Akis Gayrimenkul Yatirim Ortakligi A.s. · BIST:AKSGY

Akis Gayrimenkul Yatirim Ortakligi A.s — Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — H1 2020 Earnings Presentation

13 slides from Akis Gayrimenkul Yatirim Ortakligi A.s's earnings presentation, August 2020

  1. Slide 1: Akiş REIT 1H20 Performance Presentation – August 2020

    Akiş REIT 1H20 Performance Presentation – August 2020 Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 1

  2. Slide 2: Portfolio Performance, Financials' Overview, Covid-19 Measures

    Akiş REIT 1H20 Performance Presentation – August 2020 1 Portfolio Performance 2 Financials’ Overview 3 What measures have we taken against Covid–19 ? Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 2

  3. Slide 3: Portfolio Performance (Akasya Shopping Mall)

    Akiş REIT 1H20 Performance Presentation – August 2020 1 Portfolio Performance (Akasya Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 3

  4. Slide 4: Akasya Shopping Mall – General Overview

    Akiş REIT 1H20 Performance Presentation – August 2020 Akasya Shopping Mall – General Overview Akasya Shopping Mall Turnover per sqm* (YoY) Akasya Shopping Mall Revenue Breakdown Akasya was closed in April & May 2020 due to Covid - 19 - 70% 2Q16 2Q17 2Q18 2Q19 2Q20 2Q16 2Q17 2Q18 2Q19 2Q20 Rental Rev

  5. Slide 5: Akasya Shopping Mall – Financials

    Akiş REIT 1H20 Performance Presentation – August 2020 Akasya Shopping Mall – Financials Income yield Akasya Shopping Mall (TLmn) 2015 2016 2017 2018 2019 1H19 1H20 YoY Revenue 158,7 177,7 205,8 249,6 270,6 135,2 74,4 -45% EBITDA 123,8 138,5 164,2 201,9 218,2 108,7 50,8 -53% Latest Appraisal Value 1.

  6. Slide 6: Portfolio Performance (Akbatı Shopping Mall)

    Akiş REIT 1H20 Performance Presentation – August 2020 1 Portfolio Performance (Akbatı Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 6

  7. Slide 7: Akbatı Shopping Mall – General Overview

    Akiş REIT 1H20 Performance Presentation – August 2020 Akbatı Shopping Mall – General Overview Akbatı Shopping Mall Turnover per sqm* (YoY) Akbatı Shopping Mall Revenue Breakdown Akbatı was closed in April & May 2020 due to Covid - 19 - 71% 2Q16 2Q17 2Q18 2Q19 2Q20 2Q16 2Q17 2Q18 2Q19 2Q20 Rental Rev

  8. Slide 8: Akbatı Shopping Mall – Financials

    Akiş REIT 1H20 Performance Presentation – August 2020 Akbatı Shopping Mall – Financials Income yield Akbatı Shopping Mall (TLmn) 2015 2016 2017 2018 2019 1H19 1H20 YoY Revenue 64,8 72,7 84,6 106,1 117,7 57,6 33,9 -41% EBITDA 45,2 50,8 62,2 81,3 89,2 43,4 21,6 -50% Latest Appraisal Value 778,8 893,7

  9. Slide 9: Financials' Overview (TLmn)

    Akiş REIT 1H20 Performance Presentation – August 2020 2 Financials’ Overview (TLmn) Covid – 19 related closure of 2 months (April, May 2020) had a net impact of rental loss of TL70- 75mn based on 2019 figures without making any inflation adjustment. 466 Considering inflation and other income loss, t

  10. Slide 10: Financials' Overview (TLmn)

    Akiş REIT 1H20 Performance Presentation – August 2020 2 Financials’ Overview (TLmn) Our Net Debt/EBITDA has risen due to falling EBITDA. 7,6 7,2 6,5 1H18 1H19 1H20 Although our average debt maturity is still low we are in constructive discussion with banks to increase our average debt maturity to ab

  11. Slide 11: What measures have we taken against Covid–19 (operational)?

    Akiş REIT 1H20 Performance Presentation – August 2020 3 What measures have we taken against Covid–19 (operational) ? i. For moving stairways inside the malls, a sterilising UV system equipment is placed ii. Inside the air conditioning system, there is another UV system equipment as a sanitizer which

  12. Slide 12: What measures have we taken against Covid–19 (financial)?

    Akiş REIT 1H20 Performance Presentation – August 2020 3 What measures have we taken against Covid–19 (financial) ? i. Postponed our Erenköy project (65-70% completed high street project) for a few months. For other projects on the pipeline, namely Caddebostan and Beykoz, we were already waiting for

  13. Slide 13: Communication

    Akiş REIT 1H20 Performance Presentation – August 2020 Communication Ozan Hançer Director Strategic Planning, Business Development and Investor Relations E-mail: ozan@akisgyo.com Telephone: +902123930100 Sercan Uzun, CFA, CAIA Assistant Manager Investor Relations, Strategic Planning and Business Deve

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