TAG Immobilien AG · XETR:TEG
TAG Immobilien — Investor Day (April 2023)
9 slides from TAG Immobilien's investor day presentation, Apr 26, 2023
Slide 1: Capital Markets Day
Capital Markets Day Warsaw, 26 April 2023
Slide 2: TAG Capital Markets Day Agenda
TAG Capital Markets Day Agenda • Opening Remarks 10:30 Martin Thiel • Presentation on the Polish residential market 10:45 Pawel Sztejter, Head of Residential, JLL Poland • TAG’s rental business in Poland 11:30 Dariusz Pawlukowicz and Joanna Kubiak • Panel discussion Pawel Sztejter/JLL, Angelo Magli/
Slide 3: TAG History in Poland
TAG History in Poland since October 2022 Vantage and ROBYG operate as one March 2022 organisation Acquisition of ROBYG S.A. January 2020 Acquisition of Vantage Development S.A. TAG Immobilien AG | April 2023 | 3
Slide 4: Legal structure of the Polish organisation
Legal structure of the Polish organisation TAG Immobilien AG 100% 100% ROBYG Sales business Vantage Construction Rental business Corporate functions TAG Immobilien AG | April 2023 | 4
Slide 5: Management structure of the Polish organisation
Management structure of the Polish organisation Supervisory Board Oscar Kazanelson (Chairman) Management Board Martin Thiel Eyal Keltsh (CEO) Claudia Hoyer Harboe Vaagt Marta Hejak (CFO) Przemyslaw Kurczewski Dariusz Pawlukowicz Radoslaw Biedecki (Rental Business, HR, ESG) TAG Immobilien AG | April
Slide 6: TAG Poland Strategy
TAG Poland Strategy 66 New constructed residential assets with two business lines: 1 sales and rental Tri-City 2 Investments in “A cities” and in good locations Poznan Warsaw 3 c. 20,000 rental apartments as a long-term target Lodz Wroclaw Sales business will deliver attractive cash surplus to reinv
Slide 7: Poland Operational performance FY 2022
Poland Operational performance FY 2022 77 Y-o-Y trajectory FY 2022 FY 2021 Revenues from sale of properties (EURm)* 337.6 63.4 Rental revenues (EURm)* 2.7 0.5 Result operations Poland 59.3 6.7 Units handed over ** c. 3,800 c. 600 Units sold** c. 2,400 c. 400 Rental units in operation c. 1,150 c. 350
Slide 8: Poland Mid-term outlook rental business next 5 years
Poland Mid-term outlook rental business next 5 years 88 Szenario 1: Szenario 2: Growth only by using Additional growth via surplus from sales external/TAG financing business of c. EUR 100m p.a. # units already finsihed/currently under construction c. 3,350 c. 3,350 # (new) units under construction 2
Slide 9: Capital Markets Day
Capital Markets Day Warsaw, 26 April 2023