Argentum

Connected to a large residential complex, the Property benefits from the shared courtyard and garden Located adjacent to both the Field’s shopping centre and a parking facility, the Property enjoys easy access to parking. No parking is included in the Property itself. Managed by the tenants themselves, the mandatory tenant association runs all shared amenities including the reception desk, conference centre, canteen, refuse collection, bicycle parking and external cleaning and maintenance of the Property and the grounds.

KEY FINANCIALS As per 1 January 2018

Actual rental income, DKK p.a.

16,678,57

30,450

- hereof income from parking/antenna

Total operating costs, DKK p.a.

121,758

Operating cost budget 2017*

Tenants' share

Costs (DKK)

Gross

Net

Stabilised rental income, DKK p.a. (est.)

19,120,807

Site and building taxes

3,552,000 3,552,000

0

Refuse collection

180,000 180,000

0

- hereof vacancy rent

2,442,050

Property insurance

118,000 118,000

0

Contribution, owners' assoc.

271,500 271,500

0

Stabilised net operating income, DKK p.a.

Heating, water, electricity etc.

154,500 154,500

0

18,999,048

Cleaning, janitor etc.

327,000 327,000

0

FAI RWAY HOUSE

Alarm and surveillance

330,000 330,000

0

Facility Manager & common areas

228,000 228,000

0

15,662

Total GLA, sqm

HVAC, installations, elevator

286,000 286,000

0

- hereof o¢ce GLA

14,730

External maintenance (est. DKK 30 per sqm)

469,860 217,000 252,860

- hereof storage/ basement GLA

932

Property man. (est, 1.5%)

286,812

0 286,812

IN TOTAL

6,203,672 5,664,000 539,672

In total per sqm

396

362

34

1,899

Vacant space, sqm

Capital allocation for technical installations**

670,000 -335,000

Capital allocation for heating supply system**

165,828 -82,914

Public valuation (tax assessment value), DKK

273,000,000

Total including capital allocations

6,203,672 6,499,828 121,758

54,615,200

- hereof site value, DKK

*Information according to owner’s budget for 2017 ** Capital allocations are included with 50%

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