Vonovia Se · XETR:VNA
Vonovia — Investor Day (2016)
28 slides from Vonovia's investor day presentation, 2016
Slide 1: Make Room for Innovation
VONOVIA Make Room for Innovation
Slide 2: Neighborhood development – Elting district
Neighborhood development Elting district Arnd Fittkau Managing Director Vonovia West
Slide 3: Agenda
Agenda Introducing Vonovia West Project “Elting District” – Blueprint for Neighborhood Development Property Tour Vonovia – Capital Markets Day 3
Slide 4: Regional Structure in Germany
Regional Structure in Germany Vonovia – Capital Markets Day 4
Slide 5: Vonovia West 8.7m inhabitants
Vonovia West 50 8.7m cities inhabitants Vonovia – Capital Markets Day 5
Slide 6: Vonovia West Structure
Vonovia West Structure 79,400 West units Central Functions Support Ruhrgebiet- Herne/ Münsterland/ Ost/ Bochum Dortmund Gelsenkirchen Essen1) Duisburg RE Ostwestfalen Sauerland 6.695 6.540 6.146 9.626 8.811 9.025 13.054 19.441 Vonovia – Capital Markets Day 1) BU Essen incl. Mühlheim, Oberhausen 6
Slide 7: Structure Business Unit Example: Essen
Structure Business Unit Example: Essen Essen Regional Manager Interface to Central Customer Service Property Facility Neighborhood Rental Agents Technicians Managers Managers Development 5 local letting offices Vonovia – Capital Markets Day 7
Slide 8: 12,400 units in Essen – an important Business Unit
12,400 units in Essen – an important Business Unit Vonovia – Capital Markets Day 8
Slide 9: 12,400 units in Essen
12,400 units in Essen 4 % Market Net Rent (€/qm) Vonovia Vacancy Rate (%) Vonovia share Vonovia 5.62 6.6 6.3 5.38 5.8 5.22 5.26 5.3 4.5 5.07 5.13 3.5 Allbau: 5.2% 2011 2012 2013 2014 2015 2016e 2011 2012 2013 2014 2015 2016e Communal Company Vonovia – Capital Markets Day 9
Slide 10: Agenda
Agenda Introducing Vonovia West Project “Elting District” – Blueprint for Neighborhood Development Property Tour Vonovia – Capital Markets Day 10
Slide 11: Neighborhood Development Why?
Neighborhood Development Why? Screening of High potential to Blueprint for Establish Vonovia underdeveloped change image of neighborhood as strong urban districts neighborhood development, communal with potential and increase Vonovia wide partner for value of assets competence improvement Vonovia –
Slide 12: Neighborhood Development Main Topics
Neighborhood Development Main Topics Conflicting stakeholder interests Public interest-groups and cooperation with city and municipality Active impact on urban development Improvement of existing infrastructure Strenghtening local retail supply Customer mix today and tomorrow: target-group developme
Slide 13: Vonovia potentials all over Germany
Neighborhood Development Vonovia potentials all over Germany Bremen Hamburg Lüssumer Heide 223 Steilshoop 2,118 Holsteiner Str. 40 Berlin Bielefeld Afrikanisches Viertel 432 Sennestadt 280 Künstlerkolonie 820 Tegel, Ziekow Str. 1,410 Castrop-Rauxel Lettekiez 100 Deininghausen 441 Dortmund Braunschwe
Slide 14: Essen Elting District
Essen Elting District University District 8,200 inhabitants “Grüne Mitte” 4,600 Kastanienhöfe households City Centre 1,400 Vonovia units Vonovia – Capital Markets Day 14
Slide 15: Elting District Impressions
Elting District Impressions Vonovia – Capital Markets Day 15
Slide 16: Phase 1 Start in 2014
Phase 1 Start in 2014 Concept Implementation Early involvement and discussion Cooperation with Essen City Authorities and with Essen City Authorities other partners Urban development concept including Implementation „project table“, local infrastructure and district public areas networks, project te
Slide 17: Phase 1 Vision from Architect
Phase 1 Vision from Architect Berne Victoria Mathias Main settlements Vonovia Vonovia – Capital Markets Day 17
Slide 18: Phase 1 Refurbishment Concept Vonovia “Elting Standard”
Phase 1 Refurbishment Concept Vonovia “Elting Standard” Balconies Central heating system Windows Entrances Stairways Victoria settlement Cellar ceiling and roof insulation Facades Green spaces and Vonovia courtyard Vacant flat modernization Vonovia – Capital Markets Day 18
Slide 19: Phase 1 Important Module: Forming of the Green Spaces
Phase 1 Important Module: Forming of the Green Spaces Our Vision Renewal of the inner courtyards in addition to the upscale refurbishment and forming livable green spaces to attract new groups of customers Drafts: Scape (Düsseldorf) Vonovia – Capital Markets Day 19
Slide 20: Phase 2 From Concept to Implementation in 2015
Phase 2 From Concept to Implementation in 2015 Discussion results and implementation concepts with Essen city authorities Handed over the urban development concept to the city of Essen LOI for common neighborhood development is signed (City of Essen, ICM, Steag and Vonovia) Establish process of neig
Slide 21: Phase 2 First Construction Stage
Phase 2 First Construction Stage Start with Victoriahof in 2015 (178 flats) Involving tenants within several tenant assemblies and information workshops Participation at the federal state initiative „Starterquartier Ruhrgebiet- energetische Sanierung plus“ Use of public subsidies in the amount of 30
Slide 22: Phase 2 Impressions
Phase 2 Impressions Vonovia – Capital Markets Day 22
Slide 23: TGS & Vonovia Residential Environment: Insourcing to reduce Construction Costs
TGS & Vonovia Residential Environment Insourcing to reduce Construction Costs High efficiency through own TGS construction-team at construction site Insourcing refurbishment and flat maintenance Insourcing services for residential environment to revitalize and modernize courtyards Vonovia – Capital
Slide 24: Internal Businessplan – Victoriahof
Internal Businessplan – Victoriahof -1st construction Phase- (actual numbers after finishing the first 2015 2018 2018 2020 2020 Key Value Drivers 123 units of 176 units) Starting Plan vs. Opport. vs. (EUR/sqm per month) 2015 2015 New letting rent 4.55 7.50 8.50 KPI‘s Vacancy rate 12% 2.0% 1.0% Fluct
Slide 25: Phase 2 Timeline Eltingviertel
Phase 2 Timeline Eltingviertel I II III Victoriahof (176 WE) Bernehof (105 WE) Mathiashof (130 WE) Refurbishment „Elting Standard“ Teardown and Reconstruction Refurbishment of vacant apartments, partly including ground plan changes Landscape architecture 2015-2017 2016-2019 2017-2019 Neighborhood De
Slide 26: VIDEO
VIDEO Vonovia – Capital Markets Day 26
Slide 27: Agenda
Agenda Introducing Vonovia West Project “Elting District” – Blueprint for Neighborhood Development Property Tour Vonovia – Capital Markets Day 27
Slide 28: Disclaimer
Disclaimer This presentation has been specifically prepared by Vonovia SE and/or its affiliates (together, “Vonovia”) for internal use. Consequently, it may not be sufficient or appropriate for the purpose for which a third party might use it. This presentation has been provided for information purp