Investors PresentationFebruary 2019

BriQ Properties REIC at a glance

Key facts

•REIC Listed in Athens Stock Exchange (31/07/2017)

•Focused in GR commercial assets (office, logistics, hotel, special use)

•No. of Properties (31.12.18) : 14

•Property Valuations (31.12.18): € 40M

•Share Capital: € 27,8Μ

•Shareholders : Th. Fessas: 52,8%, E. Koutsoureli: 26,5%, Free float: 20,7%

Key tenants ( >5% of total rent *)

29,8%

24,6%

10,6%

6,0%

5,8%

* annualized rent as of 01.01.2019

Offices: 6Logistics: 4Retail: 1Mixed use: 1Special use: 2Total number of properties: 14

North Suburbs Number of properties: 3

5

3

Athens CenterNumber of properties: 1

Paros IslandNumber of properties: 1

OFFICE61,7%

LOGISTICS23,9%

RETAIL2,2%

SPECIAL USE 3,1%

HOTEL9,2%

Valuation Breakdown by Sector

South Attica49,6%

North Attica9,6%

West Attica5,8%

Piraeus24,3%

South Aegean10,6%

Geographical Revenue Breakdown

Portfolio Evolution

24.306 26.346 26.693

39.812

30.06.17 31.12.17 30.06.18 31.12.18

Pro

per

ties

(€

00

0’s

)

"Old Portfolio" New Investments Revaluations

(amounts in € 000's)30.06.17 31.12.17 30.06.18 31.12.18

Initial Portfolio (at 30.06.2017) 24.252 24.252 24.252 24.252

New Investments (cumulative) - 1.855 1.855 13.369

Revaluations (cumulative) 54 239 586 2.191

Total Properties 24.306 26.346 26.693 39.812

BriQ PortfolioLogistics: € 9,5M (24%)

Hotel & Special Use : € 5M (12%) Retail: € 0,9M (2%)

125-127, Kifissou Av, Rentis 65, Loutrou Str, Acharnes119, Kifissou Av, Rentis

18, Filellinon Str, Chalandri283, Kifisias Av, Kifisia

Revenues* (annualized): € 2,5M

Gross Yield* (annualized): 7,3%

Occupancy* : 97,8%

Mr & Mrs White hotel, Paros

123, Kifissou Av, Rentis

Offices: € 24,5M (62%)

19-23, Al. Pantou Str, Kallithea 25, Al. Pantou Str, Kallithea 2A, Argyroupoleos Str, Kallithea

42, Poseidonos Av, Kallithea 1, Alamanas Str, Maroussi (Euroco)

27, Al. Pantou Str, Kallithea

4, I. Gennadiou Str., Kolonaki

* excluding 2 properties (4,Gennadiou Str, Kolonaki and

123, Kifissou Av. Rentis) which were acquired in late December 2018 as vacant

5

Financial Performance 2018

(amounts in € 000’s)FY 2018 FY 2017 FY '18 vs. FY '17

Rental Income 2.175 1.885 15,4%

Property tax (ENFIA) (166) (141) -18,0%

Other direct property relating expenses (125) (85) -46,8%

Gross Profit 1.884 1.659 13,6%

Gross Profit margin (%) 86,6% 88,0%

Employee benefit expenses (243) (211) -15,1%

Third party & other expenses (205) (428) 52,1%

EBITDA 1.437 1.020 40,8%

EBITDA margin (%) 66,0% 54,1%

Depreciation (8) (7) -18,1%

Financial gain / (loss) (41) 42 -198,4%

EBT 1.387 1.055 31,5%

EBT margin (%) 63,8% 56,0%

Taxes (242) (214) -13,0%

Net profit after tax 1.145 841 36,2%

Net profit margin (%) 52,6% 44,6%

Profit from property revaluation 1.734 99

Net profit (with property revaluation) 2.879 940

ΚΡΙs FY 2018 FY 2017 FY '18 vs. FY '17

# of properties 14 9 55,6%Value of properties 39.812 26.346 51,1%LTV 24,3% 0,0%

Net LTV 21,0% 0,0% -

NAV 30.730 28.268NAV/Share (€) 2,58 2,37

Gross Yield (Revenues / AVG Properties) 6,6% 7,5%R.O.C.(Net Profit /AVG Properties) 3,5% 3,3%

8,7%

Financial Performance Overview

(*) excluding revaluation surplus

1.8852.175

0

500

1.000

1.500

2.000

2.500

FY 2017 FY 2018

Revenues (€ 000's)

15,4%

841

1.145

0

200

400

600

800

1.000

1.200

1.400

FY 2017 FY 2018

Net Profit after tax * (€ 000’s)

36,2%

1.020

1.437

0

200

400

600

800

1.000

1.200

1.400

1.600

FY 2017 FY 2018

EBITDA * (€ 000’s)

40,8%

2,33

2,372,40

2,58

30.06.2017 31.12.2017 30.06.2018 31.12.2018

NA

V p

er S

har

e (€

/sh

are)

11% increase

Dividend €417k (€0,035 per share)

April 2018

(*) excluding revaluation surplus

7

Share & Shareholders Structure

Market Capitalization (27.02.19): € 25,75M

Number of Shares: 11.921.531

EPS (31.12.2018) : € 0,24

NAV/share (31.12.18) : € 2,58

Closing share price (27.02.19) : € 2,16

Discount to NAV : 16,3%

Dividend/share, net (2018)*: € 0,055

Closing price 27.2.19: € 2,16

Closing price 31.12.17: € 1,91

-30,00%

-20,00%

-10,00%

0,00%

10,00%

20,00%

21

/2/2

01

9

9/1

/20

19

21

/11

/20

18

9/1

0/2

01

8

27

/8/2

01

8

12

/7/2

01

8

30

/5/2

01

8

13

/4/2

01

8

22

/2/2

01

8

9/1

/20

18

21

/11

/20

17

9/1

0/2

01

7

25

/8/2

01

7

BriQ Properties General Index

* To be distributed in 2019 after the approval of the Annual General Meeting of Shareholders

Disclaimer

This document might contain estimations and forward-looking statements relating to theCompany’s future business, development and economic performance. It also includes statementsfrom sources that have not been independently verified by the Company.

Such statements may be subject to a number of risks, uncertainties and other important factors,such as but not limited to:

Competitive pressures

Legislative and regulatory developments

Global and local macroeconomic and political trends

Fluctuations in currency exchange rates and general financial market conditions

Delay or inability in obtaining approvals from authorities

Technical development

Litigation

Adverse publicity and news coverage, which would cause actual development and results todiffer materially from the statements made in this document

BriQ Properties assumes no obligation to update or alter such statements whether as a result ofnew information, future events or otherwise.

Thank You

Address: 25, Al. Pantou Str., 176 71, Kallithea, Tel: +30 211 9991627Website: www.briqproperties.gr, e-mail: info@briqproperties.gr