Concentradora Fibra Danhos Sa De Cv · BMV:DANHOS/13
Concentradora Fibra Danhos Sa De Cv — Fibra Danhos — Santander's 27th Annual Latin American Conference (January 2023)
20 slides from Concentradora Fibra Danhos Sa De Cv's conference presentation, January 2023
Slide 1: Santander's 27th Annual Latin American Conference
Fibra Danhos Santander´s 27th Annual Latin American Conference January 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Fibra Danhos (the “Trust”) for informational and discussion purposes. It does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any Certificados Bursátiles Fiduciar
Slide 3: Why Fibra Danhos?
Why Fibra Danhos? • Proven track record on Real Estate development, with sustained growth and profitability. • Premier quality assets in retail and office segments, mainly in MCMA. We strive for quality rather than quantity. • High exposure to a growing middle class and domestic consumption. • Highe
Slide 4: 8 Years in a Nutshell
8 Years in a Nutshell 2014 FY 3Q 2022 (LTM) Change (%) Properties 10 15 50% GLA (m²) 337,047 929,602 176% Occupancy (Total Property) 97.2% 85.6% -12% Revenue 1,679,062,292 5,353,068,033* 219% Net Operating Income (Exc. TAP) 1,234,097,592 3,986,693,697* 223% AFFO 1,630,058,200 3,789,217,137* 132% Tot
Slide 5: Key Financial Indicators
Key Financial Indicators Total Assets, Investment & Cash NOI & Operating Costs 80,000 9,000 7,000 27.0% 5,794 25.9% 26.0% 70,000 8,000 6,000 5,153 5,353 25.0% 7,000 4,642 4,766 60,000 4,137 5,000 23.8% 24.0% 6,000 50,000 4,000 23.0% 23.0% 5,000 3,106 40,000 22.0% 3,486 20.7% 4,000 3,000 3,088 2,279
Slide 6: Key Operating Indicators
Key Operating Indicators Occupancy by Property Type Occupancy Cost 120.0% 120.0% 12.0% 11.3% 10.8% 99.2% 95.1% 97.0% 93.3% 93.3% 93.9% 90.8% 91.8% 91.5% 100.0% 100.0% 10.0% 8.7% 8.9% 8.7% 8.4% 8.5% 96.6% 88.7% 7.8% 80.0% 85.1% 87.2% 84.5% 80.0% 8.0% 7.1% 81.0% 7.0% 74.5% 72.1% 73.4% 60.0% 60.0% 6.0%
Slide 7: Key Operating Indicators (continued)
Key Operating Indicators (continued) Lease Contract Maturities per Year Concentration by Main Tenants 90% 120.0% 100.0% 80% 89.6% 100.0% GLA Fixed Rent % GLA % RF 83.0% 70% 70.9% TOP 5 221,822 42,594,518 29% 13% 80.0% 60% 52.0% 60.0% 50% 40.0% TOP 10 337,532 85,532,546 44% 27% 40% 19.2% 32.7% 20.0%
Slide 8: Evolution of our Portfolio
Evolution of our Portfolio Increase in GLA throughout the years • We have more than tripled the GLA since our Initial Operating Portfolio (IPO) by the end of 3Q2022. • We are cautiously analyzing possible investment opportunities, timing is key. 1,200 CAGR: 15% GLA: 3.5x 1.1% 0.0% -0.1% 0.4% 1,000 1
Slide 9: Our Current Portfolio
Our Current Portfolio Retail Portfolio 1 3 4 • GLA: 19,326 m² 7 • GLA: 68,307 m² • Opening Year: 2000* • Opening Year: 2007*/2015 • Occupancy: 80.6% 1 • Occupancy: 97.8% 2 4 2 6 5 • GLA: 70,831 m² • GLA: 71,360 m² • Opening Year: 2005*/2016 • Opening Year: 2017 • Occupancy: 97.9% • Occupancy: 70.2%
Slide 10: Our Current Portfolio
Our Current Portfolio Office and Mixed Use Portfolio Parque Virreyes 8 13 15 • GLA: 7,783 m² • GLA: 237,263 m² 13 • Opening Year: 1989* 8 10 • Opening Year:2014/2016** 11 • Occupancy: 65.1% 14 12 • Occupancy: 75.9% Parque Esmeralda 9 Torre Virreyes 14 9 • GLA: 34,151 m² • GLA: 67,911 m² • Opening Ye
Slide 11: Fibra Danhos' Portfolio
Fibra Danhos’ Portfolio Asset type by GLA Retail Portfolio Office Portfolio Gross Leasable Area 659,232m² Gross Leasable Area 270,371m² Occupancy 90.0% Occupancy 73.4% NOI Margin 78.5% NOI Margin 83.4% WALT* 5 years 71% Total ARB 29% WALT* 4 years 930,000m² Retail Portfolio Office Portfolio Retail M
Slide 12: Relevant debt covenants
Financial strategy long term debt LT debt maturity profile Key take aways 4,000 • Public debt (CEBURES) program for up to Ps. 8 bn. 3,500 • Committed, unsecured green credit facility of Ps. 2 bn 290 3,000 170 • 100% unsecured and peso denominated debt. • AAA rated on local scale (Fitch México & HR R
Slide 13: Corporate Governance in line with highest standards
Corporate Governance in line with highest standards Technical Committee Audit ESG Corporate Innovation Nomination Practices Committee Committee Committee Committee Committee Technical Committee is the highest governing body and is comprised of eleven members, three of whom are independent. • Highest
Slide 14: Fibra Danhos' ESG Commitments
Fibra Danhos’ ESG Commitments Key Takeaways We are currently developing an SDG Linked 21.8% of our GLA is Leed certified. Sustainable Bond Framework. An ESG committee was created to strengthen 1,073 solar panels installed between company management and underscore the Parque Tepeyac and Parque Delta.
Slide 15: New Development: Parque Tepeyac
New Development: Parque Tepeyac Leasing Progress September 30th, 2022 June 30th, 2022 GLA (m²) % of GLA GLA (m²) % of GLA Executed Lease agreements 64,989 74.7% 54,178 55.4% Lease agreements in the process of being executed 6,133 7.0% 6,153 4.4% Letters of Intent 4,669 5.4% 8,557 10.9% Total 75,791
Slide 16: New Development: Parque Tepeyac
New Development: Parque Tepeyac • We executed a binding partnership agreement with unrelated third parties in the development of Parque Tepeyac. The participation of Fibra Danhos on this project is 50%. • For Fibra Danhos, entertainment is a core differentiator in our malls, Parque Tepeyac is no exc
Slide 17: New Development: Parque Tepeyac
New Development: Parque Tepeyac 17
Slide 18: Fibra Danhos' objectives for times to come
Fibra Danhos’ objectives for times to come • Consolidate and stabilize operation and occupancy of Parque Tepeyac. • Maximize AFFO per CBFI while maintaining a stable distribution of CBFI trend. • Continue to develop our ESG strategy, while being included in the Dow Jones Sustainability Index MILA. •
Slide 19: Annexes
Annexes DANHOSFIBRA 19
Slide 20: Fibra Danhos Portfolio
Fibra Danhos Portfolio DANHOSFIEBA Fibra Danhos Portfolio GLA % of GLA Occupancy Current Operating Portfolio Retail 1. Parque Alameda 2003 Cuauhtémoc, Ciudad de México 15,755 1.7% 91.3% 308 2. Parque Delta copansion Benito Juarez, Ciudad de México 70,831 7.6% 97.9% 2,999 3. Parque Duraznos 2000 Migu
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