Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. (Halk GYO) — Q3 2022 Earnings Presentation
26 slides from Halk Gayrimenkul Yatirim Ortakligi As's earnings presentation, 2022
Slide 1: Investor Presentation 2022 Q3
v INVESTOR PRESENTATION 2022 Q3
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 September 30, 2022; Halk G
Slide 3: Real Estate Portfolio Distribution
REAL ESTATE DISTRIBUTION OF PORTFOLIO PORTFOLIO TL 9.4 Billion Buildings 22% TL 492.5 Million Projects 78% Last Appraisal Values Establishment Appraisal Values 3 Investor Relations
Slide 4: Real Estate Portfolio Regional Dispersal
REAL ESTATE PORTFOLIO İstanbul «Salıpazarı Hotel» REGIONAL DISPERSAL İstanbul “Bizimtepe Aydos” İstanbul İstanbul InternationFinancial Center “Levent Hotel” «Sakarya Adapazarı «Halk Towers» Project» Kocaeli İstanbul “Şekerpınar Office Buildings” “Referans Bakırköy» Kocaeli Erzurum “Dilovası Project”
Slide 5: Real Estate Portfolio Table
REAL ESTATE PORTFOLIO TABLE PORTFOLIO Fair Value -TL 1Calculated according to the expected total sales January - September volume 1.7 billion TL, which is committed on the PROJECTS Current Status Rent Income -TL project tender. It is not included in the portfolio IIFC «Halk Towers» In Construction 6
Slide 6: Rental Income Ratios
RENTAL INCOME RATIOS 8,6% 6.5% 7.0% 6.5% 6.7% 6,6% 6.3% Rent Income/ 5,5% Last Appraisal 5,0% Value of Leased Buildings 2014 2015 2016 2017 2018 2019 2020 2021 2022 Q3 6 Investor Relations
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 International 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 area
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: Istanbul 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» The 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 BR
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: Financial Data
FINANCIAL DATA TL – BALANCE SHEET 31.12.2021 30.09.2022 01.01.2021 01.01.2022 INCOME STATEMENT -TL 30.09.2021 30.09.2022 Current Assets 283,193,921 695,253,809 Revenues 76,938,655 121,221,592 Liquid Assets 53,109,547 159,216,601 Revenues from the Sale of Inventories 184,061,628 414,374,849 29,392,37
Slide 20: 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 9,604,315,680 4,578,221,287 9,604,315,680 %72 %74 %72 %54 %20 %36 %6 %22 %11 %8 %9 %
Slide 21: Balance Sheet Items
BALANCE SHEET ITEMS Million TL YOY Assets 110% 9,604 Equities 116% 7,114 4,578 3,039 3,514 2,632 3,300 1,839 2,376 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 Q3 Million TL 3281 71 48 31 27 2018 Q3 2019 Q3 2020 Q3 2021 Q3 2022 Q3 21 Investor Rel
Slide 22: Income Statement Items
INCOME STATEMENT ITEMS 2020 January – 2021 January - 2022 January - TL September September September Revenue 132,368,578 76,938,655 121,221,592 Revenues from sale the of investment - 29,392,373 10,758,833 properties Real Estate Sale Income 82,271,566 - - Rent Income 47,131,475 40,291,110 45,822,755
Slide 23: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS Increase in Value of Investment Properties House / Real 80,053,862 TL 3,358,992,374 TL Estate Sale Income 4% 2% Rent Income 9% Financial Income Others 50% 37% 96% 2021 January - September 2022 January - September 23 Investor Relations
Slide 24: Distribution of Main Expense Items
DISTRIBUTION OF MAIN EXPENSE ITEMS Cost of House/ 52,586,024 TL 77,099,460 TL Real Estate Sales General Administrative 8% Expenses 21% 30% Marketing & 47% 32% Selling 7% Expenses Financial 31% Expenses 6% Other 6% 7% 2021 January - September 2022 January - September 24 Investor Relations
Slide 25: 2022 Target
2022 TARGET To reach to ~ 40% ROaA ratio 25 Investor Relations
Slide 26: 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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