Slide 1: NAREIT REITweek Investor Presentation June 2016
NAREIT REITWeek Investor Presentation June 2016 EXHIBIT 99.1
Slide 2: Forward-Looking Statements
1 Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical, including statements regarding management’s
Slide 3: Company Snapshot
2 Company Snapshot Non-traded public REIT founded in 2005. Independent & fully internalized/self-managed as of January 1, 2015 95 open-air shopping centers / 14.7 million sq. ft. with a Sunbelt concentration(1) 52% of gross leasable area (“GLA”) consists of grocery anchored centers(1)(2) 67% of GLA
Slide 4: Achieving Our Pure-Play Retail Focus
3 Achieving Our Pure-Play Retail Focus 2 0 1 3 $460 million apartment portfolio sale to Completed $1.8 billion sale of net lease (non-core) assets to 2 0 1 4 $395 million modified “Dutch Auction” tender offer(Repurchased shares at high-end of the range and all shares properly tendered were rep
Slide 5: Continued Evolution to a Pure-Play Retail REIT
4 Continued Evolution to a Pure-Play Retail REIT Spin-off of “non-core” assets into Highlands REIT, Inc. Highlands is a stand-alone, independent, non-traded REIT. April 2016 Pending sale of student housing platform for $1.4 billion Expected Completion end of June 2016 Spin-off & listing of Xenia
Slide 6: Implementing Best Practices
5 Implementing Best Practices Internal Operations - Intense focus on mark-to-market opportunities - Implementing direct leasing - Implementing systems and processes to ensure operational excellence - Expanding regional offices to drive cost efficiencies & enhance market knowledge Portfolio Strategy
Slide 7: Focus on Transformation of Portfolio Continues
6 Focus on Transformation of Portfolio Continues Total(1) Strategic Retail Portfolio(1) Non-Strategic Retail Portfolio(1) Properties 95 61 34 Gross GLA 14.7M 9.9M 4.8M % Economic Occupancy 93% 95% 88% % Grocery Anchored(2) 52% 60% 35% ABR per SF(3) $15.55 $16.03 $14.49 3-Mile Population ~77K ~80K ~7
Slide 8: Market Presence – Concentration on Demographics
7 Market Presence – Concentration on Demographics 95 14.7 # of Properties Million Retail Sq. Ft. As of 03/31/16, includes IAGM JV
Slide 9: Focused on Growth Sunbelt Markets
8 Focused on Growth Sunbelt Markets Top Markets by Gross Leasable Area (GLA)(1) (1) Excludes ground / specialty leases and includes PGGM JV at 100% (2) Source: Green Street Advisors, as of 12/31/15 (3) Chicago is not considered a strategic market 12.8% 10.5% 7.8% 6.3% 5.4% 5.0% 5.0% 5.0% 3.3% 3.3% 0
Slide 10: Staggered Lease Renewals & High Quality Tenants
9 Staggered Lease Renewals & High Quality Tenants 15.4% 14.2% 15.4% 14.7% 9.9% 2017 2018 2019 2020 2021 0.0% 5.0% 10.0% 15.0% 20.0% Lease Expiration by % of Total Annualized Rent As of 03/31/16, includes IAGM JV (1) Properties acquired post 03/31/16 are not included in percentages Diversified and Ba
Slide 11: Driving Future Growth Through Selective Investment Strategy
10 Driving Future Growth Through Selective Investment Strategy Simple, Focused & Disciplined Exit Markets with Insufficient Asset Concentration Sell Non-Strategic Assets with Low Growth Potential Invest In Open- Air Centers • Grocery- anchored • Power centers Markets w/ Strong Demographics • Job & w
Slide 12: Investment Strategy Execution
11 Investment Strategy Execution Date Range: 1/1/15 to 5/1/2016 Acquisitions (1) Dispositions (2) Number of Properties 9 25 GLA 1.8M Average (~200K) 2.4M Average (~96K) Occupancy 96% 94% ABR per SF(3) $17.24 $12.08 (1) The analysis includes retail properties owned as of 5/1/2016. The metrics reflect
Slide 13: Recent Acquisitions – Upgrading the Portfolio
12 Recent Acquisitions – Upgrading the Portfolio Stevenson Ranch Plaza • Los Angeles • Acquired April 2016 • Ralph’s anchored • 97% occupied • 187K sq. ft. • 3-mile Avg. Income - $87,000 • 3-mile Population – 68,000 Shops at the Galleria • Austin, TX MSA • Acquired April 2016 • Power Center • 99% oc
Slide 14: Long-Term Balance Sheet Management
13 Long-Term Balance Sheet Management Structure liabilities to reduce cyclical pressures Lower cost of capital & increase term Well-staggered debt maturities Increase unencumbered asset base Maintain flexibility and access to a variety of capital Use dispositions and student housing sale as a source
Slide 15: Debt Profile
14 Debt Profile $- $250 $500 $750 $1,000 Manageable Mortgage Debt Maturities as of 3/31/16 Fixed Variable 88% 12% Debt Composition As of 3/31/16 Fixed Rate Debt Floating Rate Debt 4Q2015 Secured a $300 Million Unsecured Term Loan This borrowing capacity significantly increased InvenTrust’s financial
Slide 16: Strategy Moving Forward as a Pure-Play Retail REIT
Strategy Moving Forward as a Pure-Play Retail REIT Focus and drive value as a pure-play retail platform Concentrate investment capital in high job & population growth markets - Sunbelt focused Opportunistically sell non-strategic retail properties Continue to strengthen our balance sheet and capital
Slide 17: InvenTrust Properties
Inventrust Properties
Slide 18: InvenTrust Executive Team
17 InvenTrust Executive Team Tom McGuinness President & CEO 35 years in commercial real estate industry including several leadership positions with notable industry associations. McGuinness was appointed as a director of InvenTrust in Feb. 2015, Chief Executive Officer in Nov. 2014 and has served as