Retail Real Estate Consultant with 30 years experience in Middle East - specializes in Shopping Centres and Mixed-use projects. Services provided include highest and best use studies, feasibility studies, market positioning, facilities sizing, briefing architect, and support for leasing and pre-opening activities. Principal of firm, Walter Kleinschmit is a member of ICSC and MECSC, and is both CSM and CLS certified by ICSC, and a member if ICSC's International Faculty.

1. CORPORATE PROFILE
R2E Consultants Inc
Walter Kleinschmit CSM CLS
RETAIL REAL ESTATE CONSULTANTS

2. Providing advisory and management services
To Real Estate Owners/Developers
Advisory Services to Real Estate Owners
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Market studies
Feasibility studies
Master Planning of Mixed use project, and/or free standing Shopping Centre projects
Client’s representative – during architect briefing and design development process
Hotel management company selection and negotiations
Development Assistance for Retail Real Estate Projects
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Management Assistance prior to / getting ready for Construction Tender
Pre-Opening activities concurrent with period of construction
Marketing and Leasing planning and implementation
Getting Ready to Open & Grand Opening Planning
Post Opening – Asset Management
Professional Development
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Course instructor, seminar leader on various aspect of Retail Real Estate
Management development thru mentoring process during consulting assignment
Emphasis on knowledge transfer to Client’s Management Team
R2E CORPORATE PROFILE
Experience and Client list - January 2014

3. Current/Recent Assignments
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Arabian Centres Company Limited - Riyadh
Provide/define/assist in developing best practices appropriate for a global property owner/management
group. Provide management training services to the company.
Jeddah Waterfront – Jeddah
Provide retail planning input, space allocation, mail layout advice and amenities planning for public space
Red Sea Mall – Jeddah
Do a technical review, best use analysis and strategic plan for proposed extension of Red Sea Mall
Granada Center – Riyadh
Do a technical review, best use analysis and strategic plan for proposed extension of Granada Centre
Raseel Properties Co. - Riyadh
Provide planning input into a mixed use development – market assessment, merchandise mix, retail layout
Knowledge Economic City – Al Madinah
Master plan the retail town centre for a new city, including merchandising, massing, feasibility study,
prepare RFP to select architect, and act as Owner’s rep during design concept and development.
Rafal Real Estate Dev. – Kempinski Hotel – Riyadh
Plan retail gallery adjacent to hotel, develop merchandise positioning and plan to suit market and hotel
positioning, benchmark operation metrics, and assist with marketing and retail leasing.
Taj Mall – Amman, Jordan
Provided assistance from master plan / massing, design brief, design development, design validation with
major retailers, on going assistance with leasing and other pre-opening requirements. TAJ opened in
December 2011, successfully leased with targeted brands.
R2E CORPORATE PROFILE Experience and Client list - January 2014

4. Past Assignments
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The Pearl – Qatar – Review business assumptions and update merchandise program for success
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Akaria Malls – Riyadh, KSA – Redevelopment and releasing of existing and new facilities
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Al Bahar Development – best use / master planning – Downtown Abu Dhabi site
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Al Rajhi – best use assessment of various land parcels – Retail development advice on central Riyadh parcel
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Al Bajrai / Malhas – Feasibility and master plan of retail malls for Jeddah
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Al Oula – Best use proposal for a 100,000 sqm site at exit 10, Riyadh
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Amwaj Development Co – Amman, Jordan – design development assistance – leasing assistance
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Cham Holding – Damascus, Syria – Retail Mall Planning – Tarik Bin Ziad mixed use project in Aleppo
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Deera Property Development Co – Amman, Jordan – property development / mix use project assistance
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Dubai Pearl Project – Omnix – Proposed mixed use development in Dubai (2005-2007)
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Emaar Jordan – Rift Retail – Samarah Dead Sea Project – Plan the retail / service component of the
Samarah Dead Sea Project – including design development assistance and merchandise program.
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Jeraisy Mall – Riyadh (Carrefour anchored mall)
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Kinan Development Co Ltd – Jeddah – KSA – Andalusia mixed use Project –
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Romada Mall – Homs, Syria – Carrefour anchored shopping centre – market study, design direction
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Salam Group – Qatar, United Arab Emirates, Oman – Retail and development advisory
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Saudi Oger – market study and best use proposal for Sheraton site in Riyadh
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Tamkeen Real Estate Co. – Riyadh – KSA – Yasmine Garden Mixed use Project
Do a market assessment to size the mall – design brief – business / merchandise plan
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Yanbu City Centre (RCJY) – Economic and market study for city centre master plan
North Amman Mall - Do a market assessment to size the mall – design brief – business / merchandise plan
R2E CORPORATE PROFILE Experience and Client list - January 2014

5. Walter Kleinschmit CSM CLS
Principal
CONSULTANCY
PRACTICE:
Established in January 2005 R2E Consultants Inc., a real estate consultancy practice incorporated in Canada, and
practicing primarily in the Middle East and Levant.
PROFESSIONAL
ACCREDITATION:
CLS CSM, International Council of Shopping Centers
Bachelor of Commerce Degree, University of Manitoba, 1965
Completed courses and seminars given by University of Manitoba, AMA, IBM, NRMA, Horizons Management
Consultants, Retail Council of Canada, and International Council of Shopping Centres.
Founding member and Past President of the Middle East Council of Shopping Centres.
Member of International Council of Shopping Centers.
Past Conference Chairman and occasional speaker at MECSC Annual Convention.
Member of International Faculty of the ICSC School of Professional Development.
Speaker at Cityscape and MEED conferences. Chairman and speaker at Retail City Conference
Lecturer at Université de St Boniface
Past lecturer at University du Quebec in Montreal (retailing courses)
Past lecturer at Sheridan College, Toronto (retail courses)
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R2E CORPORATE PROFILE
Experience and Client list - January 2014

6. Walter Kleinschmit CSM CLS
Principal
CONSULTANCY
ASSIGNMENTS:
While General Manager of Kingdom Centre, (on behalf of HRH Prince Alwaleed):
Georges V Hotel – retail development
Nile Plaza Retail Mall (Part of Four Seasons Hotel)
Mövenpick Beirut – retail mall
Moskva Four Seasons Hotel (Moscow) – Retail mall component.
Saks Fifth Avenue International Expansion
Proposed development of Kingdom Centre in Jeddah
PROFESSIONAL
EXPERIENCE:
General Manager, Kingdom Centre, Riyadh
VP Real Estate, Al Harthy Corp., Oman
Oper. Mgr, Salam Studio and Stores, Doha & Muscat
Various retail and shopping centre experience in Canada
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R2E CORPORATE PROFILE
Jan 1997
July 1989
July 1985
May 1965
Experience and Client list - January 2014
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Dec 2004
Dec 1996
June 1989
June 1984

7. Gerald Bourassa - Associate
Introduction
Expertise
Analysis
Holder of Bachelor of Science Degree, University of Toledo, Ohio (1978)
Has worked for the government and the private sectors in the United States and
in the Gulf.
Is experienced in the optimization of project planning & execution, in a multinational/cultural environment.
Delivers analytical skills, and project management experience
economic, financial, demographic studies,
company feasibility studies,
Finance & Admin. accounting – salaries, recurrent expenditure, capital expenditure, revenues
planning – supply/demand, capital forecasts, 5 year + plans
budgeting - all time frames
accountability, quarterly & annual reporting
audit – internal, independent coordination & enforcement
contracting – development, review, compliance, enforcement
personnel – recruitment, evaluation, promotion, development
policy – administrative, service-related, community
support services, computer system development & support
Operational
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process, productivity, and result evaluation
benchmarking
inspection, review
emergency & disaster contingency planning
R2E CORPORATE PROFILE
Experience and Client list - January 2014

8. Gerald Bourassa - Associate
EXPERIENCE: (includes seven years with Saudi Aramco)
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Facilities management, maintenance & operation
- basic service plants
- offices
- hospital, clinics, schools
- food & dining
- recreational
- residential & transient housing
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Sewage – collection, treatment (multi-level), effluent distribution
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Sanitation – waste removal, disposal
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Electricity – distribution, stand-by generation
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Road construction & maintenance
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Agricultural & gardening services
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Water – exploration, production, transport, storage, filtration, distribution
Policy & programs – Community/Facility
R2E CORPORATE PROFILE
Experience and Client list - January 2014

9. Representative Projects
R2E CONSULTANTS
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R2E CORPORATE PROFILE
Experience and Client list - January 2014

10. KINGDOM CENTRE
Riyadh, KSA
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Employer
Kingdom Holding
Trade Centre Co. Ltd
(1997-2005)
Project Brief
Employed from design competition
stage and remained to 3rd year of
stabilised operations. KC is one of
most successful high end
destination in GCC. Mall is
anchored by Saks, and includes
many designer brands, the number
of which have increased over time.
KC includes Four Seasons Hotel,
and offices and apartments.
R2E CORPORATE PROFILE
Experience and Client list - January 2014

11. KEMPINSKI Hotel & Retail
Riyadh, KSA
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Client
Rafal
Project Brief
Retained to provide
design direction and
merchandising advice to
ensure that the retail
podium of Project would
add desirability and value
to the hotel and
residential component
and be financially
sustainable as a stand
alone business.
R2E CORPORATE PROFILE
Experience and Client list - January 2014

12. ANDALUSIA GARDENS
Jeddah, KSA
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Client
Kinan/Savola
Project Brief
Retail planning:
merchandise mix,
positioning, provide
brief to architect,
client’s representative
during design process
and assist in planning
integration of retail in
Mixed use.
R2E CORPORATE PROFILE
Experience and Client list - January 2014

13. TAJ MALL
Amman, Jordan
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Client
Halim & Omar Salfiti
Project Brief
Define project parameters and positioning. Worked closely with
F+A in design development. Participated in all aspects of preopening - from leasing direction and management structure.
High end Fashion content anchored by Aishti, Louis Vuitton, etc.
R2E CORPORATE PROFILE
Experience and Client list - January 2014

14. THE GATE
Doha , Qatar
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Client
Salam-Bounian
Project Brief: Retained to
provide project architect
design brief, participate in
design development, advise
on retail mall master plan and
retail content.
The Gate is a high end
Boutique Mall in the West Bay
of Doha.
Assisted with management
organization and recruited
General Manager for The
Gate, who continues to be
employed by Owner.
R2E CORPORATE PROFILE
Experience and Client list - January 2014

15. DUBAI PEARL
Dubai, UAE
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Project Brief: Retained by
Omnix/Dubai Pearl –
developer, to provide local
retail expertise to architect –
Chapman Taylor, during
design development stages.
R2E retained to develop
plan, position, and theme
retail mall components.
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Client
Omnix
Salam International
Project was not built due
to “external”
considerations.
R2E CORPORATE PROFILE
Experience and Client list - January 2014

16. ROMADA MALL
Homs, Syria
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Client
Issam Anbouba
Project Brief
R2E retained to define project size, scope and target market,
develop architectural brief, assist with design interpretation and
development. Provide Owner with business insight applicable
to the Retail Real Estate Project
R2E CORPORATE PROFILE
Experience and Client list - January 2014

17. OTHER RELEVANT
EXPERIENCE
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Select the proper retail use and tenant for Georges V hotel in
Paris.
Select retail architect and be Owner’s representative during
design development of Moscow’s Moskva Four Seasons Hotel.
Provided retail design input to Nile Plaza Four Seasons Hotel,
and introduced Beymen to Client, who is the retail anchor there.
Negotiated Saks entry into Middle East, negotiated the License
for Kingdom and the introduction for Dubai based operations.
Maintains continued close relationship with Saks, NY.
Extensive dealings with Harvey Nichols on behalf of Moskva
project, and Beirut based Client.
Extensive dealings with Four Seasons Hotel for Riyadh,
Moscow, Muscat (potential)
R2E CORPORATE PROFILE
Experience and Client list - January 2014