PT Intiland Development Tbk · IDX:DILD
PT Intiland Development Tbk — FY2012 Earnings Presentation
42 slides from PT Intiland Development Tbk's earnings presentation, Apr 10, 2013
Slide 1: PT Intiland Development Tbk Corporate Presentation
PT Intiland Development Tbk Corporate Presentation
Slide 2: Table of Contents
TABLE OF CONTENTS Section ; Company Focus………………………………………………………………………………….…….4 Section 2 Project Highlights ‚Development Income‛………………………………………….6 Section 3 Project Highlights ‚Recurring Income‛…..………………………………………….;9 Section 4 Other Portfolios……..………………………………………………………………………………22 Section 5 F
Slide 3: Company Focus
COMPANY FOCUS
Slide 4: Main Focus: Mixed-Use & High-Rise Projects
MAIN FOCUS:MIXED–USE & HIGH–RISE PROJECTS South Quarter Aeropolis Kebon Melati [55%] 1Park Avenue Praxis (Phase 1) (Phase 1) (Phase 1) Gandaria, TB Simatupang, Tangerang CBD Jakarta CBD Surabaya Location South Jakarta South Jakarta Area 2.4 Ha 4.4 Ha 14 Ha 1.3 Ha 1.1 Ha 3 Condominium 1 Office tower
Slide 5: Project Highlights: Development Income
PROJECT HIGHLIGHTS ‚DEVELOPMENT INCOME‛
Slide 6: 1Park Avenue
MIXED-USE & HIGH-RISE 1Park Avenue (Gandaria, South Jakarta) PROJECT FACTS Land Area : 23,514 sqm Consists of : − 3 Condominium Towers (for sale) 314 units, SGA : 48,358 sqm − 1 Serviced Apartment Tower 104 units, SGA : 16,822 sqm − Landed Residentials 31 units (land size options : 200 or 240 sq
Slide 7: South Quarter
MIXED-USE & HIGH-RISE South Quarter (TB Simatupang, South Jakarta) PROJECT FACTS Phase 1 Land Area : 44,388 sqm Consists of : − 2 Office Towers (for lease) SGA : 78,563 sqm − 1 Office Tower (for sale) SGA : 39,281 sqm − Retail NLA : 10,897 sqm Operational : 1Q2015 Phase 2 Land Area : 27,371
Slide 8: Aeropolis
MIXED-USE & HIGH-RISE Aeropolis (Tangerang) PROJECT FACTS Phase 1 Aeropolis Residence 2 Land Area : 140,000 sqm Consists of : 1. Aeropolis Residence (5.1 Ha) 2. Aeropolis Commercial Park (5.3 Ha) − Aeropolis Residence 1 (AR1) − Tower A1 & A2 SGA : 16,681 sqm SGA : 6,610 sqm 1,194 units A1 (53 un
Slide 9: Kebon Melati (55% owned)
MIXED-USE & HIGH-RISE Kebon Melati (55% owned) (CBD Jakarta) PROJECT FACTS PROJECT FACTS Phase 2 Phase 1 Phase 1: Phase 2: Land Area : 13,222 sqm Land Area : 19,155 sqm Consists of : Consists of : − 2 Condominium towers − Office SGA : 44,000 sqm SGA : 40,500 sqm 500 units − Boutique Office −
Slide 10: Praxis
Praxis MIXED-USE & HIGH-RISE Praxis (CBD Surabaya) PROJECT FACTS Land Area : 10,704 sqm Consists of : − 1 Condominium tower − Office (for lease) SGA : 21,774 sqm SGA : 8,643 sqm 252 units − Hotel − Condotel Rooms : 210 SGA : 2,717 sqm − Retail 94 units NLA : 9,820 sqm − Office (for sale) SGA : 8
Slide 11: Graha Festival
MIXED-USE & HIGH-RISE Graha Festival Spazio (Graha Famili, West Surabaya) Spanning along 2km boulevard, Graha Festival will be the longest commercial belt in West Surabaya Located right in the center of the inner ring road of West Surabaya, Graha Festival has a very strategic location. With the city
Slide 12: WestOne City (40% owned, Planned)
MIXED-USE & HIGH-RISE WestOne City (40% owned, Planned) (West Jakarta) 21 Ha site area, 16 Ha saleable Front entrance, roads, infrastructure, landscape & marketing office completed Phase 1 consists of apartment towers Target to launch in 2014 after the completion of JORR Toll Road Private &
Slide 13: Regatta, Phase 2 (50% owned)
MIXED-USE & HIGH-RISE Regatta, Phase 2 (50% owned) (Pantai Mutiara, North Jakarta) PROJECT FACTS Land Area : 16,921 sqm Consists of : − 3 Condominium towers SGA : 78,675 sqm 570 units Operational : 2Q2016 PROJECT SALES UPDATE Marketing schedule : 4Q2013 PROJECT CONSTRUCTION UPDATE Construc
Slide 14: Future Mixed-Use & High-Rise Projects: Beach Terrace
FUTURE MIXED–USE & HIGH–RISE PROJECTS Beach Terrace Apartment (Pantai Mutiara, North Jakarta) PROJECT FACTS Land Area : 40,820 sqm − Existing land : 23,820 sqm PROJECT SALES UPDATE − Reclaimed land : 17,000 sqm Marketing schedule : 2014 Consists of : − 2 Condominium towers PROJECT CONSTRUCTION
Slide 15: Pantai Mutiara (Extension)
FUTURE MIXED–USE & HIGH–RISE PROJECTS Pantai Mutiara (Extension) (North Jakarta) Land Area : 63 Ha Consists of : − Low-Rise − Semi High-Rise − High-Rise − Commercial Obtained principle permit to reclaim the land Part of the ‘Giant Sea Wall’ plan Private & Confidential 15
Slide 16: Ngoro Industrial Park
INDUSTRIAL ESTATES Ngoro Industrial Park Expediting NIP expansion and new site acquisition in East Java. NIP 1 (50% Owned) - Almost entirely sold out Phase 1 Phase 2 NIP 2 (100% Owned) Total of 225 Ha Expediting the acquisition process of another 100 Ha Strong enquiries since 2010 from MNCs &
Slide 17: Project Highlights: Recurring Income
PROJECT HIGHLIGHTS ‚RECURRING INCOME‛
Slide 18: Intiland Tower Jakarta and Surabaya
Intiland Tower Jakarta MIXED-USE & HIGH-RISE : OFFICE BUILDINGS Intiland Tower Jakarta (Jl. Jend Sudirman, CBD Jakarta) Completed in 1986 Land Area : 0.8 Ha Lettable area : 31,000 sqm 98% Occupancy Average Gross Rate : IDR 190,000 per sqm / mth Intiland Tower Surabaya Intiland Tower Suraba
Slide 19: Intiwhiz Hotel Chain
HOSPITALITY Intiwhiz Hotel Chain Our own branding, limited service hotel chain is ramping up rapidly. Whiz Hotel Yogyakarta Affordable, Practical and Stylish Hotel for the Smart Traveler Providing Easy Access, Good Sleep, Good Shower, Info-Connectivity, Modern Style, and Friendly Staff Total 2
Slide 20: Future Recurring Income
FUTURE RECURRING INCOME Private & Confidential 20
Slide 21: Other Portfolios
OTHER PORTFOLIOS
Slide 22: Serenia Hills
TOWNSHIPS & ESTATES Serenia Hills (South Jakarta) Phase 1 (9 Ha) : Regent Cluster (5 Ha) - 151 units, ASP : IDR 2.0 ” 3.0B per unit - 90% sold Signature Cluster (4 Ha) - 74 units, ASP : IDR 3.5 ” 4.5B per unit - Opened 2 blocks (43 units), 65% sold Handover started in December 2012 Phase 2
Slide 23: Talaga Bestari
TOWNSHIPS & ESTATES Talaga Bestari (Balaraja, Tangerang) Educational township. Shift from low to middle market segment Total planned area : 265 Ha Commercial Cluster : “Jungle Walk” Cluster Phase 1 : 40 Shophouses (96% sold), ASP : IDR 360M per unit 210 Kiosks (50% taken up), ASP : IDR 88M per
Slide 24: Graha Natura and Graha Famili
TOWNSHIPS & ESTATES Graha Natura (West Surabaya) Middle-up segment Capitalizing the success of Graha-Famili Total area : 80 Ha Block A, B, C & D - 70% sold (222 out of 316 units) Launch the new cluster ‚Morning GIory‛ in December 2012 Infrastructure work has reached 61%, currently focusing i
Slide 25: Sumatra 36
MIXED-USE & HIGH-RISE Sumatra 36 (Central Surabaya) High-end apartment tower in the city center Total area : 0.2 Ha 63 luxury downtown apartment units Current ASP : IDR 21M per sqm Approx. 8,000 sqm in 2 to 4 bedroom configurations & penthouses Private & Confidential 25
Slide 26: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 27: FY 2012 Financial Highlights
FY 2012 FINANCIAL HIGHLIGHTS Private & Confidential 27
Slide 28: Financial Performance Summary
FINANCIAL PERFORMANCE SUMMARY * Fully diluted EPS is based on a total of 10.3 billion outstanding shares post-rights, and 2.1 billion outstanding warrants (post rights issue and post stock split) Private & Confidential 28
Slide 29: Development Pipeline
DEVELOPMENT PIPELINE
Slide 30: Development Pipeline: Townships & Estates; Industrial
DEVELOPMENT PIPELINE : TOWNSHIPS & ESTATES DEVELOPMENT PIPELINE : INDUSTRIAL Private & Confidential 30
Slide 31: Development Pipeline: Mixed-Use & High-Rise
DEVELOPMENT PIPELINE : MIXED-USE & HIGH-RISE Private & Confidential 31
Slide 32: Development Pipeline: Intiwhiz Hotel Chain
DEVELOPMENT PIPELINE : INTIWHIZ HOTEL CHAIN Private & Confidential 32
Slide 33: Appendices
APPENDICES
Slide 34: Our Iconic, Trend-Setting Products
OUR ICONIC, TREND–SETTING PRODUCTS TOWNSHIP & ESTATE O F F I C E A luxury house B in Graha Famili U I L Intiland Tower Jakarta D (1986), one of the first Graha Famili (Since 1992) first golf-themed I green buildings in luxury township in Surabaya N Jakarta, designed by G the late Paul Rudolf CONDOMI
Slide 35: Location Map Jakarta
LOCATION MAP JAKARTA Our projects in Jakarta are located strategically along major transportation infrastructure, and proposed future developments Paku Haji Proposed new seaport (Figures shown are estimated masterplan areas. Marked areas are not to scale) Tanjong Priok Regatta, 11Ha (Port) Soekarno
Slide 36: Location Map Surabaya
LOCATION MAP SURABAYA In Surabaya, our projects are centered around the West Surabaya area favored by wealthier buyers, and in the city centre (Figures shown are estimated masterplan areas. Marked areas are not to scale) Sumatra 36 0.2Ha Graha Natura Praxis 80Ha Bukit 1.1Ha Darmo Citraland Pakuwon G
Slide 37: Key Corporate Milestones
KEY CORPORATE MILESTONES Founding “Good Old Days” of Rapid Growth Restructuring Years Rejuvenation, New Direction 1997-2007 continued Jun 2007 Debt-Equity Swap 1997-98 Asian Financial Crisis 1970s Founder 1983 Group was 1990 One of the converting Rp 1.1 Trillion ops as going concern Hendro officiall
Slide 38: Board of Commissioners
BOARD OF COMMISSIONERS Cosmas Batubara Dr. Cosmas graduated from the University of Indonesia in 1974 and obtained his PhD from the Faculty of Social and Political Sciences, University of Indonesia in 2002. He served previously as a Member of the Indonesian Parliament from 1967 to 1978. In 1978, he w
Slide 39: Board of Directors
BOARD OF DIRECTORS Hendro S. Hendro is the founder of Intiland Development. He brings with him more than 37 years of invaluable experience in the property Gondokusumo development business. He was Vice President Commissioner of the Company from 2007 to 2011. Prior to that he was President Director of
Slide 40: Board of Directors (Cont'd)
B O A R D O F D I R E C T O R S ( C o n t ‘ d) Utama Gondokusumo Utama graduated from Purdue University Indiana, USA, majoring in civil engineering. His experiences in the property business began when he joined McCarthy Construction and CCS Planning & Engineering in San Francisco as its engineer. He
Slide 41: Disclaimer and Confidentiality
DISCLAIMER AND CONFIDENTIALITY We caution readers that all statements other than statements of historical fact included in this document, including without limitation, those regarding our financial position, business strategy, plans and objectives of management for future operations (including devel
Slide 42: Contact Person
Contact Person: Pauline Changgara Capital & Investment Management PT Intiland Development Tbk Tel : +62 21 5701912 (ext. 1899) Fax: +62 21 5700015 pauline.changgara@intiland.com Theresia Rustandi Corporate Secretary PT Intiland Development Tbk Tel : +62 21 5701912 (ext. 1846) Fax: +62 21 5700015 the
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