The giant Amazonian water lily. Its large leaves can grow up to two meters across and can carry a weight of up to 60 kg.

Reliable strength. Commercial real estate financing. Landesbank Baden-Württemberg

LBBW has a long-standing experience and an extensive know-how in commercial real estate financing. Our inhouse team of real estate specialists provides tailor-made and innovative financing structures for property companies, housing associations, private and institutional investors for largeticket commercial and residential transactions. LBBW is active in major domestic and international real estate markets.

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The LBBW team of real estate specialists will be very pleased to meet with you.

As a real estate investor you expect a reliable and professional banking partner who excels in taking rapid and transparent decisions. LBBW offers this to its clients. We have the appetite and ability to offer our clients multi-hundred million euro, pound or dollar loans and are able to perform a lead underwriting without the need for a multi-lender consortium. Our team of real estate specialists is ready to work in partnership with our clients to deliver creative, market leading and tailor-made financing solutions. We look forward to talking. Landesbank Baden-Württemberg – your partner for commercial real estate financing.

Thorsten Schönenberger Member of the Executive Management Board Global Head of Real Estate

LBBW – a competent partner for professional real estate investors.

We provide commercial real estate financing for both international and domestic investors.

Based on our expertise, we can provide you with the appropriate financing solutions to meet your individual objectives. Our customers include:

Thanks to our financial strength we are also a valued partner for portfolio transactions involving larger residential and commercial real estate portfolios.

Long term vision

Competence

Experience Specialists

Retail

Private and institutional investors Real estate companies and real estate corporations Project developers Open and closed-end funds Privatization agencies Real Estate Investment Trusts (REITs) Housing associations

Residential Financing

Innovative Partnership Office

Real estate

Diversity of services

Customer-orientation

Speed

Tailor-made Market know-how

Relationship Reliability

Customized Professionalism

Underwriting capacity

Trail blazing

Competence in the most important real estate markets.

Our activities in commercial real estate financing are focused on the major domestic and international real estate markets. Hamburg

We support our customers with our transaction expertise in both domestic and cross-border investments in Germany and in our target markets abroad. With our teams in London and New York, we are also active in the important real estate markets of the UK and the USA. Hence we have excellent market knowledge and established links with the most important market players.

Mainz Stuttgart Munich

London New York

Real estate financing with know-how.

We focus on the structuring of large-ticket, complex financing for individual and portfolio investments in the following asset classes:

Our performance in this market segment is documented by a large number of successful transactions. Real estate pictures on the right page:

Commercial real estate (office, retail) Residential portfolios Financing of German housing associations Financing for German special investment trusts under KAGB (German investment law code) – world-wide and in all asset classes Logistics

1 Kö-Quartier, Düsseldorf, Germany Sole Lender Office, retail 2 Two Penn Plaza, New York City, USA Joint Lead Arranger Office 3 Überseequartier, Hamburg, Germany Sole Lender Residential, office, retail, hotel 4 Opernturm, Frankfurt/Main, Germany Sole Lender Office, retail

For developments and refurbishments we provide flexible, short-term financing. For the purchase of individual properties or portfolios we also arrange tailor-made financing. We offer suitable interest rate hedging strategies in accordance with the respective transaction.

5 Oxford Street, London, Great Britain Lead Arranger Prime retail 6 2001 M Street, Class A Office, Washington, D. C., USA Co-Lender Office 7 Georgetown Park, Washington, D. C., USA Sole Arranger/Administrative Agent Retail, office 8 Principal Place, London, Great Britain Lead Arranger, Club Financier Office, retail

Portfolio of 41 Kaufhof properties, Germany LBBW: Arranger

International joint venture

Long-term financing

Type of use: retail

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LBBW offers a broad product range with appropriate and individual solutions.

In our function as Arranger and Consortium Manager we offer a comprehensive range of financing products and services to our real estate customers on a property, portfolio or company basis. We are able to provide financings alone as a lead arranger, and also are team players in managing and leading financing consortia/ clubs. Our credit approval processes always proceed rapidly, transparently and reliably.

The types of financing we provide are focused on: Traditional short-term, medium-term and long-term financing Structured finance Financing for acquisitions and project developments We also offer a number of supplementary products and services such as Interest rate and currency management Deposit business Payment transactions Account management

Aldgate Tower, London, Great Britain LBBW: Sole Underwriter

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Institutional investor

Long-term financing

Type of use: office

Our goal is to meet your requirements.

All our employees are highly qualified specialists with excellent market contacts who stand out in the national and international commercial real estate arena by virtue of their longstanding and considerable expertise. We make use of this distinctive real estate and creative market competence in a targeted way to support, and achieve sustainable success for our sophisticated customers.

Further information – including details of your contacts – can be found at: www.LBBW.de/commercial_real_estate

All of this creates the basis for rapid and reliable decisions relating to complex financing structures, asset or share deals, on a recourse or non-recourse basis. Customer satisfaction and long-term business partnerships are our hallmarks.

1633 Broadway – Class A Office Property in Midtown Manhattan, New York, USA LBBW: Administrative Agent and Lead Arranger

US REIT

Long-term financing

Type of use: office

Selected examples of our portfolio financings.

Residential real estate financings.

Logistic real estate financings.

Residential portfolio, North Rhine-Westphalia, Germany

Logistic real estate, Berlin, Germany

LBBW: Sole Underwriter/Sole Lead Arranger Residential company Long-term financing Type of use: residential portfolio with 16,500 apartments

Residential portfolio, mainly in North Rhine-Westphalia, Hessen, Bavaria, Germany LBBW: Co-Arranger Residential company Long-term financing Type of use: residential portfolio with 18,500 apartments

LBBW: Sole Lender Institutional real estate fund Long-term financing Type of use: logistics

Panalpina logistic real estate, Munich, Germany LBBW: Sole Lender Institutional real estate fund Long-term financing Type of use: logistics

The contents of this brochure are for information purposes. Services, products and prices may alter at any time without warning. In many countries, certain products and services are subject to regulatory and legal restrictions. The brochure, or extracts from it, may not be reproduced.

Stuttgart Am Hauptbahnhof 2 70173 Stuttgart GERMANY Phone +49 711 127-72401 Fax +49 711 127-72402 www.LBBW.de [email protected]

Mainz Große Bleiche 54 – 56 55116 Mainz GERMANY Phone +49 6131 64-36554 Fax +49 6131 64-36330 www.LBBW.de [email protected]

Hamburg Neuer Wall 52 20354 Hamburg GERMANY Phone +49 40 3069873-43 Fax +49 40 3069873-40 www.LBBW.de [email protected]

München Art Deco Palais Arnulfstraße 58 80336 München GERMANY Phone +49 89 231181-82 Fax +49 89 231181-55 www.LBBW.de [email protected]

London 7th Floor 201 Bishopsgate London EC2M 3UN GREAT BRITAIN Phone +44 20 7826-8072 Fax +44 20 7826-8090 www.LBBW.de [email protected]

New York 280 Park Avenue 31st Floor, West Building New York, NY 10017 USA Phone +1 212 584-1760 Fax +1 212 584-1769 www.LBBW.de [email protected]

Landesbank Baden-Württemberg

10/16 61 tcf

Landesbank Baden-Württemberg