Akis Gayrimenkul Yatirim Ortakligi A.s. · BIST:AKSGY
Akis Gayrimenkul Yatirim Ortakligi A.s — Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2022 Earnings Presentation
11 slides from Akis Gayrimenkul Yatirim Ortakligi A.s's earnings presentation, May 2022
Slide 1: Akiş REIT 1Q22 Performance Presentation – May 2022
Akiş REIT 1Q22 Performance Presentation – May 2022 Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 1
Slide 2: Portfolio Performance; Financials' Overview
Akiş REIT 1Q22 Performance Presentation – May 2022 1 Portfolio Performance 2 Financials’ Overview Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 2
Slide 3: Portfolio Performance (Akasya Shopping Mall)
Akiş REIT 1Q22 Performance Presentation – May 2022 1 Portfolio Performance (Akasya Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 3
Slide 4: Akasya General Overview
Akiş REIT 1Q22 Performance Presentation – May 2022 Akasya Shopping Mall – General Overview** High inflation leads store turnovers and Akasya Shopping Mall Turnover per sqm* (YoY) Akasya Shopping Mall Revenue Breakdown makes revenue on turnover and top-up revenues to hover above historical averages.
Slide 5: Akasya Financials
Akiş REIT 1Q22 Performance Presentation – May 2022 Akasya Shopping Mall – Financials Income yield Akasya Shopping Mall (TLmn) 2018 2019 2020 2021 1Q21 1Q22 YoY Revenue 249,6 270,6 169,2 248,0 39.3 95.3 143% EBITDA 201,9 218,2 122,0 196,7 29.2 76.8 163% Latest Appraisal Value 3.331 3.650 3.505 4.435
Slide 6: Portfolio Performance (Akbatı Shopping Mall)
Akiş REIT 1Q22 Performance Presentation – May 2022 1 Portfolio Performance (Akbatı Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 6
Slide 7: Akbatı General Overview
Akiş REIT 1Q22 Performance Presentation – May 2022 Akbatı Shopping Mall – General Overview** Given the share of rental revenues are Akbatı Shopping Mall Turnover per sqm* (YoY) Akbatı Shopping Mall Revenue Breakdown already higher in Akbatı, there has not been significant change in such metric the w
Slide 8: Akbatı Financials
Akiş REIT 1Q22 Performance Presentation – May 2022 Akbatı Shopping Mall – Financials Income yield Akbatı Shopping Mall (TLmn) 2018 2019 2020 2021 1Q21 1Q22 YoY Revenue 106,1 117,7 85,2 126,7 23.6 44.8 90% EBITDA 81,3 89,2 58,9 96,0 17.2 34.2 99% Latest Appraisal Value 1.216 1.465 1.450,7 1.666 Fol
Slide 9: Financials' Overview (TLmn)
Akiş REIT 1Q22 Performance Presentation – May 2022 2 Financials’ Overview (TLmn) With occupancy rates increasing and rising store turnovers and rent levels stemming from high inflation, revenues and EBITDA has more than doubled. Yet, due mostly to FX loss, 1Q22 has ended with a negative bottom-line.
Slide 10: Financials' Overview (TLmn)
Akiş REIT 1Q22 Performance Presentation – May 2022 2 Financials’ Overview (TLmn) Our net debt is around US$235mn. Our average debt maturity is around x2.6 years level. 2.7 2.6 1.7 1Q20 1Q21 1Q22 Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 10
Slide 11: Communication
Akiş REIT 1Q22 Performance Presentation – May 2022 Communication Ozan Hançer Director Strategic Planning, Business Development and Investor Relations E-mail: ozan@akisgyo.com Telephone: +902123930100 Sercan Uzun, CFA, CAIA Manager Investor Relations, Strategic Planning and Business Development E-mai
Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2022 Earnings Presentation on 6ix