Shopper Park Plus Nyrt. · BET:SPPC
Shopper Park Plus Nyrt — Investor Presentation (August 2025)
43 slides from Shopper Park Plus Nyrt's investor presentation, August 2025
Slide 1: Investor Presentation August 2025
Investor Presentation August 2025
Slide 2: Disclaimer
Disclaimer IMPORTANT: The following applies to this document, which has been prepared by Shopper Park Plus Nyrt. (the "Company" and together with its consolidated subsidiaries, the "Group") solely for discussion purposes in relation to the Group, to the oral presentation of the information in this d
Slide 3: Disclaimer
Disclaimer The Information contains forward-looking statements that reflect the Company's current views about future events. The words "will", "target", "aim", "anticipate", "assume", "believe", "estimate", "expect", "intend", "may", "can", "could", "plan", "project", "should", "plan" and similar ex
Slide 4: Presenting Team
Presenting Team Kristóf Bárány - Chairman Gellért Gaál - Investment Manager • Kristóf is a real estate investment and venture capital professional with over • Gellért is a finance and real estate investment professional with over 10 years 20 years of experience across CEE of experience across CEE •
Slide 5: Shopper Park Plus at a Glance
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Shopper Park Plus at a Glance The Portfolio • Countries where SPP is active ▪ The initial assets (CZ + HU) were acquired in June 2022 ▪ The Slo
Slide 6: Historical Milestones
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Historical Milestones Acquisition of 14 shopping centers in Hungary from Company goes public as first ever TESCO Global. EUR-based share issuan
Slide 7: Key Investment Highlights
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Key Investment Highlights 1 One of the leading food-anchored real estate players in CEE with a portfolio of 396 k sqm GLA with significant mark
Slide 8: Attractive CEE Retail Market
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Attractive CEE Retail Market High-Level Descriptive Statistics of Retail Parks in the Region • <inhalt> Czech Republic Slovakia Hungary Poland
Slide 9: Strong Economic Fundamentals that support Expansion
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Strong Economic Fundamentals that support Expansion There is still a sizeable Gap in GDP per capita between Western EU and the CEE (1) ..but th
Slide 10: Portfolio Big Picture
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Portfolio Big Picture • Countries where SPP is active The Portfolio • Targeted expansion ▪ The initial assets (CZ + HU) were acquired in June 2
Slide 11: Diversified Tenant Split anchored by Supermarkets
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Diversified Tenant Split anchored by Supermarkets Tenant Structure by Sector (by GLA) Top Tenants by monthly Rental Income Rental Agreement Ove
Slide 12: Overview of Properties in the Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Overview of Properties in the Portfolio Hungary Czech Republic Slovakia Bratislava 2x Prague Budapest 2x 2x 14 4 4 Occupancy 94% assets Occupan
Slide 13: Selection of Properties – Hungarian Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Selection of Properties – Shopper Park Plus Hungarian Portfolio Budaörs Debrecen Extra GLA Occupancy Annual Annual NOI WAULT GLA Occupancy Annu
Slide 14: Selection of Properties – Czech Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Selection of Properties – Shopper Park Plus Czech Portfolio OC Galerie Ostrava OC Fontána Karlovy Vary GLA Occupancy Annual Annual NOI WAULT GL
Slide 15: Recent Acquisition of the Slovakian Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Recent Acquisition of the Slovakian Portfolio Case Study: Slovakia • Acquisition: Exchange of contracts took place in December 2024 with transa
Slide 16: Strengthened Capital Base post SPO allows for selective Expansion
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Strengthened Capital Base post SPO allows for selective Expansion 1 2 Existing Markets Expansion Markets • Established a strong presence captur
Slide 17: Unlock hidden Potential in the existing Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance 1 Unlock hidden Potential in the existing Portfolio Active Asset Management for Value Maximalization of all Assets Strategy for optimal Tenant
Slide 18: Value-accretive Expansion to new Markets
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance 2 Value-accretive Expansion to new Markets Identified Acquisition Pipeline Sourcing Strategy Number of GLA Expected Expected Country GAV ✓ Sinc
Slide 19: Financial Highlights
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Financial Highlights € 7.0 m € 6.0 m € 12.6 m € 24.2 m +18% YoY +20% YoY +171% YoY Rental Income Net Operating Income Profit before Tax FY24 Re
Slide 20: Consolidated P&L
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Consolidated P&L Prepared according to IFRS, EURmn 2023 2024 Q1 2024 Q1 2025 Δ YoY (%) Key Points A Rental Income 22.2 24.2 6.0 7.0 17.6% A The
Slide 21: The Business Case for increasing FFO
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance The Business Case for increasing FFO Leakage: (Net Service Income / Gross Rental Income) Quarterly Net Operating Income 0% 6,5 6,0 6,0 6,0 5,6
Slide 22: Consolidated Balance Sheet
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Consolidated Balance Sheet Prepared according to IFRS, EURm 2023 2024 Q1 2024 Q1 2025 Δ YoY Key Points Non-current assets 288.6 309.6 292.2 405
Slide 23: Management Financial Guidance for existing Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Management Financial Guidance for existing Portfolio The current Outlook and Guidance provided below can be subject to unforeseeable events tha
Slide 24: ESG Strategy
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance ESG Strategy Focusing on lifetime Utilizing first mover Sustainable Using technology CO2 emissions advantage infrastructure to reduce energy co
Slide 25: Overview of Shareholder Structure
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Overview of Shareholder Structure Shareholder Structure ▪ Adventum controls Penta CEE Holding and Penta Co-Investment and owns around 56.6% of
Slide 26: Appendix
Appendix PARK 26
Slide 27: Key Operative Metrics
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Key Operative Metrics Gross Lettable Area (k sqm) Key Points • With the acquisition of the legacy portfolio (HU + CZ), SPP has already managed
Slide 28: Selection of Properties – Hungarian Portfolio cont’d
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Selection of Properties - Shopper Park Plus Hungarian Portfolio cont’d Pécs Váci út Budapest GLA Occupancy Annual Annual NOI WAULT GLA Occupanc
Slide 29: Shopper Park Plus Slovakia Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Shopper Park Plus Slovakia Portfolio Dunajská Streda Žilina Planned Annual NOI WAULT incl. Planned Annual NOI WAULT incl. GLA Occupancy GLA Occ
Slide 30: Shopper Park Plus Slovakia Portfolio cont’d
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Shopper Park Plus Slovakia Portfolio cont’d Nitra Trnava Planned Annual NOI WAULT incl. Planned Annual NOI WAULT incl. GLA Occupancy GLA Occupa
Slide 31: Proven Track Record to source attractive Deals
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Proven Track Record to source attractive Deals Retail Park Transactions in the Region between 2021 - 2023 4.000 4.000 median; 50 precentile 3.5
Slide 32: Segment Split
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Segment Split Segments 2024 2023 2024 Q1 2024 Q1 2025 Δ YoY Key Points A Rental Income 22.2 24.2 6.0 7.0 17.6% A• YoY Gross Rental Income growt
Slide 33: Net Service Income, Leakage & Operating Expenses
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Net Service Income, Leakage* & Operating Expenses Net Service Income Bridge (€MN) Leakage* FY 2023 FY 2024 Q1 2024 Q1 2025 26,0 (28.9) -9,2% 10
Slide 34: Consolidated Cash Flow
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Consolidated Cash Flow Prepared according to IFRS, EURmn 2023 2024 Q1 2024 Q1 2025 Δ YoY Key Points Profit before Tax 12.8 24.0 4.7 8.4 81% A R
Slide 35: Capital Structure - SPP aims to maintain an LTV of 50–60%
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Capital Structure - SPP aims to maintain an LTV of 50 – 60% Key Capital Structure Considerations ▪ The Issuer aims to maintain a loan to value
Slide 36: EPRA Earnings Development
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance EPRA Earnings Development Q1 2025 EPRA Earnings Bridge EPRA Earnings per Share FY23: EUR 0.63 FY24: EUR 0.74 Reduced because of the capital rai
Slide 37: Improving Asset Quality, low Leverage, robust CF generating Capacity
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Improving Asset Quality, low Leverage, robust CF generating Capacity 2023 FY 2024 Q1 2024 Q1 2025 Δ YoY TESCO Downsize and the GLA (Gross Letta
Slide 38: Management Financial Guidance for existing Portfolio cont’d
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Management Financial Guidance for existing Portfolio cont’d The current Outlook and Guidance provided below can be subject to unforeseeable eve
Slide 39: Case Study – ESG Strategy applied to SPP´s Tesco Portfolio
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Case Study – ESG Strategy applied to SPP´s Tesco Portfolio Property Description • Tesco portfolio consists of 14 food anchored retail centres l
Slide 40: Best-in-Class Executive Team
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Best-in-Class Executive Team Board of Directors Supervisory Board Kristóf Bárány - Chairman Dr. Gergely Szúcs – member Real estate investment a
Slide 41: Overview of SPP’s Asset Management Contract with Adventum (I/II)
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Overview of SPP’s Asset Management Contract with Adventum Property Services (I/II) Contract Details Management Fee ▪ Shopper Park Plus (“SPP”)
Slide 42: Overview of SPP’s Asset Management Contract with Adventum (II/II)
Introduction to Shopper Park Plus Key Investment Highlights Market Overview Assets / Portfolio Overview Growth Strategy Financials Guidance ESG / Governance Overview of SPP’s Asset Management Contract with Adventum Property Services (II/II) Success Fee ▪ In addition to the management fee, APS is ent
Slide 43: Contact
Kristóf BÁRÁNY, CFA – Founding Partner Gellért GAÁL CONTACT Chairman of the Board of Directors kristof.barany@shopperparkplus.hu Investor Relations Manager gellert.gaal@shopperparkplus.hu
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