Annual Report - Electra Real Estate Ltd.

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Annual Report - Electra Real Estate Ltd.

Annual Report 2009

August 2011


Company Assets

Asia

India

5 Lands

Harbor

Group

North America

USA Canada

Electra Real Estate

Benelux

Swiss

Europe

UK

Germany UK

Hotels

9% of

16 Hilton

Hotels

Israel

Land for

Development

Office

Buildings

10 Assets 13 Assets 10 Assets 5 Assets 48 Assets

3 Assets 4 Assets 5 Assets


Assets in Israel

Land for

Development

Oranim - hotel &

Luxury

Apartments

Tel Aviv

Migdal Harakevet

Tel Aviv

Po;eg

Natania

4 Brener St.

Tel Aviv

50%

50%

50%

50%

Israel

Office

Buildings

Beit Omega

Haifa

Kodak

Petach Tikva

SAP X 2

Ra’anana

ELCO TOWER

Tel Aviv

62%

33%

50%

25%


60%

Assets in Europe

Hilton Atwerp

Belgium

Benelux

Hornbach

Zaandman, NL

Hornbach

Kerkrade, NL

Hornbach

Luxemburg

45%

45%

45%

Wilheminatoren

Rotterdam

11 Regulusweg

Den Haag

Beechavenue

Amsterdam

Boeingavenue

Amsterdam

400 Entrada

Amsterdam

600 Entrada

Amsterdam

70%

70%

70%

70%

70%

70%

Europe

Switzerland

Binzstr 38-44

Zurich, Swiss

SwissCom

Zurich, Swiss

Lowengraben

Luzer, Swiss

Nidaugasse 8

Biel

Mühlebrücke14

Biel

70%

65%

50%

50%

50%

9%

United Kingdom

16 Hilton

Hotels

Government

Worthing

Lloyds

Crawley

Government

Maidstone

100%

100%

100%


Assets in Europe

70%

70%

70%

70%

70%

70%

70%

D. Telekom

Saarbrucken

D. Telekom

Saarbrucken

ARVENA Hotel

Nürnberg

Lise-Meitner

Berlin

Rosenheimer

Munich

Kleppingstr

Dortmund

Mailaender

Hannover

Lucent

Nürnberg

AOK

Schwerin

B.M.W

Munich

D. Post

Frankfurt

Selgros

Berlin

100%

100%

50%

50%

85%

Hornbach

Berlin

Hornbach

Berlin

Hornbach

Nürnberg

Hornbach

Munich

Technologie

Park

Köln

Köln

Portfolio

X17

Europe

Germany

45%

45%

45%

45%

42.5%

70%

Wöhrl

Nürnberg

AXA

Hamburg

Dell

Halle

E&Y

Eschborn

Dresdner Bank

Frankfurt

Saturn

Frankfurt

75%

70%

70%

70%

60%

60%

UBS

Düsseldorf

UBS

Düsseldorf

ALDI

Bad Homburg

38 Lyoner St.

Frankfurt

38a Lyoner St.

Frankfurt

40 Loyner St.

Frankfurt

50%

50%

50%

50%

50%

50%


Assets in North America

20%

Harbor

Group

International,

LLC

U.S.A

300 S. Wacker

47%

Chicago

111 Washington

Chicago

2 N. Lassale

Chicago

Town Point

Norfolk

World Trade

Norfolk

60%

49%

49%

BP Tower

Cleveland

Deloitte

St. Louis

Hurt

Atlanta

E. ON

Louisville

49% Century

NYC

North America

45%

49%

40%

47%

60%

Toronto

Gateway 1

Toronto

Gateway 2

Toronto

90 Sheppard

Toronto

MTS

Winnipeg

91%

91%

55%

75%

Canada

90%

90%

90%

92%

1010 deSérigny

Montreal

25 Lafayette

Montreal

1000 deSérigny

Montreal

9600 Meir.

Montreal

Montreal

600 Rene

Montreal

1425 Rene

Montreal

1155 Univ.

Montreal

215 Redfern

Montreal

4150 Cather

Montreal

90%

90%

90%

90%

90%


Assets in Israel

Ownership: 62%

Area:

, 14000

SQM

Occupancy: 100%

Tenants:

Qualcomm

Netvision

Ownership: 33%

Area:

26,000 SQM

Occupancy: 100%

Tenants:

Kodak

Omega House, Haifa

Kodak House, Petach Tikva

Ownership: 50%

Area:

33,500 SQM

Project in process

230 Room Hotels

rent to Isrotel

For 15 years.

+46 Luxury appt.

www.seaone.co.il

Seaone Project, Tel Aviv Sea side


Assets in Israel

Ownership:

50%

20,200 SQM

23 Office

Stories

Project

towards

Establishment

Ownership:

25%

60,000 SQM

44 Office

Stories

Occupancy:

84%

Tenants:

Various

Haracevet Tower, Tel Aviv ELECTRA Tower, Tel Aviv


Assets in The UK

Central House, Crawley

Priory Gate 2a, Maidstone

Ownership:

100%

Area:

855 SQM

Occupancy:

100%

Tenants:

Lloyds Bank

Until 2015

Ownership:

100%

Area:

1,540 SQM

Occupancy:

100%

Tenants:

British

Government

Until 2016

4-5 Buckingham Gate, London

Westmoreland House, Worthing

Ownership: 75%

Area:

2,400 SQM

Occupancy: 100%

Tenants:

British

Government

Until 2020

Ownership:

100%

Area:

2,775 SQM

Occupancy:

100%

Tenants:

British

Government

Until 2014


Assets in The UK

Hilton UK– 16 Hotels

Total Acquisition Price – 417 m GBP (ERE Share – 10% )

Management Agreement with Hilton for 30 Years.

Total of 3,124 Hotel Rooms


Assets in Canada

Ownership: 90%

Area:

10,300 SQM

Occupancy: 100%

Tenants:

Canada

Government

Ownership: 90%

Area:

16,900SQM

Occupancy: 86%

Tenants:

Various

600 Rene Levesque st. Montreal

1425 Rene Levesque st. Montreal

Ownership:

90%

Area:

18,110 SQM

Occupancy:

99%

Tenants:

Various

1155 University st. Montreal


Assets in Canada

Ownership: 91.8%

Area:

60,250 SQM

Occupancy: 90%

Tenants:

Various

Ownership: 100%

Area:

20,900 SQM

Occupancy: 100%

Tenants:

Molson Beer

Company

Until 2022

9600 Meilleur st. Montreal

Ownership: 90%

Area:

9,460SQM

Occupancy: 82%

Tenants:

Various

Ownership: 90%

Area:

12,800 SQM

Occupancy: 80%

Tenants:

BDO & others

215 Redfern st. Montreal

1900 Dickson st. Montreal 4150 Saint Catherine st. Montreal


Assets in Canada

METRO LONGUEUIL

Montreal

Ownership:

90%

Area:

28,800 SQM

Occupancy:

88%

Tenants:

Various


Assets in Canada

Ownership: 55%

Area:

24,600 SQM

Occupancy: 99%

Tenants:

Canada

Government. ,

Heinz, Shell +

Ownership: 91%

Area:

21,865 SQM

Occupancy: 88%

Tenants:

Various

90 Sheppard, Toronto

Gateway Center 1&2 Toronto

Ownership:

100%

Area:

33,550 SQM

Occupancy:

100%

Tenants:

Zurich Insurance

(32%) until 2014

The Government

Of Province of

Ontario (50%)

until 2015

400 University st. - Zurich Building - Toronto


Assets in Canada

Ownership:

60%

Area:

55,500 SQM

Occupancy:

96%

Tenants:

Government

CN Railway

E&Y

Deloitte

Winnipeg Gateway Square, Center 1&2 Winnipeg Toronto

Ownership:

75%

Area:

25,700 SQM

Occupancy:

100%

Tenants:

MTS Allstream

Until 2021

MTS Building, Winnipeg


Assets in USA

Ownership:

45%

Area:

118,000 SQM

Occupancy: 84%

Tenants:

Huntington

Bank , PWC,

MCKINSEY,

National City

Bank & others

200 Public Square, Cleveland

Ownership: 60%

Area:

12,200 SQM

Condominium

conversion and

sale of apartments

In progress

Until Oct. 2010

124 Apartments

Sold

Century Tower – 1st AV. - 90 st. NYC


Ownership: 47%

Area:

26,750 SQM

Occupancy:

90%

Tenants:

E.ON Energy

Until 2015

& others

Assets in USA

E.ON Center Louisville, Kentucky

Ownership: 40%

Area:

40,800 SQM

Occupancy:

70%

Tenants:

Suntrust

& others

Hurt Building, Atlanta


Assets in USA

Ownership:

49%

Occupancy:

95%

Area:

66,200 SQM

Tenants:

Neal, Gerber &

Eisenberg LLP,

Computershare

Hartford Fire

Insurance Co.

Harris

Associates

2 North LaSalle, Chicago

Ownership:

49%

Occupancy:

91%

Area:

23,100 SQM

Tenants:

Deloitte

Accountant

until 2016 &

others

Deloitte Building, Saint Louis


Ownership: 47%

Area:

47,600 SQM

Occupancy:

88%

Tenants:

Various

Assets in USA

300 S. Wacker, Chicago

Ownership: 60%

Area:

53,800 SQM

Occupancy:

86%

Tenants:

Various

111 West Washington, Chicago


Assets in USA

Tenants :

NY Times

Wachovia Bank

Ownership:

49%

Area:

34,000 SQM

Occupancy:

89%

World Trade Center, Norfolk Town Point Center, Norfolk

Ownership:

49%

Area:

12,200 SQM

Occupancy:

85%

Tenants:

Monarch

Bank

MCI


Harbor Group Deal

•Acquisition 20% of HGI which

acquires, manages and sells real

estate, primarily in the USA

•Total Portfolio Value: 2 Billion USD

•Total Office Area under Management:

6.5M sqf.

•Total Apartments under Management:

12,000


Assets in Europe

Ownership: 75%

Area: 25,000 SQM

Occupancy: 100%

Tenants:

Wöhrl Fashion

Headquarters

Until 2022

Ownership: 70%

Area: 29,200 SQM

Occupancy: 84%

Tenants:

AXA Insurance, Mercedes-Benz

Kabel Deutschland

Wöhrl, Nürnberg

AXA Building, Hamburg


Assets in Europe

38a Lyoner st., Frankfurt

38 Lyoner st., Frankfurt

3 Assets – Frankfurt- Niederrad

Ownership: 50%

Area: 16,700 SQM

Occupancy: 68%

Tenants:

Stiegenberger Hotels,

Oyak Anker Bank,

German Government (until 2016 )

40 Lyoner st., Frankfurt


Assets in Europe

Ownership: 50%

Area:

3,650 SQM

Occupancy:

100%

Tenants:

UBS Bank &

Others

Ownership: 50%

Area:

6,500 SQM

Occupancy:

82%

Tenants:

REWE & ALDI

12 Homberger st., Düsseldorf

REWE & ALDI, Kellkhaim

Ownership: 50%

Area:

1,000 SQM

Occupancy:

100%

Tenants:

UBS Bank

Ownership: 70%

Area:

11,800 SQM

Occupancy:

100%

Tenants:

Dell until 2016

11 Cecilienallee st., Düsseldorf

Dell Center, Halle


Assets in Europe

DIY – 7 Hornbach Assets

Ownership: 45%

Area: 104,700 SQM

Occupancy: 100%

Details:

3 assets in Berlin Germany

1 asset in Munich Germany

1 asset in Luxemburg

2 asset in Netherland

15 year lease (2022-2024)


Assets in Europe

Ownership: 60%

Area:

15,350 SQM

+ 62 Apartments

Occupancy:

99%

Tenants:

Saturn

Until 2013

Ownership: 100%

Area:

14,200 SQM

Occupancy: 100%

Tenants:

AOK Until 2022

Saturn, Frankfurt

Saturn Frankfurt

AOK, Schwerin

Ownership: 70%

Area:

18,400 SQM

Occupancy:

100%

Tenants:

ERNST & YOUNG

Until 2015

E & Y Eschborn, Frankfurt


Assets in Europe

Ownership: 100%

Area: 47,200 SQM

Occupancy: 100%

Tenants: Lucent

until 2014

P

Alcatel – Lucent, Nürnberg

1400 Parking


Assets in Europe

Ownership:

70%

Area:67,700 SQM

+125 Hotel Room in

Nurnberg

Deutsche Telekom, Saarbrucken


Assets in Europe

TechnologiePark, Köln

Ownership:

42.5%

Area:

72,000 SQM

Occupancy:

100%

Tenants:

Various

The Project

Contains 15

Buildings in a 127

Dunham.


Assets in Europe

Dresdner Bank Building, Frankfurt

Ownership:

60%

Area:

33,750 SQM

Occupancy:

100%

Tenants:

Dresdner Bank

Until 2013


Assets in Europe

B.M.W, Munich & Leipzig

Ownership:

50%

Area:

47,250 SQM

Occupancy:

100%

Tenants:

B.M.W

Until 2033


Assets in Europe

Widdersdorfer Str. 2, Köln

Widdersdorfer Str. 399-403, Köln

Stolberger Str. 200, Köln Stolberger Str. 307-311, Köln

Stolberger Str. 374, Köln

Eupener Str. 135-139, Köln

17 Assets : Koln Portfolio

Ownership: 70%

Area: 122,100 SQM

Parking area: 2,100

Occupancy: 100%

Until 2012

Stolberger Str. 313, Köln


Assets in Europe

Eupener Str. 157, Köln

Eupener Str. 161a, Köln

Eupener Str. 159, Köln

Eupener Str. 146-148, Köln

Eupener Str. 161, Köln

Eupener Str. 150-152, Köln

Girlitzweg, Köln Bunzlauer Str. 1-3, Köln

Stolberger Str. 370, Köln


Assets in Europe

Lise-Meitner , Berlin

Kleppingstr. 21-23, Dortmund

Ownership:

70%

Area:

14,500 SQM

Occupancy:

100%

Tenants:

PWC

Until 2015

Ownership:

70%

Area:

4,500 SQM

Occupancy:

100%

Tenants:

Various

Rosenheimerstr 143, Munich

Mailaender Str.2, Hannover

Ownership:

70%

Area:

19,500 SQM

Ownership:

70%

Area:

17,750 SQM

Occupancy:

94%

Tenants:

Various


Assets in Europe

Ownership:

70%

Area:

12,900 SQM

11 Regulusweg, Den Haag Wilhelminatoren, Rotterdam

Ownership:

70%

Area:

16,400 SQM

Occupancy:

97%

Tenants:

Various


Assets in Europe

25-43 Beechavenue., Amsterdam 333-349 Boeingavenue., Amsterdam

Entrada 600, Amsterdam

Ownership:

70%

Area:

5,400 SQM

Occupancy:

100%

Tenants:

Kyocera

Ownership:

70%

Area:

3,900 SQM

Occupancy:

100%

Tenants:

Various

Entrada 400, Amsterdam

Ownership:

70%

Area:

5,500 SQM

Occupancy:

30%

Tenants:

Various

Ownership:

70%

Area:

3,500 SQM

Occupancy:

100%

Tenants:

Government


Assets in Europe

Ownership:

50%

Area:

2,630 SQM

Occupancy:

100%

Tenants:

Various

Ownership:

50%

Area:

4,000 SQM

Occupancy:

70%

Tenants:

Various

Mühlebrücke 14, Biel

Ownership:

70%

Ownership:

Binzstrasse 38-44, Zurich

Nidaugasse 8, Biel Löwengraben 14, Luzern

Area:

13,000 SQM

Occupancy:

71%

Tenants:

Various

50%

Area:

3,400 SQM

Occupancy:

91%

Tenants:

Various


Assets in Europe

Ownership: 65%

Area:

30,800 SQM

Occupancy: 100%

Tenants:

Swisscom

until 2026

SwissCom Aargauer st., Zurich


Assets in Europe

Hilton Antwerp, Belgium

Ownership:

60%

211 Rooms

Business Center

Restaurants

Term with Hilton

Until 2029


India

Total Projects:

1.2

Billions$

Hyderabad APPA

Ownership: 42.5%

Area: 102 Dunam

Area for develop: 312,000 SQM

Total apartments Units: 2,300

Total expected sale: 300 M$

Hyderabad - APPA

Hyderabad APPA

Ownership: 42.5%

Area: 102 Dunam

Area for develop: 312,000 SQM

Total apartments Units: 2,300

Total expected sale: 300 M$

Hyderabad Manidpally

Ownership: 42.5%

Area: 132 Dunam

Area for develop: 270,000 SQM

Total expected sale: 300 M$

Mysore

Ownership: 42.5%

Area: 39 Dunam

Area for develop: 59,000 SQM

Total apartments Units: 390

Total expected sale: 60 M$


Leading Tenants

UK Government

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