REAL ESTATE BONUS: Receive an additional 100% of your investment in BBK TOTAL ROI: 230%+ at year 10 IRR: 23% BROCHURE

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1 REAL ESTATE BROCHURE BONUS: Receive an additional 100% of your investment in BBK TOTAL ROI: 20%+ at year 10 IRR: 2%

2 2 INVESTMENT SPECS Property type: Multi-unit residential Location: Frankfurt (Wiesbaden) Project cost: 2,200,000 Funding target: 800,000 Bank financing: 1,400,000 Investment rate of return: 48-65% per year Return on investment: ~60% Hold: 10 years BONUS: Receive an additional 100% of your investment in BBK TOTAL ROI: 20%+ at year 10 IRR: 2% Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

3 INVESTMENT HIGHLIGHTS Receive +100% of your investment in BBK tokens! This bonus is to celebrate the world s first tokenization of real estate Equity multiplier: 275 For every euro invested, you receive 275 worth of the property value +1 euro worth of BBK, for a total value of 75 for every one euro invested! Property prices in Wiesbaden are expected to grow 177% by 200 (fourth-fastest rate of growth in Germany) - Wohnatlas 2016 High demand for rental properties (9458 apartments available per 100 households) in Wiesbaden - Wohnatlas 2016 Below-market financing from bank: 1,400,000 of financing provided at a rate of 205% per year and a rate of 20% amortization locked for 10 years Open opportunity: There are currently two vacant units 100,000 is allocated for renovating these units to meet current modern standards Value added through property improvements: The property is currently not realizing its full rent and occupancy potential The above-mentioned renovation budget will prime the building for full occupancy Proximity to employment and amenities: the property is located near several employment, recreation, and entertainment options in the immediate vicinity Residents of Wiesbaden also benefit from convenient transit options to Frankfurt Experienced third party property management: The management of RSI Group has 20+ years of experience within the real estate sector, including but not limited to asset management, real estate finance and property development RSI uses a vast network of the largest and most professional property managers and service providers and coordinates them for their clients The property is backed by a sinking fund to cover all repairs and maintenance Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

4 4 PROJECT Schönbergstraße 1 Units: 8 Size: Location: 605 square metres Wiesbaden-Dotzheim Renovations & improvements: 200, 2005, 2007, 2016 Future renovation budget: 100,000 (to renovate two vacant apartments and minor cosmetic improvements) Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

5 5 Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

6 6 MARKET Economic engine As the state capital of Hessen, Wiesbaden s economy is powered by a broad mix of sectors These include pharmaceuticals, high-tech, IT, manufacturing, and creative industries The city is home to many Hessian ministries, as well as the Federal Criminal Police Office and the Federal Statistical Office of Germany Wiesbaden hosts a number of international companies that have their German or European headquarters in the city, including Abbott Laboratories, DXC Technology, Ferrari, Federal-Mogul, Melbourne IT, Norwegian Cruise Line and SCA Several German companies also have their headquarters in Wiesbaden, including SGL Carbon, Dyckerhoff, KION Group, DBV-Winterthur and R + V Versicherung Strong real estate market As the Hessian state capital evolved from a fashionable health resort into an international administrative and service centre, demand for housing has not been met with sufficient supply The median asking rental price in Wiesbaden has risen from 881 to 10,72 per square metre over the last four years Purchase prices for 60-square meter flats have increased from 194,60 in 2011 to 191,88 in 2016 on average According to the 2016 Wohnatlas published by Postbank, real estate prices in Wiesbaden are expected to continue to increase significantly in the near future Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

7 7 Well-connected Together with nearby Frankfurt am Main, Darmstadt and Mainz, Wiesbaden is part of the Frankfurt Rhine Main Region, a metropolitan area with a combined population of more than six million people Frankfurt, a major international financial hub, can be reached in 0 minutes by car or rail (S-Bahn network connection) Frankfurt International Airport is just 25 kilometres away Favourable demographics Wiesbaden is the 10th-richest city in Germany, boasting 110% of the national average gross domestic product (2017) The average citizen has a purchase power of 24,78 The city s diverse economy and emerging creative sector have contributed to a significant net migration of young people in recent years Fun facts Wiesbaden is one of the oldest spa towns in Europe and was at one point considered the Nice of the North Its name translates to meadow baths Wiesbaden is the birthplace of Anheuser- Busch co-founder Adolphus Busch, Formula One champion Nico Rosberg, and American tennis star John McEnroe Priscilla Presley, Mickey Rourke, and Reese Witherspoon have all called Wiesbaden home at one point in their lives Experienced third party property management: The management of RSI Group has 20+ years of experience within the real estate sector, including but not limited to asset management, real estate finance and property development RSI uses a vast network of the largest and most professional property managers and service providers and coordinates them for their clients The property is backed by a sinking fund to cover all repairs and maintenance Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

8 8 Wiesbaden: Elegant spa city and ambitious serice center The Hessian state capital has evolved from a fashionable health resort into an international administrative and service center In the 19th century the city became a playground of high society, where nobilty and bourgeoisie gathered for entertainment and recuperytion The stays of the German Emperor Wilhelm I and Wilhelm II, in whose favor Wiesbaden became the meeting place of nobility, arts and politics, drew crowds to the area Since Wiesbaden suffered little structural damage in the Second World War, the historical building stock laregly survived The Old fuctional Areas of the spa town remain visible The Quellenviertel area features the old bat houses, now operated as hotels The Kurhaus boasts the casino that reveived a literary memorial in the dosdoyevsky novel The Gambler, but it is also the venue of balls and large festivals Wiesbaden s reputation as a world spa city is also attributable to a number of prestigious public buildings and extensive landscaped grounds in the city centre Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

9 9 The two urban expansion zones, Bergkirchenviertel and Inneres Westend, reflect the structure of the historic working-class district with its characteristic courtyards and workshops still largely intact The urban expansion zone Ringkirchenviertel remains the preferred residential area of the upper middle class The heritage-protected overall structure of Wiesbaden is one of the most extensive heritage areas in Germany The maintenance and preservation of the historic building stock has played a significant role in the city s urban development for decades In summer 2012, the City submitted an application to become a UNESCO World Heritage Site as the stage of high society and culture in the 19th century The Hessisches Staatstheater Wiesbaden is the State Theatre of the German state Hesse in its capital Wiesbaden, producing operas, plays, ballets, musicals and concerts on four stages It is also known as Staatstheater Wiesbaden or Theater Wiesbaden, its orchestra is the Hessisches Staatsorchester The building was inaugurated in 1894 Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

10 Financials: 10 Base Data Appartment No Size sqm rooms status net rent actual net rent target s/t Ground floor left renovated Ground floor right new floor st floor left renovated st floor right not renovated nd floor left not renovated nd floor right renovated loft left renovated loft right renovated floor space: 6057, ,677,55 Purchase price: 1,915,00000 per square meter:,165 Plot size: 651 m² Year of construction: 1955 Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

11 11 Purchase Purchase price: 1,915,00000 Funding: Notary: 8,0000 RE Puchase Tax: 114,90000 Loan from Geno Bank: 1,400,00000 Cost of SPV: 25,00000 Equity required: 800,00000 Total cost: 2,09,20000 Renovation cost 100,00000 Cost incl renovation: 2,19,20000 Operating expenses Maintenance reserve 0,50 per sqm/month Property Management 24,00 per unit/month Rental Management 24,00 per unit/month Asset Management 200,00 per month operating exp Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

12 12 Equity 800,00000 Rent increase 250% (starting year ) Purchase price 1,915,00000 Value increase 275% Bank loan 1,48,00000 Operating exp 10,64022 Op Exp Incr 250% Interest rate 205% Amortisation 200% Annuity: 58,26000 Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE

13 1 year interest pa 24541, ,6 2840, , , , , , , ,76 amortisation 9588, , ,08 044,0 107, ,29 272,62 042,54 726,1 4424,24 Operating expenses 10640, , , , , ,4 129, , , ,18 Rent: Ground floor left 500,00 550,00 56,75 577,84 592,29 607,10 622,27 67,8 65,78 670,12 Ground floor right 6,00 664,65 681,27 698,0 715,76 7,65 751,99 770,79 790,06 809,81 1st floor left 510,00 561,00 575,0 589,40 604,14 619,24 64,72 650,59 666,85 68,52 1st floor right* 475,00 950,00 97,75 998,09 102, , , , , ,48 2nd floor left* 60,00 720,00 78,00 756,45 775,6 794,75 814,61 84,98 855,85 877,25 2nd floor right 640,00 704,00 721,60 79,64 758,1 777,08 796,51 816,42 86,8 857,76 loft left 790,00 869,00 890,7 912,99 95,82 959,21 98, ,77 102, ,79 loft right 599,00 658,90 675,7 692,26 709,56 727,0 745,48 764,12 78,2 802,81 Rent total month: 4507, , , , , ,95 642,6 6584, , ,54 Rent total year: 45070, ,60 698, ,71 769, ,4 7708, , , ,52 Cash Flow 00,0-1005,6 424, ,6 94,9 495, ,1 812,7 9791, ,4 loan end of year , , , , , , , , , ,68 Property value , , , , , , , , , ,7 Net Value: 59250, , , , , , , , , ,05 IRR 5,91% Assumption property sale in year 10 Information displayed provided by: RSI Sachwert-Konzept GmbH & Co KG, Taunusstraße 62, 6518 Wiesbaden, DE * rent for 6 months