Deutsche EuroShop "Acquisition of A10 Center Wildau"

  • 1,011 views
Uploaded on

 

More in: Real Estate
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
1,011
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
1
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. 01/10feelestate.de ACQUISITON OF A10 CENTER WILDAU
  • 2. Center Details Grand G d opening: autumn 1996 i t 1996, new development (A10 Triangle) spring 2011 approx. 120 000 sqm l tt bl space (i l A10 T i 120,000 lettable (incl. Triangle), l ) thereof 66,000 sqm retail space, one of the biggest shopping centers in Germany approx. 180 shops (incl. A10 Triangle) Occupancy rate: 100% Parking: around 3,600 (4,000 after new development) approx. 1.15 million people living in the catchment area within 45 minutes driving distance g approx. 20.000 visitors every day Acquisition of A10 Center | 01/10 2
  • 3. A10 Center Wildau Acquisition of A10 Center | 01/10 3
  • 4. 13th Shopping Center in Germany, 17th overall Hamburg Berlin Wolfsburg Hameln Wildau Hamm Dessau Wuppertal Kassel K l Dresden Wetzlar Sulzbach Viernheim Passau Acquisition of A10 Center | 01/10 4
  • 5. Location Acquisition of A10 Center | 01/10 5
  • 6. Competitive Environment & Regional Origin of the Visitors Parkcenter Treptow Zentrum Schöneweide Biesdorf Center Forum Köpenick Müggelpark Gosen Neukölln Arcaden 22,000 sqm lettable space 20,000 sqm lettable space 31.,00 sqm lettable space 25,000 sqm lettable space 30,000 sqm lettable space 27,000 sqm lettable space parking: 1,000 parking: 750 parking: 1,800 parking: 1,250 parking: 600 Spitzkrug-Multicenter parking: 650 50,000 sqm lettable space parking: 2,500 Lenné Passagen 17,200 sqm lettable space Gropius Passagen parking: 385 85,000 sqm lettable space parking: 2,100 Der Oderturm 16,000 sqm lettable space parking: 510 Tempelhofer Hafen 20,000 sqm lettable space parking: 800 Fachmarkt Teltow 26,000 sqm lettable space parking: 1,300 FMZ Waltersdorf 80.,00 sqm lettable space parking: 2,500 Südring-Center 43,000 sqm lettable space parking: 2,600 Acquisition of A10 Center | 01/10 6
  • 7. Modified Catchment Area Zone I driving time = < 5 min approx. 42,500 inhab. Zone II driving time = 5-15 min approx. 292,800 inhab. pp , Zone III driving time = 15-30 min approx. 298,000 inhab. total: Zone I-III 633 300 Z I III 633,300 inhabitants Zone IV Driving time = 30-45 min approx. 518,000 inhab. total: Zone I-IV 1,151,300 inhabitants Acquisition of A10 Center | 01/10 7
  • 8. Tenants (Sample) Anchor tenants Other well-known tenants Real Apollo-Optik Christ Karstadt Sport p BiBA McPaper p P&C Bijou Brigitte mister*lady C&A Bonita Nanu Nana H&M Casamoda New Yorker Esprit Deichmann Orsay Bauhaus Douglas Pimkie MediMax Dänisches Bettenlager Thalia Hammer Engbers Tom Tailor Baby One Gerry Weber Ulla Popken Görtz WMF Hunkemöller Yves Rocher Hussel H l Acquisition of A10 Center | 01/10 8
  • 9. Ground Plan (incl. A10 Triangle) Acquisition of A10 Center | 01/10 9
  • 10. New development: A10 Triangle Source: Lohmann Architekten Acquisition of A10 Center | 01/10 10
  • 11. Financial Details Deutsche EuroShop buys 100% (asset deal) Total investment: approx €265 million (incl A10 Triangle) approx. (incl. 43% equity, 57% debt Rents per year expected effective from 2012 (first full year after the new development): €19.4 million Expected gross yield (2012): 7.3% Expected net i i i l yield (NOI 2012): 6 5% E d initial i ld (NOI, 2012) 6.5% Acquisition of A10 Center | 01/10 11
  • 12. A10 Center Wildau www.a10center.de Acquisition of A10 Center | 01/10 12
  • 13. 01/10feelestate.de ACQUISITON OF A10 CENTER WILDAU Acquisition of A10 Center | 01/10 13
  • 14. Appendix I Contact Deutsche EuroShop AG Investor & Public Relations Oderfelder Straße 23 20149 Hamburg Tel. +49 (40) 41 35 79 - 20 / -22 Claus-Matthias Böge Chief Executive Officer Fax +49 (40) 41 35 79 - 29 E-Mail: ir@deutsche-euroshop.com Web: www.deutsche-euroshop.com www.deutsche euroshop.com facebook.com/desag slideshare.net/desag Olaf G. Borkers twitter.com/des_ag twitter.com/des ag Chief Financial Officer Important Notice: Forward-Looking Statements Statements in this presentation relating to future status or circumstances, circumstances including statements regarding manage- manage ment’s plans and objectives for future operations, sales and earnings figures, are forward-looking statements of Patrick Kiss goals and expectations based on estimates, assumptions Head of Investor & Public Relations and the anticipated effects of future events on current and developing circumstances and do not necessarily predict future results. Many factors could cause the actual results to be materially different from those that may be expressed or implied by such statements. Deutsche EuroShop does not intend to update these Nicolas Lissner forward-looking forward looking statements and does not assume any Manager Investor & Public Relations obligation to do so. Acquisition of A10 Center | 01/10 14