Wereldhave N.v. · EURONEXT:WHA

Wereldhave — Corporate Update (April 2014)

32 slides from Wereldhave's corporate update, Apr 15, 2014

  1. Slide 1: Dutch Property Tour

    Dutch Property Tour April 15, 2014

  2. Slide 2: Dutch property tour: Eggert, Purmerend

    Dutch property tour Eggert Purmerend April 15, 2014 2

  3. Slide 3: Eggert shopping centre

    Eggert shopping centre Facts & figures Location Purmerend city centre Opening 1979 Catchment area (#) 84,213 Visitors (#/yr) 4,000,000 Shops 75 Catering 5 Parking spaces 375 NLA (sqm) 19,381 Gross rent (€) 4,800,000 Management team In-house Social media Fully integrated 3

  4. Slide 4: Purmerend

    Purmerend Purmerend is a municipality located 20km north of Amsterdam. The city is surrounded by polders, such as the Purmer, Beemster and the Wormer. Purmerend was created out of a small fishing village and was founded in 1410 by a wealthy banker from Amsterdam, Willem Eggert, after whom the centre

  5. Slide 5: Eggert catchment area characteristics

    Eggert Catchment area characteristics 5 min. 15 min. ► Purchasing power 17,509 16,426 ► # households 23,536 215,707 ► # persons 53,971 473,224 22% 22% 22% 22% 21% 20% 17% 17% 18% 19% 5 min. drive time ► Age distribution <14 15- 30- 45- >60 <14 15- 30- 45- >60 15 min. drive time 29 44 59 29 44 59 ► P

  6. Slide 6: Redevelopment plan – key elements

    Redevelopment plan – key elements Improve look and feel Create 100% route BREEAM Very Good Refresh connection Balance tenant mix ground- and first floor Total investment €16m | Start construction Q4 2013 | Completion Q1 2016 | 6

  7. Slide 7: Improve look and feel

    Improve look and feel CURRENT NEW 7

  8. Slide 8: Create 100% route

    Create 100% route CURRENT NEW Ground floor Ground floor 8

  9. Slide 9: Create 100% route

    Create 100% route CURRENT NEW First floor First floor 9

  10. Slide 10: Refresh connection ground- and first floor

    Refresh connection ground- and first floor CURRENT NEW 10

  11. Slide 11: Balance anchor tenant mix

    Balance anchor tenant mix CURRENT NEW Ground floor Ground floor 11

  12. Slide 12: Balance anchor tenant mix

    Balance anchor tenant mix CURRENT NEW First floor First floor 12

  13. Slide 13: Dutch property tour: De Koperwiek, Capelle a/d IJssel

    Dutch property tour De Koperwiek Capelle a/d IJssel April 15, 2014 13

  14. Slide 14: De Koperwiek shopping centre

    De Koperwiek shopping centre Facts & figures Location Capelle a/d IJssel City centre - dominant Catchment area (#) 66,000+ Visitors (#/yr) 4,000,000 Shops 100 Residences 86 Parking spaces 900 NLA (sqm) 25,000 Gross rent (€) 5,800,000 Anchors (a.o.) 14

  15. Slide 15: De Koperwiek shopping centre: Acquisition

    De Koperwiek shopping centre Acquisition All-in price (€m) 60.1 Developments (€m) 20.0 Net initial yield 6.1% Track record High occupancy Increasing cash flow Acquisition of part of shopping centre not previously owned, increasing ownership to 100% 15

  16. Slide 16: Capelle aan den IJssel

    Capelle aan den IJssel Capelle aan den IJssel is a town 5 km east of Rotterdam. The municipality had a population of 66,177 in 2014. It is situated on the eastern edge of Rotterdam, on the Hollandse IJssel river. The diversity of architectural styles, boulevards, waterways and lots of greenery are c

  17. Slide 17: De Koperwiek catchment area characteristics

    De Koperwiek Catchment area characteristics 5 min. 15 min. ► Purchasing power 17,400 17,839 ► # households 18,806 222,810 ► # persons 40,051 460,204 26% 22% 20% 20% 21% 22% 19% 16% 16% 17% ► Age distribution <14 15- 30- 45- >60 <14 15- 30- 45- >60 5 min. drive time 29 44 59 29 44 59 ► Population wea

  18. Slide 18: Redevelopment plan – key elements

    Redevelopment plan – key elements Accommodate tenants demand Spur operational excellence SC already has 100% occupancy SC now has one AH, C&A, La Place, H&M owner / manager desire expansion BREEAM Very Good Upgrade and uniform Improve routing total shopping centre Total investment €20m | Start const

  19. Slide 19: Spur operational excellence

    Spur operational excellence OLD NEW

  20. Slide 20: Accommodate tenant demand

    Accommodate tenant demand 1. Extend Albert Heijn 4. Add supermarket 2000 m2 2. Extend F&B and retail 5. Extend Jumbo with 500m2 3. Extend unit for C&A 6. Extend Big Bazar and Ekoplaza 1 4 5 2 3 6 20

  21. Slide 21: Upgrade and uniform total shopping centre

    Upgrade and uniform total shopping centre CURRENT NEW 21

  22. Slide 22: Improve routing

    Improve routing I E Pryausou 22 Ww WERELDHAVE

  23. Slide 23: Dutch property tour: Vier Meren, Hoofddorp

    Dutch property tour Vier Meren Hoofddorp April 15, 2014 23 Wereldhave Management Holding BV

  24. Slide 24: Vier Meren shopping centre

    Vier Meren shopping centre Facts & figures Location Hoofddorp City centre - dominant Catchment area 250,000+ Visitors (#/yr) 6,000,000 Tenants 60 Parking spaces 1000+ NLA retail (sqm) 33,000 NLA offices (sqm) 3,700 Gross rent €9,600,000m 24

  25. Slide 25: Vier Meren shopping centre: Acquisition

    Vier Meren shopping centre Acquisition All in price (€m) 147.5 Completion date End of January 2014 Net initial yield 5.8% Track record Stable cash flow Funded largely with proceeds of disposal Joinville office in Paris 25

  26. Slide 26: Vier Meren shopping centre

    Vier Meren shopping centre • Strong destination, part of a larger 74,000 m2 inner city retail offer • Growing catchment, above average income profile • Potential 2,500 m2 expansion • Optimise asset management adjacent owner 26

  27. Slide 27: Hoofddorp

    Hoofddorp Hoofddorp is the main town of the Haarlemmermeer, 20 km south-west of Amterdam. Haarlemmermeer is a polder (consisting land reclaimed from water), the name Haarlemmermeer means Haarlem’s Lake. The town Hoofddorp was founded in 1853, immediately after the Haarlemmermeer had been drained. 27

  28. Slide 28: Vier Meren catchment area characteristics

    Vier Meren Catchment area characteristics 5 min. 15 min. ► Purchasing power 19,094 19,162 ► # households 16,794 220,535 ► # persons 38,554 477,844 25% 22% 21% 22% 22% 20% 18% 18% 17% 18% ► Age distribution <14 15- 30- 45- >60 <14 15- 30- 45- >60 29 44 59 29 44 59 ► Population wealth a. Low 16% 20% b

  29. Slide 29: Redevelopment plan – key elements

    Redevelopment plan – key elements 2,500 sqm Redevelopment Spur operational potential excellence BREEAM Very Good Quick wins 29

  30. Slide 30: 2,500 sqm redevelopment potential

    2,500 sqm redevelopment potential CURRENT NEW 30

  31. Slide 31: Spur operational excellence

    Spur operational excellence Discussion with the adjacent owners for Shopping Centre Management at a high level Short-term rent roll improvement (parking) 31

  32. Slide 32: Quick wins

    Quick wins CURRENT NEW Amenities Amenities Activity Activity calendar calendar 8,000 1,500 likes follows 4% 4% Digital 3% 5% Digital Launch 3% 5% Launch website app 2% 0% 6% 100%6% 2% 1% 7% 1% 7% now now 2015 32

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