Investor Presentaiton
SALE OF US$ 35 MILLION COMMERCIAL REAL ESTATE
ASSETS AND LAND PLOT DURING JUNE-AUGUST 2021
STRONG PROGRESS TOWARDS
OUR STRATEGIC PRIORITIES
Sold assets
TRANSACTION DETAILS - US$ 4.7 MILLION PREMIUM TO 31 MARCH 2021 BOOK VALUES
Premium to gross value
15.4%
34.8
US Dollar
30.1
Premium to net asset value
47.2%
14.5
$18.5
9.8
TOTAL BOOK VALUE
$23.8
41%
AS AT 30-JUN-21
$34.8
59%
US$ 58.6
MILLION
$13.2
Book value¹
31-Mar-21
Sales value
$3.1
Office spaces
Remaining assets
Sold assets
Retail spaces
Land plot
Net asset value
31-Mar-21
Adjusted for sales premium
Proceeds from the transaction will be used to repay the existing US$ 30 million bonds issued
by the commercial real estate business, maturing on 31 December 2021
The value of the remaining disposable assets, US$ 23.8 million, is almost equally split between
commercial real estate assets and land plots
Net asset value
31-Mar-21
Georgia Capital PLC | 1. At standalone hospitality and commercial real estate business level.
GEORGIA
CAPITAL
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