Baltika, the busiest highway in Estonia and the newly built Tallinn orbital road. With 20,000 cars passing the site daily Gate Tallinn has great existing traffic flows and a visibility from the highway.

Its proximity to the key arterial roads of Tallinn and the newly built orbital road guarantee good access to the site from all parts of Tallinn, and avoiding the traffic bottlenecks in the city centre. The newly built orbital road that passes the site allows for direct driving access to and from all driving directions.

Railway and bus stops on the site also give easy access for visitors using public transport too.

EASY ACCESSLennart Meri

InternationalAirport

Tallinn CityCentre

Tallinn CentralRailway Station

Tallinn Harbour

VIA B

ALTIC

A

20 min driveto city centre

PÄRN

U / R

IGA

NARVA

TARTU

Saku

Saue

Tabasalu

Keila

Gate Tallinn is in the Western part of Tallinn – the more populous and affluent part of Tallinn, putting the majority of Tallinn’s purchasing power in close driving distance to the site.

The highest concentration of detached housing units in Tallinn is located within a 10-minute drive-time radius of Gate Tallinn. Families with above average incomes and car ownership will also be the heaviest consumers for the range of products to be sold at Gate Tallinn.

25,000 m2 of existing retail space is located next to the Gate Tallinn site, including hypermarkets, DIY, garden centre and leisure businesses, which will support customer flow to the area. These existing business already have a collective annual turnover in excess of €35m.

Western Tallinn is likely to see significant sub-urban expansion in the medium to long term, thanks to convenient public and private transport links. Residential development is already planned on the adjacent 20-hectare site.

WEALTHY NEIGH-BOURS

Planned neigh-bouring residental

Existingretail

14 km to city centre

VIA

BALT

ICA

VIA

BALT

ICA

MICRO LOCATION

Go-Kartracing track

BauhofDIY

HortesGardening Centre

RimiGrocery store

MaksimarketGrocery store

MASTERPLANBIG BOXES

OUTLET

EXPANSION

HYPER-MARKET &STORES

FURNITURE

D.I.Y.

GATE TALLINN

OUTDOORS

8640 m25400 m2

16 800 m2

6300 m2

13 500 m2

25 000 m2

15 500 m2

9100 m2

4000 m2

1840

m2

(17000 m2 plan 1 and 8000m

2 plan 2)

4800 m2

300

0 m

2

6000 m2

STORE

STORE

PETROL STATION& SERVICES

RESIDENTIAL

0 50 m 100 m 200 m

GOOD BUSINESS FOR EVERYBODY

BIG BOXRETAILRETAILERS GAINWith over 30 hectare available for big box retail development Gate Tallinn will be the capital’s largest and most inclusive retail park.

Designed for retail units ranging in size from 750 to 25,000 sq. metres, there will be scope for major international brands to establish on individual sites and for clusters of smaller traders to be arranged in villages.

For retailers, this is an unparalleled opportunity to promote their retail style whilst benefitting from cost effective property that readily reaches customers from all of Tallinn.

SHOPPERS GAINFor shoppers, Gate Tallinn will be a one stop location for all their household, electrical and grocery shopping needs. A huge range of goods offered at good prices.

Excellent accessibility, on-site parking and amenities such as cafés, restaurants, play areas and the adjoining Factory Outlet and Gate Tallinn Outdoors clusters will encourage more shoppers and entice them to stay longer.

Gate Tallinn will feature a free bus service from central Tallinn (and the harbour) generating maximum footfall, especially among tourist visitors.

BIG BOXRETAIL

FASHIONAn architecturally striking building at the entrance to Gate Tallinn will house Estonia’s only dedicated Factory Outlet Centre.

High quality finishes and careful design both internally and externally will fully support the international brands represented and provide a comfortable shopping environment.

Directed towards brand conscious consumers wanting the chance to always find a bargain, this centre will be of strong interest to Estonians and tourists alike.

Gate Tallinn Outlet will feature over 12,000 m2 of retail space and over 50 tenants with a key focus on clothing, footwear and sport categories. A variety of food and beverage outlets will give customers a chance to relax and further enjoy their day out.

Outlet has nearly 500 dedicated parking places and coach parking.

OUTDOOR & SPORTS

Gate Tallinn Outdoors will be a mecca for all sports enthusiasts looking for variety, quality, service and value for money.

A full range of specialist retailers for all sports and activities for all seasons in a landscaped environment.

Attractive and cost efficient units of between 100 and 3,000 sq. m will be arranged in a village giving all traders prominent visibility and shared services.

Total sales area will be 14,000 sq. m together with 425 customer car spaces.

The unique offering of Gate Tallinn Outdoors will attract customers from Estonia and abroad.

GATE TALLINN IDENDITY

Modern and environmentally friendly shopping environment

Fashion & lifestyleproduct offering

TARGET MARKET

BRAND/VALUES

Mid-market offering

Best product assortment – LARGEST RETAIL CLUSTER

Families coming for a routine shopping from Greater Tallinn.1 Fashion & lifestyle buyers coming

for the smartest place to shop from Tallinn & Estonia.2 Tourists seeking strong brands,

assortment and good value.3

Smart and efficient shopping destination

Pleasant to stay – LESS CROWDED

Convenient to reach – NO TRAFFIC JAMS

GATE TALLINN TEAM

Ülo is the COO of Trigon Capital and has 15 years of experience in managing various investment projects in Central and Eastern Europe. Specific experiences includes corporate finance, retail, manufacturing, farming and property sectors.

Kevin is a chartered surveyor with over 30 years experience of developing and managing retail and leisure destinations. He has extensive work experience in the Scandinavian, Baltic and European markets.

Aivar is the Development Director of Trigon Capital with over 30 years of experience in managing property development projects. Aivar has experience in residential, commercial, retail and industrial property projects in the Baltic states, Ukraine and Russia.

Robert is a practicing architect with Sweco Architects in Stockholm. Robert has more than 30 years of working experience as chief architect for the planning and design of large scale developments for retail, commercial, residential and leisure facilities in Scandinavia, the Baltics and internationally.

Martin joined Trigon in 2011 after finishing his studies is Stockholm School of Economics in Riga and is heading the finance and analysis functions in the company. Martin has experience in retail, property, farming and finance sectors.

Ülo AdamsonManagement and Strategy

Kevin HavillConcept Development and Leasing

Aivar KempiConstruction and Development

Robert MartinSenior Architectural Adviser

Martin MetsAnalysis and Finance

Trigon Capital is the leading independent investment and operational management firm in Eastern Europe with over 20 years of experience in the region.

Trigon manages close to USD 1 billion of assets in direct investments, equity funds and discretionary mandates.

Trigon’s property division currently manages a development portfolio of over 1 million m2 of buildable space in various stages of development in Estonia, Croatia, Russia and Ukraine.

Trigon Capital is fully owned by well-known Scandinavian investors with solid business backgrounds.

Kevin Havill

Pärnu Mnt 141 - 59, Tallinn, EstoniaPhone: +372 667 9200 Mobile (UK): +44 792 680 4302Mobile (SE): +46 708 296 173E-Mail: kevin@newhansa.ee

Simon Rohleder MRICS

17 Savile Row, London, United KingdomPhone +44 (0) 20 7409 2867Mobile: +44 783 668 0439E-Mail simon.rohleder@rohlederlumby.com

Sebastiano Jaksetich

Pariser Str. 47, Berlin, GermanyPhone +49 (0) 30 8871 90 41Mobile: +49 173 617 7644E-Mail sj@sj-international.net

Fashion Outlet Leasing ContactsGeneral Retail Leasing Contacts