EFTA01744296

Sent Thursday, July 16, 2015 1:43:38 PM Subject RE : Re: From: Kensington To: "Jeffrey E." leevacatior ma om> Dear Jeffrey, I had an exchange with Mr. Kiss this morning. We will certainly not find a way to deal. It seems to be a dead end. Mr. Kiss thanks' you for your interest for his property. Regards Marc Envoye depuis mon appareil Samsung Message d'origine Dc : "jeffrey E." leevacation@gmail.com> Date : 15/07/2015 22:36 (GMT+00:00) A : Marc Leon Objet : Re: ill do better , I'll buy it for 20 , and if my kiss finds a buyer anytime in the next five years for more than 35 . he can sell it to them and ill move out. just give me my money back On Wed, Jul 15, 2015 at 6:09 PM, Marc Leon wrote: Dear Jeffrey, I am really more optimistic about the final sale price of this property. It will probably not be easy to get a bit much higher than 40. Mr. Kiss refused for several reasons better offers, but this is the past. Anyway, would you decide to offer 45 and invest 2 to upgrade it, I would be happy to market it for you with this special condition: only be paid if the resale price is over 55 ! Regards Marc LEON Managing Director EFTA_R1_00036471 EFTA01744296 KENSINGTON Finest Properties Marrakech Sarlau License partner of KENSINGTON Finest Properties International Exclusive affiliate of CHRISTIE'S International Real Estate Private Office Marrakech Avenue Yacoub El Mansour www.kensington-morocCo.COm De : jeffrey E. imailto:jeevacation@gmail.coml &wove : mercredi 15 juillet 2015 19:57 A: Marc Leon Objet : Re: i fully understand, I can always buy it from the foundation? ))::. I am aware of the cost to rebuild, similar to the chataeu i am looking at in fiance and the country home in the UK. . however those costs are as you are aware are totally irrelvant to the current market prices. . I have not reached out to Mr kiss either because i know it is emotional.and i am sympathetic to his views. I would send you a contract at 20 million but i do not want to upset him, I dont think it will sell for more than that. ever. On Wed, Jul 15, 2015 at 3:35 PM, Marc Leon wrote: Dear Jeffrey, EFTA_R1_00038472 EFTA01744297 I would agree with the Knight Frank's estimation of value if it is just for the garden! There are 1900 Dactilifera palm trees, 300 Washingtonian palm trees and 320 three hundred year old olive trees which would cost around 15 million euros alone along with the garden design. If Knight Frank would like to give their real opinion of value for the construction and quality of this masterpiece, we can organize a visit. I would hope this multinational company would never make a formal valuation without viewing first.... Knight Frank has no representative here and are unlikely to have any idea of the real value of high end properties in Marrakech. I haven't told Mr Kiss about any your comments but I know him very well and I know he would rather give his palace to a foundation than sell it for a too low price. Yours faithfully Marc LEON Managing Director KENSINGTON Finest Properties Marrakech Sarlau License partner of KENSINGTON Finest Properties International Exclusive affiliate of CHRISTIE'S International Real Estate Private Office Marrakech Avenue Yacoub El Mansour www.kensington-morocco.com EFTA_R1_00036473 EFTA01744298 De : jeffrey E. imailto:jeevacation@gmail.comi Envoye : mercredi 15 juillet 2015 11:21 A: Kensington Objet : knight frank just came back with a 15 m price. . with a guesstimate of 1.5 -2 to bring up to today including finishing guest house. . wiring to enable high speed. wifi reception etc. can you send me details on italian embassy in tangier? . please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to ice% acation@gmail com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, EFTA_R1_00038474 EFTA01744299 including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jecvacation@gmail com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA R1_00038475 EFTA01744300