Aedifica Sa · EURONEXT:AED
Aedifica Sa — Investor Day (October 2023)
19 slides from Aedifica Sa's investor day presentation, Oct 4, 2023
Slide 1: Hoivatilat as a company
Hoivatilat as a company We are creating a better society and service environments with our partners. Hoivatilat was established with this promise in 2008. Since January 2020, we have been part of the Belgian listed Aedifica SA Group. Country lead, Aedifica Group CEO, Hoivatilat Oyj Hoivatilat | aedi
Slide 2: A stable, progressive Nordic welfare state
A stable, progressive Nordic welfare state Independence Member of EU Member of NATO 1917 1995 2023 - The happiest country in the world (un wortp Happiness REPORT, 2022) + The 3rd most stable country in the world (the Fracive state INDEX, 2023) + Top 10 most innovative countries in the world (ciosat
Slide 3: We develop, invest, own and lease
We develop, invest, own and lease Care homes • Full project development: land acquisition, construction Schools company and tenant selection Service communities • All largest professional operators in Finland as tenants Day care centres • Inflation linked double-net long lease agreements Properties
Slide 4: Hoivatilat assets
= Tier 1 areas with the most Hoivatilat assets Hoivatilat assets Hoivatilat assets by areas Total amount Fair value (Meur) % - share of in Finland of assets H1-2023 portfolio value All areas in Finland 193 965 100 % Tier 1 area 137 753 78 % Tier 2 area 56 212 22 % Tier 3 area 0 0 0% Top 6 biggest ci
Slide 5: Population change between 2023-2040 and Hoivatilat assets
Population change between 2023-2040 and Hoivatilat assets = Tier 1 areas with the most Hoivatilat assets = Tier 1 areas with the most Hoivatilat assets About 70% of About 90% of Hoivatilat elderly Hoivatilat day care care homes are centres are located inside located inside biggest Tier1 areas bigges
Slide 6: Hoivatilat portfolio
Hoivatilat portfolio Fair value by property type Contractual rent by tenant sector 1.1.- 30.6.2023 30.6.2023 Care Home 5%1% 6% 6% Day Care Private 18% 9% Disabled 38% Public School 13% Non-profit Other Mental 76% 28% Child Protection • The contractual rent value of the public sector for the whole du
Slide 7: Key figures
Key figures FINNISH PORTFOLIO Occupancy rate WAULT 100 % 12 years 30.6.2023 193 Yield on fair value Portfolio fair value 5.8 % 965 M€ assets 47 Portfolio outlook as of 1 August 2023 Tenant groups 991 M€
Slide 8: Sustainability programs
Sustainability programs • Environment • All properties are covered by automation and remote monitoring systems • Energy efficiency programs in place and in ongoing development • Net energy use intensity targets set according to Aedifica pathway • Social • Customer satisfaction surveys conducted year
Slide 9: Hoivatilat project development
Hoivatilat project development Capital Markets Day, Helsinki 4th of Oct 2023 Jussi Vikman Antti Heiskanen Account director Project development manager
Slide 10: Content
Content 1. Development process and general information 2. How do we create value to shareholders by our own development 3. Case examples 1. Helsinki Pakarituvantie - Malminkartano Service Community 2. Helsinki Landbontie - Disabled care home
Slide 11: Development process and general information
Development process and general information
Slide 12: General information Development process
General information Development process The pieces you need to succeed (operational environment as a puzzle) Simple and unique ”Hoivatilat Way” for development • Market analysis and understanding Construction companies Architects & Land owners • Customer needs and different concepts Planners sdsd •
Slide 13: How do we create value to shareholders by our own development
How do we create value to shareholders by our own development
Slide 14: How do we create value to shareholders by our own development
How do we create value to shareholders by our own development Risk controlling • Simple and clear strategy, focus areas, macro and micro locations • Up-to-date information of market yield requirements • Internal investment processing • Pre-agreement policy • Control of construction contracts and lea
Slide 15: Case example: Helsinki Pakarituvantie - Malminkartano Service Community
Case example: Helsinki Pakarituvantie - Malminkartano Service Community
Slide 16: Helsinki Pakarituvantie – Malminkartano Service Community
Helsinki Pakarituvantie – Malminkartano Service Community • Size approx. 7000 sqm • Care home 108 beds • Elderly care home • Service Apartments • Assisted living for Disabled 26 beds • Day care centre for 50 children • Restaurant and other multifunctional premises • Multitenant property by capital r
Slide 17: Helsinki Pakarituvantie - Malminkartano Service Community
Helsinki Pakarituvantie - Malminkartano Service Community • Hoivatilat updated its strategy and developed 2017- Service Community concept. We made the 2018 decision to develop the Service Community project. • Good macro and micro locations, old suburb and old office building > big potential 2019 • N
Slide 18: Helsinki Landbontie - disabled care home
Helsinki Landbontie - disabled care home • 1 400 Sqm • 18 Care homes + 6 service apartments • 24/7 Service housing • Capital lease agreement • 15 Year contract • Completion 4/2024
Slide 19: Helsinki Landbontie - disabled care home
Helsinki Landbontie - disabled care home 6/21 • Market demand • Continuous search, multiple potential locations 12/21 • Land acquisition (3/23) • After own search pre-agreement to buy the property with building permit clause (limits risk) 12/21 • Tenants (3/22) • Started as a mental rehabilitation c