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Slide 2: Speakers
SPEAKERS Sylvain Vieujot Abdul wahab Al-Halabi CEO CFO Managed by Equitativa !2
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS Rental Income stands at USD 61.3 million, a 13.6% increase from 2017 Total Property Income stands at USD 69.9 million, a 15.3% increase from 2017 Valuation Gains dropped by 71% compared to 2017 Significant one off provision accounting for the default of a school operator Total a
Slide 4: Operational Highlights
OPERATIONAL HIGHLIGHTS
Slide 5: Portfolio Highlights
PORTFOLIO HIGHLIGHTS Acquisition of Lycée Français Jean Mermoz in Q2 Acquisition of 3 additional fully leased floors in Index Tower in Q4 NLA increased 9.3% to 223,192 m2 (2.4 million sq.ft.) Default of School in DIP Occupancy of 75.4% (82% excl. School in DIP) Managed by Equitativa !5
Slide 6: Index Tower
INDEX TOWER Completion and delivery of fitted-out floors in Index Tower in Q1 Occupancy at Index Tower increased 71% reaching an occupancy rate of 50% in offices by year-end Index Annualised rent increase of 35% reaching USD 15.3 million by year-end Index Mall fit-out completed Managed by Equitativa
Slide 7: Index Tower
INDEX TOWER ∞ +22% OCCUPANCY BY AREA OCCUPANCY BY UNIT ANNUALISED RENT As of 31 Mar 2019 As of 31 Mar 2019 As of 31 Mar 2019 Managed by Equitativa !7
Slide 8: Annualised Rent per Property
ANNUALISED RENT PER PROPERTY Managed by Equitativa !8
Slide 9: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 10: Strong Y-o-Y Income Growth
STRONG Y-O-Y INCOME GROWTH TOTAL PROPERTY INCOME (USD M) +15.3% +19.6% +22.2% +12.4% 69.9 60.6 50.7 41.5 36.9 2014 2015 2016 2017 2018 Managed by Equitativa !10
Slide 11: Y-o-Y EBITDA Growth
Y-O-Y EBITDA GROWTH EBITDA (USD M) +6.9% +47.1% +39.4% 32.6 30.5 20.7 16.3 14.8 2014 2015 2016 2017 2018 Managed by Equitativa !11
Slide 12: Balance Sheet Overview
BALANCE SHEET OVERVIEW USD 1,009.7 USD 1,009.7 31.6* 26.1*** 38.2** IN USD M 31 DEC 18 31 DEC 17 CHANGE INVESTMENT PROPERTY 939.9 859.6 +9.3% 463.6 Debt TOTAL ASSETS 1,009.7 948.7 +6.4% EQUITY 520.0 521.6 (0.3%) LIABILITIES 489.7 427.1 +14.7% 939.9 Investment ISLAMIC FINANCING 463.6 397.3 +16.7% Pro
Slide 13: Summary
SUMMARY USD 940m 223,192 m2 PORTFOLIO VALUE NET LEASABLE AREA USD 520m 75.4% NET ASSET VALUE OCCUPANCY USD 1.74 per share 7.8 years NET ASSET VALUE WAULT(1) 11 Properties 357 tenants NAV per share is calculated by the REIT administrator. Growth rates are adjusted for dividends and As of 31 Dec 2018
Slide 14: Share Price
SHARE PRICE Managed by Equitativa !14
Slide 15: Sukuk
SUKUK Managed by Equitativa !15
Slide 16: Thank You
THANK YOU