PROPERTY TOUR EUROPACITY BERLIN. September 2015



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Transcription:

PROPERTY TOUR EUROPACITY BERLIN September 2015

CA Immo in Berlin Major Landowner and Investor in Germany s Capital LOCATION EUROPACITY Acquisition of Vivico Group in 2007 gave access to high-quality inner-city land reserves in German metropolises including Berlin CA Immo s competence as a city quarter developer has shaped a new prime location around the central train station neighboring the government quarter with excellent public transport links CA Immo covers the entire development value chain: from preparation of building plots and land-use procedures to project control and construction management EUROPACITY A twofold value creation Development and retention of core office buildings Sale of (non-strategic) land reserves to investors upon zoning obtainment CENTRAL STATION ENVIRONMENT EUROPACITY Chancellery and 4 ministries CHANCELLERY GOVERNMENT QUARTER Charité (largest university hospital in Germany) BND (new secret service headquarters ) Reichstag Bayer Healthcare Museum of Modern Art and Natural History Museum 2

Europacity Berlin Key Facts MASTERPLAN Total site area approx. 40 ha Office use approx. 374,000 sqm Residential use approx. 2,000 apartments Other use (art, restaurants, community facilities, shopping) approx. 50,000 sqm Planning phase 2007 2014 Implementation of infrastructure 2013 2016 Realisation of buildings 2010 (Start of city quarter landmark Tour Total ) - 2025 EUROPACITY Reichstag 3

CA Immo Shapes New Prime Location Around Central Station 2 3 4 8 9 10 1 6 5 7 SOUTHERN PART 1 John F. Kennedy Haus (final development stage) 6 Cube office project (in planning stage) NORTHERN PART 8 Monnet 4 (final development stage) 2 Office project (plot sold) 3 InterCity Hotel (completed portfolio) 4 Steigenberger Hotel (plot sold) 7 Baufeld 03/KPMG (planned construction start in autumn 2015) 9 Tour Total (completed portfolio) 10 Stadthafen residential project (sale of plots) Further zoning processes ongoing 5 Meininger Hotel (plot sold) 4

Tour Total: Europacity Landmark Building Fair value 68 m Lettable area approx. 17,000 sqm Investment volume 55 m Gross yield 5.4% Yield on cost at completion 6.8% Occupancy 100% Headquarters of Total Germany 5

Monnet 4 Book value 24 m Yield on cost 5.7% Lettable area 8,200 sqm Investment volume c. 29 m Main tenants: MLP, AdTran Occupancy: 70% Final completion stage finishing works and handover of rental areas ongoing 6

InterCity Hotel Fair value 60 m Lettable area approx. 19,800 sqm (412 rooms) Investment volume 53 m Lease contract of 20 years Green building Largest InterCity Hotel 7

John F. Kennedy - Haus Market value 75 m Lettable area 17,800 sqm Investment volume approx. 70 m Yield on cost 6.2% Main tenants: White & Case, JLL, Airbus, Regus, Expedia Occupancy: 70% Final completion stage handover of rental areas ongoing 8

New Development Baufeld 03/KPMG Phase 1 Investment volume 58 m Rentable area approx. 12,000 sqm Main tenant KPMG (100%) Planned construction start autumn 2015 Planned completion 4Q 2017 PHASE 2 Phase 2 Adjacent high-rise building Planned construction start in 2017 Increase of total lettable area up to 40,000 sqm KPMG to concentrate Berlin office activities at location PHASE 1 9

Landbank RESIDENTIAL QUARTER Site area approx. 6.2 ha, thereof: Roads approx. 11,300 sqm Net building land approx. 50,700 sqm Floor space approx. 157,000 sqm Mixed uses alongside Heidestraße, predominately residential alongside canal 10

Portfolio Berlin Growing Portfolio Segment Assets in Berlin account for approx. 15% of the total property portfolio (fair value of around 507 m) In terms of yielding assets, the Berlin exposure accounts for approx. 12% (fair value of around 349 m) Hallesches Ufer ( 18 m) All standing assets are well let with an occupancy > 90% High portfolio quality driven by own developments New project start with KPMG as anchor tenant ( 58 m investment volume) in autumn 2015 3 Spreebogen ( 65 m) TOTAL PORTFOLIO ( M) INVESTMENT PORTFOLIO ( M) 507 15% 349 12% 1 2 3 2,950 85% Other Berlin 2,578 88% Other Berlin 1: Koenigliche Direktion (FV 41 m, 98% let); 2: Hallesches Ufer (FV 18 m, 90% let); 3: Spreebogen (FV 65 m, 90% let) 11

Investor Relations Contact Details Christoph Thurnberger Head of Capital Markets Florian Nowotny CFO Tel.: +43 (1) 532 59 07 504 Tel.: +43 (1) 532 59 07 518 E-Mail: christoph.thurnberger@caimmo.com E-Mail: florian.nowotny@caimmo.com www.caimmo.com/investor_relations/ DISCLAIMER This presentation handout serves marketing purposes and constitutes neither an offer to sell, nor a solicitation to buy any securities of CA Immobilien Anlagen Aktiengesellschaft, nor investment advice nor financial analysis. Any public offer of securities of CA Immobilien Anlagen AG will be undertaken solely by means and on the basis of a prospectus prepared and published in accordance with the provisions of the Austrian Capital Markets Act and approved by the Austrian Financial Market Authority. If a public offer is undertaken in Austria, a prospectus will be published copies of which will be available free of charge at the business address of CA Immobilien Anlagen Aktiengesellschaft, Mechelgasse 1, 1030 Wien, during regular business hours and on its website www.caimmo.com. This presentation handout contains forward-looking statements but also highly sensitive information. Such statements are based on current expectations and certain presumptions and are therefore subject to certain risks and uncertainties. A variety of factors, many of which are beyond the control of CA Immobilien Anlagen Aktiengesellschaft, affect its operations, performance, business strategy and results and could cause the actual results, performance or achievements of the company to be materially different. Should one or more of these risks or uncertainties materialise or should underlying assumptions prove incorrect, actual results may vary materially, either positively or negatively, from those described in the relevant forward-looking statement as expected, anticipated, intended planned, believed, projected or estimated. CA Immobilien Anlagen AG does not intend or assume any obligation to update or revise these forward-looking statements in light of developments which differ from those anticipated. This presentation handout is addressed exclusively to persons legally entitled to receive it. This presentation handout is not for distribution in or into the United States of America and must not be distributed to U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended ("Securities Act")) or publications with a general circulation in the United States. This presentation handout does not constitute an offer or invitation to purchase any securities in the United States. The securities of the Issuer have not been registered under the Securities Act and may not be offered, sold or delivered within the United States or to U.S. persons absent from registration under or an applicable exemption from the registration requirements of the United States securities laws. There will be no public offer of securities of the Issuer in the United States. This presentation handout is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this presentation handout relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This handout is not intended for publication in the United States of America, Canada, Australia or Japan. 12