Deutsche Wohnen Se · XETR:DWNI

Deutsche Wohnen — Investor Presentation (September 2012)

12 slides from Deutsche Wohnen's investor presentation, September 2012

  1. Slide 1: Company presentation

    Deutsche Wohnen AG » Company presentation September 2012 1

  2. Slide 2: Agenda

    » Agenda 1 Major highlights in H1/2012 2 BauBeCon acquisition Proven asset and portfolio management track record in connection with 3 the right strategy of focussing on metropolitan areas in Germany since 2007 4 Updated guidance 2012 and further outlook 5 Q&A 2

  3. Slide 3: Highlights H1/2012

    1 » Highlights H1/2012 Fundamental Major events growth › Acquisition of BauBeCon with 23k units for EUR 1.2bn with closing on 17 August 2012 › Additional acquisition of ~ 1,500 units in Berlin and Potsdam › Successful capital increase of ~ EUR 460m New dimension of Deutsche Wohnen › With current mar

  4. Slide 4: BauBeCon – strategic fit of Deutsche Wohnen core regions and expansion into new German Metropolitan Area

    2 » BauBeCon – strategic fit of Deutsche Wohnen core regions and expansion into new German Metropolitan Area Deutsche Wohnen incl. BauBeCon Share by Share by 31 March 2012 (1) Residential units units Fair value (2) value # % EUR m % Total core regions 65,450 89.3% 3,930 93.8% Hanover Berlin Greater

  5. Slide 5: FFO impact of the BauBeCon acquisition

    2 » FFO impact of the BauBeCon acquisition Financing structure Synergy potentials 2011 BauBeCon financials 1) after closing upon full integration 96 57 ~25 EURm EURm ~10 ~42 ~32 Net cold rent EBITDA (excl. Implied annual Estimated run-rate Overhead cost Run-rate FFO revaluations, disposals interest

  6. Slide 6: DW: Strong historical like-for-like development since Dec07

    3 » DW: Strong historical like-for-like development since Dec07 Total portfolio Letting portfolio core regions In-place rent (EUR/sqm) In-place (EUR/sqm) 6.00 € 6.00 € 5.59 € 5.67 € 5.50 € 5.41 € 5.46 € 5.32 € 5.50 € 5.37 € 5.17 € 5.21 € 5.05 € 5.08 € 5.00 € 5.00 € 4.50 € 4.50 € 4.00 € 4.00 € Dec 20

  7. Slide 7: DW Berlin: Compelling like-for-like development since Dec07

    3 » DW Berlin: Compelling like-for-like development since Dec07 Letting portfolio Greater Berlin In-place (EUR/sqm) 6.00 € 5.56 € Comprises ~ 21,000 units under management since Dec 07 5.50 € 5.31 € Avg. growth of in-place rent (3.5% p.a.) translates into: 5.20 € 5.01 € › EUR + 0.71 per sqm per mont

  8. Slide 8: DW: Increasing rent potential across our core regions

    3 » DW: Increasing rent potential across our core regions Rent potential 30/06/2012 31/12/2011 in EUR/sqm New-letting In-place Rent Rent rent 2) rent 1) potential 3) potential 3) Letting portfolio in core regions 6.98 5.71 22.2% 19.7% Greater Berlin 6.66 5.56 19.8% 17.0% Frankfurt/Main 8.88 7.19 23.

  9. Slide 9: New guidance 2012 – FFO (w/o disposals): EUR 60m-65m

    4 » New guidance 2012 – FFO (w/o disposals): EUR 60m-65m Successful H1/2012 Gross proceeds of EUR 460m from capital increase for BauBeCon transaction and two potential/promising additional mid-size portfolios Our operating performance, both in our letting- and privatisation business, clearly benefit

  10. Slide 10: Q&A

    »Q&A deutsche-wohnen.com . 10

  11. Slide 11: Disclaimer

    » Disclaimer This presentation contains forward-looking statements including assumptions, opinions and views of Deutsche Wohnen or quoted from third party sources. Various known and unknown risks, uncertainties and other factors could cause actual results, financial positions, the development or the

  12. Slide 12: Deutsche Wohnen AG contact details

    Deutsche Wohnen AG Registered Office Berlin Office Pfaffenwiese 300 Mecklenburgische Straße 57 65929 Frankfurt/ Main 14197 Berlin Phone: +49 30 897 86 551 Fax: +49 30 897 86 507 © 2012 Deutsche Wohnen AG 12

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