TEM Project, Outline Presentation, Istanbul, Turkey 1 TEM Project, Outline Presentation, Istanbul, Turkey 2 Project Information Key Figures Project Description y y TEM Shopping Center is located next to TEM highway in Gaziosmanpasa district. TEM highway is one of the busiest routes in Europe, carrying both local and long distance traffic between Asia and Europe. Europe Land Size (sqm) 72,345 sqm Project GLA Shopping C. (sqm) Between 69.577 sq. m. to 70,122 sqm Foot print of Shopping C. C (sqm) 41 000 sqm 41.000 The project mainly surrounded by middle class and lower-middle class residential neighborhoods of the district of Gaziosmanpaşa, which is one of the most rapidly growing districts of Istanbul Project GLA Offices (sqm) Up to 24.000 sqm Foot print Offices (sqm) 7,000 sqm Building permit Status Issued July 2007 Building g Permit allows for a total construction of 241.648 sq. m between Retail, Offices and Parking. Land Ownership Fully owned by the SPV Zoning Status Zoning in place y There are several high-class g residential areas being g developed p within the catchment area. y There is a an agreement for development of the road infrastructure around the site with a commitment of 10M $. Anchors Catchment Area y The catchment is estimated at 4,5 million people within a 30minutes drive time, 1 million people within 10 minutes drive y Total Forum TEM catchment area: total: +/- 3 mln o 0-10 minutes: catchment area: +/- 1 mln o 10-20 minutes drive time: +/- 2 mln y Remaining of Istanbul European side: +/- 5 mln inh. y Well off areas: along coastal areas of Bosphorus (Sariyer, Besiktas) and Kemer y y Growth: to north (Kemer, Sariyer – better off) and northwest Well off area in growth axis: Kemer y Tesco: The contract with Tesco was signed in June 2008. (13,347 sqm) y Koçtaş : Leading DIY in was signed in February 2008. (7,128sqm) Retail Program y GLA : 69.577 sqm y Programme per Function o Hypermarket :13.347 sqm o DIY : o Anchors : o MSU : 9.329 sqm o Units : 16.364 sqm 7.128 sqm 16.364 sqm o Restaurants : 2.411 sqm o Leisure : 1.731 sqm o Cinema : 2 903 sqm 2.903 3 TEM Project - Location Maps & Design 4 Floor Plan – Parking Levels 5 Floor Plan – Ground Floor 6 Floor Plan – 1st Floor 7 Floor Plan – 2nd Floor 8 Sections 9 Office Building - Potential Design 10 Site Photos 11