The Olav Thon Group - Norway

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EUROPE´S MOST PROSPEROUS MARKET

NORWAY NORWAY´S LEADING COMPANY IN PROPERTY AND MANAGEMENT

olavthon-shopping.com

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the olav thon group

NORWEGIAN CONSUMPTION IS EXPECTED TO RISE BY MORE THAN 4 PERCENT ANNUALLY OVER THE PERIOD 2013-2015

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NORWAY'S CENTRAL BANK PREDICTS CONTINUED GROWTH IN WAGES.


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A COUNTRY WITH A UNIQUE ECONOMIC POSITION

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AFFLUENT CONSUMERS

STATISTICS NORWAY PREDICTS AN EVEN BIGGER SHOPPING SPREE.

Compared with other countries in Europe, the recession has had little impact on Norway. This is mainly because of the high growth in demand from the petroleum sector and low interest rates.

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Europe´s highest price levels for consumer goods and services (2012) ■ 59 per cent higher than the average of the 27 EU Member States ■ 24 per cent higher than Sweden ■ 12 per cent higher than Denmark

NORWAY IS THE SECOND LARGEST COUNTRY IN EUROPE IN TERMS OF POPULATION GROWTH.

the olav thon group

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WE DON'T FOLLOW THE TRENDS. WE CREATE THEM.

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billion The Olav Thon Group is involved in retailing and industrial enterprises, real estate, hotel and restaurant operations. The Group had a turnover of €1 billion in 2012 and employs around 3,200 people.

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THE OLAV THON GROUP

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NORWAY’S LEADING SHOPPING CENTRE GROUP The Olav Thon Group owns and administers 97 shopping centres, with annual retail sales of around € 7.6 billion (2012). In addition, the Group owns a large number of retail stores and restaurants, mainly in the Oslo area. the olav thon group on web

the olav thon group

The Olav Thon Group wishes to create the best possible framework to enable lessees to meet their customers and operate profitably. 7


97

shopping centers

the right mix of stores and concepts means that our centres offer customers an exciting range of services. We provide depth in selected retail specialities, while still maintaining excellent shop diversity. This has proven to attract customers and increase sales.

the olav thon group

list of all shopping centers

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CREATING A PLEASANT SHOPPING ENVIRONMENT HAS ALWAYS BEEN A KEY PRIORITY.

Within our shopping centre group, there are 50 Amfi branded centres.

We believe that good logistics in and around the building are essential for a successful customer experience. We focus on this for both our newbuild and upgraded centres.

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Namsos

94

the olav thon group

Steinkjer Verdal

TRONDHEIM

Kristiansund

shopping centres across Norway

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= SHOPPING CENTERS

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OSLO

Lillestrøm

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STAVANGER Skien

Fredrikstad

Sandnes Larvik Kragerø Egersund

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KRISTIANSAND Brønnøysund

Arendal

Flekkefjord

Mandal

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KIRKENES

TROMSØ Kirkenes

NORTH NORWAY Alta

TROMSØ

34% of all retail sales in Norway take place in shopping centres.

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YOUR CONCEPT ALL OVER NORWAY IN A FLASH

the olav thon group

The Olav Thon Group is the only company offering facilities throughout Norway. We know the market and are here to help you create success. 11


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the olav thon group

THE IMPORTANCE OF UPGRADING To meet the requirements and expectations of our clients we constantly develop and upgrade our portfolio of properties. Currently 26 of our shopping centres are in the course of reconstruction and expansion.

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we are not only the largest. we are also 2010 the best.

the olav thon group

SANDENS NOMINATED BY ICSC TO THE EUROPEAN SHOPPING CENTRE AWARDS 2010

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2010

2011

2012

SANDVIKA STORSENTER AWARDED BEST NORDIC SHOPPING CENTRE 2010

AMFI ALTA AWARDED BEST NORWEGIAN SHOPPING CENTRE 2011

STORO STORSENTER AWARDED BEST NORWEGIAN SHOPPING CENTRE 2012

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the olav thon group

In addition to its shopping centres, The Olav Thon Group offers a large range of retail properties in Oslo and other major cities.

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the olav thon group

STREET LOCATION 17


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1.2 MILLION PEOPLE LIVE IN THE OSLO REGION.

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shopping centres, department stores and high street locations

the olav thon group

Karl Johans Gate in the centre and Bogstadveien to the west are Oslo's main shopping streets, and are home to international high-end brands, retail chains and national brands. The Olav Thon Group has attractive retail spaces in both areas, totalling 65,OOO sqm.


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oslo offers a variety of shopping. 19


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MOODS OF NORWAY

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NILSSON SHOES

ARKADEN 25 shops; including T The Body S Kaffebrenn and Sessio

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KARL JOHANS GATE

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G-STAR RAW

POSTHALLEN Designer stores; including Freudian Kicks, Henrik Vibskov, Leila Hafzi.

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MANGO

KONGENS GATE

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STEEN & STRØM Aprox. 60 shops; Including Hermes, Polo Ralph Lauren, Burberry, Lexington, Michael Kors and Gucci.

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HERMES

PRINSENS GATE

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65,000 SQM HIGH STREET LOCATIONS

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we have the most attractive location for your concept in oslo

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CUBUS EGER Aprox. 25 shops; Including Høyer, Tommy Hilfiger, G-Star Raw and Nespresso.

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APOTEK

OSLO CITY 90 shops and places to eat; including: Starbucks, Oasis, KappAhl, Lindex, H&M, Esthetique.

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GLASMAGASINET Aprox. 35 shops; including Nü by Staff, Container, Mikko and Wolford.

THE OLAV THON GROUP OWNS A LARGE PROPORTION OF THE HIGH STREET RETAIL SPACES ON KARL JOHANS GATE AND OTHER ATTRACTIVE SHOPPING STREETS IN THE CENTRE OF OSLO. ST O RG AT A

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COSMOPOLITAN OSLO the olav thon group

A high standard of living and travelling extensively have done something for Norwegians’ eating habits.

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the olav thon group

w "Oslo is to coffee what San Sebastian or Copenhagen is to food: it’s where you go to get your mind blown." OLIVER STRAND, Coffee specialist New York Times

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The average Norwegian household spends â‚Ź 3,300 per year on home renewal (decoration, furniture, appliances etc.)

the olav thon group

SOME 70 % OF ALL HOUSEHOLDS HAVE A CAR AND ALMOST A QUARTER HAVE TWO OR MORE CARS.

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NORWAY HAS THE LOWEST UNEMPLOYMENT RATE IN EUROPE AT 3.6%

THE AVERAGE NORWEGIAN HOUSEHOLD SPENDS € 2,800 PER YEAR ON SHOES AND CLOTHING.

Norway is among the countries with the highest number of recreational boats per capita.

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facts and numbers Statistics Norway

the olav thon group

€ 61,800 is the average annual salary for all employees in Norway. The highest paid 10% have an average annual salary of € 122,000. 25


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THE OLAV THON GROUP IN BRIEF Norway's largest shopping centre company ■ Locations nationwide ■ 6000 leases ■ Solutions adapted to your needs ■ Over 30 years of experience in operations and management ■ High levels of expertise in the retail sector ■ Fast decision making ■ A solid and serious partner for your concept ■

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THE OLAV THON GROUP IN NUMBERS (2012) € 1 billion turnover € 500 million rental income ■ € 6.8 billion sales at shopping centres in Norway ■ € 800 million sales at shopping centres in Sweden ■ 475 properties in Norway ■ 25 properties abroad ■ 3200 man-years ■ ■

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halvor østerli Property Manager

thomas rønning Property Director

gry ingunn flataker Property Director

halvor.osterli@olavthon.no Mob. +47 926 97 688 Tel. +47 23 08 01 10

thomas.ronnig@olavthon.no Mob. +47 913 29 730 Tel. +47 23 08 01 22

gry.ingunn.flataker@olavthon.no Mob. +47 982 87 376 Tel. +47 23 08 01 26

lise lind Property Director

jørgen sollie Property Manager

simen brekke olsen Property Director

lise.lind@amfi.no Mob. +47 934 42 442

jorgen.sollie@olavthon.no Mob. +47 970 81 680 Tel. +47 23 08 01 72

simen.brekke.olsen@amfi.no Mob. +47 915 11 378

Stenersgata 2, Postboks 489 Sentrum, NO-0105 Oslo +47 23 08 00 00

olavthon-shopping.com amfi kreativ as | photo Frode Larsen, Nathan Lediard, Birgitte Lunde, Lars Mathisen, Trude Reiten, Sissel Ødegård, Scanpix, Johnér | facts and numbers Statistics Norway


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