PRESS RELEASE: TIMELESS HOMES Creates Magnificent Luxury Villas with Leading Industry Experts

Timeless Homes GmbH / TIMELESS HOMES Creates Magnificent Luxury Villas with Leading Industry Experts . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Munich, Germany, April 29, 2013 - The Munich-based Company TIMELESS HOMES creates, under a new brand, spectacular, exclusive luxury homes and cooperates with leading industry experts in Design, Real Estate and Construction. TIMELESS HOMES is now creating dream homes with a unique architectural brand to meet the sophisticated requirements of a growing number of clients worldwide.

The project focuses on the timeless, elegant expressions of form. Thanks to the modular and scalable architectural concept used, the solidly constructed design-oases satisfy the individual requirements of their selected target group, offering every imaginable layout and roof variation in a wide range of sizes.

In addition to the three existing variations, further home design concepts will be developed in the years ahead.

LIMITLESS Living Space

This luxury villa is characterized by two U-shaped levels - one on top of the other - and a spacious atrium. Seamless transitions between the interior and exterior give the impression of luxurious ambiance. The large glass fronts serve to enhance the experience of limitless living space.

WEIGHTLESS Architecture

The WEIGHTLESS home has been stripped down to the bare essentials. What remains is a puristic and almost weightless architecture, comprising a rectangular body on a static central core - a "floating block" above a glass base.

FEARLESS Design

The FEARLESS home concept impresses with its bold, and unusual architecture. From the solid body of this house individual spaces were "cut out" that flexibly adapt to the surroundings and move elegantly between the levels of the building. The result is a unique concept that fits into virtually any topography.

Sales strategy focuses on two key markets

Timeless Homes GmbH is marketing these villas in two different business segments.

TIMELESS HOMES

The TIMELESS HOMES brand was established specifically for this project. Timeless Homes GmbH, together with renowned designers and partners from the real estate sector, is in charge of marketing and selling the luxury villas worldwide. Clients can act as developers and implement their own ideas for their real estate or acquire entire turnkey concepts in top international locations. The first luxury villa is to be built in the affluent Munich suburb of Gruenwald.

TIMELESS HIDEAWAYS

An equally unique and promising concept is TIMELESS HIDEAWAYS: Luxury vacation villas in the most attractive areas of Germany, Austria, Italy, France, and Spain. From 2014, these will be rented in cooperation with the German market leader TUI Ferienhaus on a weekly basis, enabling guests to have a unique and exclusive vacation experience.

Leading partners for realization and marketing activities

Timeless Homes GmbH is cooperating worldwide with selected partners for the development and marketing of these design-oases. One of Europe's leading design houses has created the entire interior and exterior architecture for the villas. The firm H-I-M Villenbau is the partner for construction activities in Southern Germany, Austria, Switzerland and Northern Italy. The globally renowned real estate consulting firm Drees & Sommer will handle international project development and management.

Engel & Völkers is handling the process of brokering suitable properties and marketing the villas, while the marketing activities for TIMELESS HIDEAWAYS will be handled in cooperation with TUI Ferienhaus.

The market for luxury real estate is booming

The market for luxury real estate in Germany is growing. According to the "Luxury Residential Real Estate in Germany" study conducted by Dahler & Company; the luxury market relates to residential properties valued at EUR 750,000 or more. In the first half of 2012, this segment saw 924 transactions, a 25% growth compared to the prior year period. The total increase in sales amounted to 32%. In Germany, Munich is number one in this premium segment and therefore the top luxury real estate location. In fact, transactions grew by 57% resulting in a 49% growth in sales revenues. Throughout Germany, the luxury segment for residential real estate valued at more than EUR 2 million is actually growing faster than the less expensive price segments, with an increase in transactions of 35% and in revenue of almost 53% (www.immobilien-newsticker.de).

Timeless Homes GmbH

Timeless Homes GmbH, based in Munich, Germany, works with selected partners from the design, real estate and tourism sectors to realize the marketing, sale, and construction of TIMELESS HOMES as well as the leasing of TIMELESS HIDEAWAYS.

Please visit www.timeless-homes.com for further information.

Media Contact Timeless Homes GmbH:

Anne Hennecke

MC Services AG

T.: 089-210228-18

E.: anne.hennecke@mc-services.eu

Press release (PDF): http://hugin.info/156692/R/1697264/559250.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Timeless Homes GmbH via Thomson Reuters ONE

HUG#1697264

--- End of Message ---

Timeless Homes GmbH

Südliche Münchner Straße 47 Grünwald Germany

(END) Dow Jones Newswires

   April 29, 2013 07:16 ET (11:16 GMT)- - 07 16 AM EDT 04-29-13