Fibra Shop Portafolios Inmobiliarios S.a.p.i. De C.v. · BIVA:FSHOP/13
Fibra Shop Portafolios Inmobiliarios S.a.p.i. De C.v — FibraShop — Merger or Acquisition (June 2014)
10 slides from Fibra Shop Portafolios Inmobiliarios S.a.p.i. De C.v's merger presentation, Jun 5, 2014
Slide 1: Acquisition of Portfolio of Shopping Centers and Financing Policy
Acquisition of Portfolio of Shopping Centers and Financing Policy MAY 2014 General CBFI Holders’ Meeting BMV:FSHOP13 June 5, 2014
Slide 2: Background
First FIBRA Specialized in Shopping Centers Background • FibraShop, to safeguard its CBFIs’ holders, has in its by-laws a clause that states that asset acquisitions whose value is equal to or greater than 20% of the Trust’s assets must be voted and approved. • On the other hand, changes to the gener
Slide 3: Characteristics of the properties to be acquired
FibraShop, as part of its business expansion plan, has analyzed properties amounting to approximately Ps.12 billion, seeking that said assets would: • Be located in cities with high-growth population and economic potential. Characteristics of • Allow for diversification of our current portfolio. the
Slide 4: Description of the three Kimco Shopping Centers
Description of the three Kimco Shopping Centers Galerías Mall Sonora Plaza Los Atrios Cuautla Galerías Tapachula Description Shopping center in Regional Shopping center in Regional Shopping center in Regional format, anchored by a format, anchored with two format, anchored with a prestigious d
Slide 5: Plans for the three commercial shopping centers to be acquired
Plans for the three commercial shopping centers to be acquired Plaza los Atrios (Cuautla, Morelos) Galerías Mall Sonora (Hermosillo) Galerías Tapachula (Chiapas) 5
Slide 6: Top tenants in properties to be acquired and their contribution
Top tenants in properties to be acquired and their contribution to current portfolio Top 20 Tenants (FibraShop + Kimco) Top 10 KIMCO Tenants Rank Revenue contribution Current New Tenant Sector Current New Tenant Sector Revenue % 6 1 Walmart Supermarket 1.84% 3.8% Walmart Supermarket 9.3% 3 2 Cinepol
Slide 7: High quality Portfolio with a diversified presence in Mexico
High quality Portfolio with a diversified presence in Mexico Presence in cities that have high growth and are considered the most popular tourist destinations of Mexico with 371,422 m2 of GLA Fibra Shop’s positioning Characteristics of the Current Portfolio 13 properties 10 States and the Federal Di
Slide 8: Actual and projected operating income
Actual and projected operating income Galerías Mall Plaza Galerías Total Sonora Los Atrios Tapachula Portafolio Current Annual revenues Rents 58,929,826 38,189,178 44,629,468 141,748,472 Mainteinance 7,360,562 4,773,257 5,956,829 18,090,648 Total Revenues 66,290,388 42,962,435 50,586,297 159,839,120
Slide 9: General financing, credit and loans policies
General financing, credit and loans policies Background The project, which will modify the general provisions applicable to the issuers and other stock market participants, transfer the decision making process to the General CBFIs Holders’ Meeting issued by a FIBRA to approve the general financing
Slide 10: Liability Limitation
Liability Limitation FORWARD LOOKING STATEMENTS This report may contain forward looking statements. Said statements are not based on historic data but on management’s current outlook. Readers should be aware that said forward looking statements imply risks and uncertainties that may change due to di