Hotei Properties Group Socimi Sa · BME:YHTI
Hotei Properties Group Socimi Sa — Millenium Hospitality Real Estate SOCIMI — FY2021 Earnings Presentation
17 slides from Hotei Properties Group Socimi Sa's earnings presentation, Mar 21, 2022
Slide 1: Results Presentation 2021
H M Millenium H o s p i t a l i t y R e a l E s t a t e Excellent exposure to flagship hotel properties Results Presentation 2021 21 of March of 2022 1
Slide 2: Disclaimer
H M Millenium H o s p i t a l i t y R e a l E s t a t e Disclaimer This presentation does not constitute or form part of, and should not be construed as, any offer to sell or issue or invitation to purchase or subscribe for, or any solicitation of any offer to purchase or subscribe for, any securiti
Slide 3: Index
H M Millenium H o s p i t a l i t y R e a l E s t a t e Index 1. Main aggregates 2. Main milestones for the period 3. 2021 results 4. Evolution of the Portfolio and Pipeline 5. Market Environment 6. Objectives and Outlook 7. Annex 8. Contact 3
Slide 4: As at December 2021
H M Millenium H o s p i t a l i t y R e a l E s t a t e As at 31 December 2021 REINFORCEMENT OF THE SOLVENCY SIGNIFICANT SHAREHOLDER AND PRIME PORTFOLIO WITH CORPORATE SOLVENCY AND IMPROVEMENT IN NET HIGH VALUE POTENTIAL GOVERNANCE INVESTMENT CAPACITY RESULT STRUCTURE Liquidity of 18.5M Revenues GAV
Slide 5: Main milestones for the period
H M Millenium H o s p i t a l i t y R e a l E s t a t e Main milestones for the period Significant improvement in the GAV of the portfolio by +27% to stand at 444.1M, due to (i) the increase in value of the company's asset portfolio, valued by independent experts (+11.9M,), (ii) the progress of th
Slide 6: Main milestones for the period
H M Millenium H o s p i t a l i t y R e a l E s t a t e Main milestones for the period At 2021 year-end, the company had cash on hand amounting to 53.5M. A capital increase of EUR 89.3M was SOLID BALANCE SHEET TO carried out in July 2021. ther is a second disbursement of EUR 160.7M pending due by
Slide 7: Consolidated Results 2021 (IFRS)
H M Millenium H o s p i t a l i t y R e a l E s t a t e Consolidated Results 2021 (IFRS) Millenium Hospitality Real Estate SOCIMI, S.A. Consolidated P&L • Revenues were 8% higher at 8.5M, 5% more than in the same period of the previous year, thanks to the improved performance of hotel (Euros) activi
Slide 8: Consolidated Results 2021 (IFRS)
H M Millenium H o s p i t a l i t y R e a l E s t a t e Consolidated Results 2021 (IFRS) Advantageous position to complete the first phase of investment and face a new stage of growth Consolidated Balance Sheet 2020 2021 EPRA NAV Total investment properties including those for disposal 352.502.592 4
Slide 9: Portfolio and pipeline overview
H M Millenium H o s p i t a l i t y R e a l E s t a t e Portfolio and pipeline overview Evolution GAV(1) portfolio Estimated date of entry into operation of the assets 2022 2023 2024 444 Category Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Keys Sqm 12% 401 Hotel Lucentum 4* x x x x x x x x x x x x 169 9790
Slide 10: Value creation in operating hotels
H M Millenium Hotels Real Estate Value creation in operating hotels GAV/Acquisition Cost operating hotels +11.38% High revaluation of operating assets in relation to their acquisition cost (+11.38%) despite the pandemic. The situation of uncertainty brought about by COVID continues to hit valuat
Slide 11: Portfolio overview
H M Millenium H o s p i t a l i t y R e a l E s t a t e Portfolio overview Portfolio assets GAV(1) : 31 M GAV(1) : 49.4 M GAV(1) : 45.8 M GAV(1) : 45.5 M GAV(1) : 7.5 M GAV(1) : 116.1M GAV(1) : 3.3 M GAV(1) : 11.4M GAV(1) : 37.83M GAV(1) : 53.27 M Alicante Bilbao Seville Bilbao Seville Madrid Cordob
Slide 12: Market environment
H M Millenium H o s p i t a l i t y R e a l E s t a t e Market environment. Numbers reflect the growing strength of the 5* urban sector where Millenium focuses its strategy In 2021 close to 1,200 million euros were destined to construction or reform, During 2021, investment in the hotel sector (cons
Slide 13: Next Goals
H M Millenium H o s p i t a l i t y R e a l E s t a t e Next Goals Continue with the plan to reposition and put into operation the assets in the portfolio. Acquisition of new assets to supplement the current portfolio, both in operation and in repositioning, that comply with the Company's strate
Slide 14: Annexes
H M Annexes Millenium H o s p i t a l i t y R e a l E s t a t e 20 14
Slide 15: Consolidated Balance Sheet
H M Millenium H o s p i t a l i t y R e a l E s t a t e EQUITY & LIABILITIES 31-dic-21 31-dic-20 EQUITY 372.160.949 274.091.958 Equity 372.419.934 274.534.309 Adjustments for changes in value (258.985) (442.351) NON CURRENT LIABILITIES 113.634.618 94.054.143 Borrowings 111.120.324 88.345.421 Bank Bo
Slide 16: Inside information and other relevant information in the period
H M Millenium H o s p i t a l i t y R e a l E s t a t e Inside information and other relevant information in the period 7 January 2021: Communication regarding significant shareholdings 17 March 2021: 2020 results 17 March 2021: information on valuation of assets as at 31 December 2020 7 Jun
Slide 17: Contact
H M Millenium H o s p i t a l i t y R e a l E s t a t e Contact María Pardo Director of Investor Relations and Corporate Communications Email: mariapardo@mhre.es Paseo de la Castellana 102 28046 Madrid Phone: 91 185 17 10 www.mhre.es
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