MIVNE REAL ESTATE (K.D) LTD MIVNE
Capital Market Presentation
June 30
2022
About Mivne
Israel's leading real estate company in development, purchasing, construction and management of structures intended for offices, industry, logistics, commerce, and residential purposes, for rent or sale.
5.6 | 6.95% | 7.5 | 1.2 | ||||
billion NIS | billion NIS | billion NIS | |||||
Value of unpledged | Average | Equity attributed | Cash and credit | ||||
assets | asset capitalization | ||||||
to shareholders | frameworks | ||||||
rate | |||||||
AA | Aa2 | |||
Company rating by | Company rating by | |||
Midroog | ||||
S&P | ||||
Rating of guaranteed | ||||
Short-term debt | ||||
debentures at Aa1; | ||||
rating of A-1 | ||||
rating of short-term | ||||
debt at P-1 |
44% | 100% | |
Ratio of debt | Public | |
to CAP | holdings |
Data as of June 30 2022
Mivne Group | Capital Market Presentation June 30 2022 | 2 |
About Mivne
The Company has a dividend distribution policy for 2022 totaling 240 million NIS but not exceeding 50% of the Company's total yearly FFO, reflecting a yearly dividend yield of 3%.
93.8% | 564 | 1.6 | 12.7 | |||
million m2 | billion NIS | |||||
Occupancy in Israel | Number of cash- | Cash-Generating | Value of investment | |||
generating properties | ||||||
Properties | property | |||||
in Israel | ||||||
in Israel | ||||||
2,882 | 1,790 | 741,000 | 1.1 | |||
billion NIS | ||||||
m² | ||||||
Tenants in Israel | Housing units in | Value of investment | ||||
Land reserves and | ||||||
property under | ||||||
advanced | ||||||
unused rights | ||||||
development | ||||||
construction and | ||||||
planning stages | ||||||
Data as of June 30 2022 |
Mivne Group | Capital Market Presentation June 30 2022 | 3 |
About Mivne
Our Customers Include
MIVNE | Mivne Group | Capital Market Presentation June 30 2022 |
Cash-generating properties in Israel as of June 30 2022
Including data of associates (expanded consolidated)
Industrial and logistics
4.3 billion NIS
(1,005,000 m², 26.7 NIS per m2 on average)
Rental housing
0.3 billion NIS
(13,000 m², 72.0 NIS per m2 on average)
Shopping Complexes
2.4 billion NIS
(205,000 m², 70.2 NIS per m2 on average)
Total
11.3 billion NIS
(1,634,000 m²)
Offices
4.3 billion NIS
(411,000 m², 51.2 NIS per m2 on average)
Mivne Group | Capital Market Presentation June 30 2022 | 5 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
IBC – Industrial Buildings Corporation Limited published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 12:43:02 UTC.
