InCity Immobilien AG · SWB:IC8
InCity Immobilien — Investor Presentation (July 2018)
24 slides from InCity Immobilien's investor presentation, Jul 6, 2018
Slide 1: Brief Company Presentation with Overview of Property Portfolio
Brief Company Presentation with Overview of Property Portfolio July 2018 Frankfurt, 6th July 2018
Slide 2: Portfolio Overview: Central locations in Berlin
Portfolio Overview Central locations in Berlin Residential and Residential and Residential and Residential and commercial building commercial building commercial building commercial building Jacobsohnstrasse 27 Werftstrasse 3 Oranienburger Strasse 39 Jägerstrasse 54/55 7 6 5 1 Residential and commer
Slide 3: Portfolio Overview: Central locations in Frankfurt/Main
Portfolio Overview Central locations in Frankfurt/Main Residential and Residential and commercial building Medical centre commercial building Stiftstrasse 18/20 Brönnerstrasse 13/15 Schäfergasse 38/40 10 9 8 Municipal districts of Frankfurt/Main Page 3 Tel. +49 (0) 69 719 18 89-0 | info@incity.ag |
Slide 4: Berlin – Jägerstrasse 54/55, Berlin-Mitte
1 Berlin – Residential and commercial building Jägerstrasse 54/55, Berlin-Mitte Acquisition 2015 Site area 1,176 sqm Rentable area (without storage) 4,490 sqm Occupancy rate 86 % Property value after renovation EUR 39,639 k Property value after renovation per sqm EUR 8,828 less outstanding renovatio
Slide 5: Berlin – Jägerstrasse 34/35, Berlin-Mitte
2 Berlin – Residential and commercial building Jägerstrasse 34/35, Berlin-Mitte Acquisition 2015 Site area 1,057 sqm Rentable area (without storage) 3,980 sqm Occupancy rate 100 % Property value EUR 36,000 k Property value per sqm EUR 9,045 Annual current rent EUR 1,081 k Annual market rent EUR 1,23
Slide 6: Berlin – Charlottenstrasse 79/80, Berlin-Mitte
3 Berlin – Commercial building Charlottenstrasse 79/80, Berlin-Mitte Acquisition 2016 Site area 851 sqm Rentable area (without storage) 4,430 sqm Occupancy rate 100 % Property value EUR 27,400 k Property value per sqm EUR 6,185 Annual current rent EUR 939 k Annual market rent EUR 1,282 k The nine-st
Slide 7: Berlin – Bernburger Strasse 30/31, Berlin-Kreuzberg
4 Berlin – Commercial building Bernburger Strasse 30/31, Berlin-Kreuzberg Acquisition 2015 Site area 1,080 sqm Rentable area (without storage) 3,225 sqm Occupancy rate 100 % Property value EUR 17,400 k Property value per sqm EUR 5,395 Annual current rent EUR 500 k Annual market rent EUR 751 k The si
Slide 8: Berlin – Oranienburger Strasse 39, Berlin-Mitte
5 Berlin – Residential and commercial building Oranienburger Strasse 39, Berlin-Mitte Acquisition 2017 Site area 625 sqm Rentable area (without storage) 1,818 sqm Occupancy rate 100 % Property value EUR 11,100 k Property value per sqm EUR 6,106 Annual current rent EUR 336 k Annual market rent EUR 42
Slide 9: Berlin – Werftstrasse 3, Berlin-Mitte
6 Berlin – Residential and commercial building Werftstrasse 3, Berlin-Mitte Acquisition 2018 Site area 1,442 sqm Rentable area (without storage) 2,602 sqm Occupancy rate 95 % Property value EUR 7,200 k Property value per sqm EUR 2,767 Annual current rent* EUR 180 k Annual market rent EUR 318 k The s
Slide 10: Berlin – Jacobsohnstraße 27, Berlin-Pankow
7 Berlin – Residential and commercial building Jacobsohnstraße 27, Berlin-Pankow Acquisition 2018 Site area 830 sqm Rentable area (without storage) 1,016 sqm Occupancy rate 100 % Property value EUR 3,300 k Property value per sqm EUR 3,248 Annual current rent EUR 84 k Annual market rent EUR 124 k The
Slide 11: Frankfurt – Schäfergasse 38/40, Frankfurt/Main
8 Frankfurt – Residential and commercial building Schäfergasse 38/40, Frankfurt/Main Acquisition 2018 Site area 373 sqm Rentable area (without storage) 1,391 sqm Occupancy rate 82 % Property value EUR 11,700 k Property value per sqn EUR 8,411 Annual current rent* EUR 403 k Annual market rent EUR 421
Slide 12: Frankfurt – Medical centre Brönnerstrasse 13/15
9 Frankfurt – Medical centre Brönnerstrasse 13/15, Frankfurt/Main Acquisition 2014 Site area 519 sqm Rentable area (without storage) 2,390 sqm Occupancy rate 100 % Property value EUR 9,900 k Property value per sqm EUR 4,142 Annual current rent EUR 483 k Annual market rent EUR 502 k The property, ini
Slide 13: Frankfurt – Stiftstrasse 18/20, Frankfurt/Main
10 Frankfurt – Residential and commercial building Stiftstrasse 18/20, Frankfurt/Main Acquisition 2018 Site area 463 sqm Rentable area (without storage) 1,304 sqm Occupancy rate 100 % Property value EUR 9,200 k Property value per sqm EUR 7,055 Annual current rent EUR 365 k Annual market rent. EUR 35
Slide 14: Portfolio Valuation Approach
Portfolio Valuation Approach The Management values the property portfolio based on various criteria: The central element in the management valuation is the square metre price, which is derived from market data which the management obtains from transactions, a variety of its own purchase offers and b
Slide 15: Portfolio Valuation Approach
Portfolio Valuation Approach Approach valuation methodology (harcore and top slice) used by BNPP REC (independent third party): BNPP REC valued the properties in accordance with the recommendations of the International Valuation Standards and the RICS Valuation Standards by means of the internationa
Slide 16: Net Asset Value as of 31/3/2018 – 1/2
Portfolio Overview Net Asset Value as of 31/3/2018 – 1/2 Management Valuation sqm EUR/sqm 31/3/2018 31/3/2018 31/3/2018 % of (w/o storage) (w/o storage) Property value Loan Net Asset Value (NAV) NAV Total Property EUR k EUR k EUR k Jägerstrasse 54/55 1 4,490 8,828 39,639 Berlin-Mitte less outstandin
Slide 17: Net Asset Value as of 31/3/2018 – 2/2
Portfolio Overview Net Asset Value as of 31/3/2018 – 2/2 Management Valuation sqm EUR/sqm 31/3/2018 31/3/2018 31/3/2018 % of (w/o storage) (w/o storage) Property value Loan Net Asset Value (NAV) NAV Total Property EUR k EUR k EUR k Subtotal (Berlin) 21,561 6,159 132,800 -46,341 86,459 71.7% Schäferg
Slide 18: Further expansion of the property portfolio mainly in core locations
Further expansion of the property portfolio... ...mainly in core locations Investment profile Locations: Focus on good to very good locations (centre) in Berlin Selected opportunistic investments in Frankfurt am Main and Berlin Properties: The investment focus is on properties that offer long-term v
Slide 19: InCity Immobilien AG Share
InCity Immobilien AG Share Key data Shareholder structure ISIN DE000A0HNF96 Securities code A0HNF9 (WKN) Reuters / IC8Gn.DE / IC8 GY Bloomberg Code Ticker IC8 No. of shares 86,000,000 bearer shares Exchanges Xetra Frankfurt/Main Berlin Stuttgart * taken into account latest information of principal s
Slide 20: Appendix
Appendix Page 20 Tel. +49 (0) 69 719 18 89-0 | info@incity.ag | www.incity.ag
Slide 21: Balance sheet – Assets
Appendix Balance sheet – Assets 31/3/2018 31/12/2017 Change Assets EUR k % EUR k % EUR k % Fixed assets Intangible assets 49 0.0 55 0.0 -7 -12.1 Property, plant and equipment 120,211 80.1 100,928 70.0 19,283 19.1 Financial assets 2,920 1.9 2,920 2.0 0 0.0 123,179 82.1 103,903 72.0 19,276 18.6 Curren
Slide 22: Balance sheet – Equity and liabilities
Appendix Balance sheet – Equity and liabilities 31/3/2018 31/12/2017 Change Equity and liabilities EUR k % EUR k % EUR k % Equity Attributable to shareholders of the parent company 85,881 57.2 86,122 59.7 -240 -0.3 Non-controlling interests 131 0.1 131 0.1 0 0.0 86,013 57.3 86,253 59.8 -240 -0.3 Pro
Slide 23: Contact
Contact InCity Immobilien AG Beethovenstrasse 71 D-60325 Frankfurt am Main www.incity.ag Investor Relations Helge H. Hehl, CFA Vorstand, CFO Tel.: +49 (0)69 7191889 55 Email: ir@incity.ag Page 23 Tel. +49 (0) 69 719 18 89-0 | info@incity.ag | www.incity.ag
Slide 24: Disclaimer
Disclaimer This presentation contains statements on future developments as well as information derived from sources believed to be reliable by InCity Immobilien AG. All statements in this presentation (including opinions, estimates and assumptions) that are not historical facts, such as the future f
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