Cemat A/S
CeMat A/S is a Danish company listed on the NASDAQ NORDIC stock exchange in Copenhagen. The main focus of the company’s operations is in Poland, where it possesses an attractive real estate portfolio for lease as well as the Moje Bielany project currently under development and a landbank for further real estate projects.
CeMat A/S focuses on maximising revenues from rents from the mixed-use complex in Warsaw that the company owns, which comprises small business units, self storage and office space.
The company is also growing its development business with the sale and construction of 105 apartments as well as retail units as part of the Moje Bielany project.
For more information, visit: https://mojebielany.com/investment-log/
Strategy for 2024–2027
CeMat intends to continue the leasing business in its own properties and also expand the development branch for the period from 2024 to 2027. The focus of the company’s activities will be on two areas: leasing and the development business.
Leasing business in 2024–2027
CeMat will concentrate on continuing the leasing activity in existing buildings, with a focus on small warehouse formats, including SBUs and self-storage. We are in the process of optimising the leasing business. Investment in subsequent phases, SBUs and self storage will depend on demand, and we expect both formats to account for a greater proportion of sales in the coming years. Both the SBU and self-storage businesses will generate increased rental income by allowing a higher rental per square metre of space to be achieved in the years from 2024 to 2027. The planned increase in rental growth will be reflected in the property value.
The leasing business covers all the costs associated with running the CeMat Group companies and also supports the development business.
Development business
The goals are:
To complete the sale of apartments and commercial space in the “Moje Bielany” residential building and hand over the space to the buyers.
To secure a profit in line with the approved budget for “Moje Bielany” and to strengthen CeMat’s cash position with a view to launching further development projects between 2024 and 2027.
To obtain planning permission for new developments and start preparing further planning changes for another site. Some of the plots making up the land bank will require further work and necessary planning changes to enable the application for a building permit in the next stage.
To obtain a building permit for 2-3 new investments (including plot 56).
The next step in the development processes will be in line with the value creation chain, according to which CeMat will minimise the investment risk by securing pre-sales in all projects, securing financing, and selecting general contractors with proven track records in similar projects.
The above objectives will be achieved through organic growth, and the organisation itself will continue to evolve as a result of increased expertise in the development area and with a focus on new reporting requirements, new environmental legislation and ensuring effective communication with stakeholders.
(The viability of all plans will depend on market conditions and administrative planning approval processes.)
Latest announcements
09.10.24 CeMat A/S acquires right of perpetual usufruct to land plot in Bielany, Warsaw
04.09.24 Managers’ transactions
03.09.24 Managers’ transactions
03.09.24 Managers’ transactions