Tpl Properties Ltd. · PSX:TPLP
Tpl Properties — Investor Presentation (December 2024)
34 slides from Tpl Properties's investor presentation, December 2024
Slide 1: Pakistan's leading Real Estate Development and Fund Management Company
Pakistan’s leading Real Estate Development and Fund Management Company Investor Presentation December 2024 Strictly Private & Confidential 1
Slide 2: TPL Corp
TPL Corp Diversified Group, seeking to redefine & lead in its markets, incl. Insurance, Real Estate & Tech ` 100% 39.26% 52.87% 94.21% 64.32% 100% 100% 100% 38.02% 100% 29.68% 100% Astra Location Services (Singapore) Pte. Ltd 100% 100% 50.1% Astra Location Services (Pvt) Ltd. 6 Listed on the PSX PKR
Slide 3: TPL Properties
TPL Properties Pioneer in institutionalizing Real Estate in Pakistan ` 2007-13 2014-16 2017-21 2022-24 Secured Foreign Currency Financing USD 20 Mn 100% tenancy achieved Acquisition of One Hoshang Largest Pakistan equity offering: TPL REIT Fund I; AUMs OPIC (now DFC) facility prepaid SEC
Slide 4: TPL Properties: Multi-Faceted Real Estate Holding Company
TPL Properties Multi-Faceted Real Estate Holding Company ` TPL Properties (PSX: TPLP): restructured from single yielding asset, to a multi-dimensional real estate company Real Estate Owner Developer REIT Manager Offshore Fund Manager Property Manager Restructured as Real Estate Investment Projects a
Slide 5: TPL REIT Fund I
TPL REIT Fund I Pakistan’s first hybrid Development Impact REIT ` Remarkable Fund Performance since inception Fund Name TPL REIT Fund I [PKR bn] [PKR / Unit] NAV [LHS] NAV/unit [RHS] Domicile Pakistan Bring sustainable, integrated communities to 35 25 Pakistan, decarbonizing cities, uplifting living
Slide 6: Initial Portfolio Projects
Initial Portfolio Projects One Hoshang Technology Park Mangrove Ultra luxury Residential asset built around a Creating a Technology Free Zone, boosting the Mid-tier integrated community, includes 130-year-old historical facade to preserve tech ecosystem, and boutique hotel for residential, commercia
Slide 7: One Hoshang
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Slide 8: One Hoshang
One Hoshang Pakistan’s One-of-a-Kind Ultra Luxury Apartments ` Architect & Interior Façade International Design Team MEP Transportation Design Designers Engineering Height: 435 ft Floors: 2B+G+5P+32+M Two Retail spaces on Ground floor One Apartment on each floor 16 Three Bed & 14 four bed
Slide 9: One Hoshang: Preserving cultural Heritage
One Hoshang Preserving cultural Heritage ` Key Project Highlights 1. Gold LEED certified climate resilient residential tower with all modern amenities including retail outlets, wellness center, event spaces & cinema. 2. Incorporating 130-year-old heritage façade of the site to be protected to preser
Slide 10: One Hoshang: On-going Development Works
One Hoshang On-going Development Works ` Status Snapshots Project Timeline The project has demonstrated substantial progress, with initial construction works, 3Q23 Completion of Initial works including piling, shoring, and excavation, completed in FY24. 4Q23 Initiation of Main Works Main constru
Slide 11: Technology Park
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Slide 12: Technology Park: Strategy for the Project
Technology Park Strategy for the Project ` Initial plan was to develop a state-of-the-art Technology Park, accompanied by a 42-key business boutique hotel However, the strategy has been revised inconsideration of the required investor returns. The plan is to exit through sale of the land parcel
Slide 13: Mangrove
Mangrove
Slide 14: Mangrove: Master planned mixed use community
Mangrove Master planned mixed use community development designed by International Design Consultant ` Legend: Residential + Retail Office + Hotel + Retail Office + Retail C6 Green Areas C4 Public Building C4 C4 C4 C4 C4 PB C5 C4 C3 Public C4 Building C4 Area Mix C2 2% C4 7% 3% C2 88% C1 Residential
Slide 15: Mangrove: Decarbonizing Karachi
Mangrove Decarbonizing Karachi by building sustainable communities ` Key Project Highlights 1. Mid-rise waterfront development with multiple towers developed across 40 acres of commercial land featuring residential, commercial, retail & hospitality space. 2. Overall development consists of 20 towers
Slide 16: Mangrove: Karachi's First Biodiversity Park
Mangrove Karachi’s First Biodiversity Park ` Design Features Learning Center Walkways & Boardwalks Bird Watching Towers Floating Jetty Constructed from reclaimed wood, it serves as These walkways provide a non-invasive means These towers provide elevated viewpoints that A floating platform or jetty
Slide 17: Properties
Properties
Slide 18: Mangrove: Detailed Building Design & Site Infra Works
Mangrove Detailed Building Design & Site Infra Works in process ` Status Snapshots Project Timeline The project has achieved several key milestones, including the completion of the concept design, the 1Q24 Detailed Infrastructure Design biodiversity park, and the infrastructure engineering study.
Slide 19: Mangrove: Access & Neighborhood Improvements
Mangrove Access & Neighborhood Improvements ` Status The road from Salim Habib University to mangroves completed. Tree plantation executed Neighbors engaged for traffic re alignment for better connectivity and PRL intersection improvement. Some of the plots being used for sports facilities f
Slide 20: Everest
Everest
Slide 21: Hospitality Fund
Hospitality Fund Partnering Up with an Ultra Luxury French operator to set up a Hospitality Fund ` Overview Exclusive Hospitality Brand: Development Partner: AB Lagoon Location Maldives, Kaafu Atoll Le K2 Collections is a niche ultra-luxury brand established by Hospitality development arm of Akb
Slide 22: Other Growth Initiatives for next 12 months
` Other Growth Initiatives for next 12 months 22
Slide 23: Data Centers & Renewable Energy
` Data Centers & Renewable Energy 23
Slide 24: New Business Growth: 4MW Green Data Center
New Business Growth 4MW Green Data Center ` Connectivity Power Real Estate (fibre) Wind, Solar, Grid, Backup Land – Wind Corridors Telecom infrastructure service providers Energy 18 MW Wind + Grid Data Center 4 MW – 6 MW / 1,000 – Connectivity + Backup 1,500 racks 1. TPL is in the process of forming
Slide 25: New Business Growth: 4MW Green Data Center
New Business Growth 4MW Green Data Center ` 25
Slide 26: Development of Land Parcels adjacent to Mangroves Project
` Development of Land Parcels adjacent to Mangroves Project 26
Slide 27: Launch of a new REIT Fund
Launch of a new REIT Fund Development & Sale of Land Parcels adjacent to Mangroves Project ` Site Map The Mangroves Project New REIT Fund SPVs Land Parcels are adjacent to TPL’s ‘ Mangroves’ site TPL is planning to launch a new REIT Fund, comprising of land parcels adjacent to TPL REIT Fund I SPV
Slide 28: New REIT Fund
New REIT Fund A Prime Investment in the Landmark Development at Mangroves Creek ` Details Fund Manager TPL RMC Unit Issuance Pro-rata basis of the total Land Value contribution Type of Fund Development REIT Fund Life Perpetual (close-ended) / Limited 5-Year (close-ended) 1. Management Fees (Quarterl
Slide 29: Financial Performance & Valuation
` Financial Performance & Valuation 29
Slide 30: TPL Properties Limited – Standalone Results
TPL Properties Limited – Standalone Results P&L Comparison – for the year ended June 30, 2024 ` Profit / (Loss) YTD-June-24 YTD-June-23 The overall loss is due to a PKR 4.39 per unit decline in REIT Fund I since the Description Variance beginning of the year. This decline is attributed to two fact
Slide 31: TPL Properties Limited – Consolidated Results
TPL Properties Limited – Consolidated Results P&L Comparison – for the year ended June 30, 2024 ` YTD-June-24 YTD-June-23 Description Variance Actual Actual Revenue: [PKR 000s] [PKR 000s] [PKR 000s] [%] REIT Fund units unrealized Loss, PKR 3,084Mn TPL RMC 629,577 1,052,045 (422,468) (40%) (PY: Gai
Slide 32: TPL Properties: Key Management
TPL Properties Key Management ` Ali Jameel Ali Asgher Jamil Akbar Rizwan Karim CEO, TPL Properties CEO, TPL RMC CEO, TPL IM CEO, TPL Development FCA, ICAEW (UK), BSc. LSE (UK) MBA (PK), FCMA (UK) MBA INSEAD (FR) ; FCA (UK); BEng Imperial (UK) MBA IBA (PK); MEng NED (PK) TPL Founder, xJS Inv. Bank; x
Slide 33: Key Board Members and Advisors
TPL Properties Key Board Members and Advisors ` TPL Properties Board Members Jameel Yusuf Vice Admiral (R.) M. Shafi Sabiha Sultan Khalid Mahmood Chairman of TPL Corp Ltd, Ex Pakistan Navy, ex Chairman of ex SCB Singapore; ex JP Morgan Ex Chairman at Sindh Revenue Board, ex Chairman of CPLC PNSC and
Slide 34: Disclaimer
20th Floor, Sky Tower – East Wing, Dolmen City Block 4, Clifton, Karachi, Pakistan DISCLAIMER This Presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. Cons
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