Montea Nv · EURONEXT:MONT
Montea Nv — Investor Day (June 2024)
19 slides from Montea Nv's investor day presentation, Jun 5, 2024
Slide 1: Capital Markets Day Belgium
4 – 5 June 2024 CAPITAL MARKETS DAY Belgium Xavier Van Reeth
Slide 2: Agenda
1. Boots on the ground 2. Performance standing portfolio 3. On the ground market trends 4. Business development in Belgium 5. Conclusion
Slide 3: Boots on the ground
Boots on the ground
Slide 4: Local team
Local team Strong Foundations Equipped to tackle the Belgian challenges Commercial Property Project Corporate Management Management Difficult for newcomers • High buy-in cost • Limited growth oppportunities • Market is not transparent • Administration / Building permits • Need boots on the ground Ac
Slide 5: Country Team Belgium
Country Team Belgium Asset agement man dev Acco ting Business elopment un (+ Margo Haedens a,i,) Pr o p er ty man ag ement
Slide 6: Performance standing portfolio
Performance standing portfolio
Slide 7: Standing portfolio performance
Standing portfolio performance Strong presence all over the main logistics junctions Main airports Ghent Antwerp Brussels Key sea ports Liège Inland terminals - Canals All major cities Major highway intersections
Slide 8: Weighted Average Lease Term
Weighted Average Lease Term 5.2 years 6.6 years WALB WALT
Slide 9: On the ground market trends
On the ground market trends
Slide 10: Declining demand, but market still strong
Declining demand, but market still strong Still demand for high Lack of Areas close to cities quality buildings / ESG / building permits VERY resilient Vacancy up automation E19-A12 180.000m² E313 120.000m² E17 30.000m² Hainaut 310.000m²
Slide 11: Stabilization of rental growth
Stabilization of rental growth Increased competition on the letting market Rental growth stabilizes
Slide 12: Evolution of over/under-rent in Belgium
85% 90% 95% 100% 105% ACT Q4 '15 110% ACT Q1 '16 ACT Q2 '16 ACT Q3 '16 ACT Q4 '16 ACT Q1 '17 ACT Q2 '17 ACT Q3 '17 ACT Q4 '17 ACT Q1 '18 ACT Q2 '18 ACT Q3 '18 ACT Q4 '18 ACT Q1 '19 TOTAL PTF ACT Q2 '19 ACT Q3 '19 ACT Q4 '19 ACT Q1 '20 BELGIUM ACT Q2 '20 ACT Q3 '20 ACT Q4 '20 100% ACT Q1 '21 ACT Q2 '
Slide 13: Business development in Belgium
Business development in Belgium
Slide 14: Focus Areas – New Projects
Focus Areas – New Projects Focus on projects with more added value through Land bank Ghent Antwerp Brownfields Brussels Liège City logistics Multimodality Partnerships Long-term commitment
Slide 15: Recent successes / Blue Gate Antwerp
Recent successes / Blue Gate Antwerp Partnership Long term commitment Brownfield Remediation Transgenerational strategy Location Building Tenancy
Slide 16: Recent successes / Tailormade Logistics
Recent successes / Tailormade Logistics • Long-term partnership • Multimodal location
Slide 17: Conclusion
Conclusion
Slide 18: To sum it up
To sum it up Steady wins Build on the Deliver outstanding the race existing platform results for tenants
Slide 19: Space for Growth
Space for Growth MONTEA