Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. — Q2 2015 Earnings Presentation
23 slides from Halk Gayrimenkul Yatirim Ortakligi As's earnings presentation, Aug 18, 2015
Slide 1: Halk Real Estate Investment Trust
IHALKGYO Halk Real Estate Investment Trust... Investing in the Future...
Slide 2: Investor Presentation 2015 / Q2
INVESTOR PRESENTATION 2015 / Q2
Slide 3: About Halk GYO
ABOUT HALK GYO Halk GYO, was established in 2010, invests in real estates, real estate projects, real estate based rights and capital market instruments. Halk GYO completed its IPO in February 2013 and is trading on the Borsa Istanbul (BIST) with the code “HLGYO” As of 30.06.2015; Halk GYO has
Slide 4: Real Estate Portfolio Distribution
REAL ESTATE DISTRIBUTION OF PORTFOLIO PORTFOLIO 1,457 Million TL 492.5 Million TL Last Appraisal Values (June 2015) Establishment Appraisal Values (October 2010) 2
Slide 5: Real Estate Portfolio Regional Dispersal
REAL ESTATE PORTFOLIO REGIONAL DISPERSAL Salıpazarı Hotel Project Park Dedeman Levent Sancaktepe Land Hotel Project İstanbul Finance Center Project Referans Kocaeli Şekerpınar Bakırköy “Operational Center” Residential Project Project Eskişehir Panorama Plus Residential Project Buildings, Lands and P
Slide 6: Real Estate Portfolio Table
REAL ESTATE PORTFOLIO TABLE 2015 2015 June June *Land appraisal values REAL ESTATES Net Book Values Last Appraisal Values REAL ESTATE PROJECTS (TL) (TL) **Appraisal values when completed LANDS İstanbul Sancaktepe Land 57,089,602 *80,000,000 ***Appraisal values of unsold Total of Lands 57,089,602 80,
Slide 7: Rental Income Ratios
RENTAL INCOME RATIOS Period Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Building Rent Revenue (TL) 4,073,794 6,896,228 7,000,728 6,958,874 7,053,976 7,057,301 7,065,163 7,661,113 7,550,257 7,521,320 7,370,114 7,317,772 7,319,204 8,4
Slide 8: Completed Projects: Halkbank Finance Tower
COMPLETED PROJECTS HALKBANK FINANCE TOWER In 2012, we acquired this 23-floor Class A office tower located near the Istanbul Finance Center Project while it was under construction. The tower is leased to Halkbank for four years. Real Estate Information City : İstanbul District : Ataşehir : Gross Area
Slide 9: Completed Projects: Referans Bakırköy
COMPLETED PROJECTS REFERANS BAKIRKÖY Referans Bakırköy Project is HalkGYO’s first residential project. The project is developed based on revenue sharing model with our Company’s 50.5 percent share from total sales revenue. The project which carried out together with Biskon Yapı A.Ş., an association
Slide 10: Completed Projects: Park Dedeman Levent Hotel
COMPLETED PROJECTS PARK DEDEMAN LEVENT HOTEL Park Dedeman Levent Hotel is the first hospitality project on Halk GYO’s portfolio. It will meet the much felt need for business hotels on Mecidiyeköy-Maslak line, Istanbul. The project is aimed to be an environmentally friendly building and is a candidat
Slide 11: Ongoing Projects: İstanbul Finance Center
ONGOING PROJECTS İSTANBUL FİNANCE CENTER As Halk GYO, we are one of the major stakeholders of the Istanbul International Finance Center Project where we will build two office towers, one with 46 floors and the other with 34 floors. The project also comprises 3 buildings each with 8 floors. Upon comp
Slide 12: Ongoing Projects: Eskişehir Panorama Plus
ONGOING PROJECTS ESKİŞEHİR PANORAMA PLUS RESIDENTIAL PROJECT The project is currently underway in the Odunpazarı District of City of Eşkisehir, one of the fastest growing cities of Turkey. The project Panorama Plus will be a unique component in the cityscape of Eskisehir with its 19-floor high rise
Slide 13: Ongoing Projects: Şekerpınar Data and Operation Center
ONGOING PROJECTS ŞEKERPINAR DATA AND OPERATION CENTER The land purchased in 2012 in the district of Kocaeli – Şekerpınar, the area in which data centers of banks placed. An agreement with an architectural company has been signed for construction works of the complex which consists of a operation cen
Slide 14: Planned Projects: Sancaktepe Residential Project
PLANNED PROJECTS SANCAKTEPE RESIDENTIAL PROJECT In 2014, 98k sqm land plot in Sancaktepe, mostly improved and mentioned district of Istanbul, bought for TL 110,000,000 through the joint venture (50% Halk REIT / 50% Vakıf REIT) to build a residential project. The land is close to transportation netwo
Slide 15: Planned Projects: Salıpazarı Hotel Project
PLANNED PROJECTS SALIPAZARI HOTEL PROJECT Aiming to utilize our portfolio in the most efficient way, the best use and feasibility studies have been done for our Salıpazarı Building, which is registered in Beyoğlu District, İstanbul. After the best use studies, it was decided to renovate the Building
Slide 16: Financial Data
FINANCIAL DATA BALANCE SHEET 31.12.2014 30.06.2015 (TL) Current Assets 183,420,241 155,848,839 “Net Profit” Liquid Assets 46,587,030 14,315,211 increased Inventories 103,090,737 108,168,561 %25 Non-Current Assets 744,986,425 781,632,819 Investment Properties 713,531,361 762,974,206 INCOME TABLE 01.0
Slide 17: Distribution of Assets and Liabilities
DISTRIBUTION OF ASSETS AND LIABILITIES 15
Slide 18: Balance Sheet Items
BALANCE SHEET ITEMS Y-o-Y Thousand TL Assets 2.5% Shareholder’s Equity 7.6% Lands and Projects 60% Buildings -7% Financial Liabilities - 10.7% Net Income 40% 16
Slide 19: Income Statement Items
INCOME STATEMENT ITEMS TL Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Total Revenues 8,532,067 10,052,700 11,473,735 28,455,348 13,518,983 16,366,608 18,566,116 38,159,410 16,026,056 19,180,338 Rent Income 7,053,976 7,057,301 7,065,163 7,661,113 7,550,257 7,521,32
Slide 20: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS TL 42,541,150 22,513,338 19,275,106 17,126,024 16,350,165 13,795,605 18
Slide 21: Distribution of Expense Items
DISTRIBUTION OF EXPENSE ITEMS Personal 12,285,235 TL Finance Amortization 10,138,236 Propert Tax Cost Sales Others 6,402,792 5,879,809 4,299,496 19
Slide 22: Targets
TARGETS Main Targets 2015 Targets To start the construction of our towers in the “Istanbul Finance Center (IFC)” project To be one of the leaders of Turkish REIT Sector To complete the construction the 2st part (Block B) and to lease 1st part Block A of the To use our capital in the “Kocaeli Şekerpı
Slide 23: For further information please contact
For further information please contact; Group Presidency of Investor Relations & Strategic Planning & Advertising PR Investor Relations Address: Şerifali Çiftliği Tatlısu Mahallesi Ertuğrulgazi Sokak No:1 34774 Yukarı Dudullu - Ümraniye / İSTANBUL E-mail: ir@halkgyo.com.tr Phone: +90 216 600 10 25 D
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