Slide 1: Business update – H1 2018 land acquisitions and 2018-2020 deliveries visibility
Hacienda del Rosario. Seville. Business update – H1 2018 land acquisitions and 2018-2020 deliveries visibility July 2018 1 2018 CORPORATE PRESENTATION
Slide 2: Disclaimer
Disclaimer This document has been prepared by Aedas Homes, S.A. (the “Company”) and comprises slides for a presentation to the market of the investment activity and a business update of the Company and its subsidiaries (the “Group”) during the six month-period ended on 30th of June 2018. For the pur
Slide 3: Land acquisitions in H1 2018
Land acquisitions in H1 2018 Acquisition in H1 2018 / Total figures 100% Fully permitted land acquired in H1 2018 % Units 182% Ready 1,9051 2018 Investment €96.6 Total land to Build Fully Permitted Land Units Target already Mn investment cost overachieved 35% 65% Avg. Cost per unit €81.1Mn €15.5Mn €
Slide 4: Land Acquisitions in H1 2018 - Map
Land Acquisitions in H1 2018 - Map 16 bilateral deals sealed up to 1,905 housing units and Capacity of AEDAS’s team to identify, negotiate and €96.6 Mn that met our strict investment criteria close off-market accretive opportunities H1 2018 Acquisitions Map H1 2018 Acquisitions Breakdown by Regional
Slide 5: Deliveries visibility 2018-2020
Deliveries visibility 2018-2020
Slide 6: 2018 Expected Deliveries
Total housing units 222 2018 Expected Deliveries Completed 100% Sold2 84% Occupational Project1 Regional Office Municipality # Units Construction Status Sold2 Delivered License Brisas del Arenal East & Mallorca Jávea 64 Completed Granted 48 19 Galera Sun Costa del Sol Estepona 323 Completed Granted
Slide 7: 2019 Expected Deliveries
Total housing units 1,071 2019 Expected Deliveries Under construction 100% Sold2 68% Current expected Project1 Regional Office Municipality # Housing Units Construction Progress Sold2 deliveries Altos de la Reserva Boadilla del Monte 11 7 H2 Terraza Los Fresnos Boadilla del Monte 30 30 H1 Altos de L
Slide 8: 2020 Expected Deliveries
Total housing units 2,008 License granted 16% 2020 Expected Deliveries Under construction 11% License requested 80% Sold2 26% License to be requested 4% Project1 Regional Office Municipality # Units Construction License Status Sold2 Zagaleta 2 Costa del Sol Benahavis 1 Granted Construction 0 Cabot C
Slide 9: 2020 Expected Deliveries
Total housing units 2,008 License granted 16% 2020 Expected Deliveries Under construction 11% License requested 80% Sold2 26% License to be requested 4% Project1 Regional Office Municipality # Units Construction License Status Sold2 Armstrong Cisneo (F1&F2) Andalucía Sevilla 120 Requested Marketing
Slide 10: Closing Remarks
Closing Remarks ✓ Proven outstanding sourcing capabilities: 1. 182% of 2018 investment target overachieved 2. 16 bilateral deals sealed up to 1,905 housing units in H1 2018 3. C.100Mn invested since IPO (october 2017) 01 Competitive advantage in land sourcing ✓ +4 years visibility in the business pl
Slide 11: Appendix 1: H1 2018 land acquisitions
Appendix 1: H1 2018 land acquisitions
Slide 12: Land acquisitions track record
Land acquisitions track record 100% Fully Permitted Land1 // Where 90% Ready to Build2 Land Acquisitions3 Timeline (# of potential units) 15.699 # Units 4.945 4.497 3.172 1.905 1.180 2014 2015 2016 2017 H1 2018 Accumulated 1. Land suitable for development where, at a minimum, the most specific land
Slide 13: Land acquisitions breakdown in H1 2018
Land acquisitions1 breakdown in H1 2018 H1 2018 Acquisitions Detail Total Land Expected Capex to Total Land Acquisition Cost Potential Housing Acquisition Cost Acquisition Cost Investment per Regional Office Municipality reach Ready to Investment per unit per Buildable Sqm Units (#) (€Mn) per unit (
Slide 14: Appendix 2: Business Plan 2017-2023: Confirming Guidance
Appendix 2: Business Plan 2017-2023: Confirming Guidance
Slide 15: Business Plan 2017-2023: Confirming Guidance
Business Plan 2017-2023: Confirming Guidance Sustainable Housing Development Plan (IPO Business Plan) # Units Target Launches Target Deliveries Launch Delivery Run Rate Run Rate 3.326 3.000 3.000 3.000 3.063 3.000 1,773 Units 2.580 launched in 2017 2.438 2.042 1.986 1.748 1.055 231 0 2017 2018 2019
Slide 16: FY 2017 Results
Villas Arco Norte. Dos Hermanas. 16 FY 2017 RESULTS