Gateway Real Estate AG · XETR:GTY
Gateway Real Estate — Investor Presentation (November 2019)
16 slides from Gateway Real Estate's investor presentation, November 2019
Slide 1: Company Presentation November 2019
GATEWAY REAL ESTATE November 2019 Company Presentation GATEWAY REAL ESTATE AG ALEADING GERMAN PROPERTY DEVELOPER
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) was prepared exclusively by Gateway Real Estate AG (“Gateway”) solely for informational purposes and has not been independently verified and no representation or warranty, express or implied, is made or given by or on behalf of Gateway. Nothing in this P
Slide 3: 1. Gateway Real Estate AG - Overview
Myth Tt We 1. Gateway Real Estate AG - Overview
Slide 4: A leading diversified property developer in Germany
ri] A leading diversified property developer in Germany Founded in 2006, Gateway and its subsidiaries has a long history in the German real estate market. With its lean operating set-up, covering all steps of the value chain, the company is a listed leading developer of commercial and residential bu
Slide 5: Corporate strategy
Corporate strategy Operating = Key development functions inhouse = Minimising construction risk = Resulting in i) efficient group control (development and corporate functions related) and risk management ii) non-speculative construction Sales Disposal only to institutional investors Resulting in i)
Slide 6: Example of development projects
@ Example of development projects Duesseldorf, Kennedydamm Cologne, Rudolfplatz Berlin, Mediaspree ek. Type of use: office Type of use: office, trade Type of use: office Usable are: 42,500 sqm Usable are: 9,400 sqm Usable are: 15,000 sqm Stuttgart (Ehningen), IBM- Cologne, OneCologne Berlin, Element
Slide 7: Key achievements 9M 2019
fiv] Key achievements 9M 2019 = 9M 2019 business development in line with our expectations = Acquisition of 7 projects with a total GDV of c. € 2.0 billion ytd in the top seven German cities and major regions Operational achievements = Disposal of 21 commercial properties in a portfolio deal for a p
Slide 8: Sv. y | Z
Sv. y | Z
Slide 9: Current development portfolio — projects with total GDV of €5.7bn
Current development portfolio — 48 projects with total GDV of € 5.7bn Nationwide project locations Current breakdown by region® e Hamburg e Berlin Dusseldorf Halle --~ 5, ae ’ e y Leipzig,” Dresden Cologne ‘Soc Erfurt” ~~ Frankfurt e e e Mannheim eres e Stuttgart Augsburg ® e Munich Exclusively focu
Slide 10: €2.0bn in total project development acquisitions 2019 ytd
€ 2.0 bn in total project development acquisitions 2019 ytd Location Asset type Status and KPI GDV ® (€m) Picture Acquisition April 2019 Stuttgart area Commercial Area (sqm) 42,400 ~250 Completion 2021 Acquisition Aug 2019 Munich area Commercial Area (sqm) 61,490 ~350 Completion 2022 Acquisitions (4
Slide 11: GATEWAY
GATEWAY REAL ESTATE
Slide 12: Income statement 9M 2019
Income statement 9M 2019 in €’000 9M 2019 Q3 2019 Revenues :) 26,941 7:309 Changes in inventory 72,897 Other operating income 230 . | Cost of materials (93,419) LU (68,470) Personnel costs (7,759) (2,122) Other operating expenses (15,778) (3,482) Fair value adjustment C3} 20,210 11,063 D&A (37) (424
Slide 13: Balance sheet 9M 2019: Assets
Balance sheet 9M 2019: Assets in €000 FY2018 9M 2019 Comments Intangible assets 39,900 39,890 e Reclassification of investment properties as . assets held for sale due to planned disposal Property, plant and equipment 469 2,573 . Gobi Be I (2) Investments accounted for using the equity Investment pr
Slide 14: Balance sheet 9M 2019: Equity and Liabilities
Balance sheet 9M 2019: Equity and Liabilities in €000 FY2018 9M 2019 Comments Equity and liabilities 4 y§ a 1 e Increase due to capital increase in April 2019 Subscribed capital e | 169,785 186,764 with gross proceeds of in total c. € 67,9m Additional paid-in capital 173266) (22,894) a ‘Accumulated
Slide 15: Appendix
Appendix GATEWAY REAL ESTATE
Slide 16: Gateway Share information
Gateway Share information Basic Share information (as of 30. September 2019) Shareholder Structure Symbol GTY Free float 24,57% Share price (XETRA, 30-Sep-19) 4.08 ISIN DEoooAoJJTG7 Performance since IPO 2,0% Primary exchange Frankfurt Stock Exchange / Prime Standard Sandra Ketterer —_ Shares outsta
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