FRENCH PORTFOLIO 9 February 2009 FRANCE SHOPPING CENTRES Bercy 2, Charenton-le-Pont In 2000, Hammerson acquired 20,200m² of the mall units in Size: 35,200m² Bercy 2, representing a 57% interest in the co-ownership. Opened: 1990 Built in 1990 and refurbished in 1997, the three-level scheme Ownership: Hammerson: 20,200m² designed by Renzo Piano is anchored by Carrefour. The No of tenants: 67 landmark scheme occupies a high profile site on one of the Main tenants: H&M, Carrefour, C&A, Etam Prêt à key exits from Paris on the Périphérique, and is one of the Porter most important shopping destinations in the eastern suburbs Tenure: Freehold of the capital. Average rent: £400/m² Espace Saint Quentin, St Quentin-en-Yvelines Acquired by Hammerson in 1994, Espace Saint Quentin is part of a larger mixed-use development including residential, Size: 58,700m² office and hotel accommodation and a food court. Anchored Opened: 1987 by Carrefour, the centre was refurbished in 1999 and an Ownership: Hammerson: 27,900m² extension added. A 5,800m² restructuring programme was No of tenants: 116 completed in 2007. Main tenants: Carrefour, Sephora, H&M Tenure: Freehold Average rent: £565/m² Grand Maine, Angers Grand Maine is located in the Lac du Maine area at the edge of Angers City Centre. Carrefour anchors the scheme and is Size: 22,000m² also the largest co-owner. Opened: 1983 Ownership: Hammerson: 9,100m² No of tenants: 59 Main tenants: Intersport, Celio, Promod, Naf Naf Tenure: Freehold Average rent: £330/m² Italie 2, Paris 13ème Hammerson’s 1998 acquisition of this three-level shopping complex was followed by a major refurbishment, completed in Size: 56,900m² 2001. The scheme is the second largest shopping centre in Opened: 1976 central Paris and is a key location for fashion and leisure Ownership: Hammerson 100% brands. Italie 2 forms part of a large mixed-use scheme No of tenants: 131 incorporating residential towers, offices and a hotel. A Main tenants: Champion, Darty, Go Sport, Jennyfer, 4,600m² restructuring of the Gaumont cinema and an 8,500m² Printemps, Zara extension along Avenue d’Italie are planned. Tenure: Freehold Average rent: £445/m² Les 3 Fontaines, Cergy-Pontoise Refurbished in 1996, following Hammerson’s acquisition in Size: 58,900m² 1995, Les 3 Fontaines is a three-level enclosed shopping Opened: 1972 centre, anchored by Auchan. A 32,000m² extension, part of Ownership: Hammerson: 22,900m² Hammerson’s longer-term development pipeline, will create No of tenants: 83 150 stores. Main tenants: Auchan, H&M, Mango Tenure: Freehold Average rent: £565/m² O’Parinor Shopping Centre, Aulnay-sous-Bois In September 2008 Hammerson completed a 24,000m² extension and redevelopment of its existing Parinor shopping Size: 90,500m² centre. The centre, rebranded “O’Parinor” is now the largest Opened: 1974 to the north of Paris, totalling over 90,000m² and providing an Ownership: Hammerson: 57,000m² enhanced retail offer and improved customer facilities. The No of tenants: 184 centre comprises 220 stores and is anchored by one of the Main tenants: Carrefour, C&A, Fnac, H&M, New top 10 Carrefour hypermarkets in France. Retailers to open Look, Saturn, Toys ‘R’ Us, Zara at the scheme following the extension include So Redoute, Tenure: Freehold Esprit, Benetton and Hilfiger. Average rent: £390/m² Place des Halles, Strasbourg Part of a mixed-use development including four office buildings, two residential buildings and two hotels, Place des Size: 41,000m² Halles is the main shopping destination in Strasbourg. Opened: 1979 Hammerson extensively refurbished the two-level shopping Ownership: Hammerson: 39,700 m² centre in 2002. UK retailer New Look recently opened one of No of tenants: 118 its first regional stores in France at Place des Halles, following Main tenants: C&A, Galeries Gourmandes, Go a reconfiguration of the former BHV department store unit. Sport, H&M, Mango, Sephora, Surcouf Tenure: Freehold Average rent: £350/m² 1280090 FRANCE RETAIL PARKS Villebon 2, Villebon-sur-Yvette Acquired in July 2005, Villebon 2 was the first French retail park in Hammerson's portfolio. The scheme is one of the Size: 48,100m² largest retail parks in the Paris region. It forms part of a larger No of tenants: 45 retail destination including an Auchan hypermarket. A 5,600 Ownership: Hammerson 100% m² extension has recently been completed and let to fashion Main tenants: C&A, Darty, Fnac verte, Toys ‘R’ Us retailers including C&A and Kiabi. Tenure: Freehold Average rent: £180/m² Saint Omer Retail Park, Saint Omer In December 2008, Hammerson acquired the remaining 70% interest in Saint Omer retail park, between Calais and Lille, Size: 18,500m² from developers SCCV des Frais Fonds. The park Start on site: November 2007 accommodates 16 retailers. Completion: Spring 2009 Ownership: Hammerson 100% Main tenants: Gifi, Heytens, Intersport, Kiabi, La Halle aux Chaussures, Tati Cap Malo Retail Park, Rennes Hammerson acquired the development site of Cap Malo retail park in December 2007 and began construction work in Size: 11,100m² Spring 2008. The park, which is adjacent to an Alinea store Start on site: Spring 2008 opened in August 2008, will accommodate 18 clothing, Completion: Spring 2009 homewares and leisure retailers, together with 1,000 car Ownership: Hammerson 100% parking spaces. The park will open in April 2009. Main tenants: Casa, Esprit, Group e Beaumanoir, Maxi Toys, Moda FRANCE OFFICES AND MIXED USE Les Trois Quartiers, 21 boulevard de la Les Trois Quartiers, a 1930s building in Paris’ CBD was Madeleine, Paris 1er acquired by Hammerson in 2000. A comprehensive remodelling of the retail element of the scheme was carried Size: 29,700m² out in 2002, with refurbishment of the offices following in Acquired: 2000 2006. The mixed-use scheme provides 17,900m² of office Ownership: Hammerson 100% accommodation on six levels, and 11,800m² of retail space on No of tenants: 25 ground and first floor. The building houses 25 tenants, Tenure: Freehold including Barclays, White & Case, Décathlon and Madelios. Average rent: £680/m² 148 rue de l’Université, Paris 7ème Acquired by Hammerson in 1999, the property was redeveloped in 2002 to provide 10,300m² of modern office Size: 10,300m² accommodation in a seven-storey building. The building Completion: 2002 includes 150 parking spaces. Principal tenants include: CDC Ownership: Hammerson 100% Enterprises Capital; Microsoft France; LBO France; and the No of tenants: 5 Japanese Delegation for UNESCO. Tenure: Freehold Average rent: £845/m² 54-60 rue du Faubourg Saint-Honoré, Paris 8ème Located on rue du Faubourg Saint-Honoré, between rue d’Aguesseau and rue d’Anjou, the buildings comprise six Size: 7,100m² blocks of multi-let properties providing 2,500m² of retail space Ownership: Hammerson 100% on three floors, 1,100m² of offices and 3,400m² of residential No of tenants: 52 accommodation. A planning application has been submitted Main tenants: Chloé, Comme des Garçons, Fratelli for a 3000 m² restructuring programme to create nine retail Rossetti, Montblanc, units. Tenure: Freehold Average rent: £520/m² Contact: Andrea Cockram, Corporate Communications Manager Hammerson plc 10 Grosvenor Street, London W1K 4BJ Tel: 020 7887 1881 [email protected] 1280090 .