Kuwait Financial Centre KPSC · KSE:MARKAZ
Kuwait Financial Centre KPSC — Investor Presentation (January 2023)
32 slides from Kuwait Financial Centre KPSC's investor presentation, January 2023
Slide 1: Markaz Real Estate Profile
Markaz Real Estate Profile Asset Management | Investment Banking January 2023
Slide 2: Contents
Contents Markaz Overview ....................................................... 3 Real Estate Overview ................................................7 Regional Funds and Portfolios .................................... 11 Flagship Fund - MREF................................................ 14 Deve
Slide 3: Markaz has established a leading presence since its creation in 1974
Markaz has established a leading presence since its creation in 1974 A leading asset management and investment banking institution in both Kuwait & region Vision The choice for wealth creation AUM We manage over USD 3.2 billion We build sustainable wealth for our clients High net worth individuals,
Slide 4: Markaz has established a leading presence since its creation in 1974
Markaz has established a leading presence since its creation in 1974 A leading asset management and investment banking institution in both Kuwait & region Vision The choice for wealth creation AUM We manage over USD 3.2 billion We build sustainable wealth for our clients High net worth individuals,
Slide 5: We cater to our client base through a diverse set of offerings
We cater to our client base through a diverse set of offerings Our main activities are Asset Management, Investment Banking, Real Estate & Research Research Economic and Policy Research Consulting Services Investment Banking Mergers and Acquisitions Advisory Equity and Debt Capital Markets
Slide 6: A journey of over 46 years of wealth creation and sustainable growth
A journey of over 46 years of wealth creation and sustainable growth Continuous launch of innovative, award winning and market leading products 1974 1988 2003 2008 2020 Company Established Opened Margulf, US based Launched Markaz Real Estate Fund – Stand alone department for Real estate AUM of circa
Slide 7: Real Estate Overview
Real Estate Overview 7
Slide 8: We manage circa USD 1.5 billion of real estate regionally & globally
We manage circa USD 1.5 billion of real estate regionally & globally A dedicated team of professionals with a hands on management approach Our Services Our Markets Our Pillars Real Estate Real Estate Proven Processes Strong Governance Asset Management Development Real Estate Property Leadership in n
Slide 9: A prudent & tested investment approach across different markets
A prudent & tested investment approach across different markets Investments driven by market dynamics and fundamental analysis Strategy Agnostic Established Partnerships We have invested into core, core+, We have established long standing value add and opportunistic real estate relationships with le
Slide 10: Strong leadership with a combined experience of over 100 years
Strong leadership with a combined experience of over 100 years Executives with vast experience covering the entire real estate value chain Ali Khalil Bassam Al Othman Sami Shabshab Chief Executive Officer MD - Real Estate, MENA President Mar-Gulf 30+ years of experience 25+ years of experience MD Re
Slide 11: Regional Funds and Portfolios
Regional Funds and Portfolios 11
Slide 12: Managing real estate funds and portfolios in Kuwait and GCC
Managing real estate funds and portfolios in Kuwait and GCC Currently manage two funds with a total size of USD 280 million and tailor-made portfolios including the 800m USD National Real estate portfolio for the Kuwait Investment Authority Funds & Portfolios We currently manage funds & portfolios a
Slide 13: A comprehensive, scalable & transferable fund infrastructure
A comprehensive, scalable & transferable fund infrastructure A tested and established operating model with over 20 years of track record Activities Structuring Placements Acquisitions Asset Dispositions Strong history and Internal capabilities Prudent due Management Timely sale of track record of co
Slide 14: Flagship Fund - MREF
Flagship Fund - MREF 14
Slide 15: MREF is a REIT-like open ended Shariah compliant fund with monthly distributions
MREF is a REIT-like open ended Shariah compliant fund with monthly distributions Launched in 2002, MREF includes c.400 investors with a minimum subscription of 100 units (c. USD 400 at current NAV) Markaz Real Estate Fund “MREF”, was established in 2003 as a REIT years before legislation was present
Slide 16: Development Activity
Development Activity 16
Slide 17: A hands-on approach to our regional real estate development activity
A hands-on approach to our regional real estate development activity Successfully completed over 12 projects across the MENA during the past 12 years Income Producing / Exit Active management post handover to ensure fast stabilization and timely exit 1 2 3 4 5 Design & Permitting Execution - Cost Ex
Slide 18: KSA & UAE Presence
KSA & UAE Presence 18
Slide 19: Successfully completed over USD 170 million of transactions in the UAE
Successfully completed over USD 170 million of transactions in the UAE An established presence in UAE through a wholly-owned local subsidiary Development Investments We are active investors into development projects in the UAE and have successfully completed over USD 140 million of projects Local Pr
Slide 20: Successfully completed over USD 150 million of transactions in the KSA
Successfully completed over USD 150 million of transactions in the KSA An established presence in KSA through a wholly-owned local subsidiary Development Investments We are active investors into development projects in the KSA and have successfully developed over USD 100 million of projects Local Pr
Slide 21: KSA Developments
KSA Developments Al Rihab Development - Riyadh Bandariyah Pearl Development - Al Khobar Al Nawras - Al Khobar Residential compound consisting of Residential development consisting of 82 Residential development consisting of 144 residential units (32 villas and 112 apartments 54 villas apartmen
Slide 22: UAE Developments
UAE Developments Board Walk Development - Abu Dhabi Parkside Development - Abu Dhabi Vezul Tower - Dubai Residential development consisting of Residential development consisting of Residential development consisting 35 apartments 165 apartments of 149 apartments Development cost ≈ $ 20 milli
Slide 23: Kuwait Developments
Kuwait Developments Al Nada Tower - Kuwait Al Maha Tower - Kuwait Residential compound consisting of 75 Residential development consisting apartments of 59 apartments Development cost ≈ $ 45 million Development cost ≈ $ 35 million Completion Date = November 2019 Completion Date = Februar
Slide 24: Beirut Developments
Beirut Developments Clemenceau - Beirut Convivium VII - Beirut Residential compound consisting Residential development of 34 apartments consisting of 34 apartments Development cost ≈ $ 57 million Development cost ≈ $ 2 million Completion Date = November Completion Date = February 2014 20
Slide 25: International Development Program
International Development Program 25
Slide 26: Launched an industrial focused development program in USA & Europe
Launched an industrial focused development program in USA & Europe Completed over 25 TRANSACTIONS for a total value of USD 620 million during the past 7 years Highly experience team with over 100 years An active and ongoing program that is witnessing of experience in the USA & Europe unprecedented s
Slide 27: Key International Developments
Key International Developments Amazon BTS Program - Germany RWC BTS - USA Industrial Development Program - 4 industrial assets develop for Industrial asset built for a manufacturing USA + Europe amazon across various locations in company in the US Over 20 industrial developments Germany Deve
Slide 28: Annex: Track Record (Development Projects)
Annex Track Record (Development Projects) 28
Slide 29: Industrial Developments
Industrial Developments Project Name Market Ty Startes Cost 1 Westport 15 & 16 Texas , USA Industrial 1994 1999 $3,100,000 6,503 sq.m 2 Doerr Lane Texas , USA Industrial 2014 2017 $11,500,000 19,868 sq.m 3 Parc Post Nevada , USA Industrial 2015 2017 $15,400,000 15,262 sq.m 4 DFW Industrial Texas , U
Slide 30: Commercial Developments
Commercial Developments Project Name Type Started Exited 1 Lake Fairfax 4&8 Virginia , USA Office 1995 1996 $1,400,000 17,651 sq.m 2 Pacifica Court California , USA Office 1999 2006 $18,000,000 9,941 sq.m 3 Umm Al Summaq Jordan , MENA Office 2008 2018 $3,400,000 3,114 sq.m 4 Freeport 9 Texas , USA O
Slide 31: Residential Developments
Residential Developments 31
Slide 32: Thank you.
Thank you. +965 2224 8000 | [email protected] markaz.com
Kuwait Financial Centre K.P.S.C. (Markaz) — Investor Presentation (January 2023) on 6ix