Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. — Q2 2013 Earnings Presentation
16 slides from Halk Gayrimenkul Yatirim Ortakligi As's earnings presentation, 2013
Slide 1: Investing in the Future – Q2 2013 Investor Presentation
INVESTING IN THE FUTURE 2013 Q2 INVESTOR PRESENTATION
Slide 2: Halk GYO overview, shareholder structure, financials and portfolio
Halk GYO A.Ş., was established in 2010, that invests in real estates, real estate based rights, real estate projects and capital market instruments. Halk GYO completed its IPO in February 2013 and is trading on the Istanbul Stock Exchange with code “HLGYO” SHAREHOLDER STRUCTURE _ 30.06.2013 REAL EST
Slide 3: Real Estate Portfolio Distribution of Real Estate Portfolio
REAL ESTATE DISTRIBUTION OF PORTFOLIO REAL ESTATE PORTFOLIO 1.080 MillionTL Buildings 39% Lands 492,5 Million TL 47% Projects Last Appraisal Values 14% Lands & Projects 61% Establishment (October 2010) *Appraisal Values of Real Estates are used. 3
Slide 4: Halk GYO Real Estate Portfolio Regional Dispersal
HALK GYO REAL ESTATE PORTFOLIO REGIONAL DISPERSAL Dedeman Park Levent Otel İstanbul Finance Center Referans Bakırköy Kocaeli Şekerpınar Residential Project Eskişehir Residences Buildings, Lands and Projects 4
Slide 5: Balance Sheet Items
BALANCE SHEET ITEMS Thousand TL Y-o-Y 838.951 853.944 Assets 26,7% 747.182 672.771 672.434 679.653 679.034 Shareholder’s Equity 44,8% 741.360 512.210 515.764 519.173 521.317 336.074 335.497 Buildings -0,34% 335.868 335.793 335.207 334.914 318.212 303.414 311.855 292.684 293.107 308.269 Lands and Pro
Slide 6: Income Statement Items
INCOME STATEMENT ITEMS TL Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Total Revenues 4.524.610 7.591.530 7.463.324 7.227.177 8.532.067 10.052.700 Rent Income 4.073.794 6.896.228 7.000.728 6.958.874 7.053.976 7.057.301 Others 15.254 0 0 0 0 16.666 Financial Income 435.562 695.302 462.596 268.303
Slide 7: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS (TL) 10.357.895 Rent 8.635.549 Finance 7.591.530 7.481.156 7.243.188 Other %68,1 %96 4.524.610 %93 %90 %90 %81,7 %28,9 %17,1 %10 %10 %7 %3 %4 %1,2 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2.2013 7
Slide 8: Distribution of Main Expense Items
DISTRIBUTION OF MAIN EXPENSE ITEMS (TL) Personal 5.360.285 5.099.937 Finance %14,5 %14,6 4.328.791 Amortization 4.036.981 4.071.786 Advertisement %11,4 %17,1 %21,2 %59,5 Property Tax %53,7 %11,4 %56,4 Others %8,6 %54,6 %14,8 1.566.081 %5,6 %6,5 %29,5 %7,6 %6,6 %7,2 %0,7 %34,6 %1,5 %0,7 %3,5 %13,1 %3
Slide 9: Rental Income Ratios
RENTAL INCOME RATIOS 8,34% 8,30% 8,42% 8,42% 8,21% 7,77% 6,68% 6,75% 6,85% 6,65% 6,56% 6,65% Rent Income/ Buildings Book Value Rent Income/ Buildings Last Appraisal Value Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 9
Slide 10: Istanbul Finance Center
ONGOING PROJECTS İSTANBUL FINANCE CENTER As Halk GYO, we are one of the major stakeholders of the Istanbul International Finance Center Project where we will build two office towers, one with 46 floors and the other with 34 floors. The project also comprises 3 buildings each with 8 floors. The Istan
Slide 11: Dedeman Park Levent
ONGOING PROJECTS DEDEMAN PARK LEVENT The construction of the Project has begun on our land plot in Levent. It will be the first hospitality project on Halk GYO’s portfolio.The project will become one of the finest examples of urban hotels in Levent area in İstanbul. When completed, it will meet the
Slide 12: Referans Bakırköy
ONGOING PROJECTS REFERANS BAKIRKÖY Referans Bakırköy Project, developed based on revenue sharing model, is HalkGYO’s first residential project. The project is currently underway with the partnership of Biskon Yapı, an affiliate of Kiler Holding, and is rising on one of the last remaining vacant land
Slide 13: Eskişehir Odunpazarı
ONGOING PROJECTS ESKİŞEHİR ODUNPAZARI The project is currently underway in the Odunpazarı District of City of Eşkisehir, one of the fastest growing cities of Turkey. The project will be a unique component in the cityscape of Eskisehir with its 18-floor high rise tower, the tallest residential buildi
Slide 14: Kocaeli Şekerpınar
ONGOING PROJECTS KOCAELİ ŞEKERPINAR Halk GYO is also carrying out a data center and banking center in Şekerpınar district of Kocaeli on a site of 15,600 sqm. The project will consist of a data center, hospitality unit, training facilities, a conference center and other facilities. An agreement has b
Slide 15: Halkbank Finance Tower
COMPLETED PROJECTS HALKBANK FINANCE TOWER In 2012, we acquired this 23-floor Class A office tower located near the Istanbul Finance Center Project while it was under construction. The tower is leased to Halkbank for four years. Due to its premium location, this acquisition has already increased our
Slide 16: For further information please contact
For further information please contact; Investor Relations Address: Şerifali Çiftliği Tatlısu Mahallesi Ertuğrulgazi Sokak No:1 34774 Yukarı Dudullu - Ümraniye / İSTANBUL E-mail: ir@halkgyo.com.tr Phone: +90 216 600 10 25 DISCLAIMER The information contained in this presentation has been prepared by
Halk Gayrimenkul Yatırım Ortaklığı A.Ş. — Q2 2013 Earnings Presentation on 6ix