Ober-Haus: All Real Estate Services

ALL REAL ESTATE SERVICES

R E S I D E N T I A L R E A L E S T AT E V A L U AT I O N C O M M E R C I A L R E A L E S T AT E R E S E A R C H A N D A N A LY S I S PROPERTY MANAGEMENT

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

Comprehensive knowledge of the local markets and experience in the field of real estate are at the core of the services provided by Ober-Haus. Ober-Haus aims for long-term partnership between the company and its customers and for professional principles as the norm of the market. In doing so, the company builds strong ties with the public, business community, and government agencies, and sets new standards for the local market. This requires from Ober-Haus not only to expand the geographical boundaries of its activities, but also to continue maintaining and improving the quality of its services.

ALL REAL ESTATE SERVICES

90%

of customers would choose cooperation with Ober-Haus again.

2

Valuation

Residential Real Estate

3M€

1M€

„Ober-Haus“ turnover 2011 - 2015 2012

2013

2014

Research and Analysis

Property Management

Ober-Haus has 10 offices in Lithuania (Vilnius, Kaunas, Klaipėda, Palanga, Šiauliai, Panevėžys and Druskininkai) and over 110 real estate experts. Ober-Haus is the leader in terms of the annual number of real estate operations. Major local and foreign companies, mediumsized and smaller companies, investment funds and private investors trust the quality of Ober-Haus services.

2M€

2011

Commercial Real Estate

2015

A TEAM OF INDEPENDENT EXPERTS PROVIDE ALL REAL ESTATE SERVICES: • mediation in letting, selling and purchasing commercial and residential real estate; • valuation of movable and immovable property; • business valuation; • integrated real estate and investment consulting; • mediation in mid-sized and large real estate investment transactions; • real estate project conceptualisation and implementation; • court expert services; • market research and analysis.

Remigijus Pleteras

Ober-Haus Lithuania General Manager

3

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

Professional property valuation is particularly important for property owners, buyers, banks, leasing companies, financial institutions, and investors in buying a home, concluding a loan agreement, looking for investment opportunities, preparing financial statements, determining the amount of rent, and settling a civil dispute. Ober-Haus Valuation Department provides licensed movable and immovable property and business valuation services throughout Lithuania. We are the largest property valuation company in the country both in terms of the number of valuers and the scope of operations.

PROPERTY AND BUSINESS VALUATION

100%

OBER-HAUS PROPERTY VALUATIONS ARE ACCEPTED BY ALL COUNTRY’S BANKS AND FINANCIAL INSTITUTIONS

4

Valuation

Residential Real Estate

Commercial Real Estate

Property Management

Research and Analysis

WE PROVIDE VALUATIONS OF THE FOLLOWING: apartments, houses, gardens, land plots

apartments, lofts, farmhouses

Accomodation

facilities, equipment, inventory

Moveable property

industrial production lines means of transport, etc.

commercial premises, forests

Real Estate

logistics, business and other centres public objects, parcels of land

Business

shares, intangible assets, trademarks

rights of claim, etc.

OUR VALUATION SERVICES INCLUDE • Valuation of all types and sizes of movable and immovable property throughout Lithuania; • Business valuation (valuation of shares and intangible assets); • Valuation of property and other property rights (lease rights, right of superficies, etc.); • Expert valuations for bailiffs and courts (the company employs experts recognised by the courts); • Feasibility studies and business plans; • Due diligence, etc.

Saulius Vagonis

Head of Valuation & Analysis

5

Valuation

Residential Real Estate

Commercial Real Estate

Property Management

Research and Analysis

5000!

Valuated property and business value: > 1 000 000 000 â‚Ź

15 year experience

5000 valuations per year

PROPERTY AND BUSINESS VALUATION

Ober-Haus valuers offer their services to property owners, buyers, tenants, investors, and financiers.

Professionals of our company together with their counterparts in neighbouring countries carry out valuation of property portfolios in Lithuania, Latvia, and Estonia. Experience of our valuers, knowledge of local markets, and strict observation of professional standards allow us to carry out high quality valuation.

6

Valuation

Residential Real Estate

Commercial Real Estate

Property Management

Research and Analysis

OVER 40 EMPLOYEES OF THE VALUATION DEPARTMENT IN SIX CITIES

VILNIUS

KAUNAS

KLAIPĖDA

ŠIAULIAI

PANEVĖŽYS

PALANGA

STRENGTHS AND ADVANTAGES OF OBER-HAUS VALUATION DEPARTMENT: • many years of experience in the local market. We have carried out property valuation in Lithuania since 1998; • broad geographical coverage. We have valuers in six cities of Lithuania, which allows us to provide high quality services efficiently in any region of the country; • valuation is carried out in accordance with both the legal acts of the Republic of Lithuania and internationally recognised standards (MIS/EMS/RICS); • the Market Research Unit of the Valuation Department always provides valuers with the latest market data and performs reviews and analyses of property segments required for high-quality property valuations; • large number of employees allows execution of large orders in a flexible and expeditious manner; • we value privacy of our customers and always try to avoid conflicts of interests.

WE OPERATE THROUGHOUT ALL BALTIC STATES

7

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

Ober-Haus Residential Property Department provides professional and reliable residential real estate services across Lithuania. With the largest brokerage experience, highly skilled team of experts, and the most extensive network of offices in the country, Ober-Haus offers its customers optimal and most prospective solutions.

RESIDENTIAL PROPERTY

Whether you are looking for a home or thinking about investing in real estate our experts will make proposals best suited to our customers’ needs. Ober-Haus generates the largest real estate database in Lithuania. Our experts will provide you with all potential latest proposals on the market and offer information and valuable insights on current market trends, changes, financial possibilities, and prospects for the most acceptable solutions.

8

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

PROPERTY PURCHASE/SALE /LEASE PROCESS

Starting point

Visit to Ober-Haus

Achieved aim

without Ober-Haus

with Ober-Haus

Starting point

Achieved aim

Preparatory work Publication of information and advertising

Paperwork

Solving legal issues

Visits

Negotiations

SERVICES: • mediation in buying, selling and letting; • representation of the owner of the property for lease or sale; • administration of real estate lease and sale processes; • marketing and sales strategy proposals; • pricing; • consultancy.

Audrius Šapoka

Residential Real Estate Department Manager

9

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

We offer efficient and tailor-made real estate search for our customers. The choice of real estate objects is provided not only from our database, but also from all objects available on the market.

We work with the largest database of the Lithuanian Real Estate Development Association, which today has more than 8,000 unique real estate objects.

We work very fast: the process of the sale of residential property without Ober-Haus will take four months and more, while with Ober-Haus – 2-4 weeks. Our experience and knowledge help us sell any real estate quickly.

ADVANTAGES

We work with all types of residential real estate

10

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

We have accumulated broad brokerage experience working with many different scale projects thoughout Lithuania, including Ozas Park, Bendorėliai, Višinskis Hill, etc. We are pleased that with the help of our experts such project as Bendorėliai has become the largest highly desirable residential settlement in Vilnius that continues to be developed. Our expert solutions have led to success in sales performance of this and other projects.

EXPERIENCE

Bendorėliai

Ozo parkas

Višinskio kalnas

11

Elnių namai

Užupio vartai

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

Ober-Haus specialists have accumulated extensive experience in the commercial property market and provide professional mediation services in all major cities in Lithuania, Latvia and Estonia. By taking into account current trends, changing needs of the market players and their requirements, we provide advice and assistance to our customers in making optimal and viable decisions to ensure effectiveness of their activities.

COMMERCIAL REAL ESTATE

After thorough identification and assessment of all our customers’ needs, our professionals will provide the most attractive and appropriate solution and all possible alternatives.

WE: • locate office, retail, industrial, manufacturing, warehousing, logistics and other premises best suited to our customers’ needs; • help to negotiate regarding the most favourable lease terms; • advise on how to manage funds allocated to real estate; • provide all the required information to help take advantage of long-term rental opportunities in the entire region.

12

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

24% Lithuania

Property Management

2% Sweden

30% Retail 9% Holland

25% Chech

264 M € 2% Industrial 68% Offices 26% Estonia

2015 data

14% Denmark

Investment distribution by commercial real estate sectors in Lithuania

Country distribution by investment in commercial real estate in Lithuania

WE OFFER OUR CUSTOMERS: • qualified representation services for the owners of property for sale and/or lease; • services for buying, selling and letting commercial real estate; • search and valuation of commercial real estate; • analysis of any segment of the commercial real estate market and market trends; • detailed financial analysis of commercial real estate and property reports.

Darius Tumas

Commercial Real Estate Department Manager

13

Valuation

Residential Real Estate

Commercial Real Estate

Property Management

Research and Analysis

6 - 10 By average our experts have 6-10 years of relevant work experience

We have 20 commercial real estate experts working in Lithuania

Average annual number of commercial transactions - 375

We work with various size objects

EXPERIENCE

BROKERAGE EXPERIENCE IN SELLING COMMERCIAL REAL ESTATE

20 059 m²

5 500 m²

332 m²

11 349 m²

1 394 m²

Žemieji Paneriai Vilnius

V. A. Graičiūno st.

Vilnius

Mindaugo st.

Vilnius

Vytauto ave.

Kaunas

Laisvės ave.

Kaunas

14

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

We are proud of our cooperation with such companies as Barclays, Western Union, Teva, Motorola, Bentley Systems, Oracle, Compensa, H&M and many others.

The largest Lithuanian and international companies are Ober-Haus customers. We are proud to have been trusted by them throughout the start and development of their operations.

PARTNERSHIP

PARTNERSHIP WITH BUSINESS CENTRES

...

Green Hall

Beta

Sostena

15

BPT

and others

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

Investing in real estate is one of the most attractive ways to make a profit. It also involves the risk of losses resulting from investment made solely on the basis of personal experience and intuition.

Success in developing various real estate projects, i.e. the profitability of the projects, is directly proportional to making a correct selection of the project concept and an effective marketing strategy (realisation of the completed product fast and for the highest possible price).

In developing the future product concept and marketing strategy, the key and most significant indicator of the feasibility of a real estate investment project is the reliability of information used for decision-making and its adequacy to the market and its expectations.

RESEARCH AND ANALYSIS

Our experts provide regular free surveys to reflect market realities. The surveys are publicly available on the company’s website at www.ober-haus.lt. We provide: • real estate prices in Lithuania (monthly); • overview of the Lithuanian apartment price index (OHBI) (monthly); • overview of the apartment price indexes in the capital cities of the Baltic states (monthly); • comments on the residential property market (quarterly); • comments on the commercial property market (quarterly); • annual overview of the real estate market of the Baltic states.

16

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

The objectivity and significance of our information to the local market is reflected in the fact that it is used and cited by the country’s largest commercial banks, public institutions and all media.

Saulius Vagonis Head of Valuation & Analysis

THE OBER-HAUS TEAM OF ANALYSTS PREPARE CUSTOM MARKET RESEARCH AND FEASIBILITY STUDIES TAILORED TO EACH CUSTOMER’S INDIVIDUAL NEEDS: • real estate market research and analyses; • feasibility studies of different scope; • detailed analysis of specific projects; • project pricing services.

Saulius Vagonis

Head of Valuation & Analysis

17

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

Ober-Haus Real Estate Management Group helps reduce worries and increase revenues for all property owners, whether legal entities or private individuals. Our internal Market Research department, project group and legal experts work together to relieve owners of endless stress in property management.

PROPERTY MANAGEMENT

Ober-Haus provides solutions with all property management issues: collects rents, distributes charges for maintenance of the premises and/or utility services, concludes property maintenance contracts, and supervises repair and renovation work. In addition, we can help owners increase real estate yields by identifying areas for improvement, changing lease terms, renegotiating lease contracts, and developing effective project implementation programmes.

18

Valuation

Residential Real Estate

Commercial Real Estate

Research and Analysis

Property Management

We assist with all issues related to property management:

Will the tenant become indebted for rent and utility services?

Who will Will the tenant represent me, if use my property an insured event properly? related to the property occurs?

Who will provide advice regarding taxes payable for leased property?

Who will take care of the property during the search for a new tenant?

Who will check inventory at the end of the tenancy?

PROPERTY MANAGEMENT SERVICES INCLUDE: • representation of the owner in dealing with tenants. Resolving tenancy-related issues between the landlord and the tenant on a daily basis. Inventory check of the property that is being transferred or returned; • payment management. Calculation and collection of rent, mortgage payments, payments for utility services and other charges, and issuing invoices to tenants; • debt administration. Performance of all the necessary actions required to recover rent arrears; • property maintenance and repair. Property inspection for its proper use according to the provisions of the lease agreement. Elimination of any equipment breakdowns and other failures; • consultancy services. Consulting property owners regarding improvement of the attractiveness of the property in order to maximise returns. Consulting on legal and tax issues; • other services. Provision of additional services at the owner’s request under best market conditions (insurance, security, cleaning, etc.).

Goda Kolesnikovaitė Property Management Expert

19

JOHVI TALLINN

PARNU

TARTU

VALMIERA VENTSPILS RIGA

TALSI

LIEPAJA

JEKABPILS

DAUGAVPILS

JELGAVA ŠIAULIAI

PALANGA KLAIPĖDA

PANEVĖŽYS KAUNAS

VILNIUS

DRUSKININKAI

www.ober-haus.lt/en

OBER-HAUS OFFICES VILNIUS MAIN OFFICE +370 5 210 97 00 info@ober-haus.lt Geležinio Vilko st. 18A KLAIPĖDA OFFICE +370 46 402 016 klaipėda@ober-haus.lt S. Daukanto st. 3

VILNIUS CENTRE OFFICE +370 5 231 41 67 centras@ober-haus.lt Kaštonų st. 8 ŠIAULIAI OFFICE +370 41 399 063 siauliai@ober-haus.lt P. Višinskio st. 37

VILNIUS OLD TOWN OFFICE +370 5 266 65 55 senamiestis@ober-haus.lt Didžioji st. 20 / Savičiaus st. 1 PANEVĖŽYS OFFICE +370 45 509 000 panevezys@ober-haus.lt Respublikos st. 37

VILNIUS ULONAI OFFICE +370 5 250 74 00 ulonai@ober-haus.lt Ulonų st. 2, Vilnius PALANGA OFFICE +370 460 51 700 palanga@ober-haus.lt Vytauto st. 99

KAUNAS OFFICE +370 37 337 101 kaunas@ober-haus.lt Kęstučio st. 56 DRUSKININKAI OFFICE +370 313 52 300 druskininkai@ober-haus.lt M.K. Čiurlionio st. 55