Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. — Q3 2015 Earnings Presentation
26 slides from Halk Gayrimenkul Yatirim Ortakligi As's earnings presentation, 2015
Slide 1: Halk Real Estate Investment Trust
IHALKC YO Halk Real Estate Investment Trust... Investing in the Future...
Slide 2: Hat Pat Estat Irveatmant Tat. Ieuan i the
Hat Pat Estat Irveatmant Tat. Ieuan i the
Slide 3: Investor Presentation 2015 / Q3
INVESTOR PRESENTATION 2015 / Q3
Slide 4: Hat Pat Estat Irveatmant Tat. Ieuan i the
Hat Pat Estat Irveatmant Tat. Ieuan i the
Slide 5: About Halk GYO
ABOUT HALK GYO Halk GYO, was established in 2010, invests in real estates, real estate projects, real estate based rights and capital market instruments. Halk GYO completed its IPO in February 2013 and is trading on the Borsa Istanbul (BIST) with the code “HLGYO” As of 30.09.2015; Halk GYO has
Slide 6: Real Estate Portfolio Distribution
REAL ESTATE DISTRIBUTION OF PORTFOLIO PORTFOLIO TL 1,457 Million TL 492.5 Million Last Appraisal Values (September 2015) Establishment Appraisal Values (October 2010) 2
Slide 7: Real Estate Portfolio Regional Dispersal
REAL ESTATE PORTFOLIO REGIONAL DISPERSAL Park Dedeman Sancaktepe Land (for residential project) Levent Hotel İstanbul Finance Center Project Referans Kocaeli Şekerpınar Bakırköy “Banking Base” Residential Project Project Eskişehir Panorama Plus Residential Project Buildings, Lands and Projects 3
Slide 8: Real Estate Portfolio Table
REAL ESTATE PORTFOLIO TABLE 2015 2015 *Land appraisal values September September REAL ESTATES Net Book Values Last Appraisal Values ** Project Appraisal values when REAL ESTATE PROJECTS (TL) (TL) completed LANDS ***Appraisal values of unsold İstanbul Sancaktepe Land 59,501,929 *80,000,000 independen
Slide 9: Rental Income Ratios
RENTAL INCOME RATIOS Period Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Building Rent Revenue 4,073,794 6,896,228 7,000,728 6,958,874 7,053,976 7,057,301 7,065,163 7,661,113 7,550,257 7,521,320 7,370,114 7,317,772 7,319,204
Slide 10: Completed Projects: Halkbank Finance Tower
COMPLETED PROJECTS HALKBANK FINANCE TOWER In 2012, we acquired this 23-floor Class A office tower located near the Istanbul Finance Center Project while it was under construction. The tower is leased to Halkbank for four years. Real Estate Information City : İstanbul District : Ataşehir : Gross Area
Slide 11: Completed Projects: Referans Bakırköy
COMPLETED PROJECTS REFERANS BAKIRKÖY Referans Bakırköy Project is HalkGYO’s first residential project. The project is developed based on revenue sharing model with our Company’s 50.5 percent share from total sales revenue. The project which carried out together with Biskon Yapı A.Ş., an association
Slide 12: Completed Projects: Park Dedeman Levent Hotel
COMPLETED PROJECTS PARK DEDEMAN LEVENT HOTEL Park Dedeman Levent Hotel is the first hospitality project on Halk GYO’s portfolio. It will meet the much felt need for business hotels on Mecidiyeköy-Maslak line, Istanbul. The occupancy permit for “Park Dedeman Levent” hotel project has been granted and
Slide 13: Ongoing Projects: Istanbul Finance Center
ONGOING PROJECTS İSTANBUL FINANCE CENTER As Halk GYO, we are one of the major stakeholders of the Istanbul International Finance Center Project where we will build two office towers, one with 46 floors and the other with 34 floors. The project also comprises 3 buildings each with 8 floors. Upon comp
Slide 14: Ongoing Projects: Eskişehir Panorama Plus Residential Project
ONGOING PROJECTS ESKİŞEHİR PANORAMA PLUS RESIDENTIAL PROJECT The project is currently underway in the Odunpazarı District of City of Eşkisehir, one of the fastest growing cities of Turkey. The project Panorama Plus will be a unique component in the cityscape of Eskisehir with its 19-floor high rise
Slide 15: Ongoing Projects: Şekerpınar Banking Base Project
ONGOING PROJECTS ŞEKERPINAR BANKING BASE PROJECT The land purchased in 2012 in the district of Kocaeli – Şekerpınar, the area in which data centers of banks placed. An agreement with an architectural company has been signed for construction works of the complex which consists of a operation center,
Slide 16: Planned Projects: Sancaktepe Residential Project
PLANNED PROJECTS SANCAKTEPE RESIDENTIAL PROJECT In 2014, 98k sqm land plot in Sancaktepe, mostly improved and mentioned district of Istanbul, bought for TL 110 million through the joint venture (50% Halk REIT / 50% Vakıf REIT) to build a residential project. The land is close to transportation netwo
Slide 17: Planned Projects: Salıpazarı Hotel Project
PLANNED PROJECTS SALIPAZARI HOTEL PROJECT Aiming to utilize our portfolio in the most efficient way, the best use and feasibility studies have been done for our Salıpazarı Building, which is registered in Beyoğlu District, İstanbul. After the best use studies, it was decided to renovate the Building
Slide 18: Financial Data
FINANCIAL DATA BALANCE SHEET 31.12.2014 30.09.2015 (TL) “Net Profit” Current Assets 183,420,241 144,508,992 increased Liquid Assets 46,587,030 3,436,620 13% Inventories 103,090,737 111,836,392 Non-Current Assets 744,986,425 792,217,121 Investment Properties 713,531,361 777,509,207 INCOME TABLE 01.01
Slide 19: Distribution of Assets and Liabilities
DISTRIBUTION OF ASSETS AND LIABILITIES DISTRIBUTION OF ASSETS TL DISTRIBUTION OF LIABILITIES TL Buildings Lands&Projects Cash and Cash Equivalents Others Equities Deferred Income Financial Debts Others 936,726,113 928,406,666 936,726,113 928,406,666 1% 1% 7% 4% 2% 2% 8% 5% 1% 5% 53% 51% 92% 89% 44%
Slide 20: Balance Sheet Items
BALANCE SHEET ITEMS Y-o-Y TL Thousand Assets -1.5% Shareholder’s Equity 7.4% Lands and Projects 4% Buildings 26% Financial Liabilities -11,6% Net Income -4.4% 16
Slide 21: Income Statement Items
INCOME STATEMENT ITEMS TL Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Total Revenues 8,532,067 10,052,700 11,473,735 28,455,348 13,518,983 16,366,608 18,566,116 38,159,410 16,026,056 19,180,338 18,375,668 Rent Income 7,053,976 7,057,301 7,065,163 7,661,113
Slide 22: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS TL 42,541,150 22,513,338 19,275,106 18,879,774 17,126,024 16,350,165 13,795,605 18
Slide 23: Distribution of Expense Items
DISTRIBUTION OF EXPENSE ITEMS Personal TL Finance Amortization Property Tax Cost Sales Others 19
Slide 24: Targets
TARGETS Main Targets 2015 Targets To be one of the leaders of To start getting rental income from Turkish REIT Sector “Park Dedeman Levent Hotel” project (realized) To use our capital in the To complete the construction the 2st part most effective way (Block B) and to lease 1st part Block A of the “
Slide 25: For further information please contact
For further information please contact; Group Presidency of Investor Relations & Strategic Planning & Advertising PR Investor Relations Address: Şerifali Çiftliği Tatlısu Mahallesi Ertuğrulgazi Sokak No:1 34774 Yukarı Dudullu - Ümraniye / İSTANBUL E-mail: ir@halkgyo.com.tr Phone: +90 216 600 10 25 D
Slide 26: Hat Pat Estat Irveatmant Tat. Ieuan i the
Hat Pat Estat Irveatmant Tat. Ieuan i the
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