Shmuel Mayo

Shmuel Mayo was born in Israel and he is a certified public accountant (CPA). He received a BA in Economics and Accountancy in 1986 and a BA in law in 1992, both from Bar Ilan University.

Since 2006 Mr. Mayo has occupied various management positions in the Company. In November 2014 Mr. Mayo was appointed as Chief Executive Officer of Aroundtown SA.

Mr. Shmuel Mayo is also the Head of the CR Steering Committee.

Mr. Shmuel Mayo worked as accountant manager for KPMG from 1984 to 1987. From 1987 to 1991 he was the controller of Electra Group, a large industrial group. From 1991 to 1995 Mr. Mayo became the CFO of Ford Israel. From 1995 to 1998 he was the CEO of Yazil Financing, a subsidiary of Poalim Investment Group, operating in the credit cards business. From 1998 to 2001 Mr. Mayo was the business development manager and then the CEO of the Dankner Group, which under his management was then a leading investment conglomerate. From 2002 to 2004 he was the CFO and Business Development Manager at Galor System & Software Development ltd.

Aroundtown SA is a real estate company with a focus on income generating quality properties with value-add potential in central locations in top tier cities primarily in Germany and the Netherlands. Aroundtown invests in commercial and residential real estate which benefits from strong fundamentals and growth prospects. The commercial properties are held by Aroundtown and the residential investment is held through a holding in Grand City Properties, which focuses on German residential real estate. With a commercial real estate portfolio worth more than 13 billion euros, Aroundtown SA is the largest and highest rated (BBB+ by S&P) commercial real estate company in Germany and the 4th largest in Europe (based on market cap).

Aroundtown was founded in 2004 by Yakir Gabay and is headquartered in Berlin.

"We are proud of our strong position and positive developments in our business activity which is reflected successfully in the capital markets. Aroundtown has become the market leader in German commercial real estate, in the quality of our assets, the strong locations in top-tier cities, the accretive growth of our financial results, as well as the very strong global credit rating of BBB+.

We look forward in continuing to grow shareholder value through accretive organic and external growth, and strong operational improvements, whilst maintaining our stable and conservative financial profile."