dossier subasta de cinco edificios singulares de telefónica

1. Real Estate
Auction Dossier

2. 2
Introducción
Telefonica of Spain is pleased to inform that it will auction five exceptional properties next Tuesday,
September 16th through individual auctions.
Properties offered by Telefonica stand out for their centric locations in the cities of Madrid,
Barcelona, Seville and Valencia. In addition to the excellent geographic locations of the buildings,
must be added the high present and future real estate potential value, as well as the
representativeness and magnificence of the constructions.
These assets are offered under the Sale & Lease modality, maintaining Telefonica as tenant for 7
years from the date of deed, with an attractive rent and according to the market conditions of each
property. The net rent offered for each property is detailed in slide 3 (Summary: Characteristics and
Contidtions), and will be subject to annual variations related to the Spanish global Price Consumer
Index (IPC).
Intermediary service fees will not be recognized nor remunerated. Should there be an intermediary,
the mentioned fees must be previously agreed with the acquirer.
The auction will take place through a telematic web site facilitated by Telefonica, which will
guarantee total transparency and privacy of the operations. Bids will be made individually for each
asset.

3. 3
Summary: characteristics and conditions
ASSET Name Sevilla - San Fernando Madrid - Castellana Valencia - Ribera Madrid - Almagro Barcelona - Clot
City Sevilla Madrid Valencia Madrid Barcelona
Address Plaza Nueva 2 Calle Orense 40 Plaza Ayuntamiento 25 Calle Zurbarán 12 GV Cortes Catalanas 786
Plot Area m² 490,36 2427,4 522,63 907,6 1433,75
Above m² 2291,78 2547,65 3468,99 2780,34 3199,63
Underground m² 518,06 2451,16 539,13 882,83 1291,32
Maximun ground buildability granted same 5.518 same same 4.515
Urban rating Residential Residential Infraestructures Residential Residential
Rental Term 7+1+1+1 years 7+1+1+1 years 7+1+1+1 years 7+1+1+1 years 7+1+1+1 years
First Year Net Rent (+ IPC) 750.000 550.000 750.000 550.000 420.000

4. 4
Plot area: 490,36 m²
Building area: 2.809,83 m²
Underground: 518,06 m²
Above ground: 2.291,78 m²
Number of floors: 7 (5 Above ground, 1
ground floor, 1 basement)
Urban rating: Residential
Property Details
Seville-San Fernando (PLAZA NUEVA, 2)
Residential building consisting of basement, ground floor and five
upper floors with a total area of 2,809 m², located in the best
commercial area of the city and next to City Hall

5. 5
Sevilla-San Fernando (Situation map and floor type plan)

6. 6
Madrid-Castellana (C/ ORENSE, 40)
Property Details:
Plot area: 2.427,4 m²
Building area: 4.998,81 m²
Underground: 2.451,16 m²
Above ground: 2.547,65 m²
Number of floors: 2 (1 above ground)
Urban Rating: Residential.
(new above ground buildability granted:
5520 m²)
Residential building comprising basement, ground floor and
first floor with a total area of 4,998 m².
The property is located in an excellent business area, near
the Azca Complex, Santiago Bernabeu Stadium and Paseo
de la Castellana.

7. 7
Madrid-Castellana (Situation map and floor type plan)

8. 8
Plot Area: 522,63 m²
Building Area: 4.008,03 m²
Underground: 539,13 m²
Above ground: 3.468,99 m²
Number of floors: 9 (7 above ground, 1
ground floor, 1 basement)
Urban rating: Infrastructures
Property Details:
Valencia-Ribera (Plaza Ayuntamiento, 25)
Building consisting of basement, ground and six upper
floors with a total area of 4,008 m², located in one of the
best shopping areas.
The property is located next to the Postal Service Office
(one of the most representative buildings of the city) and
the City Hall, in the best city environment.

9. 9
Valencia-Ribera (Situation map and floor type plan)

10. 10
Plot area: 907,6 m²
Bulding area: 3.663,17 m²
Underground: 882,83 m²
Above Ground: 2.780,34 m²
Number of floors: 6 (4 above ground, 1
ground floor, 1 basement)
Urban rating: Residential.
(Existing buildability is consolidated).
Property Details:
Madrid-Almagro (C/ ZURBARAN, 12)
Residential building compromising a basement, ground
floor and 4 above ground floors with a total area of
3.663 m².
Located in a premium consolidated residential area,
near Paseo de la Castellana and luxury hotels.

11. 11
Madrid-Almagro (Situation map and floor type plan)

12. 12
Barcelona-Clot (GRAN VIA CORTS CATALANES, 786)
Plot Area: 1.433,75 m²
Building area: 4.490,94 m²
Underground: 1.291,32 m²
Above Ground: 3.199,63 m²
Number of floors: 6 (4 above ground, 1
ground floor, 1 basement)
Urban rating: Residential.
Property Details:
Building consisting of basement, ground floor, three upper
floors and covered a total of 3,540 m².
Consolidated Residential area next to the former Bullring
“Monumental de Barcelona”, in one of the main arteries of
the city.

13. 13
Barcelona-Clot (Situation map and floor type plan)

14. 14
Calendar of the Process
Phase I: Preparation and Registration
From July 31st until September 10th: Due diligence (documents analysis, property visiting, Q&A…) For any information request, arrange
property visit, additional documentation request, etc., those interested should call to the following numbers:+34 91 482 89 65 / +34 682 90 93
80 from 8:30 to 14:30 h.
From July 31st until September 10th: Time period to register in theTelefonica´s electronic platform Adquira. To sign up, those interested
must call to :+34 91 482 89 65 / +34 682 90 93 80 from 8:30 to 14:30 h. to gather the necessary information for the Auction registration. Once
registered in the platform, you will find additional documentation, such as the basis of the Auction, lease agreements and deed of sale, also
available upon request.
From July 31st until September 10th: Time period for depositing the required fee to participate in the Auction. To access the Auction, those
interested must make a deposit of 50.000 € in the account ES79 2100 2931 98 0200028643, and must include in the deposit the concept
“Fianza subasta inmuebles Telefónica”, and in the payer field the CIF/NIF of the bidder, followed by the name of the individual or social
denomination. At the end of the Auction, Telefonica will reintegrate such deposits in a maximum period of 7 days after the Auction´s end date.
Phase II: Inclusion of offers and setting of conditions and starting price
To be able to participate in the Auction, those interested must present, between 8th and 10th of September in the Adquira platform, their best
offer for those properties in which they are interested in bidding. Offers will be binding, since Telefonica reserves the right to grant the property
to the best offer received in case the Auction turns out unsuccessful. Without this mandatory step, those interested in the Auction will not be
able to participate.
September 11th: Publication of the Starting price and Auction type
Phase III: Auction Celebration and Execution
September 16th: Celebration of the Auction.
September 16th until October 8th: signal of the awarding letter, deed of proprety and leasing contract

15. 15
Optical Calendar of the process
L M X J V S D L M X J V S D 31/07 Envío bases subasta sin precio de salida pero con yield
1 2 3 4 5 6 1 2 3
7 8 9 10 11 12 13 4 5 6 7 8 9 10 01/08 -10/09 Due Diligence- Visita a los Inmuebles
14 15 16 17 18 19 20 11 12 13 14 15 16 17 01/08 -10/09 Análisis de documentación, Q&A
21 22 23 24 25 26 27 18 19 20 21 22 23 24 01/08 -10/09 Inscripción en plataforma electrónica Adquira y pago de fianza
28 29 30 31 25 26 27 28 29 30 31
8/09 -10/09 Presentación de mejor oferta en plataforma electrónica Adquira
11/09 Publicación precio salida y modalidad subasta
L M X J V S D L M X J V S D 16/09 Subasta
1 2 3 4 5 6 7 1 2 3 4 5
8 9 10 11 12 13 14 6 7 8 9 10 11 12
15 16 17 18 19 20 21 13 14 15 16 17 18 19
22 23 24 25 26 27 28 20 21 22 23 24 25 26
29 30 27 28 29 30 31
2014
julio agosto
septiembre octubre
Carta de adjudicación, escrituración inmueble y firma de contratos de
arrendamiento
16/09 -08/10
Fase II. Preparación e inscripción
Fase III. Inclusión de ofertas y fijación condiciones
Fase I. Anuncio oficial de la subasta
Fase IV. Celebración de subasta y ejecución
Phase I: Auction Anouncement
31-jul Deliver of Auction basis without starting price, but with yield
Phase II: Preparation and Registration
01/08 - 10/09 Due Diligence-property visiting
01/08 - 10/09 Documentation analysis,Q&A
01/08 - 10/09 Registration in Adquira Platform and payment of deposit
Phase III: Bidding registrations and conditions settlement
08/09 - 10/09 Presentation of best offer in the Adquira Platform
11-9 Publication of starting price and auction type
Phase IV: Auction celebration and execution
16-9 Auction
16/09 - 08/10 Signal of the awarding letter, deed of proprety and leasing contract

16. 16
Contact Details
Responsible: Manuel Ángel Clemente Martínez
Phone: +34 91 482 89 65
Mobile: +34 682 90 93 80
E-mail: manuelangel.clementemartinez@telefonica.com