Business
Develia S A : Investor's report DEVELIA Group 3Q 2022
Develia S A : Investor's report DEVELIA Group 3Q
About this update from Develia S.a.
PRESENTATION FOR INVESTORS November 2022 Develia Group - Summary Q3 2022 Housing sector1,225 premises sold in Q1-Q3 2022 vs 1,500 in Q1-Q3 2021 626 premises delivered in Q1-Q3 2022 vs 1,279 in Q1-Q3 2021 1,444 new premises on the offer in Q1-Q3 2022 (construction started) 107 reservation agreements (including 28 JV) as at the end of Q3 2022 Commercial segment Letter of intent signed and negotiations over the disposal of the "Arkady Wrocławskie" building opened on 4 February 2022 Sales and purchase agreement for the disposal of Sky Tower signed by Develia on 15 March 2022 October 24, 2022 conclusion of the JV agreement with Hillwood Malin Development Logistics, LLC regarding the intention to jointly invest in the development of a logistic park with the necessary technical and road infrastructure The "Wola Retro" building prepared for disposal, commercialisation level standing at 86% Develia Group - Q3 2022 Performance Gross margins on sales in the development segment of 22.6% Consolidated net profit of PLN 50,5 m vs net loss PLN 84,8 m (Q3 2021) Consolidated net profit adjusted for total revaluation settled through profit or loss PLN 29,8 m vs PLN 88,8 m (Q3 2021) Agenda 1. Market situation 2. Housing sector 3. Commercial real property 4. Financial Data 5. Attachments www.develia.pl 1. Market situation Housing market 5 Number of building permits granted, constructions started, and flats delivered by developers on a quarterly basis Source: GUS (Central Statistical Office of Poland) Offer at the end of quarter Flats for sale and sold yearly compared with the offer Actualoffer at * Actual supply the end 2Q'2022 11,5 tys. 43,2 tys. Source: JLL,( aggregate for main biggest markets (Warsaw, Wrocław, This is an excerpt of the original content. To continue reading it, access the original document here.