In 2008, Kristensen Properties was appointed Fund & Asset Manager for an international bank-owned company which owns 2,000 residential units and 150 commercial leases in Berlin. The book value of the portfolio is approximately EUR 126m. Kristensen Properties has drawn up detailed business plans for the portfolio. Kristensen Properties' task is to optimise the operation of the properties prior to a sale.

In 2008, Kristensen Properties was appointed Asset Manager for a primarily Danish-owned company with a property portfolio consisting of 2,250 apartments and 268 commercial tenancies - mainly in Berlin. The book value of the portfolio is approximately EUR 175m. Kristensen Pro-perties has drawn up business plans for the entire portfolio. Kristensen Properties' task is to optimise the operation of the properties prior to a sale.

In 2009, Kristensen Properties was appointed Asset Manager for a real estate portfolio - mainly consisting of residential units in Berlin - belonging to a group of private investors. The portfolio is worth EUR 20m. Kristensen Properties has drawn up individual business plans for each property - the aim is to optimise the portfolio prior to a sale.

In 2009, Kristensen Properties was - at the initiative of a number of Danish banks - appointed Fund & Asset Manager of a Danish-owned residential portfolio in Berlin, Leipzig and Dresden - with a total value of EUR 54m. In addition, properties in Copenhagen are included in the portfolio.

At the initiative of an international bank, Kristensen Properties was in 2009 appointed Asset Manager of a portfolio of German residential units and commercial properties previously belonging to a UK-based investor. The portfolio consists of residential units in Magdeburg, Berlin, Halle and Erfurt. The portfolio represents a value of EUR 64m.