Globe Residency REIT · PSX:GRR
Globe Residency REIT — Dolmen City REIT — Investor Presentation (December 2021)
15 slides from Globe Residency REIT's investor presentation, December 2021
Slide 1: REIT WANAGEMENT LIMITED -
REIT WANAGEMENT LIMITED -
Slide 2: Dolmen City REIT Corporate Briefing Session 2021
DOLMEN CITY REIT Corporate Briefing Session 2021
Slide 3: Table of Contents
Table of Contents 01 Introduction – Sector Overview 02 Introduction - Company Overview 03 Operational and Financial Highlights
Slide 4: Real Estate is a secure and profitable investment avenue but inaccessible to a common man
Real Estate is a secure and profitable investment avenue but inaccessible to a common- man/small saver due to lack of resources and liquidity “To provide all investors with the same opportunity to invest in large scale commercial real estate that previously was open only to large financial instituti
Slide 5: Introduction - Sector Overview
1. Introduction - Sector Overview A highly regulated and disciplined corporate structure to pool funds for the purpose of real estate investment. Purchase Invest REIT UNITS INVESTORS Dividend Income REAL ESTATE ASSETS Ownership of the Real Estate is represented through REIT Units. Investors can inve
Slide 6: How REITs Work
How REITs Work REIT SCHEME Trust Deed RMC Establishes and Investment Manages the REIT Public and Private Investors Holds Property Title and BooksTrustee of Accounts, Appointments, Investment Decision Making, Accounts as Custodian of Regulator Reporting and Income REIT Assets Distribution Stock Excha
Slide 7: Types of REITs in Pakistan
1. Introduction - Sector Overview Types of REITs in Pakistan ▪ Developmental REIT: Established with the objective of development, construction or refurbishment of real estate for industrial, commercial, residential or a combination of uses. ▪ Rental REIT: Established with the purpose of generating r
Slide 8: Introduction - Company Overview
2. Introduction – Company Overview ➢ Country’s Finest Mix-Use Development; revolutionized the retail landscape of Pakistan. ➢ Karachi’s Favorite destination - the Dolmen Mall, Clifton integrates the best in food, fashion and leisure. Components of Dolmen City Project: ➢ Delighted Customers, Reputed
Slide 9: Introduction - Company Overview
2. Introduction - Company Overview Nature of the Scheme Perpetual, Rated, Listed, Closed-end Shariah Compliant Rental REIT • Dolmen Mall Clifton 547,924 sq.ft. Real Estate • The Harbour Front 256,724 sq.ft. Total 804,648 sq.ft. PKR 22,237 Million (at inception) Fund Size PKR 57,424 Million as at Jun
Slide 10: Operational and Financial Highlights: Tenancy Profile
3. Operational and Financial Highlights ➢ Currently Operating with the finest brands and Companies in Pakistan. ➢ Tenants include: MALL - TENANCY PROFILE HARBOUR FRONT - TENANCY PROFILE (AS AT JUNE 2021) (AS AT JUNE 2021) Vacant Vacant TCS 8.46% Miscellaneous 1.53% 0.24% Engro Group 3.11% Philip Mor
Slide 11: Response to the Outbreak of Covid-19
3. Operational and Financial Highlights Response to the Outbreak of Covid-19 • In compliance with the directives of the government, lock downs were imposed on the retail-activity by the government whereby, limited operating hours, only outdoor food were allowed along with safe days to curb the sprea
Slide 12: Operational and Financial Highlights
3. Operational and Financial Highlights 30 June 2021 30 June 2020 (Rupees in '000) % INCOME Rental income 2,938,661 2,813,561 4.44 Revenue from marketing activities 147,393 151,400 (2.65) 3,086,054 2,964,961 4.08 Administrative and operating expenses (421,684) (396,494) 6.35 Net operating income 2,6
Slide 13: Summarized Performance of 1st Quarter
3. Operational and Financial Highlights Summarized Performance of 1st Quarter Sep 30,2021 Sep 30,2020 % (Rupees in 000) Income 810,070 619,724 30.71 Net operating income 711,896 519,623 37.00 Net profit 705,862 554,128 27.38 Earning per share 0.32 0.25 28.00 Dividend per share 0.33 0.25 32.00
Slide 14: Dividend Payout and Taxes Paid
3. Operational and Financial Highlights Dividend Payout (Year on Year) Cumulative Contribution to Government in terms of Federal and Provincial Taxes Dividend Payout Taxes Paid (PKR ' Million) (PKR ' Million) 3,000 4,000 3,500 2,900 2,935 3,698 3,000 2,800 3,101 2,779 2,500 2,700 2,757 2,633 2,000 2
Slide 15: Thank You
Thank You
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