The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Natalia Svyriadi - Eurobank Equities - Analyst
: Good afternoon. I hope you can hear me. Thank you for taking my questions. I was wondering if we could actually sum up and have an update on
the projects that we are waiting until at the end of 2024 and maybe what is scheduled for 2025 in the Ellinikon? One, like I mean, more, you said
that there are like EUR100 million, EUR120 million coming into past, pursue proceeds and budgeted. Probably the EUR50 million is coming from
the Fab five rental sales. So what are the remaining? We are expecting. Is it already the residential? Should we be expecting something more? And
what are the other two, the key projects in 2025, we should be expecting a cash purchase proceeds from.
So I would like to have these more in a nutshell, so we can understand what we're expecting.
And I have another question regarding the debt, you haven't drawn down any debt this quarter to the Ellinikon endpoint very well. I was wondering
if we are expecting any new debt for the Ellinikon Malls development and if this would be in 2024 and 2025, what are your expectations on this?
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SEPTEMBER 13, 2024 / 1:00PM, LMDr.AT - Q2 2024 Lamda Development SA Earnings Call
And I also have a question, it's mostly clarification on the changes we saw in the financial statements regarding the inventory changes and inventory,
some land you own to develop and you will sell and some land that you will actually develop in nutshell, does this have to do with the change you
said earlier in the mall? And I was wondering if we could have a clarification there on this and how is this reflected in domestic revaluation.
Question: Natalia Svyriadi - Eurobank Equities - Analyst
: We can take them one by one, it moved up.
Question: Natalia Svyriadi - Eurobank Equities - Analyst
: Yes, I was wondering then what we are expecting in 2025? Are we expecting more residential coming? And I don't know, maybe some more projects
you haven't developed yet.
Question: Natalia Svyriadi - Eurobank Equities - Analyst
: Perfect.
Question: Natalia Svyriadi - Eurobank Equities - Analyst
: Okay. That's very clear. Thank you very much.
Question: Carlos Tavares - Europe securities - Analyst
: Good evening. Thank you very much for the presentation. Two questions. One, regarding the CapEx for the next 12 months, if it is possible to
provide a rough estimate.
Second, a more opportunistic question, what is the probability for the transaction in the next 12 months in the four malls that are operating. I mean,
if there is a probability to see a transaction regarding the sale of one, for example, thank you.
Question: Carlos Tavares - Europe securities - Analyst
: Understood. Thank you very much.
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