Centuria Industrial Reit · ASX:CIP
Centuria Industrial Reit — Goldman Sachs Small and Mid-Cap Conference 2018
20 slides from Centuria Industrial Reit's conference presentation, Apr 18, 2018
Slide 1: Centuria Industrial REIT
Australian Securities Exchange – Company Announcements Platform Centuria Property Funds No. 2 Limited CENTURIA INDUSTRIAL REIT 2018 Goldman Sachs Small and Mid-Cap Conference Presentation Sydney 18 April 2018, Centuria Property Funds No. 2 Limited (CPF2L) as Responsible Entity of Centuria Industrial
Slide 2: Centuria Industrial REIT Goldman Sachs Small and Mid-Cap Conference
CENTURIA INDUSTRIAL REIT (ASX:CIP) I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Centuria Industrial REIT Goldman Sachs Small and Mid-Cap Conference PAGE 1 1 ASHBURN ROAD, BUNDAMBA, QLD
Slide 3: Overview, Portfolio Overview, Summary
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 1 Overview 2 Portfolio Overview 3 Summary 1H18 Results 1 ASHBURN ROAD, BUNDAMBA, QLD
Slide 4: Overview
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Section 1 Overview
Slide 5: Centuria Capital
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Centuria Capital Centuria Capital Group ASX-listed specialist investment manager $ 4.6b Assets Under Management 1,2 Property fund management Investment Bonds $ 3.7b Assets Under Management 1,2 $ 0.9b Assets Under M
Slide 6: CIP, Australia's largest ASX listed income focused industrial REIT
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 CIP, Australia’s largest ASX listed income focused industrial REIT Key Metrics at 31 December 2017 39 $ 1.0b $ 608m 40.6% 95.9% High quality assets Portfolio value Market Gearing 3 Portfolio capitalisation 1 occupa
Slide 7: Strategy
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Strategy CIP has a simple strategy – to deliver income and capital 24-32 Stanley Drive Somerton, VIC growth to investors from a portfolio of high quality Australian industrial assets; by –– focusing on ‘fit for pur
Slide 8: Australia's largest ASX listed income focused industrial REIT
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Australia’s largest ASX listed income focused industrial REIT –– Only ASX listed REIT with 100% exposure to Australian industrial real estate –– Large scale, geographically diversified industrial portfolio –– Inclu
Slide 9: Competition for assets drives transaction volumes
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Competition for assets drives transaction volumes Transaction Volumes and Average Cap Rate Average Industrial Yield by City (2017) $9 AUD Billions 10% Houston 8 9.5 Melbourne 7 Shanghai 9.0 Los Angeles Transaction
Slide 10: Underlying conditions remain positive for industrial occupiers
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Underlying conditions remain positive for industrial occupiers Australian GDP and CPI Projected Average Population Growth (2018-2022) Nigeria People’s Republic of China Emerging & developing 6.0 GDP CPI 3.0 % Emerg
Slide 11: Availability reducing across all key markets
0 200 400 800 600 1,000 Apr 11 Aug 11 Prime Dec 11 Apr 12 Aug 12 Dec 12 Secondary Apr 13 CENTURIA INDUSTRIAL REIT Aug 13 Market supply 1 1) Source: Knight Frank Research Dec 13 Apr 14 Available Space – Sydney Aug 14 Dec 14 Apr 15 Aug 15 Dec 15 Apr 16 Aug 16 Dec 16 Apr 17 Aug 17 Dec 17 0 200 400 800
Slide 12: Portfolio overview
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Section 3 Portfolio overview
Slide 13: High quality assets accomodating quality tenants
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Portfolio composition High quality assets accomodating quality tenants Portfolio Snapshot 1H18 FY17 1 1H17 Geographic Diversification Number of assets 39 38 37 (by value) Book value $m 1,005.2 961.2 911.9 WACR % 7.
Slide 14: Active management generates record leasing volume
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Operational highlights Active management generates record leasing volume –– Record leasing in 1H FY18, 20.1% of portfolio leased over Weighted Average Lease Expiry (by income) a six month period 70 (%) –– 100% tena
Slide 15: Over $130m transacted to improve portfolio quality
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Transactional highlights Over $130m1 transacted to improve portfolio quality Acquisitions Divestment 207-219 Browns Road Lot 14 Sudlow Road 92 Robinson Avenue 39-45 Wedgewood Drive Noble Park, VIC Bibra Lake, WA Be
Slide 16: Summary
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Section 5 Summary
Slide 17: Summary
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Summary –– CIP is Australia’s largest ASX focused income industrial REIT –– Australia’s industrial market continues to experience strong demand with 100% exposure to industrial assets from domestic and internationa
Slide 18: CIP, Australia's largest ASX listed income focused industrial REIT
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 CIP, Australia’s largest ASX listed income focused industrial REIT Key Metrics at 31 December 2017 39 $ 1.0b $ 608m 40.6% 95.9% High quality assets Portfolio value Market Gearing 3 Portfolio capitalisation 1 occupa
Slide 19: Disclaimer
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Disclaimer This presentation has been prepared by Centuria Property Funds No. 2 Limited (ABN 38 133 363 185, AFSL 340 304) (‘CPF2L’) as responsible entity of the Centuria Industrial REIT (ARSN 099 680 252 (‘CIP’ or
Slide 20: Thank you
CENTURIA INDUSTRIAL REIT I GOLDMAN SACHS SMALL AND MID-CAP CONFERENCE I 18 APRIL 2018 Thank you
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