TOGETHER WE BUILD THE FUTURE. HERE AND NOW

TOGETHER WE BUILD THE FUTURE. HERE AND NOW. www.berlinovo.de 3 2 Key Indicators Company Total Assets 670,451,522.10 € Gross Performance 163,9...
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TOGETHER WE BUILD THE FUTURE. HERE AND NOW.

www.berlinovo.de

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Key Indicators Company Total Assets

670,451,522.10



Gross Performance

163,947,469.69



Equity

242,162,619.66



58,529,644.61



Annual Surplus Employees

One Company. Many Facets.

ca. 350

Portfolio Properties Rental Units

41,072

Commercial

2,739

Residential

The Berlinovo Immobilien Gesellschaft mbH (berlinovo) is a large real estate service provider owned by and based in the federal state of Berlin.

550

38,333

Rental Space

4,461,000

m2

Commercial Space

2,202,000

m2

2,259,000

m2

Residential Space Rental Volume

396,004,000



Founded in 2006 as BIH, berlinovo manages the portfolio of 24 real estate funds in its own name comprising 550 properties, of which about 97.5 % are currently owned by the federal state of Berlin. berlinovo manages its own stocks as well as externally owned stocks of funds, investors, and home owners

associations, offering the whole range of real estate asset and property management for residential and commercial properties of all sizes and categories. Our team is managing about 41,500 rental units throughout Germany on our behalf as well as on the behalf of third parties, comprising 4.7 Million m² rental space and a rental volume of around 445 Million €. As an experienced funds manager, berlinovo also offers fund management of closed-end real estate funds, including in-house underwriter support, accounting, and controlling.

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What we offer.

berlinovo Overall Portfolio 2012 (24 funds)

Segment & Property Type

berlinovo stands for innovation and adaptability, entrepreneurial vision and responsibility. In 2012, the complex group structure has been simplified in a sensible way, the corporate capacity has been augmented, and tasks have been rearranged in a clear manner. Simultaneously, the full risk shield provided by the federal state for the former BIH has been dropped. berlinovo is an advanced and profit-oriented real estate company owned by the federal state Berlin, focusing on the management of assets, properties, and funds as its core competencies. This can be seen both in the portfolio‘s valorisation as well as in its achieved management results. In the last few years, berlinovo has achieved above-average results.

It’s all in the name: berlinovo is innovative, reliable, strongly positioned, and future-proof. Our clients – tenants and business partners alike – can count on a reliable partner and on an experienced, flexible, and performance-oriented team actively looking for creative solutions for any question concerning real estate. In order to be closer connected with our 30,000 residential tenants and to fulfil our claim as a fair landlord, we have continually improved our tenant support service and have introduced a 24-hour service hotline. We have also launched a new independent brand with berlinovo Wohnen. In essence, our values and standards can be described as such:

Office & commercial property

Percentage of Total Estimated Rent %

225

54

8,284

12.73

2.1

Office property

15

35

118

21,725

15.28

5.5

Office

23

260

173

30,009

14.48

7.6

DIY and garden store

22

47

199

19,079

7.98

4.8

Shopping centre

13

543

183

21,259

9.67

5.4

Retail warehouse

15

33

83

5,147

5.19

1.3

Retail park

29

243

300

27,223

7.57

6.9

Local commercial centre

31

231

83

7,804

7.84

2.0

Self-service warehouse

10

58

84

11,128

11.06

2.8

131

247

143

13,455

7.82

3.4

8

13

16

1,585

8.46

0.4

259

1,415

1,091

106,680

8.15

26.9

3

50

13

1,332

8.40

0.3

13

29

24

2,271

8.02

0.6

2

166

16

1,245

6.46

0.3

Hotel

22

158

155

21,291

11.45

5.4

Cinema/leisure complex

12

139

136

19,267

11.80

4.9

2

2

32

8,001

20.84

2.0

Senior citizen complex

14

403

116

16,112

11.61

4.1

Logistics / warehouse property

23

72

320

13,494

3.51

3.4

Production building

1

3

11

342

2.65

0.1

Restaurant / fast food

8

8

4

1,165

24.41

0.3

19

33

107

17,104

13.26

4.3

Special

119

1,063

934

101,626

9.07

25.7

Housing estate

104

28,879

1,793

106,087

4.93

26.8

12

2,173

174

10,989

5.28

2.8

116

31,052

1,966

117,077

5.07

29.6

Apartment complex

32

7,281

293

40,613

11.57

10.3

Apartment

32

7,281

293

40,613

11.57

10.3

Vacant plot

1

1

5

0

0.00

0.0

Other

1

1

5

0

0.00

0.0

550

41,072

4,461

396,004

7.40

100.0

Supermarket / discount store Superstore Commercial

Motorway service area/petrol station

HERE AND NOW.

Estimated Rent [T€] [€/m²/month]

8

Medical centre

TOGETHER WE BUILD THE FUTURE.

Number of Rental Space Properties Rental Units [Tm²]

Assisted living

Hospital

Nursing home

Residential & commercial property Residential

Overall result 24 funds

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You can count on us. On its ambitious course of becoming a leading real estate company based in Berlin, berlinovo continues to build on its trusted team of motivated and competent employees. The pillar of every success is to believe in your employee’s skills, their readiness for responsibility, and their focus on future markets – berlinovo shares this approach. Personnel continuity and recruiting industry experts is not only vital for operative business but also for berlinovo’s longterm strategic development.

Berlinovo Immobilien Gesellschaft mbH Managing Directors:  K ira Baitalskaia

Roland J. Stauber



Chairman of the Supervisory Board:



Dr. Ulrich Nußbaum, Senator for Finance, Berlin



Your contact person:

Commercial Real Estate Management: Carsten Pohnke Residential Real Estate Management: Stefan Ehrlich Project Management: Andreas Förster Fund Management: Alf Aleithe Finance: Marcus Ceglarek Controlling/Risk Management/IT: Andre Lilienthal Legal Matters and Shareholdings: Richard Dorka

ARWOBAU GmbH

Managing Director:



Roland J. Stauber

Residential complex Berlin-Spandau

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Our Service Portfolio. The portfolio of properties consists of a total of 308 locations throughout Germany, as well as 8 international locations in the United States and the United Kingdom. German key areas are Berlin, Lower Saxony, and North Rhine-Westphalia. Besides an array of residential properties, the portfolio comprises diverse properties for almost any potential usage, thus providing the opportunity for any and every business: commercial units for retail, office, or other usages are on offer. Our affiliate ARWOBAU, renowned as specialist for short-term lets and furnished housing in the capital for 50 years, manages 7,300 units in 31 apartment complexes in Berlin and one apartment complex in Nuremberg. Asset Management berlinovo specialises in enhancing performance strategically. Our asset managers develop and realise tailored portfolio and investment strategies, detect potentials to increase value, and also develop necessary exit strategies. We deliver transparent and tailored SAP reporting depending on your requirements – always up to date and accessible round the clock. Property Management The berlinovo property managers offer a wide range of tailored solutions in order to maintain and increase the values entrusted to us.

Portfolio by Segment

ing strategy for each property. Our controlling team determines saving potentials regarding energy supply, waste disposal, insurances, maintenance etc. As we have large records of property data, we can easily compare those and use them as a basis for reducing operating costs effectively. We further reduce and optimise operating costs for our clients by working with proven and cost-oriented standards and batch contract award processes for all third-party services. Fund Management Currently, we successfully manage 32 closed-end real estate funds with 96 property development companies. Among them are the 24 funds, which are owned almost entirely by the federal state Berlin, who intends to acquire them fully. Our experienced experts offer the full range of services of funds accounting – comprising annual financial statements and the presentations of results for tax reasons for national and international funds, as well as funds controlling of planned development. Our underwriter support team offers advice in all matters related to investment funds and helps to prepare all required shareholders’ resolutions, shareholder meetings, and board meetings.

National Portfolio Split 2012 by Federal State



7.6% Office

26.9% Commercial 25.7% Special 29.6% Residential 10.3% Apartment

Estimated Rent

Mio. €

%

Berlin

124.6

31.5

Lower Saxony

49.5

12.5

North Rhine-Westphalia

38.9

9.8

Bavaria

30.1

7.6

Brandenburg

23.6

6.0

Baden-Wuerttemberg

20.9

5.3

Saxony

19.7

5.0

Schleswig-Holstein

13.7

3.5

Rhineland-Palatinate

13.2

3.3

Hesse

12.6

3.2

Mecklenburg-Western Pomerania

8.4

2.1

Thuringia

8.5

2.2

Hamburg

7.3

1.8

Saxony-Anhalt

6.4

1.6

Bremen

5.7

1.4

Saarland

0.8

0.2

384.1

97.0

Estimated Rent Germany

International Portfolio Split 2011

Our property teams treat every property as an independent profit centre to provide sustainable maximisation of return. Our experts have extensive experience in structural engineering, so they are perfectly capable to analyse any management matter and to develop the ideal market-

USA

5.5

1.4

United Kingdom

6.5

1.6

11.9

3.0

396.0

100.0

Estimated Rent International

Hybrid Images/gettyimages

Estimated Rent Total

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berlinovo is represented all over Germany with a variety of different properties.

Our properties in Germany

All properties are managed professionally and profitably. The largest stocks are located in Berlin. As a state-owned company, we strongly stick up for our Berlin tenants.

Special: e. g. cinema in Düsseldorf

Residential: e. g. residential complex Havelspitze in Berlin

Special Office Commercial Residential Office: e. g. office building in München-Dornach

Commercial: Schwarzwald-Baar-Center in Villingen-Schwenningen

Berlinovo Immobilien Gesellschaft mbH Hallesches Ufer 74–76 · 10963 Berlin Contact person: Stefan Siebner, Corporate Communications T +49 30 25441-1200 · F -1222 [email protected] www.berlinovo.de Photos: S. 3, 8: AD AGENDA/Dominik Butzmann; All other photos: Berlinovo Immobilien Gesellschaft mbH Date: April 2013