Inhouse project development Opportunities and limitations

Transcription

1 Dr. Zsolt Sluitner Inhouse project development Opportunities and limitations siemens.com/answers

2 Siemens A global player With sales of 80 billion EUR and a workforce of 360,000 is part of the Siemens Group Energy Industry Healthcare Infrastructure & Cities Cross Sector Units Financial Services Page 2

3 Siemens is represented in more than 200 countries SRE is in charge of the real estate portfolio of 15.8 million m² Germany 118, Americas 33% 37% Asia, Australia 78,000 22% % Europe, CIS, Africa, Middle East (excl. Germany) 64,000 18% % 102, % 27% Employees Area (in millions of square meters) All figures refer to continuing activities; as of September, 30 th 2013 Page 3

4 At a glance 2013 Sales (in billion EURO) 2.5 Net income (in million EURO) 171 Employees (incl. restaurant & services) approx. 3,708 Assets under Management (in billion EURO) 6.5 Land area (in million m 2 ) ) Building space (in million m 2 ) ) Without leased/without received hereditary building right total site area Page 4

5 Our Mandate and Mission stands for uniform and comprehensive real estate management at Siemens optimized use of resources support for the Sectors and Divisions in developing their market position using custom real estate strategies and solutions "SRE drives Siemens' profitability as a trusted business partner through real estate and related services" Page 5

6 Corporate Real Estate The full range of activities Strategic portfolio management Asset and property management Site selection Leasing and letting Purchase/sale of space Sustainability strategy Planning and construction of offices and production facilities Location concepts and site development Facility management Financing concepts Working concepts Page 6

7 or buy decision is driven by financial and corporate aspects Buy Investor Capital spending Financials Cash Balancing Proceeds from disposals IBIT Net Cash Net Cash (disc.) Positive corporate business case Additional criteria Own development Page 7 Siemens business outlook Real estate market Customer requirements others Maturity of market, supply and demand Organic vs. un-organic growth, consolidation szenario Flexibility, total occupancy costs, low cost products Land use rights restrictions, compliance, quality and capacity of resources

8 Investment volume more than 1 billion over three years Overview new construction () FY 2012 FY 2013 FY 2014 FY 2015 Outlook Capex1) new construction in Number of completed projects Space handed over to customer m² m² m² 96.0 m² Page 8 1) Capital Expenditures for construction

9 Construction projects worldwide Office The Crystal, London, UK Global Urban Sustainability Center Customer Infrastructure and Cities Sector Space 6,300 m² Oslo, Norway Office building (built-to-suit) Customer Regional Company Norway Space 18,000 m² Forchheim, Germany Healthcare global HQ (office and development) Customer Healthcare Sector Space 66,000 m² Buy Rio de Janeiro, Brasil R&D Center Customer Energy Sector Space 8,300 m² Masdar City, Abu Dhabi, UAE Office building fit-out Customer Regional Company UAE Space 12,000 m² Shanghai, China Office site expansion Customer Regional Company CHN Space 17,500 m² Page 9 Buy

10 Construction projects worldwide Industrial Aalborg, Denmark Plant expansion Customer Energy Sector Space 20,500 m² St. Petersburg, Russia New build, manufacturing facility gas turbines, office Customer Energy Sector Space 21,200 m² Krefeld, Germany Logistics center expansion Customer Infrastructure and Cities Space 25,000 m² Buy Khalif, Saudi Arabia New build, manufacturing facility Customer Energy Sector Space 13,000 m² Yizheng, China New build, motor production (M3 factory) Customer Industry Sector Space 87,000 m² Berlin, Germany New build, production halls Customer Energy Sector Space 22,000 m² Page 10

11 Optimization of resources or buy Clear allocation of responsibility One Corporate Memory - global real estate expertise One Knowledge Hub for concept design, programming, budgeting Optimal use of resources allied with local market knowledge Rapid model prototyping run by experts Governance/ Strategy Cost accuracy Contract strategy via selected partners Execution Buy Local resources focus on Project Management Local resources involvement from project start Local expertise ensured from project start Page 11

12 Construction excellence Goals Approach 15 % 5 % Serial construction & Lean management, planning and construction CAPEX 1) OPEX 2) 20 % Page 12 Time Blueprints Standardized modular design Toolbox Selected partners Strategic procurement Implementation concept 1) Capital Expenditures for construction 2) Operational Expenditures p.a.

13 Standard Office and Industrial Types OFFICE TYPES A, B, C based on market levels A advanced B business C compact Siemens Headquarters Representative headquarters 1) > / m² Forchheim Primarily administrative functions approx / m² Chengdu Production & research-related offices approx / m² 1) 1) FACTORY TYPES 1 5 based on production process requirements Heavy Electrical 1 Machining Railways machining 2 3 products 4 5 Wind power Page 13 1) Investment costs (cost groups )

14 New Headquarters Siemens Group, Munich Key Data View Altstadtring Siemens HQ Kalenderjahre 2010 Siemens 2014 HQ Construction site View Atrium Page 14

15 Siemens Campus Erlangen Investment volume of approx. 500 million Key Data Modular development and realization Office space reduction and occupancy costs Timeline Space reduction (m²) as is -30% new Occupancy costs ( ) as is -11% new >> Projektvorbereitung: ab 2013 >> Baubeginn: 2016 Vorbereitung Modul j - k Modul l - n Wohnen o Option p Page 15

16 Inhouse project development means bridging customer requirements with the real estate market" Page 16