Investor Presentaiton
Leading Developer, Owner and Operator of Shopping Malls
Across Saudi Arabia
19
Malls
FY2019 Headline Figures*
14% Market
Share
1.1 mn sqm
GLA
93.4%
Occupancy²
109 mn
Footfall
Successful
IPO
Arabian Centres
Company (ACC) is the
leading developer,
owner and operator of
shopping malls across
Saudi Arabia, with a
portfolio of 19 malls.
ACC's malls are spread
across key urban areas
throughout the Kingdom,
including the top 10
cities covering 60% of
the population and with
a 14% (1) market share by
year-end FY2018.
ACC operates some of the
most iconic malls in the
Kingdom, including Mall of
Arabia (Jeddah)and Mall
of Dhahran, two of the
Company's landmark
Super-Regional Malls, and
Nakheel Mall (Riyadh).
Its malls are home to
more than 1,000
international, regional
and local retail brands,
including Zara,
Debenhams, Coach,
H&M, Virgin Megastores,
Panda and IKEA.
ACC seeks to
continuously enhance its
overall tenant mix, which
includes dining,
entertainment, lifestyle
and leisure offerings, in
order to attract footfall
and maximize returns on
its mall portfolio.
Successfully completed
IPO on the Saudi Stock
Exchange (Tadawul) in
May 2019 at a price of
SAR 26 per share,
implying a market
capitalization on
admission of SAR 12.4
billion.
Revenue
EBITDA
FFO³
Net Profit
R 2,176.4 mn
SAR 1,480.7 mn
SAR 1,086.3mr
SAR 804.1 mn
▲ 0.7% y-o-y
LFL
▲ 4.7% y-o-y
▲ 1.0% y-o-y
▲ 2.3% y-o-y
0.7% y-o-y
* For the year ended 31 March 2019 - ACC's fiscal year for 2019 (FY2019) ends on 31 March 2019
(1)
Source: JLL Market Study (2018)
(2)
Represents the year-end occupancy
(3)
Fund from operations: net profit for the year plus depreciation of investment properties and PP&E and write-off of investment properties, if applicable.
Arabian Centres Company.
Investor Presentation
NAV
SAR 17,941.0 mn
▲ 2.0% y-o-y
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