Castellum Ab · OMXSTO:CAST
Castellum Ab — Merger or Acquisition (November 2020)
26 slides from Castellum Ab's merger presentation, Nov 26, 2020
Slide 1: Stronger Together: Creating the Most Sustainable Nordic Property Company
Ee CASTELLUM re) entra STRONGER TOGETHER 26 NOVEMBER 2020 CREATING THE MOST SUSTAINABLE NORDIC PROPERTY COMPANY () CASTELLUM
Slide 2: Castellum invites Entra to join forces for a new era of leadership in sustainability
Castellum invites Entra to join forces for a new era of leadership in sustainability
Slide 3: Vision for Castellum + Entra to be the Nordic property leader
Vision for Castellum + Entra to be the Nordic property leader
Slide 4: Castellum's offer to Entra creates value for all shareholders
Castellum’s offer to Entra creates value for all shareholders • • • • • • •
Slide 5: Key terms of Castellum's offer to Entra shareholders
Key terms of Castellum’s offer to Entra shareholders • • • • • • • • • • • • • •
Slide 6: Entra and Castellum are natural partners to enhance scale and portfolio quality
Entra and Castellum are natural partners to enhance scale and portfolio quality in the Nordics öm Invest Oy acquisition in November 2020.
Slide 7: Operational features of the combined company
Operational features of the combined company + Office 48%
Slide 8: Operational features of the combined company
Operational features of the combined company
Slide 9: Overview of key pro forma financials
Overview of key pro forma financials
Slide 10: Strong synergies unlocked through the combination
Strong synergies unlocked through the combination • • • • • • • • • • •
Slide 11: Sustaining a conservative financial policy
Sustaining a conservative financial policy • • • • • • • •
Slide 12: Overview of existing capital structures and maturity profiles
Overview of existing capital structures and maturity profiles
Slide 13: Advances the commitment to sustainability and green initiatives
Advances the commitment to sustainability and green initiatives • • • • • • • • • • • • • • • • • • • • • • •
Slide 14: Enhanced scale to become the Nordic region champion
Enhanced scale to become the Nordic region champion
Slide 15: qu L i
qu L i
Slide 16: Nordic economies poised to become the leader in Europe
Nordic economies poised to become the leader in Europe
Slide 17: Nordic office market is set to become the strongest in Europe
Nordic office market is set to become the strongest in Europe
Slide 18: Overview of Castellum
Overview of Castellum
Slide 19: Strong focus on value creation from four perspectives
Strong focus on value creation from four perspectives 19
Slide 20: Our diversified portfolio gives us growth
Our diversified portfolio gives us growth D
Slide 21: Castellum's development portfolio Q3 2020
Castellum’s development portfolio Q3 2020 1. Hisingen logistikpark 7. Sellerin 3 13. Örnäs 1:17 Phase 2, GOTHENBURG LUND UPPLANDS-BRO New construction, logistics New construction, New construction, Investment: MSEK 337 warehouse/car dealer warehouse/logistics. Investment: MSEK 88 Investment: MSEK 20
Slide 22: High activity in our projects
High activity in our projects KUNG SPASSAG EN U P P S A L A D CAST ELLUM SÄVE G O TH E N B U R G HELIUMG ASE N MÖ L N D A L RÅDHUSET U P P S A L A
Slide 23: Castellum's agenda for the sustainable city
Castellum’s agenda for the sustainable city 23
Slide 24: Financial discipline as core objective
Financial discipline as core objective 53% 52% 50% 51% 50% 49% 49% 47% 45% 43% 43% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Q3 • 581% 502% • 454% 386% • 351% 348% 299% 278% 284% 292% 318% • 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020Q3
Slide 25: Dividend policy
Dividend policy Cash dividend evolution (1997-2019) 1 Dividend per share evolution (1997-2019)1, 2 MSEK 1776 1667 1448 1366 6.50 6.10 804 697 754 5.00 5.30 648 574 590 607 4.00 4.30 467 492 517 3.10 3.20 3.40 3.70 390 431 2.70 3.00 308 349 2.30 2.50 2.60 225 226 267 1.60 1.80 2.10 138 175 1.00 1.20
Slide 26: Share price trend and turnover since IPO May 23, 1997 until September 30, 2020
Share price trend and turnover since IPO May 23, 1997 until September 30, 2020 Total yield of the share (incl. 1 year 3 years 10 years Dividend) average/ average/ year year Castellum 0.4% 21.0% 14.4% Nasdaq Stockholm (SIX Return) 18.7% 10.7% 11.5% Real Estate Index Sweden (EPRA) -1.0% 19.0% 16.4% Re