Barcino Property Socimi Sa · BME:YBAR

Barcino Property Socimi Sa — Q3 2023 Earnings Presentation

16 slides from Barcino Property Socimi Sa's earnings presentation, Nov 13, 2023

  1. Slide 1: Otra información relevante (regulatory filing notice)

    Barcelona, 13 de noviembre de 2023 Barcino Property SOCIMI, S.A. (en adelante “Barcino”, la “Sociedad” o la “Compañía”), en virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso de mercado y en el artículo 227 de la Ley 6/2023, de 17 de marzo, de los Mercados de Valores

  2. Slide 2: Q3 2023 and H1 2023 Results Presentation

    BARCINO PROPERTY SOCIMI, S.A. Q3 2023 and H1 2023 Results Presentation NOVEMBER 2023

  3. Slide 3: Disclaimer

    2 - BARCINO PROPERTY SOCIMI, S.A. DISCLAIMER This presentation (the “Presentation”) has been prepared by Barcino Property SOCIMI, S.A. Statements will prove to be accurate, as actual results and future events could differ (“Barcino”) and Vistalegre Property Management, S.L., –the Barcino’s managing

  4. Slide 4: Table of Contents

    3 - BARCINO PROPERTY SOCIMI, S.A. TABLE OF CONTENTS 01/ Business Review 06/ H1 2023 results 02/ Q3 2023 results 07/ H1 2023 balance sheet 03/ Q3 2023 KPIs 08/ Appendix 04/ Remaining capex 05/ Outlook

  5. Slide 5: 01/ Business Review

    4 - BARCINO PROPERTY SOCIMI, S.A. 01/ BUSINESS REVIEW Solid operating results with two new buildings coming online ! Q3 2023 (*) Gross Operating Income €669k, up +17% YoY ! Q3 2023 (*) Adjusted Net Operating Income (**) €392k, up +19% YoY ! Q3 2023 (*) EBITDA (**) €331k ! Performance driven by two b

  6. Slide 6: 02/ Q3 2023 Results

    5 - BARCINO PROPERTY SOCIMI, S.A. 02/ Q3 2023 RESULTS BARCINO PROPERTY In EUROS Q3 2023 (*) Q3 2022 (*) Var 23/22 % P&L Gross operating income: General and administrative Rental Income 669.035 570.004 costs GROSS OPERATING INCOME (GOI) 669.035 570.004 17% ! Increase in sales of €100k, +17% yoy ! BA

  7. Slide 7: 03/ Q3 2023 KPIs

    6 - BARCINO PROPERTY SOCIMI, S.A. 03/ Q3 2023 KPIs LFL MID TERM-REVENUES OCCUPANCY MID-TERM ! LFL mid term Q3 revenue growth based on ! Occupancy down from 93% to 85% 54 units +4% YOY 35 0000 100% -8% +4% 90% 300000 80% 250000 70% 200000 60% 50% 150000 40% 100000 30% 20% 50000 10% 0 0% Q3 2 022 * Q3

  8. Slide 8: 04/ Remaining Capex

    7 - BARCINO PROPERTY SOCIMI, S.A. 04/ REMAINING CAPEX Currently remaining expected capex There are still life leases and long- for last building requiring significant term lease units that may benefit refurbishement is of c.€0.6m. from refurbishment in the future. Additional capex could add up to €1

  9. Slide 9: 05/ Outlook

    8 - BARCINO PROPERTY SOCIMI, S.A. 05/ OUTLOOK Rental market showing moderation in growth Two buildings fully operational in Q4 2023 will support performance The completion during Q4 of the sale of some of the 10 units being sold will have a marginal negative impact on operating profits while generat

  10. Slide 10: 06/ Interim Statement of Profit or Loss

    9 - BARCINO PROPERTY SOCIMI, S.A. 06/ INTERIM STATEMENT OF PROFIT OR LOSS 1. Revenue Real estate leases 30/06/2023 (*) 1.183.730 1.183.730 30/06/2022 (*) 915.971 915.971 STATEMENT 5. Other operating income Other operating income 6.630 6.630 12.918 12.918 OF PROFIT OR 6. Staff costs a) Wages, salarie

  11. Slide 11: 07/ H1 2023 Balance Sheet

    10 - BARCINO PROPERTY SOCIMI, S.A. 07/ H1 2023 Balance sheet as of 30 june 2023 and 31 december 2022 (in Euros) BALANCE ASSETS 1 A) NON-CURRENT ASSETS 30/06/2023 (*) 39.115.188 31/12/22 37.308.222 SHEET 1.1 I. Intangible fixed assets 1.2 II. Property, plant and equipment 1.3 III. Investment property

  12. Slide 12: 8 / Appendix

    BARCINO PROPERTY SOCIMI, S.A. 8 / APPENDIX

  13. Slide 13: Geographical Footprint (1/2)

    12 - BARCINO PROPERTY SOCIMI, S.A. GEOGRAPHICAL 4 BERGA FOOTPRINT (1/2) The Barcino porfolio is mostly located in central Barcelona 8 GIRONA 2 13 assets 1 asset BUENOS AIRES JOAQUÍN COSTA 5 are located in is located next to 12 SEPÚLVEDA central Barcelona Barcelona in L’Hospitalet LLUNA de Llobregat

  14. Slide 14: Geographical Footprint (2/2)

    13 - BARCINO PROPERTY SOCIMI, S.A. GEOGRAPHICAL FOOTPRINT (2/2) 1 2 3 4 5 6 7 C. Vistalegre C. Buenos Aires P. Montjuïc C. Berga C. Sepúlveda C. P. Cabanyes C. Sant Bertran Barcelona L’Hospitalet de Barcelona Barcelona Barcelona Barcelona Barcelona Ciutat Vella district Llobregat Sants-Montjuïc dist

  15. Slide 15: Contacts

    14 - BARCINO PROPERTY SOCIMI, S.A. CONTACTS Josep Turró President of the Advisory Committee | Barcelona jturro@vistalegrepm.com Laura Turró COO | Barcelona lturro@vistalegrepm.com Olga Sevillano CFO | Barcelona osevillano@vistalegrepm.com

  16. Slide 16: Barcino Property SOCIMI, S.A.

    BARCINO PROPERTY SOCIMI, S.A. Q3 2023 and H1 2023 Results Presentation NOVEMBER 2023

Barcino Property SOCIMI — Q3 2023 Earnings Presentation on 6ix