Property Investment Process

A step-by-step outline of investment procedures

Property Investment Process
Riverside CAPITAL

Every investment requires high-level strategic asset management from beginning to

end. At Riverside Capital, we employ a comprehensive, tried and tested investment
process and have a proven track record in delivering attractive returns over the short,
medium and long term.

Combining global perspectives with on-the-ground property expertise, our disciplined

investment process is based upon quality, in-depth research. Detailed assessment of
both external factors and internal processes means our experienced team is well-
informed to actively manage risk and take advantage of opportunities to consistently
drive the performance of assets and enhance returns.

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Property Investment Process
Riverside CAPITAL

1 Investor Requirement
At Riverside Capital, we strive to identify our investors exact requirements from
their property investments and then meet them. We carefully determine investor
wants and needs in line with the following criteria;

Deal size
Capital/income preference
Investment type
Sector
Investment horizon
Target return
Debt requirement
Tax advice and proposed structure

2 Investment Strategy
Once investor requirements have been established, our knowledgeable team
advises as to exactly which types of property investments will suit, and devises an
investment strategy to enable the investor to achieve their goals.

Sector allocation
Geographical application
Determine risk and return objectives

3 Due Diligence
With the strategy set, we identify specific investments to meet investor goals, and
begin an initial due diligence process on each target asset to ensure that the
investment is 100% suitable. Opportunities are sourced via our extensive network
of market contacts, and due diligence performed by our in house team.

Portfolio assessment and modelling

Deal source via professional network
Asset appraisal (financials, cash flow, tenant covenant)
Valuation
Bank debt, cost, terms
Business plan and financing strategy

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Property Investment Process
Riverside CAPITAL

4 Deal Execution
At this stage we physically assemble the portfolio by transacting on the assets that
have stood up to our rigorous investment criteria.

Engage solicitors
Engage professional teams for surveys and valuation
Assemble structure
Secure credit approval for debt
Investor marketing and equity raise
Exchange and completion

5 Proactive Asset Management

Subsequent to purchase, we drive performance of the asset via the
implementation of the pre agreed business plan. Depending upon the strategy and
objectives, this can be over the short, medium, or long term. This is determined by
investor preference to either hold long term, or sell on completion of the business
plan.

Execute asset business plans

Meet existing tenants
Refurbishment
Re-structuring and financing
Monitor tenants
Manage project teams
Letting
Lease re-structuring

6 Strategic Exit
We recognise the various needs and requirements of investors, and our
positioning within the market place enables us to provide consistent advice as to
optimum timing for exit, and the likely values that can be achieved. When the time
is right, we will oversee the disposal process.

Prepare asset for disposal

Manage disposal process

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Property Investment Process
Riverside CAPITAL

On-going Processes

Research

Research is the principal tool in our investment decision-making process. We

combine macro-economic perspectives with in-house investment research and on-
the-ground property market intelligence to formulate clear strategies.

Global/macro analysis (economic/political)

Capital inflows
National and local property market analyses
Deal sourcing network

Risk Management

At Riverside Capital, the interests of our investors are retained throughout the
entire life of the investment vehicle or mandate. To ensure maximum security of
their investments, risk is assessed on several levels.

Portfolio analysis by sector, region and income

Maximum lot size for single asset as percentage of portfolio
Tenant covenants and concentration exposure
Limits on borrowing powers
Planning position
Individual sector against benchmark

Monitoring

Integrity of investments is important to us. We regularly report on the status of

each venture to allow for full transparency of our investment processes at all
times. Constant monitoring also facilitates internal assessment of investment
strategies and progress.

Regular reporting and performance updates

Half-yearly or quarterly NAV
Valuations