A VISIONARY APPROACH TO PROPERTY DEVELOPMENT PROJECTS Backed by its extensive know-how, Innovater is involved in property development projects as well as letting and selling of commercial, residential and retail projects to tenants and investors.

Since being founded in 2008, Innovater has built a strong position as a professional player in the property development market. The people behind “Innovater” include some of Denmark’s most experienced re- tail developers and property investors.

We develop and manage commercial, residential and retail projects in Denmark. Our partnership approach ensures that all the partners we work with are experts in their particular fields. Innovater always maintains the project overview and management control during the entire project.

Innovater’s ambition is to be the preferred partner to retail chains and property investors. We endeavour to accommodate the needs of retail chains and property investors through continuous improve- ment of our project development services with a view to consistently providing the best solutions and the best locations for our clients. 2 PROJECT FROM A TO Z

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TAKING A PROJECT FROM START TO FINISH Innovater manages the whole complex process, starting with an empty field or tired propertyInnovater managesand ending the entire with complex the process finished starting project, with Retailwith new chains shops and infrastructure. a green field site or worn-down property and seeing the pro- Project presentations to retail chains and drawing up leases ject through until completion with new shops and infrastruc- is another main area that Innovater handles. We have the ture. A project typically starts with an exploration aimed at skills and knowledge in-house needed for this particular part identifying a potential project. Innovater prepares an analysis of the process. We pride ourselves in providing the highest of the area with respect to customer basis, competition and quality information to our clients for their decision making traffic flow. when they contemplate opening a new shop. Authorities The construction phase Our highly experienced team is fully capable of running the In the construction phase, we work with a small number of entire process from the initial meeting with the land owner, highly experienced contractors. Our business partners know to dealing with local planning, zoning, drafting contracts with the retail chains and they understand the high standards de- company-owned retail chains and until closing of the sale to manded. Quality and time are key parameters of project de- the end investor. We work very closely with partners and velopment. This is why Innovater is involved every step of the clients through the entire project stage. Our commitment way, whether we are the builder or have sold the project. In to quality is our top priority whether working on an owner- other words, Innovater takes responsibility for the fulfilment driven single property project or on a multiple property pro- of all agreements and ensures that the end-product delivered ject for a large professional international investor. Our role at to the retail chain and the investor is of the highest quality. Innovater is to manage the entire process, interacting with each stakeholder, as illustrated in the property development wheel. This ensures that we can complete each project to everyone’s full satisfaction. 3 PROJECT DEVELOPMENT

PROPERTY DEVELOPMENT

Innovater develops and sells property projects in Denmark, focusing mainly on the gro- cery retail market.

Our highly experienced team is fully capable of running the en- standards we demand from ourselves. That way, we ensure that we tire process from the initial meeting with the land owner, to can always deliver high quality projects within the agreed timeframe. dealing with local planning, zoning, drafting contracts with company-owned retail chains and until closing of the sale to Increasingly, our focus is on large-volume projects involving the end investor. We work very closely with partners and cli- local and mid-sized retail centres with grocery stores, other ents through the entire project stage. Our commitment to retail units, as well as commercial and residential units: quality is our toppriority whether working on an owner-driven single property project or on a multiple property project for a large professional international investor. Our role at Innovater Åbyen, Aarhus: Total floor space of about 20,500 is to manage the entire process, interacting with each stake- sqm., including a new retail store and holder, as illustrated in the property development wheel. This 266 housing units. ensures that we can complete each project to everyone’s full satisfaction. Bagsværd: Developing 6,000 sqm of space, con sisting of a new , a Innovater desires to work with repeat business partners in or- new high street shop (professional ser- der to optimise and enhance our end product through shared vices) and 28 housing units with base learning and collaboration. Our objective at Innovater is to pro- ment parking facilities. vide perfect turnkey retail premises allowing our tenants to concentrate on welcoming happy customers. By regular busi- Snekkersten: Developing 5,500 sqm with two gro- ness partners, we mean everyone involved in the entire pro- cery stores, a restaurant and 28 resi- ject: contractors, advisers, tenants, financial partners and, dential units with terraces. not least, the end investors. We always demand high stan- dards from our business partners, but none higher than the

Åbyen, Aarhus Bagsværd Snekkersten

4 PROJECTS 2008-2016 PROJECTS, INNOVATER 2008 - 2016

Navn By Vejnavn Antal m² Netto Avedøre Hjulmagerporten 1 1.150 Ballerup Malmparken 17 1500 Rema 1000 Ballerup Tårnets Kvarter 32 1.000 Kiwi Bjerringbro Brogade 1.000 Kiwi Brøndby Søndre Ringvej 41A 1.150 Fakta Brøndby Kærdammen 1.000 Fakta Frederikshavn Grundtvigsvej 1.000 Jem&Fix Farum Rugmarken 11 822 Fakta/Irma/bank/lægehus o.a. Gilleleje Peter Fjelstrups Vej 5.300 Grenå Søndergade 1.000 Irma Greve Greve Strandvej 750 Jem&Fix Hadsten Gammel Sellingvej 1.000 Fakta Havdrup Mølleparken 1.000 Fakta Holbæk Tåstrup Møllevej 1.000 Fakta Horsens Vejlevej 1.000 Aldi Horsens Sundvej 1.000 Fakta Hundested Nørregade 1.700 Rema 1000 Hundested Degnebakken 1.000 KIWI Hvidovre Friheden Butikscenter 1.600 Netto/Fitness DK/Lejligheder Hørsholm Hovedgaden 31 5.000 Netto Jyllinge Værebrovej 30 1.000 Rema 1000 Jonstrup Jonstrupvangvej 1.000 Fakta Kalundborg Elmegade 1.000 Netto + Tank Karrebæksminde Rønhave Parkvej 1.000 Fakta Kolding Fynsvej 1.000 Netto Kolding Hylkedalvej 1.000 Fakta Kolind Bredgade 1.000 Kontor København K Dronningensgade 500 Fakta Q København K Dronningensgade 540 Fakta København S Englandsvej 850 Rema 1000 Lind Hovedgade 1.000 Kiwi Kongens Lyngby Banegårdspladsen 1.000 Fakta Løgstør Bredgade 1.000 Lidl Malmparken Malmparken 17 1.500 Jem&Fix Middelfart Nyvangsvej 1.000 Fakta Måløv Østerhøj bygade 1.000 Irma Nærum Nærumvænge Torv 1.000 Irma Nærum 679 Kiwi Næstved Østre Ringvej 1.000 Fakta Næstved Præstøvej 1.000 Rema 1000 Odense N Anderupvej 1.000 Fakta Odense SV Faaborgvej 1.000 Fakta Odense C Rømersvej 1.000 Netto Odense S Syvhøjevej 1.000 Fakta Randers C Engboulevarden 1.000 Aldi Randers C Mariagervej 1.000 Netto Randers C Rådmandsboulevard 1.000 Rema 1000 Ribe Trojels Knæ 1.000 Fakta/Jem&Fix/Carl Ras o.a Ringsted Huginsvej 3.000 Rema 1000 Rødekro Østergade 1.000 Fakta Rødovre Rødovrevej 1.000 Rema 1000 Rønnede Vordingborgvej 1.000 Lidl Skanderborg Vestergade 1.000 Kiwi Skive Søndergade 1.000 Bolig Skive Søndergade 1.500 Jem&Fix Skælskør Træbjergvej 1.000 Fakta Skødstrup Grenåvej 1.000 Fakta Stege Østervangsvej 1.000 Aldi Tilst Runevej 1.000 Fakta Tommerup Møllebakken 1.000 Fakta Tølløse Industrivej 1.000 Jem&Fix Valby Gammel Køge Landevej 1.000 Fakta Vestbjerg Blomsterbakken 1.000 Netto Vejen Frederik den VIIs gade 1.000 Netto Viborg Vesterbrogade 1.000 Kiwi Viborg Vestervangsvej 1.000 Rema 1000 Viby Gammel Kongevej 1.000 Rema 1000 Vojens Hans Grams Vej 1.000 Fakta Vordingborg Ndr. Vindingevej 1.000 Netto Østerbro Lyngbyvej 32 1.200 Fakta/Netto/lægehus/5 småbutikker Ålsgårde Ålsgårdecentret 3.500 Jem&Fix Århus Chr. X vej 1.000 Fakta Årup Indre Ringvej 1.000

Samlet 87.241 5 MIXED-USE PROJECTS

MIXED-USE PROJECTS

Hørsholm Developed and constructed a 5,000 m² newbuild project in Hørsholm’s pedestrian street in cooperation with O. Adsbøll & Sønner. Project de- signed by Dorte Mandrup Arkitekter. The project consists of a 1,320 m² Netto store, 2,000 m² designated for Fitness dk and 12 residential units. Handover was spring 2016. The project will be prominently located along Rungstedvej and create much needed dynamics at the southern end of the pedestrian street.

Gilleleje About 5,000 m² in the heart of Gilleleje, including new Fakta and Irma retail stores, new Danbolig and Nordea branches and the town’s new healthcare centre with medical services and a dental clinic. Six residential units sold off-plan to private home buyers some eight months before being ready for occupation. Our first residential project sale. The commercial part of the project was handed over to the investor in early 2014. 6 MIXED-USE PROJECTS

Åbyen – Aarhus The site housing the old freight forwarding terminal at Søren Frichs Vej is being converted into a new residential area, and Innovater will be in charge of building a new 1,000 sqm Netto supermarket and 102 flats covering a total of 6,500 sqm. Another 164 family flats are also being built at nearby Lokesvej in the Åbyhøj district. Årstidernes Arkitekter have designed these residential units, which have a total floor space of 13,000 sqm.

Trøjborg Centret – Aarhus Innovater is partnering with NREP to develop Trøjborg Cen- tret in Aarhus. Stage one involves an extensive modernisation of both interior and exterior areas. Stage two involves the development of residential units. The project is designed by Skovhus Architects. 7 STANDARD PROJECTS

EXAMPLES OF OTHER PROJECTS

Fakta Horsens Netto Jyllinge

KIWI Lyngby Rema 1000 Rønnede Fakta Holbæk

Carl Ras Ringsted Fakta Tølløse jem & fix Skælskør

Irma Greve Fakta Løgstør

8 STANDARD PROJECTS

LIDL Malmparken Aldi Randers Rema 1000 Værløse

Fakta Holbæk Rema 1000 Ribe Ålsgårde, Netto, Fakta, Fitness samt mindre butikker

jem & fix Skælskør KIWI Viborg

Rema 1000 Vojens jem&fix Gilleleje

Fakta Løgstør Fakta Kalundborg LIDL Skanderborg Fakta Q København

9 CONTACT INFORMATION

BOARD OF DIRECTORS

Carl Erik Skovgaard Claus Søgaard Poulsen Finn Birkjær Sørensen Board member Board member Chairman

EXECUTIVE BOARD

Morten Lykke Rikke Bjørn Sørensen CEO Financial Manager Mobile: +45 53 53 53 88 Mobile: +45 27 57 76 42 [email protected] [email protected]

10 CONTACT INFORMATION WEST

Michael K. Thomsen Andreas Bagunck Søren Skovsbøl Katharina Kirkegaard Jonas Knakkergaard Development Manager Developer Technical Manager Project Assistant Investment Analyst Mobile: +45 29 71 86 90 Mobile: +45 25 31 86 70 Mobile: +45 20 16 70 20 Mobile: +45 22 14 03 48 Mobile: +45 70 26 70 10 [email protected] [email protected] [email protected] [email protected] [email protected]

Hanne Nymark Anders Nissen Tina Østergaard Marianne Overby Legal Project Coordinator Accountant Executive secretary Secretary Mobile: +45 28 25 92 74 Mobile: +45 60 98 14 02 Mobile: +45 22 40 44 04 Mobile: +45 60 13 32 52 [email protected] [email protected] [email protected] [email protected] EAST

Peter Søgaard Mahad Farah Søren Heron Poul Siig Andreas Winkler Chief Development Officer Development Manager Project Manager Technical Manager Project Manager Mobile: +45 60 13 53 90 Mobile: +45 26 24 91 25 Mobil: +45 20 10 25 49 Mobile: +45 60 13 04 94 Mobile: +45 30 31 34 39 [email protected] [email protected] [email protected] [email protected] [email protected]

Ditte Birkjær Boll Susie Hansen Developer Secretary Mobile: +45 26 80 88 04 Mobile: +45 29 90 65 56 11 [email protected] [email protected] Innovater West Innovater East Marselisborg Havnevej 56, 2. floor Dronningens Tværgade 9B, 1. floor [email protected] DK-8000 Aarhus C DK-1302 København K www.innovater.dk Tel. +45 7026 7010 Tel. +45 7026 7010 Company registration (CVR): 30 51 70 75