Genova Property Group Ab · OMXSTO:GPG
Genova Property Group Ab — Q3 2023 Earnings Presentation
12 slides from Genova Property Group Ab's earnings presentation, 2023
Slide 1: Company Presentation Q3 2023
GENOVA Company Presentation Q3 2023 GENOVA PROPERTY GROUP COMPANY PRESENTATION @3 2023
Slide 2: Genova in brief
Genova in brief Genova’s mission is to combine stable cash flows from the investment property portfolio with cost-efficient project development of mainly rental apartments and community service properties for our own long-term management Genova is a personal property company that owns, manages and d
Slide 3: Genova's business model
Genova’s business model Property management Knivsta ra 1392 Property management ( = (rs Tuthagen 13:2 Construction Viby 19:3 Handelsmannen | 2 Wl Sustainable value creation Property development Hunnerup 1 Sustainable development Property AeA) |” aquisitions Veddesta 1:29 Building rights development
Slide 4: Operational update
Operational update Financing + Bond loan with ISIN $E0013222593 (senior unsecured bonds 2019/2023) and a final maturity date of 30 September 2023 was fully repaid. The total remaining amount that was redeemed amounted to SEK 410m after Genova cancelled its previously repurchased bonds of SEK 115m in
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Slide 6: Financial and operational targets
Financial and operational targets @ Genova’s overall objective is to create value for the company’s shareholders. Value creation is measured over a business cycle as growth in both long-term net asset value and income from property management per ordinary share Long termn Achieve an average annual g
Slide 7: Green financing
Green financing - The share of green 100% finance for new , « “ ° construction and Green hybrid bondg 78% 63% . P Green bank 74% 66% investment properties loans cer: isto be 85% by the end 43% ° of 2023 25% Green bonds O% 27% 2021 2022 2023 Q3 mmmGreenfinance mmm New construction Otherfinance —e=Tar
Slide 8: Financial development
Financial development Jan-Sep! — JanSep Okt 2022---—Jan-Dec @ Balance sheet kK 1 20234 2022 2022 — ee a ee Vlnvaressuandepouingonerns Lge, 9g eas gg HvesieTirperig 7581 Tras Bisa Net operating income T 2807) 2061 952.4 2778 evelopment properties } 249.) \ Central administration, property management
Slide 9: 4,533 4,596 3,666 7,382 7,947 2,648 5,996 1,726 4,137 3,423 1,135 1,007 2,039 1,594
4,533 4,596 3,666 7,382 7,947 2,648 5,996 1,726 4,137 3,423 1,135 1,007 2,039 1,594
Slide 10: Financial development
Financial development Financing in brief Interest-bearing debt SEK 6,916m) @ Interest rate term? Average interest rate?) (3m STIBOR floating) 6.0% Average duration (loans) 2.3 years Available liquidity, including undrawn construction credits SEK 1,303 5,000 10.00% 4000 800% 708% 3,000 600% fs Yi 486
Slide 11: Investment properties
Investment properties it property portfolio Properties Lettablearea value Rentalvalue Contract Property Net operating income No.of Sqm SEK sqm SEKm SEK Per propertycategory! ‘Commercial properties 52 202.0 3.530 17481 263 7300 902 237 “67 “3 170 eas Community service properties? 30 165.1 4,425 26,80
Slide 12: Project development
Project development J iisiisissin Ongoing construction @ Lettablearea, sqm Property value! Rental value Investment, SEKm Book value Project Municipality Cathegory Construction Scheduled completion No.ofunits Residential Premises SEKm SEKsqm SEKm SEK/sqn Estimated Accumulated SEKm Handelsmannent __No
Genova Property Group — Q3 2023 Earnings Presentation on 6ix