Akis Gayrimenkul Yatirim Ortakligi A.s. · BIST:AKSGY
Akis Gayrimenkul Yatirim Ortakligi A.s — Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2024 Earnings Presentation
11 slides from Akis Gayrimenkul Yatirim Ortakligi A.s's earnings presentation, June 2024
Slide 1: Akiş REIT 1Q24 Performance Presentation – June 2024
Akiş REIT 1Q24 Performance Presentation– June 2024 Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 1
Slide 2: Portfolio Performance; Financials' Overview
Akiş REIT 1Q24 Performance Presentation– June 2024 1 Portfolio Performance 2 Financials’ Overview Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 2
Slide 3: Portfolio Performance (Akasya Shopping Mall)
Akiş REIT 1Q24 Performance Presentation– June 2024 1 Portfolio Performance (Akasya Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 3
Slide 4: Akasya General Overview
Akiş REIT 1Q24 Performance Presentation– June 2024 Akasya Shopping Mall – General Overview** Higher store turnover due to high inflation Akasya Shopping Mall Turnover per sqm* (YoY) Akasya Shopping Mall Revenue Breakdown both increases turnover rents nominally and creates additional income as Revenu
Slide 5: Akasya Financials
Akiş REIT 1Q24 Performance Presentation– June 2024 Akasya Shopping Mall – Financials Yield (adjusted for inflation accounting) Akasya Shopping Mall (TLmn) 2018 2019 2020 2021 2022 2023 1Q23 1Q24 YoY Revenue 249,6 270,6 169,2 248,0 1.038,2 1.320,1 329,2 388,2 18% Net Operational Income 199,4 216,2 12
Slide 6: Portfolio Performance (Akbatı Shopping Mall)
Akiş REIT 1Q24 Performance Presentation– June 2024 1 Portfolio Performance (Akbatı Shopping Mall) Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. Akiş Real Estate Investment Trust 6
Slide 7: Akbatı General Overview
Akiş REIT 1Q24 Performance Presentation– June 2024 Akbatı Shopping Mall – General Overview** Higher store turnover due to high inflation Akbatı Shopping Mall’s Turnover per sqm* (YoY) Akbatı Shopping Mall’s Revenue Breakdown both increases turnover rents nominally and creates additional income as Re
Slide 8: Akbatı Financials
Akiş REIT 1Q24 Performance Presentation– June 2024 Akbatı Shopping Mall – Financials Yield (adjusted for inflation accounting) Akbatı Shopping Mall (TLmn) 2018 2019 2020 2021 2022 2023 1Q23 1Q24 YoY Revenue 106,1 117,7 85,2 126,7 485,1 607,9 157,7 171,8 9% Net Operational Income 80,7 88,6 58,3 95,4
Slide 9: Financials' Overview (TLmn)
Akiş REIT 1Q24 Performance Presentation– June 2024 2 Financials’ Overview (TLmn) When we look at the figures without inflation accounting, annual revenues increased by +91% and EBITDA by +102%, as a result of increasing occupancy rates and increasing turnover and rent figures in parallel with high i
Slide 10: Financials' Overview (TLmn)
Akiş REIT 1Q24 Performance Presentation– June 2024 2 Financials’ Overview (TLmn) Our net debt level is US$76mn as of the end of March 2024 and US$64.5mn as of June 2024, and our average gross financial debt maturity is 1.65 years. Considering the derivative products used for hedging purposes, our fo
Slide 11: Contact Information
Akiş REIT 1Q24 Performance Presentation– June 2024 Contact Information Sercan Uzun, CFA, CAIA Manager Strategy, Investments and Sustainability E-mail: sercan.uzun@akisgyo.com Telefon: +902123930100/53544 Disclosure: This presentation has been prepared in order to inform investors. Since the presenta
Akiş Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2024 Earnings Presentation on 6ix