Additional information on the acquisition of the Olympia shopping center in Brno, Czech Republic

1. 03.2017
ACQUISITION DETAILS
OLYMPIA BRNO

2. CENTER DETAILS
SHOPPING CENTERS
March 2017
Acquisition details - Olympia Center Brno
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Investment: 100%
Lettable space: 85,000 sqm
Number of shops: approx. 200
Occupancy: 98.5%
Parking: approx. 4,000
Catchment area: approx. 1.2 m. inhabitants
Opening/refurbishment: 1999/2014-2016
Anchor tenants: H&M, Intersport, P&C Dusseldorf,
Albert Hypermarket, Cinema City,
Asko, C&A
Website: www.olympia-centrum.cz/en

3. FACTS & FIGURES
SHOPPING CENTERS
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Acquisition details - Olympia Center Brno
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* Czech average = 100
** Czech average = 4.6%
Operational KPIs
Productivity: €2,550 per sqm
Average shop rent: €19.25 per sqm & mth
Visitors 2015: 8.00 million
Rent-to-sales ratio: 10.1%
Occupancy rate: 98.5%
Weighted average lease term: 5.8 yrs
Brno
Capital of Southern Moravia region
Population: City approx. 380,000
Metropolitan approx. 600,000
Regional approx. 1.2 million
Purchasing power index*: 109.2
Unemployment rate**: 4.2%
Website: www.brno.cz

4. MAP OF THE PORTFOLIO
SHOPPING CENTERS
Germany
17 centers
Austria
1 center
Poland
1 center
Hungary
1 center
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Czech Republic
1 center*
* upon closing of transaction

5. Source: GfK Geomarketing
DES’ 1ST CENTER IN CZECH REPUBLIC, 21ST OVERALL
SHOPPING CENTERS
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6. LOCATION
SHOPPING CENTERS
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 Strategically well placed
 Excellent visibility
 Very good infrastructure
 4,000 parkings
 Central and convenient location
 Bus stops in front of the center

7. FLOORPLANS
SHOPPING CENTERS
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Ground
floor
1st floor

8. Fashion
27%
Non-food/
electronics
19%
Hyper- &
Supermarkets
20%
Health & Beauty
3%
Catering
5%
Services
11%
Shoes & Leather
6%
Sports
8%
TENANT MIX1
1 as % of rental space
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9. EXPIRY PROFILE OF RENTAL CONTRACTS1
1 as % of rental income
SHOPPING CENTERS
Acquisition details - Olympia Center Brno
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0
2
4
6
8
10
12
14
16
18
20
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
et sqq
WALT: 5.8 yrs
%

10. CATCHMENT AREA / COMPETITION
SHOPPING CENTERS
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Acquisition details - Olympia Center Brno
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11. IMPRESSIONS - OUTSIDE
SHOPPING CENTERS
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12. IMPRESSIONS - OUTSIDE
SHOPPING CENTERS
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13. IMPRESSIONS - INSIDE
SHOPPING CENTERS
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14. FINANCIAL DETAILS
FINANCIALS
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 Deutsche EuroShop acquires 100% of the shares in Olympia SPV
from Rockspring and ECE European Prime Shopping Centre Fund I (50% each)
 Expected closing in H1 2017
 Total investment: approx. €382 million,
net purchase price excl. debt of SPV and excl. acquisition costs: approx. €207 million
 financing by long term debt (approx. €217 million, 57%) and
proceeds of capital increase (approx. €165 million, 43%)
 Expected annualised rents 2017: €20.1 million
 Expected NOI yield: 5.1%, expected net initial yield: 5.0%
 The SPV will be fully consolidated
 Guidance for 2017 will be adjusted after the closing of the transaction,
presumably with the publication of the annual report 2016

15. GERMANY
A10
Center
Main-Taunus-
Zentrum
Altmarkt-
Galerie
Rhein-Neckar-
Zentrum
Location Wildau/Berlin Sulzbach/Frankfurt Dresden Viernheim/Mannheim
Investment 100% 52.0% 100% 100%
Lettable space
sqm
124,700 124,000 77,000 69,500
Parking 4,000 4,500 500 3,800
Number of shops Approx. 200 Approx. 170 Approx. 200 Approx. 110
Occupancy rate 100% 100% 99% 99%
Catchment
area
Approx. 1.1 m.
inhabitants
Approx. 3.1 m.
inhabitants
Approx. 2.1 m.
inhabitants
Approx. 1.5 m.
inhabitants
Visitors 2015 6.90 m. 8.20 m. 14.80 m. 7.80 m.
Opening/
refurbishment
1996/2011 1964/2004/2011 2002/2011 1972/2002
SHOPPING CENTERS
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16. GERMANY
Herold-
Center
Allee-
Center
Billstedt-
Center
Phoenix-
Center
Location Norderstedt Magdeburg Hamburg Hamburg
Investment 100% 50.0% 100% 50.0%
Lettable space
sqm
54,200 51,300 42,600 43,300
Parking 850 1,300 1,500 1,400
Number of shops Approx. 140 Approx. 150 Approx. 110 Approx. 130
Occupancy rate 96% 98% 98% 99%
Catchment
area
Approx. 0.5 m.
inhabitants
Approx. 0.8 m.
inhabitants
Approx. 1.0 m.
inhabitants
Approx. 0.6 m.
inhabitants
Visitors 2015 11.50 m. 9.50 m. 10.10 m. 9.20 m.
Opening/
refurbishment
1971/1995/2003 1998/2006 1969/1977/1996 2004/2016
SHOPPING CENTERS
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17. Saarpark-
Center Forum
Allee-
Center
City-
Galerie
Location Neunkirchen Wetzlar Hamm Wolfsburg
Investment 50.0% 65.0% 100% 100%
Lettable space
sqm
35,600 34,300 34,000 30,800
Parking 1,600 1,700 1,300 800
Number of shops Approx. 130 Approx. 110 Approx. 90 Approx. 100
Occupancy rate 99% 99% 99% 100%
Catchment
area
Approx. 0.6 m.
inhabitants
Approx. 0.5 m.
inhabitants
Approx. 0.7 m.
inhabitants
Approx. 0.5 m.
inhabitants
Visitors 2015 7.10 m. 7.60 m. 6.80 m. 7.70 m.
Opening/
refurbishment
1989/1999/2009 2005 1992/2003/2009 2001/2006
GERMANY
SHOPPING CENTERS
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18. Rathaus-
Center
City-
Arkaden
City-
Point
Stadt-
Galerie
Location Dessau Wuppertal Kassel Passau
Investment 100% 100% 100% 75.0%
Lettable space
sqm
30,100 28,600 27,700 27,700
Parking 850 650 220 500
Number of shops Approx. 90 Approx. 80 Approx. 60 Approx. 90
Occupancy rate 98% 99% 100% 100%
Catchment
area
Approx. 0.5 m.
inhabitants
Approx. 0.8 m.
inhabitants
Approx. 0.8 m.
inhabitants
Approx. 1.2 m.
inhabitants
Visitors 2015 5.60 m. 8.90 m. 8.60 m. 8.20 m.
Opening/
refurbishment
1995 2001/2004 2002/2009/2015 2008
GERMANY
SHOPPING CENTERS
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19. Stadt-
Galerie
Location Hameln
Investment 100%
Lettable space
sqm
26,000
Parking 500
Number of shops Approx. 100
Occupancy rate 99%
Catchment
area
Approx. 0.4 m.
inhabitants
Visitors 2015 5.70 m.
Opening/
refurbishment
2008
GERMANY
SHOPPING CENTERS
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20. Olympia*
Galeria
Bałtycka
City
Arkaden Árkád
Location Brno,
Czech Republic
Gdansk,
Poland
Klagenfurt,
Austria
Pécs,
Hungary
Investment 100% 74.0% 50.0% 50.0%
Lettable space
sqm
85,000 48,700 36,900 35,400
Parking 4,000 1,050 880 850
Number of shops Approx. 200 Approx. 195 Approx. 120 Approx. 130
Occupancy rate 98% 100% 100% 97%
Catchment
area
Approx. 1.2 m.
inhabitants
Approx. 1.1 m.
inhabitants
Approx. 0.4 m.
inhabitants
Approx. 1.0 m.
inhabitants
Visitors 2015 8.0 m. 9.80 m. 5.60 m. 12.40 m.
Opening/
refurbishment
1999/2014-16 2007 2006 2004
EUROPE
* upon closing of transaction
SHOPPING CENTERS
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21. CONTACT
APPENDIX
NICOLAS LISSNER
Manager Investor & Public
Relations
OLAF BORKERS
Chief Financial Officer
WILHELM WELLNER
Chief Executive Officer
PATRICK KISS
Head of Investor & Public
Relations
Deutsche EuroShop AG
Investor & Public Relations
Heegbarg 36
22391 Hamburg
Tel. +49 (40) 41 35 79 – 20/ – 22
Fax +49 (40) 41 35 79 – 29
E-Mail: ir@deutsche-euroshop.com
Web: www.deutsche-euroshop.com
ir-mall.com
facebook.com/euroshop
flickr.com/desag
slideshare.net/desag
twitter.com/des_ag
youtube.com/DeutscheEuroShop
Important Notice: Forward-Looking Statements
Statements in this presentation relating to future status or circum-
stances, including statements regarding management’s plans and
objectives for future operations, sales and earnings figures, are
forward-looking statements of goals and expectations based on
estimates, assumptions and the anticipated effects of future events
on current and developing circumstances and do not necessarily
predict future results.
Many factors could cause the actual results to be materially different
from those that may be expressed or implied by such statements.
Deutsche EuroShop does not intend to update these forward-looking
statements and does not assume any obligation to do so.
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