(P) MORE REAL ESTATE SERVICES * Your expert for commercial spaces in Bucharest

During this difficult economic period, the Retail segment is probably the most active in Romania. Many new retail projects are under development but also the High Street Retail is very active. MORE Real Estate Services knows this market segment very well. Through 2 different market studies, since 2008 the company has been carefully studying Bucharest, analyzing 70+ boulevards, 5.500+ commercial spaces and 1.800+ retail brands. To extend its in-depth expertise about commercial spaces, MORE has conducted 2 major market studies to date:

The “Bucharest High Street Retail Market” study, published in 2010, verified the evolution of prices for High Street Retail on 40 boulevards of Bucharest during 2008 - 2010. The “Old City Of Bucharest – High Street Retail Market” study, to be published in November 2011, focuses on the Old City area, which has become a major pole of attraction in recent years. “We have carefully studied the city, street by street, space by space, in order to understand its real potential and the mechanisms of the market. This is why we are able to offer customized services to our clients, knowing the potential of every area” says Grigoris Papageorgiadis, deputy CEO of MORE Real Estate Services. Customized services for property owners MORE has developed tailor made services for property owners, such as: • Representation of property / owner • Organizing the property’s documents. • Creating proper presentations and folders with documents. • Marketing the property, using also our network of 100+ collaborators • Targeting the “correct” tenant, by identifying the potential uses of the property and then matching them with the most appropriate potential tenants. • Consultancy / resolving problems. Specialized services for tenants and investors In the same time MORE benefits from its in-depth knowledge of the High Street Retail market in Bucharest and Romania and offers to tenants and investors a wide range of services: For tenants • A verified, weekly updated portfolio of spaces all around Bucharest. • Consulting on development strategy • Identifying the properties that suit your project • Representation • Property search upon specific criteria • Brokerage • Off market deals For Investors • Investment opportunities • Off market deals • Consultancy • “Post agreement – before transaction” arrangements The property experts of MORE Real Estate Services benefit from an unparalleled knowledge of the city of Bucharest. Coupling this with the vast network of reliable collaborators, enables MORE to advise and suggest an impressive portfolio of offers. Having studied thousands of properties and the way that these form several interconnected microeconomic networks in the commercial sector of Bucharest and other major cities, the experts at MORE go beyond the mere “announcement” that a property is available, but carefully select and propose a property, taking into consideration all the parameters that are specific to your own business plan. Let the MORE Real Estate team be a part of your next successful investment!