WE ARE THE CENTRE OF RETAIL & LEISURE

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

WE ARE

2 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book - 3

CONTENTS

CROSS BORDER RETAIL & LEISURE .............................04

BELGIUM & LUXEMBOURG ..............................................08

CZECH REPUBLIC ............................................................... 12

FRANCE ................................................................................16

HUNGARY ............................................................................20

ITALY ..................................................................................... 24

THE NETHERLANDS ......................................................... 28

POLAND ............................................................................... 32

PORTUGAL .......................................................................... 36

RUSSIA .................................................................................40

SLOVAKIA ............................................................................44

SPAIN ....................................................................................48

SWEDEN AND THE NORDICS ........................................ 52

TURKEY ................................................................................ 56

UNITED KINGDOM .............................................................60

RETAIL ASSET SERVICES EMEA ....................................64

INTRODUCTION

NEVER HAS THERE BEEN A MORE EXCITING TIME FOR RETAIL THAN RIGHT NOW. TRADITIONAL MODELS HAVE BEEN DISRUPTED, AND A NEW ERA IS BEING USHERED IN. WITH INNOVATION COMES UNCERTAINTY AS WELL AS GREAT OPPORTUNITY.

JUSTIN TAYLOR Head of EMEA Retail

To meet the demands of the new retail landscape, we have aligned our Global strategy to deliver best in-class advice that harnesses our worldwide network and local expertise to create significant, ongoing value for our clients. You will find our multi award-winning team to be future focussed, insightful and passionate about retail, not just retail property. To find out how our Global team can help, contact me at [email protected].

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


WE ARECROSS BORDER RETAIL & LEISURE

CROSS BORDER RETAIL & LEISURE

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

Cushman & Wakefield provides consultancy 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

700 TRANSACTIONS IN 2015 FOR 270 INDIVIDUAL RETAILERS.

IN 2015 MANAGED OVER

320RELATIONSHIPS AND AGREEMENTS WITH RETAILERS

WORLDWIDE



WE ARECROSS BORDER RETAIL & LEISURE

CROSS BORDER RETAIL & LEISURECONTACTS

Justin TaylorHead of EMEA RetailDirect: +44 (0) 20 7152 5198Mobile: +44 (0) 7764 398 [email protected]

Mark BarrettHead of EMEA Cross Border Retail Agency Direct: +44 (0) 20 7152 5163Mobile: +44 (0) 7793 808 [email protected]

Dr. Yvonne CourtHead of EMEA Cross BorderRetail Consultancy Direct: +44 (0) 20 7152 5028Mobile: +44 (0) 7793 808 [email protected]

Lyndsay BarnesSurveyor - EMEA Cross Border Retail Agency Direct: +44 ( 0) 20 7152 5295Mobile: +44 (0) 7903 054 [email protected]

Simon MaurelPartner - Head of International Tenant Representation – France Retail Services Direct: +33 (0) 1 53 76 84 65Mobile: +33 (0) 7 78 82 53 92

Matthew HallettSenior Consultant - EMEA Cross Border Retail ConsultancyDirect: +44 (0) 20 7152 5251Mobile: +44 (0) 7793 808 121 [email protected]

Erika SchankeManaging DirectorAmericas Retail ServicesDirect: +1 212 841 5024Mobile: +1 404 680 [email protected]

Ruben MoyaAmericas Retail Services Direct: +1 (212) 8417 527Mobile: +1 347 602 [email protected]

Theodore Knipfing Head of RetailAsia Pacific Direct: +852 2507 0578Mobile: +852 9300 [email protected]

Sara GougartyDirector - Head of China Retail Tenant Representation Direct: +86 21 2320 0843Mobile: +86 137 6110 [email protected]

CROSS BORDER RETAIL AMERICAS

CROSS BORDER RETAIL APAC

CROSS BORDER RETAIL EMEA

TED BAKERTed Baker prides itself on design, quality, passion and attention to detail. This approach is evident in their real estate, as well as their products. Cushman & Wakefield adapted its role to reflect this and through our strategic advice secured Ted Baker’s first European flagship in Amsterdam.

Building upon the success of Ted Baker’s first European Flagship, Cushman & Wakefield is now instructed across several countries for their European roll out and additionally in Japan and China.

PRIMARK As one of the largest and most successful fast fashion retailers in the world, Primark is in high demand.

Cushman & Wakefield previously secured Primark’s first stores in several European countries including France and Spain. Recently, Cushman & Wakefield has provided complex and detailed market entry advice in order for Primark to ‘take on’ the challenging U.S. retail market.

Building on this successful partnership, Cushman & Wakefield Italy has been exclusively retained to provide market entry advice and has secured their first store in Milan with more to follow.

UNDER ARMOUR Having watched Under Armour’s impressive growth in the U.S. over recent years, we are pleased to be working with them on their exciting European roll out.

Cushman & Wakefield provided strategic market entry and acquisition advice for Under Armour's first European flagship store in Amsterdam, as well as advising them on several new European flagships and their expansion plans.

FIVE GUYS The Cushman & Wakefield Cross Border Retail Team provided Five Guys with strategic market entry and initial valuation advice, allowing them to make an informed decision in securing their Madrid flagship, against fierce competition.

The Cross Border Retail Team is also instructed by Five Guys in several European countries and is providing consultancy advice.

SUPERDRY Through collaborations with Timothy Everest and Idris Elba, Superdry has remained one of the most dynamic fashion retailers in the UK.

Cushman & Wakefield has provided market entry, strategic and valuation advice across Europe, including The Netherlands, Spain, Belgium and France.

Cushman & Wakefield continues to adapt to Superdry’s evolving requirements as the brand expands across Europe.

TK MAXX Offering affordable seasoned fashion and fantastic value, TK Maxx represents a U.S. company that has conquered the UK. TK Maxx has since turned its attention to Europe and building on the success of its Polish roll out, Cushman & Wakefield is now exclusively instructed to acquire stores throughout the Netherlands.

Cushman & Wakefield recently acquired stores in Rotterdam, Eindhoven and Groningen and has a healthy pipeline of new stores planned for TK Maxx.

COSTA COFFEECushman & Wakefield has provided market mapping and location strategy services in France, India and the Philippines, together with new market entry advice in a number of European and other countries.

Cushman & Wakefield is instructed to acquire stores in Spain.

LEGO Since 2008, Cushman & Wakefield has provided strategic location advice for the LEGO Brand Retail expansion. We have located and acquired stores in the US, UK, Germany, France and Belgium and are currently advising on market entry in to China.

LEGO now trades from 176 stores worldwide.

“The Cross Border Retail team has provided market entry and continued property advice in several European countries. JD Sports are happy to recommend their services in all the countries JD operate.” NIGEL KEEN, Group Property Director, JD Sports

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

“Cushman & Wakefield has been an invaluable partner in our EU expansion. The support has been comprehensive, in terms of contacts, research, comparisons and site feedback. Cushman & Wakefield has helped LEGO Company gain a competitive advantage in site selection”.

DENY ANDOLSCHEK, Senior Director Retail Expansion, LEGO


WE AREBELGIUM & LUXEMBOURG

“We have worked very closely together with the Cushman & Wakefield Retail team on the development of our prime piece of land on Avenue de la Toison d’Or, Brussels, advising us with design, concept and feasibility.

We have not been disappointed; with the excellent Cushman & Wakefield team, we have created a landmark building with world class tenants including Apple, M&S, Zara and Bodum. Clearly, we are very pleased with the partnership between our two companies.” PHILIP VAN PERLSTEIN, Managing Director ProWinko Belgium

BELGIUM & LUXEMBOURG

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

Thanks to our international network, industry expertise 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 stores per year, in both new and vacant buildings.

We have a 33% overall market share, a 53% share of retail park lettings, 50% of retail investment volumes and 35% of shopping centre lettings.

SERVICES INCLUDE:• Retail Agency – High Street, Shopping Centres

and Out of Town Retail: Tenant representation, disposals and acquisitions

• Retail Research and Consultancy



• Investment

• Valuation


29%MARKET SHARE IN 2015

INVOLVED IN MORE THAN

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



“When you plan a development in Belgium, you naturally think of Cushman & Wakefield. Whether it is for a new brand to be launched in a new international market or for recurring development, Cushman & Wakefield and its retail agency team brings you the right advice due to interpersonal skills on the territory. The company ETAM and Cushman & Wakefield have set a relationship of trust and professionalism for several years, our partnership is full of confidence and I recommend you to get in contact with them regarding your international strategy.”

CHRISTOPHE BERTEAU, Development Director, Etam Groupe

DOCKS BRUXSEL BRUXELLESDocks Bruxsel is a new and emerging neighbourhood situated alongside the canal in the north of Brussels. The area is undergoing extensive economic restructuring and regeneration to offer customers a unique, urban experience that brings together leisure, shops, food, culture and entertainment. Opened in October 2016, this new shopping centre is in excess of 49,000 sq. m and has been 90% pre-let by Cushman & Wakefield. We defined the commercial tenant mix, securing anchor tenants such as Zara, Mango, Massimo Dutti, Pull & Bear, Mediamarkt, H&M and Match, and upon this success attracted other high-scale brands, realising our objective of creating an Urban Chic destination within Brussels.

LE TOISON D’OR BRUXELLESCushman & Wakefield BeLux were instructed as sole agents to market the most prominent retail scheme in Brussels 2013-2015. We provided development advice on the 6,500 sq. m plot located in the centre of one of the best shopping streets in Belgium, resulting in the leasing of a 12,000 sq. m retail scheme in uptown Brussels. We successfully secured world-class tenants including the first (and only) Apple store in Belgium, the countries’ first Marks & Spencer, a new Zara flagship and Belgium’s first Bodum.

MEIR 67-69 ANTWERPENHaving decided to expand to the Belgian market, Uniqlo identified Antwerp, the fashion capital of Belgium, as a potential entry point. Having identified the appropriate store, Cushman & Wakefield worked jointly with Uniqlo’s expansion and legal managers to seal lease terms. As a result, Uniqlo now has a flagship store on Antwerp’s main shopping boulevard, the Meir.

BE-MINE RETAIL PARK BERINGENThe Cushman & Wakefield Out of Town Retail team was involved in the development, consultancy, letting and sale of this 15,000 sq. m retail park. The team worked with the developer to draft the scheme, creating a competitive commercial mix within a unique location, close to a former mining site. This involved handling negotiations with various retailers, signing leases with national & international retailers including Albert Heijn, LolaLiza, Brico, ZEB, Vandenborre, C&A, Veritas, Chaussea, Ava, Bent and H&M. Finally, we assisted the developer in negotiations to sell the retail park, handling the share deal transaction with an institutional investor.

BOULEVARD DE WATERLOO 57 BRUXELLESCushman & Wakefield was appointed to let one of the units in this three-unit property, for which we promptly secured luxury retailer Moncler. When a second unit became available, which had been occupied by the landlord as a watches and jewellery merchant, Cushman & Wakefield was appointed once more, and secured Chopard to build on the established luxury tone.We successfully advised the landlord on selling the asset to a private investor and, in turn, let the final unit in the trio to luxury homeware retailer Christian Liaigre.

RETAIL PARK FROYENNESThe Cushman & Wakefield Out of Town Retail team was involved in the development, consultancy and letting of this retail park developed by Equilis, one of Belgium’s leading developers. We assisted Equilis in drafting the scheme to create a competitive commercial mix on two levels, which also has parking on the 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.

WE AREBELGIUM & LUXEMBOURG

Jean Baheux International Partner - Head of Retail Agency Belgium & LuxembourgDirect: +32 2 546 08 61Mobile: +32 478 96 08 [email protected]

Boris van Haare Heijmeijer PartnerDirect: +32 2 546 08 53Mobile: +32 475 25 79 [email protected]

Jonathan Delguste Partner - High Street Brussels & WalloniaDirect: +32 2 510 08 30Mobile: +32 479 78 08 [email protected]

Guy Rietens Associate - High Street FlandersDirect: +32 2 510 08 24Mobile: +32 476 83 58 24 [email protected]

Philippe Kenens Associate - High Street FlandersDirect: +32 2 510 07 06Mobile: +32 479 48 57 [email protected]

Kurth Marissens Associate - Shopping CentresDirect: +32 2 510 08 21Mobile: +32 478 900 [email protected]

Kenneth Verloo Associate - Out of Town Retail Direct: +32 2 510 08 13 Mobile: +32 478 81 08 [email protected]

Virginie Chambon Associate - Head of Retail Agency LuxembourgDirect: +352 27 21 33 04Mobile: +352 661 799 [email protected]

Arnaud de Bergeyck Partner - Head of Capital Markets RetailDirect:+32 2 546 08 77Mobile: +32 475 42 32 [email protected]

Bart Joosten Partner - Capital Market RetailDirect: +32 2 510 08 04Mobile: +32 478 27 08 [email protected]

Stijn Thomas Associate - Capital Market RetailDirect: +32 2 510 07 09Mobile: +32 476 72 07 [email protected]

BELGIUM & LUXEMBOURGCONTACTS

GRAND RUE 53 LUXEMBOURGDutch cosmetics and wellness brand Rituals had been looking for a flagship store in Luxembourg city centre, having outlined challenging requirements such as an AAA location and prestigious frontage. Simultaneously, Longchamp were looking to relocate to a larger store.

Cushman & Wakefield was able to find a location fitting Longchamp’s requirements, opposite its previous location, and assisted Rituals in occupying the store vacated by Longchamp.

BETTEMBOURG RETAIL PARK LUXEMBOURGThe Cushman & Wakefield BeLux Out of Town Retail team is involved in the development, consultancy and letting of a 10,000 sq. m retail park in Bettembourg. We worked with the developer in drafting the scheme to create a competitive commercial mix on a location with a substantial catchment area. The retail project, which will include green roofs and high quality finishing, will be ready at the beginning of 2018. In addition, Cushman & Wakefield handled the negotiations with potential retailers.

IN 2015 THE RETAIL AGENCY TEAM WAS INVOLVED IN 222 LETTING TRANSACTIONS REPRESENTING

122,400 SQ. M GLA


WE ARECZECH REPUBLIC

CZECH REPUBLIC

THE PRAGUE RETAIL TEAM IS UNRIVALLED ON THE CZECH MARKET, PROVIDING COMPLEX SOLUTIONS 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 specialise in property advisory services to deliver strategic solutions for our clients development, leasing and property management needs.

SERVICES INCLUDE:• High Street & Tenant Representation

• Shopping Centre Leasing and Releasing

• Shopping Centre Asset Releasing


• Lease Advisory

• Retail Development Consultancy

• Retail Marketing B2B


“As a partner for the redevelopment of our shopping mall Galerie Butovice, we have chosen Cushman & Wakefield and now we consider it as a good choice. During the very first year we saw an important improvement of Galerie Butovice – from the tenants interest point of view, to the market attraction of the project. We have started the reconstruction, we deal with new anchor tenants which will move our shopping mall to a higher level. Our partners from Cushman & Wakefield's retail department in cooperation with asset management have proved that they are able both to define a new concept of the project and convince the market. We appreciate their persistence and positive result orientation. 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

(5 SHOPPING CENTRES)

INVOLVED IN

95%OF RETAIL INVESTMENT TRANSACTIONS IN 2015/2016


PRAGUE RETAIL TEAM INVOLVED IN 317 TRANSACTIONS REPRESENTING

120,239 SQ. M IN 2015

No.1 RETAIL TEAM IN CZECH REPUBLIC WITH 65% MARKET SHARE

14 - Cushman & Wakefield - EMEA Retail Book

WE ARECZECH REPUBLIC

CZECH REPUBLICCONTACTS

Jan KotrbáčekHead of Retail Services CEDirect: +420 234 603 510Mobile: +420 602 655 [email protected]

Jan VoslářHead of High Street & Tenant RepresentationDirect: +420 234 603 550Mobile: +420 724 484 [email protected]

Rostislav VeselýHead of Shopping Centre Leasing & ReleasingDirect: +420 234 603 525Mobile: +420 606 642 [email protected]

Jan ČížekHead of Retail Asset ReleasingDirect: +420 234 603 500Mobile:+420 725 196 [email protected]

Tomáš VavrečkaTenant RepresentationDirect: +420 234 603 565Mobile: +420 606 639 [email protected]

Zdeněk ZádrapaF&B Leisure SpecialistDirect: +420 234 603 560Mobile: +420 724 525 [email protected]

Markéta HrubáSC Leasing and ReleasingDirect: +420 234 603 585Mobile:+420 725 571 [email protected]

PUPA, PRAGUE Centrum Černý Most, Prague 4Unibail Rodamco Cushman & Wakefield advised PUPA on their expansion within the Czech Republic. Our Tenant representation team introduced the brand to Unibail Rodamco and was further involved in the expansion consultancy and decision making process on behalf of PUPA. In the summer of 2016, PUPA opened its first store in the Czech market at Centrum Čerrny, totalling 69 sq. m. They will also be opening Centrum Chodov, also owned by Unibail Rodamco. Cushman & Wakefield continue to provide PUPA with strategic consultancy advice on their future expansion.

FOOT LOCKER, PRAGUE Wenceslas Square 2, Prague 1MintCushman & Wakefield were appointed by Mint as the exclusive leasing agent for one of the most iconic corner buildings on Prague´s High Street. Our High Street Retail team were involved in B2B marketing, the introduction of the opportunity to Foot Locker and negotiation of terms and conditions. As a result, Foot Locker took 5 floors (3 floors dedicated to sales) within this iconic building with a total. area of 1,500 sq. m, located at the lower part of Wenceslas Square. The opening is planned for the Spring of 2017, and (at time of printing) it will be the largest flagship store to open in Central Europe. The property is situated at the busiest intersection of Wenceslas Square and Na Prikope Street, with an annual footfall of 36 million visitors.

FOOT LOCKER, PRAGUE 5 Zlatý Anděl, Prague5CBRE GICushman & Wakefield were instructed by the landlord CBRE GI, as sole agent on the property Zlaty Andel, located on the second most prominent high street in Prague. The Zlaty Andel scheme includes offices totalling 13,200 sq. m, with retail totalling GLA of 6,500 sq. m.

Cushman & Wakefield’s High Street team secured Foot Locker for an area 350 sq. m, occupying two floors of the high street corner unit opposite Prague’s third most dominant shopping centre scheme - Novy Smichov. The location of Andel is known as a busy transportation hub with a daily footfall of approximately 70,000 people.

COS, PRAGUE Pařížská 23, Prague 1PSNCushman & Wakefield’s High Street Retail team were appointed as the exclusive leasing agent for the re-development and leasing of the property Pařížská 23, one the best known luxury shopping streets in Central Europe. Our High Street Retail Team secured COS, the premium brand from the H&M Group, with a total area of 600 sq. m. COS opened its first store in the Czech Republic in spring 2016, offering two floors of modern, well positioned retail space. Other brands secured by Cushman & Wakefield on Parizska Street are Gucci, Jimmy Choo, Tiffany & Co. and Brioni.

NESPRESSO AND SWAROVSKI, BRNO Nám.Svobody 13, BrnoMagnum Real EstateOn behalf of Magnum Real Estate, Cushman & Wakefield have been involved in the re-development and letting of the Nespresso and Swarovski Flagship stores on one of Brno’s main high streets - Nám.Svobody 13. In December 2015 Nespresso opened its first flagship store in Brno (second store in the Czech Republic) with an area totalling 206 sq. m. In addition, our Cushman & Wakefield High Street team secured Swarovski next door to Nespresso in the same period.

FLYING TIGER COPENHAGEN, PRAGUE Jungmann Square 1, Prague 1Generali Real EstateCushman & Wakefield were appointed by Generali Real Estate as the exclusive leasing agent for the re-development and leasing of the property – Jungmann Square 1. The property is an architecturally interesting building, representing the gateway to Prague's high street. Cushman & Wakefield's High Street team introduced several potential retailers to the landlord and, as a result, Generali Real Estate signed Tiger (Flying Tiger Copenhagen) for 774 sq. m. Tiger will open another store in an AAA location in Prague´s high street, expected for summer 2017.

KIKA, PRAGUE Galerie Butovice, Prague 5 (extension) ValadOur Shopping Centre Asset Releasing team were involved in strategic discussions with the landlord for Galerie Butovice, discussing the vision for the project and potential plans for the expansion for Kika. We agreed terms with the landlord, signing within six months. Further involvement included discussions regarding negotiation of terms and construction permits. The 15,000 sq. m. Kika store is planned to open in 2018.

GALERIE BUTOVICE, PRAGUE Galerie Butovice, Prague 5ValadIn 2015 the Cushman & Wakefield Retail team were appointed by the landlord as the exclusive leasing agent for Galerie Butovice (38,000 sq. m) in Prague 5. Our Shopping Centre Asset Releasing team has been involved in the strategic discussion on the future vision of the project, including the improvements to the extension and refurbishment. Supported by marketing materials and a conceptual study, our team recommended the landlord bring Kika (15,000 sq. m) to the project along with other brands including Lindex and New Yorker. Cushman & Wakefield cooperated on the reconstruction and the refurbishment of Galerie Butovice and importantly are optimizing the tenant mix for 2018.

“In the last 5 years, the partnership with Cushman & Wakefield brought us important increases both in turnover and footfall.Thanks to their professional property management and proactive re-leasing, Olympia Pilsen ensured its position in the market.The significant improvement in performance has thus enticed many new brands to open their stores here. Olympia has become the leader in the Pilsner region and continues to get stronger and stronger.”DANIELA ŠPŮRKOVÁ, Head of Asset Management, CBRE Global Investors

IGY II, CESKE BUDEJOVICE IGY II, České BudějoviceCPI PGCushman & Wakefield manages and exclusively releases the majority of CPI PG portfolio (9 projects in total) including IGY Česke Budejovice (20,000 sq. m). Our Shopping Centre Asset Releasing team is further involved in the development consultancy of IGY, including the extension of the project to IGY II (8,000 sq. m), leasing, cooperation on reconstruction including a new multiplex cinema, food court and a tenant mix including brands Douglas and Camp David. Opening is planned for autumn 2017.

Barbora CassandrováSC Asset ReleasingDirect: +420 234 603 515Mobile: +420 724 329 [email protected]

Markéta JežkováSC Leasing and ReleasingDirect: +420 234 603 530Mobile: +420 736 488 [email protected]

Peter HakunSC Asset ReleasingDirect: +420 234 603 575Mobile: +420 775 422 [email protected]

Martin MačekSC Leasing and ReleasingDirect: +420 234 603 540Mobile: +420 777 488 [email protected]

Martina ČtvrtníkováSC Asset ReleasingDirect: +420 234 603 505Mobile: +420 774 355 [email protected]

Pavel SvobodaHigh StreetDirect: +420 234 603 520Mobile: +420 732 909 [email protected]

Andrea LundákováHigh StreetDirect: +420 234 603 555Mobile: +420 727 855 [email protected]

Cushman & Wakefield - EMEA Retail Book - 15


WE AREFRANCE

“ We have instructed Cushman & Wakefield’s office and retail teams with the mandate for Grand Hôtel-Dieu, their knowledge of the global property market being a determining factor for the commercial success of a project of this scope. Thanks to their international reach, their knowledge of retailers and their local presence for marketing, we are confident that Cushman & Wakefield will meet the challenge that we have entrusted them with.”ANNE GENOT, President SCAPRIM ASSET MANAGEMENT

FRANCE

OUR FRANCE RETAIL TEAM OFFERS A COMPREHENSIVE RANGE OF SERVICES BY PROVIDING AN UNPARALLELED 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 fit-out projects. Our extensive knowledge of the retail market enables us to advise tenants, landlords and investors on their development strategy. We advise and represent national and international 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 luxury retail market.

SERVICES INCLUDE:• Retail Research & Consultancy

• Valuation & Advisory

• Retail Agency – Disposals & Acquisitions & Lease Administration

• Advice & Development, Tenant Representation

• Property Management




50DEDICATED RETAIL SPECIALISTS CUSHMAN & WAKEFIELD FRANCE

MORE THAN

150DEALS DONE IN 2015



WE AREFRANCE

TABLE SQUARE, LA DEFENSE, PARIS Cushman & Wakefield has been instructed, in co-exclusivity, by developer Banimmo for the leasing of the "Table Square" project. More than 2,500 sq. m. will be dedicated to gastronomy and modern dining in this ambitious project distributed over 3 buildings. La Défense is one of the largest business districts in Europe and also includes "Les 4 Temps", the most highly frequented shopping centre with 45 million visitors annually.

PRADO, MARSEILLE On behalf of Montecristo Capital and Klepierre, Cushman & Wakefield has been instructed as exclusive letting agent for the 23,000 sq. m. shopping centre in Marseille. Our French Retail team has secured iconic department store Galeries Lafayette at Prado, marking the first deal of this exceptional site. Prado is a new concept of shopping centre, which will offer consumers an unprecedented premium shopping experience in France’s second city.

FRUNSHOPPING NANCY SUD, ST-NICOLAS-DE-PORT On behalf of De Vlier, Cushman & Wakefield has been instructed as sole agent for the letting of the Frunshopping Nancy Sud retail park scheme totalling 20,000 sq. m of retail area, located to the south of the city of Nancy. This site will include also a supermarket of 5,000 sq. m. and several restaurants.

BUILDING FRANCOIS 1ER, PARIS Cushman & Wakefield acts an Iconic Haussmannian mixed use building (Office / Retail) of approximately 7,110 sq. m. of total usable area located at the heart of the Golden triangle in the centre of Paris CBD: hot spot of business, tourism and Parisian luxury.

GRAND HÓTEL DIEU, LYON Cushman & Wakefield has been mandated in co-exclusivity by Scaprim Asset Management for the letting of the Grand Hôtel Dieu project in the heart of Lyon. This historical site, property of Crédit Agricole, is a landmark building of the Presqu'île of Lyon and a reference for all inhabitants. The scheme will develop 52,000 sq. m. including museums, offices, a convention centre, an Intercontinental hotel and 17,000 sq. m. of retail and restaurants, not to mention 8,000 sq. m. of courtyards and gardens. Forecasted opening date: late 2017.

TH REAL ESTATE, CENTRE SUD, LE MANS The Cushman & Wakefield Paris Retail Consultancy team has accompanied TH Real Estate in defining the retail strategy and renovation project of the Centre Sud shopping centre in Le Mans. By working with the architecture and design agency mandated by TH Real Estate, this mission has identified the main priorities of restructuring retail offers and modernising the 37,000 sq. m. shopping centre.

NEW LOOK Since 2012, Cushman & Wakefield France has been New Look’s exclusive real estate agent, dealing with all property matters on behalf of the leading UK brand. Our team has concluded over 22 transactions, from new acquisitions and store relocations to lease renewals and regears as well as project management services. This fruitful collaboration highlights the leading International Tenant Representation capability of Cushman & Wakefield, with currently over 12 exclusive retailers’ instructions covering the whole of France and all property types (high street, shopping centres and retail parks).

ALBERTA FERRETTI, FBG ST-HONORE, PARIS Cushman & Wakefield has advised the Aeffe group for the relocation of their Alberta Ferretti store of 140 sq. m. and the opening of their new Parisian showroom of more of 600 sq. m. in the same building, located at 43 rue du Faubourg Saint-Honoré, one of the most famous luxury shopping streets in Paris.

UNIBAIL-RODAMCO Cushman & Wakefield is valuing 50% of Unibail-Rodamco assets, the leading commercial real estate REIT in Europe specialized in shopping centres.


FRANCE CONTACTS

95,000 SQ. M LEASED IN

2015

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

Nathalie Razafine Partner - Head of National High Streets Retail FranceDirect: +33 (0)1 53 76 80 42Mobile: +33 (0)6 35 35 19 54 [email protected]

Simon Maurel Partner - Head of International Tenant Representation FranceDirect: +33 (0)1 53 76 84 65Mobile: +33 (0)7 78 82 53 [email protected]

Vincent Ascher Partner - Luxury Retail Agency FranceDirect: +33 (0) 1 53 76 92 95Mobile: +33 (0) 6 77 95 69 [email protected]

Hélène Halmagrand Associate - Head of Shopping Centres and Retail Parks FranceDirect: +33 (0)1 53 76 80 25Mobile: +33 (0)6 86 18 20 [email protected]

Thomas Hebert Associate - Global Consulting Retail FranceDirect: +33 (0)1 53 76 91 93Mobile: +33 (0)6 85 04 80 [email protected]

Nils Vinck International Partner Head of Capital Markets FranceDirect: +33 (0)1 86 46 10 19Mobile: +33 (0)6 63 13 27 [email protected]

Paul Cornaille Partner - Head of Asset Services FranceDirect: +33 (0)1 41 02 72 22Mobile: +33 (0) 6 19 84 39 08 [email protected]

Jean-Philippe Carmarans International Partner - Head of Valuation & Advisory FranceDirect: +33 (0)1 41 02 71 11Mobile: +33 (0)6 22 50 67 [email protected]

Hélène Fiani Partner - Head of Project Management & Consultancy FranceDirect: +33 (0)1 86 46 10 86Mobile: +33 (0)6 45 49 31 [email protected]

NIKE Cushman & Wakefield was retained by NIKE for Project Management services for the new In-line and NFS Stores in France and Belgium. In particular, our Retail department assisted Nike during all project phases of its new flagship “In-line” store in Paris (1,282 sq. m.) until the store opening. The scope of work included: technical assistance on lease negotiation, assistance on Landlord works’ hand-over, project management during pre-construction and construction phases, work’s hand-over, commissioning and works completion, assistance on store opening.


WE AREHUNGARY

HUNGARY

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

SERVICES INCLUDE:• Retail Agency – Tenant

Representation, Disposals and Acquisitions


• Development Consultancy




Since the evolution of the modern retail market in Hungary, we have assisted many international retailers to enter the market, including Louis Vuitton, Burberry, Douglas, Promod, Michael Kors, Claire’s and PUPA. We provide our clients with the highest level of service providing expertise and local market knowledge to all our clients' retail requirements.

RESPONSIBLE FOR OVER

350,000 SQ. MOF 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



§

H&M, VÁCI 1, BUDAPEST Cushman & Wakefield is the exclusive letting agent of Vaci 1, successfully securing a 5,800 sq. m flagship store and a 1,400 sq. m office area in thebuilding as the new H&M HQ and the largest flagship store in the CEE region. The landmark building is located at the heart of Budapest's main shopping area at the corner of Vaci Street and Vorosmarty Square. (7,200 GLA)

COS, ANDRÁSSY ÚT 33, BUDAPESTCushman & Wakefield is the exclusive letting agent of the Landlord, leasing this prestigious retail store to COS, making this their first store inHungary. This high street landmark location is located on Andrassy avenue and is part of the National Heritage Site. (850 GLA)

MARKET CENTRAL FERIHEGY, VECSÉSMarket Central Ferihegy is the first and only retail park in Hungary, offering a complete retail park tenant mix including H&M, C&A, CCC, Deichmann, Charles Vogele, Intersport, Muller Drogerie, Jysk, a food court area and drive-thru Burger King. Anchor tenants include Tesco hypermarket and Praktiker D.I.Y. Cushman & Wakefield has been the exclusive leasing agent on the project since 2006. (44,000 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 on acquisition/leasing of properties around the country. Claire’s currently operates 16 stores in Hungary, all of them secured by Cushman & Wakefield.

NESPRESSO, NATIONAL Nespresso has been present in the Hungarian market since 2006 with a flagship boutique on Andrássy út. They also have boutiques in Allee and Aréna Plaza shopping centres. Cushman & Wakefield advised the retailer during both new openings In Allee and Aréna Plaza shopping centres, as well as supporting the decision of the company with 2 consultancy reports.

MOM PARK, BUDAPESTMOM Park is a high-end shopping centre spread over 31,000 sq. m of retail space, with 102 retail units and 1,232 parking places. Cushman & Wakefield has been the exclusive leasing agent on the project since 2006. In the past few years Cushman & Wakefield has assisted retailers such as Michael Kors, Furla, Camp David, Coccinelle, Salamander, Guess Accessories, Marc Cain, H&M, Helly Hansen and Reserved in opening stores in MOM Park. (30,000 GLA)

THE RITZ-CARLTON HOTEL, BUDAPEST The owners of the hotel joinedthe Ritz-Carlton Hotel chain inQ3 2015. This five-star luxury hotel is situated in downtownBudapest in a 20th centuryheritage building. Cushman & Wakefield advised the landlord on leasing conditions and potential retailers who offer unique products and services as recommended future partners of the luxury hotel operator. Retailers already secured for the building include Twin-Set (first Hungarian store), Bobbi Brown, Plantomime and Le Perfume. (300 GLA)

WE AREHUNGARY

FASHION STREET, BUDAPESTA unique mixed-use project, including a class-A office building anda shopping street extending along Deak Ferenc Street betweenDeak Square and Becsi Street, includes 23 retail premisesextending to 9,000 sq. m.

Cushman & Wakefield has been the exclusive letting agent onthe project since 2002. During the past few years we have leasedretail units to international fashion tenants including Hugo Boss,Massimo Dutti, Zara Home, Furla, Lloyd Shoes, Tommy Hilfiger,Starbucks, Oysho, Intimissimi and NIKE. (9,000 GLA)

ARÉNA PLAZA, BUDAPEST Lanebridge appointed Cushman & Wakefield with theexclusive leasing and property management of its 66,000 sq. mGLA shopping centre development, Arena Plaza, in 2010. Sincethen, Cushman & Wakefield have attracted new retailersto the centre, including Media Markt, Sports Direct, Deichmann,Claire’s, Women Secret, Parfois, The Body Shop, Samsonite, BobbiBrown, Pandora, Starbucks, Michael Kors, Massimo Dutti, ZaraHome, Nespresso and O’bag, resulting in 100% occupancy andthe best tenant mix in the market. Lease extensions were alsocompleted with both H&M and Zara, together with all relevantrelocations within the building. (65,000 GLA)

Viktória SzabóPartner - Head of RetailDirect: +36 (1) 484 1318Mobile: +36 (30) 244 8237 [email protected]

Erzsébet BárdosiJunior Estate SupervisorMobile: +36 (30) 433 [email protected]

Lyliet MeléndezAssociate - NegotiatorDirect: +36 (1) 484 1356Mobile: +36 (30) 6893480 [email protected]

Melinda Szilágyi, dr.Senior NegotiatorDirect: +36 (1) 484 1335Mobile: +36 (70) 330 4123 [email protected]

Katalin SchreffelLeasing NegotiatorDirect: +36 (1) 880 7023Mobile: +36 (30) 966 [email protected]

HUNGARYRETAIL CONTACTS

VODAFONE, NATIONAL Vodafone Hungary appointedCushman & Wakefield as theirexclusive leasing agent,renegotiating existing leases for 23 locations. In addition, during 2016, Cushman & Wakefieldnegotiated Vodafone’s newflagship store in the downtownarea of Budapest.



ITALY

CUSHMAN & WAKEFIELD IS THE LEADING RETAIL PROVIDER IN ITALY, OFFERING COMPREHENSIVE 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 and agency advice to national and international brands to identify the best real estate opportunities in the main Italian cities.

Our Shopping Centres team has proven experience in leasing large schemes with high-level contacts of leading retail brands. They have in-depth knowledge of the competition and have the ability to classify the centre standing in terms of tenant mix, rental and service charges level. Our international contacts are the main driver for a successful tenant mix.

SERVICES INCLUDE:• Retail Agency – High Street, Luxury, Shopping

Centres, Tenant Representation, Disposals and Acquisitions


• Strategic and Market Entry Advice


• Valuation


• Global Occupier Services


• Dedicated Food & Beverage service line

WE AREITALY

“ The choice of Cushman & Wakefield as consultant has perfectly answered our group's needs for international, multidisciplinary and territorial presence. The excellent contribution of the leasing team proved to be essential in obtaining the final result, not only for their efficiency and their ability to get in line with the needs of IKEA Centres, both operatively and strategically, but also and especially for the perseverance demonstrated and their will to innovate and constantly improve the work done.” FABIO TEDESCHI, Head of Leasing Italy & Switzerland IKEA Centres

OVER

170RETAIL LEASE TRANSACTIONS FOR HIGH STREET AND SHOPPING CENTRES



ITALYCONTACTS

Thomas CasoloInternational Partner Head of Retail - ItalyDirect: +39 02 63799 218Mobile: +39 335 6512 [email protected]

Carmen ChieregatoManaging Director - Cogest RetailDirect: +39 02 91278302Mobile: +39 335 [email protected]

Matteo AlessandrinoPartner - Retail High StreetDirect: +39 02 63799 259Mobile: +39 335 8442 [email protected]

Roberto MarchettiDirector of Business Development Cogest RetailDirect: +39 02 91278202Mobile: +39 335 [email protected]

Giampiero Milanaccio Associate - Retail High StreetDirect: +39 02 63799 320Mobile: +39 335 7623 [email protected]

Gian Luca Paganini Associate - Tenant Rep. Retail High StreetDirect: +39 02 63799 324Mobile: +39 329 9578 [email protected]

Michela FarinaNegotiator - Retail High StreetDirect: +39 02 63799 205Mobile: +39 349 0512 [email protected]

Andrea MalamanNegotiator - Retail High StreetDirect: +39 02 63799 220Mobile: +39 346 0081 [email protected]

Andrea ScottiNegotiator - Retail High StreetDirect: +39 02 63799 209Mobile: +39 346 2100 [email protected]

Paolo GalbuseraAssociate - Retail Shopping CentresDirect: +39 02 63799 206Mobile: +39 335 8442 [email protected]

Cristina MarchesiConsultant - Retail Shopping CentresDirect: +39 02 63799 293Mobile: +39 339 3229 [email protected]

Roxana VulpeNegotiator - Retail Shopping CentresDirect: +39 02 63799 249Mobile: +39 345 0803 [email protected]

Haili ZhouJunior Negotiator Retail Shopping CentresDirect: +39 02 [email protected]

WE AREITALY

27 - Cushman & Wakefield - EMEA Retail Book - 27

“IL CENTRO represents a unique project in the Italian context of shopping centres. It stands out thanks to its design inspired by local tradition while looking at the future of technology and environmental sustainability.

IL CENTRO offers an exclusive brand mix with international players choosing this location to open their first stores in Italy and retailers proposing innovative and original formats.

Cushman & Wakefield fully embraced our project bringing their international view and expertise. The dedicated team supported us in the leasing process with their local and global knowledge and professionalism.”

FRANCESCO IOPPI, Head of Real Estate, Finiper Group

IL CENTRO – FINIPER GROUP ARESE, MILANIL CENTRO was developed on the former historic headquarters of Alfa Romeo, the automobile manufacturer, and has a total surface area of 120,000 sq. m with a GLA of 93,000 sq. m (ground floor 55,000 sq. m, first floor 38,000 sq. m).

The shopping centre brings together more than 200 retail brands, including 20 restaurants and cafés with a provision of 6,000 parking spaces. Every brand with a shop at IL CENTRO, has introduced innovative retail concepts to offer customers a new exclusive experience. Cushman & Wakefield was involved in the leasing activity, bringing to the scheme prime national and international retailers, contributing to improve the quality of brand mix before the grand opening in April this year.

MICHAEL KORS VIA CONDOTTI, ROMECushman & Wakefield advised Michael Kors for the opening of their 200 sq. m. store in the luxury high street of via Condotti in Rome.

PHILLIP PLEIN CORSO VENEZIA, MILANCushman & Wakefield acted as exclusive advisor of the Landlord in order to identify a tenant for the 600 sq. m shop in corso Venezia in Milan and successfully leased the space to Phillip Plein.

JD SPORTS ELNÒS SHOPPING RONCADELLE, BRESCIA Cushman & Wakefield, as exclusive advisor of JD Sports for the retail development in Italy, acted on their behalf for the opening of their 450 sq. m. store within ELNÒS Shopping, Roncadelle (Brescia).

VAN CLEEF & ARPELS VIA MONTENAPOLEONE, MILANCushman & Wakefield acted on behalf of Richemont Group and advised Van Cleef & Arpels on the relocation of their store in the world famous luxury high street of via Montenapoleone, within the “Quadrilatero della Moda” fashion area. Size of the store: 440 sq. m.

PRIMARK IL CENTRO ARESE, MILANCushman & Wakefield acted as Primark's exclusive advisor for the retail development in Italy, acted on their behalf for the opening of their first Italian store within IL CENTRO shopping centre, Arese (Milan). The shop is on two floors with an overall area of 5,250 sq. m.

CHLOE' VIA DELLA SPIGA, MILANCushman & Wakefield acted on behalf of Richemont Group advising Chloé on the lease acquisition of the 220 sq. m. store in the famous luxury street of via della Spiga in Milan, within the “Quadrilatero della Moda” fashion area.

ELNÒS SHOPPING - IKEA CENTRES RONCADELLE, BRESCIAFollowing a winning bid, at the end of 2014, Cushman &Wakefield was appointed to lease the gallery of ELNÒSShopping, the largest shopping centre in the province ofBrescia and the second mall developed by IKEA Centres inItaly. The task was completed in the spring of 2016 with100% of stores let, delivering a top quality brand mix,including leading Italian, international and local retailers,for a total of 144 shops, on 2 commercial levels and 88,000sq. m of GLA. Besides the pre-existing anchor, an IKEAstore that is now connected to the gallery, the mallfeatures Primark (opening in December), all Inditex brands,H&M, Sportland, Terranova, Piazza Italia, Pellizzari, Scarpe& Scarpe, Toys con Te, Euronics, Maisons du Monde andthe grocery anchor Ipercoop.


WE ARETHE NETHERLANDS

THE NETHERLANDS

CUSHMAN & WAKEFIELD ARE THE LEADING DUTCH REAL ESTATE SERVICE PROVIDER, OFFERING COMPREHENSIVE 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


LEASED OVER A TOTAL OF

50,000SQ. M TRIPLE A RETAIL SPACE

WITH

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

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



V&DA truly creative and innovative approach to client management has seen Cushman & Wakefield singlehandedly transform the prospects of the struggling iconic and long-established Dutch retail department store - V&D. Faced with bankruptcy in early 2015, V&D was on the verge of closing all 63 of its high street stores. Considering the importance of V&D in the Dutch retail landscape, Cushman & Wakefield initiated meetings for all 22 landlords plus V&D´s US private equity owner Sun Capital, with the aim to jointly examine if an appropriate solution could be created. This resulted in the owners of V&D’s 63 high street stores agreeing to lower rents in the hope to generate savings totalling nearly €30 mln. Additionally, V&D's US private equity owner, Sun Capital, pledged to invest €60 mln in the chain, up from the €40 mln promised earlier.

Cushman & Wakefield’s role in the negotiation process has strengthened our position as Europe’s leading retail advisor. Unfortunately, V&D still went bankrupt on the 31st of December last year. The role we played placed us in the best position to advise the V&D landlords on new the new lease with department store retailer Hudson’s Bay Company, who will enter the Dutch market in 2017.

WE ARETHE NETHERLANDS

H&M, NATIONAL We advised Swedish retailer H&M on the acquisition of two new flagship stores in the Netherlands. Both flagship stores are located in nationally listed, corner buildings owned by Maison de Bonneterie and are both modern and luxurious. However, the historical details in both of the stores have remained intact. H&M The Hague is a 6 storey store at approx. 4,500 sq. m. H&M Amsterdam, located at Kalverstraat/Rokin, is a 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.

TK MAXX, NATIONALWe are exclusive advisors to TK Maxx and advised on their initial entry to the Dutch market. We advised on the acquisition of three stores in the Netherlands, which opened recently in Eindhoven (2,338 sq. m), Rotterdam (2,371 sq. m) and Groningen (3,526 sq. m). Two more stores will open this year and four are planned for 2017. All stores are located in prime locations in the shopping areas. In the coming years, TK Maxx is planning on opening around 25 more stores in the Netherlands.

SNIPES, NATIONAL Over the past 2 years, we have advised Snipes, the German sneaker and streetwear chain, on their entry to the Dutch market. We have acquired a total of 6 stores to date, equating to approximately 3,000 sq. m, which are all situated in prime locations throughout the Netherlands. (Amsterdam 765 sq. m – Eindhoven 210 sq. m – Haarlem 210 sq. m - Rotterdam 843 sq. m – Tilburg 550 sq. m – Utrecht 290 sq. m)

SHOPPING CENTRE HEUVEL, EINDHOVENCushman & Wakefield provides leasing management and valuations to CBRE Global Investors who are the owners of shopping centre Heuvel that has an area of approx. 23,000 sq. m. Recently, we have advised on a number of leases from new high quality, international brands including TK Maxx, H&M, Nespresso, Bijou Brigitte and Vapiano.

HUDSON´S BAY, NATIONALHudson´s Bay Company (HBC) has started their expansion strategy that includes opening up to 17 stores 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, Leiden and Zwolle. All stores are former V&D department stores, who became bankrupt in early 2016. Because of the role of facilitator to property owners, the board of V&D and the administrator of V&D, Cushman & Wakefield was in the best position to advise the landlords in reaching an agreement with HBC.

DFS, NATIONAL Cushman & Wakefield is exclusive advisor to furniture retailer DFS since they entered the Dutch retail market in 2014. We advised on the acquisition of their first store in Cruquius that totalled approx. 2,750 sq. m and their second store in Rotterdam of approx. 1,000 sq. m. In 2016, we advised on the lease of the third store in Villa Arena in Amsterdam and we will continue to be their exclusive advisor for their future expansion strategy in the Netherlands.

THE NETHERLANDS CONTACTS

Arjen Boesveldt Partner - Head of Retail AgencyDirect: +31 (0)20 800 20 35Mobile: +31 (0)6 109 30 [email protected]

Pepijn van den Bosch PartnerDirect: +31 (0)20 800 20 37Mobile: +31 (0)6 117 21 [email protected]

Gijs van Dedem PartnerDirect: +31 (0)20 800 20 36Mobile: +31 (0)6 107 86 [email protected]

Arthur Moerman AssociateDirect: +31 (0)20 800 20 27Mobile: +31 (0)6 139 67 [email protected]

Niels van der Ham AssociateDirect: +31 (0)20 800 20 28Mobile: +31 (0)6 275 36 [email protected]

Hugo Franck AssociateDirect: +31 (0)20 800 20 33Mobile: +31 (0)6 117 21 [email protected]

Jelle Brouwer Senior ConsultantDirect: +31 (0)20 800 20 25Mobile: +31 (0)6 117 21 [email protected]

Arjen Ennema ConsultantDirect: +31 (0)20 800 21 51Mobile: +31 (0)6 215 18 [email protected]

Rick Schoonderbeek ConsultantDirect: +31 (0)20 800 20 39Mobile: +31 (0)6 433 69 [email protected]

Rafaëla Wiertz ConsultantDirect: +31 (0)20 800 20 32Mobile: +31 (0)6 117 21 [email protected]

Alain Kaufman ConsultantDirect: +31 (0)20 800 20 26Mobile: +31 (0)6 254 77 [email protected]

SHOPPING CENTRE GELDERLANDPLEIN, AMSTERDAM Cushman & Wakefield advised landlord Kroonenberg Group in new lease contracts for shopping centre Gelderlandplein in Amsterdam. Examples of these new brands include: Villeroy & Boch, IKKS, Bever, Rivièra Maison, Rituals, Petit Bateau, Marqt, Mango and Nespresso. Most recently, the shopping centre won the Shopping Centre of the Year award.

SHOPPING CENTRE BEURSTRAVERSE, ROTTERDAMBeurstrave 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.


WE AREPOLAND

POLAND

OUR RETAIL TEAM PROVIDES SERVICES FOR RETAIL AND LEISURE OCCUPIERS, LANDLORDS AND INVESTORS, AND MARKET RETAIL PROPERTIES ON A LOCAL 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.

OVER

450DEALS DONE IN 2015

ACTIVITY ON ALMOST

40RETAIL PROJECTS INCLUDING SHOPPING CENTRES, HIGH STREET PROJECTS, RETAIL PARKS AND TENANT REPRESENTATION

WE HAVE A PORTFOLIO OF PROJECTS OF OVER

1 million SQ. M

“The services provided by Cushman & Wakefield have been exceptionally professional and efficient. Your staff have exhibited concern, great diligence and commitment. The company’s broad service offer, combined with a thorough understanding of the commercial property market, have resulted in delivering results that we have found very beneficial. We have found the cooperation with your company very successful, meeting our expectations and helping drive our business. We have no hesitation in recommending Cushman & Wakefield to any company seeking high quality service.”Martin Machac, Director Real Estate, Foot Locker Europe

DEVELOPMENT CONSULTANCY:• Market analysis

• Demand study

• Concept design

• Financial analysis

• Tenant mix


TENANT REPRESENTATION:• Assessment of

client needs & requirements

• Market analysis & location strategy

• Site search, negotiation & closure

• Restructuring of portfolio

LANDLORD REPRESENTATION:• Shopping centre,

retail park and factory outlet centre leasing

• High street retail leasing

• Marketing

• Property and asset management

• Occupier fit-out


34 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book - 3534 - Cushman & Wakefield - EMEA Retail Book Cushman & Wakefield - EMEA Retail Book - 35

GALERIA METROPOLIA Cushman & Wakefield has been appointed to lease the multifunctional Galeria Metropolia in Gdańsk Wrzeszcz, one of the best communicated shopping centres in Pomerania, which opened in October 2016.

The Gallery will have 34,000 sq. m, with a 2,000 sq. m delicatessen, multiple fashion brands (some new on the Polish market, including in Tricity), a food court, restaurants, as well as furniture and home deco operators.

Galeria Metropolia’s compelling proposition will be its recreation and entertainment zone, which includes a 7 screen Helios cinema (over 1,100 seats), a fitness studio, a 1,000 sq. m playground for children and a dance studio. The development also includes 1,000 apartments, a 135 room hotel, and a separate parking building supported by a new road infrastructure being delivered.

ZŁOTE TARASY Złote Tarasy is one of the most spectacular and unique world class city centre retail projects in Europe. The multi-award winning centre is one of the three largest shopping centres to dominate the retail landscape in Warsaw and the only one of these centres open to third party management. From conception, Cushman & Wakefield were appointed property management consultant, fit out coordinator and pre-let 100% upon completion of the building. Our current services includes full property management, strategic leasing & marketing, financial reporting, corporate accounting and sustainability advice.

WE AREPOLAND

GALERIA PÓŁNOCNA Cushman & Wakefield has been appointed by GTC S.A. as co-exclusive leasing agent for the Galeria Północna shopping centre. The scheme is located in the north of Warsaw, in the Białołeka district, a fast developing area, with the city’s largest population growth. The 64,000 sq. m facility will be home to 220 stores, with a broad entertainment offer including a cinema, kids play area, restaurants and cafes. It is scheduled for delivery in Q3 2017. Galeria Północna will be the first shopping centre in Warsaw with a rooftop park, featuring a playground during summer and a skating rink in winter.

PLEJADA SOSNOWIEC Opened in November 2001, then extended in 2007, Plejada Sosnowiec provided 22,000 sq. m of GLA, with Carrefour occupying additional 11,800 sq. m. Plejada, anchored by a large dominant hypermarket with retail offer acting only as an ancillary function, started losing its customers. Additionally the mall was not benefitting from additional income in common areas as kiosks and stands were located randomly around the centre.

Cushman & Wakefield's team took over the management of Plejada Sosnowiec in October 2010. In co-operation with the landlord we re-evaluated the approach towards cash collection, tenant mix, design, refurbishment of common areas and foodcourt. Retail department secured strong and international brands, replacing the underperforming existing retailers. Project Management/Design was responsible for coordinating the redevelopment, designing the common areas and supervising the construction works, including obtaining all the permits for construction and operations.

TK MAXX TK Maxx is a top brands-for-less retailer, selling fashion, footwear and accessories. In Poland it is represented by TJX Poland, part of TJX Companies Inc. TK Maxx has several thousand stores worldwide, including more than 3,000 stores in the US and Canada.

Cushman & Wakefield have represented TK Maxx since their debut in the Polish market. TK Maxx continues to expand in Poland and secure premises in major retail schemes under construction, also targeting prime space within existing schemes. Our role is to identify retail space within shopping centres, negotiate lease terms and contracts. TK Maxx entered Poland in 2009 with our team adding to their expansion. TK Maxx now have 25 stores across the country; 19 are located within cities having opening within the past 6 years, including their flagship store in Marszałkowska Street in Warsaw.

FORUM GDAŃSKCushman & Wakefield has been appointed by Multi Poland as co-exclusive leasing agent for an urban shopping and leisure centre, Forum Gdansk. This shopping centre is located in the centre of Gdansk, next to the largest regional public transport hub, integrating bus, tram and urban rapid services (SKM). Scheduled for delivery in Q1 2018, the scheme will provide 62,000 sq. m, accommodating 220 stores and a broad leisure and gastronomy offer. It will also integrate stand-alone H&M and TK Maxx flagship stores, the Gdansk Historical Heritage Centre, a tourist information office and a piazza with a food and beverage offer. The mall’s unique architecture incorporates the Radunia river canal, providing a natural water feature enclosed under a glass canopy.

FOREVER 21 Cushman & Wakefield, has signed an agreement with Teren Management Europe (exclusive partner for several of countries in Europe) to represent the globally recognised US brand, “Forever 21” in Poland.

Forever 21, one of the world’s leading fashion retailers, offering women’s, men’s and kids clothing and accessories and is known for offering the latest fashion trends at great value. Today, there are 750 stores in 48 countries globally and it is the 5th largest fashion retailer in the United States.

The partnership with Cushman & Wakefield in Poland provides for market advisory services and monitoring for ideal locations for Forever 21 new stores. The first two stores opened in 2016 (Manufaktura in Lodz and Posnania in Poznan). Three locations will be opened in Warsaw in 2017, with other locations under negotiation.

GALERIA KATOWICKA Cushman & Wakefield is the exclusive letting agent of Galeria Katowicka and retail space at the railway station. The investor of Galeria Katowicka is NEINVER Polska and PKP S.A. as well as UK-Meyer Bergman. The investment’s value is estimated at EUR 240 million. Galeria Katowicka is a retail and services scheme located in the core centre of Katowice, at Szewczyka Square. It forms part of a larger development, comprising a railway station and an office building. The leaseable area of the shopping centre totals 53,000 sq. m, divided into more than 220 units.

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

Anna ObercAssociate DirectorDirect: +48 22 820 20 87Mobile: +48 608 550 [email protected]

Marta SłyszSenior NegotiatorDirect: +48 22 820 20 94Mobile: +48 668 268 583marta.sł[email protected]

Edyta PaszkowskaAssociate DirectorDirect: +48 22 820 20 91Mobile: +48 668 224 [email protected]

Daria KotarskaAssociateDirect: +48 22 820 20 10Mobile: +48 603 692 [email protected]

Magdalena GniazdowskaAssociateDirect: +48 22 820 20 83Mobile: +48 605 324 [email protected]

Lucyna ŚliżAssociate Director - Head of Tenant RepresentationDirect: +48 22 820 20 86Mobile: + 48 600 870 [email protected]

Anna HofmanAssociateDirect: +48 22 820 21 54Mobile: +48 601 334 [email protected]

Jakub SadowskiConsultantDirect: +48 22 820 20 92Mobile: +48 668 223 [email protected]

Natalia AdamekJunior NegotiatorDirect: +48 22 820 21 79Mobile: +48 722 202 [email protected]

POLANDCONTACTS


PORTUGAL

WE ARE A SPECIALIST TEAM SET BY MULTIDISCIPLINARY CONSULTANTS THAT DEAL WITH A RANGE OF INSTRUCTIONS AND 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 other retail format, we constantly look for market changes and trends, providing our clients with the competitive advantage of being one step ahead so they can plan their investments or strategies more wisely.

Established in Lisbon in 1991, we are at the forefront of retail consultancy in Portugal, working alongside main retailers, developers and investors.

SERVICES INCLUDE:• Retail Agency – High Streets,

Shopping Centres, Retail Parks, OOTR

• Tenant Representation

• Landlord Representation

• Strategic & Market Entry advice


• Consultancy

• Lease Renegotiations


WE AREPORTUGAL

OVER

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

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

“AM48 have developed Opera Lx, a prime asset in the luxury district of Lisbon, with a strong retail component. Cushman & Wakefield’s Retail and Investment teams were involved since the beginning and have successfully leased and subsequently sold the retail units to an international investor.

The entire team surpassed our expectations, defining a winning strategy and positioning on par with our best expectations and we will certainly rely on their expertise in future projects.”Alejandro Martins, AM48



WE AREPORTUGAL

LIBERDADE 203 BUILDING, LISBON Cushman & Wakefield were instructed to lease the retail component of a luxury residential project.

Liberdade 203 is more than a project in Avenida da Liberdade. It is the refurbishment of an entire block with more than 3,000 sq. m dedicated to retail with luxury apartments above, giving it the critical mass to become a reference in the luxury retail scenario.

PRIMARK, NATIONAL Cushman & Wakefield advised Primark on its market entrance in Portugal in 2009. Primark is a worldwide leader in fast fashion retail and has been extremely well received in Portugal. Working together with Cushman & Wakefield, Primark has successfully opened 10 stores in strategic locations, covering a wide geography in the country.

RUA AUGUSTA 249, LISBON Acquired by Prowinko, the building stands right in the heart of downtown Lisbon, in a unique corner location. As the rehabilitation process starts, the client instructed Cushman & Wakefield to lease the 240 sq. m retail unit, which will appeal to wide range of national and international brands that want to be present in the tourist area of the city.

VODAFONE, NATIONALAs part of a global instruction, Cushman & Wakefield was instructed to manage the renegotiations of the 80 plus store portfolio of the brand, starting in late 2014. The process is still in place, with results demonstrating considerable savings, apart from advisory on units resizing, relocation and/or layout improvements. Throughout this process, Vodafone implemented a new retail store format, for which Cushman & Wakefield has already negotiated 25 new acquisitions or relocations.

MADISON – SHOPPING CENTRE PORTFOLIOMadison appointed Cushman & Wakefield’s CMG and Retail teams for the advisory on the purchase of 25% of the Sierra Portugal Fund, composed of 9 shopping centres, such as Arrábida Shopping, GaiaShopping, LeiriaShopping and Rio Sul Shopping. After a 2 month Due Diligence process, the acquisition was successfully completed.

PINKO, AV. LIBERDADE 36, LISBON Cushman & Wakefield was instructed by Prowinko to lease a former Aeroflot agency located in Avenida da Liberdade, in a premium location. After a selective market approach, the fashion retailer Pinko was the chosen brand to occupy this 260 sq. m unit that opened doors in the same night as the Vogue Fashion Night Out event, in September 2016.

KIKO MILANO, RUA AUGUSTA 250, LISBON Located in a prime downtown high street location, this 19th century building was acquired by Prowinko in 2010, leased to a local retailer. With the termination of the lease in place, Cushman & Wakefield strategically approached a list of retailers and negotiated a new lease with KIKO Milano for their flagship store in Lisbon, the first one in a high street location in Portugal.

SHOPPING CIDADE DO PORTOCushman & Wakefield is currently appointed by Teixeira Duarte, a local developer, for the sale process of Shopping Cidade do Porto. Opened in 1996, this shopping centre is comprised of 86 retail units, totaling more than 15,000 sq. m on 4 floors. This asset has a strong potential upside, taking advantage of the retail brands’ expansion upsurge that is currently being witnessed in the market.

MI XIAOMI, NATIONALIn January 2016, Mi Xiaomi selected Cushman & Wakefield to represent the brand in its expansion throughout the country. Since then, Cushman & Wakefield successfully developed negotiations in shopping centres such as Estação Viana, GaiaShopping, Almada Forum and Forum Montijo, amongst many others, estimating a store portfolio of 16 units by the end of this year. Mi Xiaomi is a premium reseller for Xiaomi, specializing in gadgets, telecommunications and accessories.

ODEON BUILDING, LISBON This 1920s building, designed originally for a state of the art movie theatre, was closed in the early 90s and was recently acquired by a private investor. The current owners designed a magnificent rehabilitation project that will keep its Art Deco heritage and preserve the unique details and façades. The Odeon building will be converted into 13 exquisite apartments and a retail unit for which Cushman & Wakefield has a leasing mandate in place.

DECATHLON, ALTO DO PARQUE, LISBONAlto do Parque is a mixed use building located next to Lisbon’s El Corte Inglés department store. It is comprised of a residential area, an office floor, 3 retail units and car parking. The retail team was appointed by the landlord for the leasing and secured the tenancy with Decathlon to occupy 1,900 sq. m, to open their first urban concept store in Portugal.

KIWOKO, ALBUFEIRA RETAIL PARK, ALGARVEActing on behalf of Internos Global Investors, Cushman & Wakefield successfully negotiated an 800 sq. m unit for Kiwoko in Albufeira Retail Park, on their first location in Portugal. With this opening, the retail park is now fully occupied with a varied selection of retailers. Kiwoko is a specialized pet shop with a strong presence in the Spanish market and an active expansion plan for Portugal.

BENFICA OFFICIAL STORE, RUA AUGUSTA 147, LISBONOwned by D&R, this amazing corner building is located in the main street in downtown Lisbon. Cushman & Wakefield’s Retail team were appointed to lease the retail unit and simultaneously the Project Management team initiated the rehabilitation works. A promissory lease agreement was achieved at a very early stage of the process and after a 2 year construction period, the Benfica Official Store opened its doors in August 2016.

FOCUS LX BUILDING, LISBONFocus LX is a residential project in Lisbon that is currently under construction and will include a ground floor gallery with 5 retail units facing Av. António Augusto de Aguiar, in front of the El Corte Inglés department store. Cushman & Wakefield was instructed by the developer, AM48, to lease the units and then sell as an investment product. With conclusion estimated for Q1 2017, the retail spaces are almost fully let and will certainly appeal to core investors.

PORTUGALCONTACTS

Sandra CamposPartner – Head of RetailDirect: +351 213 224 757Mobile: +351 914 518 [email protected]

Sandra BeloAssociate – Retail ConsultantDirect: +351 213 224 757Mobile: +351 913 091 [email protected]

Inês LigeiroRetail ConsultantDirect: +351 213 224 757Mobile: +351 964 974 [email protected]

João EstevesRetail ConsultantDirect: +351 213 224 757Mobile: +351 964 973 [email protected]

Tiago PereiraRetail ConsultantDirect: +351 213 224 757Mobile: +351 966 202 [email protected]

Pedro FernandesJunior Surveyor – Retail InvestmentDirect: +351 213 224 [email protected]

ADVISED ON MORE THAN

315,000 SQ. M

OF SHOPPING CENTRE SPACE THROUGHOUT 2015, WITH AN VALUE EXCEEDING €600M

“When instructing Cushman & Wakefield, Vodafone was facing a major challenge: reduce 10% on rents and transform the entire portfolio into the new retail store concept, all this in a two-year period. The in-depth knowledge of the retail team and their professionalism, together with the extensive network of contacts, allowed us to achieve major results in the process so far. Vodafone and Cushman & Wakefield have set a relationship based on trust and full confidence.” Luis Amorim Ferreira, Head of property, Vodafone Portugal


WE ARERUSSIA

No. 1 MARKET LEADER IN THE RUSSIAN RETAIL MARKET IN 2015

OVER

300TRANSACTIONS BETWEEN 2015

TRANSACTED

90,000 SQ .M OF DEALS BETWEEN 2015

RUSSIA

CUSHMAN & WAKEFIELD HAS BEEN ACTIVE IN RUSSIA RETAIL PROPERTY FOR OVER 15 YEARS.

Cushman & Wakefield has been active in the Russian retail property market for over 15 years. This depth of ex perience affords to our clients — developers, occupiers and inves tors — an unrivalled understand ing of the market and retail trends in Moscow and the regions. Since 2013, the team of profes sionals in 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, secur ing over 950 deals with major retail ers.

ADVISORY:• Land plot analysis

• Market research and feasibility studies

• Concept development:

» Architectural concept development and optimization:

– Master planning

– Landscaping and transport schemes

– Floor layouts and sections

– 3D-modelling

» Commercial concept development and optimization:

– Market positioning

– Zoning and merchandising mix

– Tenant mix

» Project design supervision

• Rental revenue forecast


PROJECT MANAGEMENT:• Technical consultancy at the pre-

lease/ purchase stage

• Project management (design, fit-out, construction)

• Technical due diligence

• Construction projects analysis

• Space planning (test-fit)

• B.O.M.A. measurements

• Pilotage

• Green certification

CAPITAL MARKETS:• Acquisition and disposal services

• Debt financing and equity financing

• Client transactional support on international markets

• Sale-lease back structuring services

• Merges & acquisitions structuring and support services

“Metropolis is one of the most attractive shopping destinations in Moscow and it is being enlarged in order to offer its visitors an enhanced experience. Cushman & Wakefield did a significant amount of work in the marketing and leasing of the project. They have distinctive knowledge of the market and have a very strong and experienced leasing team. They offered innovative solutions throughout the leasing process and their role was pivotal in achieving 80% of the GLA leased by the opening of the project.”ERKAN ERKEK, CEO of Capital Partners



WE ARERUSSIA

ENKA SHOPPING MALL, KASHIRSKOYE HIGHWAY SEC on Kashirskoye highway is new project of ENKA company. An exciting architectural concept, luxurious roof terrace with an ice skating rink, open-air cinema, tennis and basketball courts are only a few peculiarities making this project really interesting. The new shopping and entertainment centre combines hypermarket, luminous shopping galleries, an amusement centre, a cinema with Russia's biggest IMAX cinema hall, a fitness centre with its own terrace, cafes and restaurants. The centre is located in a picturesque area surrounded by an apple garden. The project combines the merits of easy accessibility for the district residents and the proximity to one of the largest traffic throughways of Moscow. GLA 70, 800 sq. m, opening - Q4 2017.

CENTRAL CHILDREN'S STORE, MOSCOWCentral Children's Store on Lubyanka, one of the largest children's department stores in Europe, occupies an entire block in the centre of Moscow, on Lubyanka Square, and 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, introduces the concept of edutainment. The shopping centre includes such tenants as edutainment centre Kidburg, Hamleys, children's cinema "Formula Kino”, Mothercare, H&M Kids, Burberry, US Polo, BHS, Tartine et Chocolate, Paul&Shark, etc. Cushman & Wakefield's mission in this project is concept redevelopment, marketing & leasing, GLA 34,500 opened – March 2015.

AQUARELLE, MOSCOW REGIONSEC Aquarelle in Pushkino is new high-quality project of Immochan company in the Moscow Region. Federal highway M8 provides excellent transport accessibility to the shopping centre. AUCHAN hypermarket, the recognized leader in the profile, will be the locomotive of the project. The mall will have wide variety of goods stores, including fashion, children’s, sports operators, restaurants and food court as the part of shopping gallery, and an extended indoor and outdoor entertainment activities zone. Standalone DIY-hypermarket will strengthen the concept. Cushman & Wakefield's mission in this project is marketing & leasing, GLA 60,000 sq. m. opening – 2018.

SKY MALL, MOSCOW Sky Mall is a new type of shopping and entertainment centre Shopping Resort. The project will be a key part of the social infrastructure in New Moscow. Sky Mall will be the only project that combines traditional mall, fashion outlet, indoor and outdoor leisure facilities, providing a resort experience for the whole family. The project has a strategic location in New Moscow 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 with a rapidly growing population. Cushman & Wakefield's mission in this project is marketing & leasing, GLA 105,000 sq. m. opening – Q4 2018.

COURTYARD – THE PROJECT OF MOSCOW CINEMAS RECONSTRUCTIONCourtyard project provides reconstruction and conception of 39 Soviet era cinema buildings in Moscow. The project will create a network of community centres within the residential neighborhoods of Moscow. Renewed projects will provide a quality set of everyday essential goods and services for people of all age groups, and at the same time perform social and educational functions. All projects have good accessibility to transport links. In addition to conceptual solutions, the project will have original architectural concepts. Cushman & Wakefield's mission in this project is concept development, marketing & leasing. GLA 324,000 sq. m. opening - 2018-2019.

CITY MALL, TYUMEN City Mall is a regional shopping and entertainment centre located in the rapidly developing residential area of Tyumen. Easy transport access from the federal road Tobolsky path and excellent visibility will create an intensive customer flow. The concept of the Mall reflects 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 with over 160 stores of the shopping gallery will provide the customers with great shopping opportunities. Thus the main advantage of SEC an efficiently selected and formed Entertainment segment and no other shopping centre in Tyumen has such concentration of all concepts in one place! Cushman & Wakefield's mission is concept development, marketing & leasing of this project. GLA 53,000 sq. m. opening - December 2016.

RUSSIACONTACTS

SEC METROPOLIS PHASE II, MOSCOW Metropolis, the most successful fashion destination in Moscow, is being enlarged, bringing to its visitors a completely new atmosphere. The Mall offers a match of the 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 key international brands: Inditex Group, Victoria’s Secret, Hamley’s, first SuperDry store. Cushman & Wakefield acted on the marketing & leasing of this project, GLA 38,000 sq. m. opened – August 2016.

SEC OCEANIA, MOSCOWSEC Oceania is located in one of the most prestigious districts 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 Hoff Home, H&M, Inditex Group, Koton, Uniqlo, Guess, Armani Exchange, Terranova offering customers a variety of choice. Cushman & Wakefield acted on the marketing & leasing of this project, GLA 60,000 sq. m. opened – August 2016.

SEC KHOROSHO!, MOSCOWSEC Khorosho! is located in a wealthy residential area next to Khoroshevskaya and Polezhaevskaya metro stations. Due to its good transport accessibility, Khorosho! is the perfect place for shopping and leisure. Khorosho includes such 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.

Ekaterina Zemskaya Partner - Head of Retail Services Direct: +7 495 799 9877 Mobile: +7 919 105 [email protected]

Andrey Shuvalov AssociateDirect: +7 495 799 9888 ext. 596160Mobile:+7 903 256 [email protected]

Evgeniya Osipova AssociateDirect +7 495 799 98 88 ext. 596 296 Mobile +7 919 105 79 [email protected]

Regina Umiarova Senior ConsultantDirect: +7 495 799 9888 ext. 596313Mobile: +7 916 817 [email protected]

Anna Mankova Senior ConsultantDirect: +7 495 799 9888 ext. 596310Mobile: +7 916 552 [email protected]

Alexander Dmitryuk ConsultantDirect: +7 495 799 9888 ext. 596162Mobile: +7 916 973 [email protected]

Natalia Urgens ConsultantDirect +7 495 799 98 88 ext. 596296 Mobile +7 910 463 43 [email protected]

Polina Zhilkina Associate Direct: +7 495 799 9888 ext. 596300Mobile: +7 919 105 [email protected]

Anastasia Kuznetsova AssociateDirect: +7 495 799 9888 ext. 596301Mobile: +7 919 105 [email protected]

Zulfiya Shilyaeva AssociateDirect: +7 495 799 9888 ext. 596304Mobile: +7 916 501 [email protected]

Rezeda Sadritdinova Senior ConsultantDirect: +7 495 799 9888 ext. 596305Mobile: +7 919 105 [email protected]

Rusalina Ramazanova ConsultantDirect: +7 495 799 9888 ext. 596163Mobile: +7 910 463 [email protected]

Irina Pomerantseva ConsultantDirect: +7 495 799 9888 ext. 596308Mobile: +7 916 836 [email protected]

Ekaterina TykinaAssistantDirect: +7 495 799 9888 ext. 599859Mobile: +7 915 093 16 [email protected]

“Oceania is the key project of TPS Real Estate in Moscow. Cushman & Wakefield worked on the leasing strategy together with our team. Cushman & Wakefield team made a significant contribution to marketing and leasing of the project with their enthusiasm and professional expertise.”

ALEXEY CHINALIEV, First Vice President TPS Real Estate


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WE ARE THE CENTRE OF RETAILHelping clients transform the way people work, shop and live

SLOVAKIA

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

LANDLORD REPRESENTATION:• Concept and layouts advisory

• Leasing strategy and brokerage activity

• Assistance on lease contracts negotiation

• Regular reporting on market activity and trends

• Re-leasing services – including scheme repositioning in the market

TENANT REPRESENTATION:• We act on behalf of tenants in their search for

suitable retail space on the high street, new and existing shopping centres.

• Advice on portfolio optimization

• Research advisory for market entry

• Disposals of the retail spaces


OVER

200TRANSACTIONS IN 2015

70%LEASING RETAIL MARKET SHARE

EXCLUSIVE AGENT FOR

3 NEW DEVELOPMENTS IN SLOVAKIA

“Running a business on your own works well. But sharing a knowledge with a strong partner help you to run it far more efficiently. Our partner is Cushman & Wakefield.”EUROVEA, Board Member

WE ARESLOVAKIA



WE ARESLOVAKIA

EUROVEA, BRATISLAVA Cushman & Wakefield is the exclusive leasing agent of Eurovea, a shopping centre providing 59,200 sq. m GLA. Eurovea is part of the state-of-the-art multi-functional city quarter located in the prime riverside location adjacent to Bratislava's historical centre. The centre is anchored by restaurants and cafes with a daily average footfall of 35,000 and was designed to become the new commercial heart of the city and act as the social focal point in the centre of Bratislava. The centre is owned by Slovak private equity and is developed by Ballymore. Cushman & Wakefield are advisors and leasing agents for the extension which will add an additional 25,000 sq. m planned to open in 2019. Most recent tenant to join the scheme is Starbucks.

EUROMAX, CITY ARENA, TRNAVACushman & Wakefield's Retail team were appointed by Slovak developer EUROMAX to secure leasing within this unique centre, providing 29,500 sq. m, 120 retail units and 1,000 parking places, which opened in 2015. City Arena has direct connections to the football stadium, within a central location and very good overall accessibility. Recent lettings include Datart, Yankee Candle, Camp David and Tescoma.

“We cooperate with Cushman & Wakefield in the long-term and we highly appreciate their flexibility, reliability, responsiveness and proactive client approach.”ALO DIAMONDS

SLOVAKIACONTACTS

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

Katarina Paule Senior Negotiator - Retail AgencyDirect: +421 259 209 370 Mobile: +421 911 054 [email protected]

Miriama Zemková Junior Negotiator - Retail AgencyDirect: +421 259 209 340 Mobile: +421 910 894 [email protected]

Ľuboš Mikuška Junior Negotiator - Retail AgencyDirect: +421 259 209 327Mobile: +421 911 054 [email protected]

MULTI, FORUM PREŠOVCushman & Wakefield were exclusively appointed as leasing agents for Forum Prešov shopping centre which has a GLA of 30,300 sq. m, 110 retail units and 500 parking spaces. This project is planned to be a dominant scheme functioning as a shopping, leisure and community centre in the heart of the Prešov region, opening in 2018.

IKEA CENTRE, AVION, BRATISLAVAShopping centre Avion with GLA of 103,000 sq. m is a project combining retail stand-alones with a shopping mall targeting the middle and higher middle tenant segment. Avion is family oriented with a daily footfall of 27,000. The project is dominated by IKEA with around 10 cafes in the shopping mall and is recognized as one of the 4 best projects in Bratislava. Cushman & Wakefield is currently providing re-leasing of retail space.

INTERCORA, TERMINAL, BANSKÁ BYSTRICACushman & Wakefield were appointed as leasing agent for this shopping centre with GLA of 13,000 sq. m, 50 retail units and 280 parking spaces, planned to open in spring 2017. The project includes a bus terminal, shopping mall and retail park and is centrally located next to the train station and city centre. Anchor tenants include Billa, Lindex, C&A,Takko, Planeo Electro, Dracik, CCC, KIK.

NEW EUROPE PROPERTY INVESTMENTS, AUPARK KOŠICECushman & Wakefield provide re-leasing services for this shopping centre in the second largest city in Slovakia with an area of 34,000 sq. m., which opened in 2011. This shopping centre has 3 floors, 1,100 parking spaces and a daily footfall of 31,000. Anchor tenants include Billa, H&M, Mango, Datart, Exisport, New Yorker, Tommy, Hilfiger, Guess, Napapijri, AllToys and Bata.

MULTI, FORUM POPRADShopping centre Avion with GLA of 103,000 sq. m is a project for which Cushman & Wakefield's Retail Team provides exclusive leasing for Forum Poprad with area of 23,500 sq. m, situated in the city centre of Poprad, High Tatras mountain region. An attractive tenant mix aims at a wide spectrum of consumers, from lower and mid-range to the higher middle fashion segments such as H&M, Lindex, New Yorker, 5 LPP brands (Reserved, Mohito, Sinsay, Cropp, House), plus a wide variety of restaurants and cafés as well as 1000 sq. m of Golem fitness, banks and other services.

MINT INVESTMENT, LAUGARÍCIO, TRENČÍNLaugarício shopping centre provides GLA of 25,000 sq. m, 103 shops and 800 parking spaces, with a daily average footfall around 12,000. Anchor tenants include H&M, M&S, C&A, New Yorker, Intersport, Humanic, Baťa, CCC, Gaudi, Gant, Time out, Promod, Reserved. Cushman & Wakefield provide re-leasing services for the scheme.


SPAIN

CUSHMAN & WAKEFIELD ARE SPAIN´S LEADING RETAIL PROPERTY ADVISOR. WE ARE AT THE FOREFRONT OF THE MOST IMPORTANT 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, which has been built over the last 25 years through best in class contacts with leading retailers, landlords and developers.

WE ARESPAIN

TENANT REPRESENTATION TEAM

SERVICES INCLUDE:• Retail Agency

» High Street

» Shopping Centres

» Out of Town Retail

• Disposals and Acquisitions

• Specialist / Sub-Sector Services:

» Landlord Representation

» Tenant Representation

» Food & Beverage

» Luxury

• Retail Research and Consultancy



• Investment

• Valuation

• Asset Management



OUR LEASING TEAM HAS ADVISED OVER

200,000 SQ. M(GLA) OVER THE LAST 2 YEARS

BESTIN CLASS

“Cushman & Wakefield are partners with THRE at European level and manage two Shopping Centres and one Retail Park for us in Spain. What distinguishes them is their professionalism, willingness and ability to meet the high standards needed for our head and local offices.

They contribute to our strategic picture and we work closely together in the development of the business plan for each asset, always adhering to our strict standards of management and reporting.”MANUEL MARTÍN, Head of Spain -TIAA HENDERSON RE



SPAIN CONTACTS

Rupert LeaPartner - Head of Retail + Retail CMGDirect: +34 91 781 38 37Mobile: +34 661 767 [email protected]

Robert TraversPartner - Head of Retail AgencyDirect: +34 93 467 27 40 Mobile: +34 661 435 [email protected]

Cristina Pérez de ZabalzaPartner - Head of Retail LeasingDirect: +34 91 781 38 64Mobile: +34 661 767 [email protected]

Yola CamachoPartner - Retail CMG Direct: +34 91 781 38 72Mobile: +34 661 767 [email protected]

Beatriz López Cid Associate - Retail CMG Direct: +34 91 781 38 35Mobile: +34 661 767 [email protected]

Ignacio AchaAssociate - Head of Retail Agency MadridDirect: +34 91 781 86 71Mobile: +34 661 767 [email protected]

Joanna JoyceAssociate - Tenant RepDirect: +34 91 781 80 58Mobile: +34 661 767 [email protected]

Susana RamónAssociate - Retail AgencyDirect: +34 93 272 16 79Mobile: +34 661 767 [email protected]

Domènec Casellas Associate - Retail AgencyDirect: +34 93 272 16 78Mobile: +34 661 767 [email protected]

Susana GalánAssociate - Retail LeasingDirect: +34 91 781 38 65Mobile: +34 661 767 [email protected]

Carlos AlonsoAssociate - Retail LeasingDirect: +34 91 781 38 66Mobile: +34 661 767 [email protected]

Susana PeñaAssociate - Retail LeasingDirect: +34 93 467 27 35Mobile: +34 661 019 [email protected]

WE ARESPAIN

FONTANELLA 6-8, BARCELONA Cushman & Wakefield advised on one of Spain´s largest lettings deals in recent years. The new 4,000 sq. m flagship, strategically located next to Barcelona´s Plaza Catalunya, will be the home to Media Markt´s new iconic in-town store.

HERMOSILLA 14, MADRID Cushman & Wakefield advised the landlord on the letting of the largest Pull & Bear store in Europe. The flagship store comprises 2,200 sq. m and is located in Madrid´s Barrio Salamanca district.

PASSEIG DE GRACIA 71, BARCELONACushman & Wakefield advised Hugo Boss on their new 1,200 sq. m flagship located on one of Spain’s most sought after luxury pitches.

GRAN VIA 44, MADRID Cushman & Wakefield advised on the letting of the first Five Guys restaurant in Spain on Gran Vía in Madrid. The establishment will have a total area of approximately 735 sq. m over three levels.

LES RAMBLAS 120, BARCELONA Cushman & Wakefield advised the landlord for two lettings on Les Ramblas 120 in Barcelona city centre which resulted in a new 1,200 sq. m Nike flagship and NBA Café´s first European store.

SUNGLASS HUT, SPAIN Over the last 2 years, Cushman & Wakefield has advised Sunglass Hut on the acquisition of 13 stores across Spain. The units are located in prime retail pitches in the likes of Madrid, Granada, Malaga and Benidorm.

INTU ASTURIAS, OVIEDOCushman & Wakefield are exclusive letting and managing agents for Intu Asturias, a prime regional shopping centre located in Oviedo in northern Spain. New incoming retailers include the likes of Desigual, Violeta, Aristocrazy, Tagliatella and Ilusiona.

PASSEIG DE GRACIA 42, BARCELONA Cushman & Wakefield advised IKKS for their new flagship store on Passeig de Gracia, one of Spain's most sought after locations.

PRECIADOS 6, MADRID Cushman & Wakefield advised the landlord on one of the largest lettings in recent years in Madrid´s most expensive retail pitch. Foot Locker's flagship store comprises circa 2,000 sq. m.

OUR SPANISH TEAM HAS PERFORMED

€3.7 billion IN RETAIL INVESTMENT (70% TRANSACTIONS IN SPAIN BETWEEN 2008-2015)

COSTA COFFEE, SPAINCushman & Wakefield are exclusive agents for Costa Coffee`s expansion throughout the East Coast of Spain and Islands. The team has secured 16 stores in the last 2 years in the likes of Barcelona, Valencia, Benidorm and Palma de Mallorca.

ISLAZUL, MADRID Cushman & Wakefield advised TIAA on the acquisition of one of the main shopping centres in the south of Madrid. Over the last 2 years, our Management and Letting teams have helped increased footfall by more than 11%, reinforcing the centre's position and enhanced tenant mix.

PUERTO VENECIA, ZARAGOZA British Land and Eurofund chose Cushman & Wakefield to carry out the leasing of Puerto Venecia (206,000 sq. m of GLA, and more than 9,000 parking spaces).

This is the first time in Spain that Ikea and El Corte Inglés had come together in the same project. It is the largest commercial centre in Europe with an artificial and navigable lake. Retailers include El Corte Inglés, Toys ‘r Us, Decathlon, Cinesa, Primark, H&M, Inditex, Sportzone, WaveHouse and Desigual.

L`ALJUB, ELCHE The leading shopping centre of Elche and the second key scheme on the Coast of Alicante.

TERRASSA PARC, TERRASSA Cushman & Wakefield are retained letting agents for one of the few Retail Parks under development in Catalunya.

“Cushman & Wakefield’s approach of having a Tenant representative appointed to the client meant that the Cushman & Wakefield’s individual was able to spend invaluable time not only understanding the client's specific property requirements, but through a better understanding of our Business drivers, why they existed and why they are so important to the success of each store. The relationship has worked extremely well and I view Cushman & Wakefield as an extension of the Primark Property Department. In my view, Cushman’s went the extra metre and have demonstrated they can add real value to our Business.”

TOM MEAGER, Head of Property, Primark


WE ARESWEDEN AND THE NORDICS

SWEDEN AND THE NORDICS

IN SWEDEN, CUSHMAN & WAKEFIELD IS A MARKET LEADER IN COMMERCIAL REAL ESTATE SERVICES. OUR RETAIL SERVICES TEAM ADVISES LANDLORDS ON HOW TO DEVELOP THEIR RETAIL LOCATIONS. IN ADDITION WE REPRESENT LEADING INTERNATIONAL BRANDS WHEN ESTABLISHING THEMSELVES ON THE 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


2,300,000 SQ. MOF RETAIL SPACE VALUED DURING 2015

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



WE ARESWEDEN

GROCERY ANCHORED RETAIL PORTFOLIO SWEDEN, NATIONAL Cushman & Wakefield advised Starwood Capital and Vencom in the sale of six grocery anchored retail properties. Acquired by Trophy, a real estate company fully owned by the pension fund AP3 and managed by Redito.

ÅHLÉNS CITY, MALMÖCushman & Wakefield advised Rockspring and Vencom in the sale of Åhléns City in Malmö. Acquired by Cornerstone Real Estate Advisers.

BARONEN, KALMARCushman & Wakefield advised CBRE Global Investors in the sale of Baronen, a shopping centre located in southern Sweden.Acquired by Regio, a real estate company owned by the pension fund AP3 and the investment manager Sveafastigheter.

RETAIL PORTFOLIO, GREATER STOCKHOLMCushman & Wakefield advised Aberdeen Asset Management in the sale of four retail assets in the Stockholm region. Acquired by Tristan Capital Partners.

MÖLNVIK, STOCKHOLMCushman & Wakefield advised Invesco in the sale of a property in Mölnvik retail area, Stockholm. Acquired by Aberdeen Asset Management.

SWEDEN CONTACTS

NORDIC CONTACTS

Jens LinderstamHead of Retail ServicesDirect: +46 (0) 8 671 34 63 Mobile: +46 (0) 70 246 21 81 [email protected]

Louise MagnussonAnalyst - Retail Services Direct: +46 (0) 8 671 34 47 Mobile: +46 (0) 76 720 34 [email protected]

Thomas PerssonPartner - Capital Markets Direct: +46 (0) 8 545 677 04 Mobile: +46 (0) 70 533 15 [email protected]

Erik DansboPartner - Capital Markets Direct: +46 (0) 8 545 677 21Mobile: +46 (0) 70 775 60 [email protected]

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

Sven Erik HugossonHead of Valuation Valuation & Advisory Direct: +46 (0) 8 671 34 59Mobile: +46 (0) 70 728 24 [email protected]

Kristian VinggaardPartner - Head of RetaiDirect: +45 33 13 13 58 Mobile: +45 51 58 09 [email protected]

Marit Elisabeth Jensen Head of Retail Services Direct: +47 23 11 68 68 Mobile: +47 992 68 [email protected]

STOCKHOLM CITY – FLAGSHIP RETAIL SPACE Cushman & Wakefield advises the landlord Sparbössan when creating a new flagship location in the corner of Humlegårdsgatan and Grev Turegatan in the city of Stockholm. Cushman & Wakefield is both professional advisor and letting agent for the retail development.

6,000 MSEK (2015) +8,000 MSEK (YTD 2016) RETAIL SALE TRANSACTION VOLUME BY CUSHMAN & WAKEFIELD IN SWEDEN

2015/2016

TYRESÖ CENTRUM, STOCKHOLMCushman & Wakefield advised CBRE Global Investors in the sale of Tyresö Centrum, a shopping centre located in the south part of Stockholm. Acquired by Skandia Fastigheter.

BACKAPLAN, GOTHENBURGCushman & Wakefield advised KF Fastigheter in the sale of development properties on Backaplan, the largest retail and residential development area in Sweden. Acquired by Skandia Fastigheter.

DENMARK

NORWAY

Jari JänttiDirector - Retail Services Direct: +358 10 836 8418Mobile: +358 50 337 [email protected]

FINLAND

(starting 1 January 2017)


WE ARETURKEY

TURKEY

OUR RETAIL TEAM ARE A LEADING PROVIDER OF RETAIL TENANT REPRESENTATION AND ADVISORY 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



• Valuation



• Concept Development Advice




TURKEYCONTACTS

WE ARETURKEY

SKECHERS Cushman & Wakefield was instructed by Skechers to lease its first ever store on the main high street of Istanbul, Istiklal Street. The store is located in one of the most highly frequented stretch of the street. We continue to work with Skechers on a number of locations to increase their current footprint. We are in discussions for various prime store locations in Istanbul.

KIEHL’S 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.

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.

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.

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.

Togrul Gonden Managing PartnerDirect: +90 212 334 78 00Mobile: +90 212 334 78 [email protected]

Duygu Ozer Head of Retail Turkey, Istanbul Office, RetailDirect: +90 212 334 78 00Mobile: +90 530 834 71 [email protected]



WE AREUNITED KINGDOM

UNITED KINDOM

OUR MARKET LEADING, MULTI AWARD-WINNING RETAIL & LEISURE TEAM PROVIDE END TO END SERVICES FOR RETAILERS, OCCUPIERS, 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. MIN 2015

CAPITAL MARKETS ADVISED ON

£2.3 bn. SQ. MOF INVESTMENT TRANSACTIONS



UNITED KINGDOM CONTACTS

Justin TaylorHead of EMEA RetailDirect: +44 (0) 20 7152 5198Mobile: +44 (0) 7764 398 [email protected]

Patrick KnapmanHead of Retail Capital MarketsDirect: + 44 (0) 20 7152 5019 Mobile: +44 (0) 7768 825 [email protected]

Martin ActonHead of Outlets / National Projects & Retail OperationsDirect: +44 (0) 20 7152 5201Mobile: +44 (0) 7793 808 [email protected]

Thomas Rose Partner, Head of Leisure & Restaurants Direct: +44 (0) 20 7152 5278 Mobile: +44 (0) 7793 024 [email protected]

Peter MaceHead of Central London RetailDirect: +44 (0) 20 7152 5039Mobile: +44 (0) 7793 808 039 [email protected]

Toby SykesHead of Shopping Centre LeasingDirect: +44 (0) 20 7152 5240Mobile: +44 (0) 7764 398 [email protected]

Stuart MoncurHead of National Retail and Occupier ServicesDirect: +44 (0) 131 222 4529Mobile: +44 (0) 7887 795 [email protected]

Martin SupplePartner – Head of Out of Town Retail AgencyDirect: + 44 (0) 20 7152 5898 Mobile: + 44 (0) 7793 808 [email protected]

John PercyDirector - Head of RetailDevelopment Consultancy Direct: +44 (0) 20 7152 5929 Mobile: +44 (0) 7730 817 [email protected]

Alistair Parker Partner – LondonDirect: +44 (0) 20 7152 5203 Mobile: +44 (0) 7764 398 [email protected]

KING'S CROSS, LONDONCushman & Wakefield has been appointed joint retail and leisure agents for the 67-acre development at King’s Cross. The development comprises 500,000 sq. ft. of retail, restaurants, leisure, cafes and bars and is 8 m sq. ft. in total. By 2020, 50,000 people will be living and working at King’s Cross.

THE FORT SHOPPING PARK, BIRMINGHAMIn 2016 we celebrate 19 years of leasing, professional and investment advice on this regionally dominant park to the Fort Retail Park Trust. Recent transactions include a new 60,000 sq. ft. Primark, upsizing Next and River Island, and introducing Schuh, Foot Asylum and Moss.

WESTGATE OXFORDClient: Land Securities & Crown Estate Cushman & Wakefield is the retail leasing agents on the £500 m redevelopment of the Westgate Centre in the heart of Oxford. This new shopping and leisure destination is due for completion in Autumn 2017 and is currently 50% pre-let. The development comprises approximately 100 new shops including a John Lewis department store and forms a key part of the regeneration of Oxford city centre.

COVENT GARDEN, LONDON Cushman & Wakefield was instructed as joint letting agent on St. Martin’s Courtyard from the initial planning stages of the development through to completion. We have provided advice at every step of the process from consultancy on individual shop layouts and advice on marketing material, through to the inception and implementation of the female focused strategy for the scheme.

We successfully concluded lettings of flagship stores on Long Acre including COS, Banana Republic, Jack Wills, Massimo Dutti, Barbour and L.K. Bennett.

In 2013 Longmartin Properties decided that only a sole retail agent was required and Cushman & Wakefield was chosen to remain as the sole retail advisor.

WE AREUNITED KINGDOM

BATTERSEA POWER STATION, LONDON Cushman & Wakefield is instructed to pre-let the retail, restaurants and leisure units at the Battersea Power Station site, an exciting urban redevelopment project which will see the iconic Power Station re-open to the public for the first time in 30 years.This landmark development will provide over 8 m sq. ft. of new space, with over 1m sq. ft. of retail, food & beverage and leisure.

ST DAVID’S, CARDIFFClient: INTU & Land Securities A 1,400,000 sq. ft. regional shopping centre in the capital city of Wales, Cardiff. Anchored by John Lewis and Debenhams. Tenants include The White Company, Superdry, River Island and a new flagship H&M. Recent lettings include Michael Kors, Swarovski, Kiko, Tiger and Shake Shack.

COSTA, SCOTLANDCushman & Wakefield is retained by Costa in Scotland and have acquired 8 new stores for them over the last 12 months. The focus has been on strong market towns such as Peebles, Troon and Largs, as well as flagship city centres such as on George Street in Edinburgh.

WESTFIELD STRATFORD CITY, LONDONClient: WestfieldCushman & Wakefield is the leasing agents of Westfield Stratford City in East London, the largest shopping centre in Europe with over 400 stores, 70 restaurants and 5,000 car parking spaces. Footfall was 46.2 m in 2015 and continues to grow annually. Recent lettings include: Missguided, IKEA, Diesel, Moss Bros, Rockar, Cath Kidston, Stradivarius, Lindex, American Eagle, Thornton’s, Potbelly and Levi Roots.

TH REAL ESTATE, EDINBURGH ST JAMES, SCOTLAND Edinburgh St James is one of the biggest regeneration projects currently under way in the UK with up to 750,000 sq. ft. of prime space, including three retail floors, a catering level, cinema, hotel and residential. This will create a vibrant and exciting place to live, visit and shop in the heart of Edinburgh. Cushman & Wakefield is appointed as joint Retail and Leisure leasing agents. Construction for Edinburgh St James is scheduled to start in 2016 with completion due in 2020.

INTU TRAFFORD CENTREINTU Trafford Centre provides 2,000,000 sq. ft. of retail, catering and leisure space. Tenants include Selfridges, John Lewis and Debenhams with recent lettings to Zara, Pull & Bear, Stradivarious, Zara Home and Michael Kors. Cushman & Wakefield is the retail leasing agent.

WAHACA, NATIONAL Cushman & Wakefield is retained to expand the Thomasina Miers founded premium restaurant brand across the UK. We have secured Wahaca sites in London, Bristol, Manchester, Liverpool, Edinburgh, Brighton and Watford. Cushman & Wakefield has been instrumental in building a strategic expansion plan and carefully selecting sites. We are also instructed to acquire sites for Wahaca’s more casual sister brand, DF Mexico.

BRENT CROSS, LONDON Cushman & Wakefield has advised on this flagship shopping centre from its original construction. It now prepares to enter a new phase with a major extension and refurbishment. Acting on behalf of Hammerson and Standard Life, Cushman & Wakefield is providing a wide range of development advice, including local authority negotiations, site assembly and viability. The scheme has planning permission and work is progressing on the implementation of the shopping centre and wider Cricklewood area development. In addition, Cushman & Wakefield are retained to lease at Brent Cross, covering 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 also working on the extension which will add an additional 850,000 sq. ft. of retail and leisure space, due to open in 2021.

“Cushman & Wakefield has acted for us on Carnaby since 1997, and their 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

TRANSACTED OVER

2,100 DEALS IN

2015

CARNABY ESTATE, LONDONCushman & Wakefield has been an integral part of Shaftesbury’s overhaul of the Estate, transforming the Carnaby Village into an internationally renowned destination for leading lifestyle and fashion brands.


WE ARERETAIL ASSET SERVICES EMEA

RETAIL ASSET SERVICES EMEA

RETAIL ASSET SERVICES ARE A TEAM OF EXPERIENCED INDIVIDUALS WHO SPECIALISE IN MANAGING RETAIL & LEISURE PARKS, SHOPPING CENTRES, HYPERMARKET AND HIGH STREET 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 designed to build relationships that drive performance and adapts to changing market conditions.

“Cushman & Wakefield provide professional services in the day-to-day property management as well as letting activities, employing a highly qualified and experienced team. Close cooperation with the Owner and tenants, reporting in accordance with Owner’s guidelines, and the provision of accounting and financial services meeting the highest market standards since we started our cooperation in the property management field back in 2005.

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 NUMBER OF

SHOPPING CENTRES

357 NUMBER OF

OTHER RETAIL ASSETS

RETAIL ASSET SERVICES:• Property Management

• Service Charge Consultancy

• Research Analysis

• Development Advice

• Insurance Services

• Asset Enhancement

• Marketing and Commercialisation

• Facilities Management

• Financial Management



SONY CENTRE, BERLIN, GERMANY The Sony Center, a multi-use center in the heart of Berlin, located at the Potsdamer Platz. Cushman & Wakefield has been providing property management services for more than 10 years, with 3 changes of ownership over the last decade. Current focus is on service charge reconciliation, tenant supervision and accounting.

LE PIRAMIDI, TORRI DI QUARTESOLO VI, ITALYWhen 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, 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 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 refurbishment, carried out without interfering with retail activities, further enhanced the mall image, awareness and value for its landlords.

OLD SPITALFIELDS MARKET, LONDON, UKTribeca Holdings appointed Cushman & Wakefield in March 2014 with the aim of positioning 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 property now attracts circa 8m visitors per annum and is one of London’s top retail destinations.

FORUM CASTELO BRANCO, CASTELO BRANCO, PORTUGALCushman & Wakefield has been managing Forum Castelo Branco since 2010. We have 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.

ISLAZUL, MADRID, SPAINCushman & Wakefield was instructed to perform the integrated management of the 90,000 sqm shopping centre in 2014, after its purchase by THRE. Since the instruction, C&W has implemented multiple actions which resulted in a consolidation and improvement of the retail offer, a higher BREEAM rating, a reduction of the service 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 awards: Best Environmental Campaign and Best Shopping Centre Marketing Campaign.

ZŁOTE TARASY, WARSAW, POLANDZłote Tarasy is one of the most spectacular and unique world-class city centre retail projects in Europe. The multi-award winning centre is one of the three largest shopping centres that dominate the retail landscape in Warsaw and is the only one of these centres managed by a third-party provider. Cushman & Wakefield has been managing this project for five years. The service that we provide includes full Asset Services, strategic leasing & marketing, financial reporting, corporate accounting and sustainability advice. Over the last 5 years we have re-leased over 2/3 of the leasable area and achieved a 16% increase in rental income.

WE ARERETAIL ASSET SERVICES EMEA

8.2M TOTAL SQ METERS

185,870 TOTAL NUMBER OF CAR PARKING SPACES

12,384 NUMBER OF TENANTS

€446M SERVICE CHARGE COLLECTED P.A

€553M ANNUAL RENT COLLECTED P.A.

RETAIL ASSET SERVICES EMEA CONTACTS

Michael Hatt Head of Asset Services EMEAOffice: +44 203 296 3667Mobile: +44 7768 125 [email protected]

Rafael Mateu Partner - Head of Retail Asset Services, SpainOffice: +34 91 781 00 10Mobile: +34 659 477 [email protected]

André Navarro Associate - Head of Retail Services, Portugal Office: +351 213 224 757Mobile: +351 91 223 [email protected]

Francesco Della Cioppa MRICS Partner - Head of Asset Services, ItalyDirect: +39 02 637 99 256Mobile: +39 335 651 [email protected]

Christopher Rasiewicz Head of Asset Services, PolandDirect: +48 (22) 222 30 40Mobile: +48 668 268 [email protected]

Catherine Lambert Head of Retail Asset Services, UKDirect: +44 (0) 20 3296 3677 Mobile: +44 (0) 7881 747 196 [email protected]

“Cushman & Wakefield are partners with THRE at European level and manage two Shopping Centres and one Retail Park for us in Spain. We are highly satisfied with the quality of service we receive from the team, coordinated at all times by a Key Account Manager, who is always available to respond to our needs. The team has proven to be very proactive in suggesting initiatives to enhance the value our assets under their management, working closely with us on sustainability policies. Their professionalism and expertise contribute to our strategic picture and we work closely together in the development of the business plan for each asset, always adhering to our strict standards of management and reporting required by our company.” MARTA CLADERA DE CODINA, Head of Iberia, TH Real Estate


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.

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