Vitruvio Real Estate Socimi S.a. · BME:YVIT
Vitruvio Real Estate Socimi — Investor Presentation (October 2020)
10 slides from Vitruvio Real Estate Socimi's investor presentation, October 2020
Slide 1: Vitruvio: Investing in a Spanish REIT
Vitruvio Investing in a Spanish REIT October 2020
Slide 2: Resumen
Risk Profile: Core+ Resumen Main locations Vitruvio is a conventional real estate company with EUR 172M1 in assets that takes a long-term, non- speculative and income-seeking approach. It has 427 shareholders with no controlling interests. Its portfolio of leased properties is highly diversified by
Slide 3: Growth
Market Niche Growth Changes per year in the appraised value2 in assets, in millions of €. The addition of private wealth as a natural way out of properties held in an indeterminate share, where owners do not need liquidity (or not 100%), is a 7 44 55 107 110 162 172 constant source of growth in high
Slide 4: Occupancy Analysis: COVID effects
Occupancy Analysis COVID effects 97% occupancy rate Occupancy by property type in portfolio ((at end of Q2 2020) High occupancy at 97%. Notably, the level of pre-crisis rentals has been maintained. 95% 99% 100% 100% 100% Capped at 33% by the bylaws, the level of debt is 29%, Short Term Residetcial w
Slide 5: Investment Opportunity
The Stock Investment Opportunity -20% discount vs. NAV per share Share Price vs. NAV per share (NAV calculado a 30 junio 2020 – 14,99) With the crisis, the price is EUR 12/share, at a discount of 16,0 -20% on the NAV/share, implicitly valuing and including unoccupied assets: 15,0 ▪ The residential p
Slide 6: Main assets
Portfolio > Our portfolio Main assets Sagasta 24 Fdz. de la Hoz 52 Ayala 101 Goya 5-7 Duque de Rivas 4 Madrid Madrid Madrid Madrid Madrid Property type Residencial Oficinas Residencial Comercial & Oficinas Residencial c/p Valuation (GAV) 21.321.000 € 12.776.000 € 11.321.000 € 9.746.000 € 9.600.000 €
Slide 7: Glosario
> Anexo Glosario NAV €: net asset value, i.e. Vitruvio’s equity adjusted by the valuation of an EBITDA: Earnings before interest, taxes, depreciation and amortisation. independent party. The NAV is calculated and approved by the Board of Directors of Earnings per share (EPS): profit for the year div
Slide 8: Relevant information
Relevant information All data in this document come from the quarterly close at 30 June, except for the share The implied value of the properties shown in the presentation is calculated by applying price, which is updated at the date of preparation of this presentation. the 20% discount (19.98%) at
Slide 9: Legal notice
Legal notice This document contains a presentation of the Company for informational purposes only. It does not constitute a recommendation, an offer to sell or a request for an offer to purchase any security to which reference may be made throughout the presentation, nor may it in any way be conside
Slide 10: Real Estate
REAL ESTATE
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