Investor Presentaiton
Property Portfolio & Land Bank Values
Property Portfolio independently valued by Jones Lang LaSalle at SAR20.4Bn and Land Bank of SAR3.4Bn
Value of Assets as of Mar 2019 (SAR bn)(1)
9.9
6.4
.9
4.1
Khaleej Mall
Nakheel Dammam Mall
University Boulevard
Jeddah Park Mall (1)
3.4
20.4
4 land plots
Prime land bank to
develop future pipeline
23.9
Freehold Assets
Leasehold Assets
Assets Under
Construction
Total
Land Bank at Cost
Gross Appraisal Value
Source: Investment properties valuation from JLL as of 31st March 2019
1)
Jeddah Park Mall valuation as of 11-Mar-2019 and expected to be delivered in 1st half FY2021
2) Implied Cap Rate is calculated as (Income from Main Operations/(Market Capitalization + Outstanding Debt)
Arabian Centres Company • Investor Presentation
EV / GAV
0.78
Implied Cap Rate²
0.06
21
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