Wereldhave N.v. · EURONEXT:WHA
Wereldhave — Investor Day (2023)
16 slides from Wereldhave's investor day presentation, 2023
Slide 1: Agenda
Agenda 1 Welcome Management update Matthijs Storm & Dennis de Vreede LifeCentral Strategy update Joost van der Zee ESG & Sustainability Mart van Kuijk Coffee break 15 min. Leasing market and commercial update Pieter Polman Operations update Jean-Philippe Pinteaux Lunch Full Service Center tours Cape
Slide 2: 2016 – 2023 2014 – 2016 2011 – 2014 2008 – 2011 2007 –
2016 – 2023 2014 – 2016 2011 – 2014 2008 – 2011 2007 – 2008 2022 2020 2019 2017 2013 46
Slide 3: Leasing market and commercial update
Leasing market and commercial update 47 Leasing market update Commercial team structure Cross-border collaboration lat) +Data-driven operations 0000 Wereldhave
Slide 4: Leasing market update
e Leasing market update MGR Uplift Wereldhave BE Our markets at a glance 712% Belgium: very strong demand from tenants, driven by: 46% 10% * Less oversupply of retail in the market 0,5% 0,4% * Better retailer credit quality * Limited ecommerce penetration * Owner of dominant, high-quality, assets -3
Slide 5: Commercial team structure
| Commercial team structure Our Strategy Nurturing business partnerships for our Full Service Centers; leveraging existing relations while developing new (mixed-use) partners Structure update: one strategy, one team! From separate country leasing teams (silos) to centralized approach. Now organized
Slide 6: From asset to key-account leasing
From asset to key-account leasing Optimizing our leasing organization in Belgium Transformed commercial team from asset-dedicated leasing managers to key-account management Lessons learned in NL (since 2015) implemented in Belgium Top 25 retailers represented 47%" of total rental income in Belgium R
Slide 7: Benefits of Category Management
Benefits of Category Management Optimizing our leasing organization in the Netherlands Transformed commercial team from generalist leasing managers to specialist category managers Increase speed of transformations Optimize for specialist knowledge and experience (new categories) Create business oppo
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Slide 9: Cross-border partnerships: Hawaiian Poké Bowl
0 Cross-border pa rtnerships 4st Wereldhave deal in 2020, now 4 locations From 0 to 785 m? GLA Hawaiian Poké Bowl Strong presence in Belgium Market entry in the Netherlands 3 Wereldhave centers, 41 Wereldhave center (Tilburg) 2 new locations in research phase sa Wereldhave
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Slide 11: Cross-border partnerships: Basic-Fit
0 Cross-border pa rtnerships 4st Wereldhave deal in 2019, now 7 locations Basic-Fit From 0 to 9,472 m? GLA BASIC-FIT a——_ C é Strong and growing presence Expansion to Belgium Expansion to France in the Netherlands 1 Wereldhave center 1 Wereldhave center 5 Wereldhave centers, 2 in research phase 2 in
Slide 12: Wereldhave _
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Slide 13: Cross-border partnerships
0 Cross-border partnerships Leverage our partnerships and network across countries Example: Douglas (key account in NL) announces further expansion into Belgium. 2 BE locations in negotiation. FIRST DOUGLAS STORE IN BELGIUM OPENING NEAR ANTWERP Rollout of omnichannel model to the Belgian market Firs
Slide 14: Data-driven operations: LFL turnover delta of tenant
LFL turnover delta of tenant Per month (2023 YTD vs. 2022 YTD) Data-driven operations 50% 13% 14% 15% Our commercial operations are more data-driven, directly improving commercial negotiations and asset management Jan Feb Mar Apr May Jun Jul Aug’ Sep * In rental negotiations during Covid-19: seized
Slide 15: Conclusions
Conclusions Leasing market update Solid demand in Belgium, Netherlands room for growth Commercial team structure Improved commercial team structure in Belgium and the Netherlands, aligned with LifeCentral strategy Cross-border collaboration Strengthened cross-border collaboration enables faster roll
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