INCOME IN YEAR 1. Investor Report. Lakeside Serviced Apartments Resort & Spa PROJECTED 9.4% NET (BASED ON 85% OCCUPANCY)

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1 Exclusively available through Managed by PROJECTED 9.4% NET INCOME IN YEAR 1 (BASED ON 85% OCCUPANCY) Lakeside Serviced Apartments Resort & Spa Award-winning development in the world's most visited city Investor Report

2 Key model benefits: Element Bar Projected 9.4% NET annual income in year 1 (based on 85% occupancy) Flexible personal usage allowance Safe, fast and simple purchase process: all funds held in escrow Limited number of immediate income units Purchase price 44% below final phase pricing level All luxury furniture, fixtures & fittings included Managed by a Top 20 US management company Key selling points of Orlando: World s most popular visitor destination (Visit Orlando) 68 million annual visitors in 2016 (Visit Orlando) 7 consecutive years of record visitor numbers (Visit Orlando) 5th most popular location for UK investors worldwide (Rightmove) 2nd ranked US city as a property investment location (Forbes, 2017) 7th most promising housing market for 2017 (Realtor.com) Explaining the appeal of the resort: Impressive 106-acre lakeside resort Within 30 minutes of over half TripAdvisor s top 15 theme parks worldwide Winner of 13 Builders Association of South Florida awards Excellent facilities, including waterpark, restaurants and Spa Rated 'excellent' across all leading holiday accommodation review sites Apartments 5 times larger than US hotel average (New York University) Resort being built by America's Best Builder Priced from $297,900 Earn 55% apartment revenue

3 The Springs Pool Presenting Brand new luxury serviced apartments in an awardwinning Orlando resort - own a piece of the world's most popular tourist city 3

4 IN THIS REPORT THE OVERVIEW THE PROPERTY THE LOCATION INFORMED INVESTING Our vision is to help you to tap into the enormous potential of yield-driven property THE FINANCIALS Call us today to find out more +44 (0) THE TEAM 33-35

5 THE OVERVIEW Lakeside setting Lakeside Serviced Apartments Resort & Spa is the first destination resort of its kind to open in this fast-developing area of Orlando. Located a thirty-minute drive from half of the world's top 15 theme parks, its lakeside location in a 111- acre conservation area offers sanctuary from this bustling tourist city 5

6 THE OVERVIEW Overview Lakeside Serviced Apartments Resort & Spa provides you with an attractive opportunity to purchase and own a brand new serviced apartment in the world s most visited city. With the first phase of this impressive development already fully operational, the resort has won ample plaudits - from guests and industry insiders alike. Its reputation has continued to grow with the opening of its waterpark in March 2018, while the remaining restaurants and facilities will become operational alongside your apartment later this year. You will own your serviced apartment outright, with a US Top 20 management company responsible for all operations. A revenue share agreement ensures that your interests are aligned with the operators, meaning that your property is in safe hands. With personal usage of your apartment included, not only do you benefit from owning an investment property in such a prime spot, but also from year-round access to a splendid holiday home. The lakeside location is the perfect place to enjoy Orlando, with all theme parks, shops and other amusements within close proximity. 6

7 THE PROPERTY Outdoor swimming pools Orlando's Top Hospitality Project 2017 One of the 12 Most Anticipated US Hotel Openings of 2017 Winner of 13 Florida s BEST Awards 7

8 THE PROPERTY Private living area Luxury resort accommodation Cypress bedrooms 2 bathrooms Once complete, Lakeside Serviced Apartments Resort & Spa will boast 878 spacious two and three-bedroom suites - up to 1,614 sq. ft. in area. Each of the serviced apartments will be beautifully furnished and decorated to a standard befitting a luxury hotel room. All master bedrooms have large en-suite facilities, while the living rooms open on to screened balconies with striking views out across the 22-acre Lake Austin. They are also generously equipped with every modern appliance and household item imaginable providing guests with a lavish homefrom-home experience. Our property investors have five serviced apartment types to choose from (see opposite). Priced from $324,900 Jasmine Priced from $324,900 Palm 2 2 Priced from $297,900 Birch 2 2 Priced from $307, bedrooms 2 bathrooms 2 bedrooms 2 bathrooms 3 bedrooms 2 bathrooms Sable bedrooms 3 bathrooms Click here to download the full apartment inventory Priced from $342,900 8

9 THE PROPERTY Lobby, Escape Spa A holiday destination in itself Unlike most hotels in the area, Lakeside Serviced Apartments Resort & Spa has been designed to provide an unforgettable experience for guests - rather than simply act as a resting place between theme park excursions. Spread out across a majestic 106-acre site, the development is equipped with every conceivable amenity - making it a holiday destination of its own. This wealth of facilities includes a full service lobby, bar, cocktail lounge, multiple restaurants and open air market - as well as a business centre, with 300-person meeting room. There is also a luxury Spa, 2,000 sq. ft. fitness centre and arcade room, as well as an impressive onsite waterpark (discover more on page 16). Alternatively, guests can relax outside in The Springs Resort. Located on the lakefront, guests are able to enjoy three pools, a jacuzzi and bar with a covered lounge area - all the while enjoying sweeping views of Lake Austin. Waiting area, Escape Spa All facilities will become operational alongside your apartment, enhancing demand and potentially driving up both occupancy and rack rates. 9

10 THE PROPERTY Private dining room Apartment features GE stainless steel appliances Granite kitchen and bathroom counter tops Large bath tubs Crown moulding Private, screened balconies Lockable walk-in wardrobe State-of-the-art electronic entry-lock security system Wireless high-speed Internet service 10

11 THE PROPERTY Master bedroom Generously sized bedroom suites each taking inspiration from the resort's natural suroundings provide all the comforts of home. Each features a living and dining area, full kitchen, up to three bathrooms, a screened balcony, and a full-size washer and dryer. 11

12 THE PROPERTY Industry-acclaimed construction continuing on schedule Lakeside Serviced Apartments Resort & Spa was built in 2008 but never occupied. During the financial crisis, the owners defaulted and the property reverted to the lender Top Hospitality Project Orlando Business Journal 13 Florida s BEST Awards 2016 Builders Association of South Florida Recognised as the best Central Florida real estate project, with criteria being project size, value, jobs created and real estate performance, as well as the project s distinctive features. BTI Partners purchased the development in 2015 and began by investing approximately $105 million to update and upgrade the property. The property's first phase, 184 serviced apartments and a lakefront pier with water sports, opened in March Construction of the waterpark was completed in March adding a lagoon pool, lazy river, surf simulator and two-storey dual water slides to the development s list of attractions. Lakeside Serviced Apartments Resort & Spa is one of the 12 Most Anticipated US Hotel Openings of 2017 (US News & World Report), with BTI Partners winning scores of awards for the quality of the project. We could not be more pleased to have the resort honoured with such a prestigious award. This recognition solidifies what we already know, the resort marries lifestyle, luxury, location, amenities, design and affordability for those seeking a vacation home in the most visited destination in the United States. Kevin Mays, Lakeside Serviced Apartments Resort & Spa Project Director, BTI Partners 12

13 THE PROPERTY Master bedroom Positive guest feedback from operational phase What can I say except that it s the best place I have stayed in Orlando. The rooms, environment and amenities were all top notch. An excellent place, highly recommended especially for families. I can t wait for the work to be completed so I can experience it again. - Chukai, July 2017 I have very high expectations and expect a lot for my money. That said, this has been one of the most awesome places we've ever stayed at in the 15 plus years in Orlando. The amenities are first class, the rooms are spacious and the staff go above and beyond to help. - Andy M, July 2017 All of the staff from check-in and the cafe shop to the housekeeping and pool-side waitresses were extremely friendly and pleasant. The grounds were beautifully landscaped and the rooms were spacious and exquisitely adorned. What a luxury resort! - Thomas S My wife and I haven't been able to stop talking about this place since our visit last weekend. If we didn't live so close to Orlando we would purchase a condo in this resort. We didn t hear any of the construction, and it didn t cause issues getting in and around the resort. - Verified Expedia Traveller, August 2017 Hotels.com 4.8/5 (191 reviews) TripAdvisor 4.5/5 (162 reviews) Expedia 4.6/5 (150 reviews) 13

14 THE PROPERTY Kids' pool 15

15 THE PROPERTY Two-storey water slides Surfari Waterpark The Lakeside s centrepiece offering fun for the whole family, this $16 million attraction opened in March Located within a 6-acre amenity enclosure, Surfari features a 700-foot lazy river with cascading waterfalls, water cannons and overhead bridges. Other attractions include two large water slides, a zero-entry lagoon with reclining lounge chairs and a dual wave simulator for surfing the only one of its kind in Orlando. We are extremely pleased to be adding the Surfari Water Park to our long list of amenities at The Lakeside Resort & Spa. Guests have so much to experience at the property that they never have to leave. The resort is the ideal combination of luxury, location and service and offers something for everyone. Bill Lee, General Manager, The Lakeside Resort & Spa Two-storey water slides 16

16 THE PROPERTY The Marquis Residences The Premiere Residences 17

17 THE PROPERTY 01 Longboard Bar & Grill 02 Surfari Waterpark 03 Lake Austin Pier The Springs Resort Pools 05 Escape Spa 06 Element Bar 07 Valencia Restaurant 08 Duval Board Room Orange Blossom Ballroom Tangerine Board Room 11 Alfresco Market 12 Full Service Lobby 13 Zest Bar 14 Hoopla Arcade & Games Room 15 The Springs Bar & Grill 18

18 THE PROPERTY Jasmine 3 bedrooms 2 bathrooms Living space Balcony Total 1,396 sq. ft. (130 sq. mt.) 72 sq. ft. (7 sq. mt.) 1,468 sq. ft. (137 sq. mt.) 19

19 THE PROPERTY Cypress 2 bedrooms 2 bathrooms Living space Balcony Total 1,434 sq. ft. (133 sq. mt.) 70 sq. ft. (7 sq. mt.) 1,504 sq. ft. (140 sq. mt.) 20

20 THE LOCATION Orlando, Florida Orlando: the world's most visited city Orlando welcomed more than 68 million guests in 2016, making it the most visited destination in the world. This incredibly diverse location is regarded as the Theme Park Capital of the World and is home to over half of TripAdvisor s top 15 ranked global amusement parks. Walt Disney World, Universal Orlando Resort and SeaWorld are among the most visited attractions on the planet. Golfers will find no fewer than 189 courses within an hour s drive of downtown Orlando, including one of the highest ranked public courses in the nation - Orange County National, which is affiliated with Lakeside Serviced Apartments Resort & Spa. Despite all this, shopping has actually become the number one draw for international tourists, with 500 outlet stores and enough retail space to fill 900 American football fields. 21

21 THE LOCATION Orlando aerial view Orlando in numbers #1 most popular city in the world 2 nd fastest growing economy in the US (Headlight Data) #1 for job growth in 2015 (US Bureau of Labor Statistics) 68 million visitors in 2016 (Visit Orlando) #3 city for future job growth (Forbes) 2 nd most competitive large US city for business (KPMG 2016) $ 91 billion annual spend by visitors (Visit Orlando) 10 top American City of the Future (Foreign Direct Investment Magazine 2016) 4 th best state in the US for business tax climate (Tax Foundation 2015) 380K annual jobs created by tourism (Visit Orlando) $ 7.4 billion recent investment in transport infrastructure 10 top large city in the US for infrastructure (Foreign Direct Investment Magazine 2016) $ 54 billion annual economic impact of tourism (Visit Orlando) $ 7.6 billion recently invested in competitive products/quality of life 15 top Most Dynamic Cities in America (Worth Magazine 2016) 22

22 THE LOCATION Orlando: tourism to the Capital of Theme Parks Approximately 875 daily flights 95,500 daily passengers Visitors spend an annual average total of $91 billion 7 consecutive years of visitor growth creating 380, jobs in Orlando with an economic impact of $54 billion Annual visitor numbers (millions) 23

23 Magic Kingdom, Walt Disney World Resort Free shuttle service The world s most popular theme park Lakeside Serviced Apartments Resort & Spa is located less than 10 minutes from Walt Disney World 24

24 THE LOCATION Less than 10 minutes Lakeside Serviced Apartments Resort & Spa 25

25 THE LOCATION Walt Disney World Golf 01 Driving time: 21 min Magic Kingdom Park 02 Driving time: 21 min 03 The Campsites at Disney's Fort Wilderness Resort Driving time: 23 min Walt Disney World Swan and Dolphin Resort Driving time: 18 min Lakeside Serviced Apartments Resort & Spa Disney's Hollywood Studios 05 Driving time : 17 min Epcot 06 Driving time: 23 min Disney's Animal Kingdom 07 Driving time: 17 min The McCord Golf Academy 08 Driving time: 14 min Grand Cypress Golf Club 09 Driving time: 23 min 26

26 THE LOCATION Regional attractions The Mall at Millenia Named the tenth most successful shopping mall in the world by Shopping Centres Today 33 minutes 10 mins Avalon Rd. 429 Orange County National Golf Center The resort's affiliate golf club is ranked the second best public course in the US. Daniel Webster Western Beltway 33 minutes WorldDrive The Wizarding World of Harry Potter TripAdvisor s top-ranked attraction in Orlando Epcot Center Drive Lakeside Serviced Apartments Resort & Spa Avalon Rd. 192 W Irlo Bronson Memorial Hwy 24 minutes 429 Victoria & Albert's TripAdvisor s second ranked fine dining restaurant in the US, a yearly AAA Five Diamond award puts it in the top 0.4% of global eateries. Western Way W Osceola Pkwy WorldDrive WorldDrive Buena Vista Drive Discovery Cove Named the top global amusement park by TripAdvisor Travelers Choice Awards, visitors swim with dolphins, snorkel with rays and handle exotic birds. W Osceola Pkwy Buena Vista Drive 4 28 minutes W Irlo Bronson Memorial Hwy W Irlo Bronson Memorial Hwy 27

27 THE FINANCIALS Lakeside pier Introducing our model An established formula allows you to benefit from an effortless income stream: 01 51% goes to you, the owner 02 4% goes into a sink fund that will pay for future repairs and furniture replacement 03 45% goes to Benchmark Hospitality Benchmark are our partner management company, with responsibility for all operations from marketing to maintenance. Not only does this provide an effortless income for you, but it also fully aligns your interests with the team responsible for looking after, and maximising the income generated by, your asset. This alignment of interests is further enhanced by the fact that our partner developer maintains ownership of all communal areas and therefore also benefits from high occupancy. Additionally, you can be confident that the resort s extensive facilities will be managed and maintained to the highest possible standards a huge pull factor for potential guests. 28

28 THE FINANCIALS Lakeside pier Your projected yields Your annual income, and the extent to which it will grow, is dependent on two key factors - occupancy and rack rate. From April 2018, when all facilities have become operational, Benchmark expect to achieve an average rack rate of $250/night for two-bedroom apartments and $280/night for all three-bedroom apartments. At the same time, they project an average annual occupancy of 85% across the entire development. If these targets are hit, it will result in a 9.4% NET annual yield for owners of the two-bed apartments and 10.2% NET for three-bed apartment investors. You can discover more about how these yields are calculated by requesting our interactive Rental numbers spreadsheet. Extensive due diligence has been conducted to arrive at these figures some of which you can see in our Orlando hotels: amenities and rack rate comparisons document. This research clearly illustrates that the resort is right at the top end of the local hotel market when it comes to the provision of onsite facilities, despite the cost of staying there being far lower than similar local alternatives. On top of this, the size of even the two-bed apartments is incomparable to all other options and five times larger than the average hotel room in the US (based on research by New York University). Already, the operational apartments have been hugely popular, with the resort having been rated excellent or superb on all major hotel review websites. This is despite the fact that construction work has been ongoing and not all facilities have been completed. Occupancy 2beds 3beds (%) 85% 80% 75% 70% Occupancy (%) 85% 80% 75% 70% Rack rate ($) Rack rate ($) NET yield 9.4% 8.4% 7.7% 7% NET yield 10.2% 8.4% 7.7% 7% 29

29 THE FINANCIALS Looking to purchase with a mortgage? Calculating your leveraged income Cost of finance (based on a $320,000 2-bed apartment): LOAN-TO-VALUE FINANCED AMOUNT INTEREST RATE* COST OF PRINCIPAL REPAYMENTS + INTEREST (MONTHLY)** COST OF PRINCIPAL REPAYMENTS + INTEREST (ANUALLY)** 65% $208,000 6% $1,340 $16,080 Return on investment: (Using the occupancy levels from p28) RETURN ON TOTAL INVESTMENT *finance capped at 6% **based on a 25-year loan period ANNUAL INCOME AFTER FINANCE ($) RETURN ON EQUITY (%)* NET ANNUAL YIELD (%) NET ANNUAL INCOME ($) ,080 14, ,880 10, ,640 8, ,400 6, Earn a high NET income while paying back your mortgage This means that even with the estimate of 80% occupancy, you will receive 9.6% NET annual income while paying off your mortgage. *Your 35% down payment on a $320,000 apartment equates to $112,000 Disclaimer: Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. No material presented here should be construed or relied upon as providing recommendations in relation to any legal or financial product. 30

30 THE FINANCIALS The Springs Pool Flexible & appealing resale prospects You can choose to resell your property at any time, with the revenue share agreement passed on in full to the new buyer. There is likely to be a sizeable pool of buyers interested in purchasing your apartment, with investors attracted by effortless high NET yields and thousands of others interested in owning a property in the world s most visited city. This property investment can work for anyone, anywhere unlike residential property, which only appeals to those interested in a specific property and a specific spot. With regard to capital growth, the revenue generated by your property is likely to increase once the entire resort is fully constructed and operational. The glowing reputation of the resort is already well established and, with such an expert team on board, this should continue to grow. With no sales chain, resale should be straightforward and can be completed much faster - and with much less cost and hassle than a typical residential property. 31

31 THE FINANCIALS The Lobby Payment process STEP 01 Pay a $5,000 reservation deposit into our USD bank account STEP 02 Within 3-5 days, you will receive a DocuSign contract which must be signed within 15 days under Florida law. Pay 10% of the purchase price to the escrow account provided STEP 03 The developer will notify you of the completion date, when the final balance is due (currently Spring 2018) STEP 04 STEP 05 Pay balance (minus reservation deposit) and provide identification, proof of funds and other closing documents Sign the operating agreement STEP 06 You will start to receive 51% of the NET rental income 32

32 THE TEAM Award-winning property developer As one of the most experienced property developers working in the US today, BTI Partners' portfolio encompasses more than 18,000 luxury residential homes and over two million square metres of commercial property. This company is respected regionally and nationally, and holds three of the industry s highest awards Florida s Best Builder and Builder of the Year from the Builders Association of South Florida, and America s Best Builder by the National Association of Home Builders. This standard of excellence has been extended to Lakeside Serviced Apartments Resort & Spa, which has already won 13 BASF Florida s BEST awards. Lakeside Serviced Apartments Resort & Spa Over 8,000 acres in recent portfolio America s Best Builder South Florida s Best Builder Builder of the Year 13 BASF Best awards 33

33 THE TEAM Quality onsite management Lakeside Serviced Apartments Resort & Spa is managed by Benchmark Hospitality, a world renowned global hospitality company. This top 20 US management firm boasts 70 luxury resorts worldwide, with 8,000 rooms and $3 billion in assets. These include the nearby Villas at Grand Cypress - TripAdvisor's top ranked resort in Orlando. Established over 30 years ago, Benchmark today employs over 10,000 people and will use its expansive global network to maximise occupancy. This encompasses sales teams, call centres, international tour operators and staff training at its own purpose built university. This unique and extraordinary resort will be one of the most inspiring additions to the Orlando market in decades. It will offer something for every guest, whether visiting for a leisure travel experience, enjoying the legendary theme parks, attending an intimate social gathering or celebration, or participating in a productive and rewarding meeting experience. Alex Cabanas, CEO, Benchmark Hospitality 34

34 THE TEAM Awards PLATINUM 1. Florida Outdoor Lifestyles 2. Pool Hotel Product Full Service Marketing Hotel Website 3. Marketing Hotel Multimedia Campaign GOLD 1. Architecture Hotel Product Luxury 2. Architecture Hotel Product Full Service 3. Interior Design Hotel Product Luxury 4. Land Planning Hotel Product Luxury 5. Landscape Architecture Hotel Product Full Service Pool Hotel Product Luxury SILVER 1. Marketing Hotel International Campaign of Florida Products 2. Marketing Hotel Video Virtual Reality 35

35 Why choose Emerging Property? Emerging Property specialise in delivering high returns from the world s top performing yielddriven asset classes. The handpicked method through which we select our properties ensures sustained demand wherever we operate. Luxury serviced apartments Leading developer named America s Best Builder Track record of sector-high NET yields Fully flexible resale options All our properties are fully managed by specialist onsite teams to ensure investors receive an effortless income. Member of the Property Ombudsman The Property Ombudsman (TPO) is a UK government approved organisation that ensures better consumer protection for home buyers and sellers, landlords and tenants 36

36 Next steps... Talk with us today Your questions answered View floor plans check availability Reserve a unit +44 (0) info@emergingproperty.co.uk

37 Informed investing Our vision is to help you tap into the enormous potential of yielddriven property investment. We are the exclusive master agent for an award-winning property developer, with offices in the UK and Dubai and supported by a global network of agents. Our consultative approach and committed after-sales team ensure that we keep buyers informed from purchase to resale. Realise your investment goals, speak with us today Disclaimer: The vendors of Emerging Property give notice that this brochure is produced for the general promotion of the development only and for no other purpose. Receipt of these particulars does not form part of any contract; they are for guidance only and have been prepared in good faith to give a fair overall view of the property and are believed to be correct as at the date of publication. The content relating to the past and/or current performance of an investment is not necessarily a guide to its performance in the future. The value of investments or income from them may go down as well as up. Prices quoted may be based on a conversion rate when the document was created and may vary. This is not a regulated investment for the purpose of the U.K.FSMA (2000). Emerging Property Investments Ltd are not regulated by the FCA and are not investment advisers and accept no responsibility for any investment decision a client takes. Copyright All content in this document, including without limitation, logos, text, images, graphics etc are protected by copyright and/or design right owned by Emerging Property Investments Ltd. No license is granted to copy, reproduce, use or otherwise deal in Emerging Property content, including any copyright or design right work of Emerging Property.