KTIMATIKI

International Real Estate Brokers, Appraisers & Consultants

Locally Owned. Globally Connected.

292 Kifissias Ave. Kifissia-Athens 14563 GREECE +30 210-623-4970 www.ktimatiki.gr www.corfac.gr www.corfac.com

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CORFAC International is one of the largest commercial real estate services organizations in the world and founded in 1989. U.S.-based CORFAC is comprised of privately held entrepreneurial firms with expertise in office, industrial, corporate services, multifamily, retail real estate and property management.

Mission and Vision Relationships Build Business

Mission: CORFAC International builds relationships among commercial real estate professionals and among their firms to create strong, well-managed, successful businesses and to foster an environment where brokers prosper by delivering quality services to their clients. Vision: CORFAC International is a dominant alliance comprised of entrepreneurial firms dedicated to providing superior commercial real estate services, led by principals who operate their businesses in an ethical manner, sharing a common respect and passion for their craft and a commitment to building prosperous relationships among their peers.

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One Organization Unlimited Reach

CORFAC International (Corporate Facilities Advisors, Inc.) is an organization of independently owned commercial real estate services firms with local, regional, national and international expertise throughout the Americas, Europe, Middle East, Africa and Asia Pacific. CORFAC firms represent Tenants/Buyers and Landlords/Sellers in delivering a full spectrum of commercial disciplines including Office, R&D, Industrial, Investment Properties, Land, Retail, Multifamily, Property Management, Property Consulting and Property Valuation services. Through its international relationships with FIABCI -- the International Real Estate Federation, Latin America Corporate Property Services Inc., BDI and Rios Commercial, CORFAC International has 80 offices in the Americas and market reach in 65 countries worldwide. CORFAC firm participation is by invitation only. Established in 1989, CORFAC operates differently than peer companies and organizations in that all multi-market assignments are directly co-managed by the client relationship broker and the collaborating broker without gatekeepers and corporate interference. Referred business is all done on an elective basis by the referring broker a significant client advantage that assures the best-in-class commercial real estate service provider from another market will manage transactions and deliver positive results with total accountability.

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One Organization Unlimited Reach

Professional Standards and Relationships Drive the Organization

CORFAC International boasts one of the highest percentages of Society of Industrial & Office Realtors (SIOR) designees, Counselors of Real Estate (CRE) designees, Certified Commercial Investment Members (CCIM) and Certified Property Managers (CPM) of any commercial real estate organization. CORFAC serves as a resource base for CORFAC firms and regularly hosts educational and training seminars, conferences and professional development events that focus on best-in-class business practices. Senior principals from CORFAC firms participate in many of its multi-market transactions. The organization operates with one individual as the single point-of-contact in every assignment. Through the trust, information sharing, respect and special relationships of the individuals belonging to CORFAC, member firms effectively serve clients in a sustaining and mutually rewarding manner.

Results and Rankings

In recent years, North American CORFAC firms have averaged 10,000 completed transactions annually encompassing nearly 1 billion square feet and valued at more than $16 billion. A Top 8 Ranked Most Powerful Brokerage Firm by Commercial Property Executive A Top 2 Brokerage Network by Commercial Property Executive A Top 5 Property Management Network by Commercial Property News A Top 12 Commercial Brokerage Firm by National Real Estate Investor A Top 12 Commercial Real Estate Brand by the Lipsey Company

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We Take it Personally. Anywhere and Everywhere.

KTIMATIKI
International Real Estate Brokers, Appraisers & Consultants Locally Owned. Globally Connected.
Corporate Facilities Advisors (CORFAC) is a Commercial real estate organization distinguished by the way it manages real estate assignments and Referred transactions on behalf of corporations, LLCs and high net worth individuals. The principals and professionals of CORFAC International and its strategic affiliates provide each business requirement with the specific attention and market expertise it deserves.

And regardless of the size and scope of the assignment, it is always on a personal level.

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KTIMATIKI CORFAC
Our International Real Estate NETWORK Locally Owned. Globally Connected.

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About KTIMATIKI REAL ESTATE GREECE

Company Background & Experience With 30 years of experience and being very dynamic, we have been evolving ahead of the market. With consistent growth in both clientele and transactions we are experts in local systems and processes. Effective in all market sectors. Industrial, Logistics, Portfolios, Investment, Commercial, Residential and Land. Our role: We believe in complete and close cooperation with our client. We guide our clients to the deal that offers him the best value. We propose alternatives, so client's objectives can be met successfully. Our way: Extremely well networked with governmental services, industrial and tourist (hospitality) Unparalleled with local and international business network, comprising of the biggest and most dynamic local and international companies. Full cooperation with banks, technical, financial and legal advisors. In depth knowledge of Greek and International real estate developments due to FIABCI status. Property valuation through past and present research for usage and materialization of proposed sites. Specialized and experienced staff. Active Market Data base from 1970. Our Capabilities: Bilingual communication skills: Greek-English Hardcopy and Electronic Format (PDF) Publishing State-of-the-Art Cash Flow and Lease Analysis Software (Argus)

Our Philosophy: To maximize value through innovative solutions via local and international expertise.
Our Clients: Believe in a cooperation based on results. Don't think of us as simple brokers or administrators but as their partners. They invest in our experience and knowledge. Clientele list is a true testament of our continuous progress.
Professional Association Memberships Royal Institution of Chartered Surveyors - MRICS International Real Estate Institute (IREI) National Association of Real Estate Appraisers Appraisal Institute (International) Associate membership The Hellenic Institute of Valuation (H.I.V.) ... FIABCI Hellas The International Real Estate Federation Athens-Attica Association of Realtors (M.A.S.) Federation of Realtors Greece (OMASE)

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A brief FIABCI Profile - www.fiabci.com

What is the International Real Estate Federation FIABCI? Business club of real estate professionals in 65 countries; Federation of 100 national real estate associations Special consultant with NGO status to the Economic and Social Council of the United Nations Organization (ECOSOC) FIABCI represents all real estate disciplines brokerage, property management valuation / appraisal property development and consulting lawyers insurers architects urban planner FIABCI represents all types of property Leisure, office, industrial, residential, retail, rural, investment opportunities, second homes developments, tourist projects, FIABCI is Global FIABCI is represented by chapters in 48 countries. FIABCI has five official languages: English French German Japanese and Spanish. FIABCI objective FIABCI is a non-political entity whose objective is to help its members add an international dimension to their businesses. FIABCI helps members acquire knowledge, develop networks and optimize business opportunities all over the world. We offer at least two international congresses a year We are a catalyst for our institutional members, promoting their courses, certifications and publications to our worldwide membership We propose international real estate certification in cooperation with FIABCIs Academic Member

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Valuation and Advisory CORFAC International Ktimatiki professionals know their markets, and are on call to provide the skills and historical data together with their recommendations base on present-day market conditions to position your properties. Our services are supported by our technology platform and database; enabling clients to receive market analyses and comprehensive studies. CORFAC International Ktimatiki will help you realize reliable valuations with prompt turnaround. We know that when a client receives the approval to evaluate or dispose of an asset or an entire portfolio, time is money. Thats why we emphasize the importance of speed, efficiency and accuracy when delivering our recommendations. Our advisory solutions help our clients optimize flexible and lowest-risk access to global markets, talent and cross-functional cost savings. As your trusted advisor, we work strategically with your other support functions such as IT, finance, HR, legal and purchasing. Our Valuation and Advisory Services: Market Analyses and Property Valuations Highest and Best Use Studies Adaptive Re-Use Studies Single Asset Valuations Hotel Valuation Portfolio Reviews and Valuations Bankruptcy Valuations and Turnaround Mergers and Acquisitions Valuation for Sale/Leaseback Auction Evaluation and Sales Potential Appraisal Reviews Lease and Cost Analysis Insurance Valuation Discounted Cash Flow Analysis Specialty Groups for Office, Industrial, Retail and Investment Properties Opinion of Value Lease Audits Benchmarking Studies Sarbanes-Oxley Compliance Lease Management

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Property Valuation
The ability to provide a professional and accurate Valuation Service relies upon a combination of the professionalism of our valuation consultants and the quality of available market information. A continuous market research program provides us with a broad scope of market knowledge, which allows us to provide a high level of service. As with many European Countries, Greece does not provide the legal framework for full disclosure and transparency on real estate prices and transactions. Therefore with the significant market fluctuations, valuation services by independent appraisers provide reliable information to all parties of the transaction ensuring to the buyer, seller, lender/investor that the price is at market value, or not, in order to proceed. Every valuation made by CORFAC International Ktimatiki, and Mike Vassiliou MRICS, meets the highest international standards. Our clients can therefore be satisfied that their valuations are prepared professionally. Our experience covers valuation of office, retail, industrial, residential, hotel and recreational properties. Major lending institutions, investors, builders and owners require the assistance of third-party impartial and knowledgeable professionals to report current market conditions and values in order to secure real estate assets and achieve maximum returns. Of utmost importance regards an accurate valuation to assist with the decision-making process. As a firm based in Southeast Europe, our Senior Valuation Consultants are experienced in analyzing and valuing a wide range of property types across Greece, Cyprus and the Balkan region. Professional valuation consultations offer more than value conclusion services; they add value to their clients professional judgment on potential future values, highest & best use analysis based on planning & zoning allowances, obsolescence analysis and alternative market based strategies. CORFAC International Ktimatiki team provides a fast and cost-effective service, which can be tailored to the needs of individual clients. Our valuation reports are prepared to International Valuation Standards and in accordance with the practice statements and guidelines of the Royal Institution of Chartered Surveyors (RICS). All valuations are market-based and carefully researched, and provide accurate forecasting of future value as well as current value. We consistently add value by identifying opportunities for tax efficiency and enhanced performance.

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Market Research, Forecasting & Consultancy CORFAC International Ktimatiki is committed to having a quality in-house market research department. The team of dedicated researchers provides customer specific analysis as well as general real estate related research. The research department publishes semi-annual reports on the development of the residential, industrial, retail and office real estate markets. The on-going research effort provides CORFAC International Ktimatiki with an excellent understanding of trends in the real estate market, and a firm basis for our semi-annual forecasts. The CORFAC International Ktimatiki Research & Forecasting Department provides expert advice and a wide range of specialist services including a property market forecasting capability, to clients. George N. Dussias with CORFAC International Ktimatiki has grown to become one of the leading and most established players in the appraisal market. Fundamental to his success has been his focus on providing personalized, research-based solutions to clients across a diversity of property sectors. His added value is in the ability to analyze, interpret and advise bringing together a broad combination of skills including economics, geography, and property planning and investment experience. Research for Greece Within CORFAC International Ktimatiki, we produce research reports in support of other departments and assist to promote and market the company as a whole. The annual Greek Economic Review along with local & regional sector rental maps and our quarterly CORFAC Ktimatiki Greece Market Reviews are just two of our growing list of publications, which now also include specialist sectors such as hotels, healthcare and motor trade. The research team also writes articles for the property press, gives radio/TV interviews, and speaks at conferences to raise the profile of the company. Experience and Consultancy to clients Since 2004, George Dussias is established in Greece. He has an enviable track record of providing value-added advice to a wide range of clients, including local & International developers, land owners, investment institutions and retailers. His strong reputation in the property field is reflected in his work for clients through regular repeat business and requests to act as an expert market analyst. We advise clients across a broad range of property sectors, subjects and geographies. Recent reports include economic studies, strategy plans, need/capacity assessments, location studies, feasibility and impact analyses and consumer/market research. His extended list of completed valuation reports includes large strategic foreign investors in the region, multinational companies, diplomatic missions, NGOs and individuals. All of them benefit day by day from our knowledge of the local market and our global scale of doing business. Our work ethic and a total focus on teamwork ensure the services provided to our clients are always delivered at standards that set benchmarks for our competition. All our team members subscribe to our in-house Code of Ethics, as well as guidelines put forward by CORFAC International Ktimatiki. CORFAC International Ktimatiki commits to every project with integrity, innovation and professionalism creating value for our clients.

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Mr. Mike Vassiliou, B.Sc, SCV, MRICS is the Managing Director/Principal of KTIMATIKI a CORFAC International office and continues to serve as President of FIABCI Greece, the International Real Estate Federation. He specializes in industrial and commercial properties, office relocation, investment and hospitality in addition to Valuation Advisory Consultation. With more than thirty years experience in full service real estate, Mike has consulted many multinational companies on the sale of their real estate assets and acquisitions in Greece. Mike has been president of FIABCI Greece 2006 to present and an NGO at the UN with FIABCI. He is also president of the conference committee. His extensive professional experience in the real estate market makes him adequate to his collaboration in Greece and abroad. As a real estate agent, he has contributed to the development of properties of multinational companies in Greece. At the same time he has contributed to the Greek and International real estate community due to his participation in local and international affiliations. His status as President of FIABCI Greece and ex. board member of FIABCI enable him to have the flexibility for international business promotion. His activity and active involvement in the Greek market give him the know how of local expertise of laws and by laws. His previous affiliation with NAI Global initiated him to the flexibility to cooperate on the international level with corporate clients. Education - B.Sc. (1980) Business Administration minor Management -Psychology American College of Greece DEERE Athens, Greece - S.C. (1979) Small Business Management Lander University Greenwood, S.C. - Diploma (1976) American Community Schools High School, Athens Greece Professional Affiliations & Designations & Awards - Royal Institution of Chartered Surveyors MRICS - Chamber of Professionals - President FIABCI Greece since 2006 (International Real Estate Federation) - FIABCI (Board member) F - FIABCI Delegate to the UN - International Real Estate Institute - Pan-Hellenic Federation of Real Estate Agents (Vice President) F - Federation of Industrialists and Merchants of Athens (Board Member) F - Confederation of Industrialists and Merchants in Greece (representative) F - President 2005 World FIABCI Congress Athens, Greece - FIABCI- Gold Medal Award 2005

Significant Transactions
Bank of Greece, Metaxa Distillery, BIC Violex, DIFA , Silver& Barite Co., Sanofi Aventis, DHL Lorac

CLIENTS
Allied Domecq Bank of Greece Berlonni Bunderus Europa Capital Fiat Auto Hellenic Bank J&P Development La Farge LAMDA Development Misko-Barilla Prologis Mitropolis of Thiva Piraeus Bank Silver & Barite Co. McArthur Glen BIC UCI Bank DIFA Danone Habitat Intersport Pepsi Metaxa Distillery P&G Odeon Cinema SATO Village Road Show TIM

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Mr. Kiriakos Kalimnios, SCV is the CEO of KTIMATIKI s.a. CORFAC International and specializing in commercial investment, brokerage, construction and valuation advisory services. Since 1994 where he began his professional career, he developed and sold almost 12 residential apartment buildings containing over 20,000 m2 and 150 residential units. He also negotiated the sale of over 15 land plot for super markets and over 15,000 m2 of office/retail shopping center space. Due to his extensive knowledge and his specialization of property and retail development Kiriakos company Riviera S.A. became a major player in the field of Big Box development. His portfolio includes the development of large super market buildings and later specializing in constructing residential, retail and leisure projects which his experience produced maximum successes. By managing the Riviera Group of Companies and its subsidiaries, along with the cooperation of associates, the group continues to prove capable of providing special usage properties and construction permits with speed and integrity. Kiriakos holds the SCV designation, Senior Certified Valuer, from the International Real Estate Institute (IREI). Kiriakos attended the American College of Greece where he studied Business Administration followed by the Xyni School of Technical Studies for Technician Construction Project management. He is a member of International Real Estate Federation FIABCI since 2004 and member of the PanHellenic Federal of Real Estate Agents since 2002 with continuous participation in domestic and foreign exhibitions and conferences. Prior to his career in construction and real estate he was owner of Socib Maritime S.R.L. with offices in Athens and Bucharest, where he was responsible for negotiating shipping, cargo transports and closing final contracts for five vessels in addition to his supervision of personnel and financial control of the entire company.

Projects: Residential & Commercial Building Locales Marousi Ellinikon Loutsa Halandri Holargos Porto Rafti Kifissia Varimbobi Parnassos

Clients: Marinopoulos markets Lidl markets Aldi markets Eurobank Marfin Bank Club Hotel Casino Loutraki Holy Monastery of Xenofontos Central Clinic of Athens

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Mr. George Dussias is the Senior Appraiser and Valuation Consultant for CORFAC International Ktimatiki Real Estate Greece. Beginning 1977 in Tucson, Arizona, Mr. Dussias first became a licensed real estate agent and appraiser beginning as a staff associate and advancing to chief appraiser/administrator with eventually establishing his own brokerage and appraisal company in 1984. George gained valuable experience in most facets of real estate including residential, commercial, industrial, vacant land sales and leasing. His additional business experience includes office management, marketing, research, analysis, communication, contract writing and negotiating as well as computer skills. Mr. Dussias has prepared over 10,000 appraisals for over 100 major lending clients and negotiated hundreds of real estate transactions. During his career, Mr. Dussias has been a successful businessman and consultant to hundreds of clients. He has considerable knowledge and experience in appraisal report writing, research, analysis, marketing, public relations, and coordination and business consultations. He received a Degree in Architectural Drafting, from Chicago Technical College followed by the State of Arizona Real Estate Sales License the State of Arizona Certified Residential Real Estate Appraiser License and a Real Estate Brokers License. For three terms (1992-1994) the Pima County Board of Equalization: Level B Property Tax Appeals appointed him to serve as a Land, Commercial and Residential Specialist, Hearing Officer during the Property Tax Appeal process which included over 2000 hearings. He currently is an Associate Member of the Appraisal Institute (International) and a Senior Professional Candidate member of the Royal Institution of Chartered Surveyors. In 1998, Mr. Dussias relocated to Greece, familiarized himself with the real estate market over the next few years, offered consultation and valuation services on a limited basis. He worked at Colliers International from 2004-2009 as the Senior Valuation Consultant, responsible for providing valuation, investment advisory and consulting services, in-house market data research activities and brokerage. He established EuroValue Consultants Intl Ltd in 2009. His professional affiliations include membership of the Hellenic Institute of Valuation, which is also part of The European Group of Valuers' Association (TEGoVA) and International Valuation Standards Committee (IVSO) and FIABCI.

Client List
HELLENIC BANK EKTASIS Development Hellenic Postal Bank AKTOR S.A. Bouygues Btiment International VODAFONE LAMDA Development Transerve Developers Mamidakis Group Kefalari AE Grand Chalet Galleon Asset Mgmt IKTINOS A.E. Clever Bank ELBISKO Club Med Condellis Deisel TOMEAS A.E. - FAIS MERCK S.A. Petros Petropoulos AEBE Philip Morris Ltd. Papastratos PASAL Development Praktiker RESDE Societe Generale Private Banking Babis Vovos International Construction Singapore Airlines Geniki Bank real estate Elias Barbalias Construction IXIS AEW Dolphin Capital Partners TEMES

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Expert Real Estate Investment & Valuation Advisory Services

Mr. Dimitris C. Papachristos, MBA, BSc, MRICS

Real Estate Valuation Consultant and Financial Advisor
Experience January 2012 Present - Ktimatiki CORFAC International MRICS Valuation Consultant & Financial Analyst March 2011 Present F.V.A.T. Advisory s.a. (Financial Valuation Auditing Taxation), MRICS Independent Valuation Consultant May. 06 March 2011 Colliers International (Hellas) Ltd. - Head of Valuation Engaged primary in the formation, organization and development of the Companys valuation department, Investment Consulting and Advisory Services ICAS. Furthermore, my responsibilities focusing in the promotion of general valuation and advisory services and generating sales. Finishing projects of a total turnover for the Company > 900,000 for the first year of the departments operation. Performing valuations, appraisal studies, highest & best use analyses, feasibility studies. Compiled investment studies for SPVs dealing in the real estate sector and tourism. Valuations for the Implementation of International Financial Reporting Standards (IAS/IFRS). Providing advisory support. Jun. 01 Apr. 06 American Appraisal (Hellas) Ltd. - Head of Business Valuation Performing company and asset valuations for mergers, acquisitions, privatisation, IPOs, tax and insurance purposes (value over 15 billion), due diligence support, IAS transition. Conducting specialized financial models as part of creating and evaluating business plans and financial proposals. Engaging in several projects in the areas of financial services, strategy formulation & reorganization, strategic planning, as well as project management. Developing business plans for corporations operating in various industry sectors, feasibility and viability studies for businesses and real estate, performing market research & analysis. Compiled and analysed information on cash flow generation, capital structure and budgeting. Implementation of International Financial Reporting Standards (IAS/IFRS), developing and auditing financial statements. Providing advisory support for major clients in the public and private sector. Jun. 93 Dec. 00 Sunshine S.A. (Imp.-Exp. Food Products) Manager (Part-Time, Operate the family business) Engaging in the exporting of fast moving consumer goods - food products in European & North American markets. Participating in promoting, marketing and selling of products. Performing market research, demand and supply analysis. Developing the export strategy for the companys product portfolio. Academic Education University of La Verne, School of Business & Economics Athens, GR Master in Business Administration (MBA), Emphasis in Finance Coventry University, Coventry Business School Coventry, UK BSc (Hons) in Business Administration, Emphasis in Marketing Klagenfurt University Klagenfurt, Austria Diploma in Applied Business Economics Languages Greek (1st Language), English (fluent), German (fluent) Seminars International Accounting Standards & International Valuation Standards, IAS/IFRS, Business Valuation, Valuation of Intangible Assets, Mergers & Acquisitions Transformation and Reorganization of Companies American Society of Appraisers BEV 1&2. Other Qualifications User of MS Windows 9x/2000//XP, programs: Word, Excel, Access, Power Point, Outlook, knowledge of various accounting software applications like Singular, auditor and financial advisor in private held companies. Memberships from PrCert ((PrCAV- 05315), Hellenic Valuation Institute, Economic Chamber of Greece (OEE 65340), Accounting Licence First Grade (28765), Economist Licence (29552), Member of the Greek Body of Sworn-In-Valuers (S.O.E.) for translating the International Valuation Standards. Affiliations Royal Institution of Chartered Surveyors, MRICS American Society of Appraisers Candidate Member Hellenic Valuation Institute Economic Chamber of Greece Certified Business Valuer Licensed A Grade Accountant Member Greek Body of Sworn-In-Valuers for translating the International Valuation Standards

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Expert External Associate

Eugene Tassopoulos M. Sc., Civil Engineer, NTUA, Appraiser-Valuation Consultant
2009 Technical Olympic Group of Companies Project Manager in the Real Estate and Development Department. 2007 Quality Living Developers s.a. (Technical Olympic Group of Companies) Civil Engineer in the Real Estate Development Dept of the group for the development of 300,000 square meters residential and commercial projects in Romania. 2005 Colliers International Project Engineer for Southeast Europe Real Estate Valuations Commercial, Industrial, Land, Development Responsible for the preliminary quantity/cost surveying and member of the development advisory team of 65,000 square meters shopping center in Athens. Project Manager for the first Business Park in Tirana Albania. Responsible for the Development Advisory Services for commercial and residential resort projects in Attica Prefecture. 2005 Consortium ELTER s.a. Max Streicher GmbH Site Manager/Engineer and Quality Engineer for the construction project Detail engineering, procurement, installation and putting in operation nine 70/19 bar pressure Metering and Regulating (M/R) Stations for Natural Gas (DEPA s.a.) 2004 ELTER s.a. Project Manager for the construction project Additional works at the port of Katakolo. 2004 ELTER s.a. Project Manager for the construction project: Medium Pressure (19 Bar) Network Connection of Natural Gas in Northern Athens Industrial Zone 2002 J/V Thessaliki s.a.Elter S.A.Michanki s.a.Chr. Konstantinidis s.a. Site Engineer for the construction project Reformation of Faliro Bay (Beach Volley Olympic Games 2004) Scheduling, Controlling and Overview construction works (Maritime, Structural, Transportation Works), Topographical support of the project. Participation in team for over viewing time planning and cost reporting. Cost protocols according to the Greek Law NOTABLE VALUATION ASSIGNMENTS SINCE 2004 BVIC portfolio of 55 properties and of a market value of 1.2 billion Euros. Dolphin Capital Partners portfolio exceeding 1 billion in value. Temes s.a. Hotel & Golf Resort land bank sites in Messenia value exceeding 1.2 billion Aristo Developers s.a., a Cypriot firm with over 700 residential home sites, villas, apartments and commercial properties in Cyprus and Greece totaling over 543 million Numerous & Various land, industrial, hotel and office valuation reports. Education Piraeus University, PhD Candidate Subject: Public Private Partnerships in infrastructure construction / development projects risk assessment . Brunel University of West London, M Sc. Financial Economics with distinction National Technical University of Athens (NTUA), Department of Civil Engineering (field: Structural Engineering) Affiliations Member of Technical Chamber of Greece Additional Skills Operation of Computer Systems: Microfit Econometrical Package AutoCAD Prost Topographical Package Arc View Geographical Information Systems Microsoft Office 2000 & XP (Word, Excel, PowerPoint), Mail, Internet

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Expert External Associate

Mr. Gabriel Gabrilakis, Hospitality Professional

Mr. Gabrilakis, is our Holiday Estate Freelance Consultant who specializes in Hotel and Holiday Estate sales for the Island of Crete. His over 30 years of experience in marketing and sales, in managerial positions for Holiday Resorts and Hotels, gives him the unique insight and risk analysis ability to provide all the needed market information to our estate network. Since the early years he has been involved in various sales activities in USA and U.K. Additional knowledge in marketing, sales and communication was obtained from CDT College and the extra mural studies Department of London University.

Gabriel entered the hotel sales trade with Grand Metropolitan Hotels U.K and joined the management team of the Grand/Met Porto Carras complex in Chalkidiki as commercial sales manager for many years. Later on, obtained the position of Sales manager in known Holiday resorts, Hotel Chains and Tourism companies such as Helios group, Nouvelles Frontieres [French tour operator] as operations director for Crete , Iberostar International Hotels , Grecotel hotels chain , Aquila Chain of Hotels .
Specialties Hotel promotion services such as long term rentals, commercial sales, marketing and contracting . Organizer of congress and company incentives, special and tailor made events . Skills & Expertise Hotels, Hospitality, Congress Organizer, Company Incentives Programs, Tailor Made Events, Eco-special Events, Hotel Contracts Associated with: HAPCO [Hellenic Association of Professional Congress Organizers] SKAL.org Int/nal [International Association of Travel and Tourism Professionals] LIONS Clubs International Foundation www.LCIF.org

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Expert External Associate

Mr. Sotiris Bletsas, architectural office, since 1983, specializes in the designing and construction of private and public technical projects, the issuance of building permits and the legalization of arbitrary constructions. With a remarkable rapid growth in the construction sector and a broad range of activities, Sotiris Bletsas Architectural Studio undertakes any project in terms of designing), constructing and real estate development. The vast number of projects undertaken is evident of the complete construction quality as well as the high level of commitment and consistency towards the client. Armed with innovative ideas and technical know-how, BLETSAS ARCHITECTURAL STUDIO is ready to cover any construction need relevant to the most recent techniques of processing and resolving technical and development projects. Specialized in processing and resolving complex construction problems, the company has acquired considerable experience and expertise and has risen to be one of the most innovative and competitive companies in the construction sector. The high level of know-how implemented by BLETSAS ARCHITECTURAL STUDIO has been acquired through a broad range of successfully completed projects, covering a vast technical field. Year: 2010 LIDL GREECE SUPER MARKET Ground Floor Super Market. Location 1: Friderikou Smith 37 & Delakroua, Neo Kosmo, Athens. Location 2: Paiania, Athens Location 3: Palaio Faliro, Athens Location 4: Likovrisi, Athens DIMITRIOS LIBERIADIS Internal layout design study and fronts repair (3 rd floor). Location: Fragkoklisias 47, Marousi, Athens. GRATSIAS & SONS S.A: Addition of one garage in the basement level and part of the ground-1st floor. Location: Agia Paraskevi, Attiki. KARELA A.E. Technical Consultancy for Office Building and handcrafted audio, video and computer tools Offices. Location: Paiania, Athens. ERMITEX Change detailed design study for Office Buildings and Offices. Location: Varis Koropiou Avenue, Athens. Arbitrary and Semi-Open Construction Legalizations for 60 customers. Year: 2009 SHOP & TRADE SA. Energy Efficient Study for an Office Building and Offices with a ground floor super market and 2 basements. Location: Tavros, Athens ALDI GREECE SUPER MARKET Detailed Design Study for two Super Market Stores. Location: Patra and Peiraios Avenue. MARFIN BANK Issuing of Small Scale Permit for an Office Branch. Location: Agia Varvara, Attiki. Year: 2008 ALDI GREECE SUPER MARKET Ground Floor Super Market. Location: Lamia. ARKTIKI SA Detailed Design Study Supervision of an Office Building Demolition and Addition of a 5-storey Office Building with Basement. Location: Tavros, Attiki MAKEDONIKI SA Trading Centre consisted of two Buildings. Location: Mikra, Thessaloniki FFG PLATINIUM SA Addition of 2 basements and 4 Floors Change of Property Use & Legalization of Semi-Open Spaces. Location: Moschato, Attiki GAVALAS SA Construction of an Office Building, Logistics and Production Unit Location: Paiania, Attiki PAPAZAFEIROPOULOS & XALKIADAKIS SA Renovation of a Preserved Building Location: Mitropoleos Road, Athens

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Expert External Associate

KFA Detailed Interior Layout Study for ground and first floor. Location: Athinon Avenue, Athens. CITI BANK Combining of two stores into one, interior layout design and reinforcement of the buildings bearing capacity. Location: Agia Paraskevi, Athens. ALDI GREECE SUPER MARKET Detailed Design Study for 3 Super Market Stores. Locations: Lamia, Tavros Athens-, Thermi (Thessaloniki). MARFIN BANK Issuance of Small Scale Building Permit for its 2 Branches. Location: Spata, Nea Philadelpheia, Athens. VEROPOULOI BROTHERS, SA Issuance of main use certification for its store. Location: Agioi Anargiroi, Athens. KLEPIERRE SA (CAREFOUR) Change in the interior layout of the ground and first floor in a 2-storey building with two basements. Location: Athinon Avenue. EUROBANK PROPERTIES Excavation Study and Backing Study. Location: 25th Martiou-TeoThessalonikis Road, Tavros. F. NAKAS SA Addition of a 2-storey warehouse. Location: Paiania, Attiki EUROBANK PROPERTY Detailed Design Study for a ground floor Office Building Offices with three basements (Revision of its 5/08 Construction Permit and Issuance of a new one due to changes in the use). Location: Tavros, Athens TSIXRITZIS KONSTANTINOS Addition of two floors in an existing construction with pilotis and construction of a closed parking space. Location: Petroupoli, Athens. MUNICIPALITY OF ERITHRES Conversion of Hellenic Air-Force Camp into a Health Care Centre. Location: Erithres, Viotia. Year 2007 ASSOCIATION of GREEK CONTRACTING COMPANIES (TRIKAT) Construction of a 3-storey-building with basement and pilotis. Location: Nea Philothei, Attiki. KARAMANLIS ACHILLEAS Construction of a 5 two-storey Residences with pilotis and basement. Location: Anavissos, Attiki. LIMENODOMIKI SA Construction of a two-storey residence with pilotis and basement. Location: Saronida, Attiki. LIMENODOMIKI SA Construction of two 2-storey residences with pilotis and basement. Location: Saronida, Attiki METAXAS SPYRIDON Construction of a 6-storey building with pilotis and three basements. Location: Peiraius, Attiki XATZIMIXAIL ANTONIOS & MINAS Construction of a ground floor Shopping Centre. Location: Kos Island. ASSOCIATION of GREEK CONTRACTING COMPANIES (TRIKAT) Construction of a Residence Complex with pilotis and basements. Location: Rafina, Attiki. NOE METALLIC CONSTRUCTIONS SA Repair and Layout Design of 3 Preserved Buildings and addition of a 4-storey construction with two basements. Location: Moschato, Attiki. METAXAS SPYRIDON Construction of a 7-storey building with basement. Location: Peiraius, Attiki. LANTHIMOS Construction of a two-storey residence with pilotis and basement. Location: Zefiri, Attiki. AUSTIN INTERNATIONAL SA Detailed Design Study of 3 preserved buildings. Location: Moschato, Attiki TIRANA (ALBANIA) Detailed design Study for placement of 10 blocks of flats in Tirana. Year: 2006 GEORGANTAS ILIAS & OLGA Detailed Design Study of a two-storey residence. Location: Astros, Kinourias. XENODIMITROPOULOU CONSTRUCTIONS COMPANY Study and Design of a 3-storey complex residence. Location: Kifisia, Attiki PAPADOPOULOU ALIKI Study and Design of a 2-storey residence. Location: Vrilissia, Attiki. ASSOCIATION of GREEK CONTRACTING COMPANIES (TRIKAT) Study and Design of a 3-storey building. Location: Nea Filothei, Attiki. MINISTRY OF EDUCATION Supervision of the construction of an Office Building For Athens 2004 Olympic Games (Press Village) and conversion into a building which houses the Ministry of Education, Lifelong Learning and Religious Affairs. POSEIDON SA. Construction of a 4 Residence Complex. Location: Barkiza, Attiki CONSORTIUM OF CONSTRACTORS Construction of a 4-storey Building. Location: Paradeisos Amarousiou, Attiki. Year: 2005 SKOULIKAS & ASSOCIATES S.A. Detailed Design Study of an 8-storey Office Building with Stores and 4 basements. Location: Liosion Avenue, Attiki. LIDL GREECE & ASSOCIATES SA Study and Design a 2-storey Food Market (Location:Paiania) Study and Design a 2-storey Food Market (Location: Tavros) Study and Design a 2-storey Food Market (Location: Gerakas) Study and Design a Ground Floor Food Market (Location: Agios Stefanos) Study and Design s Ground Floor Food Market (Location: Nea Ionia) N.LELOUDAS Study, Design and Supervision of a 4-storey Building Location: Styra. AP. & AR. ROUFANI ASSOCIATION Supervision of a 6-storey building. Location: Galatsi, Attiki AP. ROUFANIS Study and Design of a 4-storey BuildingLocation: Drapetsona.

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Expert External Associate

Year 2004 K. KALIMNIOU & ASSOCIATES SA Supervision of a 7-storey construction. Location: Drapetsona LIDL GREECE AND ASSIOCIATES SA Detailed Design Study and Supervision of a 3-storey Food Market Location: Agia Paraskevi Detailed Design Study and Supervision of a ground floor Super Market Location: Porto Rafti Detailed Design Study and Supervision of a ground floor Super Market Location: Spata KAPIDOU DESPINA Detailed Design Study of a Residence Complex Location: Island of Serifos K. KALIMNIOS Detailed Design Study of 2-storey Residence Complex Location: Arahova LIDL GREECE AND ASSOCIATES SA Detailed Design Study, construction and supervision of a ground floor Food Market Location: Nea Ionia, Attiki PMS PISMISIS SA & SMART DEVELOPMENT SA (TOYOTA) Detailed Design Study of an Office Building and Logistics Unit with basement. Location: Aspropyrgos, Attiki. GAR. XENODIMITRAKOPOULOU & ASSOCIATES SA Detailed Design Study of a 3-strorey construction Location: Kifissia, Attiki. Year: 2003 TRIKAT ASSOCIATION, GEORGANTAS, DIMOPOULOS, BLETSAS Detailed Design Study & Supervision of a 3-storey construction. Location: Melissia, Attiki. TRIKAT ASSOCIATION, GEORGANTAS, DIMOPOULOS, BLETSAS Detailed Design Study & Supervision of a 4-storey construction. Location: Chalandri, Attiki Year 2002 POSTAL SAVINGS BANK Detailed Design Study and Supervision of the construction Locations: Xios, Akti Miaouli, Levidi, Kallithea, Keratsini. SPORT CENTRE Construction of Food Area Space, Medicine Offices, Offices and Storage Room. Location: Cholargos, Attiki. KEA SA Detailed Design Study of a 3-storey construction Location: Panorama Liosion, Attiki. I &A MANTIS, AI & N. PEROUNAKIS Supervision of a 2-storey construction. Location: Island of Milos I. KIPRIOTAKIS Detailed Design Study of a 2-storey Food Store Location: Aigaleo, Attiki Year: 2001 X & L & T. KOUKI Detailed Design Study and Supervision of a 2-storey residence Location: Ekali, Attiki P. PANOUTSOPOULOU & S. KOZAMI Detailed Design Study and Supervision of 5-storey construction Location: Peiraius, Attiki Z. THEODORA Supervision of a 3-storey construction Location: Vrilissia, Attiki MANTINEIA S.A. Layout Design Study of a Residence Location: Poseidonos Street, Peiraius Year 2000 MUNICIPALITY OF CHOLARGOS Design of a median and construction of two small football courts Location: Tsakos Hill, Cholargos SOTIRIOU SA Construction of a Furniture Factory Location: Aulona, Attiki RIVIERA SA Detailed Design Study and Supervision of two 5-storey constructions. Location: Kifissia, Attiki. AT. XENODIMITROPOULOS Detailed Design Study and Supervision of a 4-storey construction Location: Neo Irakleio, Attiki. S & A GANTZOULAS Detailed Design Study and Supervision of two constructions Location: Chalandri, Attiki. AT. XENODIMITROPOULOS Detailed Design Study of a 4-storey Construction Location: Terpsixori Street, Attiki. Detailed Design Study of a 5-storey Construction with Pilotis Location: Polemi & Kipriadou Street, Attiki. Detailed Design Study of a 3-storey construction with Pilotis, Basement and Flat Roof. Location: Patraki Street, Attiki. ROMANIA BUCHAREST Detailed Design Study & Construction of a Residence Complex. PROJECTS from 1983 to 1999 can be found at: www.sotirisbletsas.gr

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Expert External Associate

Mr. Michael Andrianos, ESQ, Attorney-at-Law, received his Law Degree in 1982 from the ARISTOTLE UNIVERSITY OF THESS.A.LONIKI Law School and in 1985 studied at the UNIVERSITY OF LONDON UNIVERSITY COLLEGE LONDON (U.C.L.) LONDON SCHOOL OF ECONOMICS (L.S.E.) International Business Transactions, Monopoly and Competition Law, Law of European Institutions 2010 Managing Director NetOne SA (Luxembourg) Senior Associate Sciens Holdings SA 1999 2008 Legal Counselor of the Real Estate Group of Companies of Piraeus Bank S.A. [Managing and supervising 19 legal entities, 2 of which listed in the Athens Stock Exchange (ASE)] Responsibilities: Planning and implementing business and corporate plans for the introduction and operation of Piraeus Bank S.A. in the Real Estate sector, both in Greece and abroad. Establishing, organizing, operating and monitoring of the business structures and the legal entities activated not only in the Real Estate sector, but also in other affiliated sectors, both in Greece and abroad. Participating and advising management of the group of companies with the decision making process, regarding the valuation of projects and business plans, and also implementing and monitoring them. Planning, organizing, implementing and supervising of all legal issues of the Real Estate Group of companies, which, in summary and among others, also comprised: Projects processing and evaluation Negotiating, structuring, drafting and execution of contractual documentation on all kinds of acquisition, development, management and exploitation of real estate property, followed by monitoring the good execution of the said contracts, such as:
Investment, Financing and acquisitions Tax fund structuring Development and construction Contracts of long-term leases / concession agreements / asset and property management Lease agreements, commercial contracts (e.g. provision of property & facility management services, franchising, advertising and websites development, concession of industrial and copyrights) Commercial cooperation agreements (CCAs)

Negotiating, structuring, drafting and execution of contractual documentation on development and project construction (such as, project management, construction management, disposal), cooperation, partnerships, syndications Structuring and implementation of real estate development projects (planning, land organization) Structuring, drafting and execution of Management and Operational Guidelines of shopping centers and Compliance Manuals, A non-exhaustive list of projects comprises the following:
Military Pension Fund / City Link, Athens ATTICA Department Stores, Athens Kosmopolis Park Kosmopolis Residence Spiliopouleio Institution

Participating in project management teams for the submission of proposals and the participation in biddings, in relation to the provision of adviser services and proposals of development, management and exploitation of real estate property to third parties, such as:
The Ecumenical Patriarchate of Constantinople, The Electricity Public Company (DEI), The Piraeus Port Organization (OLP), Patriarchate of Alexandria PPP projects, etc.

Expert Real Estate Investment & Valuation Advisory Services

Expert External Associate

Supervising the provided advising services and proposals to the third parties. Implementing, monitoring and complying with the legal framework of the companies listed in the ASE, which among others comprised: the -as per the prevailing stock exchange laws- legal structuring and implementation of corporate transformations, such as Mergers and acquisitions and Share Capital increases the compliance with the stock exchanges legal framework, the decisions and rulings of the Capital Markets Committee. Investigating into and reviewing the legal framework for the establishment, structure and operation of real estate companies (developing, managing and exploiting real estate, but also providing advising services in this sector) abroad, followed by the implementation and the monitoring of the said legal work. Countries of interest: Egypt, Bulgaria, Ukraine, Romania, and Serbia Proposals and discussions on the implementation of the legal framework, regarding the establishment of collective investments (REIC) in real estate property. In particular: Responsible of the participation and representative of Piraeus Bank in the Hellenic Bank Association think-tank on the review and amendment of the legal framework for the establishment, management and operation of Real Estate Mutual Funds and Real Estate Investment Companies (R.E.I.C.)(Law 2778/1999), Responsible in the planning and the implementation of the establishment, structure, operation and development of the first R.E.I.C. in Greece, by Piraeus Bank (Piraeus R.E.I.C.), Responsible for the legal obligations of Piraeus R.E.I.C., Delegate of Piraeus R.E.I.C. to the ASE and the Hellenic Capital Market Commission, Responsible for the preparation and drafting of the Piraeus R.E.I.C.s IPO information package. Managerial Positions / Member of the BoD of the following legal entities : Piraeus Prodefin Holding S.A. Piraeus Botifin S.A. Piraeus Redfin S.A. GEKA S.A. LAKKOS MIKELLIS PROPERTIES Ltd. Piraeus Real Estate Investment Company (R.E.I.C.) Piraeus Real Estate S.A. PICAR S.A. (City Link) Residential Development of Komotini S.A. (OAK S.A.) ELEKTRA S.A. GREATING S.A. ND Development S.A. PH Developing S.A. Piraeus Buildings S.A. Piraeus Development S.A. Piraeus Developer S.A. Piraeus Property S.A. P Parking S.A. Multiconstruction S.A. 1986 1999 Provision of services under the following capacities: General Manager of KINITRO S.A. Technology in Construction, Construction Company (Research, Development and Implementation of New Technologies in Integrated Building Structures) / 1996 1999. Project Manager of the Structured Residential Development of D.E.PO.S. (Public Enterprise of Urban Development) , in the prefecture of Rodopi / 1997 1999. Project Manager and Special Adviser of the construction of Building 97 (the very first management building unit built on the AIA site) at Athens International Airport. Project Manager and Special Adviser of the network of companies activated in the Development of Pre-Constructed Integrated Building Unit Materials. Special Adviser of the MARESHOL EC Program. Provision of services as a free-lancer, in relation to various cases, such as: Commercial, Business and Economic Law, Mergers & Acquisitions, Investments and Capital Funds, Banking Law, Stock Exchange, Competition to several individuals and legal entities, such as O.T.E. (Greek Telecommunications Organization, Department of International Contracts), Famar Marinopoulos S.A., DELTA, Abbot Laboratories etc..

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A brief profile of - International Real Estate Institute (IREI) www.irei-assoc.org

Founded in 1975, the International Real Estate Institute (IREI) - with members in over 100 nations - is the world's largest international real estate association. It is dedicated to the advancement of the real estate profession and providing the most current global real estate information possible.

The International Real Estate Institute has been dedicated to the advancement of the real estate profession since 1975. The primary objective of the International Real Estate Institute is to provide professional recognition and a method to easily network with real estate professionals both internationally as well as within your own nation. IREI is also committed to providing the most current international real estate information possible through various publications and conferences.
The International Real Estate Institute has earned the credibility and public trust one needs when affiliating with a professional organization. The association's Code of Ethics, to which every signatory must adhere, gives the industry the assurance it needs when working with a designated IREI member. Among the primary objectives of IREI are the professional recognition and ongoing education of its membership. Through news bulletins, real estate guidelines, regulatory updates and legislative monitoring - as well as educational seminars and conferences - the association is committed to providing the most current information available. IREI offers both a valuable networking tool and an unrivaled opportunity to stay on the cutting edge of developments in the real estate industry internationally. IREI holds a Consultative Status with the United Nations Nations Unies IREI is a true international association bringing together investors, developers, managers and valuers for creating worldwide transactions. IREI's global network assures that its members are up to speed on important trends in real estate around the world.
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Office LOCATION
292 Kifissias Ave & Tzouna St. Kifissia, Athens 145 63 GREECE +30 210.623.4970 www.corfac.gr www.ktimatiki.gr ktimatiki@ktimatiki.gr

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