Tender Of Stadium

2010

Tender of Ali Sami Yen Stadium

The most important tender of Turkish Republic History

ALI SAMI YEN STADIUM

Land Information

Country: Türkiye

City:

Place: Mecidiyeköy/ Şişli

Land: 1199 Island 384 Block ( Land of Ali Sami Yen Stadium )

Acreage: 34.640,43 m²

Height: Free

Merchantable Area: 120.000 m²

Construction Cost: 200.000.000 USD

Land Value: Will be determined by the tender and according to revenue sharing system.

Estimated Revenue: 1.200.000.000 USD

Tender of Ali Sami Yen Stadium

Location Features of The Land

In respect of location, Ali Sami Yen Stadium is located in the very central point of main arterial road which connects E5 (O-1) Highway to The Bosphourus Bridge. This routing accomodates the most expensive structure stock of the country and centers of leader foundations which give way to the economy of Turkiye, in the very center of densely populated districts such as Şişli, Beşiktaş, Okmeydanı, Kağıthane. The land, with its current circumstance, is one of the primary real estates of and Istanbul. The land of Ali Sami Yen Stadium tender of which is made on May 24th, is close to the land of Highways Zone 17th tender of which is made last year and still holds the title of the most expensive tender of Turkish Republic History. Considering the average of night and day of Istanbul, the most intense vehicle and pedestrian traffic is on this point, in addition to its central location.

Overview Location

Tender of Ali Sami Yen Stadium

Significant Centers in The Area

Tender of Ali Sami Yen Stadium

What can we do with our partnership?

The land of Ali Sami Yen Stadium can be resembled to New York’s Manhattan and Tokyo’s Ginza areas in its respect of being a focus center of leader foundations which direct the trade life in Turkiye. The land is not only one of the primary areas that are preffered by the richer ones of both Turkiye and Istanbul as means of shopping and social activities, but also it accomodates important shopping centers where workers in this area and people with middle income can shop. When we look in this way we can see that the area has a multifunctional location.

Accepted as one of the most central locations of Turkiye, the land is suitable for constructing large capacity shopping centers, residence, office buildings, luxurious dwellings and hotels. It is certain that building which will be constructed on the land will be priceless because of all-day long high population, vehicle and pedestrian traffic. That there is no limit of height of building which will be construsted on the land facilitates the application of an authentic and imposing building that can be a symbol in Turkiye even in .

Appearence from Mecidiyeköy Crossing Tender of Ali Sami Yen Stadium

Ali Sami Yen Stadium and Marmara Sea

Tender of Ali Sami Yen Stadium

Ali Sami Yen Stadium and The Bosphorus

Tender of Ali Sami Yen Stadium

Turkiye’s Most Popular Buildings are Here

The land becomes prominent with its both volume of population and work and architecture fiber. Accumulation of the most imposing buildings of Turkiye here brings the area a very unique magnificence and dynamism. Let’s see some of these structures:

Astoria Residence and Shopping Center Tender of Ali Sami Yen Stadium

Cevahir Shopping Center

Cevahir Shopping Center Tender of Ali Sami Yen Stadium

Garanti Bank Headquarters Tender of Ali Sami Yen Stadium

Tatlıcı Towers Tender of Ali Sami Yen Stadium

Sabancı Center Tender of Ali Sami Yen Stadium

Is Bank Towers

Sisli Plaza and Elite Residence Tender of Ali Sami Yen Stadium

Who are We?

We serve with our experience in fields of engineering and long-term contracting experiences in construction sector as Makro İnşaat.

Our company has signed important projects in a very short time due to its sectoral vision and professional approach, and with its specialist staff of works of luxurious dwelling, housing estate, contracting works, background, landscaping, road, bridge and crossway and mainly building tenders which are initiated within the headship of TOKI.

As Makro İnşaat we have brought out 3.500 dwellings 576 of which are in Sivas,1356 in Istanbul, 105 in Bursa and 1296 in Çorlu, 12 schools, 5 shopping centers in the last 5 years. Finally we totaly won construction tender of 120-flat luxurious dwelling buildings in Asgabat where Turkmenistan Textile Secretary of State for Industry has demanded and we are about to finish that work.

To the projects which are completed in our company portfolio which you can also see in our web site www.makroinsaat.com.tr 1296-dwelling Çorlu Ergene Vadisi www.ergenevadisi.com.tr Project is added which we are responsible of its building and completed in a very short time like 16 mounths before delivery. The project is delagated within TOKI- Emlak Konut GYO A.Ş. like Ali Sami Yen Stadium and it is finished by investing 105.000.000 USD by our company. Building of Ergene Vadisi started on May 2008 and deliverd to their owners on October 2009 process of building up project of which is completed fastly. Construction speed, building quality, succesful marketting and sales performance brought high awareness level and brand name value of Trakya’s feature project.

Our comnpany is very careful in developing, manufacturing and quality process and has a principle of delivering ahead of time. Partners are composed of 2 civil engineers and 1 business manager.

We can accomplish this project with high added-value in our country’s valuable location,by shaping with our engineering knowledge and accretion ,sectoral experiences and social responsibility approach and your valuable association. Necessary documents of technical and financial prequalification documents are available in our company if you want to join the aforementioned tender.

With best regards

MAKRO INSAAT TICARET LIMITED SIRKETI

2010 ALI SAMI YEN PROJECT CASH FLOW ANALYSIS (USD) PROJECT OUTFLOW PROJECT INFLOW

NET CASH FLOW

LAND COST INFRASTRUCTURE COSTS CONSTRUCTION COSTS MISCELLANEOUS COSTS TOTAL PROJECT OUTFLOW SALES TOTAL PROJECT INFLOW

SHOPPING MONTHS DEMOLITION & SHOPPING MALL RESIDENCES OFFICES LOAN PRINCIPLE SALES & PROJECT OUTSOURCE RESIDENCES OFFICES INSTALLMENTS UTILITIES INTEREST DESIGN PERMITS MONTHLY CUMMULATIVE MALL MONTHLY CUMMULATIVE MONTHLY CUMMULATIVE ACCESS ROADS (900 USD/m2) (1200 USD/m2) (600USD/m2) PAYBACK MARKETING MANAGEMENT FINANCING (10,000 USD/m2) (8,000 USD/m2) (10,000 USD/m2)

1

1 70.000.000 500.000 75.000 70.575.000 70.575.000 75.000.000 75.000.000 75.000.000 4.425.000 4.425.000

2 500.000 75.000 575.000 71.150.000 - 75.000.000 (575.000) 3.850.000

3 500.000 75.000 575.000 71.725.000 - 75.000.000 (575.000) 3.275.000

4 500.000 75.000 575.000 72.300.000 - 75.000.000 (575.000) 2.700.000

5 500.000 75.000 575.000 72.875.000 - 75.000.000 (575.000) 2.125.000

6 500.000 1.500.000 75.000 2.075.000 74.950.000 - 75.000.000 (2.075.000) 50.000

7 500.000 100.000 75.000 675.000 75.625.000 - 75.000.000 (675.000) (625.000)

8 1.000.000 100.000 500.000 75.000 1.675.000 77.300.000 20.000.000 20.000.000 95.000.000 18.325.000 17.700.000

9 2.000.000 200.000 600.000 1.500.000 75.000 4.375.000 81.675.000 - 95.000.000 (4.375.000) 13.325.000

10 3.000.000 200.000 750.000 1.750.000 300.000 75.000 6.075.000 87.750.000 - 95.000.000 (6.075.000) 7.250.000

11 3.000.000 250.000 850.000 1.850.000 350.000 75.000 6.375.000 94.125.000 - 95.000.000 (6.375.000) 875.000

12 52.500.000 2.000.000 250.000 1.000.000 2.000.000 450.000 336.458 3.166.667 250.000 75.000 62.028.125 156.153.125 40.000.000 20.000.000 10.000.000 70.000.000 165.000.000 7.971.875 8.846.875

13 2.000.000 300.000 1.200.000 2.200.000 600.000 336.458 3.166.667 250.000 75.000 10.128.125 166.281.250 20.000.000 20.000.000 10.000.000 50.000.000 215.000.000 39.871.875 48.718.750

14 1.000.000 300.000 1.300.000 2.500.000 700.000 336.458 3.166.667 250.000 75.000 9.628.125 175.909.375 20.000.000 20.000.000 7.000.000 47.000.000 262.000.000 37.371.875 86.090.625

15 250.000 1.500.000 3.000.000 750.000 336.458 3.166.667 250.000 75.000 9.328.125 185.237.500 10.000.000 20.000.000 7.000.000 37.000.000 299.000.000 27.671.875 113.762.500

16 250.000 1.500.000 3.500.000 850.000 336.458 3.166.667 250.000 75.000 9.928.125 195.165.625 10.000.000 20.000.000 7.000.000 37.000.000 336.000.000 27.071.875 140.834.375

17 200.000 1.300.000 4.200.000 900.000 336.458 3.166.667 250.000 75.000 10.428.125 205.593.750 10.000.000 25.000.000 7.000.000 42.000.000 378.000.000 31.571.875 172.406.250

18 52.500.000 200.000 1.200.000 4.500.000 1.000.000 336.458 3.166.667 250.000 75.000 63.228.125 268.821.875 10.000.000 25.000.000 7.000.000 42.000.000 420.000.000 (21.228.125) 151.178.125

19 150.000 1.100.000 5.500.000 1.100.000 336.458 3.166.667 250.000 75.000 11.678.125 280.500.000 10.000.000 25.000.000 7.000.000 42.000.000 462.000.000 30.321.875 181.500.000

20 150.000 1.000.000 7.500.000 1.000.000 336.458 3.166.667 250.000 75.000 13.478.125 293.978.125 10.000.000 25.000.000 7.000.000 42.000.000 504.000.000 28.521.875 210.021.875

21 100.000 900.000 9.000.000 800.000 336.458 3.166.667 250.000 75.000 14.628.125 308.606.250 10.000.000 25.000.000 7.000.000 42.000.000 546.000.000 27.371.875 237.393.750

22 800.000 12.000.000 700.000 336.458 3.166.667 250.000 75.000 17.328.125 325.934.375 5.000.000 25.000.000 7.000.000 37.000.000 583.000.000 19.671.875 257.065.625

23 750.000 11.000.000 600.000 336.458 3.166.667 250.000 75.000 16.178.125 342.112.500 5.000.000 30.000.000 7.000.000 42.000.000 625.000.000 25.821.875 282.887.500

24 52.500.000 700.000 9.000.000 500.000 336.458 3.166.667 250.000 75.000 66.528.125 408.640.625 5.000.000 30.000.000 7.000.000 42.000.000 667.000.000 (24.528.125) 258.359.375

25 600.000 7.000.000 450.000 336.458 3.166.667 250.000 75.000 11.878.125 420.518.750 5.000.000 30.000.000 7.000.000 42.000.000 709.000.000 30.121.875 288.481.250

26 450.000 5.000.000 400.000 336.458 3.166.667 250.000 75.000 9.678.125 430.196.875 5.000.000 30.000.000 7.000.000 42.000.000 751.000.000 32.321.875 320.803.125

27 3.000.000 300.000 336.458 3.166.667 250.000 75.000 7.128.125 437.325.000 5.000.000 30.000.000 7.000.000 42.000.000 793.000.000 34.871.875 355.675.000

28 250.000 336.458 3.166.667 250.000 75.000 4.078.125 441.403.125 5.000.000 30.000.000 7.000.000 42.000.000 835.000.000 37.921.875 393.596.875

29 336.458 3.166.667 1.500.000 250.000 75.000 5.328.125 446.731.250 5.000.000 30.000.000 7.000.000 42.000.000 877.000.000 36.671.875 430.268.750

30 52.500.000 336.458 3.166.667 250.000 75.000 56.328.125 503.059.375 5.000.000 30.000.000 7.000.000 42.000.000 919.000.000 (14.328.125) 415.940.625

31 336.458 3.166.667 250.000 75.000 3.828.125 506.887.500 5.000.000 30.000.000 6.000.000 41.000.000 960.000.000 37.171.875 453.112.500

32 336.458 3.166.667 250.000 75.000 3.828.125 510.715.625 30.000.000 5.000.000 35.000.000 995.000.000 31.171.875 484.284.375

33 336.458 3.166.667 250.000 75.000 3.828.125 514.543.750 25.000.000 5.000.000 30.000.000 1.025.000.000 26.171.875 510.456.250

34 336.458 3.166.667 250.000 75.000 3.828.125 518.371.875 25.000.000 5.000.000 30.000.000 1.055.000.000 26.171.875 536.628.125

35 336.458 3.166.667 250.000 75.000 3.828.125 522.200.000 25.000.000 25.000.000 1.080.000.000 21.171.875 557.800.000

36 336.458 3.166.667 250.000 75.000 3.828.125 526.028.125 25.000.000 25.000.000 1.105.000.000 21.171.875 578.971.875

37 336.458 3.166.667 250.000 75.000 3.828.125 529.856.250 25.000.000 25.000.000 1.130.000.000 21.171.875 600.143.750

38 35.000.000 336.458 3.166.667 250.000 75.000 38.828.125 568.684.375 25.000.000 25.000.000 1.155.000.000 (13.828.125) 586.315.625

39 336.458 3.166.667 250.000 75.000 3.828.125 572.512.500 20.000.000 20.000.000 1.175.000.000 16.171.875 602.487.500

40 336.458 3.166.667 250.000 75.000 3.828.125 576.340.625 20.000.000 20.000.000 1.195.000.000 16.171.875 618.659.375

41 336.458 3.166.667 250.000 75.000 3.828.125 580.168.750 20.000.000 20.000.000 1.215.000.000 16.171.875 634.831.250

42 75.000 75.000 580.243.750 20.000.000 20.000.000 1.235.000.000 19.925.000 654.756.250

43 75.000 75.000 580.318.750 10.000.000 10.000.000 1.245.000.000 9.925.000 664.681.250

44 35.000.000 75.000 35.075.000 615.393.750 10.000.000 10.000.000 1.255.000.000 (25.075.000) 639.606.250

TOTALS 350.000.000 15.000.000 3.000.000 18.000.000 96.000.000 12.000.000 10.093.750 95.000.000 2.500.000 3.000.000 7.500.000 3.300.000 615.393.750 95.000.000 200.000.000 800.000.000 160.000.000 1.255.000.000 639.606.250

COST OF LAND : 350.000.000

NET PRESENT VALUE (NPV) 535.553.892

DISCOUNT RATE FOR NPV 8,5%

RETURN ON INVESTMENT (ROI) 104%