Castellana Properties Socimi Sa · BME:YCPS
Castellana Properties Socimi Sa — Castellana Properties — H1 FY2023 Earnings Presentation
9 slides from Castellana Properties Socimi Sa's earnings presentation, September 2022
Slide 1: H1 FY2023 Pre-Close Presentation
H1 FY2023 APRIL 2022 - SEPTEMBER 2022 PRE-CLOSE PRESENTATION
Slide 2: Footfall and Sales Index
FOOTFALL AND SALES INDEX OUR ACTIVE ASSET MANAGEMENT INITIATIVES ARE REFLECTED IN THE ∕ Footfall: during the 1st half of the year has varied by asset, but POSITIVE PERFORMANCE VS THE BENCHMARK remained close to or above 2019. Portfolio is at 96.6% YTD (Year To Date) in August 2022 versus August 2019
Slide 3: Sales Detail
SALES DETAIL SALES YTD AUG’22 VS YTD AUG’19 ∕ Total YTD AUG’22 portfolio variation vs YTD AUG’19: +11.1% 80.0% ∕ DIY (Leroy Merlin and Bricomart) and Pets (Kiwoko and Tienda 69.9% Animal) account for 27% of total sales (YTD AUG’22) 60.0% 59.8% ∕ More than 50% of the retail categories are performing
Slide 4: Operating Activity
OPERATING ACTIVITY (2) OCCUPANCY RATE 98.4% KEEPING UP THE PACE IN CLOSING NEW AGREEMENTS AND RENEWALS KEY KPI´S YTD 31st August 2022 96 €4.1m OCCUPANCY 31 AUGUST LEASES SIGNED NEW RENT SIGNED 2022 98.4% 31 AUGUST 2021 97.1% 48 48 €2.3m €1.8m RENEWALS NEW CONTRACTS RENEWALS NEW CONTRACTS RENT ARREAR
Slide 5: CPI Indexation Environment
CPI INDEXATION ENVIRONMENT ALL CASTELLANA LEASES ARE INDEXED TO CPI YOY VARIATION IN ∕ CPI in Spain is currently at its highest level seen since 1984 EVERY ANNIVERSARY OF THE LEASE ∕ As per Castellana´s existing lease agreements, the landlord is entitled to increase rental by CPI for close to 100% o
Slide 6: Trading Environment
TRADING ENVIRONMENT ∕ The Castellana portfolio continues to exhibit a strong trading performance, with high occupancy, minimal arrears, demand for space from retailers and robust footfall and sales across all assets ∕ Leading brands remain eager to expand despite anticipated slowdown. Large retailer
Slide 7: Investment in Lar España
INVESTMENT IN LAR ESPAÑA ∕ Lar España continues to perform well as a financial investment ∕ Key property metrics reported by the company in H1 2022 point to a strong recovery in trading similar to what we see in our own portfolio ∕ We strongly believe the current share price does not reflect the str
Slide 8: Castellana Properties Recognition
CASTELLANA PROPERTIES RECOGNITION ∕ Castellana Properties consolidates its leading market position at Europe’s most prestigious real estate awards ∕ The company obtained the top award in both the category recognising accuracy and transparency in financial reporting (BPR) and in the sustainability be
Slide 9: deh
deh CASTELLANA PROPERTIES Rubén Dario, 3 28010 Madrid (+34) 91 426 86 86 www.castellanaproperties.es
Castellana Properties — H1 FY2023 Earnings Presentation on 6ix