Growthpoint Properties Australia · ASX:GOZ
Growthpoint Properties Australia — Shareholder Meeting (November 2019)
20 slides from Growthpoint Properties Australia's shareholder meeting presentation, Nov 21, 2019
Slide 1: 2019 Annual General Meeting Addresses and Presentation
For personal use only 21 November 2019 Growthpoint Properties Australia (ASX:GOZ) 2019 Annual General Meeting Addresses by Chairman Geoffrey Tomlinson and Managing Director Timothy Collyer Please find attached the Chairman’s and Managing Director’s addresses and presentation to be delivered at the 2
Slide 2: Chairman's address
Growthpoint Properties Australia 2019 AGM Chairman’s address Welcome to the combined Annual General Meeting of the shareholders of Growthpoint Properties Australia Limited and a meeting of the unitholders of Growthpoint Properties Australia Trust. I am your Chairman, Geoff Tomlinson. For personal us
Slide 3: Chairman's address: 10 years of growth
Since then the Group has grown, adding new properties to the portfolio each year, and enhancing its existing assets. The portfolio now consists of 58 properties, valued at over $4 billion. We have also diversified, adding a number of high-quality offices to the portfolio. For personal use only Over
Slide 4: Managing Director's address
Growthpoint Properties Australia 2019 AGM Managing Director’s address Thank you, Geoff. Good afternoon everyone, I would like to welcome you to the Growthpoint Properties Australia 2019 Annual General For personal use only Meeting. Today I will provide an overview of our business, including a snapsh
Slide 5: Managing Director's address: portfolio positioning and tenants
Growthpoint’s modern and well leased property portfolio is positioned to deliver sustainable growth in a slowing economy. While, tenant demand has moderated in some locations, we have been diligent in renewing existing portfolio leases For personal use only with our tenants. This has enabled Growthp
Slide 6: Managing Director's address: sustainability and outlook
begin redevelopment of the site. Established developers have also made offers to buy the site, highlighting the high demand for well-located industrial land in Melbourne. We are continually looking for ways to operate in a more sustainable way across our business and to be a positive For personal us
Slide 7: Positioned for growth: 2019 Annual General Meeting
For personal use only positioned for growth. 2019 Annual General Meeting 21 November 2019 Botanicca 3, 570 Swan Street, Richmond, VIC Growthpoint Properties Australia Growthpoint Properties Australia Trust ARSN 120 121 002 Growthpoint Properties Australia Limited ABN 33 124 093 901 AFSL 316409 www.g
Slide 8: Board of Directors and Executive Management
Growthpoint Properties Australia Board of Directors and Executive Management. For personal use only Geoffrey Tomlinson Timothy Collyer Maxine Brenner Estienne de Klerk Jacquee Jovanovski Michael Green Independent Chairman and Managing Director Independent Director Director Chief Operating Officer Ch
Slide 9: Recognising years of Growthpoint: FY10
Recognising 10 years of Growthpoint. For personal use only FY10 25 $0.8bn 100% N/A $0.3bn 18% Total Property Market Free float Properties Industrial Securityholder portfolio value capitalisation return Growthpoint Properties Australia – Annual General Meeting | 21 November 2019 3
Slide 10: Recognising years of Growthpoint: FY19
Recognising 10 years of Growthpoint. For personal use only FY19 69% 57 $4.0bn 21.0% $3.4bn 38% 31% Total Property Market Free float Properties Office / Industrial Securityholder portfolio value capitalisation return Growthpoint Properties Australia – Annual General Meeting | 21 November 2019 4
Slide 11: Timothy Collyer, Managing Director
For personal use only 836 Wellington Street, West Perth, WA Timothy Collyer, Managing Director
Slide 12: Property Portfolio
Property Portfolio. 86% of properties located on eastern seaboard For personal use only by property value1,2 Office metropolitan properties (23 assets) Office CBD properties (3 assets) 29% Queensland Industrial properties (32 assets) $1,172.8 million – Office $915.2 million – Industrial $257.6 milli
Slide 13: Our business strategy
Our business strategy. For personal use only Performance is driven through the following strategic initiatives: 1. 2. 3. Invest in Maximise Maintain quality assets. value. occupancy. We seek to invest in the Asset retention and High levels of tenant best quality commercial management strategies sati
Slide 14: Managing risks to our income stream
Managing risks to our income stream. For personal use only Annual rent review Tenant type (%) Portfolio lease expiry (%) type (%)1 by income per financial year, by income, as at 30 September 2019 as at 30 September 2019 by income as at 30 September 2019 5% 1% 61% 15% 19% 11% 58% 23% 68% 16% 7% 9% 5%
Slide 15: FY19 highlights
FY19 highlights. For personal use only Funds from Distribution Net tangible operations per security assets per security 25.1cps 23.0cps $3.52 1 +0.4% on FY18 +3.6% on FY18 +10.3% on 30 June 2018 Property Net property Portfolio portfolio value income occupancy $4.0 bn $ 230.4m 98% +18.7% on 30 June 2
Slide 16: Creating value from our development pipeline
Creating value from our development pipeline. For personal use only Botanicca 3 A-Grade office building 1Q19 development Expected $149m commenced completion end value 3Q20 Gepps Cross Woolworths DC 3Q19 development Expected $126m commenced completion value at 30 June 2019 1Q21 Broadmeadows Logistics
Slide 17: FY19 environment, social and governance highlights
FY19 environment, social and governance highlights. For personal use only Our Integrity Increased GRESB values doing the right thing average NABERS score for tenants, investors and team energy rating to 4.8 66/100 (CY17: 64/100) (FY18: 4.6 stars) Respect Inclusion dealing with others appreciating ou
Slide 18: Outlook
Outlook. For personal use only FY20 guidance Development Strong balance reaffirmed pipeline sheet, providing • FFO of ‘at least’ supporting financial 25.4 cents per ongoing flexibility security distribution • DPS of 23.8 cents growth Growthpoint Properties Australia – Annual General Meeting | 21 Nov
Slide 19: Disclaimer
Disclaimer. For personal use only This presentation has been prepared by Growthpoint Properties Australia Limited (ACN 124 093 901) in its personal capacity and as responsibility entity of Growthpoint Properties Australia Trust (ARSN 120 121 002) about the activities of Growthpoint Properties Austra
Slide 20: Contact us
Contact us. For personal use only Retail Investors Computershare Investor Services Pty Limited GPO Box 2975, Melbourne VIC 3001 1300 850 505 (within Australia) +61 (3) 9415 4000 (outside Australia) webqueries@computershare.com.au Institutional Investors Virginia Spring – Investor Relations Manager +
Growthpoint Properties Australia — Shareholder Meeting (November 2019) on 6ix