From: jeffrey E. <jeevacation@gmail.com>
Sent: Wednesday, July 15, 2015 10:36 PM
To: Marc Leon
Subject: Re:

ill do better, I 'II buy it for 20 , and if my =iss finds a buyer anytime in the next five years for more than 35 . =e 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,</>=>

=u>

I am=really more optimistic about the final sale price of this property. It wil= probably not be easy to get a bit much higher than 40. Mr. Kiss refused f=r 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 .4 for you with this special condition: only be paid if the resale price is=over 55 !

Regards

KENSINGTON
Finest Properties Marrakech Sarlau</=pan>

License partn=r of KENSINGTON

Finest Properties International

=p class="MsoNormal">Exclusive affiliate of=/span>
CHRISTIE'S International Real Estate

Private Office Marrakech</=pan>

Avenue Yacoub El Mansour=u>

=rset Bata 3, App. 13, 59 et.

De : jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevac=tion@gmail.com>]
Envoy=C3=A7 : mercredi 15 juillet 2015 19:57
À : Ma=c Leon
Objet : Re:

i fully understand, I can always buy it from the =oundation? ))::.

I am =ware of the cost to rebuild, similar to the chataeu i am looking at =n France and the country home in the UK. . however those=costs are as you are aware are totally irrelvant to the current market pri=es. . I have not reached out to Mr kiss either because = know it is emotional.and i am sympathetic to his views. I would se=d you a contract at 20 million but i do not want to upset him, 40=A0 I dont think it will sell for more than that. ever. =

## <u>On Wed.</u> Jul 15 201= at 3:35 PM. <u>Marc Leon</u>

>=wrote:

Dear Jeffrey,

=AO

I would agree with the Knight Frank's estimation of value if it i= just for the garden!

There are 1900 Da=tilifera palm trees, 300 Washingtonian palm trees and 320 three hundr=d year old olive trees which would cost around 15 million euros alone alon= with the garden design.

If Knight Frank=would like to give their real opinion of value for the construction and qu=lity of this masterpiece, we can organize a visit. I would hope this multi=ational company would never make a formal valuation without viewing first.=..

Knight Frank has no representative he=e and are unlikely to have any idea of the real value of high end properti=s in Marrakech.

I haven't told Mr Kiss about any your comments but = know him very well and I know he would rather give his palace to a founda=ion than sell it for a too low price.

Yours faithfully

=/span>Marc LEON
Managing Director</=pan>

## KENSINGTON

Finest Properties Marrakech Sarlau

license partner o= KENSINGTON

## KENSINGTON (cont.)

Finest Properties International

Exclusive affiliate of
C=RISTIE'S International Real Estate

Christie's International Real Estate affiliate logo is present. It is mostly black.

www.kensington-morocco.com <http://www.kensington-marrakech.com/> =u>

De : Jeffrey E. Imailto:jeevacation@gmail.=om <mailto:jeevacation@gmail.com>
Envoye : mercredi 15 juillet 2015 11:21
Kensington
Objet : <=p>

knight frank just came back with a 15 m price. . =with a guesstimate of 1.5 -2 to bring up to today including finishing gues= house. . wiring to enable high speed. wifi reception etc. 4P=A0 can you send me details on italian embassy in tangier? . 4>=A0

--=u>



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## KENSINGTON (cont.)

--></=>

=C2 please note

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Unauthori=ed use, disclosure or copying of this communication or any part thereof=is strictly prohibited and may be unlawful. If you have received thiscommunication in error, please notify us immediately by return e-mail =r by e-mail to =eevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies=thereof, including all attachments. copyright -all rights reserved</=>

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please note

The informat=on contained in this communication is confidential, may be attorney-cli=nt privileged, may constitute inside information, and is intended only =or the use of the addressee. It is the property of JEE

Unauthoriz=d use, disclosure or copying of this communication or any part thereof =s strictly prohibited and may be unlawful. If you have received this

return e-mail o= by e-mail to j=evacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved </=iv>

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