Investor Presentaiton
OTHER BUSINESSES
SALES OF US$ 45.0 MILLION COMMERCIAL
REAL ESTATE PROPERTIES SINCE JUNE 2021
GEORGIA
CAPITAL
ADDITIONAL SALES OF US$ 10.3
MILLION COMMERCIAL REAL ESTATE
PROPERTIES IN SEP-NOV 2021,
DEMONSTRATING CONTINUING
PROGRESS TOWARDS OUR
STRATEGIC PRIORITIES
PROGRESS SINCE JUNE 2021
Sold assets
TRANSACTION DETAILS - US$ 4.6 MILLION PREMIUM TO 31 MARCH 2021 BOOK VALUES
US$ MILLION
Premium to gross value
40.5
+11.3%
45.0
Premium to net asset value
+36.9%
17.0
12.4
$20.3
TOTAL VALUE
AS AT 30-SEP-21
$14.0
24%
US$ 59.0
$45.0
76%
MILLION
$21.6
Book value 1
31-Mar-21
Sales value
Net asset value
31-Mar-21
$3.1
I Remaining assets
Sold assets
(Book value at
30-Sep-21)
Office spaces
Retail spaces
Land plot
Georgia Capital PLC | 1. At standalone hospitality and commercial real estate business level.
Net asset value
31-Mar-21
Adjusted for sales premium
Significant portion of the total proceeds has been collected and will be used to repay the existing
US$ 30 million bonds issued by the commercial real estate business, maturing on 31-Dec-21
The book value of the remaining disposable assets is approximately US$ 14.0 million as of 30-
Sep-21 and is split between commercial real estate assets (18%) and land plots (82%).
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