Gpt Group · ASX:GPT
Gpt — Macquarie Australia Conference 2017
10 slides from Gpt's conference presentation, May 2, 2017
Slide 1: Macquarie Australia Conference
Macquarie Australia Conference 2 May 2017
Slide 2: Group Strategy and Outcomes
Group Strategy and Outcomes INVESTMENT PORTFOLIO DEVELOPMENT • Focus on 3 core sectors • Measured increase in exposure • Drive organic growth through asset management • Future pipeline of $2 - 3 billion of investment product • Target a Group Total Return of greater than 8.5% p.a. • Maximise value of
Slide 3: Retail Highlights
Retail Highlights Portfolio Update Macarthur Square Redevelopment Sunshine Plaza Expansion • Sales performance reflects the quality of the • Macarthur Square opened in March 2017 • Sunshine Plaza expansion commenced portfolio • $240m retail expansion − Construction of the new North East − Sales prod
Slide 4: Retail Sales Update
Retail Sales Update • Total Centre sales growth +3.2% Total Centre Sales Growth • Specialty MAT growth +2.4% as at 31 March 13.3% • Specialty sales productivity $11,072 per square metre − Compound annual growth of 5.1% in specialty sales productivity 3.2% 3.0% 2.4% 1.8% 0.6% since 2012 • Growth supp
Slide 5: Office Highlights
Office Highlights Market Update Leasing Update Valuations • March quarter data showed positive • 39,400 square metres of new leases • GWOF revalued nine assets for a market conditions for the Eastern and renewals (including Heads of valuation gain of $123.1 million Seaboard CBD office markets Agreem
Slide 6: Office Development
Office Development Corner 93-95 Phillip St & 4 Murray Rose Ave, Darling Park 4, 32 Smith St, Parramatta Sydney Olympic Park Sydney • Acquired in December 2016 for $31.2m • 15,700sqm of A-Grade office • Co-owners of Darling Park 1&2 recently • 26,000sqm of A-Grade office accommodation submitted a Dev
Slide 7: Logistics Highlights
Logistics Highlights Abbott Title Road, Seven Hills 1MARKETS 1.4% • 18,000 square metre logistics facility Portfolio like for • Construction completed in March 2017 like income • 50% leased with good enquiry on balance growth1 Eastern Creek Drive, Eastern Creek 95.1% • Site works commenced in Q1 201
Slide 8: Funds Management: GPT Wholesale Office Fund and Shopping Centre Fund
Funds Management • GWOF achieved a 12.0% IRR for the 12 months to 31 March 2017 GPT Wholesale • GWOF concluded a contract for the sale of 545 Queen Street, Brisbane for $70.5 million Office • Nine assets revalued in the March quarter, with a valuation gain of $123.1 Fund million recorded • Issued a
Slide 9: Group Focus & Guidance for 2017
Group Focus & Guidance for 2017 • High occupancy and fixed rental • Retail development completions increases underpin portfolio income in FY16 to provide full year benefit in FY17 • AFFO expected to grow faster • Office expiry profile presents than FFO in near term opportunity to capture growth in n
Slide 10: Disclaimer
Disclaimer The information provided in this presentation has been prepared by The GPT Group comprising GPT RE Limited (ACN 107 426 504) AFSL (286511), as responsible entity of the General Property Trust, and GPT Management Holdings Limited (ACN 113 510 188). The information provided in this presenta