semi-annual report 30 Sep 2010 - SEB Asset Management

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Location of property Type of use (as a % of estimated net rental) Area in m 2 Property data 44 | SEB ImmoInvest Type of property Project/portfolio development measures Office Retail/catering Industrial (warehouses, halls) Hotel Residential Leisure Parking spaces Other II. Directly held properties in countries with other currencies United Kingdom B32RB Birmingham 2 St. Philips Place C – 100 0 0 0 0 0 0 0 12/2009 2002 1,170 5,893 37 A, P, H, C 2 B Japan 1050013 Tokyo 1-22-5 Hamamatsucho 5220003 Osaka C – 91 0 0 0 0 0 5 4 04/2007 1985 836 3,036 22 A, G, P, H 3 B 4-1-4 Miyahara C – 88 6 0 0 0 0 5 1 04/2007 1992 1,017 6,143 38 A, G, P, S, H 3 C Poland 00-446 Warsaw ul. Fabryczna 5, 5a C/H – 94 0 0 0 0 0 5 1 11/2007 2005 4,274 12,633 96 D, A, P, S, H 2 A USA 60601 Chicago 150 North Michigan Avenue 60606 Chicago C – 90 8 2 0 0 0 0 0 05/1999 1984 1,930 59,866 0 A, G, P, S, H, C 1 A 550 West Adams Street 10577 Harrison C – 96 2 1 0 0 0 1 0 11/2006 2006 2,826 45,063 33 A, G, P, S, H, C 1 A 100 Manhattanville Road 20171 Herndon C – 99 0 0 0 0 0 0 1 03/2000 1986 141,687 25,989 936 A, G, P, H, C 2 C 13241 Woodland Park Road 94104 San Francisco C – 100 0 0 0 0 0 0 0 03/2000 2000 22,568 12,254 478 A, G, P, S, H, C 2 C 225 Bush Street C – 87 10 1 0 0 0 2 0 04/2005 1922/2000 3,559 51,881 110 A, G, P, S, H, C 2 A Total properties Type of property: C = Commercial property U = Undeveloped property P = Partial ownership H = Heritable building right Project/portfolio development measures: Po = Portfolio development measure Pr = Project development measure Acquisition date Year built/renovated Features: D = District heating A = Air conditioning/ auxiliary cooling G = Goods lift Site area in m 2 Commercial Residential Number of parking spaces Features P = Passenger lift S = Sprinkler system H = Hot water (central/decentralised) C = Central heating Property quality Location category
Letting Property performance Results of expert valuation Number of tenants Average remaining lease terms in years Remaining lease terms expiring in the next 12 months in % Vacancy rate in % of estimated gross rental Market value/purchase price (at the reporting date) in EUR Total transaction costs in EUR of which fees and taxes in EUR of which other costs in EUR Total transaction costs in % of market value/purchase price Transaction costs amortised in the financial year in EUR Transaction costs still to be amortised in EUR Expected remaining amortisation period in years Debt ratio in % of market value/ purchase price Gross profit in EUR Remaining useful life in years 1 11.5 – 0.0 33,786,539 2,183,688 1,300,682 883,006 6.5 115,760 2,093,117 9.2 63.8 2,087,629 63 11 1.0 58.2 14.6 40,882,140 – – – – – – – 60.4 1,630,205 35 11 1.4 24.4 0.9 56,971,240 – – – – – – – 44.6 2,730,813 42 11 3.2 4.5 3.3 41,600,000 – – – – – – – 51.7 2,511,258 66 52 5.8 3.6 33.7 80,891,566 – – – – – – – 45.3 8,723,845 45 6 9.3 0.0 10.0 136,138,160 – – – – – – – 68.9 8,592,544 67 14 5.8 7.8 0.0 48,066,003 – – – – – – – 44.4 4,911,824 50 2 4.6 – 89.4 27,623,297 – – – – – – – 26.5 2,754,401 59 34 4.6 3.5 29.1 157,313,579 – – – – – – – 43.3 13,242,261 45 Property quality: 1 = Very high 2 = High 3 = Medium 4,425,338,081 508,006 9,274,751 Property location: A = Central business district (CBD) B = Other city centre locations C = Local office centre D = Commercial estate E = City centre (1a) F = Solo location (shopping centre) G = Established logistics location H = Other locations Footnotes see pages 58 – 59 Semi-annual Report as of 30 September 2010 | 45
Page 1 and 2: SEB ImmoInvest Semi-annual Report a
Page 3 and 4: Fund as a whole Fund assets EUR 6,3
Page 5 and 6: The SEB ImmoInvest Open-Ended Real
Page 7 and 8: Opportunities and Risks of Open-End
Page 9 and 10: Real Estate Markets - An Overview R
Page 11 and 12: Results of the Fund in Detail Struc
Page 13 and 14: Return according to the BVI method
Page 15 and 16: Overview: Returns and Valuation Ger
Page 17 and 18: together, the four largest properti
Page 19 and 20: Overview: Letting and Remaining Lea
Page 21 and 22: Changes to the Portfolio Two proper
Page 23 and 24: Outlook Following the German Cabine
Page 25 and 26: Unit Class P Unit Class I EUR EUR E
Page 27 and 28: Germany EUR Other EU countries EUR
Page 29 and 30: ecause the property/equity interest
Page 31 and 32: 65 Rue de Camille Desmoulins, Issy-
Page 33 and 34: Gothenburg Berlin Munich Tavagnacco
Page 35 and 36: Letting Property performance Result
Page 43: Letting Property performance Result
Page 61 and 62: Statement of Assets, Part II: Liqui
Page 63 and 64: Statement of Assets, Part III: Othe
Page 65 and 66: Disclosures on financial instrument
Page 67 and 68: Unit Class P Unit Class I EUR EUR E
Page 69 and 70: The equalisation paid item is the b
Page 72: 72 | SEB ImmoInvest Investment Comp

semi-annual report 30 Sep 2010 - SEB Asset Management

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