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All about developmentTM

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Advanced Development is more than an advisory and management company. It is your trusted partner for measurable results translated into success.

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We believe that when developing a project, the most important thing is to have a clear VISION of what that project has to become. We are in the business of making the future clear by looking at the present and suggest the best solutions to our clients in order to achieve success.

Advanced Development provides business consultancy in the areas of Turnaround Management, Project Finance, Portfolio Management and Real Estate Development. Each of these pillars contains dozens of activities that are interconnected, strengthening the value of our experience in our clients’ benefit.

We invite you to browse through our services and see in depth what Advanced Development can do for you. Of course, we believe that each project is unique and this is why we like to analyze it in detail and come up with a full report that contains a diagnosis and a strategy for the best actions to take.

At Advanced Development we are team of senior specialists experienced in business consultancy and real estate development, open to share our know-how to build a better future in the region.

Our mission is to provide innovation, diversification and futuristic ideas for maximizing the clients’ development perspectives.

Who we are

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We are looking for value within every single project

we approach. Because value is what defines,

finally, our results.

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Mechanics

Turnaround Management

Turnaround Management is a change of direction in a company’s life in order to improve performances, resolve a crisis or avoid insolvency. For those who find the strength to recognize the need for change, the rewards can translate into durable success.

Define

evaluate an underperforming business to determine the cause of its problems

gather information and understand the clients’ business

make an assessment on the current estate of the business and decide if the business can be turned around in a positive way

develop potential solutions to address the problems,select and implement the appropriate strategies and course of action, adding value to the company

make corrections to the plan according to circumstances

Our analysis will help you make the right decision and set attainable goals for its execution.

A sound strategy is critical for developing and executing a successful turnaround plan.

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When it is needed

a response to a crisis

a major change in the business

lack of operating controls

insufficient demand, technology, suppliers

not understanding customers and marketplace

poor lender/sponsor relationship

ineffective management style

rethink firm’s strategy

triage activities due to to market changes

improve liquidity against profit

restructure corporate debts

stakeholder communication

evaluate and redesign the financial models in the current market

indicate the anticipated return to stakeholders

management and collection of debts

sale of non core assets including stock to generate cash

Details

Our experience spreads across the entire spectrum of organizational entities: public and private, profit and non-profit, large and small business sectors.

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Approach

our restructuring and recovery services are carried out by a dedicated team of experienced professionals dealing with solvent liquidations

our approach is strongly focused on meeting our clients’ requirements and concluding processes as quickly and as efficiently as possible

our expertise, experience and diplomacy, are all key to helping organizations negotiate sensitive and difficult situations, advising on action that will prevent further problems and will generate positive development

balancing different viewpoints

creditors (potentially new owners)

shareholders (potentially former owners)

customers (source of revenues)

employees (caught in the middle)

fresh eye, knowledge and skills with complete objectivity

non-political agenda or other obligations

Each of our consultants is a professional: we provide superior value to our clients.

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What recommends us

Turnaround Management

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Turnaround Management means finding a new balance for your company, that can lead to

incremental development.

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Area of Expertise

turnaround and interim management

business and liquidity reviews

comprehensive business plan

mediation and negotiation

stakeholder communication

business restructuring

Our goal is to help our clients achieve increasing returns and minimize the risk of investment.

Turnaround Management Page 2

Page 8 Project Finance

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Page 12 Real Estate Development

Page 11 Portfolio Management

EU funding

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project management

exit strategy

development

h&b use

structurinPPP g

refinancing

Turnaround Management Page 2

Page 8 Project Finance

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Page 12 Real Estate Development

Page 11 Portfolio Management

management and collection of debts

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Advanced Development helps clients find out what financing resources they can count on for projects in various areas of activity and also how to obtain them.

Our solutions are based upon a complex financial structure where bank debt, mezzanine financing and equity are used to finance the project, rather than the balance sheets of project sponsors.

Project Finance Define

A Key moment in the decision making is seeing the Feasability Study that consists of:

description of the project

detailed business plan portfolio analysis and market studies analysis of investment returns maximization of the economic parameters of the project

We will provide you with an info memorandum to raise the financing containing:

concise information about the project, feasibility an business plan an indicative term sheet to outline the suitable financing based on the requirements of the project

a realistic cash flow estimation including a sensitivity analysis and based on feasible assumptions

Best Debt Structure: Tenor, covenants, security, under takings, pricing – all are weighed to ensure the debt is optimized to your business needs

clear milestones/ timeframes for delivery/financing

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Expect from us

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Advanced Development negotiates agreements and implements projects between government and the private sector regarding the provision of public services or infrastructure.

Advanced Development provides advice to clients about opportunities for sourcing of EU funds for specific projects. EU funds are available both at a national level as well as at a European level.

consider all financing options: investment finance, project finance, syndicated loans, senior debt, subordinated debt

define the main terms and conditions of the financing structure

identify a group of banks/investors most suited to provide the financing

review responses and negotiate final agreements

assist through facility agreements implementation until first disbursement

EU Funds

Whether expanding manufacturing facilities, implementing new processing capabilities, or leveraging existing assets in new markets, innovative financing is often at the core of long-term projects to develop a company’s operations.

Private Public Partnership Restructuring

Approach

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Asset ManagementWe have a wide experience in this field, covering the time of investment through the reception time, including acquisition, management, leasing, operational/financial reporting, appraisals, audits, market review and asset disposition plans.

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The art and science of developing an effective functioning frame for the company’s products, taking decisions about investment mix and policy, matching investments to objectives, and balancing risk against performance.

create a product strategy

take into consideration the budget or resources available

Actions we take

Define

identify and prioritize strategic objectives

map the project portfolio structure and decision making processes

analyze, select and prioritize projects for an effective, balanced portfolio

implement a Portfolio Management System

create criteria to evaluate projects and programs

reduce redundant projects and eliminate non-viable ones

maximize the profitability or value of the portfolio

provide balance

support the strategy of the enterprise

Why go for Portfolio Management

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Portfolio Management

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Advanced Development is a company dedicated to developing the next generation of local and regional real estate projects by purchasing and developing property, but also by co-developing property with other stakeholders.

Real Estate Development Define

Expect from us

We provide tailor-made solutions for all types of real estate investments:

sale or forward sale of single assets or portfolios through an asset or share deal

sale and rent-back, sale and lease-back solutions for commercial real estate

raising equity participation from investors

placement of property development projects with final investors

project management project development architecture construction

management layout planningbuilding system engineering asset management

real estate investment analysis

residential commercial highest and best use market research

and analysis location analysis entry strategy feasibility

studies investment analysis

business planning

property evaluation

housing & office construction business parks retail outlets

shopping centers hotels logistics parks

Visit: www.advanced-development.com

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For us development is not just a step forward. It is the future. With more than 10 years experience in the real estate field, Advanced Development is focusing on both

residential and commercial development projects, not only in Romania but also

in the neighboring countries.

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All about developmentTM

Advanced Development32, Aleea Alexandru, Apartment 3, RO-014453, Bucharest, RomaniaPhone: +40-21-409.28.28Fax: +40-21-230.37.38 www.advanced-development.com