Union Properties (p.j.s.c) · DFM:UPP
Union Properties (p.j.s.c) — Non-Deal Roadshow (October 2015)
23 slides from Union Properties (p.j.s.c)'s roadshow presentation, Oct 20, 2015
Slide 1: Union Properties PJSC - Presentation for DFM Road Show
All information, financial or otherwise, contained & presented herein, is based on indicative approximation, and included herein for preliminary presentation purposes only, and must not be considered investment advice or for any solicitation purposes. All information contained & presented herein is
Slide 2: Table of Contents
Table of Contents Executive Summary Development Pipeline Financial Highlights Executive Management
Slide 3: Executive Summary
Executive Summary Overview Snapshot 2009 to 2014 Organizational Structure Subsidiaries, JVs & Properties
Slide 4: Overview
Overview Union Properties PJSC (UP) is the UAE’s first publicly listed property development company, and celebrated 20 years of growth in 2012. As one of the UAE’s leading property developers and investors it has to its credit such landmark developments as Green Community, MotorCity, Index Tower, Li
Slide 5: Snapshot 2009 to 2014
Snapshot 2009 to 2014 At the peak of the financial crises in 2009, UP was beset with AED10 Billion of uncompleted development projects, AED7 Billion of bank debt, mark-to-market losses, and negative EPS. Under a new board & management, UP has turned a complete circle, successfully restructured itsel
Slide 6: Organizational Structure
Organizational Structure Board of Audit Com. NRC Directors General Joint Subsidiaries Manager Ventures Property IT HR / Admin Finance Management Projects • UP’s ownership is very widely held, with over 10,000 shareholders. • Ownership limit for Non-UAE nationals was increased in 2014 from 15% to 25%
Slide 7: Subsidiaries, JV's and Properties
Subsidiaries, JV’s and Properties Subsidiaries Joint Ventures Properties Thermo Properties Investment Rental Properties Electro Mechanical Contracting Community Development Edara Emicool Uptown Mirdiff Project Management District Cooling The Fitout MotorCity Interior Design & Fitout ServeU Facilitie
Slide 8: Development Pipeline
Development Pipeline Vertex Towers (Residential) Oia (G+5 Residential) The Link & 4 Star Hotel The Ribbon UpTown Mirdiff Retail Green Community West at DIP
Slide 9: Development Pipeline
Development Pipeline AED m Vertex Towers 1,200 Oia 500 The Link & 4* Hotel 350 The Ribbon 50 UpTown Mirdiff Retail 50 Green Community West at DIP 800 TOTAL DEVELOPMENT PROJECTS 2,950
Slide 10: The Link & 4* Hotel, The Ribbon, Vertex Towers, Oia
The Link & 4* The Ribbon Hotel Vertex Towers Oia (G+5)
Slide 11: Vertex Towers (Residential)
Vertex Towers (RESIDENTIAL) 5 high-end residential towers, with approx 700+ units, & 1.3m GFA, Project Overview: in a mix of villas, apartments & quality retail / F&B outlets
Slide 12: Oia (G+5) (Residential)
Oia (G+5) (RESIDENTIAL) Project Overview: 2, 3 and 4 bedroom high-end apartments, 480,000 GFA
Slide 13: The Link & 4 Star Hotel (Retail & Hotel)
The Link & 4 Star Hotel (RETAIL & HOTEL) Mixed use retail, F&B, hospitality & entertainment development. Project Overview: Approx. 350,000 square feet.
Slide 14: The Ribbon (Retail)
The RIBBON (RETAIL) Project Overview: 40,000 square feet of upscale retail & F&B outlets
Slide 15: Uptown Mirdiff (Retail)
Uptown Mirdiff (RETAIL) Project Overview: Refurbishment & Expansion of existing shopping centre
Slide 16: GCW Extension DIP (Residential)
GCW Extension DIP (RESIDENTIAL) Project Overview: 210+ villas, 16 apartments & retail.
Slide 17: Financial Highlights
Financial Highlights Union Properties YZ Ay Laat! sls
Slide 18: Financial Highlights 2007 to 2014
Financial Highlights 2007 to 2014 AED Millions 2014 2013 2012 2011 2010 2009 2008 2007 Net Profit / (Loss) 865 1,580 176 (1,570) (1,529) (498) 763 684 Year-On-Year movement -45% 798% 111% -3% -207% -165% 12% Finance Expense 65 89 161 360 284 163 66 71 Year-On-Year movement -27% -45% -55% 27% 74% 147
Slide 19: Balance Sheet Summary 2008 to 2014
Balance Sheet Summary 2008 to 2014 AED Millions 2014 2013 2012 2011 2010 2009 2008 Non Current Assets 6,793 5,920 6,551 6,585 10,250 14,153 15,879 Current Assets 1,706 1,532 2,541 2,592 4,638 3,312 3,341 TOTAL ASSETS 8,499 7,452 9,092 9,177 14,888 17,465 19,220 Current Liabilities 1,904 2,041 3,134
Slide 20: Executive Management
Executive Management Union Properties Ay Laat! sls
Slide 21: Executive Management
Executive Management Khalid Kalban • Chairman of the Board of Directors, Union Properties PJSC • Business Administration degree from Metropolitan State College, USA • Managing Director & Chief Executive Officer of Dubai Investments PJSC since 1998 • Currently Director of the Board for National Insur
Slide 22: Executive Management
Executive Management Isam Ababneh • Director of Development Projects • Responsible for all new & existing development projects at Union Properties • MSc in Civil Engineering from University of Chicago, and BSc from University of Jordan • Extensive in-depth experience in the US & the Middle East in a
Slide 23: Thank You
Thank You Union Properties YZ Ay Laat! sls
Union Properties PJSC — Non-Deal Roadshow (October 2015) on 6ix