Centuria Capital Group · ASX:CNI
Centuria Capital — Investor Presentation (September 2019)
16 slides from Centuria Capital's investor presentation, Sep 18, 2019
Slide 1: $100m Equity Raising
For personal use only Centuria Capital Group $100m Equity Raising A S X:CNI 18 September 2019 CENTURIA CAPITAL GROUP ASX:CNI 1 8 Central Avenue, South Eveleigh NSW
Slide 2: Important Notices
IMPORTANT NOTICES This presentation has been prepared and is issued by Centuria Capital Group (C NI) which is a stapled vehicle comprised of Centuria Capital Limited ACN 095 454 336 and Centuria Funds Management Limited ACN 607 153 588 as responsible entity of Centuria Capital Fund ARSN 613 856 358
Slide 3: Transaction overview
CENTURIA PLATFORM Transaction overview • For personal use only Centuria Metropolitan REIT (“CMA”) has announced the acquisition of two A-grade office properties in fringe CBD locations in Sydney and Perth for a total purchase price of $380.5m (excluding costs). CMA will fund the acquisition from deb
Slide 4: Centuria Capital funds management platform post transaction
CENTURIA PLATFORM Centuria Capital funds management platform post transaction For personal use only $6.5bn ASX:CNI Group AUM Market Capitalisation $936m1 $5.6bn $0.9bn $0.5bn Real Estate AUM Investment Bonds AUM CNI Co-Investments $3.1bn $2.5bn Centuria Life Listed Property AUM Unlisted Property AUM
Slide 5: $1bn of milestones in last three months
RECENT ACTIVITY $1bn of milestones in last three months For personal use only CNI CMA Healthcare CIP $62m1 $381m $511m3 $80m ✓ Inclusion in S&P/ASX 300 Index ✓ Acquisition of William Square ✓ $500 million institutional ✓ Four recent acquisitions for ✓ Settlement of 63% economic and 8 Central Avenue
Slide 6: Delivering growth and creating value across the platform
CENTURIA PLATFORM Delivering growth and creating value across the platform For personal use only $6.5bn AUM 14.3% $936M $1.40 NAV +0.3bn in new assets Gearing reduced Market Capitalisation + 8 cpu2 post transaction1 + $100m 1. Gearing had increased to ~23.0% post-settlement of Centuria Heathley tran
Slide 7: Equity Raising Summary
EQUITY RAISING Equity Raising Summary For personal use only • Issue of approximately 47.6 million new Securities to raise approximately $100.0 million via an underwritten institutional placement Equity raising details • Non-underwritten Securityholder Purchase Plan (“SPP”) for eligible retail invest
Slide 8: Sources and uses of proceeds
EQUITY RAISING Sources and uses of proceeds For personal use only Sources of proceeds $m Identifiable funding commitments include: Institutional Placement 100.0 • A $37.5m contribution to the planned CMA equity raising, which consists of: SPP1 - o $7.5m commitment to CMA entitlement offer Total sour
Slide 9: Indicative timetable
EQUITY RAISING Indicative timetable For personal use only Key event Date (2019)1 Record date for Securityholder Purchase Plan 7.00pm Tuesday, 17 September Launch Transaction - Institutional Placement Wednesday, 18 September Announce results of Institutional Placement; ASX trading halt lifted; Normal
Slide 10: Appendix A: Risks
For personal use only APPENDIX A Risks CENTURIA CAPITAL GROUP ASX:CNI 10 William Square Aerial, Northbridge, WA
Slide 11: Appendix A: Risks
APPENDICES Appendix A: Risks All Investments carry risk, including loss of some or all of the capital invested and failure of investments to generate a po sitive return. You should carefully consider whether an investment in CNI securities is a suitable investment for you. Some of the risks investin
Slide 12: Appendix A: Risks
APPENDICES Appendix A: Risks Property Liquidity For personal use only • The property assets to which Centuria and the funds managed by Centuria are exposed are, by their nature, illiquid investments. There is a risk that Centuria may not be able to realise property assets within a short period of ti
Slide 13: Appendix A: Risks
APPENDICES Appendix A: Risks Reliance on third party equity For personal use only • As a fund manager, growth in Centuria’s earnings may be impacted by the ability of Centuria to establish new listed or unlisted funds. Specifically such income growth is dependent on the ability of Centuria to contin
Slide 14: Appendix B: International Offer Restrictions
For personal use only APPENDIX B International Offer Restrictions CENTURIA CAPITAL GROUP ASX:CNI 14 8 Central Avenue, Eveleigh NSW
Slide 15: Appendix B: International Offer Restrictions
APPENDICES Appendix B: International Offer Restrictions This document does not constitute an offer of securities in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the securities may not be offered or sold, in any country outside
Slide 16: Centuria Metropolitan REIT
For personal use only CENTURIA METROPOLITAN REIT ASX:CMA 16
Centuria Capital Group — Investor Presentation (September 2019) on 6ix