Pablo R. Kiesel

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Beverly Hardy
5 years ago
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1 Pablo R. Kiesel

2 Presentation Overview of the company Market evolution of office buildings in Buenos Aires Construction business going forward RAGHSA s vision Green/Sustainable buildings in Argentina Conclusion

3 Overview of the company With more than thirty years of experience in real estate development, RAGHSA constructs quality projects and establishes building trends. We focus in office buildings and residential tower.

4 Our Track Record Completed Projects: m2 of A Class Office in Buenos Aires, Argentina m2 of Residential Buildings in Buenos Aires, Argentina m2 completed Current Projects (Under construction) m2 of A Class Office in Buenos Aires, Argentina m2 of Residential Buildings in Buenos Aires, Argentina and Punta del Este, Uruguay m2 being built

5 Company s business: Le Parc Residential Buildings Premium locations High-rise Buildings River and city views Amenities High-end materials Highest quality finishes (include VAV, HVAC, Double-Pane high-performance insulated glass)

6 Le Parc Residential Tower Palermo

7 Le Parc Puerto Madero

8 Le Parc Figueroa Alcorta

9 Le Parc Punta del Este

10 Company s Business: A Class Office Sold

11 Company s Business: A Class Office For rent

000 m2 Puerto Financial Madero: Center140.

12 Market evolution of Office Buildings in Buenos Aires Area: 4200 km2 km2 Stock: Inhabitants: m2 Catalinas Political Center : m2 Puerto Financial Madero: Center m2 Plaza Economical San Martín: Center m2 Plaza Roma: m2 Microcentro: m2

13 Prices Vacancy New Stock - Absoption Rental Rental - vacancy Vacancy % 16% 14% 12% 10% 8% 6% 4% 2% 0% New Stock New Stock - Absorption Absorption

14 Minimal request for A Class Office in Argentina Location Raised Technical Floor Fire detection and warning, sprinklers and pressurized stairways Access Control and Security Parking spaces: 1 space / 100 m2 Air conditioning system (VAV o VRV) Double-Pane high-performance insulated glass Generating set for electric supply High speed elevators Suspended ceilings

15 Construction going forward Competitive market Sophisticated consumer Efficient office buildings Reducing operating expenses Rational use of resources Sustainable (green) building

16 RAGHSA s vision ISO: Coordinate, simplificate and align procedures and methodologies for standardization and cost reduction NFPA: Minimal request for fire prevention LEED or EPBD: Minimal request for new constructions

17 Madero Office First Building in Argentina to pre-certificate LEED Core and Shell 2.0

18 Madero Office November 7, 2008 January 23, 2009

19 Madero Office March 6, 2009 April 30, 2009

20 Madero Office May 14, 2009 June 26, 2009

21 Madero Office July 12, 2009 September 11, 2009

22 Madero Office October 2, 2009 October 2, 2009

23 Madero Office November

24 Green/Sustainable Building: Why in Argentina? Corporate Social Responsibility Improves asset valuation Marketing Efficient use of scarce resources Reduce environmental impact of construction materials Improves work environment for office tenants Construction quality Ultimate Technology applied to the project Efficient project Differentiation Comparative Advantage

25 Green Building: Challenges for innovation in Argentina Our experience Over cost of 7% because of: LEED s advisers Commissioning Construction of extra SQM Architecture design align to LEED s request Technology applied to align LEED s request Authorized materials Capacitating HR for LEED s Health & Safety

26 Conclusion Starting to align to new construction s trends Private Investment Awareness for the rational use of resources Green/Sustainable buildings

27 Wielen Danke

2018 Q2. Buenos Aires Office Market Report

2018 Q2. Buenos Aires Office Market Report 2018 Q2 Buenos Aires Office Market Report 2 JLL Introduction One of the more relevant aspects of the economic situation during the second quarter of 2018 was the behavior of the exchange rate. Following