WE ARE

WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

CONTENTS CROSS BORDER RETAIL & LEISURE...... 04 INTRODUCTION BELGIUM & LUXEMBOURG...... 08 NEVER HAS THERE BEEN To meet the demands of the new retail landscape, we have aligned ...... 12 A MORE EXCITING TIME our Global strategy to deliver best FRANCE...... 16 FOR RETAIL THAN RIGHT in-class advice that harnesses our worldwide network and local ...... 20 NOW. TRADITIONAL MODELS HAVE BEEN expertise to create significant, ITALY...... 24 ongoing value for our clients. You DISRUPTED, AND A NEW will find our multi award-winning THE NETHERLANDS...... 28 ERA IS BEING USHERED IN. team to be future focussed, POLAND...... 32 insightful and passionate about WITH INNOVATION COMES retail, not just retail property. PORTUGAL...... 36 UNCERTAINTY AS WELL RUSSIA...... 40 AS GREAT OPPORTUNITY. To find out how our Global team JUSTIN TAYLOR can help, contact me at ...... 44 Head of EMEA Retail [email protected]. SPAIN...... 48 SWEDEN AND THE NORDICS...... 52 TURKEY...... 56 UNITED KINGDOM...... 60 RETAIL ASSET SERVICES EMEA...... 64

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CROSS BORDER RETAIL & LEISURE WE ARE A LEADING PROVIDER OF CROSS WE ARE BORDER RETAIL AND LEISURE ADVICE IN EMEA, APAC AND THE CROSS BORDER AMERICAS.

Cushman & Wakefield provides consultancy RETAIL & LEISURE and agency advice to brands looking to enter new international markets and expand further in countries where they have a limited presence, taking advantage of each country’s expert local knowledge.

Our long and well-established teams have been grown specifically to satisfy the demands of global clients. Reinforced by our dynamic Cross Border Retail & Leisure team, we as a market-leading retail team provide the most comprehensive range of services from any retail advisory company. We pride ourselves in offering a bespoke approach to every one of our clients, as we understand that every brand is entirely unique.

SERVICES INCLUDE: • Retail Agency – Tenant Representation, Disposals and Acquisitions • Retail Research & Consultancy • Strategic & Market Entry Advice • Retail Development • Valuation • Project Management • Global Occupier Services • Retail Investment • Dedicated leisure, Food & Beverage and Out of Town service lines

OVER

TRANSACTIONS 700 IN 2015 FOR INDIVIDUAL RETAILERS. 270

IN 2015 MANAGED OVER

RELATIONSHIPS 320AND AGREEMENTS WITH RETAILERS WORLDWIDE

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CROSS BORDER RETAIL EMEA CROSS BORDER RETAIL Justin Taylor AMERICAS Head of EMEA Retail Erika Schanke Direct: +44 (0) 20 7152 5198 Managing Director Mobile: +44 (0) 7764 398 198 Americas Retail Services “Cushman & Wakefield [email protected] Direct: +1 212 841 5024 Mobile: +1 404 680 4363 Mark Barrett has been an invaluable [email protected] Head of EMEA Cross Border UNDER ARMOUR FIVE GUYS TED BAKER PRIMARK partner in our EU Retail Agency Ruben Moya Having watched Under The Cushman & Wakefield Ted Baker prides itself on As one of the largest and Direct: +44 (0) 20 7152 5163 Americas Armour’s impressive growth Cross Border Retail Team design, quality, passion and most successful fast fashion expansion. The support Mobile: +44 (0) 7793 808 163 Retail Services in the U.S. over recent years, provided Five Guys with attention to detail. This retailers in the world, Primark [email protected] Direct: +1 (212) 8417 527 we are pleased to be working strategic market entry and approach is evident in their real is in high demand. Mobile: +1 347 602 3183 has been comprehensive, Dr. Yvonne Court with them on their exciting initial valuation advice, estate, as well as their products. [email protected] Head of EMEA Cross Border European roll out. allowing them to make an Cushman & Wakefield Cushman & Wakefield previously in terms of contacts, Retail Consultancy informed decision in securing adapted its role to reflect this secured Primark’s first stores Direct: +44 (0) 20 7152 5028 Cushman & Wakefield provided their Madrid flagship, against and through our strategic in several European countries research, comparisons CROSS BORDER RETAIL APAC Mobile: +44 (0) 7793 808 028 strategic market entry and fierce competition. advice secured Ted Baker’s including France and Spain. Theodore Knipfing [email protected] acquisition advice for Under first European flagship Recently, Cushman & Wakefield and site feedback. Head of Retail Armour's first European The Cross Border Retail Team is in Amsterdam. has provided complex and Lyndsay Barnes Asia Pacific flagship store in Amsterdam, also instructed by Five Guys in detailed market entry advice in Cushman & Wakefield Surveyor - EMEA Cross Border Direct: +852 2507 0578 as well as advising them on several European countries and Building upon the success of order for Primark to ‘take on’ the has helped LEGO Retail Agency Mobile: +852 9300 3877 several new European flagships is providing consultancy advice. Ted Baker’s first European challenging U.S. retail market. Direct: +44 ( 0) 20 7152 5295 [email protected] and their expansion plans. Flagship, Cushman & Wakefield Mobile: +44 (0) 7903 054 864 Company gain a Sara Gougarty is now instructed across several Building on this successful [email protected] countries for their European partnership, competitive advantage Director - Head of China Retail roll out and additionally in Cushman & Wakefield Italy Simon Maurel Tenant Representation Japan and China. has been exclusively retained in site selection”. Partner - Head of International Direct: +86 21 2320 0843 to provide market entry Tenant Representation – Mobile: +86 137 6110 4593 advice and has secured their France Retail Services [email protected] first store in Milan with more DENY ANDOLSCHEK, Direct: +33 (0) 1 53 76 84 65 to follow. Senior Director Retail Mobile: +33 (0) 7 78 82 53 92

Expansion, Matthew Hallett LEGO Senior Consultant - EMEA Cross Border Retail Consultancy Direct: +44 (0) 20 7152 5251 Mobile: +44 (0) 7793 808 121 [email protected]

SUPERDRY TK MAXX COSTA COFFEE LEGO Through collaborations with Offering affordable seasoned Cushman & Wakefield has Since 2008, Timothy Everest and Idris fashion and fantastic value, provided market mapping Cushman & Wakefield has Elba, Superdry has remained TK Maxx represents a U.S. and location strategy provided strategic location one of the most dynamic company that has conquered services in France, India and advice for the LEGO Brand fashion retailers in the UK. the UK. TK Maxx has since the Philippines, together with Retail expansion. We have turned its attention to Europe new market entry advice in located and acquired stores in Cushman & Wakefield has and building on the success of a number of European and the US, UK, , France provided market entry, its Polish roll out, Cushman & other countries. and Belgium and are currently “The Cross Border Retail team has strategic and valuation advice Wakefield is now exclusively advising on market entry in across Europe, including The instructed to acquire stores Cushman & Wakefield is to China. provided market entry and continued Netherlands, Spain, Belgium throughout the Netherlands. instructed to acquire stores and France. in Spain. LEGO now trades from 176 property advice in several European Cushman & Wakefield recently stores worldwide. Cushman & Wakefield continues acquired stores in Rotterdam, to adapt to Superdry’s evolving Eindhoven and Groningen and countries. JD Sports are happy to requirements as the brand has a healthy pipeline of new expands across Europe. stores planned for TK Maxx. recommend their services in all the countries JD operate.”

JD SPORTS Having worked with JD in several European markets, NIGEL KEEN, Cushman & Wakefield is now exclusively retained in Spain and Italy Group Property Director, JD Sports to provide ongoing consultancy and agency advice. This instruction includes the acquisition of JD’s first Italian stores in Milan and Rome.

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BELGIUM & LUXEMBOURG WITH MORE THAN 40 YEARS EXPERIENCE IN BELGIUM & WE ARE LUXEMBOURG, WE HAVE BEEN THE MARKET LEADER IN BELGIUM & RETAIL FOR MORE THAN 25 YEARS.

Thanks to our international network, industry expertise LUXEMBOURG and collaborative approach, our market leading Retail team is recognised as the reference for international retailers to be introduced to and to enter the Belgian & Luxembourg markets.

Our Retail Capital Markets team is established as the market leader in selling a wide range of retail property, and work with a broad portfolio of institutional national and international investors, as well as private investors.

The Retail Agency team leases between 200 and 300 “We have worked very closely together with the Cushman & Wakefield stores per year, in both new and vacant buildings. We have a 33% overall market share, a 53% share of Retail team on the development of our prime piece of land on Avenue de la retail park lettings, 50% of retail investment volumes and 35% of shopping centre lettings. Toison d’Or, Brussels, advising us with design, concept and feasibility.

SERVICES INCLUDE: We have not been disappointed; with the excellent Cushman & Wakefield • Retail Agency – High Street, Shopping Centres and Out of Town Retail: Tenant representation, team, we have created a landmark building with world class tenants disposals and acquisitions • Retail Research and Consultancy including Apple, M&S, Zara and Bodum. Clearly, we are very pleased • Strategic & Market Entry Advice with the partnership between our two companies.” • Retail Development • Investment • Valuation PHILIP VAN PERLSTEIN, • Dedicated leisure, Food & Beverage Managing Director ProWinko Belgium and Out of Town service lines

29% MARKET SHARE IN 2015

INVOLVED IN MORE THAN 50% RETAIL INVESTMENTS IN 2015 (REPRESENTING 654 M EUR VOLUME)

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Jean Baheux International Partner - Head of Retail Agency Belgium & Luxembourg Direct: +32 2 546 08 61 Mobile: +32 478 96 08 61 “When you plan a [email protected] development in Belgium, Boris van Haare Heijmeijer Partner you naturally think of Direct: +32 2 546 08 53 DOCKS BRUXSEL BE-MINE RETAIL PARK GRAND RUE 53 Mobile: +32 475 25 79 03 BRUXELLES BERINGEN LUXEMBOURG Cushman & Wakefield. [email protected] Docks Bruxsel is a new and emerging neighbourhood situated The Cushman & Wakefield Out of Town Retail team was involved Dutch cosmetics and wellness alongside the canal in the north of Brussels. The area is undergoing in the development, consultancy, letting and sale of this 15,000 brand Rituals had been Whether it is for a new Jonathan Delguste extensive economic restructuring and regeneration to offer sq. m retail park. The team worked with the developer to draft looking for a flagship store Partner - High Street Brussels & Wallonia customers a unique, urban experience that brings together leisure, the scheme, creating a competitive commercial mix within a in Luxembourg city centre, brand to be launched Direct: +32 2 510 08 30 Mobile: +32 479 78 08 30 shops, food, culture and entertainment. Opened in October 2016, unique location, close to a former mining site. This involved having outlined challenging [email protected] this new shopping centre is in excess of 49,000 sq. m and has been handling negotiations with various retailers, signing leases with requirements such as an in a new international 90% pre-let by Cushman & Wakefield. We defined the commercial national & international retailers including Albert Heijn, LolaLiza, AAA location and prestigious market or for recurring Guy Rietens tenant mix, securing anchor tenants such as Zara, Mango, Massimo Brico, ZEB, Vandenborre, C&A, Veritas, Chaussea, Ava, Bent frontage. Simultaneously, Associate - High Street Flanders Dutti, Pull & Bear, Mediamarkt, H&M and Match, and upon this and H&M. Finally, we assisted the developer in negotiations to Longchamp were looking to development, Direct: +32 2 510 08 24 success attracted other high-scale brands, realising our objective sell the retail park, handling the share deal transaction with an relocate to a larger store. Mobile: +32 476 83 58 24 of creating an Urban Chic destination within Brussels. institutional investor. Cushman & Wakefield [email protected] Cushman & Wakefield was able to find a location fitting and its retail agency team Philippe Kenens Longchamp’s requirements, Associate - High Street Flanders opposite its previous location, brings you the right advice Direct: +32 2 510 07 06 and assisted Rituals in Mobile: +32 479 48 57 06 occupying the store vacated due to interpersonal skills [email protected] by Longchamp. Kurth Marissens on the territory. The Associate - Shopping Centres Direct: +32 2 510 08 21 company ETAM and Mobile: +32 478 900 821 Cushman & Wakefield [email protected] LE TOISON D’OR BOULEVARD DE WATERLOO 57 Kenneth Verloo BRUXELLES BRUXELLES have set a relationship of Associate - Out of Town Retail Cushman & Wakefield BeLux were instructed as sole agents to Cushman & Wakefield was appointed to let one of the units in Direct: +32 2 510 08 13 market the most prominent retail scheme in Brussels 2013- this three-unit property, for which we promptly secured luxury trust and professionalism Mobile: +32 478 81 08 13 2015. We provided development advice on the 6,500 sq. m retailer Moncler. When a second unit became available, which [email protected] plot located in the centre of one of the best shopping streets had been occupied by the landlord as a watches and jewellery for several years, our Virginie Chambon in Belgium, resulting in the leasing of a 12,000 sq. m retail merchant, Cushman & Wakefield was appointed once more, Associate - Head of Retail Agency scheme in uptown Brussels. We successfully secured world-class and secured Chopard to build on the established luxury tone. BETTEMBOURG partnership is full Luxembourg tenants including the first (and only) Apple store in Belgium, We successfully advised the landlord on selling the asset to a RETAIL PARK Direct: +352 27 21 33 04 the countries’ first Marks & Spencer, a new Zara flagship and private investor and, in turn, let the final unit in the trio to luxury LUXEMBOURG of confidence and I Mobile: +352 661 799 406 Belgium’s first Bodum. homeware retailer Christian Liaigre. The Cushman & Wakefield [email protected] BeLux Out of Town Retail team recommend you to is involved in the development, Arnaud de Bergeyck consultancy and letting of get in contact with Partner - Head of Capital Markets Retail a 10,000 sq. m retail park in Direct:+32 2 546 08 77 Mobile: +32 475 42 32 70 Bettembourg. We worked with them regarding your [email protected] the developer in drafting the international strategy.” scheme to create a competitive Bart Joosten commercial mix on a location Partner - Capital Market Retail CHRISTOPHE BERTEAU, with a substantial catchment Direct: +32 2 510 08 04 area. The retail project, which Development Director, Mobile: +32 478 27 08 04 will include green roofs and high Etam Groupe [email protected] MEIR 67-69 RETAIL PARK quality finishing, will be ready at the beginning of 2018. In Stijn Thomas ANTWERPEN FROYENNES Associate - Capital Market Retail Having decided to expand to the Belgian market, Uniqlo The Cushman & Wakefield Out of Town Retail team was involved addition, Cushman & Wakefield handled the negotiations with Direct: +32 2 510 07 09 identified Antwerp, the fashion capital of Belgium, as a potential in the development, consultancy and letting of this retail park Mobile: +32 476 72 07 09 potential retailers. entry point. Having identified the appropriate store, Cushman developed by Equilis, one of Belgium’s leading developers. We [email protected] & Wakefield worked jointly with Uniqlo’s expansion and legal assisted Equilis in drafting the scheme to create a competitive managers to seal lease terms. As a result, Uniqlo now has a commercial mix on two levels, which also has parking on the flagship store on Antwerp’s main shopping boulevard, the Meir. roof. We undertook negotiations with retailers and successfully signed leases with international brands such as H&M, LolaLiza, La Grande Récré, Chaussea and Basic Fit.

IN 2015 THE RETAIL AGENCY TEAM WAS INVOLVED IN 222 LETTING TRANSACTIONS REPRESENTING 122,400 SQ. M GLA

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CZECH REPUBLIC THE PRAGUE RETAIL TEAM IS UNRIVALLED WE ARE ON THE CZECH MARKET, PROVIDING COMPLEX SOLUTIONS CZECH REPUBLIC TO MEET THE NEEDS OF THE MOST DEMANDING CLIENTS.

The Cushman & Wakefield Retail team is the largest and only team in the Czech market to provide complex services such as high street leasing, re-leasing of shopping centres, tenant representation, F&B and leisure, retail asset management, retail consultancy, cross border retail services and retail marketing. We “As a partner for the redevelopment of our shopping mall Galerie Butovice, specialise in property advisory services to deliver strategic solutions for our clients development, leasing we have chosen Cushman & Wakefield and now we consider it as a good and property management needs. choice. During the very first year we saw an important improvement of Galerie Butovice – from the tenants interest point of view, to the market SERVICES INCLUDE: attraction of the project. We have started the reconstruction, we deal • High Street & Tenant Representation • Shopping Centre Leasing and Releasing with new anchor tenants which will move our shopping mall to a higher • Shopping Centre Asset Releasing level. Our partners from Cushman & Wakefield's retail department in • Retail Research & Consultancy • Lease Advisory cooperation with asset management have proved that they are able both to • Retail Development Consultancy define a new concept of the project and convince the market. • Retail Marketing B2B • Dedicated leisure, Food & Beverage We appreciate their persistence and positive result orientation. and Out of Town service lines There is still a long and hard way until everything will be finished but together with Cushman & Wakefield we will make it.”

DAVID SVOBODA, Head of Asset Management CZ&HU, VALAD No.1 RETAIL TEAM IN CZECH REPUBLIC WITH 65% MARKET SHARE

PRAGUE RETAIL TEAM INVOLVED IN 317 TRANSACTIONS REPRESENTING

120,239 SQ. M IN 2015 INVOLVED IN

95% (5 SHOPPING CENTRES) OF RETAIL INVESTMENT TRANSACTIONS IN 2015/2016

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Jan Kotrbáček Barbora Cassandrová Head of Retail Services CE SC Asset Releasing Direct: +420 234 603 510 Direct: +420 234 603 515 Mobile: +420 602 655 806 Mobile: +420 724 329 752 [email protected] [email protected]

Jan Voslář Markéta Ježková “In the last 5 years, Head of High Street & Tenant SC Leasing and Releasing Representation Direct: +420 234 603 530 Direct: +420 234 603 550 FOOT LOCKER, PRAGUE 5 COS, PRAGUE PUPA, PRAGUE FOOT LOCKER, PRAGUE the partnership with Mobile: +420 736 488 165 Centrum Černý Most, Prague 4 Mobile: +420 724 484 470 [email protected] Zlatý Anděl, Prague5 Pařížská 23, Prague 1 Wenceslas Square 2, Prague 1 Cushman & Wakefield [email protected] CBRE GI PSN Unibail Rodamco Mint Cushman & Wakefield were Cushman & Wakefield’s High Cushman & Wakefield advised Cushman & Wakefield were brought us important Rostislav Veselý Peter Hakun instructed by the landlord Street Retail team were PUPA on their expansion appointed by Mint as the Head of Shopping Centre Leasing SC Asset Releasing CBRE GI, as sole agent on the appointed as the exclusive within the Czech Republic. exclusive leasing agent for increases both in & Releasing Direct: +420 234 603 575 property Zlaty Andel, located leasing agent for the re- Our Tenant representation one of the most iconic corner Direct: +420 234 603 525 Mobile: +420 775 422 514 [email protected] on the second most prominent development and leasing team introduced the brand buildings on Prague´s High turnover and footfall. Mobile: +420 606 642 295 to Unibail Rodamco and [email protected] high street in Prague. The of the property Pařížská 23, Street. Our High Street Retail Martin Maček Zlaty Andel scheme includes one the best known luxury was further involved in the team were involved in B2B Thanks to their Jan Čížek SC Leasing and Releasing offices totalling 13,200 sq. m, shopping streets in Central expansion consultancy and marketing, the introduction of Direct: +420 234 603 540 with retail totalling GLA of Europe. Our High Street decision making process the opportunity to Foot Locker professional property Head of Retail Asset Releasing Direct: +420 234 603 500 Mobile: +420 777 488 907 6,500 sq. m. Retail Team secured COS, on behalf of PUPA. In the and negotiation of terms and [email protected] summer of 2016, PUPA management and Mobile:+420 725 196 550 the premium brand from conditions. As a result, Foot [email protected] Cushman & Wakefield’s High the H&M Group, with a total opened its first store in the Locker took 5 floors (3 floors Martina Čtvrtníková Street team secured Foot area of 600 sq. m. COS Czech market at Centrum dedicated to sales) within this proactive re-leasing, Tomáš Vavrečka SC Asset Releasing Direct: +420 234 603 505 Locker for an area 350 sq. opened its first store in the Čerrny, totalling 69 sq. m. iconic building with a total. Tenant Representation Mobile: +420 774 355 857 m, occupying two floors of They will also be opening Olympia Pilsen Direct: +420 234 603 565 Czech Republic in spring area of 1,500 sq. m, located at [email protected] the high street corner unit 2016, offering two floors of Centrum Chodov, also owned the lower part of Wenceslas Mobile: +420 606 639 066 by Unibail Rodamco. Cushman ensured its position in [email protected] opposite Prague’s third most modern, well positioned retail Square. The opening is Pavel Svoboda dominant shopping centre space. Other brands secured & Wakefield continue to planned for the Spring of 2017, provide PUPA with strategic the market. Zdeněk Zádrapa High Street scheme - Novy Smichov. The by Cushman & Wakefield on and (at time of printing) it will Direct: +420 234 603 520 consultancy advice on their F&B Leisure Specialist location of Andel is known Parizska Street are Gucci, be the largest flagship store The significant Mobile: +420 732 909 802 future expansion. Direct: +420 234 603 560 as a busy transportation Jimmy Choo, Tiffany & Co. to open in Central Europe. [email protected] hub with a daily footfall of and Brioni. The property is situated at improvement in Mobile: +420 724 525 800 [email protected] approximately 70,000 people. the busiest intersection of Andrea Lundáková Wenceslas Square and Na performance has thus Markéta Hrubá High Street Prikope Street, with an annual Direct: +420 234 603 555 enticed many new SC Leasing and Releasing footfall of 36 million visitors. Direct: +420 234 603 585 Mobile: +420 727 855 253 [email protected] brands to open their Mobile:+420 725 571 756 [email protected] stores here. Olympia has become the leader in the Pilsner region and continues to get stronger and NESPRESSO AND FLYING TIGER KIKA, PRAGUE IGY II, CESKE BUDEJOVICE SWAROVSKI, COPENHAGEN, PRAGUE stronger.” Galerie Butovice, Prague 5 IGY II, České Budějovice Nám.Svobody 13, Brno Jungmann Square 1, Prague 1 (extension) Valad CPI PG Magnum Real Estate Generali Real Estate Our Shopping Centre Cushman & Wakefield manages DANIELA ŠPŮRKOVÁ, GALERIE BUTOVICE, PRAGUE On behalf of Magnum Real Cushman & Wakefield were Asset Releasing team and exclusively releases the Head of Asset Management, Galerie Butovice, Prague 5 Estate, Cushman & Wakefield appointed by Generali Real were involved in strategic majority of CPI PG portfolio CBRE Global Investors Valad have been involved in the Estate as the exclusive leasing discussions with the landlord (9 projects in total) including In 2015 the Cushman & Wakefield Retail re-development and letting of agent for the re-development for Galerie Butovice, IGY Česke Budejovice (20,000 team were appointed by the landlord as the Nespresso and Swarovski and leasing of the property discussing the vision for the sq. m). Our Shopping Centre the exclusive leasing agent for Galerie Flagship stores on one of – Jungmann Square 1. The project and potential plans Asset Releasing team is further Butovice (38,000 sq. m) in Prague 5. Brno’s main high streets - Nám. property is an architecturally for the expansion for Kika. involved in the development Our Shopping Centre Asset Releasing Svobody 13. In December 2015 interesting building, We agreed terms with the consultancy of IGY, including team has been involved in the strategic Nespresso opened its first representing the gateway to landlord, signing within six the extension of the project to discussion on the future vision of the flagship store in Brno (second Prague's high street. months. Further involvement IGY II (8,000 sq. m), leasing, project, including the improvements store in the Czech Republic) Cushman & Wakefield's High included discussions cooperation on reconstruction to the extension and refurbishment. with an area totalling 206 sq. Street team introduced several regarding negotiation of including a new multiplex Supported by marketing materials m. In addition, our Cushman potential retailers to the landlord terms and construction cinema, food court and a tenant and a conceptual study, our team & Wakefield High Street team and, as a result, Generali Real permits. The 15,000 sq. m. mix including brands Douglas recommended the landlord bring Kika secured Swarovski next door to Estate signed Tiger (Flying Kika store is planned to open and Camp David. Opening is (15,000 sq. m) to the project along Nespresso in the same period. Tiger Copenhagen) for 774 sq. in 2018. planned for autumn 2017. with other brands including Lindex m. Tiger will open another store and New Yorker. Cushman & Wakefield in an AAA location in Prague´s cooperated on the reconstruction and high street, expected for the refurbishment of Galerie Butovice summer 2017. and importantly are optimizing the tenant mix for 2018.

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FRANCE OUR FRANCE RETAIL TEAM OFFERS A COMPREHENSIVE WE ARE RANGE OF SERVICES BY PROVIDING AN UNPARALLELED FRANCE COMBINATION OF TALENT, EXPERIENCE AND RESOURCES.

Across France, whether you are a national or international brand, a developer or an investor, we advise you on solutions adapted to your strategy. We handle rental, acquisition and sales operations, as well as development of retail operations for investors or local communities, asset management and valuation of assets or project management on “ We have instructed Cushman & Wakefield’s fit-out projects. Our extensive knowledge of the retail market enables us to advise tenants, landlords office and retail teams with the mandate for and investors on their development strategy. We advise and represent national and international Grand Hôtel-Dieu, their knowledge of the brands, as well as retailers wishing to establish their brands in France. In addition, we have also developed a range of services dedicated to the global property market being a determining luxury retail market. factor for the commercial success of a project of

this scope. Thanks to their international reach, SERVICES INCLUDE: • Retail Research & Consultancy their knowledge of retailers and their local • Valuation & Advisory • Retail Agency – Disposals & Acquisitions & Lease presence for marketing, we are confident that Administration Cushman & Wakefield will meet the challenge • Advice & Development, Tenant Representation • Property Management that we have entrusted them with.” • Retail Investment • Project Management ANNE GENOT, • Dedicated leisure, Food & Beverage and Out of Town service lines President SCAPRIM ASSET MANAGEMENT 50 DEDICATED RETAIL SPECIALISTS CUSHMAN & WAKEFIELD FRANCE

MORE THAN 150 DEALS DONE IN 2015

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Christian Dubois International Partner - Head of Retail Services France Direct: +33 (0)1 53 76 92 96 Mobile: +33 (0)6 71 01 43 01 [email protected]

Nathalie Razafine Partner - Head of National High Streets Retail France GRAND HÓTEL DIEU, LYON TABLE SQUARE, LA PRADO, MARSEILLE FRUNSHOPPING NANCY NIKE Direct: +33 (0)1 53 76 80 42 Cushman & Wakefield DEFENSE, PARIS On behalf of Montecristo SUD, ST-NICOLAS-DE-PORT Cushman & Wakefield was Mobile: +33 (0)6 35 35 19 54 has been mandated in Cushman & Wakefield has Capital and Klepierre, On behalf of De Vlier, retained by NIKE for Project [email protected] co-exclusivity by Scaprim been instructed, in co- Cushman & Wakefield has Cushman & Wakefield has Management services for Simon Maurel Asset Management for the exclusivity, by developer been instructed as exclusive been instructed as sole the new In-line and NFS Partner - Head of International Tenant letting of the Grand Hôtel Banimmo for the leasing of letting agent for the 23,000 agent for the letting of the Stores in France and Belgium. Representation France Dieu project in the heart the "Table Square" project. sq. m. shopping centre Frunshopping Nancy Sud retail In particular, our Retail Direct: +33 (0)1 53 76 84 65 of Lyon. This historical More than 2,500 sq. m. will in Marseille. Our French park scheme totalling 20,000 department assisted Nike Mobile: +33 (0)7 78 82 53 92 site, property of Crédit be dedicated to gastronomy Retail team has secured sq. m of retail area, located to during all project phases [email protected] Agricole, is a landmark iconic department store of its new flagship “In-line” and modern dining in this the south of the city of Nancy. Vincent Ascher building of the Presqu'île ambitious project distributed Galeries Lafayette at Prado, This site will include also a store in Paris (1,282 sq. m.) Partner - Luxury Retail Agency of Lyon and a reference for over 3 buildings. La Défense marking the first deal of this supermarket of 5,000 sq. m. until the store opening. The France all inhabitants. The scheme is one of the largest business exceptional site. Prado is a and several restaurants. scope of work included: Direct: +33 (0) 1 53 76 92 95 will develop 52,000 sq. m. districts in Europe and also new concept of shopping technical assistance on Mobile: +33 (0) 6 77 95 69 28 including museums, offices, includes "Les 4 Temps", centre, which will offer lease negotiation, assistance [email protected] a convention centre, an the most highly frequented consumers an unprecedented on Landlord works’ hand- Hélène Halmagrand Intercontinental hotel and shopping centre with 45 premium shopping experience over, project management Associate - Head of Shopping Centres and during pre-construction and 17,000 sq. m. of retail and million visitors annually. in France’s second city. Retail Parks France restaurants, not to mention construction phases, work’s Direct: +33 (0)1 53 76 80 25 8,000 sq. m. of courtyards hand-over, commissioning and Mobile: +33 (0)6 86 18 20 72 and gardens. Forecasted works completion, assistance [email protected] opening date: late 2017. on store opening. Thomas Hebert Associate - Global Consulting Retail France Direct: +33 (0)1 53 76 91 93 Mobile: +33 (0)6 85 04 80 98 [email protected]

Nils Vinck International Partner Head of Capital Markets France Direct: +33 (0)1 86 46 10 19 Mobile: +33 (0)6 63 13 27 37 [email protected] NEW LOOK ALBERTA FERRETTI, FBG TH REAL ESTATE, CENTRE BUILDING FRANCOIS 1ER, UNIBAIL-RODAMCO Since 2012, Cushman & ST-HONORE, PARIS SUD, LE MANS PARIS Cushman & Wakefield is Paul Cornaille Partner - Head of Asset Services France Wakefield France has been New Cushman & Wakefield has The Cushman & Wakefield valuing 50% of Unibail- Cushman & Wakefield acts an Direct: +33 (0)1 41 02 72 22 Look’s exclusive real estate advised the Aeffe group for Paris Retail Consultancy Iconic Haussmannian mixed Rodamco assets, the leading commercial real estate REIT Mobile: +33 (0) 6 19 84 39 08 agent, dealing with all property the relocation of their Alberta team has accompanied use building (Office / Retail) [email protected] matters on behalf of the Ferretti store of 140 sq. m. TH Real Estate in defining of approximately 7,110 sq. m. in Europe specialized in shopping centres. leading UK brand. Our team has and the opening of their new the retail strategy and of total usable area located Jean-Philippe Carmarans concluded over 22 transactions, Parisian showroom of more renovation project of the at the heart of the Golden International Partner - Head of Valuation & from new acquisitions and store of 600 sq. m. in the same Centre Sud shopping centre triangle in the centre of Paris Advisory France relocations to lease renewals building, located at 43 rue du in Le Mans. By working with CBD: hot spot of business, Direct: +33 (0)1 41 02 71 11 and regears as well as project Faubourg Saint-Honoré, one the architecture and design tourism and Parisian luxury. Mobile: +33 (0)6 22 50 67 33 management services. This of the most famous luxury agency mandated by TH [email protected] fruitful collaboration highlights shopping streets in Paris. Real Estate, this mission has Hélène Fiani the leading International Tenant identified the main priorities Partner - Head of Project Management & Representation capability of of restructuring retail offers Consultancy France Cushman & Wakefield, with and modernising the 37,000 Direct: +33 (0)1 86 46 10 86 currently over 12 exclusive sq. m. shopping centre. Mobile: +33 (0)6 45 49 31 24 retailers’ instructions covering [email protected] the whole of France and all property types (high street, shopping centres and retail parks).

95,000 SQ. M LEASED IN 2015

18 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -19 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

HUNGARY OUR RETAIL TEAM IS THE LEADING RETAIL ADVISORY TEAM ON THE HUNGARIAN WE ARE PROPERTY MARKET. OUR TEAM HAVE EXTENSIVE EXPERIENCE DEALING WITH ALL TYPES HUNGARY OF COMMERCIAL PROPERTY INCLUDING NEW SHOPPING CENTRE DEVELOPMENTS, HIGH STREET PREMISES, RETAIL WAREHOUSING DEVELOPMENTS AND FACTORY OUTLET SCHEMES.

Since the evolution of the modern SERVICES INCLUDE: retail market in Hungary, we have assisted many international retailers • Retail Agency – Tenant to enter the market, including Louis Representation, Disposals Vuitton, Burberry, Douglas, Promod, and Acquisitions Michael Kors, Claire’s and PUPA. • Strategic & Market Entry Advice • Development Consultancy We provide our clients with the highest level of service providing • Retail Investment expertise and local market knowledge • Retail Research & Consultancy to all our clients' retail requirements. • Dedicated leisure, Food & Beverage and Out of Town service lines

RESPONSIBLE FOR OVER

350,000 SQ. M OF RETAIL PROJECTS INCLUDING SHOPPING CENTRES, HIGH STREET PROJECTS AND RETAIL PARKS

LEASING INSTRUCTION ON OVER 36 RETAIL PROJECTS

ADVISED LANDLORD IN LEASE NEGOTIATION OF LARGEST H&M STORE IN CE REGION OVER 5,300 SQ. M

20 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -21 §

WE ARE HUNGARY HUNGARY RETAIL CONTACTS

Viktória Szabó Partner - Head of Retail Direct: +36 (1) 484 1318 Mobile: +36 (30) 244 8237 [email protected]

Melinda Szilágyi, dr. Senior Negotiator Direct: +36 (1) 484 1335 ARÉNA PLAZA, BUDAPEST FASHION STREET, BUDAPEST VODAFONE, NATIONAL Mobile: +36 (70) 330 4123 [email protected] Lanebridge appointed Cushman & Wakefield with the A unique mixed-use project, including a class-A office building and Vodafone Hungary appointed exclusive leasing and property management of its 66,000 sq. m a shopping street extending along Deak Ferenc Street between Cushman & Wakefield as their GLA shopping centre development, Arena Plaza, in 2010. Since Lyliet Meléndez Deak Square and Becsi Street, includes 23 retail premises exclusive leasing agent, Associate - Negotiator then, Cushman & Wakefield have attracted new retailers extending to 9,000 sq. m. renegotiating existing leases for Direct: +36 (1) 484 1356 to the centre, including Media Markt, Sports Direct, Deichmann, 23 locations. In addition, during Mobile: +36 (30) 6893480 Claire’s, Women Secret, Parfois, The Body Shop, Samsonite, Bobbi Cushman & Wakefield has been the exclusive letting agent on 2016, Cushman & Wakefield [email protected] Brown, Pandora, Starbucks, Michael Kors, Massimo Dutti, Zara the project since 2002. During the past few years we have leased negotiated Vodafone’s new Home, Nespresso and O’bag, resulting in 100% occupancy and retail units to international fashion tenants including Hugo Boss, flagship store in the downtown Katalin Schreffel the best tenant mix in the market. Lease extensions were also Massimo Dutti, Zara Home, Furla, Lloyd Shoes, Tommy Hilfiger, area of Budapest. Leasing Negotiator completed with both H&M and Zara, together with all relevant Starbucks, Oysho, Intimissimi and NIKE. (9,000 GLA) Direct: +36 (1) 880 7023 relocations within the building. (65,000 GLA) Mobile: +36 (30) 966 1331 [email protected]

Erzsébet Bárdosi Junior Estate Supervisor Mobile: +36 (30) 433 5395 [email protected]

NESPRESSO, NATIONAL Nespresso has been present H&M, VÁCI 1, BUDAPEST COS, ANDRÁSSY ÚT 33, MOM PARK, BUDAPEST THE RITZ-CARLTON in the Hungarian market since Cushman & Wakefield is the BUDAPEST MOM Park is a high-end HOTEL, BUDAPEST 2006 with a flagship boutique exclusive letting agent of Cushman & Wakefield is the shopping centre spread over The owners of the hotel joined on Andrássy út. They also Vaci 1, successfully securing a exclusive letting agent of 31,000 sq. m of retail space, the Ritz-Carlton Hotel chain in have boutiques in Allee and 5,800 sq. m flagship store and the Landlord, leasing this with 102 retail units and 1,232 Q3 2015. This five-star luxury Aréna Plaza shopping centres. a 1,400 sq. m office area in the prestigious retail store to COS, parking places. hotel is situated in downtown Cushman & Wakefield advised building as the new H&M making this their first store in Cushman & Wakefield has Budapest in a 20th century the retailer during both new HQ and the largest flagship Hungary. This high street been the exclusive leasing heritage building. openings In Allee and Aréna store in the CEE region. The landmark location is located on agent on the project since Cushman & Wakefield advised Plaza shopping centres, landmark building is located Andrassy avenue and is part 2006. In the past few years the landlord on leasing as well as supporting the at the heart of Budapest's of the National Heritage Site. Cushman & Wakefield has conditions and potential decision of the company with main shopping area at the (850 GLA) assisted retailers such as retailers who offer unique 2 consultancy reports. corner of Vaci Street and Michael Kors, Furla, Camp products and services as Vorosmarty Square. David, Coccinelle, Salamander, recommended future partners (7,200 GLA) Guess Accessories, Marc of the luxury hotel operator. Cain, H&M, Helly Hansen and Retailers already secured for Reserved in opening stores in the building include Twin-Set MOM Park. (30,000 GLA) (first Hungarian store), Bobbi Brown, Plantomime and Le Perfume. (300 GLA)

CLAIRE’S, NATIONAL Cooperation between Claire’s and Cushman & Wakefield started in 2010 with an advisory service concerning potential expansion of the brand to the Hungarian market, and representation MARKET CENTRAL FERIHEGY, VECSÉS on acquisition/leasing of properties around the country. Market Central Ferihegy is the first and only retail park in Hungary, Claire’s currently operates 16 offering a complete retail park tenant mix including H&M, C&A, stores in Hungary, all CCC, Deichmann, Charles Vogele, Intersport, Muller Drogerie, Jysk, of them secured by a food court area and drive-thru Burger King. Anchor tenants Cushman & Wakefield. include Tesco hypermarket and Praktiker D.I.Y. Cushman & Wakefield has been the exclusive leasing agent on the project since 2006. (44,000 GLA)

22 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -23 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

ITALY CUSHMAN & WAKEFIELD IS THE LEADING RETAIL WE ARE PROVIDER IN ITALY, OFFERING COMPREHENSIVE ITALY ADVICE ON ALL ASPECTS OF RETAIL PROPERTIES.

Our team in Italy has extensive knowledge and a significant track record both on the high street and shopping centre markets across the Italian territory. Our High Street department is the market leader and has strong connections with the major Italian fashion and luxury brands. It provides consultancy “ The choice of Cushman & Wakefield and agency advice to national and international brands to identify the best real estate opportunities as consultant has perfectly answered in the main Italian cities. Our Shopping Centres team has proven experience our group's needs for international, in leasing large schemes with high-level contacts of leading retail brands. They have in-depth knowledge multidisciplinary and territorial presence. of the competition and have the ability to classify the centre standing in terms of tenant mix, rental The excellent contribution of the leasing and service charges level. Our international contacts are the main driver for a successful tenant mix. team proved to be essential in obtaining the final result, not only for their efficiency SERVICES INCLUDE: and their ability to get in line with the • Retail Agency – High Street, Luxury, Shopping Centres, Tenant Representation, Disposals and needs of IKEA Centres, both operatively Acquisitions • Retail Research & Consultancy and strategically, but also and especially • Strategic and Market Entry Advice • Retail Development for the perseverance demonstrated and • Valuation their will to innovate and constantly • Project Management • Global Occupier Services improve the work done.” • Retail Investment • Dedicated Food & Beverage service line FABIO TEDESCHI, Head of Leasing Italy & IKEA Centres

OVER

170RETAIL LEASE TRANSACTIONS FOR HIGH STREET AND SHOPPING CENTRES

24 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -25 WE ARE ITALY ITALY CONTACTS

“IL CENTRO represents a unique project Thomas Casolo International Partner in the Italian context of shopping centres. It Head of Retail - Italy Direct: +39 02 63799 218 stands out thanks to its design inspired by Mobile: +39 335 6512 556 [email protected] local tradition while looking at the future of Carmen Chieregato technology and environmental sustainability. Managing Director - Cogest Retail Direct: +39 02 91278302 ELNÒS SHOPPING - IKEA CENTRES IL CENTRO – FINIPER GROUP Mobile: +39 335 8471760 RONCADELLE, BRESCIA ARESE, MILAN [email protected] Following a winning bid, at the end of 2014, Cushman & IL CENTRO was developed on the former historic IL CENTRO offers an exclusive brand mix with Wakefield was appointed to lease the gallery of ELNÒS headquarters of Alfa Romeo, the automobile manufacturer, Matteo Alessandrino Shopping, the largest shopping centre in the province of and has a total surface area of 120,000 sq. m with a GLA of international players choosing this location Partner - Retail High Street Brescia and the second mall developed by IKEA Centres in 93,000 sq. m (ground floor 55,000 sq. m, first floor Direct: +39 02 63799 259 Italy. The task was completed in the spring of 2016 with 38,000 sq. m). to open their first stores in Italy and retailers Mobile: +39 335 8442 241 [email protected] 100% of stores let, delivering a top quality brand mix, proposing innovative and original formats. including leading Italian, international and local retailers, The shopping centre brings together more than 200 retail Roberto Marchetti for a total of 144 shops, on 2 commercial levels and 88,000 brands, including 20 restaurants and cafés with a provision of Director of Business Development sq. m of GLA. Besides the pre-existing anchor, an IKEA 6,000 parking spaces. Every brand with a shop at IL CENTRO, Cogest Retail store that is now connected to the gallery, the mall has introduced innovative retail concepts to offer customers a Cushman & Wakefield fully embraced our Direct: +39 02 91278202 features Primark (opening in December), all Inditex brands, new exclusive experience. Cushman & Wakefield was involved Mobile: +39 335 8471759 H&M, Sportland, Terranova, Piazza Italia, Pellizzari, Scarpe in the leasing activity, bringing to the scheme prime national project bringing their international view and [email protected] & Scarpe, Toys con Te, Euronics, Maisons du Monde and and international retailers, contributing to improve the quality Giampiero Milanaccio the grocery anchor Ipercoop. of brand mix before the grand opening in April this year. expertise. The dedicated team supported us in Associate - Retail High Street the leasing process with their local and global Direct: +39 02 63799 320 Mobile: +39 335 7623 396 knowledge and professionalism.” [email protected] Gian Luca Paganini FRANCESCO IOPPI, Associate - Tenant Rep. Retail High Street Head of Real Estate, Finiper Group Direct: +39 02 63799 324 Mobile: +39 329 9578 082 [email protected]

Michela Farina PRIMARK JD SPORTS MICHAEL KORS Negotiator - Retail High Street IL CENTRO ELNÒS SHOPPING VIA CONDOTTI, ROME Direct: +39 02 63799 205 ARESE, MILAN RONCADELLE, BRESCIA Cushman & Wakefield advised Michael Mobile: +39 349 0512 963 Cushman & Wakefield acted as Cushman & Wakefield, as exclusive advisor Kors for the opening of their 200 sq. [email protected] Primark's exclusive advisor for the retail of JD Sports for the retail development in m. store in the luxury high street of via development in Italy, acted on their Italy, acted on their behalf for the opening Condotti in Rome. Andrea Malaman Negotiator - Retail High Street behalf for the opening of their first Italian of their 450 sq. m. store within ELNÒS Direct: +39 02 63799 220 store within IL CENTRO shopping centre, Shopping, Roncadelle (Brescia). Mobile: +39 346 0081 776 Arese (Milan). The shop is on two floors [email protected] with an overall area of 5,250 sq. m. Andrea Scotti Negotiator - Retail High Street Direct: +39 02 63799 209 Mobile: +39 346 2100 763 [email protected]

Paolo Galbusera Associate - Retail Shopping Centres Direct: +39 02 63799 206 Mobile: +39 335 8442 243 [email protected]

CHLOE' VAN CLEEF & ARPELS PHILLIP PLEIN Cristina Marchesi VIA DELLA SPIGA, MILAN VIA MONTENAPOLEONE, MILAN CORSO VENEZIA, MILAN Consultant - Retail Shopping Centres Cushman & Wakefield acted on behalf of Cushman & Wakefield acted on behalf Cushman & Wakefield acted as exclusive Direct: +39 02 63799 293 Richemont Group advising Chloé on the of Richemont Group and advised Van advisor of the Landlord in order to Mobile: +39 339 3229 889 lease acquisition of the 220 sq. m. store in Cleef & Arpels on the relocation of their identify a tenant for the 600 sq. m shop [email protected] the famous luxury street of via della Spiga store in the world famous luxury high in corso Venezia in Milan and successfully Roxana Vulpe in Milan, within the “Quadrilatero della street of via Montenapoleone, within the leased the space to Phillip Plein. Negotiator - Retail Shopping Centres Moda” fashion area. “Quadrilatero della Moda” fashion area. Direct: +39 02 63799 249 Size of the store: 440 sq. m. Mobile: +39 345 0803 283 [email protected]

Haili Zhou Junior Negotiator Retail Shopping Centres Direct: +39 02 63799317 [email protected]

26 - Cushman & Wakefield - EMEA Retail Book 27 - Cushman & Wakefield - EMEA Retail Book - 27 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

THE NETHERLANDS CUSHMAN & WAKEFIELD ARE THE LEADING DUTCH WE ARE REAL ESTATE SERVICE PROVIDER, OFFERING COMPREHENSIVE THE NETHERLANDS ADVICE ON ALL ASPECTS OF RETAIL PROPERTY.

We have unrivalled knowledge of the market place, which has been built over many years through very strong contacts with institutional landlords, private investors and developers, as well as national and international retailers. To maintain and expand our position we actively use the existing expertise within Retail Agency and we strive for a proactive, solid and sound advice, whether it is the letting of an individual shop, providing advice on an estate, or acting on behalf of retailers.

RETAIL AGENCY SERVICES INCLUDE: • Leasing • Tenant Representation • Rent Reviews / Lease Renewals • Shopping Centre Leasing Management • Dedicated leisure, Food & Beverage and Out of Town service lines

No.1RETAIL SPECIALIST IN THE NETHERLANDS WITH 16% MARKET SHARE

WITH

14 NATIONWIDE, WE HAVE THE LARGEST, SPECIALIST RETAIL AGENCY TEAM IN THE NETHERLANDS

LEASED OVER A TOTAL OF

50,000SQ. M TRIPLE A RETAIL SPACE

28 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -29 WE ARE THE NETHERLANDS THE NETHERLANDS CONTACTS

H&M, NATIONAL Arjen Boesveldt We advised Swedish retailer H&M on the acquisition of two new flagship stores in the Netherlands. Both Partner - Head of Retail Agency flagship stores are located in nationally listed, corner buildings owned by Maison de Bonneterie and are Direct: +31 (0)20 800 20 35 both modern and luxurious. However, the historical details in both of the stores have remained intact. H&M Mobile: +31 (0)6 109 30 908 The Hague is a 6 storey store at approx. 4,500 sq. m. H&M Amsterdam, located at Kalverstraat/Rokin, is a [email protected] 5,000 sq. m concept store set out over 7 storeys. We also advised H&M in Eindhoven and acquired their largest European flagship store in Rotterdam of over 6,000 sq. m. Pepijn van den Bosch Partner Direct: +31 (0)20 800 20 37 Mobile: +31 (0)6 117 21 234 [email protected] TK MAXX, NATIONAL We are exclusive advisors to TK Maxx and advised on their initial entry to the Dutch market. We Gijs van Dedem advised on the acquisition of three stores in the Netherlands, which opened recently in Eindhoven Partner (2,338 sq. m), Rotterdam (2,371 sq. m) and Groningen (3,526 sq. m). Two more stores will open this Direct: +31 (0)20 800 20 36 year and four are planned for 2017. All stores are located in prime locations in the shopping areas. In V&D Mobile: +31 (0)6 107 86 954 the coming years, TK Maxx is planning on opening around 25 more stores in the Netherlands. A truly creative and innovative approach to client [email protected] management has seen Cushman & Wakefield Arthur Moerman singlehandedly transform the prospects of the Associate struggling iconic and long-established Dutch retail Direct: +31 (0)20 800 20 27 department store - V&D. Faced with bankruptcy in Mobile: +31 (0)6 139 67 111 SNIPES, NATIONAL early 2015, V&D was on the verge of closing all 63 [email protected] of its high street stores. Considering the importance Over the past 2 years, we have advised Snipes, the German sneaker and streetwear chain, on their entry of V&D in the Dutch retail landscape, Cushman & to the Dutch market. We have acquired a total of 6 stores to date, equating to approximately 3,000 Niels van der Ham Wakefield initiated meetings for all 22 landlords plus Associate sq. m, which are all situated in prime locations throughout the Netherlands. (Amsterdam 765 sq. m – V&D´s US private equity owner Sun Capital, with Direct: +31 (0)20 800 20 28 Eindhoven 210 sq. m – Haarlem 210 sq. m - Rotterdam 843 sq. m – Tilburg 550 sq. m – Utrecht 290 sq. m) the aim to jointly examine if an appropriate solution Mobile: +31 (0)6 275 36 275 could be created. This resulted in the owners of [email protected] V&D’s 63 high street stores agreeing to lower rents in the hope to generate savings totalling nearly €30 Hugo Franck mln. Additionally, V&D's US private equity owner, Associate Sun Capital, pledged to invest €60 mln in the chain, Direct: +31 (0)20 800 20 33 Mobile: +31 (0)6 117 21 175 SHOPPING CENTRE HEUVEL, EINDHOVEN up from the €40 mln promised earlier. [email protected] Cushman & Wakefield provides leasing management and valuations to CBRE Global Investors who are the Cushman & Wakefield’s role in the negotiation owners of shopping centre Heuvel that has an area of approx. 23,000 sq. m. Recently, we have advised on process has strengthened our position as Europe’s Jelle Brouwer a number of leases from new high quality, international brands including TK Maxx, H&M, Nespresso, Bijou leading retail advisor. Unfortunately, V&D still went Senior Consultant Brigitte and Vapiano. bankrupt on the 31st of December last year. The Direct: +31 (0)20 800 20 25 role we played placed us in the best position to Mobile: +31 (0)6 117 21 236 advise the V&D landlords on new the new lease with [email protected] department store retailer Hudson’s Bay Company, Arjen Ennema who will enter the Dutch market in 2017. Consultant HUDSON´S BAY, NATIONAL Direct: +31 (0)20 800 21 51 Mobile: +31 (0)6 215 18 991 Hudson´s Bay Company (HBC) has started their expansion strategy that includes opening up to 17 stores [email protected] in The Netherlands by 2017. Cushman & Wakefield has already secured long-term lease agreements for approx. 91,800 sq. m. These locations include Amersfoort, Den Bosch, The Hague, Enschede, Haarlem, Rick Schoonderbeek Leiden and Zwolle. All stores are former V&D department stores, who became bankrupt in early 2016. Consultant Because of the role of facilitator to property owners, the board of V&D and the administrator of V&D, Direct: +31 (0)20 800 20 39 Cushman & Wakefield was in the best position to advise the landlords in reaching an agreement with HBC. Mobile: +31 (0)6 433 69 368 [email protected]

Rafaëla Wiertz Consultant DFS, NATIONAL SHOPPING CENTRE GELDERLANDPLEIN, AMSTERDAM Direct: +31 (0)20 800 20 32 Cushman & Wakefield advised landlord Kroonenberg Group in new lease contracts for shopping Cushman & Wakefield is exclusive advisor to Mobile: +31 (0)6 117 21 232 centre Gelderlandplein in Amsterdam. Examples of these new brands include: Villeroy & Boch, furniture retailer DFS since they entered the Dutch [email protected] IKKS, Bever, Rivièra Maison, Rituals, Petit Bateau, Marqt, Mango and Nespresso. Most recently, the retail market in 2014. We advised on the acquisition shopping centre won the Shopping Centre of the Year award. of their first store in Cruquius that totalled approx. Alain Kaufman 2,750 sq. m and their second store in Rotterdam Consultant of approx. 1,000 sq. m. In 2016, we advised on the Direct: +31 (0)20 800 20 26 lease of the third store in Villa Arena in Amsterdam Mobile: +31 (0)6 254 77 522 and we will continue to be their exclusive advisor for [email protected] their future expansion strategy in the Netherlands. SHOPPING CENTRE BEURSTRAVERSE, ROTTERDAM Beurstrave is a 15,000 sq. m high-quality shopping centre owned by CBRE Global Investors. For a number of years, the Retail Agency team of Cushman & Wakefield has been providing lease management services to this institutional investor. Recent acquisitions we have secured include Rituals, Holland & Barrett’s first flagship store in the Netherlands and the largest European H&M store.

30 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -31 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

POLAND OUR RETAIL TEAM PROVIDES SERVICES FOR RETAIL AND LEISURE OCCUPIERS, WE ARE LANDLORDS AND INVESTORS, AND MARKET RETAIL PROPERTIES ON A LOCAL POLAND AND GLOBAL BASIS.

We are a one-stop-shop for retailers looking to grow their business internationally, from new market entry and location strategy to international agency. From shopping centres and retail parks, to high streets and factory outlets, our retail and leisure specialists leverage their vast industry knowledge and global perspective to meet your goals.

Our team has acquired outstanding expertise in the retail sector in Poland and built strong working relationships with all major players in the market. With our extensive knowledge of every quality project in Poland, we provide both landlords and tenants with professional advice on current and potential opportunities in the Polish retail market. “The services provided by Cushman & Wakefield

have been exceptionally professional and efficient. DEVELOPMENT LANDLORD TENANT Your staff have exhibited concern, great diligence CONSULTANCY: REPRESENTATION: REPRESENTATION: • Market analysis • Shopping centre, • Assessment of and commitment. The company’s broad service • Demand study retail park and client needs & factory outlet centre requirements • Concept design offer, combined with a thorough understanding leasing • Market analysis & • Financial analysis • High street retail location strategy of the commercial property market, have resulted • Tenant mix leasing • Site search, • Dedicated leisure, • Marketing negotiation & closure in delivering results that we have found very Food & Beverage • Property and asset • Restructuring of and Out of Town management portfolio service lines beneficial. We have found the cooperation with • Occupier fit-out your company very successful, meeting our expectations and helping drive our business. We have no hesitation in recommending Cushman & OVER Wakefield to any company seeking high 450 DEALS DONE IN 2015 quality service.” ACTIVITY ON ALMOST

Martin Machac, Director Real Estate, Foot Locker Europe 40 RETAIL PROJECTS INCLUDING SHOPPING CENTRES, HIGH STREET PROJECTS, RETAIL PARKS AND TENANT REPRESENTATION

WE HAVE A PORTFOLIO OF PROJECTS OF OVER

1 million SQ. M

32 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -33 WE ARE POLAND POLAND CONTACTS

Renata Kusznierska Senior Director - Head of Retail Agency Direct: +48 22 820 20 82 Mobile: +48 606 886 888 [email protected]

Anna Oberc Associate Director Direct: +48 22 820 20 87 FOREVER 21 TK MAXX GALERIA PÓŁNOCNA PLEJADA SOSNOWIEC Mobile: +48 608 550 555 Cushman & Wakefield, has signed an TK Maxx is a top brands-for-less retailer, Cushman & Wakefield has been Opened in November 2001, [email protected] agreement with Teren Management Europe selling fashion, footwear and accessories. appointed by GTC S.A. as co-exclusive then extended in 2007, Plejada Marta Słysz (exclusive partner for several of countries In Poland it is represented by TJX Poland, leasing agent for the Galeria Północna Sosnowiec provided 22,000 sq. m Senior Negotiator in Europe) to represent the globally part of TJX Companies Inc. TK Maxx shopping centre. The scheme is located of GLA, with Carrefour occupying Direct: +48 22 820 20 94 recognised US brand, “Forever 21” has several thousand stores worldwide, in the north of Warsaw, in the Białołeka additional 11,800 sq. m. Plejada, Mobile: +48 668 268 583 in Poland. including more than 3,000 stores in the district, a fast developing area, with the anchored by a large dominant marta.sł[email protected] US and Canada. city’s largest population growth. The hypermarket with retail offer acting Forever 21, one of the world’s leading 64,000 sq. m facility will be home to only as an ancillary function, started Edyta Paszkowska fashion retailers, offering women’s, men’s Cushman & Wakefield have represented 220 stores, with a broad entertainment losing its customers. Additionally Associate Director and kids clothing and accessories and is TK Maxx since their debut in the Polish offer including a cinema, kids play area, the mall was not benefitting from Direct: +48 22 820 20 91 known for offering the latest fashion trends market. TK Maxx continues to expand restaurants and cafes. It is scheduled for additional income in common areas Mobile: +48 668 224 117 at great value. Today, there are 750 stores in Poland and secure premises in major delivery in Q3 2017. Galeria Północna as kiosks and stands were located [email protected] in 48 countries globally and it is the 5th retail schemes under construction, also will be the first shopping centre in randomly around the centre. largest fashion retailer in the United States. targeting prime space within existing Warsaw with a rooftop park, featuring a Daria Kotarska schemes. Our role is to identify retail playground during summer and a skating Cushman & Wakefield's team took Associate The partnership with Cushman & Wakefield space within shopping centres, negotiate rink in winter. over the management of Plejada Direct: +48 22 820 20 10 in Poland provides for market advisory lease terms and contracts. TK Maxx Sosnowiec in October 2010. In Mobile: +48 603 692 756 services and monitoring for ideal locations entered Poland in 2009 with our team co-operation with the landlord [email protected] for Forever 21 new stores. The first two adding to their expansion. TK Maxx now we re-evaluated the approach Magdalena Gniazdowska stores opened in 2016 (Manufaktura in Lodz have 25 stores across the country; 19 are towards cash collection, tenant mix, and Posnania in Poznan). Three locations Associate located within cities having opening within design, refurbishment of common Direct: +48 22 820 20 83 will be opened in Warsaw in 2017, with the past 6 years, including their flagship areas and foodcourt. Retail Mobile: +48 605 324 635 other locations under negotiation. store in Marszałkowska Street in Warsaw. department secured strong and [email protected] international brands, replacing the underperforming existing retailers. Lucyna Śliż Project Management/Design was Associate Director - Head of Tenant responsible for coordinating the Representation redevelopment, designing the Direct: +48 22 820 20 86 common areas and supervising Mobile: + 48 600 870 349 the construction works, including [email protected] obtaining all the permits for Anna Hofman construction and operations. Associate Direct: +48 22 820 21 54 Mobile: +48 601 334 628 FORUM GDAŃSK ZŁOTE TARASY GALERIA METROPOLIA [email protected] Cushman & Wakefield has been appointed Złote Tarasy is one of the most Cushman & Wakefield has been Jakub Sadowski by Multi Poland as co-exclusive leasing spectacular and unique world class city appointed to lease the multifunctional Consultant agent for an urban shopping and leisure centre retail projects in Europe. The multi- Galeria Metropolia in Gdańsk Wrzeszcz, Direct: +48 22 820 20 92 centre, Forum Gdansk. This shopping award winning centre is one of the three one of the best communicated Mobile: +48 668 223 904 centre is located in the centre of Gdansk, largest shopping centres to dominate shopping centres in Pomerania, which [email protected] next to the largest regional public the retail landscape in Warsaw and the opened in October 2016. transport hub, integrating bus, tram and only one of these centres open to third Natalia Adamek urban rapid services (SKM). Scheduled party management. From conception, The Gallery will have 34,000 sq. m, Junior Negotiator for delivery in Q1 2018, the scheme will Cushman & Wakefield were appointed with a 2,000 sq. m delicatessen, GALERIA KATOWICKA Direct: +48 22 820 21 79 provide 62,000 sq. m, accommodating property management consultant, multiple fashion brands (some new on Cushman & Wakefield is the Mobile: +48 722 202 710 220 stores and a broad leisure and fit out coordinator and pre-let 100% the Polish market, including in Tricity), exclusive letting agent of Galeria [email protected] gastronomy offer. It will also integrate upon completion of the building. Our a food court, restaurants, as well as Katowicka and retail space at the stand-alone H&M and TK Maxx flagship current services includes full property furniture and home deco operators. railway station. The investor of stores, the Gdansk Historical Heritage management, strategic leasing & Galeria Katowicka is NEINVER Centre, a tourist information office marketing, financial reporting, corporate Galeria Metropolia’s compelling Polska and PKP S.A. as well as UK- and a piazza with a food and beverage accounting and sustainability advice. proposition will be its recreation and Meyer Bergman. The investment’s offer. The mall’s unique architecture entertainment zone, which includes value is estimated at EUR 240 incorporates the Radunia river canal, a 7 screen Helios cinema (over 1,100 million. Galeria Katowicka is a retail providing a natural water feature enclosed seats), a fitness studio, a 1,000 sq. and services scheme located in under a glass canopy. m playground for children and a the core centre of Katowice, at dance studio. The development also Szewczyka Square. It forms part of includes 1,000 apartments, a 135 a larger development, comprising room hotel, and a separate parking a railway station and an office building supported by a new road building. The leaseable area of the infrastructure being delivered. shopping centre totals 53,000 sq. m, divided into more than 220 units.

34 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -35 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

PORTUGAL WE ARE A SPECIALIST TEAM SET BY MULTIDISCIPLINARY WE ARE CONSULTANTS THAT DEAL WITH A RANGE OF INSTRUCTIONS AND PORTUGAL REQUIREMENTS, ON ALL SIDES OF THE RETAIL AND LEISURE BUSINESS.

Our Tenant Representation services are market-leading, and we are recognized as the best real estate consultants by our clients, providing tailor-made approaches to each brand.

Whether the matter is high streets, shopping centres or any “AM48 have developed Opera Lx, a prime asset other retail format, we constantly look for market changes and trends, providing our clients with the competitive in the luxury district of Lisbon, with a strong advantage of being one step ahead so they can plan their retail component. Cushman & Wakefield’s investments or strategies more wisely. Established in Lisbon in 1991, we are at the forefront of retail Retail and Investment teams were involved consultancy in Portugal, working alongside main retailers, developers and investors. since the beginning and have successfully leased

and subsequently sold the retail units to an SERVICES INCLUDE: international investor. • Retail Agency – High Streets, Shopping Centres, Retail Parks, OOTR • Tenant Representation The entire team surpassed our expectations, • Landlord Representation • Strategic & Market Entry advice defining a winning strategy and positioning on par • Retail Investment • Consultancy with our best expectations and we will certainly • Lease Renegotiations • Dedicated leisure, Food & Beverage rely on their expertise in future projects.” and Out of Town service lines

Alejandro Martins, AM48

No.TENANT REPRESENTATION 1 SERVICES, WITH OVER 12 ACTIVE INSTRUCTIONS FOR INTERNATIONAL BRANDS

OVER

22,000 SQ. M LEASED IN 2015, ACROSS HIGH STREET RETAIL AND SHOPPING CENTRES

36 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -37 WE ARE PORTUGAL PORTUGAL CONTACTS

Sandra Campos Partner – Head of Retail Direct: +351 213 224 757 Mobile: +351 914 518 005 [email protected]

Sandra Belo Associate – Retail Consultant Direct: +351 213 224 757 LIBERDADE 203 BUILDING, LISBON PRIMARK, NATIONAL RUA AUGUSTA 249, LISBON ODEON BUILDING, LISBON DECATHLON, ALTO DO PARQUE, Mobile: +351 913 091 631 [email protected] Cushman & Wakefield were instructed Cushman & Wakefield advised Primark on Acquired by Prowinko, the building stands This 1920s building, designed originally LISBON to lease the retail component of a luxury its market entrance in Portugal in 2009. right in the heart of downtown Lisbon, in a for a state of the art movie theatre, was Alto do Parque is a mixed use building Inês Ligeiro residential project. Primark is a worldwide leader in fast unique corner location. closed in the early 90s and was recently located next to Lisbon’s El Corte Inglés Retail Consultant fashion retail and has been extremely well acquired by a private investor. The department store. It is comprised of a Direct: +351 213 224 757 Liberdade 203 is more than a project received in Portugal. Working together As the rehabilitation process starts, the current owners designed a magnificent residential area, an office floor, 3 retail Mobile: +351 964 974 231 in Avenida da Liberdade. It is the with Cushman & Wakefield, Primark has client instructed Cushman & Wakefield rehabilitation project that will keep its units and car parking. The retail team was [email protected] refurbishment of an entire block with successfully opened 10 stores in strategic to lease the 240 sq. m retail unit, which Art Deco heritage and preserve the appointed by the landlord for the leasing more than 3,000 sq. m dedicated to retail locations, covering a wide geography in will appeal to wide range of national and unique details and façades. The Odeon and secured the tenancy with Decathlon João Esteves with luxury apartments above, giving it the country. international brands that want to be present building will be converted into 13 exquisite to occupy 1,900 sq. m, to open their first Retail Consultant the critical mass to become a reference in in the tourist area of the city. apartments and a retail unit for which urban concept store in Portugal. Direct: +351 213 224 757 the luxury retail scenario. Cushman & Wakefield has a leasing Mobile: +351 964 973 602 mandate in place. [email protected] Tiago Pereira Retail Consultant Direct: +351 213 224 757 Mobile: +351 966 202 190 [email protected]

Pedro Fernandes Junior Surveyor – Retail Investment Direct: +351 213 224 757 VODAFONE, NATIONAL MADISON – SHOPPING CENTRE PINKO, AV. LIBERDADE 36, LISBON [email protected] As part of a global instruction, PORTFOLIO Cushman & Wakefield was instructed FOCUS LX BUILDING, LISBON KIWOKO, ALBUFEIRA RETAIL PARK, Cushman & Wakefield was instructed Madison appointed Cushman & by Prowinko to lease a former Aeroflot Focus LX is a residential project in Lisbon ALGARVE to manage the renegotiations of the Wakefield’s CMG and Retail teams for agency located in Avenida da Liberdade, that is currently under construction and Acting on behalf of Internos Global 80 plus store portfolio of the brand, the advisory on the purchase of 25% of in a premium location. After a selective will include a ground floor gallery with 5 Investors, Cushman & Wakefield starting in late 2014. The process is still the Sierra Portugal Fund, composed of market approach, the fashion retailer retail units facing Av. António Augusto successfully negotiated an 800 sq. m unit in place, with results demonstrating 9 shopping centres, such as Arrábida Pinko was the chosen brand to occupy de Aguiar, in front of the El Corte Inglés for Kiwoko in Albufeira Retail Park, on their considerable savings, apart from advisory Shopping, GaiaShopping, LeiriaShopping this 260 sq. m unit that opened doors department store. Cushman & Wakefield first location in Portugal. With this opening, on units resizing, relocation and/or and Rio Sul Shopping. After a 2 month in the same night as the Vogue Fashion was instructed by the developer, AM48, the retail park is now fully occupied with layout improvements. Throughout this Due Diligence process, the acquisition Night Out event, in September 2016. to lease the units and then sell as an a varied selection of retailers. Kiwoko process, Vodafone implemented a new was successfully completed. investment product. With conclusion is a specialized pet shop with a strong retail store format, for which Cushman & estimated for Q1 2017, the retail spaces are presence in the Spanish market and an “When instructing Wakefield has already negotiated 25 new almost fully let and will certainly appeal to active expansion plan for Portugal. acquisitions or relocations. core investors. Cushman & Wakefield, Vodafone was facing a major

BENFICA OFFICIAL STORE, RUA AUGUSTA 147, challenge: reduce 10% on LISBON rents and transform the entire Owned by D&R, this amazing corner building is located portfolio into the new retail in the main street in downtown Lisbon. Cushman & Wakefield’s Retail team were appointed to lease the store concept, all this in a retail unit and simultaneously the Project Management team initiated the rehabilitation works. A promissory two-year period. The in-depth lease agreement was achieved at a very early stage of knowledge of the retail team the process and after a 2 year construction period, the KIKO MILANO, RUA AUGUSTA 250, SHOPPING CIDADE DO PORTO MI XIAOMI, NATIONAL Benfica Official Store opened its doors in August 2016. and their professionalism, LISBON Cushman & Wakefield is currently In January 2016, Mi Xiaomi selected together with the extensive Located in a prime downtown high appointed by Teixeira Duarte, a local Cushman & Wakefield to represent the street location, this 19th century developer, for the sale process of brand in its expansion throughout the ADVISED ON MORE THAN network of contacts, allowed building was acquired by Prowinko in Shopping Cidade do Porto. Opened in country. Since then, Cushman & Wakefield us to achieve major results in 2010, leased to a local retailer. With 1996, this shopping centre is comprised of successfully developed negotiations in the termination of the lease in place, 86 retail units, totaling more than 15,000 shopping centres such as Estação Viana, 315,000 SQ. M the process so far. Vodafone Cushman & Wakefield strategically sq. m on 4 floors. This asset has a strong GaiaShopping, Almada Forum and Forum OF SHOPPING CENTRE SPACE THROUGHOUT approached a list of retailers and potential upside, taking advantage of the Montijo, amongst many others, estimating and Cushman & Wakefield 2015, WITH AN VALUE EXCEEDING negotiated a new lease with KIKO Milano retail brands’ expansion upsurge that is a store portfolio of 16 units by the end of have set a relationship based for their flagship store in Lisbon, the first currently being witnessed in the market. this year. Mi Xiaomi is a premium reseller €600M one in a high street location in Portugal. for Xiaomi, specializing in gadgets, on trust and full confidence.” telecommunications and accessories. Luis Amorim Ferreira, Head of property, Vodafone Portugal

38 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -39 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

RUSSIA CUSHMAN & WAKEFIELD HAS BEEN ACTIVE IN RUSSIA RETAIL WE ARE PROPERTY FOR OVER 15 YEARS. Cushman & Wakefield has been active in the Russian retail property market for over 15 years. This depth of experience­ affords to our clients — developers, occupiers and inves­tors — an unrivalled understanding­ of the market and retail trends in Moscow and the regions. Since 2013, the team of profes­sionals in RUSSIA Cushman & Wakefield's Retail department has leased over 350,000 sq. m of retail space in the best shopping malls and streets of the country, securing­ over 950 deals with major retail­ers.

ADVISORY: CAPITAL MARKETS: • Land plot analysis • Acquisition and disposal services • Market research and feasibility • Debt financing and equity financing studies • Client transactional support on “Metropolis is one of the most attractive shopping • Concept development: international markets »» Architectural concept • Sale-lease back structuring services destinations in Moscow and it is being enlarged in development and optimization: • Merges & acquisitions structuring –– Master planning and support services order to offer its visitors an enhanced experience. –– Landscaping and transport schemes PROJECT MANAGEMENT: Cushman & Wakefield did a significant amount –– Floor layouts and sections • Technical consultancy at the pre- –– 3D-modelling lease/ purchase stage of work in the marketing and leasing of the »» Commercial concept • Project management (design, fit-out, development and optimization: construction) project. They have distinctive knowledge of the –– Market positioning • Technical due diligence –– Zoning and merchandising • Construction projects analysis market and have a very strong and experienced mix • Space planning (test-fit) leasing team. They offered innovative solutions –– Tenant mix • B.O.M.A. measurements »» Project design supervision • Pilotage throughout the leasing process and their role was • Rental revenue forecast • Green certification • Dedicated leisure, Food & Beverage pivotal in achieving 80% of the GLA leased by the and Out of Town service lines

opening of the project.” OVER ERKAN ERKEK, CEO of Capital Partners 300TRANSACTIONS BETWEEN 2015

TRANSACTED

90,000 SQ .M OF DEALS BETWEEN 2015

No.MARKET LEADER IN1 THE RUSSIAN RETAIL MARKET IN 2015

40 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -41 WE ARE RUSSIA RUSSIA CONTACTS

COURTYARD – THE PROJECT OF MOSCOW CINEMAS RECONSTRUCTION Ekaterina Zemskaya Polina Zhilkina Courtyard project provides reconstruction and conception of 39 Soviet era cinema buildings Partner - Head of Retail Services Associate in Moscow. The project will create a network of community centres within the residential Direct: +7 495 799 9877 Direct: +7 495 799 9888 ext. 596300 neighborhoods of Moscow. Renewed projects will provide a quality set of everyday essential Mobile: +7 919 105 2101 Mobile: +7 919 105 2104 goods and services for people of all age groups, and at the same time perform social and [email protected] [email protected] educational functions. All projects have good accessibility to transport links. In addition to conceptual solutions, the project will have original architectural concepts. Cushman Andrey Shuvalov Anastasia Kuznetsova Associate Associate & Wakefield's mission in this project is concept development, marketing & leasing. GLA Direct: +7 495 799 9888 ext. 596160 Direct: +7 495 799 9888 ext. 596301 324,000 sq. m. opening - 2018-2019. Mobile:+7 903 256 2174 Mobile: +7 919 105 2102 [email protected] [email protected]

ENKA SHOPPING MALL, KASHIRSKOYE HIGHWAY Evgeniya Osipova Zulfiya Shilyaeva SEC on Kashirskoye highway is new project of ENKA company. An exciting architectural Associate Associate concept, luxurious roof terrace with an ice skating rink, open-air cinema, tennis and Direct +7 495 799 98 88 ext. 596 296 Direct: +7 495 799 9888 ext. 596304 basketball courts are only a few peculiarities making this project really interesting. The new Mobile +7 919 105 79 05 Mobile: +7 916 501 4192 shopping and entertainment centre combines hypermarket, luminous shopping galleries, an [email protected] [email protected] amusement centre, a cinema with Russia's biggest IMAX cinema hall, a fitness centre with its Rezeda Sadritdinova own terrace, cafes and restaurants. The centre is located in a picturesque area surrounded Regina Umiarova Senior Consultant Senior Consultant by an apple garden. The project combines the merits of easy accessibility for the district “Oceania is the key Direct: +7 495 799 9888 ext. 596313 Direct: +7 495 799 9888 ext. 596305 residents and the proximity to one of the largest traffic throughways of Moscow. GLA 70, project of TPS Real Mobile: +7 916 817 2347 Mobile: +7 919 105 7908 800 sq. m, opening - Q4 2017. [email protected] [email protected] Estate in Moscow. Anna Mankova Rusalina Ramazanova Consultant CENTRAL CHILDREN'S STORE, MOSCOW Senior Consultant Cushman & Wakefield Direct: +7 495 799 9888 ext. 596163 Central Children's Store on Lubyanka, one of the largest children's department stores Direct: +7 495 799 9888 ext. 596310 Mobile: +7 916 552 6148 Mobile: +7 910 463 4317 in Europe, occupies an entire block in the centre of Moscow, on Lubyanka Square, and worked on the leasing [email protected] [email protected] was opened in 2015 after seven years of reconstruction. The store has 250 shops, and a variety of interactive areas, with educational and entertaining programs for children, strategy together with Alexander Dmitryuk Irina Pomerantseva introduces the concept of edutainment. The shopping centre includes such tenants as Consultant Consultant edutainment centre Kidburg, Hamleys, children's cinema "Formula Kino”, Mothercare, our team. Cushman Direct: +7 495 799 9888 ext. 596162 Direct: +7 495 799 9888 ext. 596308 H&M Kids, Burberry, US Polo, BHS, Tartine et Chocolate, Paul&Shark, etc. Cushman & Mobile: +7 916 973 9372 Mobile: +7 916 836 1864 Wakefield's mission in this project is concept redevelopment, marketing & leasing, GLA & Wakefield team [email protected] [email protected] 34,500 opened – March 2015. made a significant Natalia Urgens Ekaterina Tykina Consultant Assistant contribution to Direct +7 495 799 98 88 ext. 596296 Direct: +7 495 799 9888 ext. 599859 AQUARELLE, MOSCOW REGION Mobile +7 910 463 43 92 Mobile: +7 915 093 16 80 SEC Aquarelle in Pushkino is new high-quality project of Immochan company in the marketing and leasing [email protected] [email protected] Moscow Region. Federal highway M8 provides excellent transport accessibility to the shopping centre. AUCHAN hypermarket, the recognized leader in the profile, will be of the project with the locomotive of the project. The mall will have wide variety of goods stores, including SEC METROPOLIS PHASE II, MOSCOW fashion, children’s, sports operators, restaurants and food court as the part of shopping their enthusiasm and gallery, and an extended indoor and outdoor entertainment activities zone. Standalone Metropolis, the most successful fashion destination in DIY-hypermarket will strengthen the concept. Cushman & Wakefield's mission in this professional Moscow, is being enlarged, bringing to its visitors a project is marketing & leasing, GLA 60,000 sq. m. opening – 2018. completely new atmosphere. The Mall offers a match of the expertise.” trendiest and premium labels in a stylish environment of leisure and entertainment. SEC has over 10 restaurants with terraces on the top level. The fashion retail gallery includes SKY MALL, MOSCOW ALEXEY CHINALIEV, key international brands: Inditex Group, Victoria’s Secret, Sky Mall is a new type of shopping and entertainment centre Shopping Resort. The project Hamley’s, first SuperDry store. Cushman & Wakefield acted will be a key part of the social infrastructure in New Moscow. Sky Mall will be the only project First Vice President on the marketing & leasing of this project, GLA 38,000 sq. m. that combines traditional mall, fashion outlet, indoor and outdoor leisure facilities, providing opened – August 2016. a resort experience for the whole family. The project has a strategic location in New Moscow TPS Real Estate next to Vnukovo airport on the Kievskoe highway the main artery that unites "old" Moscow and CBD with its expanded territories, in the middle of a large new residential agglomeration SEC OCEANIA, MOSCOW with a rapidly growing population. Cushman & Wakefield's mission in this project is SEC Oceania is located in one of the most prestigious districts marketing & leasing, GLA 105,000 sq. m. opening – Q4 2018. of Moscow, right next to Kutuzovskiy Avenue, 150m away from Slavyanskiy Boulevard metro station and 200 m away from an important city transport hub. Variety of brands incl CITY MALL, TYUMEN Hoff Home, H&M, Inditex Group, Koton, Uniqlo, Guess, Armani City Mall is a regional shopping and entertainment centre located in the rapidly developing Exchange, Terranova offering customers a variety of choice. residential area of Tyumen. Easy transport access from the federal road Tobolsky path and Cushman & Wakefield acted on the marketing & leasing of excellent visibility will create an intensive customer flow. The concept of the Mall reflects this project, GLA 60,000 sq. m. opened – August 2016. the modern family lifestyle, providing excellent opportunities for everyday shopping, leisure and entertainment. Main anchors – Auchan, H&M, Eldorado, LPP, family entertainment centre «Atmosphere» (3,000 sq. m), bowling (2,000 sq. m) and Fitness centre - together SEC KHOROSHO!, MOSCOW with over 160 stores of the shopping gallery will provide the customers with great shopping SEC Khorosho! is located in a wealthy residential area next opportunities. Thus the main advantage of SEC an efficiently selected and formed to Khoroshevskaya and Polezhaevskaya metro stations. Due Entertainment segment and no other shopping centre in Tyumen has such concentration to its good transport accessibility, Khorosho! is the perfect of all concepts in one place! Cushman & Wakefield's mission is concept development, place for shopping and leisure. Khorosho includes such marketing & leasing of this project. GLA 53,000 sq. m. opening - December 2016. brands as Hoff Home, H&M, Inditex Group, Terranova, Collin’s, Perekrestok, Formula Kino, M.Video, Detskiy Mir, Gloria Jeans, etc. Cushman & Wakefield acted on the marketing & leasing of this project, GLA 50,000 sq. m. opened – September 2016.

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SLOVAKIA WE PROVIDE STRATEGIC EXPERTISE TO COMMERCIAL WE ARE PROPERTY OWNERS, WORKING TO MAXIMIZE ASSET SLOVAKIA AWARENESS, LEASING ACTIVITY, RENTAL RATES, OCCUPANCY, AND OVERALL INVESTMENT VALUE.

LANDLORD REPRESENTATION: • Concept and layouts advisory • Leasing strategy and brokerage activity “xxx xxxxxx x xxx xxxxxx • Assistance on lease contracts negotiation “Running a business on your • Regular reporting on market activity and trends xxx xxxxxx x xxx xxxxxx • Re-leasing services – including scheme xxxown xxxxxx works x well. xxxxx But sharing repositioning in the market

xxxxxxa knowledge x xxx xxxxxx with axxxx strong TENANT REPRESENTATION: xxx xxxxxx xxxxxx x xxx • We act on behalf of tenants in their search for partner help you to run it far suitable retail space on the high street, new and xxxxxx xxx xxxxxx x xxx existing shopping centres. more efficiently. Our partner is • Advice on portfolio optimization xxxxxx xxx xxxxxx x xxx • Research advisory for market entry • Disposals of the retail spaces xxxxxxCushman xx xxxxxx & Wakefield. xxx ” • Dedicated leisure, Food & Beverage xxxxxx x xxx xxxxxx" and Out of Town service lines EUROVEA, xxxxxxx,Board Member xxxxxxxxxxx OVER 200 TRANSACTIONS IN 2015 70% LEASING RETAIL MARKET SHARE

EXCLUSIVE AGENT FOR 3 NEW DEVELOPMENTS IN SLOVAKIA

44 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -45 WE ARE SLOVAKIA SLOVAKIA CONTACTS

Cristina Dumitrache Managing Partner Direct: +421 259 209 340 Mobile: +421 911 048 233 [email protected]

Katarina Paule Senior Negotiator - Retail Agency Direct: +421 259 209 370 EUROVEA, EUROMAX, CITY ARENA, TRNAVA INTERCORA, TERMINAL, Mobile: +421 911 054 091 Cushman & Wakefield is the exclusive leasing agent of Eurovea, Cushman & Wakefield's Retail team were appointed by Slovak BANSKÁ BYSTRICA [email protected] a shopping centre providing 59,200 sq. m GLA. Eurovea is part developer EUROMAX to secure leasing within this unique centre, Cushman & Wakefield were of the state-of-the-art multi-functional city quarter located in providing 29,500 sq. m, 120 retail units and 1,000 parking places, Miriama Zemková appointed as leasing agent Junior Negotiator - Retail Agency the prime riverside location adjacent to Bratislava's historical which opened in 2015. City Arena has direct connections to the for this shopping centre with Direct: +421 259 209 340 centre. The centre is anchored by restaurants and cafes with a football stadium, within a central location and very good overall GLA of 13,000 sq. m, 50 retail Mobile: +421 910 894 382 daily average footfall of 35,000 and was designed to become accessibility. Recent lettings include Datart, Yankee Candle, units and 280 parking spaces, [email protected] the new commercial heart of the city and act as the social Camp David and Tescoma. planned to open in spring focal point in the centre of Bratislava. The centre is owned by 2017. The project includes Ľuboš Mikuška Slovak private equity and is developed by Ballymore. Cushman a bus terminal, shopping Junior Negotiator - Retail Agency & Wakefield are advisors and leasing agents for the extension mall and retail park and is Direct: +421 259 209 327 which will add an additional 25,000 sq. m planned to open in centrally located next to the Mobile: +421 911 054 091 2019. Most recent tenant to join the scheme is Starbucks. train station and city centre. [email protected] Anchor tenants include Billa, Lindex, C&A,Takko, Planeo Electro, Dracik, CCC, KIK.

“We cooperate with MULTI, FORUM PREŠOV MULTI, FORUM POPRAD Cushman & Wakefield Cushman & Wakefield were exclusively appointed as leasing Shopping centre Avion with GLA of 103,000 sq. m is a project agents for Forum Prešov shopping centre which has a GLA for which Cushman & Wakefield's Retail Team provides exclusive of 30,300 sq. m, 110 retail units and 500 parking spaces. This leasing for Forum Poprad with area of 23,500 sq. m, situated NEW EUROPE PROPERTY in the long-term project is planned to be a dominant scheme functioning as in the city centre of Poprad, High Tatras mountain region. An INVESTMENTS, AUPARK a shopping, leisure and community centre in the heart of the attractive tenant mix aims at a wide spectrum of consumers, from KOŠICE and we highly Prešov region, opening in 2018. lower and mid-range to the higher middle fashion segments such Cushman & Wakefield provide as H&M, Lindex, New Yorker, 5 LPP brands (Reserved, Mohito, re-leasing services for this appreciate their Sinsay, Cropp, House), plus a wide variety of restaurants and shopping centre in the second cafés as well as 1000 sq. m of Golem fitness, banks and largest city in Slovakia with an flexibility, reliability, other services. area of 34,000 sq. m., which opened in 2011. This shopping responsiveness and centre has 3 floors, 1,100 parking spaces and a daily proactive client footfall of 31,000. Anchor tenants include Billa, H&M, Mango, Datart, Exisport, New approach.” Yorker, Tommy, Hilfiger, Guess, Napapijri, AllToys and Bata. ALO DIAMONDS

IKEA CENTRE, AVION, BRATISLAVA MINT INVESTMENT, LAUGARÍCIO, TRENČÍN Shopping centre Avion with GLA of 103,000 sq. m is a project Laugarício shopping centre provides GLA of 25,000 sq. m, 103 combining retail stand-alones with a shopping mall targeting shops and 800 parking spaces, with a daily average footfall the middle and higher middle tenant segment. Avion is family around 12,000. Anchor tenants include H&M, M&S, C&A, New oriented with a daily footfall of 27,000. The project is dominated Yorker, Intersport, Humanic, Baťa, CCC, Gaudi, Gant, Time out, by IKEA with around 10 cafes in the shopping mall and is Promod, Reserved. Cushman & Wakefield provide re-leasing recognized as one of the 4 best projects in Bratislava. Cushman services for the scheme. & Wakefield is currently providing re-leasing of retail space.

46 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -47 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

SPAIN CUSHMAN & WAKEFIELD ARE SPAIN´S LEADING RETAIL PROPERTY WE ARE ADVISOR. WE ARE AT THE FOREFRONT OF THE MOST IMPORTANT SPAIN TRANSACTIONS AND PROJECTS IN THE COUNTRY, THANKS TO THE MOST SENIOR TEAM AND STRONGEST TRACK RECORD IN THE MARKET.

We offer comprehensive advice on all aspects of retail property, “Cushman & Wakefield are partners with which has been built over the last 25 years through best in class THRE at European level and manage two contacts with leading retailers, landlords and developers.

Shopping Centres and one Retail Park for us SERVICES INCLUDE: in Spain. What distinguishes them is their • Retail Agency • Retail Research and »» High Street Consultancy professionalism, willingness and ability to »» Shopping Centres • Strategic & Market Entry Advice »» Out of Town Retail meet the high standards needed for our head • Disposals and Acquisitions • Retail Development • Specialist / Sub-Sector • Investment and local offices. Services: • Valuation »» Landlord Representation • Asset Management They contribute to our strategic picture and »» Tenant Representation • Project Management »» Food & Beverage • Dedicated leisure, Food & »» Luxury Beverage and Out of Town we work closely together in the development service lines of the business plan for each asset, always adhering to our strict standards of management and reporting.” OUR LEASING TEAM HAS ADVISED OVER MANUEL MARTÍN, Head of Spain -TIAA HENDERSON RE 200,000 SQ. M (GLA) OVER THE LAST 2 YEARS

TENANT BEST REPRESENTATION IN CLASS TEAM

48 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -49 WE ARE SPAIN SPAIN CONTACTS

Rupert Lea Partner - Head of Retail + Retail CMG Direct: +34 91 781 38 37 Mobile: +34 661 767 815 [email protected]

“Cushman & Wakefield’s Robert Travers approach of having a Partner - Head of Retail Agency Direct: +34 93 467 27 40 FONTANELLA 6-8, BARCELONA GRAN VIA 44, MADRID INTU ASTURIAS, OVIEDO PUERTO VENECIA, Tenant representative Mobile: +34 661 435 583 [email protected] Cushman & Wakefield advised on one of Cushman & Wakefield advised on the Cushman & Wakefield are exclusive letting ZARAGOZA appointed to the Spain´s largest lettings deals in recent letting of the first Five Guys restaurant and managing agents for Intu Asturias, a British Land and Eurofund client meant that the Cristina Pérez de Zabalza years. The new 4,000 sq. m flagship, in Spain on Gran Vía in Madrid. The prime regional shopping centre located in chose Cushman & Wakefield Cushman & Wakefield’s Partner - Head of Retail Leasing strategically located next to Barcelona´s establishment will have a total area of Oviedo in northern Spain. New incoming to carry out the leasing of Direct: +34 91 781 38 64 Plaza Catalunya, will be the home to approximately 735 sq. m over three levels. retailers include the likes of Desigual, Puerto Venecia (206,000 individual was able to Mobile: +34 661 767 792 Media Markt´s new iconic in-town store. Violeta, Aristocrazy, Tagliatella and Ilusiona. sq. m of GLA, and more than spend invaluable time [email protected] 9,000 parking spaces). not only understanding Yola Camacho This is the first time in Spain the client's specific Partner - Retail CMG that Ikea and El Corte Inglés Direct: +34 91 781 38 72 had come together in the property requirements, Mobile: +34 661 767 819 same project. It is the largest but through a better [email protected] commercial centre in Europe Beatriz López Cid with an artificial and navigable understanding of our Associate - Retail CMG lake. Retailers include El Corte Business drivers, why Direct: +34 91 781 38 35 Inglés, Toys ‘r Us, Decathlon, Mobile: +34 661 767 784 Cinesa, Primark, H&M, Inditex, they existed and why [email protected] HERMOSILLA 14, MADRID LES RAMBLAS 120, BARCELONA PASSEIG DE GRACIA 42, BARCELONA Sportzone, WaveHouse they are so important to and Desigual. Cushman & Wakefield advised the Cushman & Wakefield advised the Cushman & Wakefield advised IKKS for the success of each store. Ignacio Acha Associate - Head of Retail Agency Madrid landlord on the letting of the largest Pull landlord for two lettings on Les Ramblas their new flagship store on Passeig de The relationship has & Bear store in Europe. The flagship store 120 in Barcelona city centre which Gracia, one of Spain's most sought Direct: +34 91 781 86 71 comprises 2,200 sq. m and is located in resulted in a new 1,200 sq. m Nike flagship after locations. worked extremely well Mobile: +34 661 767 821 Madrid´s Barrio Salamanca district. and NBA Café´s first European store. and I view [email protected] Cushman & Wakefield Joanna Joyce Associate - Tenant Rep as an extension of the Direct: +34 91 781 80 58 Primark Property Mobile: +34 661 767 804 [email protected] Department. In my view, Cushman’s went the Susana Ramón L`ALJUB, ELCHE Associate - Retail Agency The leading shopping centre extra metre and have Direct: +34 93 272 16 79 of Elche and the second key demonstrated they can Mobile: +34 661 767 941 scheme on the Coast [email protected] PASSEIG DE GRACIA 71, BARCELONA SUNGLASS HUT, SPAIN PRECIADOS 6, MADRID of Alicante. add real value to our Domènec Casellas Cushman & Wakefield advised Hugo Boss Over the last 2 years, Cushman & Cushman & Wakefield advised the Business.” Associate - Retail Agency on their new 1,200 sq. m flagship located Wakefield has advised Sunglass Hut on landlord on one of the largest lettings in Direct: +34 93 272 16 78 on one of Spain’s most sought after the acquisition of 13 stores across Spain. recent years in Madrid´s most expensive TOM MEAGER, Mobile: +34 661 767 934 luxury pitches. The units are located in prime retail retail pitch. Foot Locker's flagship store [email protected] pitches in the likes of Madrid, Granada, comprises circa 2,000 sq. m. Head of Property, Malaga and Benidorm. Primark Susana Galán Associate - Retail Leasing Direct: +34 91 781 38 65 Mobile: +34 661 767 817 [email protected]

TERRASSA PARC, TERRASSA Carlos Alonso Cushman & Wakefield are retained Associate - Retail Leasing letting agents for one of the few Direct: +34 91 781 38 66 Retail Parks under development Mobile: +34 661 767 787 [email protected] in Catalunya. Susana Peña COSTA COFFEE, SPAIN ISLAZUL, MADRID Associate - Retail Leasing Cushman & Wakefield are exclusive agents Cushman & Wakefield advised TIAA on the OUR SPANISH TEAM Direct: +34 93 467 27 35 for Costa Coffee`s expansion throughout acquisition of one of the main shopping HAS PERFORMED Mobile: +34 661 019 738 the East Coast of Spain and Islands. The centres in the south of Madrid. Over the [email protected] team has secured 16 stores in the last 2 last 2 years, our Management and Letting years in the likes of Barcelona, Valencia, teams have helped increased footfall by €3.7 billion IN RETAIL INVESTMENT Benidorm and Palma de Mallorca. more than 11%, reinforcing the centre's (70% TRANSACTIONS IN position and enhanced tenant mix. SPAIN BETWEEN 2008-2015)

50 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -51 WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

SWEDEN AND THE NORDICS IN SWEDEN, CUSHMAN & WAKEFIELD IS A MARKET LEADER IN COMMERCIAL WE ARE REAL ESTATE SERVICES. OUR RETAIL SERVICES TEAM ADVISES LANDLORDS ON SWEDEN HOW TO DEVELOP THEIR RETAIL LOCATIONS. IN ADDITION WE REPRESENT LEADING INTERNATIONAL AND THE BRANDS WHEN ESTABLISHING THEMSELVES ON THE NORDICS SWEDISH MARKET. The team has thorough knowledge of the market place and has a proven deal making capability built over several years at previous employers. Our core services include development of city retail properties, shopping centres and leasing to international flagships. We strive for excellence, are always proactive and deliver sound and solid advice.

During 2016, the Cushman & Wakefield Capital Markets team has been engaged as exclusive advisors in retail transactions totalling SEK 8 billion, equivalent to a third of the total retail deal volume during the year.

In Denmark, Norway and Finland, Cushman & Wakefield Retail Services is represented by affiliate partners with several years of experience and a strong and proven track record.

SERVICES INCLUDE: • Retail and concept development • Commercial project management • Leasing • Leasing management • International and national tenant representation • Capital markets • Valuation • Dedicated leisure, Food & Beverage and Out of Town service lines

2,300,000 SQ. M OF RETAIL SPACE VALUED DURING 2015

125,000 MSEK TOTAL VALUE OF RETAIL PROPERTIES VALUED IN SWEDEN (2015)

52 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -53 WE ARE SWEDEN SWEDEN CONTACTS

Jens Linderstam Head of Retail Services Direct: +46 (0) 8 671 34 63 Mobile: +46 (0) 70 246 21 81 [email protected]

Louise Magnusson Analyst - Retail Services Direct: +46 (0) 8 671 34 47 Mobile: +46 (0) 76 720 34 47 STOCKHOLM CITY – GROCERY ANCHORED RETAIL [email protected] PORTFOLIO SWEDEN, NATIONAL FLAGSHIP RETAIL SPACE Cushman & Wakefield advised Starwood Cushman & Wakefield advises the Thomas Persson Capital and Vencom in the sale of six landlord Sparbössan when creating a Partner - Capital Markets grocery anchored retail properties. new flagship location in the corner of Direct: +46 (0) 8 545 677 04 Acquired by Trophy, a real estate company Humlegårdsgatan and Grev Turegatan Mobile: +46 (0) 70 533 15 68 fully owned by the pension fund AP3 and in the city of Stockholm. Cushman & [email protected] managed by Redito. Wakefield is both professional advisor and letting agent for the Erik Dansbo retail development. Partner - Capital Markets Direct: +46 (0) 8 545 677 21 Mobile: +46 (0) 70 775 60 69 [email protected]

Niklas Zuckerman Partner - Capital Markets Direct: +46 (0) 8 545 677 05 Mobile: +46 (0) 70 839 82 82 [email protected]

Sven Erik Hugosson Head of Valuation TYRESÖ CENTRUM, STOCKHOLM BACKAPLAN, GOTHENBURG Valuation & Advisory Direct: +46 (0) 8 671 34 59 Cushman & Wakefield advised CBRE Cushman & Wakefield advised KF Mobile: +46 (0) 70 728 24 39 Global Investors in the sale of Tyresö Fastigheter in the sale of development [email protected] Centrum, a shopping centre located in properties on Backaplan, the largest the south part of Stockholm. Acquired by retail and residential development area in Skandia Fastigheter. Sweden. Acquired by Skandia Fastigheter. NORDIC CONTACTS

DENMARK

Kristian Vinggaard Partner - Head of Retai Direct: +45 33 13 13 58 RETAIL PORTFOLIO, ÅHLÉNS CITY, MALMÖ Mobile: +45 51 58 09 32 [email protected] GREATER STOCKHOLM Cushman & Wakefield advised Rockspring Cushman & Wakefield advised Aberdeen and Vencom in the sale of Åhléns City Asset Management in the sale of four retail in Malmö. Acquired by Cornerstone Real FINLAND assets in the Stockholm region. Acquired Estate Advisers. Jari Jäntti by Tristan Capital Partners. Director - Retail Services Direct: +358 10 836 8418 Mobile: +358 50 337 5363 [email protected]

NORWAY

Marit Elisabeth Jensen Head of Retail Services Direct: +47 23 11 68 68 Mobile: +47 992 68 611 [email protected] MÖLNVIK, STOCKHOLM BARONEN, KALMAR (starting 1 January 2017) Cushman & Wakefield advised Invesco in Cushman & Wakefield advised CBRE Global the sale of a property in Mölnvik retail area, Investors in the sale of Baronen, a shopping Stockholm. Acquired by Aberdeen centre located in southern Sweden. Asset Management. Acquired by Regio, a real estate company owned by the pension fund AP3 and the investment manager Sveafastigheter. 6,000 MSEK (2015) +8,000 MSEK (YTD 2016) RETAIL SALE TRANSACTION VOLUME BY CUSHMAN & WAKEFIELD IN SWEDEN 2015/2016

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TURKEY OUR RETAIL TEAM ARE A LEADING PROVIDER OF WE ARE RETAIL TENANT REPRESENTATION AND ADVISORY TURKEY SERVICES. WE HAVE BEEN INVOLVED IN MANY MARKET ENTRIES OF INTERNATIONAL RETAILERS, BOTH IN LEASING TRANSACTIONS AND IN STRATEGIC ADVISORY.

Our retail research capabilities are unrivalled and we are the only service provider in the market publishing annual high street reports. We have advised a number of international retailers on their market entry and expansion strategies in the recent past.

SERVICES INCLUDE: • Retail Tenant Representation • Retail Research & Consultancy • Strategic & Market Entry Advice • Valuation • Project Management • Retail Investment • Concept Development Advice • Dedicated leisure, Food & Beverage and Out of Town service lines

56 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -57 WE ARE TURKEY TURKEY CONTACTS

SKECHERS Togrul Gonden Cushman & Wakefield was instructed by Skechers to lease its first ever store Managing Partner on the main high street of Istanbul, Istiklal Street. The store is located in one Direct: +90 212 334 78 00 of the most highly frequented stretch of the street. We continue to work with Mobile: +90 212 334 78 29 Skechers on a number of locations to increase their current footprint. We are [email protected] in discussions for various prime store locations in Istanbul. Duygu Ozer Head of Retail Turkey, Istanbul Office, Retail Direct: +90 212 334 78 00 Mobile: +90 530 834 71 04 KIEHL’S [email protected] Cushman & Wakefield was instructed by Kiehl’s to lease its first ever store on the main high street of Istanbul, Istiklal Street. The store is located in close proximity to the centre of Istanbul on Taksim Square. Kiehl’s are looking to test the exciting Turkish retail market and Cushman and Wakefield have secured them a prime shop to showcase the brand.

VANS Cushman & Wakefield was instructed by Vans to lease its first company owned store in Turkey on the main high street of Istanbul, Istiklal Street. The store is located in close proximity to the food and beverage and leisure section of the street, in keeping with the brands positioning. Cushman and Wakefield are looking to build on this initial expansion across Turkey.

UNDER ARMOUR Under Armour represent one of the most exciting new sports brands to enter the global stage. Cushman & Wakefield were delighted to be instructed by Under Armour to lease its’ first ever store in Turkey in one of the leading shopping centres, Akasya Shopping Centre on the Asian side of Istanbul. Under Armour has opened another 8 stores to date in Ankara, Izmir and Istanbul, with more stores planned over the coming years.

KRISPY KREME Cushman & Wakefield was mandated by Krispy Kreme to conduct market entry research and strategy advice on their short term expansion strategy in Turkey. The next step of the expansion strategy is to secure the opening of at least 10 stores in key brand building locations.

SWATCH Cushman & Wakefield continue to work closely with Swatch and support their expansion in Turkey. Cushman and Wakefield was instructed by the Swatch Group to lease stores for four of their brands, Swatch, Hour Passion, Tourbillon and Harry Winston, in one of the most exciting new shopping centre development projects, Emaar Square in Istanbul. Cushman and Wakefield are still looking to secure first stores for Swatch Groups other brands - Hour Passion, Tourbillon and Harry Winston will open their first stores in Turkey.

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WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

UNITED KINDOM OUR MARKET LEADING, MULTI AWARD-WINNING RETAIL & LEISURE WE ARE TEAM PROVIDE END TO END SERVICES FOR RETAILERS, OCCUPIERS, UNITED KINGDOM LANDLORDS AND INVESTORS.

We are market leaders in prime high streets, shopping centres, out of town retail parks, food stores, leisure and restaurants and dominate the Central London retail market. Whether you are expanding internationally, analysing your portfolio, looking for strategic advice or for new occupiers, our global reach and local knowledge offer clients a one-stop-shop for the markets’ retail & leisure needs.

Our expert team leverage in-depth industry understanding, a global perspective and an innovative approach to consistently add value to our clients’ retail assets.

SERVICES INCLUDE: • Global occupier services • Market entry advice • Strategic location consultancy • Tenant representation • High street retail agency • Out of town • Shopping centre leasing • Investment / capital markets • Development • Project management • Research • Valuation

OUR AGENCY TEAM LEASED OVER

550,000 SQ. M IN 2015

CAPITAL MARKETS ADVISED ON

£2.3 bn. SQ. M OF INVESTMENT TRANSACTIONS

60 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -61 WE ARE “Cushman & Wakefield has acted for us on Carnaby since 1997, and their UNITED KINGDOM understanding of our aspirations for the area has helped to transform the Carnaby village into what it is today. Over the years they have sourced and introduced many major brands and independent cutting edge operators to the area. Our long term relationship with them has led to a comprehensive grasp of our strategy.”

SIMON QUAYLE, Director, Shaftesbury

BATTERSEA POWER KING'S CROSS, LONDON CARNABY ESTATE, WESTFIELD STRATFORD STATION, LONDON Cushman & Wakefield has LONDON CITY, LONDON Cushman & Wakefield is been appointed joint retail Cushman & Wakefield has Client: Westfield UNITED KINGDOM instructed to pre-let the and leisure agents for the 67- been an integral part of Cushman & Wakefield is the retail, restaurants and leisure acre development at King’s Shaftesbury’s overhaul of leasing agents of Westfield CONTACTS units at the Battersea Power Cross. The development the Estate, transforming Stratford City in East London, Station site, an exciting urban comprises 500,000 sq. ft. the Carnaby Village into an the largest shopping centre in redevelopment project which of retail, restaurants, leisure, internationally renowned Europe with over 400 stores, Justin Taylor will see the iconic Power cafes and bars and is 8 m sq. destination for leading 70 restaurants and 5,000 car Head of EMEA Retail Station re-open to the public ft. in total. By 2020, 50,000 lifestyle and fashion brands. parking spaces. Footfall was Direct: +44 (0) 20 7152 5198 for the first time in 30 years. people will be living and 46.2 m in 2015 and continues to ST DAVID’S, CARDIFF THE FORT SHOPPING Mobile: +44 (0) 7764 398 198 This landmark development will working at King’s Cross. grow annually. Recent lettings Client: INTU & Land Securities PARK, BIRMINGHAM [email protected] provide over 8 m sq. ft. of new include: Missguided, IKEA, A 1,400,000 sq. ft. regional In 2016 we celebrate 19 years space, with over 1m sq. ft. of Diesel, Moss Bros, Rockar, Cath shopping centre in the of leasing, professional and Patrick Knapman retail, food & beverage Kidston, Stradivarius, Lindex, capital city of Wales, Cardiff. investment advice on this Head of Retail Capital Markets and leisure. American Eagle, Thornton’s, Anchored by John Lewis and regionally dominant park to Direct: + 44 (0) 20 7152 5019 Potbelly and Levi Roots. Debenhams. Tenants include the Fort Retail Park Trust. Mobile: +44 (0) 7768 825 666 The White Company, Superdry, Recent transactions include [email protected] River Island and a new flagship a new 60,000 sq. ft. Primark, Martin Acton H&M. Recent lettings include upsizing Next and River Island, Head of Outlets / National Projects & Michael Kors, Swarovski, Kiko, and introducing Schuh, Foot Retail Operations Tiger and Shake Shack. Asylum and Moss. Direct: +44 (0) 20 7152 5201 Mobile: +44 (0) 7793 808 201 [email protected]

Thomas Rose Partner, Head of Leisure & Restaurants Direct: +44 (0) 20 7152 5278 TH REAL ESTATE, INTU TRAFFORD CENTRE WAHACA, NATIONAL COVENT GARDEN, Mobile: +44 (0) 7793 024 403 EDINBURGH ST JAMES, INTU Trafford Centre provides Cushman & Wakefield is retained LONDON [email protected]

SCOTLAND 2,000,000 sq. ft. of retail, to expand the Thomasina Miers Cushman & Wakefield was Peter Mace Edinburgh St James is one catering and leisure space. founded premium restaurant instructed as joint letting agent Head of Central London Retail of the biggest regeneration Tenants include Selfridges, brand across the UK. We have on St. Martin’s Courtyard from Direct: +44 (0) 20 7152 5039 projects currently under way John Lewis and Debenhams secured Wahaca sites in London, the initial planning stages of COSTA, SCOTLAND WESTGATE OXFORD Mobile: +44 (0) 7793 808 039 in the UK with up to 750,000 with recent lettings to Zara, Bristol, Manchester, Liverpool, the development through to Cushman & Wakefield is Client: Land Securities & [email protected] sq. ft. of prime space, including Pull & Bear, Stradivarious, Edinburgh, Brighton and completion. We have provided retained by Costa in Scotland Crown Estate Cushman three retail floors, a catering Zara Home and Michael Kors. Watford. Cushman & Wakefield advice at every step of the and have acquired 8 new & Wakefield is the retail Toby Sykes level, cinema, hotel and Cushman & Wakefield is the has been instrumental in building process from consultancy on stores for them over the last leasing agents on the £500 Head of Shopping Centre Leasing residential. This will create retail leasing agent. a strategic expansion plan and individual shop layouts and 12 months. The focus has been m redevelopment of the Direct: +44 (0) 20 7152 5240 a vibrant and exciting place carefully selecting sites. We are advice on marketing material, on strong market towns such Westgate Centre in the heart Mobile: +44 (0) 7764 398 240 to live, visit and shop in the also instructed to acquire sites through to the inception and as Peebles, Troon and Largs, of Oxford. This new shopping [email protected] heart of Edinburgh. Cushman for Wahaca’s more casual sister implementation of the female as well as flagship city centres and leisure destination is due Stuart Moncur & Wakefield is appointed brand, DF Mexico. focused strategy for the scheme. such as on George Street for completion in Autumn 2017 Head of National Retail and as joint Retail and Leisure We successfully concluded in Edinburgh. and is currently 50% pre-let. Occupier Services leasing agents. Construction lettings of flagship stores on The development comprises Direct: +44 (0) 131 222 4529 for Edinburgh St James is Long Acre including COS, approximately 100 new Mobile: +44 (0) 7887 795 506 scheduled to start in 2016 with Banana Republic, Jack Wills, shops including a John Lewis [email protected] completion due in 2020. Massimo Dutti, Barbour and department store and forms a L.K. Bennett. key part of the regeneration of Martin Supple Oxford city centre. Partner – Head of Out of Town In 2013 Longmartin Properties BRENT CROSS, LONDON Retail Agency decided that only a sole Cushman & Wakefield has advised on this flagship shopping centre Direct: + 44 (0) 20 7152 5898 retail agent was required and from its original construction. It now prepares to enter a new phase Mobile: + 44 (0) 7793 808 898 Cushman & Wakefield was with a major extension and refurbishment. Acting on behalf of [email protected] chosen to remain as the sole Hammerson and Standard Life, Cushman & Wakefield is providing retail advisor. John Percy a wide range of development advice, including local authority Director - Head of Retail negotiations, site assembly and viability. The scheme has planning Development Consultancy permission and work is progressing on the implementation of the Direct: +44 (0) 20 7152 5929 shopping centre and wider Cricklewood area development. In addition, TRANSACTED OVER Mobile: +44 (0) 7730 817 060 Cushman & Wakefield are retained to lease at Brent Cross, covering [email protected] 850,000 sq. ft. of prime retail with 8,000 free car parking spaces. Brent Cross is anchored by John Lewis and Fenwick. Cushman & Wakefield is DEALS IN Alistair Parker also working on the extension which will add an additional 850,000 sq. 2,100 Partner – London ft. of retail and leisure space, due to open in 2021. 2015 Direct: +44 (0) 20 7152 5203 Mobile: +44 (0) 7764 398 203 [email protected]

62 - Cushman & Wakefield - EMEA Retail Book WE ARE THE CENTRE OF RETAIL & LEISURE Helping clients transform the way people work, shop and live

RETAIL ASSET SERVICES EMEA RETAIL ASSET SERVICES ARE A TEAM OF EXPERIENCED WE ARE INDIVIDUALS WHO SPECIALISE IN MANAGING RETAIL RETAIL ASSET & LEISURE PARKS, SHOPPING CENTRES, HYPERMARKET AND HIGH STREET SERVICES EMEA PROPERTIES.

Using market-leading technology, our experts provide unique insights into the changing environment and deliver cutting edge solutions to retailer engagement, social and digital media, customer service and community engagement.

Our approach is based on collaboration between owners, occupiers, stakeholders and customers and is “Cushman & Wakefield provide professional services in designed to build relationships that drive performance and adapts to changing market conditions. the day-to-day property management as well as letting activities, employing a highly qualified and experienced RETAIL ASSET SERVICES: team. Close cooperation with the Owner and tenants, • Property Management • Service Charge Consultancy reporting in accordance with Owner’s guidelines, and the • Research Analysis provision of accounting and financial services meeting the • Development Advice • Insurance Services highest market standards since we started our cooperation • Asset Enhancement • Marketing and Commercialisation in the property management field back in 2005. • Facilities Management • Financial Management It is a pleasure to recommend Cushman & Wakefield as a reliable and professional business partner.”

KAREL ZEMAN, Head of Asset Management Poland CBRE Global Investors 176 357 NUMBER OF NUMBER OF SHOPPING CENTRES OTHER RETAIL ASSETS

64 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -65 RETAIL ASSET WE ARE SERVICES EMEA RETAIL ASSET SERVICES EMEA CONTACTS

ISLAZUL, MADRID, SPAIN Michael Hatt Cushman & Wakefield was instructed to perform the integrated management of Head of Asset Services EMEA the 90,000 sqm shopping centre in 2014, after its purchase by THRE. Since the Office: +44 203 296 3667 instruction, C&W has implemented multiple actions which resulted in a consolidation Mobile: +44 7768 125 195 and improvement of the retail offer, a higher BREEAM rating, a reduction of the service [email protected] charges budget by 5% and an increase in footfall by 7.5% and total sales by 14%. In 2016 Islazul has been awarded by the AECC (Spanish Council of Shopping Centres) with two “Cushman & Wakefield are Rafael Mateu awards: Best Environmental Campaign and Best Shopping Centre Marketing Campaign. Partner - Head of Retail Asset Services, Spain partners with THRE at European Office: +34 91 781 00 10 Mobile: +34 659 477 009 level and manage two Shopping [email protected] ZŁOTE TARASY, WARSAW, POLAND Złote Tarasy is one of the most spectacular and unique world-class city centre retail projects Centres and one Retail Park for us André Navarro in Europe. The multi-award winning centre is one of the three largest shopping centres that Associate - Head of Retail Services, Portugal dominate the retail landscape in Warsaw and is the only one of these centres managed by a in Spain. We are highly satisfied Office: +351 213 224 757 third-party provider. Cushman & Wakefield has been managing this project for five years. The Mobile: +351 91 223 9691 service that we provide includes full Asset Services, strategic leasing & marketing, financial with the quality of service we [email protected] reporting, corporate accounting and sustainability advice. Over the last 5 years we have re- Francesco Della Cioppa leased over 2/3 of the leasable area and achieved a 16% increase in rental income. receive from the team, coordinated MRICS Partner - Head of Asset Services, Italy Direct: +39 02 637 99 256 at all times by a Key Account Mobile: +39 335 651 2553 SONY CENTRE, BERLIN, GERMANY [email protected] The Sony Center, a multi-use center in the heart of Berlin, located at the Potsdamer Platz. Manager, who is always available Cushman & Wakefield has been providing property management services for more than 10 Christopher Rasiewicz Head of Asset Services, Poland years, with 3 changes of ownership over the last decade. Current focus is on service charge to respond to our needs. The team reconciliation, tenant supervision and accounting. Direct: +48 (22) 222 30 40 has proven to be very proactive in Mobile: +48 668 268 252 [email protected]

suggesting initiatives to enhance Catherine Lambert Head of Retail Asset Services, UK the value our assets under their Direct: +44 (0) 20 3296 3677 LE PIRAMIDI, TORRI DI QUARTESOLO VI, ITALY Mobile: +44 (0) 7881 747 196 management, working closely with [email protected] When the traditional shopping centre was still a dominant format in Italy, Le Piramidi stood out as the first “American style” mall: with refined internal decorations, no food anchor, us on sustainability policies. Their a wide articulated gallery offering a distinctive shopping experience, and an engaging marketing program. Since early Nineties Le Piramidi established itself as a market leader and a professionalism and expertise destination for shopping and leisure, attracting visitors not only from the town of Vicenza, but from a wide-spread hinterland region characterized by high expenditure. In 2007 an extensive contribute to our strategic picture refurbishment, carried out without interfering with retail activities, further enhanced the mall image, awareness and value for its landlords. and we work closely together in the development of the business OLD SPITALFIELDS MARKET, LONDON, UK Tribeca Holdings appointed Cushman & Wakefield in March 2014 with the aim of positioning plan for each asset, always the asset as an internationally renowned market destination. In order to achieve this, full retail strategy alignment was required with an overhaul of all management procedures. The adhering to our strict standards property now attracts circa 8m visitors per annum and is one of London’s top retail destinations. of management and reporting required by our company.”

FORUM CASTELO BRANCO, CASTELO BRANCO, PORTUGAL MARTA CLADERA DE CODINA, 8.2M TOTAL SQ METERS Cushman & Wakefield has been managing Forum Castelo Branco since 2010. We have Head of Iberia, TH Real Estate improved the tenant mix by leasing a 2,000 sq m unit to H&M to replace the underperforming cinemas; replaced the centre manager as well as reduced the number of on-site staff and renegotiated all service contracts, achieving an overall reduction in service charges of 16% since 2010. 12,384 NUMBER OF TENANTS €553M ANNUAL RENT COLLECTED P.A.

€446M SERVICE CHARGE COLLECTED P.A 185,870 TOTAL NUMBER OF CAR PARKING SPACES

66 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book -67 No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals. © 2016 Cushman & Wakefield LLP. All rights reserved.