WERELDHAVE France May Overview

Transcription

1 WERELDHAVE France May 2016 Overview

2 Contents o Wereldhave Group o French business unit: Portfolio Management team Leasing team Brand strategy 2

3 The Group o o Independent company listed on the Amsterdam and Brussels stock exchanges, founded in 1930, first Real Estate Investment Trust in Europe, originally handling residential property. Since 2012, the Company has undergone a radical transformation. Wereldhave has evolved from being a real-estate investor in seven countries across five different real-estate sectors, to being a specialized investor in medium-sized shopping centres, in four continental European countries (96.5% of its portfolio): Acquisition of 6 Unibail centres in France (2014) and 9 Klépierre centres in the Netherlands (2015). 34 centres: 6 in France / 19 in the Netherlands / 8 in Belgium / 1 in Finland. 96.5% of its portfolio is composed of shopping centres. Market capitalization: 2.2 billion Property portfolio valuation at 30/06/15: 3.6 billion. o Wereldhave s goal is to become European market leader in medium-sized shopping centres. 3

4 Portfolio By financial value By type of assets By number of centres 20% 4% 21% 39% 3% 17% 58% 18% 23% 96% Belgium France Finland Netherlands Shopping Centres Offices Belgium France Finland Netherlands 34 centres: 6 in France: Rivetoile / Mériadeck / Docks 76 / Saint Sever / Docks Vauban / Côté Seine 19 in the Netherlands 8 in Belgium 1 in Finland: ITIS in Helsinki 4

5 Positioning: Community shopping centres 1. CENTRE SIZE FROM 20,000 TO 50,000 m² 2. SUPERMARKET ANCHORED 3. DOMINANT IN ITS CATCHMENT AREA 4. TAILORED TO LOCAL NEEDS GLA by centre in sqm A quarter of the area is dedicated to food. More than 100,000 inhabitants less than 20 minutes away. We take the profile of the catchment area into account % % Gallery type average Regional jumbos Other With these types of centre, we cover 90% of the needs. Providing a mixture of domestic, international and independent brands. Almost all of our centres have a large surface area dedicated to food. The internet has a lower impact on the food supply market. The centre is dominant in its area. Competition is already established, so fluctuation levels are stable. Brands, services and events are tailored for the local market. 5

6 WERELDHAVE FRANCE Overview

7 Our portfolio in France Saint Sever - Rouen 43,000 sqm, 9.5m visitors Mériadeck - Bordeaux 37,600 sqm, 10.7m visitors Les Passages: 8,000 m² with Sunday opening Côté Seine - Argenteuil (Paris) 29,000 sqm, 5.2m visitors Rivetoile - Strasbourg 28,000 sqm, 5.7m visitors Docks Vauban - Le Havre 53,000 sqm, 5.8m visitors Docks 76 - Rouen 35,750 sqm, 4m visitors 7

8 The Management Team 48 people at the end of 2015, providing full integration of all functions ERIC DAMIRON - MANAGING DIRECTOR June 2015 Wereldhave France Corio France, COO & CEO Strateo Consulting, Director/Owner Hammerson France, Property & CM M.D Consulting LVMH Group/le Bon Marché/Franck & Fils: Finance & Operations Management Financial positions at Hachette Group and Maison Phénix Education MSc in Business Management, the Sorbonne, 1980 OLIVIER MOURRAIN - DIRECTOR OF OPERATIONS Jan Wereldhave France Unibail Rodamco, Mfi AG, Financial integration Unibail Rodamco, CFO Nordics Unibail Rodamco, Group Deputy Operations Director L'Oréal, Operations Director Education MSc in Business Management, Dauphine, 1999 ESTELLE BRIAND COMMERCIAL DIRECTOR Oct Wereldhave France Hammerson France, Senior Leasing Manager IFP Groupe, Maison de la Literie, Bus. Associate Cushman & Wakefield, Senior Manager Photomaton, Development Manager Legal positions at Klepierre and Claire s Accessories RICHARD BRAUN - FINANCIAL DIRECTOR Jan Wereldhave France Wereldhave, Group Financial Controller Wereldhave, Head of Accounting PwC, Audit Manager Education Masters in Litigation and Arbitration, University of Reims, France, 2000 Education Post Graduate Degree in Auditing, University of Amsterdam, the Netherlands, 2005

9 The leasing team: 6 managers + 1 leasing assistant Estelle Briand - Leasing Director / Emilie Quizy - Leasing Assistant ANABELA BENROS - SENIOR LEASING MANAGER May 2016: Wereldhave France : Corio, then Klépierre : Senior Leasing manager : Hammerson, Senior Leasing manager : Klépierre, Leasing manager : Klépierre, Legal consultant : Armand Thiery, Legal assistant Education Masters in Business Law BENJAMIN LEBORGNE - LEASING MANAGER CAROLINE LANGLOIS - LEASING MANAGER CHARLOTTE JOUAN - LEASING MANAGER Nov. 2015: Wereldhave France : Carrefour Property, Leasing manager 2013: Carrefour Property, Assistant Director of Development 2012: Altarea Cogedim, Trainee Assistant in Rental Management 2011: Européene de Marbre (Londres), Trainee Assistant Commercial Director Education Master in Management and Administration of Real Estate, Estate Assets, Ipag, Paris, 2012 Feb. 2016: Wereldhave France : A2C, Leasing manager : Groupe Ludendo, Development Manager Education Négocia - Procos: Brand Development Nov. 2015: Wereldhave France : A2C, Leasing manager : Icade, Marketing manager 2012: Algoé, Junior consultant 2011: Convergences CVL, Assistant Project Manager Education Masters in Urban and Real Estate Management, ESSEC Business School, Paris,

10 Our strategy Wereldhave France is the closest partner for a continuous and sustainable performance improvement 10

11 Wereldhave, close to the brands Wereldhave means: o Dedicated teams in all departments of the company: shopping centre management, leasing, contract and property management. o Specific web site for retailers: introduction of the team, retail news, services charges and works details, marketing plans, règlement intérieur, cahier des charges preneur, SC performances, etc. o 3-years Services charges and Works forecasts. o Annual report on building efficiency. o Annual sustainable report. 11

12 Wereldhave, close to the retailers Wereldhave means: o Complete shopping centre management team. o Two general meetings a year in each shopping centre. o Community and retail manager for each shopping centre to improve performances. o Up to date security system for each site (panic button in each store, video monitoring, etc.) 12

13 Wereldhave, close to the consumers Wereldhave means: o Strong offer in Services, Catering and Leisure, Health and Well-being activities. o Opening hours in line with consumers expectations. o Advertising policy adapted to the catchment area sociology. 13

14