{
  "docId": "019dd923-5e88-73ef-bd59-3b6bab73ddeb",
  "docSlug": "b558a119bfa2c54e",
  "documentTitle": "20230608 172439 CWCU 9YRZMYZ26FO0PKXJ.1",
  "authorId": "MorganStanley",
  "authorName": "Cromwell European REIT",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 18,
  "pageCount": 45,
  "prevPage": 17,
  "nextPage": 19,
  "slideType": "kpi_dashboard",
  "function": "quantify_impact",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "The chart combines a line graph for occupancy and a bar chart for rent reversion.",
  "elementsJson": [
    "headline_text",
    "subtitle_text",
    "bar_chart_vertical",
    "line_chart",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd59-3b6bab73ddeb/18",
  "deckHref": "/decks/019dd923-5e88-73ef-bd59-3b6bab73ddeb",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd59-3b6bab73ddeb.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd59-3b6bab73ddeb#slide-18",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "3.7% (43,881 sqm) of light industrial / logistics portfolio NLA re-leased in 1Q 2023; WALE at 4.9 years; 58% tenant retention rate",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-340c-7065-8a5b-2b34df7246f1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.92,
        "x": 0.038,
        "y": 0.22
      },
      "kind": "chart",
      "text": "CEREIT's light industrial / logistics portfolio occupancy & rent reversion (%)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "04bd2c56-a8b2-404a-a9ae-acd708605ad8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.06,
        "x": 0.8,
        "y": 0.51
      },
      "kind": "metric",
      "text": "4.6%",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4581df8e-613f-43b8-afa2-9829ba8b1b63",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.08,
        "x": 0.8,
        "y": 0.28
      },
      "kind": "metric",
      "text": "98.0%",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bd7a69dc-3546-4a4a-96f8-2f9d34ceb7ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Occupancy: 98.0%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-340c-7065-8a5b-2ccb2b6bd67a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.86,
        "x": 0.038,
        "y": 0.14
      },
      "kind": "paragraph",
      "text": "3.7% (43,881 sqm) of light industrial / logistics portfolio NLA re-leased in 1Q 2023¹; WALE at 4.9 years; 58% tenant retention rate",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ef66f146-8fba-4365-8cb0-59f90dd2e495",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.15,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "1. 26 new / renewed leases in 1Q 2023 compared with 40 in 4Q 2022, 35% lower y-o-y",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0fd92a61-98a5-4478-a47b-f908d83664f0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.83,
        "x": 0.038,
        "y": 0.068
      },
      "kind": "title",
      "text": "Light industrial / logistics portfolio effectively at full occupancy",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bb194922-03e7-4eb5-a5af-708223855e89",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 21,
      "from": 9,
      "beatId": "f3f0b25f-ed1e-4d4a-b5bd-ba666df6e9b7",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "Resilient portfolio performance and financial highlights",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}