Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. (Halk GYO) — Investor Presentation (2023)
27 slides from Halk Gayrimenkul Yatirim Ortakligi As's investor presentation, 2023
Slide 1: Investor Presentation 2022 YE
v INVESTOR PRESENTATION 2022 YE
Slide 2: About Halk GYO
ABOUT HALK GYO Halk GYO, was established in 2010, invests in real estates, real estate projects, real estate based rights and capital market instruments. Halk GYO completed its IPO in February 2013 and is trading on the Borsa Istanbul -BIST with the code “HLGYO” As of December 31, 2022; Halk GYO
Slide 3: Distribution of Portfolio Real Estate
REAL ESTATE DISTRIBUTION OF PORTFOLIO PORTFOLIO TL 13.4 Billion Buildings 36% TL 492.5 Million Projects & Lands 64% 2022 YE Establishment 3 Investor Relations
Slide 4: Real Estate Portfolio Regional Dispersal
REAL ESTATE PORTFOLIO İstanbul «Salıpazarı Hotel» REGIONAL DISPERSAL İstanbul “Bizimtepe Aydos” İstanbul İstanbul Financial Center “Levent Hotel” «Halk Towers» «Paye Sakarya» Kocaeli İstanbul “Şekerpınar Office Buildings” “Referans Bakırköy» Kocaeli Erzurum “Dilovası Modern Industrial Park” “Şehrist
Slide 5: Real Estate Portfolio
LANDS REAL ESTATE PORTFOLIO Current Status Value (TL) Antalya Land Land - 295.530.000 1 It is the value of our Company's share from the Kocaeli Dilovası Land (Dilovası Modern Industrial Park) In construction and sale - 276.640.000 current value of the project determined as of the end of 2022. It is
Slide 6: Rental Income Ratios
RENTAL INCOME RATIOS 7.0% 6.7% 6.5% 6,6% 6.5% 6.3% 5,5% 5,0% Rent Income/ Last Appraisal 3,2% Value of Leased Buildings 2014 2015 2016 2017 2018 2019 2020 2021 2022 Due to the increase in appraisal values as a result of the year-end valuation process, a decrease was recorded in the rental income / a
Slide 7: Completed Projects: Halkbank Finance Tower
COMPLETED PROJECTS HALKBANK FINANCE TOWER In 2012, we acquired this 23-floor class A office tower located near the İstanbul Financial Center Project while it was under construction, The tower has been leased to Halkbank. Being in Batı Ataşehir district, which is one of the closest areas to İstanbul
Slide 8: Completed Projects: Referans Bakırköy
COMPLETED PROJECTS REFERANS BAKIRKÖY Referans Bakırköy is Halk GYO’s first residential project. The project is developed based on a revenue sharing model in which our Company’s share is 50.5 percent. The project which carried out together with Biskon Yapı A.Ş., an association of Kiler Holding, has r
Slide 9: Completed Projects: İstanbul Levent Hotel
COMPLETED PROJECTS İSTANBUL LEVENT HOTEL İstanbul Levent Hotel is the first hospitality project in Halk GYO’s portfolio. It meets the much felt need for business hotels on Mecidiyeköy-Maslak line, Istanbul. Levent Hotel been opened since July, 2015. The project is aimed to be an environmentally frie
Slide 10: Completed Projects: Eskişehir Panorama Plus
COMPLETED PROJECTS ESKİŞEHİR PANORAMA PLUS The project located in Odunpazarı-Eskişehir, developed on an area of 9,811 sqm and covers 102 independent units consists 97 residential and 5 commercial units. The Project was completed in 2015 and all of the project was sold. Panorama Plus is the first pro
Slide 11: Completed Projects: Şekerpınar Banking Center
COMPLETED PROJECTS ŞEKERPINAR BANKING CENTER Şekerpınar Banking Center which developed on our Şekerpınar-Kocaeli land which was purchased in September 2012, has an usage area of approximately 9k sqm. Project was completed in 2015 and leased in April of the same year. Center is aimed to be an environ
Slide 12: Completed Projects: Halk Office Şekerpınar
COMPLETED PROJECTS HALK OFFICE ŞEKERPINAR Halk Office Şekerpınar located on our Şekerpınar-Kocaeli land which was purchased in September 2012, has an usage area of approximately 52k sqm. The marketing process for leasing or sale of the project still continues. Real Estate Information City : Kocaeli
Slide 13: Completed Projects: Bizimtepe Aydos
COMPLETED PROJECTS BİZİMTEPE AYDOS The Project will constructed through joint venture with Vakıf REIT. It is located on Sancaktepe, one of the most developing and popular districts of Istanbul. On the 95k sqm land, after leaving 90% of it for landscape the Project comprises 1085 independent units, b
Slide 14: Completed Projects: Şehristan Residential
COMPLETED PROJECTS ŞEHRİSTAN RESIDENTIAL In April 2016, a land of approximately 24k sqm in Erzurum/Yakutiye, of which prior proprietor was Er Konut, added into portfolio with a cost of TL 17,5 million, to develop a residential Project. The project, developed through Halk GYO-Er Konut “Ordinary Partn
Slide 15: Completed Projects: Salıpazarı Hotel
COMPLETED PROJECTS SALIPAZARI HOTEL After the best use studies, it was decided to renovate our office building Beyoğlu Salıpazarı, which is registered in one of the most historic and significant districts in Istanbul. Following the completion of the renovation started to serve as a hotel in 2018. Re
Slide 16: Ongoing Projects: Istanbul Financial Center Halk Towers
ONGOING PROJECTS iSTANBUL FINANCIAL CENTER «HALK TOWERS» Istanbul Financial Center Project, carried out under the coordination of the Ministry of Environment, Urbanization and Climate Change will gather public banks such as Ziraat Bank, Halkbank, Vakıfbank, and public institutions such as the BRSA,
Slide 17: Ongoing Projects: Evora İzmir
ONGOING PROJECTS EVORA İZMİR “Teknik Yapı – Halk GYO Joint Venture” has been established providing all profits, liability and revenue to be divided equally with Teknik Yapı A.Ş., the winner of the Revenue Sharing Model Project in Return for Land Sale Tender, made by Emlak Konut GYO A.Ş. İn 2017, for
Slide 18: Ongoing Projects: Dilovası Modern Industrial Park
ONGOING PROJECTS DİLOVASI MODERN INDUSTRIAL PARK Dilovası Modern Industrial Park, located in the triangle of Istanbul, Bursa and Kocaeli, at the very center of the development axis of the industry, is preparing to host hundreds of industrial establishments with a land size of 133,500 m2. The Project
Slide 19: Ongoing Projects: Paye Sakarya
ONGOING PROJECTS PAYE SAKARYA Paye Sakarya Project, which was implemented within the framework of the "Cooperation Protocol" signed in December 2021 between the Company and other 3rd parties, consists of 426 residences and 34 commercial units of different scales on a total land of 60,000 m sqm. Cons
Slide 20: Financial Data
FINANCIAL DATA TL – BALANCE SHEET 31.12.2021 31.12.2022 01.01.2021 01.01.2022 INCOME STATEMENT -TL 31.12.2021 31.12.2022 Current Assets 283,193,921 1,210,061,740 Revenues 104,596,247 165,280,766 Liquid Assets 53,109,547 474,985,625 Inventories 184,061,628 494,353,308 Revenues from the sale of 36,384
Slide 21: Distribution of Assets and Liabilities
DISTRIBUTION OF ASSETS AND LIABILITIES DISTRIBUTION OF ASSETS TL DISTRIBUTION OF LIABILITIES TL Buildings Lands & Projects Cash and Cash Equivalents Other Equities Deferred Income Financial Debts Other 4,578,221,287 14,307,529,731 4,578,221,287 14,307,529,731 %73 %56 %34 %72 %54 %36 %11 %12 %4 %6 %2
Slide 22: Balance Sheet Items
BALANCE SHEET ITEMS Million TL YOY 14,307 Assets 213% 10,433 Equities 216% 3,514 4,578 2,632 3,039 1,839 2,376 3,300 1,431 1,623 2,261 2,578 2,926 1,527 1,630 1,879 1,330 2014 2015 2016 2017 2018 2019 2020 2021 2022 Million TL 6602 381 321 352 379 2018 2019 2020 2021 2022 22 Investor Relations
Slide 23: Income Statement Items
INCOME STATEMENT ITEMS TL 2020 2021 2022 Revenue 151,865,863 104,596,247 165,280,766 - 36,384,119 24,910,980 Revenues from sale the of investment 84,947,637 - - properties Real Estate Sale Income 61,852,408 58,616,618 112,073,528 Rent Income 5,065,818 9,595,510 28,296,258 Financial Income -65,492,48
Slide 24: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS Increase in Value of Investment Properties House / Real 484,611,369 TL 6,736,390,942 TL Estate Sale Income 2% 1% Rent Income 12% Financial Income 8% 1% Others 2% 97% 77% 2021 2022 24 Investor Relations
Slide 25: Distribution of Main Expense Items
DISTRIBUTION OF MAIN EXPENSE ITEMS Cost of House/ 106,062,897 TL 135,262,568 TL Real Estate Sales General Administrative 5% 12% Expenses 27% 30% 22% 13% Marketing & Selling Expenses 6% Financial 26% Expenses 40% 19% Other 2021 2022 25 Investor Relations
Slide 26: 2023 Target
2023 TARGET To reach to ~ 10% ROaA ratio 26 Investor Relations
Slide 27: For further information please contact; Investor Relations
For further information please contact; Investor Relations ir@halkgyo.com.tr DISCLAIMER The information contained in this presentation has been prepared by Halk Gayrimenkul Yatırım Ortaklığı A,Ş, -Halk GYO for informational purposes only, Although the information in this presentation has been obtain
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