Ackermans & Van Haaren Nv · EURONEXT:ACKB
Ackermans & Van Haaren Nv — Investor Presentation (July 2012)
6 slides from Ackermans & Van Haaren Nv's investor presentation, July 2012
Slide 1: Extensa Group: conso balance sheet
Extensa Group: conso balance sheet (Extensa – LRE combined) (AvH 100%) Consolidated balance sheet (in € mio) 31/12/11 31/12/10 31/12/11 31/12/10 RE investments & Leasings 43.4 50.9 Net equity 109.8 110.9 Tour &Taxis (50%): FV yield of 7.0% 23.3 21.0 Other assets (a.o Wegener -Halliburton) 20.1 21.9
Slide 2: Extensa: land development
Extensa: land development Book value per 31/12/2011: € 15.5 mio De Lange Velden (Wondelgem) • 90,990 m² of saleable land; 171,900 m² total area • Phases 1 and 2 completely sold • Permit for phase 3 (22 parcels) expected mid 2012 De Lange Velden De Nieuwe Heide (Kuringen-Hasselt) • 26,110 m² of salea
Slide 3: Extensa: residential project development (1/3)
Extensa: residential project development (1/3) Book value per 31/12/2011: € 66.4mio Cederpark (Hasselt Runkst) • 125 houses and 165 apartments • First phase sold for 40%. Phases 1A and 1B: 80% delivered, 1C: 28% De Munt (Roeselare) • 143 apartments, 8,634 m³ retail and 471 parking places • First ret
Slide 4: Extensa: project development (2/3)
Extensa: project development (2/3) Brussels, Tour & Taxis (50%): 30 ha – 370,000 m² • Royal Depot 44,880 m² (32,053 m² offices, 5,383 m² archives, 6.277 m² retail: fully let) • The Warehouses: trade fair and exhibition center: 17,275 m² Royal Depot/Warehouses valued at implicit yield of 7%/7.5% (€ 1
Slide 5: Extensa: project development (3/3)
Extensa: project development (3/3) G.D. Luxembourg, Cloche d’Or (50%): 20 ha – 400,000 m² • Development potential of 400,000 m² • Master plan approved, PAP obtained 3Q10, infrastructure approved 3Q11 • Phase I (300 residential units, 40,000 m² offices and 60,000 m² retail & leisure) under developmen
Slide 6: Extensa: project development – new markets
Extensa: project development New markets • Turkey, Istanbul - 100% • 200 apartment building in central Istanbul (Bomonti) delivered in 3Q11. • Studio building (# 114) permit obtained, adjacent to apartments: foundation works started Bomonti •Romania, partnership in retail parks • 2008: Focsani (20%)
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