Stockland · ASX:SGP
Stockland — Investor Day (December 2016)
72 slides from Stockland's investor day presentation, Dec 7, 2016
Slide 1: ASX cover letter for Stockland Investor Day
Level 25, 133 Castlereagh Street Sydney NSW 2000 GPO Box 998 Sydney NSW 2000 T +61 2 9035 2000 F +61 2 8988 2000 www.stockland.com 7 December 2016 For personal use only ASX Limited 20 Bridge Street Sydney NSW 2000 Stockland (ASX Code: SGP) Stockland Investor Day Please find attached the presentation
Slide 2: Stockland Investor Day: Shape Thriving Communities
For personal use only Stockland Investor Day Shape Thriving Communities 8 DECEMBER 2016 Willowdale Regional Park, NSW
Slide 3: Investor Day Agenda
Stockland Investor Day December 2016 | 2 Investor Day Agenda For personal use only Time Presentations Time Tour 8:00am Registration Arrival 11:05am Travel 11:50am Arve Site Tour 8:15am Shaping Thriving Communities Speaker: Ben Cantwell (General Manager – Medium Density) Speakers: Mark Steinert and S
Slide 4: Stockland Attendees
Stockland Investor Day December 2016 | 3 Stockland Attendees For personal use only Mark Steinert Managing Director and CEO Tiernan O’Rourke Katherine Grace Michael Rosmarin Simon Shakesheff Chief Financial Officer General Counsel and Group Executive and Group Executive Company Secretary Chief Operat
Slide 5: Stockland Attendees
Stockland Investor Day December 2016 | 4 Stockland Attendees For personal use only Mike Davis Gavin Tonnet Ben Cantwell General Manager, National Head of General Manager, Residential Development, Apartments and Medium Density Vic General Manager, NSW Residential Teresa Maguire James Westh Kelly Mill
Slide 6: Stockland in Victoria
Stockland Investor Day December 2016 | 5 Stockland in Victoria For personal use only Stockland Victoria 17% of Stockland by assets Key Retail Logistics & Business Parks Residential Communities Medium Density Retirement Living
Slide 7: Shape Thriving Communities
For personal use only Shape Thriving Communities SPEAKERS: MARK STEINERT AND SIMON SHAKESHEFF Newhaven Robot Park, WA
Slide 8: Thriving Communities
Stockland Investor Day December 2016 | 7 Thriving Communities For personal use only 154 million customers visit a Stockland shopping centre every year 6,700+ families move into a home in a Stockland residential community every year 11,800+ retirees call our retirement villages home 1.4m sqm+ employm
Slide 9: Smart Communities
Stockland Investor Day December 2016 | 8 Smart Communities For personal use only SMARTPHONES TRAFFIC SMART WASTE SMART ROADS DETECTION CONGESTION LIGHTING MANAGEMENT VEHICLE RENEWABLE AUTO-DIAGNOSIS ENERGY SMART GRID BUILDING MANAGER THERMAL AND SMART HOME ELECTRICAL STORAGE Source: Parag Khanna
Slide 10: We Create Communities: Customer insight
Stockland Investor Day December 2016 | 9 We Create Communities: Customer insight For personal use only National survey on community attitudes for our residents Importance Importance ofof keykey drivers drivers Community wants Community perceptions Family needs 47% Strong identity Road safety Communi
Slide 11: We Create Communities
Stockland Investor Day December 2016 | 10 We Create Communities For personal use only Health & Happiness Our research shows Stockland → residents enjoy a higher level of wellbeing than most other communities Natural Spaces Each home in a Stockland → community is designed to be within walking distanc
Slide 12: Creating Communities Near Transport Links
Stockland Investor Day December 2016 | 11 Creating Communities Near Transport Links For personal use only 0 7.5 15 Cloverton Kilometres Highlands Melbourne Airport Arve Melbourne CBD The Grove The Address Stamford Park
Slide 13: Customer Led Development
Stockland Investor Day December 2016 | 12 Customer Led Development Artist’s Impression Artist’s Impression For personal use only Wetherill Park, NSW Toowong, Arve, QLD Vic Artist’s Impression Artist’s Impression Cardinal Freeman, The Green Residences, NSW Hills, Stockland NSW Harrisdale, WA Willowda
Slide 14: Asian Century
Stockland Investor Day December 2016 | 13 Asian Century For personal use only Source: Parag Khanna
Slide 15: Our Communities: Over 90% located on eastern seaboard
Stockland Investor Day December 2016 | 14 Our Communities: Over 90%1 located on eastern seaboard For personal use only Qld: 24% QLD: oftotal 24% of Stockland assets total assets Population • 20.1% of National Population WA: 8%ofoftotal WA: 8% Stockland assets total assets Gross State • 18.4% of Nati
Slide 16: Our Strategy for Success
Stockland Investor Day December 2016 | 15 Our Strategy for Success For personal use only Our Vision To be a great Australian real estate company that makes a valuable contribution to our communities and our country Our Values Community Accountability Respect Excellence Our Purpose We believe there i
Slide 17: Strategic Priorities
Stockland Investor Day December 2016 | 16 Strategic Priorities For personal use only Customer Focus Grow Asset Returns Operational Capital and Customer Base Excellence Strength Discipline in acquiring and divesting → Systems and processes improvement → Maintain A- credit rating → assets to optimise
Slide 18: Active Asset Management
Stockland Investor Day December 2016 | 17 Active Asset Management For personal use only → Maximising value from our diversified business model Aquisitions1 Divestments1 Retail $120m Retail $450m Commercial Property: capital recycling → L&BP & Office $500m L&BP & Office $870m into our development pip
Slide 19: Active Asset Management
Stockland Investor Day December 2016 | 18 Active Asset Management For personal use only # 1 → Transforming the scale and quality of our portfolio 88% assets specialty sales productivity over $8,000/sqm Centres that are #1 in their trade area → while excluding our most productive or have a differenti
Slide 20: Customer Focussed
Stockland Investor Day December 2016 | 19 Customer Focussed Oceanside Retirement Living Cardinal Freeman, For personal use only Artist’s Impression The Residences Customer Insights Shaping communities through → Stockland Exchange - our active asset management own research community → Broaden custome
Slide 21: Creating Sustainable Communities
Stockland Investor Day December 2016 | 20 Creating Sustainable Communities For personal use only Stockland has been leading in Our achievements include: ⎷ Australia’s first Green Star retail portfolio rating covering 22 of our centres sustainability for over 10 years ⎷ Seven Green Star rated communi
Slide 22: Our diversified model
Stockland Investor Day December 2016 | 21 Our diversified model For personal use only FY21 Target Allocation Residential → Maximise returns by creating better places to live 20-30% Retirement → Leading operator and developer 5-10% Office → Optimise returns - tactical allocation 15-20% L&BP → Grow an
Slide 23: Workshops: Shape Thriving Communities
For personal use only Workshops Shape Thriving Communities Bellevue Gardens Retirement Village, NSW
Slide 24: Workshop: Stockland Green Hills
01 For personal use only Workshop: Stockland Green Hills Shape Thriving Communities SPEAKERS: TONY TSEKOURAS AND TIM BEATTIE
Slide 25: Stockland Retail Centres
Stockland Investor Day December 2016 | 24 Stockland Retail Centres For personal use only Cairns North Shore Green Townsville Hills NT QLD Rockhampton Gladstone Bundaberg WA Hervey Bay Caloundra Cleveland Burleigh Heads GOLD COAST SA Tamworth Forster Riverton Green Hills NSW Bull Creek Glendale Walls
Slide 26: Stockland Green Hills: Development opportunity
Stockland Investor Day December 2016 | 25 Stockland Green Hills For personal use only Development opportunity Highly Performing # 1 Little Gun 1 Shopping Centre for best performing sub-regional in Australia in 2015 Valued in September 2015: $354m, 5.75% cap rate → Specialty stores outperforming → We
Slide 27: A High Performing Asset
Stockland Investor Day December 2016 | 26 A High Performing Asset For personal use only Stockland Green Hills Sales Productivity Key Single DDS Regional Centre CREATE ICONS FOR CATEGORIES Stockland Green Hills Productivity of the Centre is Single DDS average high with specialty MAT per sqm Regional
Slide 28: Conversion to a major regional centre
Stockland Investor Day December 2016 | 27 Conversion to a major regional centre For personal use only $412m redevelopment of Stockland Green Hills → (NSW) commenced in January 2016 to deliver Pre-development On completion in FY18 ~7.0% stabilised yield1 and ~11.9% incremental IRR Gross lettable area
Slide 29: Leasing Strategy: Targeting Retail Trends
Stockland Investor Day December 2016 | 28 Leasing Strategy: Targeting Retail Trends For personal use only Pavilion dining Catering to the → customer demand for a better local offering of café and restaurant dining options Courtyard Entertainment Casual dining and leisure Expanded and relocated casua
Slide 30: Leasing Strategy: Targeting Retail Trends
Stockland Investor Day December 2016 | 29 Leasing Strategy: Targeting Retail Trends For personal use only Four major precincts being developed based on critical customer need and the Quantium mapping: → Significant youth apparel precinct anchored by a large international → Apparel precinct anchored
Slide 31: Creating Communities
Stockland Investor Day December 2016 | 30 Creating Communities For personal use only Sustainable design features to deliver spaces where people gather Energy efficiency → Water efficiency → Quality indoor environment → Larger 1,000 kW solar PV system to → deliver more renewable energy Recycle at lea
Slide 32: Workshop: Planning for Apartments
01 For personal use only Community Workshop: Planning for Apartments Partnerships Understanding our Customer SPEAKER: GAVIN TONNET Artist’s Impression Merrylands Apartments, NSW
Slide 33: Assessing Customer Needs
Stockland Investor Day December 2016 | 32 Assessing Customer Needs For personal use only Merrylands Apartments, NSW Artist’s Impression Customer Insights Understanding and designing for our customers → → Identify the market and customer requirements → Leverage specific market expertise of agents Sup
Slide 34: Broadening Customer Reach
Stockland Investor Day December 2016 | 33 Broadening Customer Reach For personal use only Toowong Apartments, QLD Artist’s Impression Meeting Customer demands → Creating urban environments that make a positive contribution to our cities → Delivering affordability and lifestyle Leveraging group capab
Slide 35: Workshop: Community Partnerships
01 For personal use only Community Workshop: Community Partnerships Partnerships Shape Thriving Communities SPEAKER: JANE ANDREWS
Slide 36: Shape Thriving Communities: Our approach
Stockland Investor Day December 2016 | 35 Shape Thriving Communities Our approach For personal use only Health and wellbeing Community Health & Connection → Activities and places that encourage positive Wellbeing Education physical and mental health → Smart design that optimises accessibility, safet
Slide 37: Three Key Partnerships
Stockland Investor Day December 2016 | 36 Three Key Partnerships For personal use only Our goal is to shape thriving communities by facilitating healthier living, promoting community connection and providing lifelong learning opportunities Health and Wellbeing Education Community Connection
Slide 38: Education: Green Hills Employment Programme
Stockland Investor Day December 2016 | 37 Education Stockland Green Hills Employment Programme For personal use only The Connectivity Centre Connecting local job seekers → Facilitates training and tailored employment brokerage services for local job seekers → Provide training and employment for pote
Slide 39: Education: Retail Ready
Stockland Investor Day December 2016 | 38 Education Australian Retailer’s Association ‘Retail Ready’ For personal use only Training to provide a pool of local people ready to fill new jobs Accreditation → Accreditation received - Certificate II in Retail Services → Offers a pathway to Graduate Certi
Slide 40: Education: Employment programmes
Stockland Investor Day December 2016 | 39 Education Employment programmes For personal use only Progress with ARA to date – Stockland Green Hills → Collaboration between ARA, the Connectivity Centre team and the NSW Department of Industry → Employers supporting the program: Best & Less, Woolworth, C
Slide 41: Bowls Australia
Stockland Investor Day December 2016 | 40 Community Connection, Health and Well Being Bowls Australia For personal use only Why Bowls Australia? → 33 villages have bowling greens → Bowls rated in fourth position for resident interests → 78% of residents participated in organised activities in preced
Slide 42: Demonstrating Value
Stockland Investor Day December 2016 | 41 Demonstrating Value For personal use only Contributing to leads and conversions → Community health talks and coaching clinics → Social connection →
Slide 43: Health and Wellbeing: Parkrun Australia
Stockland Investor Day December 2016 | 42 Health and Wellbeing Parkrun Australia For personal use only → Parkrun is inclusive; you can run, walk, stroll or push → Investment - Free for runners and low for sponsors → In 2014-15, 63.4% of Australians aged 18 years and over were overweight or obese → P
Slide 44: Health and Wellbeing: Parkrun Australia
Stockland Investor Day December 2016 | 43 Health and Wellbeing Parkrun Australia For personal use only Programme overview Demonstrating value → Not for profit, community-run program that → 41 runs held across our sites in FY16 provides free, weekly running events for → 2,399 total registered runners
Slide 45: Parkrun Australia: Customer Feedback
Stockland Investor Day December 2016 | 44 Health and Wellbeing Parkrun Australia, Customer Feedback For personal use only “I started coming to parkrun North Shore parkrun in the Stockland Development area just over a year ago. My best friend, Tracy, had been going for sometime and I decided to give
Slide 46: Summary and Outlook
01 For personal use only Summary and Outlook Shape Thriving Communities Highlands, Vic
Slide 47: Summary & Outlook
Stockland Investor Day December 2016 | 46 Summary & Outlook For personal use only Targeting FY17 FFO per security growth of 5-7%, with → a profit skew to 2H17, assuming no material change in market conditions. Underpinned by: Settlements above 6,000 residential lots, with a significant → settlement
Slide 48: Asset Tour: Cloverton, Highlands, Arve
01 Cloverton For personal use only Asset Tour Highlands Shape Thriving Communities Arve Scan QR code for link to Stockland Tooronga video
Slide 49: Arve
01 For personal use only Arve Shape Thriving Communities SPEAKER: BEN CANTWELL Artist’s Impression Scan QR reader for link to Arve video
Slide 50: Medium Density
Stockland Investor Day December 2016 | 49 Medium Density For personal use only Willowdale Medium Density, NSW Artist’s Impression Broadening customer reach through: → 2,500 Town Home opportunities on our landbank → Acquisition of two new standalone projects: → Stamford Park, Rowville, Vic → Arve, Iv
Slide 51: Cloverton
For personal use only Cloverton Shape Thriving Communities SPEAKER: TERESA MAGUIRE Artist’s Impression
Slide 52: Cloverton: Melbourne's Northern City
Stockland Investor Day December 2016 | 51 Cloverton: Melbourne’s Northern City For personal use only
Slide 53: Cloverton masterplanned community
Future Shared Path Stockland Investor Day December 2016 | 52 Future Outer Metropolitan Ring Road Masterplanned Community E M U H Future Residential (Other Developer) For personal use only Largest masterplanned → First residents moved in → community in Victoria November 2016 Future State Primary Scho
Slide 54: Cloverton: Strategic Context
Stockland Investor Day December 2016 | 53 Cloverton: Strategic Context For personal use only
Slide 55: Cloverton: Strategic Context
Stockland Investor Day December 2016 | 54 Cloverton: Strategic Context For personal use only
Slide 56: Cloverton: Scale Comparisons
Stockland Investor Day December 2016 | 55 Cloverton: Scale Comparisons For personal use only
Slide 57: The Four Pillars of Cloverton
Stockland Investor Day December 2016 | 56 The Four Pillars of Cloverton For personal use only
Slide 58: Principal Town Centre Planning
Stockland Investor Day December 2016 | 57 Principal Town Centre Planning For personal use only
Slide 59: Highlands
For personal use only Highlands Shape Thriving Communities SPEAKER: JAMES WESTH & KELLY MILLER Scan QR code for link to Highlands video
Slide 60: Shaping Thriving Communities: Highlands
Stockland Investor Day December 2016 | 59 Shaping Thriving Communities: Highlands For personal use only True masterplanned community → UDIA 2013 & 2015 Best Masterplanned Community in Australia 35 minutes north of Melbourne CBD → One of the fastest growing communities in Australia → Highlands consis
Slide 61: Shaping Thriving Communities: Highlands
Stockland Investor Day December 2016 | 60 Shaping Thriving Communities: Highlands For personal use only Melbourne CBD Melbourne Airport – 23min Craigieburn Train Station Hume Global Learning Highlands Private Childcare Splash Aqua & Leisure Centre – 5min Lake – 3min – 3min Centre – 4min Aitken Creek
Slide 62: Highlands: Creating a Community
Grand Blvd Aitk Future Newbury Newbury Child & Community Centre Primary School Grand Blvd Proposed Baseball Field Eclipse Childcare Stockland Investor Day December 2016 | 61 Creating a Community Brookfield Blvd Proposed Neighbourhood Activity Centre Highlands Shopping Centre er Drive For personal us
Slide 63: Retirement Living: Consistently High Resident Satisfaction
Stockland Investor Day December 2016 | 62 Retirement Living: Consistently High Resident Satisfaction For personal use only Drivers of Overall Happiness Importance Resident’s Voice Survey 20161 90% of residents rate their overall happiness between → The Home 40% 40% 40% 7 and 10 on a scale of 1 to 10
Slide 64: Highlands Medical Centre
Stockland Investor Day December 2016 | 63 Highlands Medical Centre For personal use only Highlands medical centre is Stockland’s first → The 1,500 sqm medical facility will be operated → stand alone medical centre development by Primary Health and will include: within our masterplanned communities –
Slide 65: A Sustainable and Thriving Community
Stockland Investor Day December 2016 | 64 A Sustainable and Thriving Community For personal use only Sustainable community Highlands has access to Class A recycled water → and is the largest masterplanned community with recycled water in Victoria Natural grasslands and habitat is reserved to support
Slide 66: Asset Profiles
For personal use only Asset Profiles Shape Thriving Communities
Slide 67: Arve, Ivanhoe – Residential Communities (Vic)
Stockland Investor Day December 2016 | 66 Arve, Ivanhoe – Residential Communities (Vic) For personal use only Project Description Product Mix Development Update Arve is a medium density redevelopment of the old Having a variety of two, three and four bedroom products, All products at Arve have been
Slide 68: Arve, Ivanhoe – Residential Communities (Vic)
Stockland Investor Day December 2016 | 67 Arve, Ivanhoe – Residential Communities (Vic) For personal use only Summary Information as at: June 2016 Total project value* $69 million Total lots# 81 Primary target market Upgraders, Investors and Downsizers Price point From $725,00 * Total revenue genera
Slide 69: Cloverton – Residential Communities (Vic)
Stockland Investor Day December 2016 | 68 Cloverton – Residential Communities (Vic) For personal use only Project Description Product Mix Retail Proximity Cloverton is Victoria’s largest masterplanned community, Product and pricing ensures a strong focus on addressing The major retail facility onsit
Slide 70: Cloverton – Residential Communities (Vic)
Stockland Investor Day December 2016 | 69 Cloverton – Residential Communities (Vic) For personal use only Summary Information as at: June 2016 Total project value* $3,430 million Total lots# 11,042 Primary target market First Home Buyers, Upgraders, Builders & Investors Price point $148,000 – $248,0
Slide 71: Thank you
For personal use only Thank you Shape Thriving Communities Front Cover Image Credit: Crosbie Lorimer
Slide 72: Important Notice
For personal use only Important Notice While every effort is made to provide accurate and complete information, Stockland does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended use. This presentation contains forward-