COMPANY PROFILE

Overview
With offices in London and Munich, Laurus Property Partners is a leading Pan-European real estate finance boutique providing
strategic and creative financial solutions for real estate owners and investors across all sectors of the property market.

The real estate capital landscape continues to become increasingly complex and fragmented and our team has a network of more
than 300 domestic, European and international capital sources with longstanding relationships with key decision makers in each
organisation.

Laurus Property Partners has a demonstrable track record of structuring, sourcing and executing senior, mezzanine and whole
loans as well as preferred and JV equity transactions. Deal structures include acquisition, development and bridging financing as
well as refinancing, recapitalisation and equity cash out situations. The strength of our relationships with capital providers and
deep understanding of their lending and investment parameters also position us well to assist clients with the restructuring of non-
performing loans.

The firm is managed by Oliver Richter, Matthias Dahmen and Andrew Wheldon, who together have over 50 years of industry
experience and have closed in excess of £12 billion of transactions across multiple asset classes and European jurisdictions.

REAL ESTATE LAURUS SERVICES FINANCING

• Asset class • Property underwriting • Corporate structure

• Location (city and submarket) • Cash flow modelling • Borrower jurisdiction
Deal Analysis
Property

General

• Lease profile and vacancy levels • Deal structure and terms • Purpose of financing
• Operating expenses • Financing memorandum • Type of capital
• Technical condition • Presentation of client platform • Capital structure
• Market value and ERVs • Selection of potential financiers • Closing timeline

• Operating platform • Professional lender approach • Term of financing

Capital Sourcing

• Track record • Meetings with capital providers • Cost of capital (fees/margin)

Sponsor

• Asset management • Competitive process • Amortisation profile

Terms

• Property management • Lender/investor questions • Covenants

• Letting team • Process management • Events of Default
• Legal counsel • Optimization of deal terms • Conditions Precedent

• Investment case • Term Sheet negotiation • Term Sheet

Documentation

• Project budget and timeline • Support during approval process • Loan documentation
Business Plan

Execution

• Target returns and hold period • Due diligence process • Security documents
• CapEx and Tenant Incentives • Contract negotiations • Hedging agreements
• Exit assumptions • Conditions Precedent • Intercreditor Agreement
• Disposal strategy • Management of closing process • Reporting

Laurus Property Partners offers the highest quality fund raising and execution in the market.
The entire team consists of former principals with extensive direct lending and investment experience.

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Management

Oliver Richter – Managing Partner

Oliver is a founding partner of Laurus and has extensive experience in European real estate structured finance, private equity
and distressed debt. He has held senior positions at Deutsche Bank’s Commercial Real Estate Group in London, DLJ Real
Estate Capital Partners in London and Merrill Lynch in both London and New York, where he was responsible for originating,
underwriting and closing European real estate transactions. Oliver has closed more than 100 transactions with a combined
volume in excess of £5 billion.

Matthias Dahmen – Managing Partner

Matthias has significant experience in the European real estate private equity and capital markets industry, including proven
capabilities in investor relations and fundraising. He has 15 years of industry experience and has closed transactions totalling
£3.5 billion. In advance of launching Laurus, he spent 6 years at DLJ Real Estate Capital Partners, where he was responsible
for sourcing, underwriting and executing pan-European transactions. Prior to this, Matthias was an M&A banker at J.P. Morgan’s
investment bank.

Andrew Wheldon – Managing Director

Andrew heads the UK and Ireland business and has held senior positions at the Royal Bank of Scotland, Lloyds Banking Group
and CBRE Capital Advisors in London and has closed over £3.5 billion of financings. He has an 18-year track record of originating,
structuring and executing transactions across all real estate asset classes in the UK and Ireland, both as a lender and capital
advisor. Andrew holds an MBA in Real Estate from the University of Reading, is a Fellow of the RICS and is a member of the Urban
Land Institute’s Residential Council.

Lynn Gilbert – UK Senior Advisor

Lynn has more than 30 years of experience in the UK real estate industry and is currently a Non-Executive Director at G15 housing
association, The Hyde Group (Member of the Group Board, Treasury Committee and Chair of the Group’s Investment Committee).
Between 2013 and 2018, Lynn was Head of Origination and Member of the Investment Committee at M&G Investments, responsible
for the firm’s senior and junior debt investment funds. Prior to M&G, Lynn successfully established and led market-leading real
estate finance businesses at Société Générale, Morgan Stanley and Barclays.

Advisory Board

JOHN NACOS ROLF ELGETI MICHAEL KOVACS

Former Global Head of CRE Chairman Supervisory Board Founder/Managing Partner

Deutsche Bank TAG Immobilien AG Castleforge Partners

Joined Advisory Board 2014 Joined Advisory Board 2014 Joined Advisory Board 2017

PROF. ANDREAS FAY RAINER THALER

Chairman Advisory Board Managing Director

Fay Projects GmbH Investa Holding GmbH

Joined Advisory Board 2015 Joined Advisory Board 2017

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Selected Client Testimonials

“We mandated Laurus Property Partners for five transactions during the last 18 months and look forward to working with the
Laurus team in the future. We were particularly impressed by their structured finance know-how and ability to run competitive
processes for complex transactions, including negotiation of term sheets and loan documentation.”

Head of Transactions Germany – Global Investment Management Firm

“We’ve worked with the team for over 15 years. Always delivered. Most recent financing was very complex and they ran an
incredibly thorough process, with the result exceeding our expectation. Sharp. Thoughtful. Committed.”

Founder & CEO – Pan-European Investment Firm

“It was a pleasure to work with Laurus Property Partners. They assisted us greatly by sourcing several competitive financing
terms for a complicated acquisition in a short time frame. We were impressed by their deep market knowledge and ability to
utilize their high level relationships to our benefit.”

European Head of Real Estate – Global Private Equity Fund

“Laurus Property Partners were instrumental in ensuring that the refinance completed due to their high level relationships, an
intensive interaction with the senior and junior lenders to aid the agreement of the inter-creditor position, their attention to detail
on the legal documentation and involvement in regard of satisfying the conditions precedent.”

Chief Executive Officer – Pan-European Fund Management Group

“Laurus Property Partners offered us an excellent bespoke service; they are very familiar with key industry players and were able
to procure competitive funding offers – in line with our requirements – within a tight timetable. Their combination of experience,
professionalism and uncomplicated approach suited our needs and I would therefore have no hesitation recommending them.”

Chief Executive Officer – Asian Family Office

“Laurus Property Partners have been instrumental in securing competitive and flexible finance for our projects. They combine
excellent intellectual competency with strong market knowledge and effective market contacts.”

Founder & Managing Partner – UK Private Equity Fund

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Contact
Laurus Property Partners Laurus Property Partners
The Stanley Building Maximilianstraße 36
7 Pancras Square 80539 München
London, N1C 4AG Germany
P. +44 (0) 73 9703 3308 P. +49 (0) 89 2620 44430
E. london@laurus-property.com E. munich@laurus-property.com

Disclaimer
No part of this document may be reproduced or transmitted in any form or by any means without prior written permission of Laurus Property Partners GmbH
(“LPP”). This document is based upon information either compiled by LPP through independent research or supplied to LPP by third parties. Whilst we have
made every effort to ensure the accuracy and completeness of the data presented in the document, we will not offer any warranty that no errors are present.
LPP accepts no responsibility for any loss suffered as a result of any inaccuracy in this document. The content of this presentation has not been approved by
an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this presentation for the purpose of engaging in any
investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. This presentation is not a solicitation or
offer, or recommendation, to provide investment services or advice to acquire or dispose of any investment or to engage in any other transaction and is by
way of information only. LPP does not provide investment advice (as defined in the Financial Services Act 1986) and nothing in this document should be
construed as an offer, nor the solicitation of an offer, to buy or sell any investment referred to by us. All information made available in this document should
not be considered as investment advice or any form of recommendation to make an investment or purchase products or services described therein.

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