IRSA Inversiones y Representaciones SA · BCBA:IRSA.CI
IRSA Inversiones y Representaciones SA — Investor Presentation (September 2021)
19 slides from IRSA Inversiones y Representaciones SA's investor presentation, September 2021
Slide 1: Institutional Presentation IVQ 2021
I N S T I T U T I O N A L P R E S E N TAT I O N IVQ 2021 1
Slide 2: About Us
ABOUT US LEADING REAL ESTATE COMPANY IN ARGENTINA 30 years acquiring, developing and operating real estate. Rental Portfolio of more than 500,000 sqm of GLA. UNIQUE PORTFOLIO OF ASSETS Controlling shareholder of IRCP, leader in Shopping Malls and Offices in the country (80% Stake). Owner of 3 premiu
Slide 3: Our Strategy
OUR STRATEGY OPERATING PROFITABILITY INNOVATION AND GROWTH SUSTAINABILITY Our premium locations and our Pioneers in innovative real estate We are part of the communities where leadership position in Argentina, developments in Argentina due to their our business units operate. We plan for together wi
Slide 4: Malls' Portfolio
MALLS’ PORTFOLIO 15 # Malls 336,000 67% GLA sqm BA City Market Share 4 4
Slide 5: Office Portfolio
OFFICE 2 0 0 D E L L A PA O L E R A PORTFOLIO Dot Building Philips 7 Zetta 200 Della Paolera # Office buildings Suipacha 113,000 10% República GLA sqm BA City Market Share Intercontinental Expanding Corporate North Area Business Center AAA Location Back Office Center 30 Floors 35,000 SQM OF GLA 316
Slide 6: Office Buildings
OFFICE BUILDINGS ACTIVE PORTFOLIO MANAGEMENT F L I G H T TO Q UA L I T Y S T R AT E G Y CAPITAL CONTROLS CAPITAL CONTROLS Intercontinental Della Paolera Boston 200 Della Paolera 5,000 261 Tower Acquisitions 4,500 Sales A+ Offices prices Maipú Bouchard 710 USD/sqm Rulero Intercontinental Boston Tower
Slide 7: Hotel Portfolio
HOTEL PORTFOLIO 3 18.9% 15 IRSA stake in Condor Premium hotels in Argentina hotels 79,000 8 sqm states across US 718 1,908 rooms rooms 7 7
Slide 8: Properties for Mixed Use Developments
Caballito (BA city) PROPERTIES FOR MIXED U S E D E V E LO P M E N T S San Martin (BA province) 18 17.4 Polo Dot (BA city) # Land Reserves Total surface (mm sqm) 900k sqm 6.2 COSTA URBANA PROJECT (FORMER SANTA Buildable surface MARÍA DEL PLATA) (mm sqm) Puerto Madero – BA city Capacity to almost doub
Slide 9: Costa Urbana Project (former Santa María del Plata)
COSTA URBANA PROJECT ( F O R M E R S A N TA M A R Í A D E L P L ATA ) R E C E N T B A C I T Y C O N G R E S S F I R S T A P P R O VA L O N O U R M A I N P R O J E C T Premium location South Puerto Madero Urbanization area Pedestrian walkways and access points Public and green space 70 67% For public
Slide 10: Investment in Banco Hipotecario
INVESTMENT IN BANCO HIPOTECARIO Private Sector Loan Diversification 1,2 In ARS mm Full-service commercial bank, focused on household and consumer credit 59.354 56.936 48.448 51.056 8.679 More than 130 years track record Consumer 17.206 Commercial Nationwide network of 63 branches in 23 provinces Mor
Slide 11: Environmental Commitment
ENVIRONMENTAL LEED GOLD CERTIFICATION FOR OFFICE BUILDINGS Zetta building, opened in 2019, in the north area of Buenos Aires COMMITMENT City, has LEED Gold Core & Shell certification. 200 Della Paolera building, recently opened, has the characteristics to obtain LEED Gold Core & Shell Certification.
Slide 12: Social Responsibility
SOCIAL RESPONSIBILITY We are part of the communities where our business units are based • We frequently organize CSR actions in malls and offices to disseminate and make visible the topics of interest of the society in general, such us inclusion and assistance to those most in need. • During 2020, a
Slide 13: Financials
FINANCIALS S T R O N G F I N A N C I A L T R A C K R E C O R D 13
Slide 14: Rental Assets Valuation
RENTAL ASSETS VALUATION A N N UA L E VO LU T I O N EVOLUTION BY TYPE OF ASSETS EVOLUTION PER SQM (USD MILLION) (USD) 6.401 5.757 OFFICIAL 2.064 2.064 5.290 FX 5.081 296 337 1.721 1.495 4.003 4.032 4.011 3.979 334 3.740 1.267 4.035 3.718 BLUE CHIP 1.257 SWAP 459 827 2.431 1.769 1.728 725 2.007 1.387
Slide 15: Net Asset Value
NET ASSET VALUE JUNE 30, 2021 - USD MILLION 1,460 GAV 1,159 NAV 20.6% LTV 301 387 27 56 1.460 1.159 990 1 1 2 IRCP NAV Hotels Banco Hipotecario Landbank & Others Gross Asset Value Net Debt Net Asset Value 1. Book value as of June 30, 2021 2. Book value as of June 30, 2021. “Others” includes properti
Slide 16: Capital Increase
CAPITAL INCREASE 80.0 million shares USD 28.8 million (79.1 million preemptive right subscription & 0.9 million from accretion rights) +19% 658.7 million shares Funds received oversubscribed IRSA new capital stock + 80.0 million warrants for 80 million additional new shares April 16, 2021 USE OF Rec
Slide 17: Debt Profile
DEBT PROFILE JUNE 30, 2021 - USD MILLION Credit Rating upgrade Description Amount Maturity 301 Stand Alone Net Debt From A to AA By FIX (affiliate of Fitch Ratings) Short term debt 0.6 <360 days AMORTIZATION SCHEDULE Series VI 2.5 Jul-21 DOES NOT INCLUDE INTERCOMPANY DEBT Series VII 33.7 Jan-22 Seri
Slide 18: Group Capital Markets Track Record
GROUP CAPITAL MARKETS TRACK RECORD NUMBER OF TRANSACTIONS AMOUNT ISSUED GROUP LISTED VEHICLES NON-DEFAULT HISTORY +200 +USD 18bn 5 New York, Buenos Aires, & Sao Paulo Even in the worst Argentinean crisis (2001) IRSA IPO APSA IPO (now IRCP) CRESUD FOLLOW LIABILITY LOCAL MARKET DOLLAR ON MANAGEMENT LI
Slide 19: Contact Us
CONTACT US OUR ADRESS OUR EMAIL OUR PHONE OUR WEBSITE TWITTER Della Paolera 261 9th floor [email protected] (+54) 911 4323-7449 www.irsa.com.ar @IRSAIR 19
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