Presentation is loading. Please wait.

Presentation is loading. Please wait.

I Seite 1Stand: 05.02.2014 CREATING FINANCIAL SUCCESS xxx DIN A5? Anderes Titelfoto?

Similar presentations


Presentation on theme: "I Seite 1Stand: 05.02.2014 CREATING FINANCIAL SUCCESS xxx DIN A5? Anderes Titelfoto?"— Presentation transcript:

1 I Seite 1Stand: CREATING FINANCIAL SUCCESS xxx DIN A5? Anderes Titelfoto?

2 I Seite 2Stand: Agenda Partners and Business domains KGAL: Facts and figures Corporate Solutions Products References Contacts Examples of individual solutions Funds and Asset Management KGAL – Fund manager Reference Funds and Asset Management

3 I Seite 3Stand: Partners and Business domains 1) über HASPA Finanzholding, die Holdinggesellschaft der Hamburger Sparkasse Dresdner Bank 45 % BayernLB 30 %Hamburger Sparkasse 1) 15 % Sal. Oppenheim 10 % Funds and Asset ManagementCorporate Solutions KG Allgemeine Leasing GmbH & Co. Use the various bank logos Haben wir auch ein gutes Foto vom Neubau, dem eigentlichen Sitz von CS?

4 I Seite 4Stand: KGAL: Facts and Figures 2007 New Business volume (in Billion EUR)3,4 Portfolio volume (in Billion EUR)30,1 Number of Leasing and Fund partnersca Capital resources of KGAL (in Million EUR)97,6 Employees/Staff429 Stand: ?

5 I Seite 5Stand: Capabilities Classic leases Investment models with leasing-like structures Structured financing concepts Service and advice Performance parameters Specialist knowledge to optimise finances Expertise in questions regarding tax, contracts and accounting Marketing structure with excellent client contacts Regional networks Good market reputation Corporate Solutions – Your partner for individual solutions

6 I Seite 6Stand: Corporate Solutions: Products Financial equipment leasing Leasing fund and investment models Operating Leasing and other Leasing models Financial Advisory and Engineering IFRS-/US-GAAP- Models Public Private Partnerships (PPP) Real Estate Portfolio Management

7 I Seite 7Stand: Corporate Solutions: Products Financial equipment leasing Leasingfonds und Beteiligungsmodelle Operating Leasing und andere Mietmodelle Financial Advisory and Engineering IFRS-/US-GAAP- Modelle Public Private Partnerships (PPP) Real Estate Portfolio Management Tailor-made leasing All types of classic leasing models (Residual book value-, Rent advance- and Tenant-shareholding models) All types of assets (Real estate, large-scale movables and intangible goods) New construction leasing, Sale-and-lease-back, Buy-and-lease To achieve original lease advantages e.g. the Off-Balance-Effekt, Liquidity/Personal capital protection, tax optimisation and when required, inclusion under ALBA BauProjektManagement GmbH.

8 I Seite 8Stand: Leasing fund and investment models Corporate Solutions: Products FinanzierungsleasingOperating Leasing und andere Mietmodelle Financial Advisory and Engineering IFRS-/US-GAAP- Modelle Public Private Partnerships (PPP) Real Estate Portfolio Management Optimisation through the integration of investor capital Leasing fund with long-term calculation basis for commercial sole investors Investment models for (several) institutional investors in the form of Private Placements Capital taxation models for major private investors, foundations § 6b EStG Models For large-scale projects in the form of real estate, large installations/plants and movables

9 I Seite 9Stand: Corporate Solutions: Products FinanzierungsleasingLeasingfonds und Beteiligungsmodelle Operating Leasing and other leasing models Financial Advisory and Engineering IFRS-/US-GAAP- Modelle Public Private Partnerships (PPP) Real Estate Portfolio Management Balance sheet neutrality and flexibility Operating Leasing, e.g. for rolling Stock & road vehicles. To improve the performance and optimise the business ratings Leasing models, e.g. For office and administrative buildings for the purpose of balance sheet neutrality and flexible arrangement of the utilisation period With financing through investor capital and/or outside financing

10 I Seite 10Stand: Corporate Solutions: Products FinanzierungsleasingLeasingfonds und Beteiligungsmodelle Operating Leasing und andere Mietmodelle Financial Advisory and Engineering IFRS-/US-GAAP- Modelle Public Private Partnerships (PPP) Real Estate Portfolio Management Improvement of asset-efficiency Mobilisation of real estate holdings of commercial and public businesses through restructuring, disincorporation or selling-off of properties Optimisation of the law-governed business, balance sheet and tax status – in preparation for later utilization/marketing Investment in real estate subsidiaries of companies (e.g. Real estate Joint venture) to improve financing and the flexibility of the portfolio management Acquisition/Administration of owner rights for investors and the fulfillment of diverse tasks within the framework of asset management

11 I Seite 11Stand: Corporate Solutions: Products FinanzierungsleasingLeasingfonds und Beteiligungsmodelle Operating Leasing und andere Mietmodelle Financial Advisory and Engineering IFRS-/US-GAAP- Modelle Public Private Partnerships (PPP) Real Estate Portfolio Management Efficiency increases in the public sector Financing- and realisation models in the form of hire purchase, leasing, leasing- and fund models Particularly suitable to PPP-Models: All types of real estate, infrastructure properties like airports, waste incineration- and purifying installations as well as energy supply With the goal, to achieve improved efficiency and save costs through public-private partnerships

12 I Seite 12Stand: Corporate Solutions: Products FinanzierungsleasingLeasingfonds und Beteiligungsmodelle Operating Leasing und andere Mietmodelle Financial Advisory and Engineering IFRS-/US-GAAP- Models Public Private Partnerships (PPP) Real Estate Portfolio Management Off-Balance according to international standards IFRS-/US-GAAP conformable financing solutions for the protection of balance sheet neutrality A demand of personal capital provision of the lessor can eventually, with the help of external capital lenders, also be accommodated Basically for all types of assets (real estate, movables, intangible goods)

13 I Seite 13Stand: Corporate Solutions: Products FinanzierungsleasingLeasingfonds und Beteiligungsmodelle Operating Leasing und andere Mietmodelle Financial Advisory and Engineering IFRS-/US-GAAP- Modelle Public Private Partnerships (PPP) Real Estate Portfolio Management Advise, arrange and structure Consultancy and structuring mandates with transactions with or without provision of financing and also on demand with Co-Partnership-Shareholding of KGAL Provision of a company platform over real estate company/companies/SPC Consulting/Participation with project development for large-scale projects and if required included in the placement of investments with investors Streamlined solutions for the disincorporation of pension obligations for German groups over individual CTA models

14 I Seite 14Stand: References in south Germany (selection)

15 I Seite 15Stand: References in north/west Germany (selection)

16 I Seite 16Stand: Contacts Dieter Weiß Managing Director Telefon: Telefax: Tölzer Straße 15, Grünwald Marco Althaus Director Client Relationship Management Telefon: Telefax: Niederkasseler Lohweg 191, Düsseldorf Paul Kleiner Head of Structured Finance Telefon: Telefax: Tölzer Straße 15, Grünwald Christian Heidbrink Director Client Relationship Management Telefon: Telefax: Lurgiallee 16, Frankfurt am Main Karl Breuling Director Client Relationship Management Telefon: Telefax: Ottostraße 3, München Jochem Issel Director Client Relationship Management Telefon: Telefax: Niederkasseler Lohweg 191, Düsseldorf Christian Petersen Director Client Relationship Management Telefon: Telefax: Ottostraße 3, München

17 I Seite 17Stand: Lufthansa Aviation Centre Leasing model with group shareholding Objekt First phase of construction of the office block with m² BGF work spaces Volume over 200 Million Eur Lessee Deutsche Lufthansa AG, Köln Task Construction of an office block in the immediate vicinity of Frankfurt Airport for the purpose of on-site concentration of the various staff working at the airport Financing through the inclusion of captive financial means Solution Leasing model from KGAL with shareholding of a company from the Lufthansa Group Considerable synergy effects and financial relief through the selected concept under the difficult frame requirements in the international air-travel sector Bild

18 I Seite 18Stand: MARITIM Airport Hotel, Düsseldorf Leasing Fund for Insurances Property 4+ Star hotel with congress centre 533 Rooms, 470 TG-spaces Volume 135 Million Eur Lessee MARITIM Group, Bad Salzuflen Task Hotel construction within the framework of the development project Düsseldorf Airport City, for the biggest German congress hotel operator: MARITIM Financing through long-term bank loan and investor capital of institutional investors Solution Structuring of a so-called Insurance-Shareholding model through KGAL with the investors Provinzial Rheinland Life Insurance and AXA Life Insurance Long-term leasing contract (20 years from completion) with MARITIM Group within the framework of a Leasing Fund Minimum-cost construction through MARITIM as prime contractor no balance sheet taxing long-term capital binding for MARITIM (Off-Balance-Effekt) Bild

19 I Seite 19Stand: Properties Approx. 250 warehouses, car parks, office and logistics buildings nationwide Volume > 1 Billion Eur Lessee KarstadtQuelle-Group Task Reorganisation of real estate holdings for the purpose of active development, to improve the outcome transparencies and to increase the shareholder value Usufructuary rights of properties to remain with KarstadtQuelle Solution Consolidation of the properties in 230 KGAL Property Companies Shareholding of KarstadtQuelle AG (limited partners) Conclusion of business leasing contracts for the next 5 years between the property companies and a subsidiary of KarstadtQuelle Through the use of legal business opportunities, the portfolio could be structured further and the Group assured of the optimal use of the appreciation potential KarstadtQuelle AG Real Estate Portfolio Management

20 I Seite 20Stand: Projekt Shopping experience Weltstadthaus in Colognes Schilder-alley over m² total area Volume 2 digit Million Euro range Lessee Peek & Cloppenburg KG (P&C), Düsseldorf Task Expansion of the performance spectrum of P&C through a new shopping mall with a stylish shopping atmosphere individual and creative financing concept as counterpart to the demanding, ambitious architecture (Renzo Piano) Solution Unusual shopping mall in Italian architecture with a cosmopolitan elegance and spaciousness as the perfect presentation tool for the fashions of P&C (Special Jury Award of the MIPIM 2006) Tailor-made, efficient financing model from KGAL within the framework of a long-term leasing solution Business leasing contract over 22,5 years from completion Bild Peek & Cloppenburg, Köln Cosmopolitan architecture and individual financing

21 I Seite 21Stand: Property Around apartments in the Ruhr district, especially in Bochum, Dortmund, Gelsenkirchen, Gladbeck and Herne Volume 3-digit Million Euro range Client Viterra AG (formerly 100 % E.ON Group, in the meantime changeover to Deutsche Annington) Task Sale of non-strategy conforming apartment stock to optimise the real estate portfolio Creation of additional scope to act with regards to flexible commerce strategies (Apartment privitisation and segmentation) Solution Acquisition of the apartments though a KGAL Real Estate Company Transfer of rental contracts to the Real Estate Company, rights and obligations remain unchanged Development and implementation of a detailed business plan with regards to the management and/or market-considered sale of segment portfolios Bild Viterra AG Purchase of Apartments in the Ruhr district

22 I Seite 22Stand: Property Automatic high-rise warehouse Warehouse capacity Colli (= storage unit measurement) Volume Approx. 34 Million Euro Lessee Quelle AG, Linz (100 % KarstadtQuelle-Konzern) Task Construction of a new logistics centre in Linz to deal with the dynamic expansion of mail-order business Taking into account the IFRS directives due to international balancing of accounts of the KarstadtQuelle group Solution KGAL Proberty Corporation aquire the building project for the already existing project company 100% Financing through a bank loan from the Austrian Oberbank Letting of the property after completion for 13,5 years according to Austrian law Off-Balance-Effekt via IFRS through regulation conforming Cross-border lease, whilst observing national commerce and tax laws Bild Quelle AG, Linz Off-Balance-Effekt through IFRS conformable cross-border lease (Austria)

23 I Seite 23Stand: Property Airport-Center mit offices, shops, restaurants and conference rooms m² BGF Volume Approx. 140 Million Euro Lessee Flughafen München GmbH (FMG) Task Construction of multi-functional airport centre to serve as a connection between Terminal 1 and 2 To achieve favourable long-term rents through the optimisation of building costs and financing Solution KGALs investor model which contributes private capital to the total funding Reduction of rent for Munich airport through interest- favourable investor capital Technical Building Support through ALBA BauProjektManagement on behalf of the client (KGAL- Property Corporation) Bild Munich Airport Centre (MAC) Private funds for Munich airport

24 I Seite 24Stand: Funds and Asset Management Your partner for Closed-end funds Performance spectrum Public funds Private Placements Funds with institutional investors Types of assets Aircraft Ships Real estate Infrastructure Private Equity

25 I Seite 25Stand: KGAL – Fund manager Stand: Fund portfolio Of which public funds: Fund volume Of which public funds: 23,4 Bill. EUR 7,9 Bill. EUR Investor capital Of which public funds: 9,9 Bill. EUR 5,6 Bill. EUR Number of investors

26 I Seite 26Stand: Asset Type: Aircraft KGALs competence 19 Years experience Secured market access Partner in excellence: GOAL – Joint Venture with Lufthansa AG (since 1989) Strategy: Aircraft Efficient Asset Management Transactions with current aircraft models Solid structuring until 2006 Number of public funds 50 Total investment sum2,34 Bill. EUR Personal capital1,44 Bill. EUR

27 I Seite 27Stand: Asset Type: Ships KGALs competence Qualified market access Excellent market survey Partner in excellence: V.Ships – with employees one of the biggest independent shipping managers worldwide Strategy: Ships Proceeding selectively in a traditionally volatile market until 2006 Number of public funds 6 Total investment sum379,7 Mill. EUR Personal capital193,8 Mill. EUR

28 I Seite 28Stand: Asset Type: Real estate KGALs competence Long-standing experience On-site presence Strategy: Real estate Well-established investment approach to conventional individual properties Innovative strategies like Fund of Fund or Fund in Fund Private investors can invest similar to major investors until 2006 Number of public funds 18 Total investment sum1,63 Bill. EUR Personal capital842,1 Mill. EUR

29 I Seite 29Stand: Asset Type: Infrastructure KGALs competence Long-standing experience Secured market access Partner in excellence: Phoenix Solar AG Babcock & Brown Strategy: Infrastructure Classic infrastructure projects Future higher investment demand Structuring of Umbrella fund Investment in the market of the future: Solar energy. Installation centres in Germany, Spain & Greece until 2006 Number of public funds 2 Total investment sum41,4 Mill. EUR Personal capital10,6 Mill. EUR

30 I Seite 30Stand: Asset Type: Private Equity KGALs competence Long-standing structuring competence Prominent position in the market Partner in excellence: Allianz Private Equity Partners GmbH (APEP) Strategy: Private Equity Participation in dynamic, growing markets Joint investments with Allianz until 2006 Number of Public funds 7 Total investment sum560,2 Mill. EUR Personal capital560,2 Mill. EUR

31 I Seite 31Stand: Allianz Arena, Munich Stadium financing through Closed-end Funds Task Development of a financing structure to contribute to the financing of the investment sum of 340 Mill. EUR Solution Bank loan Forfeiting of Allianzs naming rights Privileges through a stadium concession agreement with the Bayern München Football Club Loan from a KGAL fund company Return on capital Attractive fixed interest payment with the possibility of yield increase Property Seats Surrounded by the biggest membrane- roof cover in the world Volume 340 Mill. EUR Building support ALBA BauProjektManagement GmbH

32 I Seite 32Stand: Munich Airport Centre (MAC) Private funds for Munich Airport Property qm office-, business- and conferencing space 41 m high – part-glass roof construction Volumen xxx. Building supervision ALBA BauProjektManagement GmbH – a KGAL business Project Expansion of Munich airport around a modern Airport Centre, which connects Terminal 1 and 2 Creative financing solution required Solution Development of an Investor model by KGAL, through which private investor capital is put to use

33 I Seite 33Stand: AMA Building, Chicago US Real estate fund for multi-storey office block in America Property Class-A Office Building Rentable area: qm Lessee 58 % American Medical Association (AMA) Term12 Years Volume63 Mill. USD Starting position 44,9% Shareholding through KGAL fund company in an American property company, who owns office real estate in Chicago Fellow partner and Co-Investor: UBS Real Estate KAG. Financing concept Part-financing through KGALs closed-end real estate fund with German private investor capital Outside financing through American life insurances Return on capital 100 % rental capacity utilization Growing return on capital (yield) over the entire term

34 I Seite 34Stand: THANK YOU FOR YOUR ATTENTION


Download ppt "I Seite 1Stand: 05.02.2014 CREATING FINANCIAL SUCCESS xxx DIN A5? Anderes Titelfoto?"

Similar presentations


Ads by Google