Charter Hall Long Wale Reit · ASX:CLW
Charter Hall Long Wale Reit — Shareholder Meeting (November 2019)
18 slides from Charter Hall Long Wale Reit's shareholder meeting presentation, Nov 26, 2019
Slide 1: 2019 Annual Securityholders' Meeting
The Glasshouse, 45-61 Waterloo Road, Macquarie Park, NSW For personal use only Artist’s impression Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting 26 November 2019 Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting
Slide 2: Agenda
For personal use only 1. Independent Chair’s Address: Peeyush Gupta AM 2. Fund Manager’s Address: Avi Anger Agenda 3. Questions 4. Items of Business Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting
Slide 3: Independent Chair's Address
Independent Chair’s Address For personal use only Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting 242 Exhibition Street, Melbourne, VIC
Slide 4: Board of Directors
Independent Chair’s Address Board of Directors For personal use only Peeyush Gupta AM Chair Glenn Fraser Ceinwen Kirk-Lennox David Harrison Adrian Taylor Non-Executive Director Non-Executive Director Managing Director & Group CEO Office CEO Fund Managers Avi Anger Darryl Chua Kerri Leech Fund Manage
Slide 5: Delivering on strategy
Independent Chair’s Address Delivering on strategy Growing portfolio underpinned by stable and secure long-term income For personal use only Provide investors with stable and secure income and target income and capital growth through exposure to long WALE properties Grow the portfolio across multipl
Slide 6: Portfolio evolution since IPO
Fund Manager’s Address Portfolio evolution since IPO Enhanced scale, sector diversification and eastern seaboard exposure For personal use only IPO (Nov-16) Current portfolio1 Change Number of properties 66 158 92 Property valuation $1,253m $2,877m $1,624m Weighted Average Capitalisation Rate (“WACR
Slide 7: The Glasshouse, Macquarie Park
Fund Manager’s Address For personal use only Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting The Glasshouse, 45-61 Waterloo Road, Macquarie Park, NSW Artist’s impression
Slide 8: Highlights
Fund Manager’s Address Highlights For personal use only Financial Portfolio Capital performance performance management FY19 Operating EPS of 26.9 cents 13.3 year WALE1 24.7% gearing1,3 up 1.9% from FY18 up 23% from 10.8 years at lower end of target range of 25% – 30 June 2018 35%3 FY19 DPS of 26.9 c
Slide 9: Acquisitions announced in 1H FY20
Fund Manager’s Address Acquisitions announced in 1H FY20 Continued strategic transaction activity enhancing covenant strength, diversification and WALE For personal use only August 2019 November 2019 Exhibition Exchange, Melbourne, VIC Kent Street Exchange, Sydney, NSW ATO Upper Mount Gravatt, QLD T
Slide 10: Evolution of tenant composition since IPO
Fund Manager’s Address Evolution of tenant composition since IPO Addition of new high quality ASX-listed, government and multinational tenants For personal use only Major tenants1 57% ASX listed: food/liquor 39% ASX listed: 12% banks/non- food/other 28% Government/ 24% government related 20% 7% Mult
Slide 11: Evolution of portfolio WALE since IPO
Fund Manager’s Address Evolution of portfolio WALE since IPO Increased portfolio WALE (+0.8 years) and diversification of expiry profile For personal use only IPO portfolio WALE Current portfolio WALE 12.5 years 13.3 years 31.1% 27.0% 24.5% 18.1% 13.0% 10.2% 9.8% 7.8% 7.4% 5.2% 4.5% 4.4% 4.7% 4.0% 3
Slide 12: Questions
Questions For personal use only Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting Exhibition Exchange, Melbourne, VIC
Slide 13: Items of Business
Items of Business For personal use only Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting 242 Exhibition Street, Melbourne, VIC
Slide 14: Formal Business
Formal Business For personal use only • If there are any Securityholders who are eligible to vote who have not received their yellow card, please see a representative from Link Market Services desk • Those Securityholders holding a yellow card, please note you are eligible to vote and speak at the m
Slide 15: Re-election of Independent Director
Item 1 - Resolution 1 Re-election of Independent Director For personal use only To consider, and if thought fit, pass the following resolution, as an advisory, non-binding resolution of the Securityholders: “That Mr Peeyush Gupta AM, a Director of Charter Hall WALE Limited be re-elected as a Directo
Slide 16: Resolution – Proxies
Resolution 1 – Proxies For personal use only FOR: 90.00% OPEN: 0.14% AGAINST: 9.86% Charter Hall Long WALE REIT 2019 Annual Securityholders’ Meeting 16
Slide 17: Contact Information
Contact Information For personal use only Avi Anger Kerri Leech Darryl Chua Philip Cheetham Fund Manager Head of Finance Deputy Fund Manager Head of Listed Investor Relations Charter Hall Long WALE REIT Charter Hall Long WALE REIT Charter Hall Long WALE REIT Charter Hall T: +61 2 8651 9111 T: +61 2
Slide 18: Office locations
For personal use only Sydney Head Office Melbourne Brisbane Perth Adelaide Level 20, No.1 Martin Place Level 14, 570 Bourke Street Level 22, Northbank Plaza Level 5, St Georges Square Level 2, 80 Pirie Street Sydney, NSW, 2000 Melbourne VIC 3000 69 Ann Street 225 St Georges Terrace Adelaide SA 5000
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