Develia S.a. · GPW:DVL
Develia — Investor Presentation (2021)
21 slides from Develia's investor presentation, 2021
Slide 1: Develia's Strategy for 2021-2025
Develia’s Strategy for 2021-2025 Z widokiem With a view na przyszłość… of the future…
Slide 2: Agenda
Agenda ▪ Strategy Components and Objectives ▪ Develia in Market Context ▪ Strategy 2 Develia’s Strategy for years 2021-2025
Slide 3: Strategy Components and Objectives
Strategy Components and Objectives Key Strategic Components Include: Objectives include: This document aims to ▪ The concentration of most of the company’s resources on ▪ Increasing the housing market share to 5% – dynamic growth of the housing market (strengthening the refers to the markets in whic
Slide 4: Management Board
Management Board Andrzej Oślizło, President Mariusz Poławski, Vice President Andrzej Oślizło graduated from the Academy of Economics in Mariusz Poławski graduated from the University of Warsaw (the Katowice (where he studied Economics) and the Silesian Faculty of Management). He also completed cours
Slide 5: Develia in Market Context
44 DEVELIA 1. Develia in Market Context
Slide 6: Current Situation and Finances
Current Situation ▪ Develia is one of the top ten developers operating in the housing segment (6 cities, including Warsaw, in 2020 the company built approx. 1,400 flats per year) and in the commercial segment (1-2 projects per year), employing 150 staff, with no general contractor within the Group.
Slide 7: Context
Context Market situation COVID Develia Sale in 2020 of approx. 1,400 flats per year, Continuing growth land bank for approx. 7,200 premises. The share in the development Mortgage loan market has of Poland’s GDP, market has declined over the past 3 years. further prospects for growth faster than the
Slide 8: Growth rate and attractiveness of segments
Growth rate and attractiveness of segments ◼ Housing segment – demand exceeds supply (a housing gap of approx. 2.4m flats), good prospects for growth until 2028, low interest rate policy has a Segment positive impact on flat prices and attractiveness creditworthiness, transfer of capital from PRS te
Slide 9: Strategy
44 DEVELIA 2. Strategy
Slide 10: Strategy – idea
Strategy – idea We are interested in satisfying demand on the housing market for individual customers who buy real property for their own use and individual customers who make a purchase for Develia plans to focus on the housing investment purposes. We intend to strengthen our position on current lo
Slide 11: Strategy – long-term objectives
Strategy – long-term objectives Substantial expansion of the scale of operations in the The company plans to actively create and participate in housing segment to the sales level of 3,100 flats in 2025 significant, new trends through entering into partnerships, (CAGR 18%). alliances and M&A. 1 4 The
Slide 12: 2021 Targets
2021 Targets The sale under development and Sale of the building (2021/2022): preliminary sales agreements of 1,750 – 1,850 Wola Retro 1 4 premises i.e. approx. 30% growth compared to 2020. The delivery Preparing 3 for the sale of the building: 1,800 – 1,900 Sky Tower 2 premises 5 i.e. approx. 55 %
Slide 13: Key Strategic Components
Key Strategic Components Organic growth Additional opportunities based on the current model for development and growth ▪ Increasing land bank ▪ A new line based on land bank and new Strengthening ▪ JV projects with land owners PRS (optionality a acquisitions position on current ▪ Launching new proje
Slide 14: Principal areas of operation
Principal areas of operation Process design, Effectiveness of sales & Purchase of new land implementation Seeking partnerships marketing/PR and automation Introducing a product standards manual Enhancing the quality of Standardisation, new quality, customer service application of state-of-the-art Of
Slide 15: Assets – specification
Assets – specification In terms of standard, the vast majority of housing projects carried out by Develia falls within the popular segment. Taking into account plots of land owned by the company, its projects include also the lower-middle developments segment. Key advantages include: ▪ Good quality,
Slide 16: Assets – product expansion
Assets – product expansion Adapting the residential real property portfolio to customers’ current expectations, Develia also develops new products by introducing additional elements to selected projects: ▪ State-of-the-art green solutions (e.g. photovoltaic panels, smog- eating pavements, solar lamp
Slide 17: Assets – housing estates
The current land bank gives the company a basis for achieving a sale Assets – housing estates volume of 1,700-1,800 premises, while based on the development plan it devised, a rise in sales to 3,100 premises has been envisaged. Therefore the land bank expansion is necessary (min. 10,000 premises in
Slide 18: Assets – commercial facilities
Assets – commercial facilities Wola Retro ▪ Warsaw, Wola, ul. Skierniewicka ▪ Delivery date: 2019 ▪ Leasable area: 25,628 sq. m ▪ Occupancy rate: 74% ▪ Vacant space: 6,776 sq. m ▪ Asset falling within a top investment category ▪ Sale in 2021/2022 Sky Tower ▪ Wrocław, Krzyki, ul. Powstańców Śląskich
Slide 19: Assets – land bank
Assets – land bank Malin Land for new project developments ▪ Area of 169 ha ▪ Real property is awaiting amendments to land use and land development plans – completion scheduled for 2022. ▪ Seeking a JV partner to construct warehouse areas or disinvestment ▪ A very interesting project for partial dis
Slide 20: Key KPIs – summary
Key KPIs – summary The strategy put forward assumes maximising the company’s value and at the same time providing Increasing the scale of operations from Relocating capitals from commercial foundations for DEVELIA’s nearly 1,400 to 3,100 (in 2025) in the activities to housing business – the share fu
Slide 21: Legal notice (disclaimer)
Develia S.A. ul. Powstańców Śląskich 2-4 53-333 Wrocław Legal notice (disclaimer) This presentation has been made solely for information purposes, it only contains summary data and is not exhaustive. Further, it must not be construed as the one and only basis for any analysis or assessment of Develi