Slide 1: September 2018 quarterly update
DFO Perth, WA September 2018 quarterly update 312018 Vicinity Centres | September 2018 quarterly update | 31 October October 2018
Slide 2: Executing on strategy over the quarter
Executing on strategy over the quarter Portfolio quality enhanced and active approach to capital management Advancing Up to $1b divestment program progressing well, 11 non-core assets sold for $631m in October 2018, portfolio three months ahead of schedule enhancement DFO Perth and The Glen stage 3
Slide 3: Significant progress toward owning market-leading destinations
Significant progress toward owning market-leading destinations Divestment of $631m of non-core assets enhancing portfolio quality Non-core asset divestments Sep-18 11 assets sold $631m of non-core asset sales Destination portfolio2 Current portfolio3 Jun-18 completed of up to $1b targeted for FY19 N
Slide 4: Strength of destination portfolio metrics reinforce strategy
Destination portfolio1 Strength of destination portfolio metrics reinforce strategy Destination portfolio statistics Specialty store MAT/sqm2 Specialty SS + MM2,5 Occupancy $10,932 Driven by strong results across the Sep-18 MAT2 ($/sqm) MAT growth (%) costs2 (%) flagship assets Chadstone6 18,891 +7.
Slide 5: Portfolio sales by store type
Portfolio sales by store type Improving sales growth across the majority of store types Actual1 Comparable2 growth Broad increase in portfolio sales Driven by improvement in both underlying sales and portfolio quality MAT Proportion Sep-18 (%) Sep-18 of portfolio Jun-18 ($m) (%) Destination3 Current
Slide 6: Portfolio sales by store type
Portfolio sales by store type Sales growth benefitting from enhanced portfolio quality Specialty store and mini majors Sep-18 Destination portfolio2 has significantly stronger growth Comparable MAT growth (%)1 Destination2 Current3 Jun-18 across a number of categories Apparel 1.0 0.5 (0.4) Apparel,
Slide 7: DFO Perth – $150m development completed
DFO Perth – $150m1 development completed WA’s first DFO Outlet Centre - opening weeks’ trading exceeding expectations Opened fully leased October 2018 113 retailers, with 100% open on day 1 350-seat dining precinct Reinforces Vicinity’s leadership in Outlet Centres Insert picture Strong performance
Slide 8: The Glen – Stage three of $430m major redevelopment opened
The Glen – Stage three of $430m1 major redevelopment opened Stage three opened October 2018 including UNIQLO and H&M Stage three opened fully leased October 2018 Includes UNIQLO, H&M, homewares, lifestyle and apparel Stage one (fresh food precinct) and stage two (casual dining precinct) trading stro
Slide 9: The evolution of Chadstone continues
The evolution of Chadstone continues - Australia’s leading retail, dining and leisure destination Introduction of Australia’s first full range Victoria’s Secret flagship, new casual dining options and hotel Victoria’s Secret and atrium dining Hotel $50m1 redevelopment $130m1 redevelopment Introducti
Slide 10: Leading approach to sustainable value creation
Leading approach to sustainable value creation Vicinity continues to be recognised globally for sustainability Launched stage 2 of solar investment program Total commitment to solar investment now $73m across 22 centres and will generate ~40% of these centres’ power needs Installed ~550kWh battery a
Slide 11: Key dates
Key dates Investor calendar Key dates 2018 Annual General Meeting 1 November 2018 Ex-distribution date for December 2018 distribution 28 December 2018 Record date for December 2018 distribution 31 December 2018 FY19 interim results 15 February 2019 December 2018 distribution payment 4 March 2019 Ex-
Slide 12: Contact details and disclaimer
Contact details and disclaimer For further information please contact: Penny Berger Troy Dahms Head of Investor Relations Senior Investor Relations Manager T +61 2 8229 7760 T +61 2 8229 7763 E penny.berger@vicinity.com.au E troy.dahms@vicinity.com.au Disclaimer This document is a presentation of ge