the olav thon group - norway

NORWAY´S LEADING COMPANY IN PROPERTY AND MANAGEMENT

NORWAYKEUROPE´S MOST PROSPEROUS MARKET

olavthon-shopping.com

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NORWEGIAN CONSUMPTION IS EXPECTED TO RISE BY MORE THAN 4 PERCENT ANNUALLY OVER THE PERIOD 2013-2015

NORWAY'S CENTRAL BANK PREDICTS CONTINUED GROWTH IN WAGES.

the olav thon group

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3KK

4 K

A COUNTRY WITH A UNIQUE ECONOMIC POSITION

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the olav thon group

Compared with other countries in Europe, the recession has had little impact on Norway. This is mainly because of the high growth in demand from the petroleum sector and low interest rates. Europe´s highest price levels for consumer goods and services (2012)■ 59 per cent higher than the average of the 27 EU Member States■ 24 per cent higher than Sweden■ 12 per cent higher than Denmark

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STATISTICS NORWAY PREDICTS AN EVEN BIGGER SHOPPING SPREE.

NORWAY IS THE SECOND LARG-EST COUNTRY IN EUROPE IN TERMS OF POPULATION GROWTH.K

AFFLUENT CONSUMERS

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Kongsvinger

MossSkien

Larvik

Mandal

Førde

Mo i Rana

Sandnes

Egersund

Flekkeord

Molde

Florø

Namsos

Verdal

Ålesund

Brønnøysund

Kristiansund

Harstad

Narvik

Fauske

Fredrikstad

Geilo

Svolvær

Alta

Kragerø

Arendal

Steinkjer

Tynset

Kirkenes

Voss

Fagernes

Sunndalsøra

Surnadal

Lillestrøm

Elverum

Dombås

Sogndal

OSLO

KRISTIANSAND

TROMSØ

BODØ

BERGEN

TRONDHEIM

STAVANGER

The Olav Thon Group is involved in retailing and industrial enter-prises, real estate, hotel and restau-rant operations. The Group had a turnover of €1 billion in 2012 and employs around 3,200 people.

1.1 billion

WE DON'T FOLLOW THE TRENDS. WE CREATE THEM.

7

Kongsvinger

MossSkien

Larvik

Mandal

Førde

Mo i Rana

Sandnes

Egersund

Flekkeord

Molde

Florø

Namsos

Verdal

Ålesund

Brønnøysund

Kristiansund

Harstad

Narvik

Fauske

Fredrikstad

Geilo

Svolvær

Alta

Kragerø

Arendal

Steinkjer

Tynset

Kirkenes

Voss

Fagernes

Sunndalsøra

Surnadal

Lillestrøm

Elverum

Dombås

Sogndal

OSLO

KRISTIANSAND

TROMSØ

BODØ

BERGEN

TRONDHEIM

STAVANGER

The Olav Thon Group owns and administers 97 shopping centres, with annual retail sales of around € 7.6 billion (2012). In addition, the Group owns a large number of retail stores and restaurants, mainly in the Oslo area.

THE OLAV THON GROUP

NORWAY’S LEADING SHOPPING CENTRE GROUP

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The Olav Thon Group wishes to create the best possible framework to enable lessees to meet their customers and operate profitably.

the olav thon group

the olav thon

group on web

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97shopping centersthe right mix of stores and concepts means that our centres offer customers an exciting range of services. We provide depth in selected retail specialities, while still maintaining excellent shop diversity. This has proven to attract customers and increase sales.

••the olav thon group

list of allshopping centers

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We believe that good logistics in and around the building are essential for a successful customer experience. We focus on this for both our newbuild and upgraded centres.

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CREATING A PLEASANT SHOP-PING ENVIRON-MENT HAS ALWAYS BEEN A KEY PRIORITY.

Within our shoppingcentre group, thereare 50 Amfi branded centres.

10

Kongsvinger

Moss

Skien

Larvik

Mandal

Førde

Mo i Rana

Sandnes

Egersund

Flekkeord

Molde

Florø

Namsos

Verdal

Ålesund

Brønnøysund

Kristiansund

Harstad

Narvik

Fauske

Fredrikstad

Geilo

Svolvær

Alta

Kragerø

Arendal

Steinkjer

Tynset

Kirkenes

VossFagernes

Sunndalsøra

Surnadal

Lillestrøm

Elverum

Dombås

Sogndal

OSLO

KRISTIANSAND

TROMSØ

BODØ

BERGEN

TRONDHEIM

STAVANGER

Kongsvinger

Moss

Skien

Larvik

Mandal

Førde

Mo i Rana

Sandnes

Egersund

Flekkeord

Molde

Florø

Namsos

Verdal

Ålesund

Brønnøysund

Kristiansund

Harstad

Narvik

Fauske

Fredrikstad

Geilo

Svolvær

Alta

Kragerø

Arendal

Steinkjer

Tynset

Kirkenes

VossFagernes

Sunndalsøra

Surnadal

Lillestrøm

Elverum

Dombås

Sogndal

OSLO

KRISTIANSAND

TROMSØ

BODØ

BERGEN

TRONDHEIM

STAVANGER

SOUTH NORWAY

the olav thon group

BERGEN

STAVANGER

KRISTIANSAND

= SHOPPING CENTERS

OSLO

TRONDHEIM

•shopping centres across Norway

94

11

Kongsvinger

Moss

Skien

Larvik

Mandal

Førde

Mo i Rana

Sandnes

Egersund

Flekkeord

Molde

Florø

Namsos

Verdal

Ålesund

Brønnøysund

Kristiansund

Harstad

Narvik

Fauske

Fredrikstad

Geilo

Svolvær

Alta

Kragerø

Arendal

Steinkjer

Tynset

Kirkenes

VossFagernes

Sunndalsøra

Surnadal

Lillestrøm

Elverum

Dombås

Sogndal

OSLO

KRISTIANSAND

TROMSØ

BODØ

BERGEN

TRONDHEIM

STAVANGER

Kongsvinger

Moss

Skien

Larvik

Mandal

Førde

Mo i Rana

Sandnes

Egersund

Flekkeord

Molde

Florø

Namsos

Verdal

Ålesund

Brønnøysund

Kristiansund

Harstad

Narvik

Fauske

Fredrikstad

Geilo

Svolvær

Alta

Kragerø

Arendal

Steinkjer

Tynset

Kirkenes

VossFagernes

Sunndalsøra

Surnadal

Lillestrøm

Elverum

Dombås

Sogndal

OSLO

KRISTIANSAND

TROMSØ

BODØ

BERGEN

TRONDHEIM

STAVANGER

NORTH NORWAY

the olav thon group

The Olav Thon Group is the only company offering facilities throughout Norway. We know the market and are here to help you create success.

OSLO

TROMSØ

ALTA

KIRKENES

•YOUR CONCEPT ALL OVER NORWAY IN A FLASH

34% of all retail sales in Norway take place in shopping centres.

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To meet the requirements and expectations of our clients we constantly develop and upgrade our portfolio of properties. Currently 26 of our shopping centres are in the course of reconstruction and expansion.

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•the olav thon group

THE IMPORTANCE OF UPGRADING

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the olav thon group

SANDENS NOMINATED BY ICSC TO THE EUROPEAN SHOPPING CENTRE AWARDS 2010

2010

we are not only the largest. we are also the best.

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SANDVIKA STORSENTER AWARDED BEST NORDIC SHOPPING CENTRE 2010

AMFI ALTA AWARDED BEST NORWEGIAN SHOPPING CENTRE 2011

STORO STORSENTER AWARDED BEST NORWEGIAN SHOPPING CENTRE 2012

the olav thon group

•• •

2010 20122011

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HIGH STREET LOCATION

In addition to its shopping centres, The Olav Thon Group offers a large range of retail properties in Oslo and other major cities.

the olav thon group

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Z

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KHIGH STREET LOCATION

the olav thon group

the olav thon group KK

Karl Johans Gate in the centre and Bogstadveien to the west are Oslo's main shopping streets, and are home to international high-end brands, retail chains and national brands. The Olav Thon Group has attractive retail spaces in both areas, totalling 65,OOO sqm.

1.2 MILLION PEOPLE LIVE IN THE OSLO REGION.••

shopping centres, department stores and high street locations

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oslo offers a variety of shopping.KK

1.2 MILLION PEOPLE LIVE IN THE OSLO REGION.

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we have the most attractive location for your concept in oslo

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AKERSGATA

LILLE GRENSEN

GREN

SEN

STORTO

RV

E T

GRUBBEGATA

NEDRE SLOTTSGATE

ØVRE SLOTTSGATE

PRINSEN

S GATE

KIRKEGATA

KONGENS GATE

BISKOP G

UNN

ERUS GATE

NYGATA

STORGATA

TORGGATA

KARL JO

HA

NS G

ATE

11

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11

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THUNEALDO

A&CBENETTON

H&MHERMES

CARLINGS

MANGO

KAPPAHL

G-STAR RAW

BIK BOK

VOLT

KOMDOMERIET

STRESS

LMC

PANDURO

NILSSON SHOES

SYNSAM

INDISKA

CUBUS

TEKNIKMAGASINET

KROGH OPTIKK

URBAN

MARC BY MARC JACOBSVERO MODA

BOKLAGERET

MONKICUBUS

DRESSMANN

BIK BOK

BIANCO

H&M APOTEK

LEVI’S

MORRIS

HELLY HANSEN

WOW

SOLO

VERO MODA

JACK & JONES

H&M

INDISKA

ARK

CUBUS

DAV

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BIANCO

THE BODY SHOP

WALK ABOUT

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GRENSEN SKO

GINA TRICOT

BIK BOK

MQ

GLASMAGASINETAprox. 35 shops;including Nü bySta�, Container,Mikko and Wolford.

POSTHALLENDesigner stores;including FreudianKicks, HenrikVibskov, Leila Hafzi.

ARKADEN25 shops;including TGR,The Body Shop,Ka�ebrennerietand Session.

OSLO CITY90 shops and placesto eat; including:Starbucks, Oasis,KappAhl, Lindex,H&M, Esthetique.

MØLLERGATA

STEEN & STRØMAprox. 60 shops;Including Hermes,Polo Ralph Lauren,Burberry, Lexington,Michael Kors andGucci.

EGERAprox. 25 shops;Including Høyer,Tommy Hilfiger,G-Star Raw andNespresso.

65,000 SQM HIGH STREET LOCATIONS

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KZTHE OLAV THON GROUP OWNS A LARGE PROPORTION OF THE HIGH STREET RETAIL SPACES ON KARL JOHANS GATE AND OTHER ATTRACTIVE SHOPPING STREETS IN THE CENTRE OF OSLO.

the olav thon group

AKERSGATA

LILLE GRENSEN

GREN

SEN

STORTO

RV

E T

GRUBBEGATA

NEDRE SLOTTSGATE

ØVRE SLOTTSGATE

PRINSEN

S GATE

KIRKEGATA

KONGENS GATE

BISKOP G

UNN

ERUS GATE

NYGATA

STORGATA

TORGGATA

KARL JO

HA

NS G

ATE

11

1

11

11

1

11

1

1

11

11

11

21 5

14

15

33

23

11

11

15

11

51

51

12

11

55

111

1

1

11

1

42

1

1

2

2

1

5

2

6

6

6

6

6

6

P

T

T

THUNEALDO

A&CBENETTON

H&MHERMES

CARLINGS

MANGO

KAPPAHL

G-STAR RAW

BIK BOK

VOLT

KOMDOMERIET

STRESS

LMC

PANDURO

NILSSON SHOES

SYNSAM

INDISKA

CUBUS

TEKNIKMAGASINET

KROGH OPTIKK

URBAN

MARC BY MARC JACOBSVERO MODA

BOKLAGERET

MONKICUBUS

DRESSMANN

BIK BOK

BIANCO

H&M APOTEK

LEVI’S

MORRIS

HELLY HANSEN

WOW

SOLO

VERO MODA

JACK & JONES

H&M

INDISKA

ARK

CUBUS

DAV

ID A

ND

ERSE

N

MU

LBER

RY

LOU

IS V

UIT

TON

MO

OD

S O

F N

ORW

AY

BOSS

DRESSMANN

ZARA

WO

LFORD1

JOE &

THE JUICE SYN

SAM

BIANCO

THE BODY SHOP

WALK ABOUT

ESPIRIT

GRENSEN SKO

GINA TRICOT

BIK BOK

MQ

GLASMAGASINETAprox. 35 shops;including Nü bySta�, Container,Mikko and Wolford.

POSTHALLENDesigner stores;including FreudianKicks, HenrikVibskov, Leila Hafzi.

ARKADEN25 shops;including TGR,The Body Shop,Ka�ebrennerietand Session.

OSLO CITY90 shops and placesto eat; including:Starbucks, Oasis,KappAhl, Lindex,H&M, Esthetique.

MØLLERGATA

STEEN & STRØMAprox. 60 shops;Including Hermes,Polo Ralph Lauren,Burberry, Lexington,Michael Kors andGucci.

EGERAprox. 25 shops;Including Høyer,Tommy Hilfiger,G-Star Raw andNespresso.

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A high standard of living and travelling extensively have done something for

Norwegians’ eating habits.

COSMOPOLITAN OSLO

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"Oslo is to coffee what San Sebastian or Copenhagen is to food: it’s where you go to get your mind blown."

COSMOPOLITAN OSLO the olav thon group

•

OLIVER STRAND, Coffee specialist New York Times

w

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The average Norwegian house-hold spends € 3,300 per year on

home renewal (decoration, furniture, appliances etc.)

SOME 70 % OF ALL HOUSE-HOLDS HAVE A CAR AND AL-MOST A QUAR-TER HAVE TWO OR MORE CARS.

the olav thon group

facts and n

umbers Statistics N

orway

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€ 61,800 is the average annual salary for all employees

in Norway. The highest paid 10% have an average annual salary

of € 122,000.

Norway is among the countries with the highest number of recreational boats per capita.

the olav thon group

NORWAY HAS THE LOWEST UNEMPLOYMENT RATE IN

EUROPE AT 3.6%

THE AVERAGE NORWEGIAN HOUSE-HOLD SPENDS € 2,800 PER YEAR ON SHOES AND CLOTHING.

facts and n

umbers Statistics N

orway

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KTHE OLAV THON GROUP IN BRIEF■ Norway's largest shopping centre company■ Locations nationwide■ 6000 leases■ Solutions adapted to your needs■ Over 30 years of experience in operations and management ■ High levels of expertise in the retail sector■ Fast decision making■ A solid and serious partner for your concept

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KTHE OLAV THON GROUP IN NUMBERS (2012)■ € 1 billion turnover ■ € 500 million rental income ■ € 6.8 billion sales at shopping centres in Norway ■ € 800 million sales at shopping centres in Sweden■ 475 properties in Norway■ 25 properties abroad■ 3200 man-years

■ Norway's largest shopping centre company■ Locations nationwide■ 6000 leases■ Solutions adapted to your needs■ Over 30 years of experience in operations and management ■ High levels of expertise in the retail sector■ Fast decision making■ A solid and serious partner for your concept

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Stenersgata 2, Postboks 489 Sentrum,

NO-0105 Oslo+47 23 08 00 00

olavthon-shopping.com

amfi kreativ as | photo Frode Larsen, Nathan Lediard, Birgitte Lunde, Lars Mathisen, Trude Reiten, Sissel Ødegård, Scanpix, Johnér | facts and numbers Statistics Norway

halvor østerliProperty Manager

halvor.osterli@olavthon.noMob. +47 926 97 688Tel. +47 23 08 01 10

thomas rønningProperty Director

thomas.ronnig@olavthon.noMob. +47 913 29 730Tel. +47 23 08 01 22

lise lindProperty Director

lise.lind@amfi.noMob. +47 934 42 442

jørgen sollieProperty Manager

jorgen.sollie@olavthon.noMob. +47 970 81 680 Tel. +47 23 08 01 72

simen brekke olsenProperty Director

simen.brekke.olsen@amfi.noMob. +47 915 11 378

gry ingunn flataker Property Director

gry.ingunn.flataker@olavthon.noMob. +47 982 87 376Tel. +47 23 08 01 26