Genova Property Group Ab · OMXSTO:GPG
Genova Property Group Ab — Q3 2021 Earnings Presentation
17 slides from Genova Property Group Ab's earnings presentation, 2021
Slide 1: Company Presentation Q3 2021
Q3 2021 Company Presentation
Slide 2: Table of contents
GENOVA PROPERTY GROUP Table of contents Introduction Operational and financial update Appendix
Slide 3: Introduction
INTRODUCTION
Slide 4: Genova in short
Genova in short As of Q3 – 2021 13% 31% 56% 14% 31% 55%
Slide 5: Genova – the personal property company
Genova – the personal property company Genova’s cornerstones Long- term owner
Slide 6: Genova's business model
Genova’s business model Property Sustainable development management • • Property acquisitions Knivsta Vrå 1:392 • Fuxen 3 • Property management Value • Luthagen 13:2 creation • • • Property Building rights • development • development Construction • Drevern 1, 2 & Dvärgspetsen 1 Hunnerup 1 Handelsman
Slide 7: Operational and financial update
OPERATIONAL AND FINANCIAL UPDATE
Slide 8: Financial and operational targets
Financial and operational targets Long-term net asset value1) Income from property management2) >20% >20% Target Target 20% 34% Q3 2021 Q3 2021 Equity/assets ratio Loan-to-value ratio Interest coverage ratio >35% <65% >2x Target Target Target 38% 61% 2.2x Q3 2021 Q3 2021 Q3 2021 Soliditet >70% 1,500
Slide 9: Operational update
Operational update As of Q3 – 2021 • • • • • • • • • • • • • • •
Slide 10: Focus for the remainder of 2021
Focus for the remainder of 2021 Kvarngärdet 63:2-4, Uppsala Söderhällby 1:9, Uppsala Segerdal, Knivsta Handelsmannen, Norrtälje Fuxen 3, Täby Korsängen, Enköping • • • • •
Slide 11: Financial development
Financial development As of Q3 – 2021
Slide 12: Financial development
Financial development As of Q3 – 2021 4000 100% 3500 90% 3000 80% 70% 2500 60% 2000 50% 1500 40% 1000 30% 500 20% 0 10%
Slide 13: Financial development
Financial development As of Q3 – 2021 Interest-bearing debt Average interest rate2) (3m STIBOR floating) 1,793 652 179 308 282
Slide 14: Appendix
APPENDIX
Slide 15: The portfolio
The portfolio As of Q3 - 2021 Property value Rental value Other Other 13% 14% Uppsala Greater Stockholm 29% Greater Uppsala 56% Stockholm 31% 57% Property value: SEK 6,360m Rental value: SEK 379m • • •
Slide 16: Project development
Project development As of Q3 - 2021
Slide 17: Project development
Project development As of Q3 - 2021 Definitions • CoA = Co-operative apartments • R = Rental apartments • H = Hotel • CSP = Community service properties • C = Commercial
Genova Property Group — Q3 2021 Earnings Presentation on 6ix