Unibail-Rodamco-Westfield SE · EURONEXT:URW
Unibail-Rodamco-Westfield — Unibail-Rodamco — Investor Day (May 2016)
30 slides from Unibail-Rodamco-Westfield's investor day presentation, May 12, 2016
Slide 1: Convention & Exhibition - 2016 Investor Days
Convention & Exhibition - Michel Dessolain, Managing Director 2016 INVESTOR DAYS
Slide 2: Disclaimer
DISCLAIMER Unibail-Rodamco S.E., a Société Européenne à Directoire et Conseil de Surveillance incorporated under French law, is a listed closed end property investment company. Unibail-Rodamco is registered with the French Authority of Financial Markets (AMF). The value of your investment may fluctu
Slide 3: An Exceptional Footprint in Paris
AN EXCEPTIONAL FOOTPRINT IN PARIS Palais des Congrès de Paris
Slide 4: Exceptional venues throughout the Greater Paris area
10 EXCEPTIONAL VENUES THROUGHOUT THE GREATER PARIS AREA 10 venues totaling 617,000 m² The largest offer in Europe 10 Mn visitors per year 800 events 2
Slide 5: A collection of venues for various event sizes
A COLLECTION OF VENUES FOR VARIOUS EVENTS SIZES Large indoor space for exhibitions Largest 7th largest inner-city venue exhibition space in the world in the world 250,000 m² Exterior space 246,000 m² 221,000 m² Interior space 80,000 m² Paris Paris expo Paris Nord Le Bourget Porte de Versailles Ville
Slide 6: Paris, the most attractive destination for events
PARIS, THE MOST ATTRACTIVE DESTINATION FOR EVENTS Number of large scale congresses in 2014 PARIS VIENNA MADRID BERLIN 214 202 200 193 60% market share Source: International Congress and Convention Association (ICCA) 4
Slide 7: Events: a major contributor to the Parisian economy
EVENTS: A MAJOR CONTRIBUTOR TO THE PARISIAN ECONOMY €17.5 Bn €5.1 Bn Turnover generated Direct and indirect Matthias Fekl by businesses economic benefits Minister of State in charge of Foreign Trade, at salons and trade shows of business travel the Promotion of Tourism and French Nationals Abroad in
Slide 8: Viparis: an organisation tailored to be the leader in events
VIPARIS: AN ORGANISATION TAILORED TO BE THE LEADER IN EVENTS Palais des Congrès de Paris
Slide 9: A complementary mix of venues to host a large variety of events
A COMPLEMENTARY MIX OF VENUES TO HOST A LARGE VARIETY OF EVENTS Corporate Congresses Exhibitions events Live shows Paris expo Porte de Versailles Paris Nord Villepinte Palais des Congrès de Paris Carrousel du Louvre Paris Le Bourget Espace Champerret Espace Grande Arche Palais des Congrès d’Issy Pal
Slide 10: A predictable calendar of events ensuring recurring revenues
A PREDICTABLE CALENDAR OF EVENTS ENSURING RECURRING REVENUES A predictable calendar of events 2012 2013 2014 2015 2016 2017 2018 Who’s Next x2 x2 x2 x2 x2 x2 x2 Foire de Paris International Air Show 50th anniversary of the SIAL trade show Motor Show SIAL 92% of activity guaranteed in June n-1 87% of
Slide 11: Continuously attracting landmark events
CONTINUOUSLY ATTRACTING LANDMARK EVENTS Future Paris Convention Centre Paris Nord Villepinte Le Bourget at Porte de Versailles 30,000 participants 117,000 attendees 8,000 and 11,000 participants European Society EASL and ISMRM(1) COP21 World’s fair ? of Cardiology Congress Congresses 1988 2011 2014
Slide 12: Ambitions for the future
AMBITIONS FOR THE FUTURE Paris expo Porte de Versailles – Future project
Slide 13: New challenges ahead
NEW CHALLENGES AHEAD Growth of the average size of exhibition booth, in the Greater Paris (in m²) The exhibition market is a mature market Série 1 30.0 30.0 29.0 29.0 29.0 Paris appeal challenged: 28.0 Economic situation 27.0 27.0 27.0 Terrorist attacks 26.0 25.2 25.2 24.7 23.4 23.6 New congress ven
Slide 14: Focus on congress: a strong track record as world leader
FOCUS ON CONGRESS: A STRONG TRACK RECORD AS WORLD LEADER 1st Worldwide for congresses But mostly on medium-size congresses (up to 10,000 PAX) due to limited seating capacity A dedicated venue for Congresses: Mixed-use facilities: Palais des Congrès de Paris – Porte Maillot: Paris Nord Villepinte hos
Slide 15: A new ambition: a leading position in world-class congresses
A NEW AMBITION: A LEADING POSITION IN WORLD-CLASS CONGRESSES (7-30,000 PAX) New commercial organization being implemented By industry Focus on medical (80%) The future largest conference centre in Europe at Porte de Versailles A 72,000 m² structure, including a main conference room (up to 5,200 seat
Slide 16: Know our visitors better
KNOW OUR VISITORS BETTER 7.5 Mn visits per year in Porte de Versailles, of which 6 Mn unique visitors 10% of the French population 2.5 times more than Les 4 Temps, the largest shopping centre in Europe An increased connection with visitors through social networks Viparis.com: 2 Mn visitors Viparis o
Slide 17: Customer experience
CUSTOMER EXPERIENCE Visitor Prepare Arrive Enter for the visit at the venue the event 1 2 3 Eat/ Snack Take a Experience break the event 6 5 4 Leave Assess the event the venue Share my impressions 7 8 15
Slide 18: Business case: Porte de Versailles
BUSINESS CASE: PORTE DE VERSAILLES Porte de Versailles, Paris
Slide 19: Porte de Versailles today
PORTE DE VERSAILLES TODAY Multi-functional product No longer meets future needs 7.5 Mn visitors per year (Eiffel Tower: 7Mn) Need a bigger convention center for larger congresses 35-hectare complex (largest inner-city exhibition venue in the world) 200 events per year 1st European complex for large-
Slide 20: A €500 Mn transformation project
A €500 Mn TRANSFORMATION PROJECT €500 Mn(1) 5 world-renowned architects Including two Pritzker prize winners 10-Y Paris Convention Centre the largest conference project center in Europe started in 2015 without (5,200 seats) interrupting day-to-day operations 7 exhibition pavilions with 216,000 m² of
Slide 21: Creating a place to live
CREATING A PLACE TO LIVE Creating a permanent World’s fair Introducing a new food offer Opening the spot to the neighbors Meeting point for Parisians, neighbors, visitors, tourists and congress participants Guy Martin new Restaurant Urban Farming project on new Pavilion 6 rooftop : “L’Exposition” in
Slide 22: The largest construction works in Paris
THE LARGEST CONSTRUCTION WORKS IN PARIS #PHASE 1 #PHASE 2 #PHASE 3 2015-2017 2018-2020 2021-2024 20
Slide 23: First phase of the project
FIRST PHASE OF THE PROJECT Phase 1 of Modernization: a new welcoming plaza, with restaurants and shops opening end of 2016 21
Slide 24: First phase of the project
FIRST PHASE OF THE PROJECT Pavilion 7 before works Pavilion 7 renovated Phase 1 of Modernization: Paris Convention Center Opening beginning of 2017 22
Slide 25: First phase of the project
FIRST PHASE OF THE PROJECT Opening of roof structure, Paris Convention Center New Paris Convention center plenary room Phase 1 of Modernization: Paris Convention Center Opening beginning of 2017 23
Slide 26: From an exhibition venue...
FROM AN EXHIBITION VENUE… Signature of 1st Mama Shelter hotel in Western Paris with one of the largest rooftops in the city Direct access to Paris expo Porte de Versailles Opening H1 2019 Mama Shelter Hotel 24
Slide 27: ... to one of the most attractive places in Paris
… TO ONE OF THE MOST ATTRACTIVE PLACES IN PARIS Mama Shelter Porte de Versailles Rooftop 25
Slide 28: Sustainability: a best in class approach
SUSTAINABILITY: A BEST IN CLASS APPROACH 52,000 m² of green roofs (the largest in France) 20,000 m² of biotopical gardens Effinergie, HQE, and BREEAM labelling 26
Slide 29: Convention & Exhibition: strong performance
CONVENTION & EXHIBITION: STRONG PERFORMANCE Growth Growth in € Mn FY-2015 FY-2014 2015/2014 FY-2013 2015/2013 Net Rental Income 105 100 +5.1% 96 +10.3% On site property services 52 50 +3.5% 40 +30.4% + share of the profit of associates Recurring Net Operating Income 157 150 +4.6% 135 +16.2% Valuatio
Slide 30: www.unibail-rodamco.com
unibail-rodamco www.unibail-rodamco.com