Deutsche Konsum Real Estate Ag · XETR:DKG
Deutsche Konsum Real Estate — Deutsche Konsum REIT-AG — Deutsches Eigenkapitalforum 2024
11 slides from Deutsche Konsum Real Estate's conference presentation, Nov 26, 2024
Slide 1: Deutsche Konsum REIT-AG
1 Deutsche Konsum REIT-AG Presentation Deutsches Eigenkapitalforum 2024 26.11.2024 Deutsches Eigenkapitalforum 2024 | Deutsche Konsum REIT-AG
Slide 2: Disclaimer
2 Disclaimer The material in this presentation has been prepared by Deutsche Konsum REIT-AG (“DKR”) and is a general background information about DKR’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information i
Slide 3: Business Model & Strategy
3 BUSINESS MODEL & STRATEGY Deutsches Eigenkapitalforum 2024 | Deutsche Konsum REIT-AG
Slide 4: DKR Business Model at a Glance
DKR BUSINESS MODEL AT A GLANCE 4 Business Strategy: Real Estate investor focused on food-retail anchored properties German retail property portfolio in established micro locations • 166 retail properties • 0.9 BEUR GAV and 69 MEUR annualized rents • Micro locations predominantly in small to mid-size
Slide 5: Property Portfolio
PROPERTY PORTFOLIO 5 Property portfolio consists of 166 properties with approx. 984,200 sqm >> Portfolio development: Schleswig- 30/09/2022 30/09/2023 30/09/2024 Holstein Mecklenburg - Pommerania Number of properties 175 184 166 Lower Rental space (sqm) 1,048 1,083 984 Saxony Saxony- Total fair valu
Slide 6: Tenant Structure
TENANT STRUCTURE 6 66% Rent contribution from non-cyclical tenants (79% including DIY) >> Rent contribution by tenant classification (m EUR)1: >> Rent contribution by major tenants1 : Rent WALT Non- Tenant group Brands (m EUR) in years Other cyclical cyclical uses rents Edeka Group 7.7 4.3 Schwarz G
Slide 7: Tenant Structure: Resilient rental income, 49% in 5+ year leases
TENANT STRUCTURE 7 Resilient rental income/ 49% in 5+ year leases 1 30 25 Rent p.a. MEUR 20 15 10 5 0 1 2 3 4 5 6+ without expiration • WALT as of 30 September 2024: 4.4 years 1 Based on current portfolio (166 properties) Deutsches Eigenkapitalforum 2024 | Deutsche Konsum REIT-AG
Slide 8: Tenant Structure: Strong tenant partnerships
TENANT STRUCTURE 8 DKR has strong tenant partnerships >> Number of leases with the same tenant group1: No. of lease contracts • Multiple leases with the same tenant strengthens DKRs position towards the tenants 1 Based on current portfolio (166 properties) Deutsches Eigenkapitalforum 2024 | Deutsche
Slide 9: Preliminary Financial Results FY 2023/2024
9 PRELIMINARY FINANCIAL RESULTS FY 2023/2024 Deutsches Eigenkapitalforum 2024 | Deutsche Konsum REIT-AG
Slide 10: Business Update
BUSINESS UPDATE 10 FY 2023/2024 highlights and preliminary results Stable operational business / FFO impacted by higher debt costs ➢ Rental income decreased to 77.4 MEUR (down 2.9% y-o-y) – due to portfolio sales ➢ Net rental income slightly decreased to 47.4 MEUR (down 1.8% y-o-y), mainly due to po
Slide 11: Financing
FINANCING 11 Debt structure >> Financial KPIs: Debt allocation (MEUR, outstanding debt as of 30/09/2024) Corporate bond 30/09/2024 30/09/2023 V. % 2021/2031 (unsecured) Total financial debt (loans + bonds), MEUR 549.5 638.1 -13.9 12,1 7,9 30,0 Promissory notes Ø Senior secured debt cost, % p.a. 2.81
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