Q1 2022 Kmc Properties ASA Earnings Presentation Transcript

May 19, 2022 / 10:00AM GMT
Presentation
May 19, 2022 / 10:00AM GMT

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Corporate Participants
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* Liv Malvik
KMC Properties ASA - CEO
* Kristoffer Holmen
KMC Properties ASA - CFO

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Liv Malvik - KMC Properties ASA - CEO

Hello. My name is Liv Malvik, and I am the CEO of KMC Properties. Together with me today, I have the CFO of KMC Properties, Kristoffer Holmen. Kristoffer and I will together take you through this Q1 presentation. This page gives a brief overview of KMC Properties.

KMC Properties is a real estate company focused on owning industrial and logistics properties. We have a portfolio of 46 assets, excluding Russia, primarily in the Nordics, with a constitution of approximately 377,000 square meters by the end of Q1 2022. We have long-term lease agreements with solid counterparties. Our two largest tenants are BEWI and Insula, majority owned by the Bekken and the Witzøe family, respectively. We have a portfolio value of approximately NOK4 billion book, a net yield of 6.4%, a WAULT of 10.1

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