Morast retail area

cHarlottenberg – sweden

morast retail area 2 Vi Weutvider expandmed with27.500 27.500mm2 Forventet åpning våren Expected opening spring2014 2014

we build retail in sweden

cHarlottenberg – sweden

contents ■ Facts on cross border shopping ■ Charlottenberg today ■ Development plans, Morast ■ Contact

cHarlottenberg – sweden

our swedish centres

OSLO

Charlottenberg

Töcksfors

Nordby

GÖTEBORG

cHarlottenberg – sweden

facts on cross border shopping 7.1 MILLION DAY TRIPS 52 per cent of cross border shopping takes place in the Strømstad/Svinesund area.

Charlottenberg accounts for a further 19 per cent, while retail areas in the rest of Sweden account for 23 per cent. This means that 94 per cent of Norwegian cross border shopping takes place in Sweden.

Norwegians in 2011 shopped for NOK 11.5 billion on daytrips to neighbouring countries.

This is an increase of 9 per cent on 2010. The number of day trips increased by 12 per cent in the same period, from 6.3 million trips to 7.1 trips.

SOUTH-EAST NORWAY SHOPS MOST Residents of south-east Norway are the most active cross border shoppers. The counties of Østfold, Vestfold, Buskerud and Telemark accounted for NOK 4.47 billion of a total cross border shopping of NOK 11.5 billion.

This is furthermore NOK 300 million higher than the year before. The counties of Oslo and Akershus account for the next highest amount of, in 2011, NOK 3.6 billion, NOK 500 million more than 2010.

MARKET SHARE STRÖMSTAD Nordby Shoppingcenter – 63% market share in Strömstad CHARLOTTENBERG Charlottenbergs Shoppingcenter – 71% market share in Charlottenberg TÖCKSFORS Töcksfors Shoppingcenter – 87% market share in Töcksfors

Figures from Statistics Norway 05678: Cross border shopping. The number of day trips and the amounts spent by shoppers for all cross border shopping / destinations

Sales development at our three centres, 2006-2011

cHarlottenberg – sweden

CHARLOTTENBERGS SHOPPINGCENTER FACTS • The area of the centre is 31,000 m • 1,150 free parking spaces • 56 shops

2

LOCATION

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• Charlottenberg is located in the Municipality of Eda, on state highway 61 between Kongsvinger and Karlstad.

• 7 km from the national border.

• Local population, around 315,000 citizens.

• Population of around 1.5 million within a radius of 120 km (around 300,000 on the Swedish side and around 1.2 million on the Norwegian side).

cHarlottenberg – sweden

CHARLOTTENBERGS SHOPPINGCENTER INCREASES IN SALES År 2006 2007 2008 2009 2010 2011

År 2006 2007 2008 2009 2010 2011

Omsetning Økning 233 722 000 (åpnet okt.)

957 137 000 310 % Omsetning Økning Bransjer 722 000 okt.)

1 233 091 931(åpnet 000 14 % Hus og hjem 957 137 000 310 % Klær, sko og reiseeffekter 091 931 000 % og drikke 111 335 993 1422000 22 % Mat 335 993 000 % Servering 471 419 000 % og tjenesteytelser 111 471 419 10000 10 % Service 532 858 818 4% Spesialbutikker 1 532 858 818 4 % Sum

Some of our shops

NUMBERS OF VISITORS

EXPECTED SALES

• 2.6 million in 2011

• SEK 1.6 billion

2010 112 694 163 192 754 031 902 516 912 46 538 698 7 265 708 209 649 710 1 471 419 222

Bransjer Hus og hjem Klær, sko og reiseeffekter 2011 Økning 121 149 592 Mat 8og % drikke 196 360 266 2% 952 373 650 Servering 6% 48 599 650 4% 7 501 199 Service 3% og tjenesteytelser 206 874 461 -1 % 1 532 858 818 4% Spesialbutikker Sum

2010 112 694 163 192 754 031 902 516 912 46 538 698 7 265 708 209 649 710 1 471 419 222

2011 121 149 592 196 360 266 952 373 650 48 599 650 7 501 199 206 874 461 1 532 858 818

Økning 8% 2% 6% 4% 3% -1 % 4%

1 800 000 000 1 600 000 000

Hus og hjem

1 400 000 000

Klær, sko og reiseeffekter

1 200 000 000 1 000 000 000

1 800 000 000

800 000 000

1 600 000 000

400 000 000

1 400 000 000

Mat og drikke

Serie1

Servering

600 000 000

Service og tjenesteytelser

200 000 000

Spesialbutikker

0 2007

2008

2009

2010

2011

Klær, sko og reiseeffekter

1 200 000 000 1 000 000 000 800 000 000 600 000 000

400 000 000

Hus og hjem

Serie1

Mat og drikke Servering

Service og tjenesteytelser

cHarlottenberg – sweden

morast RETAIL AREA DEVELOPMENT

Thon Sverige AB owns a number of properties in the area around Charlottenbergs Shoppingcenter. The regulation of the area for further retail activities has now been completed.

The total area of construction stage 1 is 27,500 m2, which will accommodate 4-6 large retail units alongside the shopping centre.

CONSTRUCTION START Expected stage 1 construction start, spring 2013

COMPLETION Expected stage 1 opening, spring 2014

LOGISTICS / GOODS DELIVERY Goods delivery access will be simple

CONSTRUCTION STAGE 1

CONSTRUCTION CONSTRUCTION STAGE STAGE 2 2

cHarlottenberg – sweden

byggetrinn 1

byggetrinn 2

byggetrinn 2

cHarlottenberg – sweden

contaCt

Property Director Thon Eiendom

Ole-Christian Hallerud

Tel +47 23 08 01 18 Mobile +47 920 16 428 E-mail ole.hallerud@olavthon.no

cHarlottenberg – sweden

www.olavthon.no