Ctp N.v. · EURONEXT:CTPNV
Ctp — Investor Day (September 2024)
66 slides from Ctp's investor day presentation, Sep 25, 2024
Slide 1: Capital Markets Day Bucharest & Belgrade
25–26 SEPTEMBER 2024 PROGRAMME Capital Markets Day Bucharest & Belgrade
Slide 2: Wheel of Growth
ABOUT CTP BUSINESS MODEL WHEEL OF GROWTH 12.4 CTP’s “Wheel of Growth” business model con- mil.sqm GLA in sists of two interconnected core business units existing parks that encompass our activities: the developer, where CTP invests in developing cost-efficient, future-proof buildings, leveraging its
Slide 3: Under Construction
ABOUT CTP UNDER CONSTRUCTION 4–5
Slide 4: Under Construction
ABOUT CTP UNDER CONSTRUCTION 6–7
Slide 5: Programme Day 1: Tours & Presentations, Bucharest
PROGRAMME DAY 1 TOURS & PRESENTATIONS T WEDNESDAY 25.09 A WEDNESDAY 25.09 A BUCH AREST M E BUCH AREST M E S F RO M TO ACTIV I T Y FRO M TO ACT I V I T Y E 8:00 8:30 Welcome coffee 12:45 13:15 GROUP 2 Lunch R 8:30 9:00 CTP Well positioned to capture strong GROUP 1 Romania, the Fastest Growing Europea
Slide 6: Programme Day 2: Tours & Presentations
PROGRAMME DAY 2 TOURS & TOURS & PRESENTATIONS PRESENTATIONS R A THUR SDAY 26.09 A THUR SDAY 26.09 A A BELGR ADE M E TIMIŞOAR A & OR ADE A M E O F RO M TO ACTIV I T Y FROM TO ACT I V I T Y E I Ş 6:30 6:45 Breakfast in hotel (not part of official program) 12:00 13:45* Flight from Belgrade to Timisoara
Slide 7: Clubhaus, DomEq & Accommodation
ABOUT CTP CLUBHAUS, DOMEQ & ACCOMMODATION 12–13
Slide 8: €1 bln gross rental income by 2027
ABOUT CTP MISSION €1 BLN GROSS RENTAL INCOME BY 2027! With our 25.5 million sqm landbank, our expert in-house teams, client relationships and strong balance sheet, we have all resources in place to generate €1 billion in gross rental income by 2027 and reach 20 million sqm of GLA before the end of t
Slide 9: CTPark Network
RĪGA S W E D E N L A T V I A ABOUT CTP PAN-EUROPEAN COPENHAGEN MALMÖ KLAIPĖDA L I T H U A N I A CTPARK NETWORK BALTIC SEA D E N M A R K KAUNAS KEY NORTH SEA VILNIUS The CTPark Network is the largest integrated system NORTH SEA GDAŃSK B A LT I C S E A of business parks in CEE. With over 12.4 million
Slide 10: CTP Speakers
REPS & GUESTS DAY 1 CTP SPEAKERS DAY 1 25.09 M A E RICHARD WILKINSON GROUP CFO REMON VOS CEO As Group CFO, Richard oversees and works constantly to expand CTP’s core business in its CEE markets. Among his Remon established CTP in 1998 to develop many achievements to date as CFO, he full-service busi
Slide 11: CTP Speakers
REPS & GUESTS DAY 1 CTP SPEAKERS PETER ČEREŠNÍK GROUP COO Peter has extensive management experience in real estate and other industries. As Group COO his responsibilities include management and oversight of CTP’s leasing and marketing activities and new development projects, the expansion of its ene
Slide 12: Guest Speakers
REPS & GUESTS DAY 1 GUEST SPEAKERS DAY 1 25.09 M A E DAY 1 25.09 M A E CIPRIAN DASCALU ROBERT MIKLO ALEXANDRU CATANA, ANDREI BICA CHIEF ECONOMIST, DIRECTOR ROMANIA, REGIONAL MANAGING DIRECTOR CFO, PROFI BANCA COMERCIALA ROMANA COLLIERS BULGARIA, MOLDOVA, ROMANIA AND UKRAINE, QUEHENBERGER Andrei Bica
Slide 13: CTP and Guest Speakers
REPS & GUESTS DAY 2 CTP SPEAKER DAY 2 26 .09 M A E DAY 2 26.09 M A E LAZA KOVACEVIC BOŠKO B. TOMAŠEVIĆ MANAGING DIRECTOR, RS MANAGING DIRECTOR SEE, CBRE Laza excels in construction, business As Managing Director of CBRE SEE. Boško has development, and property management. As an strengthened CBRE’s p
Slide 14: CTP People
REPS & GUESTS OUR PEOPLE CTP PEOPLE JAKUB KODR HEAD OF BUSINESS DEVELOPMENT, CZ Jakub has a central role in securing CTP’s number-one market position in the Czech Republic with his team of over 30 people serving more than 600 clients. He has over 10 years of industrial real estate experience, holds
Slide 15: CTPark Zabrze, PL
ABOUT CTP CMD BUCHAREST CTPARK ZABRZE, PL 28–29
Slide 16: We Are Parkmakers
ABOUT CTP WE ARE PARKMAKERS CZECH TEAM ON TOUR OF BRNO PARKS, VLNĚNA, DECEMBER 2023 30–31
Slide 17: What Sets Us Apart Drives Our Success
ABOUT CTP USPS WHAT SETS US APART DRIVES OUR SUCCESS Pan-European, vertically In-house capabilities, offering integrated full-service enhanced control, flexibility, agility operating platform and cost efficiencies with 840+ FTEs Client-focused, long-term approach CTP Parkmaking concept that combine
Slide 18: CEE: A Business-Smart Region
S W E D E N ABOUT CTP OUR MARKET KLAIPÉDA CEE: A BUSINESS-SMART REGION COPENHAGEN MALMO L I T H U A N I A CEE Countries D E N M A R K Baltic Sea KAUNAS GDAŃSK North Sea ROSTOCK HAMBURG SZCZECIN GRONINGEN BREMEN S D BERLIN N A L HANNOVER R AMSTERDAM ŁÓDŹ E POZNAŃ H UTRECHT WARSAW T P O L A N D E ROTT
Slide 19: Our Market: Labour Costs and Economic Outperformance
ABOUT CTP OUR MARKET Competitive net labour costs Manufacturing Economic outperformance Transport & Storage Net labour costs (including taxes minus subsidies), I&L, €/hr, 2022 Real GDP growth comparison, historic and outlook, CAGR % 3.5% PL 3.0% 2.5% CAGR 2008–2022 0 5 10 15 20 25 30 35 40 45 50 RO
Slide 20: Our Market: Consumption, Demand and Supply
ABOUT CTP OUR MARKET Rising domestic consumption levels Continued demand outperformance Less mature markets 0 0.5 1.0 1.5 2.0 2.5 Real expenditure per capita, cumulative growth, Occupied stock growth, index 2010=100 Stock per capita, sqm, Q4 2023 Serbia index 2010=100 Bulgaria CEE CZ/PL Romania EU-2
Slide 21: Market Fundamentals Remain Attractive with Rental Growth Accelerating
ABOUT CTP OUR MARKET MARKET FUNDAMENTALS REMAIN ATTRACTIVE WITH RENTAL GROWTH ACCELERATING Demand will fall short of supply in the near term Net absorption Rental growth will moderate but remain above inflation Vacancy remains low Net completions Continued strong rental growth Vacancy rate ‘000 sqm
Slide 22: Income-Producing Platform
ABOUT CTP INCOME–PRODUCING PLATFORM CTPARK BUCHAREST WEST, ROMANIA 42–43
Slide 23: Top 20 Parks
ABOUT CTP TOP 20 PARKS SINCE: 2015 SINCE: 2006 SINCE: 2015 SINCE: 2004 SINCE: 2006 TOP 20 PARKS THE TOP 20 PARKS REPRESENT THE RO CZ RO CZ CZ CORE OF THE CTPARK Bucharest West Bor Bucharest Brno Ostrava NETWORK. THEY ARE GLA: 859,000 sqm GLA: 641,000 sqm GLA: 572,000 sqm GLA: 540,000 sqm GLA: 390,00
Slide 24: Top 20 Parks
ABOUT CTP TOP 20 PARKS SINCE: 2020 SINCE: 2002 SINCE: 2015 SINCE: 2021 SINCE: 2024 TOP 20 PARKS THE TOP 20 PARKS REPRESENT THE CZ CZ RO SK RO CORE OF THE CTPARK Brno Líšeň Hranice Timișoara Námestovo Timișoara North NETWORK. THEY ARE GLA: 175,000 sqm GLA: 153,000 sqm GLA: 145,000 sqm GLA: 150,000 sq
Slide 25: All Shapes and Sizes to Match Any Business Need
ABOUT CTP 5 PROPERTY TYPES ALL SHAPES AND SIZES TO MATCH ANY BUSINESS NEED CTP HAS DEVELOPED FIVE BESPOKE ctBox ctFlex ctSpace ctFit ctLab BUILDING TYPES RANGING IN SIZE Designed for local companies CTFlex offers a modifiable and The CTSpace concept is Ideal for the activities of ctLab is a cost-eff
Slide 26: Development Platform
ABOUT CTP DEVELOPMENT PLATFORM CTPARK ST.PÖLTEN NORTH, AUSTRIA 50–51
Slide 27: 25-Year Track Record of Success
ABOUT CTP DEVELOPMENT PLATFORM 25-YEAR TRACK RECORD ~15% ~95% OF SUCCESS ANNUAL GROWTH IN GLA SINCE 2011 WITH STEADY OCCUPANCY ~15%~15% annual growth annual in GLA growth in since 2011 with GLA since 2011 steady ~95%~95% with steady occupancy occupancy 2011 2011 2013 2013 2014 2014 2016 2016 2018 20
Slide 28: ESG at the Core of What We Do
ABOUT CTP DEVELOPMENT PLATFORM ESG AT THE CORE OF WHAT WE DO RATINGS SUSTAINALYTICS* In May 2024, CTP received an ESG Risk Rating of 9.3 and was assessed by Morningstar Sustainalytics to be at Negligible Risk of experiencing material financial impacts from ESG factors. In no event shall these result
Slide 29: Portfolio Details
ABOUT CTP COUNTRY DETAILS Portfolio Details CTPARK TRNAVA, SLOVAKIA 56–57
Slide 30: Czech Republic
ABOUT CTP COUNTRY DETAILS CZECH REPUBLIC #1 57 Aa3 Moody Rating Dresden Wrocław Berlin GLA 4.2 mil. sqm 469 8.7 Warsaw Wrocław under land Warsaw develop. bank E442 E442 ‘000 sqm mil. sqm Ústí PL Liberec Chemntiz n.Lab Liberec PL DE 96% 34% Leipzig Teplice E55 E65 E442 E65 D8 D10 retention of portfol
Slide 31: Romania
ABOUT CTP COUNTRY DETAILS ROMANIA #1 33 Uzhorod UA Lviv Baa3 Moody Rating GLA 3.0 mil. sqm 202 3.8 E58 under land Debrecen E81 develop. bank ‘000 sqm mil. sqm Oradea HU E60 MD 96% retention 24% Cluj Târgu Mureș of portfolio GLA 135 6.0 E79 A3 E85 Kyiv WAULT € million annualised rent years R O M A N
Slide 32: Hungary
ABOUT CTP COUNTRY DETAILS HUNGARY #1 15 Baa2 Košice Prešov Moody Rating GLA 1.1 SK E71 Lviv UA Bratislava mil. sqm 181 2.9 Brno Prague under land develop. bank M30 Vienna E77 ‘000 sqm mil. sqm M3 M15 83% 8.0% E60 M3 Komárom E71 M1 AT retention of portfolio GLA Győr Debrecen Budapest E60 60 6.1 WAULT
Slide 33: Poland
ABOUT CTP COUNTRY DETAILS POLAND 11 Baltic Sea Kaliningrad Klaipéda Kaunas LT A2 Moody Rating E28 Gdańsk E28 GLA 507 ‘000 sqm 558 3.1 under land Vilnius develop. bank E77 Olsztyn Minsk ‘000 sqm mil. sqm Szczecin 100% 4.0% E75 E67 E65 Bydgoszcz retention of portfolio GLA BY 22 6.7 E261 WAULT € millio
Slide 34: Slovakia
ABOUT CTP COUNTRY DETAILS SLOVAKIA #1 12 PL A2 Moody Rating PL Ostrava Katowice Kraków GLA 881 ‘000 sqm 181 2.1 Katowice Kraków under land E371 develop. bank E75 ‘000 sqm mil. sqm CZ Žilina E77 100% 7.0% Zlín Prešov D1 E50 Poprad R1 retention of portfolio GLA E50 E371 6.3 Trenčin 51 Banská WAULT Pra
Slide 35: Serbia
ABOUT CTP COUNTRY DETAILS 7 #1 SERBIA HU Budapest Bratislava Ba2 Vienna Moody Rating Sombor GLA 500 E75 A1 ‘000 sqm Timișoara 168 2.2 HR under land develop. bank Novi Sad RO ‘000 sqm mil. sqm Zagreb 100% 4.0% E70 A3 retention of portfolio GLA Belgrade 32 10.6 Šabac WAULT € million annualised Buchare
Slide 36: Bulgaria
ABOUT CTP COUNTRY DETAILS BULGARIA 7 RO Baa1 Moody Rating RO Bucharest GLA 237 ‘000 sqm 133 0.2 Constanṭa under land Ruse develop. bank ‘000 sqm mil. sqm RS E70 Niš E83 Pleven Varna 97% retention 2.0% Belgrade A2 E70 of portfolio GLA 7.1 Budapest 13 WAULT E80 E772 € million A6 annualised rent years
Slide 37: Germany
ABOUT CTP COUNTRY DETAILS 103 GERMANY Aaa DK Baltic Sea Moody Rating E45 GLA 1.7 A7 North Sea Kiel mil. sqm Rostock A20 Lübeck 64 0.5 under land Hamburg E22 develop. bank Wihelmshaven A1 Szczecin E28 Gdańsk ‘000 sqm mil. sqm A24 Emden A7 97% 14.0% E22 E45 E26 Bremen A11 NL PL retention A31 of portfo
Slide 38: Netherlands
ABOUT CTP COUNTRY DETAILS NETHERLANDS 3 Aaa Moody Rating Groningen Bremen GLA 247 ‘000 sqm 1.6 E22 Hamburg land A7 bank mil. sqm A7 100% 2.0% A32 A37 retention of portfolio GLA 10 9.3 WAULT A6 € million Zwolle annualised rent years Amsterdam A28 Enschede H1 2024 E30 a Se A1 h rt A4 Locations with ex
Slide 39: Austria
ABOUT CTP COUNTRY DETAILS 2 AUSTRIA Aa3 Moody Rating CZ GLA 79 ‘000 sqm Brno Ostrava Prague 88 441 Prague under land Nuremberg develop. bank ‘000 sqm mil. sqm E59 A5 A7 SK 100% 1.0% E56 E55 A8 Bratislava retention of portfolio GLA Linz Vienna DE A1 E60 5 8.0 Munich Budapest WAULT E60 € million Frank
Slide 40: CTPark Tours
PROGRAMME CTPARK TOURS CTPARK TOURS CTPARK BUCHAREST WEST, ROMANIA 78–79
Slide 41: Day 1: Bucharest
CTPARK TOURS DAY 1: BUCHAREST DAY 1 BUCHAREST CTPARK BUDAPEST SZIGETSZENTMIKLÓS 80–81
Slide 42: Your Hosts and Programme: Day 1 Tours
CTPARK TOURS DAY 1: BUCHAREST YOUR HOSTS PROGRAMME A 13:15-18:00 TOUR S M E FRO M TO ACT I V I T Y 13:15 15:15 CTPARK TOURS GROUP 1 CTPark Bucharest West Client visits: LPP, Sport Vision, Profi, K&N for Pepco, Maersk for Ikea Remon Vos Jovan Radosavljevic Ionut Puiu GROUP 2 CTPark Bucharest West CEO
Slide 43: CTPark Bucharest
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST 84–85
Slide 44: CTPark Bucharest
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST ctFlex ctSpace ctFit CTPark Bucharest is situated in the western area of Bucharest, the most populated area of the city, PARKFACTS sqm ensuring swift access to densely populated urban GLA: 572,000 areas where final deliveries are made. This location red
Slide 45: CTPark Bucharest West
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST WEST 88–89
Slide 46: CTPark Bucharest West
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST WEST ctBox ctFlex ctSpace ctFit CTPark Bucharest West, the largest industrial park in Central and Eastern Europe, offers the best work PARKFACTS sqm environment among Romania’s industrial parks. GLA: 859,000 Since its establishment in 2015, it has grown
Slide 47: CTPark Bucharest Chitila
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST CHITILA 92–93
Slide 48: CTPark Bucharest Chitila
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST CHITILA ctSpace CTPark Bucharest Chitila is situated on the ring road in the north-west of Bucharest. The park is 7 km PARKFACTS sqm from the A1 motorway, 12 km from national road DN1, GLA: 67,000 16 km from Henry Coanda International Airport and approx
Slide 49: CTPark Bucharest North
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST NORTH 96–97
Slide 50: CTPark Bucharest North
CTPARK TOURS DAY 1: BUCHAREST CTPARK BUCHAREST NORTH ctFlex ctSpace ctFit CTPark Bucharest North is located in the north of Bucharest, in the Ștefănești - Afumați area, an PARKFACTS sqm established logistics hub, on Bucharest’s northern GLA: 231,000 ring road, close to the A3 motorway and the Nation
Slide 51: Day 2: Belgrade
CTPARK TOURS DAY 2: BELGRADE DAY 2 BELGRADE CTPARK PRAGUE NORTH, CZECH REPUBLIC 100–101
Slide 52: Your Hosts and Programme: Belgrade
CTPARK TOURS DAY 2: BELGRADE YOUR HOSTS PROGRAMME A TOUR: BELGR ADE M E FRO M TO ACT I V I T Y 6:30 6:45 Breakfast in hotel (not part of official programme) 6:45 7:30 Bus to Bucharest Airport 7:45 7:45* Flight from Bucharest to Belgrade Laza Kovacevic, Petar Kolognat Managing Director, Business Deve
Slide 53: CTPark Belgrade City
CTPARK TOURS DAY 2: BELGRADE CTPARK BELGRADE CITY 104–105
Slide 54: CTPark Belgrade City
CTPARK TOURS DAY 2: BELGRADE CTPARK BELGRADE CITY ctSpace CTPark Belgrade City will be the largest logistics hub in Serbia with units starting from 2,500 sqm PARKFACTS sqm with showrooms, offices, warehouses. The location GLA: 104,000 is ideal for small and medium-sized enterprises in the FMCG, phar
Slide 55: Day 2: Timișoara & Oradea
CTPARK TOURS DAY 2: TIMIȘOARA & ORADEA DAY 2 TIMIŞOARA & ORADEA CTPARK KVASINY 108–109
Slide 56: Your Hosts and Programme: Timișoara & Oradea
CTPARK TOURS DAY 2: TIMIȘOARA & ORADEA YOUR HOSTS PROGRAMME A TOUR S: TIMIŞOAR A & OR ADE A M E FRO M TO ACT I V I T Y 12:00 13:45* Flight from Belgrade to Timisoara 13:45 14:45 Tour CTPark Timișoara Ghiroda Client visit: Varroc Jovan Radosavljevic Andrei Bentea 14:45 15:30 Flight from Timisoara to
Slide 57: CTPark Timișoara
CTPARK TOURS DAY 2: TIMIȘOARA & ORADEA CTPARK TIMIȘOARA 112–113
Slide 58: CTPark Timișoara
CTPARK TOURS DAY 2: TIMIȘOARA & ORADEA CTPARK TIMIȘOARA ctFlex ctSpace ctFit ctLab CTPark Timişoara Ghiroda benefits from a perfect location for distribution, logistics and manufacturing PARKFACTS sqm at 6 km from Timişoara and at 1 km from the A1 GLA: 145,000 motorway to Arad and the Timişoara ring
Slide 59: CTPark Oradea Cargo Terminal
CTPARK TOURS DAY 2: TIMIȘOARA & ORADEA CTPARK ORADEA CARGO TERMINAL 116–117
Slide 60: CTPark Oradea Cargo Terminal
CTPARK TOURS DAY 2: TIMIȘOARA & ORADEA CTPARK ORADEA CARGO TERMINAL ctSpace CTPark Oradea Cargo Terminal is the first industrial park with an air cargo terminal in Romania. This PARKFACTS sqm unique project is located in the western part of GLA: 65,000 Romania, benefiting from direct connection with
Slide 61: ABOUT CTP CTLIFE
‘ABOUT CTP CTLIFE TT . le lee ee: Vil |e i 7 Ley \ a (e ’ 5 ( | - \ & » = F AUB. ; , ' —- = ‘Ble
Slide 62: About CTP CTLife
‘ABOUT CTP CTLIFE 122-123
Slide 63: CMD Notes
CMD 24 NOTES | CMD 24 124-125
Slide 64: CMD Notes
CMD 24 NOTES | CMD 24 126-127
Slide 65: Disclaimer
CMD 24 NOTES / DISCLAIMER DISCLAIMER This presentation may include statements which may be deemed to be, “forward- looking statements”. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “projects”, “ant
Slide 66: CTP.EU Capital Markets Day
Capital Markets Day Bucharest & Belgrade CTP.EU