Akis Gayrimenkul Yatirim Ortakligi A.s. · BIST:AKSGY
Akis Gayrimenkul Yatirim Ortakligi A.s — Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q3 2021 Earnings Presentation
11 slides from Akis Gayrimenkul Yatirim Ortakligi A.s's earnings presentation, November 2021
Slide 1: Akiş REIT 3Q21 Performance Presentation – November 2021
Akiş REIT 3Q21 Performance Presentation – November 2021 Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 1
Slide 2: Portfolio Performance; Financials’ Overview
Akiş REIT 3Q21 Performance Presentation – November 2021 1 Portfolio Performance 2 Financials’ Overview Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 2
Slide 3: Portfolio Performance (Akasya Shopping Mall)
Akiş REIT 3Q21 Performance Presentation – November 2021 1 Portfolio Performance (Akasya Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 3
Slide 4: Akasya General Overview
Akiş REIT 3Q21 Performance Presentation – November 2021 Akasya Shopping Mall – General Overview** Following the easing of pandemic measures as of July 2021, turnover rent application in Akasya Shopping Mall Turnover per sqm* (YoY) Akasya Shopping Mall Revenue Breakdown the context of rental incentiv
Slide 5: Akasya Financials
Akiş REIT 3Q21 Performance Presentation – November 2021 Akasya Shopping Mall – Financials Income yield Akasya Shopping Mall (TLmn) 2017 2018 2019 2020 9M20 9M21 YoY Revenue 205,8 249,6 270,6 169,2 122,6 160,4 31% EBITDA 164,2 201,9 218,2 122,0 88,4 125,8 42% Latest Appraisal Value 2.410 3.331 3.650
Slide 6: Portfolio Performance (Akbatı Shopping Mall)
Akiş REIT 3Q21 Performance Presentation – November 2021 1 Portfolio Performance (Akbatı Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 6
Slide 7: Akbatı General Overview
Akiş REIT 3Q21 Performance Presentation – November 2021 Akbatı Shopping Mall – General Overview** Given the share of rental revenues are already higher in Akbatı, there has not been Akbatı Shopping Mall Turnover per sqm* (YoY) Akbatı Shopping Mall Revenue Breakdown significant change in such metric
Slide 8: Akbatı Financials
Akiş REIT 3Q21 Performance Presentation – November 2021 Akbatı Shopping Mall – Financials Income yield Akbatı Shopping Mall (TLmn) 2017 2018 2019 2020 9M20 9M21 YoY Revenue 84,6 106,1 117,7 85,2 59,1 83,8 42% EBITDA 62,2 81,3 89,2 58,9 40,3 63,0 56% Latest Appraisal Value 912,1 1.216 1.465 1.450,7
Slide 9: Financials’ Overview (TLmn)
Akiş REIT 3Q21 Performance Presentation – November 2021 2 Financials’ Overview (TLmn) With restrictions halting as of July 2021, our malls started to operate as usual. As a result we recorded TL65.7mn net profit in 3Q21 bringing 9M21 net loss to TL250mn levels. 266 216 179 120 -250 -435 9M20 9M21 Re
Slide 10: Financials’ Overview (TLmn)
Akiş REIT 3Q21 Performance Presentation – November 2021 2 Financials’ Overview (TLmn) Our net debt is around US$265mn. Our average debt maturity is around x2.7 years level. Taking into account our cash, average debt maturity is around x3 years level. 2,7 2,2 9M20 9M21 Akiş Gayrimenkul Yatırım Ortakl
Slide 11: Communication
Akiş REIT 3Q21 Performance Presentation – November 2021 Communication Ozan Hançer Director Strategic Planning, Business Development and Investor Relations E-mail: ozan@akisgyo.com Telephone: +902123930100 Sercan Uzun, CFA, CAIA Manager Investor Relations, Strategic Planning and Business Development
Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q3 2021 Earnings Presentation on 6ix