Zambal Spain Socimi Sa · BME:YZBL
Zambal Spain Socimi Sa — Shareholder Meeting (June 2018)
19 slides from Zambal Spain Socimi Sa's shareholder meeting presentation, Jun 28, 2018
Slide 1: Hecho Relevante - Zambal Spain Socimi
HECHO RELEVANTE ZAMBAL SPAIN SOCIMI, S.A. 28 de junio 2018 En virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso de mercado y en el artículo 228 del texto refundido de la Ley del Mercado de Valores, aprobado por el Real Decreto Legislativo 4/2015, de 23 de octubre, y
Slide 2: General Shareholders Meeting 28th June 2018
General Shareholders Meeting 28th June 2018 1
Slide 3: 1. Business Highlights
1. Business Highlights More than €870m invested since 2013 in Spain Currently 12 Real Estate assets owned with an acquisition value of €763m 215,189 sq m of GLA Owned ~100% Portfolio Occupancy No recourse to bank financing across the entire portfolio Current External RICs Valuation of Portfolio (31/
Slide 4: 1. Business Highlights
1. Business Highlights ~91% of the portfolio’s GLA consists of office buildings Long and medium-term leases Multidisciplinary management team with a wide experience in the sector At least 80% profit-sharing as dividends as per SOCIMIs Legislation Net Annual Rental Income in 2017: €41.4 m * * Net Ren
Slide 5: 1. Who are we?
1. Who are we? • Zambal Spain Socimi S.A. (hereinafter Zambal), is an investment vehicle created in 2013. Zambal’s purpose is to invest and subsequently manage prime real estate assets in well-consolidated markets. • Zambal is focused on a long-term investment policy, principally based on assets tha
Slide 6: 2. 2017 Summary
2. 2017 Summary 1) Zambal is oriented towards the market segment of productive recurring rents-generating assets, preferably tertiary and located in Madrid and Barcelona: I. The latest transactions Zambal undertook have been the acquisition of three office buildings in the last quarter of 2017 lease
Slide 7: 3.1. Like for Like Portfolio Evolution
3.1. Like for Like Portfolio Evolution € € € RICS valuations by an external expert.
Slide 8: 3.1. Like for Like Portfolio Evolution
3.1. Like for Like Portfolio Evolution € € RICS valuations by an external expert.
Slide 9: 3.2. Portfolio Evolution
3.2. Portfolio Evolution € RICS valuations by an external expert. 8
Slide 10: 4. Assets Acquired in 2013
4. Assets Acquired in 2013 PLAZA DE CATALUÑA 23 (Barcelona) DEPARTMENT STORE ▪ Acquisition Date: June 2013 ▪ GLA: 7,393 sq m ▪ Tenant: El Corte Inglés The property is located on the corner of Plaza de Cataluña and Las Ramblas, one of the most prestigious retail locations in Barcelona. It is one of t
Slide 11: 4. Assets Acquired in 2014
4. Assets Acquired in 2014 PRINK BUILDING (Madrid) OFFICE BUILDING ▪ Acquisition Date: June 2014 ▪ GLA: 9,798 sq m + 187 parking units ▪ Tenant: ENAGAS Prink Building is strategically located in Embajadores neighborhood, an area enjoying a steady growth due to Madrid Río scheme delivered in 2012 and
Slide 12: 4. Assets Acquired in 2015
4. Assets Acquired in 2015 AVDA. DE BURGOS 118 (Madrid) OFFICE BUILDING ▪ Acquisition Date: January 2015 ▪ GLA: 11,237 sq m + 448 parking units ▪ Tenant: BMW An emblematic modern business complex overlooking the A-1 motorway with a premier building specification. The building is facing to Castellana
Slide 13: 4. Assets Acquired in 2016
4. Assets Acquired in 2016 AVDA. DE MANOTERAS 40 (Madrid) LEISURE CENTRE ▪ Acquisition Date: May 2016 ▪ GLA: 12,923 sq m + 980 parking units ▪ Tenant: Multi Tenant (Main tenant CINESA-AMC) The retail building has a gross lettable area of 12,923.55 sqm and 980 parking spaces at basement level. It is
Slide 14: 4. Assets Acquired in 2017
4. Assets Acquired in 2017 SANTIAGO DE COMPOSTELA 96 (Madrid) OFFICE BUILDING ▪ Acquisition Date: November 2017 ▪ GLA: 14,731 sq m + 182 parking units ▪ Tenant: Audiencia Provincial de Madrid Office building located on the M-30, in the northwest area of Madrid. The property consists of 14 floors abo
Slide 15: 5. Financial Information
5. Financial Information (€'000) Balance sheet 31/12/2017 31/12/2016 Variance % Variance Non-current assets 736,631 632,898 103,733 16.39% Investment properties 724,938 623,122 101,816 16.34% Long-term investments 11,693 9,776 1,917 19.61% Current assets 8,651 28,476 (19,825) (69.62%) Trade and othe
Slide 16: 5. Financial Information
5. Financial Information (€'000) Balance Sheet 31/12/2017 31/12/2016 Variance % Variance Equity 639,408 529,099 36,907 6.98% Share capital 566,006 474,806 91,2 19.21% Share Premium 46,522 23,722 22,8 96.11% Reserves 7,418 5,284 2,134 40.39% Treasury shares (581) (1,574) 993 (63.09%) Profit/(loss) fo
Slide 17: 5. Financial Information
5. Financial Information (€'000) Income Statement 31/12/2017 31/12/2016 Variance % Variance Incomes 41,417 35,425 5,992 16.91% Total Revenue 41,417 35,425 5,992 16.91% Staff Costs (137) (136) (1) (0.74%) Other Operating Expenses (8,515) (6,711) -1,804 26.88% Fixed Asset Depreciation (11,508) (9,212)
Slide 18: 5. Financial Information
5. Financial Information €'000 31/12/2017 31/12/2016 31/12/2015(*) Income 41,417 35,425 18,732 EBITDA** 32,765 28,578 15,235 Investment Properties (IP) 724,938 623,122 478,967 % EBITDA / IP 4.52% 4.58% 3.18% * 9 months exercise (1/4/15 to 31/12/15). ** EBITDA is calculated as Operating Result - Fixe
Slide 19: 7. Disclaimer
7. Disclaimer This presentation has been prepared by Zambal Spain Socimi, S. A. (the Company) for informational use only. The information contained in this presentation does not purport to be comprehensive or to contain all the information that a prospective purchaser of securities of the Company ma
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