PowerPoint-Präsentation - Peach Property Group · Increase in hybrid bond to CHF 37.5 mm, listed...
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Transcript of PowerPoint-Präsentation - Peach Property Group · Increase in hybrid bond to CHF 37.5 mm, listed...
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(rebased to 100) (rebased to 100)
no decline in rental prices in c. 20
years across the economic cycle
Peach average tenancy
length ~9.0 yrs
10
15
20
25
30
2008 2010 2012 2014 2016 2018
A cities B cities
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80%
100%
120%
140%
160%
180%
1990 1995 2000 2005 2010 2015
A cities B cities Inflation rate
(1) Bulwiengesa
(2) Bulwiengesa, Statista
(3) German Economic Institute
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Capital markets
Tenant relationships
Sourcing ModernizationAsset / Property
managementEconomic
performanceLetting
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Proven and time-tested service model that forms the basis for Peach’s strong perception by tenants, ultimately resulting in vacancy reduction and rent optimization
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(1) Erkrath and Gelsenkirchen starting January 1, 2020
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Split by location (incl. acquisitions)
Split by usage (incl. acquisitions)
Baden-
Württemberg
10%
Rhineland-
Palatinate
17%
Hesse 6%
Lower Saxony
4%
Thuringia
3% Switzerland
2%
North Rhine-Westphalia
58%
Commercial /
Office
5%
Residential
92%
Parking /
Other, 3%
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Peach Point
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* According to Wüest Partner valuation as per December 31, 2019.
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IPO at the SIX Swiss Exchange, capital increase by CHF 50 mm
Issuing of a bond of EUR 50 mm with 6.6% coupon, listed in Frankfurt
Issuing of a hybrid bond of CHF 25 mm with 5% coupon p.a., listed in Zurich
Increase in hybrid bond to CHF 37.5 mm, listed in Zurich
Repayment of bond over EUR 50 mm, listed in Frankfurt
Syndicated loan 3.25% credit margin, up to EUR 60 mm, term 5 years
Hybrid convertible bond 3.0% CHF 59 mm, conversion price CHF 29.50, listed in Zurich
Option hybrid bond 1.75% CHF 58 mm, option price CHF 25.00, listed in Zurich
Repayment 5% CHF 50 mm hybrid bond
EuroBond 3,5% EUR 250 mm; maturity 3 ¼ years
Conversion of ~50% of 3% CHF 59 mm hybrid convertible bond at CHF 28.50
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