Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. — Investor Presentation (2016)
24 slides from Halk Gayrimenkul Yatirim Ortakligi As's investor presentation, 2016
Slide 1: Investor Presentation 2015 YE
INVESTOR PRESENTATION 2015 YE
Slide 2: a Fat Estat Irveatmant Tra. Ieuan in the
a Fat Estat Irveatmant Tra. Ieuan in the
Slide 3: 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 31.12.2015; Halk GYO has
Slide 4: Real Estate Portfolio Distribution
REAL ESTATE DISTRIBUTION OF PORTFOLIO PORTFOLIO TL 1,765 Million Buildings 43% TL 492.5 Million Projects 57% Last Appraisal Values (December 2015) Establishment Appraisal Values (October 2010) 2
Slide 5: Real Estate Portfolio Regional Dispersal
REAL ESTATE PORTFOLIO REGIONAL DISPERSAL Istanbul Istanbul “Bizimtepe Aydos” “Park Dedeman Levent” Residential Project Hotel Istanbul “Finance Center” Project Kocaeli Şekerpınar Istanbul “Banking Base” “Referans Bakırköy” Project Residential Project Eskişehir “Panorama Plus” Residential Project Buil
Slide 6: Real Estate Portfolio Table
REAL ESTATE PORTFOLIO TABLE 2015 December 2015 December REAL ESTATES Net Book Values Last Appraisal Values REAL ESTATE PROJECTS (TL) (TL) *Land appraisal value PROJECTS .403,659,422 .999,364,146 Istanbul “Finance Center” Project 269,326,546 *660,825,000 **Appraisal values of unsold Istanbul “Bizimte
Slide 7: Rental Income Ratios
RENTAL INCOME RATIOS Period 2012 2013 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Building Rent Revenue 24,929,624 28,837,553 29,759,463 7,146,139 9,580,432 12,084,877 12,785,233 (TL) 10.6% 10.5% 10.1% 9.5% 9.1% 8.6% 8.2% 7.7% 7.2% 6.9% 6.7% 6.7% 6.7% 6.7% Rent Income/ Book Value Rent Income/ Last Appraisa
Slide 8: 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 9: Completed Projects: Referans Bakırköy
COMPLETED PROJECTS ISTANBUL “REFERANS BAKIRKOY” 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 a
Slide 10: Completed Projects: Park Dedeman Levent Hotel
COMPLETED PROJECTS ISTANBUL “PARK DEDEMAN LEVENT” HOTEL Park Dedeman Levent Hotel is the first hospitality project on Halk GYO’s portfolio. It meets the much felt need for business hotels on Mecidiyeköy-Maslak line, Istanbul. The occupancy permit for “Park Dedeman Levent” hotel project has been gran
Slide 11: Completed Projects: Eskişehir Panorama Plus
COMPLETED PROJECTS ESKISEHIR “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 97 residential and
Slide 12: Completed Projects: Şekerpınar Banking Base Block A
COMPLETED PROJECTS SEKERPINAR “BANKING BASE” BLOCK A Having been added into portfolio in 2012 and risen on a land of 15,652 sqm, “Banking Base” project will be a technologically response to the all needs of a bank with its usage area and substructure. Plus storage, call center, data center and train
Slide 13: Ongoing Projects: Istanbul Finance Center
ONGOING PROJECTS ISTANBUL FINANCE CENTER As Halk GYO, we are one of the biggest 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 co
Slide 14: Ongoing Projects: Şekerpınar Banking Base Block B
ONGOING PROJECTS SEKERPINAR “BANKING BASE” PROJECT-BLOCK B Having been added into portfolio in 2012 and risen on a land of 15,652 sqm, “Banking Base” project will be a technologically response to the all needs of a bank with its usage area and substructure. Plus storage, call center, data center and
Slide 15: Ongoing Projects: Sancaktepe Bizimtepe Aydos
ONGOING PROJECTS SANCAKTEPE “BIZIMTEPE AYDOS” RESIDENTIAL PROJECT The Project will constructed through joint venture with Vakıf REIT. It is located on Sancaktepe, one of the most developing and popular districts of Istanbul. On the 98k sqm land, after leaving 90% of it for landscape, it is planning
Slide 16: Planned Projects: Salıpazarı Hotel Project
PLANNED PROJECTS SALIPAZARI HOTEL PROJECT Aiming to be utilized from 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
Slide 17: Financial Data
FINANCIAL DATA BALANCE SHEET (TL) 31.12.2014 31.12.2015 Current Assets 183,420,241 144,495,869 Liquid Assets 46,587,030 16,436,458 Inventories 103,090,737 97,964,900 Non-Current Assets 744,986,425 830,219,908 Investment Properties 713,531,361 789,101,181 01.01.2014 01.01.2015 INCOME STATEMENT (TL) 3
Slide 18: Distribution of Assets and Liabilities
DISTRIBUTION OF ASSETS AND LIABILITIES DISTRIBUTION OF ASSETS DISTRIBUTION OF LIABILITIES Cash and Cash Equivalents Others Lands&Projects Buildings Others Financial Debts Deferred Income Equities 974,715,777 928,406,666 974,715,777 928,406,666 35% 49% 91% 89% 53% 41% 7% 8% 8% 8% 5% 2% 2% 2% 1% 1% 20
Slide 19: Balance Sheet Items
BALANCE SHEET ITEMS Y-o-Y TL Thousand 951.256 974.715 914.836 934.934 937.481 936.726 928.406 Assets %5 905.535 838.951 853.944 867.935 890.131 857.175 879.448 827.793 838.264 845.344 797.936 754.010 769.176 Shareholder’s Equity %6 747.182 779.029 785.355 741.360 568.614 544.401 Lands and Projects %
Slide 20: Income Statement Items
INCOME STATEMENT ITEMS TL Q2 2014 Q3 2014 Q4 2014 Q1 2015 2014 Q3 2015 Q1 2013 Q2 2013 4.Ç.2015 2015 Total Revenues 13,518,983 16,366,608 18,566,116 38,159,410 86,611,117 16,026,056 19,180,338 18,375,668 46,074,049 99,656,111 Rent Income 7,600,257 7,571,320 7,421,117 7,370,772 29,963,466 7,337,370 8
Slide 21: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS Sales Revenues 45,818,208 Rent Revenues Financial 42,541,150 Revenues Others TL %67 %65 22,513,338 19,275,106 18,879,774 17,126,024 %31 16,350,165 13,795,605 %21 %51 %9 %39 %48 %33 %44 %17 %55 %58 %32 %18 %5 %45 %44 %30 %34 %11 %18 %1 %5 %7 %5 %2 %3 Q1 2014 Q2 2014
Slide 22: Distribution of Expense Items
TL DISTRIBUTION OF EXPENSE ITEMS 23,568,225 Cost Sales Amortization Personal Others Finance Property Tax 12,285,235 %81 10,138,236 7,906,004 %20 7,048,522 %63 6,402,792 %4 5,879,809 %8 %18 4,299,496 %5 %12 %34 %40 %45 %3 %53 %4 %9 %6 %56 %8 %11 %7 %11 %11 %25 %23 %19 %6 %43 %15 %27 %18 %19 %2 %9 %5
Slide 23: 2016 Targets
2016 TARGETS To choose prime contractor for “Istanbul Finance Center” project and start construction works, To complete the construction of Kocaeli Şekerpınar Banking Base Project “Block B” and rent it out, To renovate Salıpazarı Building as a Hotel To remove “Referans Bakırköy” and “Eskişehir P
Slide 24: 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
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