GTC Acquisition and Construction Overview
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GTC'S PLATFORM DELIVERS SELF-FUNDED GROWTH AND
SCALABILITY...
■Refinancing of newly-
completed assets
generating significant cash
inflows
Excess cash allowing for
investments into value-
Selection of development opportunities and land acquisition
based on rigorous criteria in order to maximize value creation
Investment
Significant
generating projects without
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need for additional external
financing
cash inflow
Development
profit
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GT CI
Incremental GAV provides
refinancing capacity under same
long-term LTV target
■Delivery of high-quality
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developments allowing for secured
financing upon completion at
attractive terms
Refinancing
capacity
FFO +
Equity growth
Efficient construction and
pre-leasing leveraging on
GTC's capabilities and track
record in each sub-location
■Development profit recorded
partly during construction
and at completion based on
leasing achieved
■Completion of projects at attractive
yield on cost, leading to significant
incremental rent and FFO
generation
■Development profit at completion
leading to equity and NAV creation
Self-propelling investment cycle driven by value-add acquisition and new developments approach, active asset management creating
equity and thus refinancing capacity on an ongoing and sustainable basis without additional primary equity requirement
Tried and tested platform with unparalleled track record of value creation in the region
Source: GTC
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| GTC GROUP |
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