Unibail-Rodamco-Westfield SE · EURONEXT:URW
Unibail-Rodamco-Westfield — Unibail-Rodamco — Investor Day (May 2016)
29 slides from Unibail-Rodamco-Westfield's investor day presentation, May 12, 2016
Slide 1: Mall of Scandinavia 2016 Investor Days
Mall of Scandinavia 2016 INVESTOR DAYS
Slide 2: Disclaimer
DISCLAIMER Unibail-Rodamco S.E., a Société Européenne à Directoire et Conseil de Surveillance incorporated under French law, is a listed closed end property investment company. Unibail-Rodamco is registered with the French Authority of Financial Markets (AMF). The value of your investment may fluctu
Slide 3: An Overview of Stockholm City - A Unique Location
AN OVERVIEW OF STOCKHOLM CITY - A UNIQUE LOCATION Population Stinsen Centrum Sollentuna Centrum Greater Täby Centrum Stockholm Kista Galleria Solna Centrum Gallerian Sickla Skärholmen Centrum Nacka Forum 3
Slide 4: Arenastaden - A City Development
ARENASTADEN - A CITY DEVELOPMENT The initial ambition of the Arenastaden Development A 50,000-seat national arena with total capacity of 65,000 people 3,000 new apartments 450,000 m² office space 90,000 people expected to live in Solna by 2020 7 min from Stockholm City by commuter train 4
Slide 5: Arenastaden – How It Looks Today
ARENASTADEN – HOW IT LOOKS TODAY 5
Slide 6: 4 Years of Negotiation on Deal Structure and Land Price
4 YEARS OF NEGOTIATION ON DEAL STRUCTURE AND LAND PRICE 2008 2009-2010 2011 - Closing Land & building rights: Land & building rights: Land & building rights: Fixed price + variable fee based Fixed price + variable fee based €68 Mn on size on MGR UR 100% shopping centre UR 100% shopping centre UR 100
Slide 7: Key Financials
KEY FINANCIALS LAND ACQUISITION €68 Mn CONSTRUCTION AGREEMENT €394 Mn TOTAL GLA 101,048 m² TIC €657 Mn TIC/m² €6,383 YIELD ON COST AT DELIVERY 7.6% Converted at Year End Closing 2015. Exchange rate: €1 = SEK 9.2118 7
Slide 8: A Vibrant Neighborhood
A VIBRANT NEIGHBORHOOD 50,000-seat arena (65,000 people total capacity) Arena Quality Gate Hotel Friends 3,000 new apartments 90,000 residents by 2020 400-room hotel, Quality Hotel Friends 450,000 m² office space • +43% increase in workers expected Many new HQ offices located nearby Arena Gate 8
Slide 9: Catchment Area & Primary Zone
CATCHMENT AREA & PRIMARY ZONE 2.3 Mn inhabitants within a 60-min drive and 35,000 workers in Arenastaden “1/3 of the Swedish population lives within a 90-min drive” Fastest growing municipality in Sweden Primary Area 0-10 min 350,000 inhabitants Voted most business friendly municipality Primary and
Slide 10: Location – Outstanding Infrastructure
LOCATION – OUTSTANDING INFRASTRUCTURE DANDERYD SUNDYBERG ARENASTADEN SOLNA NORRA DJURGÅRDSSTADEN LIDINGÖ BROMMA STOCKHOLM CITY CENTRE ODENPLAN CENTRAL STATION NACKA 10
Slide 11: Accessibility - New Infrastructure by Land Developer
ACCESSIBILITY - NEW INFRASTRUCTURE BY LAND DEVELOPER 7 min At the crossroad of 2 major Commuter train, Metro extension from Stockholm highways, the E4 and the E18 Tramway, Buses to be delivered by 2022 city centre where 160,000 vehicles pass every day 11
Slide 12: Mall of Scandinavia, the Largest Shopping Centre in Scandinavia
MALL OF SCANDINAVIA THE LARGEST SHOPPING CENTRE IN SCANDINAVIA GLA: 101,048 m2 11 Lifts and 42 Escalators dedicated to customers GFA: 340,000 m2 A double-loop Land Plot: 64,000 m2 7 Levels in total - 3 levels of retail 3 main entrances from the street level 224 Retail Units 8 entrances from the park
Slide 13: Differentiating Features – Iconic Design
DIFFERENTIATING FEATURES – ICONIC DESIGN 13
Slide 14: An Outstanding Indoor Environment
AN OUTSTANDING INDOOR ENVIRONMENT 14
Slide 15: Mall of Scandinavia, the Destination Shopping Centre
MALL OF SCANDINAVIA THE DESTINATION SHOPPING CENTRE THE MALL 16 international 15
Slide 16: The 4-Star Label
THE 4-STAR LABEL Mall of Scandinavia takes the 4-star label to the next level, offering high-quality and state-of-the-art amenities to visitors 16
Slide 17: The Designer Gallery
THE DESIGNER GALLERY Situated at the Fire Node Dedicated to contemporary premium retailers Features exclusive designers, international players, VIP lounge and events 17
Slide 18: The Designer Gallery
THE DESIGNER GALLERY - = ~= = S— ~ = ony ] ~ i XN iN ————— SS
Slide 19: The Dining Experience
THE DINING EXPERIENCE THE LARGEST CLUSTER OF RESTAURANTS IN SWEDEN 11,900 m² GLA of food service, c.12% of the total GLA The dedicated Dining Plaza on 8,200 m² GLA with 22 restaurants, cafés and DEX Theatre Perfect blend of design, location and operators Easily accessible, close to retail, well conn
Slide 20: The Most Modern Cinema in the Nordics
A améliorer TBC THE MOST MODERN CINEMA IN THE NORDICS 9,175 m² 15 screens 1st IMAX in Sweden 98.5% occupancy rate in the 1st two months The IMAX with the most visitors in the world in December 2015 1,860 seats VIP cinema Restaurant “Drama” 20
Slide 21: A New King-Size Restaurant and Leisure Concept
A NEW KING-SIZE RESTAURANT AND LEISURE CONCEPT 6,000 m² split over 2 floors 1,000 seats Dining Floor (1) Leisure • 2 bowling alleys / 18 lanes • 14-hole mini golf • Laser tag adventure • Pool tables • Shuffleboard • Dart • Innovative adventure ping pong Multi-use • Event centre / 3 dedicated confere
Slide 22: Click & Services Combining Online and Offline Retail
CLICK & SERVICES COMBINING ONLINE AND OFFLINE RETAIL Next to strong convenience tenants: groceries & Systembolaget (alcohol) On the way to toilets on Lower Ground Floor (0) An ideal location at the heart Close to all car park levels of the shopping centre Reception desk Click & Collect Goodies & sou
Slide 23: Convenience and Fun for Our Most Important Customers
CONVENIENCE AND FUN FOR OUR MOST IMPORTANT CUSTOMERS Large leisure offer For all ages Sweden’s largest Cinema with Outstanding kids and family 15 screens including Swedens 1st IMAX O’Learys, one of Europe’s largest sports offer as well as innovative bars & educative Kids Play Areas ideally situated
Slide 24: Leasing Process
LEASING PROCESS 2012 2013 2014 2015 2016 WORLDWIDE LEASING LAUNCH Increase to 8 Leasing Managers OPENING o/w 2 dedicated Leasing Managers to restaurants Close collaboration with International leasing 0 Pre-Lettings Exceptional Result at commitment date 99% letting 1st signing: SF Cinema, at opening
Slide 25: The Place for Market Entries
THE PLACE FOR MARKET ENTRIES Country of origin: Country of origin: Country of origin: Country of origin: Country of origin: United States United Kingdom Denmark United States United States Country of origin: Country of origin: Country of origin: Country of origin: Country of origin: Country of origi
Slide 26: Key Milestones
KEY MILESTONES 2010 2011 2012 2013 2014 2015 2016 Signature of all final agreements with Råsta Construction works Leasing Delivery to tenants Opening 26
Slide 27: An Outstanding Success
AN OUTSTANDING SUCCESS November 12th, 2015 Opening of the doors from 8pm to 12am OVER 50,000 VISITORS 27
Slide 28: Mall of Scandinavia
MALL OF SCANDINAVIA Kae kK* 28
Slide 29: www.unibail-rodamco.com
unibail-rodamco www.unibail-rodamco.com