Remscheid - Shopping Center

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Shopping center located in Remscheid near Dusseldorf and Cologne. Established in 2009.

Property size - 3,055 square meters of shopping space and a underground parking, as well as open parking spaces in the front of the structure.

Plot area - 6,817 square meters.

Bank loan (as of 12/31/2014) of approximately 3,642 thousand Euro. The loan was taken for seven years (November 2011) with a fixed annual interest rate of 3.77%.

Annual rent - approximately 415 thousand Euro.

The Company holds 94%.

Main tenants - Penny (supermarket) until 1/30/2028, Rossmann (drugstore) until 4/30/2019, Takko (clothing) until 1/30/2024, Apoteke (pharmacies) until 4/30/2019.

General description:

Shopping center located in Remscheid near Dusseldorf and Cologne. Established in 2009 and is entirely leased.

Date the property was purchased - 2/1/2012

Additional information about the property can be found in the shelf prospectus of Lahav L.R on the Company website and the Securities Authority website. Updates can be found in ongoing reports to the stock exchange on the Company's website and the website of the Securities Authority.