Peet Limited · ASX:PPC
Peet — Euroz Hartleys Rottnest Institutional Conference 2024
19 slides from Peet's conference presentation, Mar 12, 2024
Slide 1: Euroz Hartleys Rottnest Institutional Conference 2024
EUROZ HARTLEYS ROTTNEST INSTITUTIONAL For personal use only CONFERENCE 2024
Slide 2: Strong Platform for Growth
Strong Platform for Growth GEOGRAPHICALLY DIVERSE $13.3bn For personal use only • Benefit from various growth corridors – positioned for future Australian population growth • Allows Peet to leverage state-based fluctuations END VALUE1 PIPELINE • Ability to manage land bank and capital through 35,186
Slide 3: Enquiry Levels Continue to Improve
Enquiry Levels Continue to Improve For personal use only 11,716 11,954 Enquiry levels during 1H24 were generally in line with 2H23 and materially higher than in 1H23: 8,896 2Q24 enquires increased by more than 7,838 10% compared to 1Q24 7,472 7,679 6,986 6,579 6,956 6,327 6,812 First home buyer acti
Slide 4: Delivering against our Strategy
Delivering against our Strategy SIGNIFICANT VALUE TO BE UNLOCKED INVEST in high quality land EXPAND product offering MAINTAIN strong capital VALUE CREATION For personal use only in strategic locations across and geographic presence to appeal management • Good visibility of future country to wider va
Slide 5: Key Project Overview
For personal use only KEY PROJECT Overview
Slide 6: Greater Flagstone Priority Development Area (PDA)
Greater Flagstone Priority Development Area (PDA) Large-scale, low-cost project in key SEQ growth corridor with For personal use only more than 10,500 lots1 remaining with a GDV2 of c.$4.bn Located 38km south-west of Brisbane’s CBD in one of the fastest growing corridors in SEQ Significant embedded
Slide 7: Flagstone
For personal use only Flagstone Page 7 | Euroz Hartleys Rottnest Institutional Conference 2024 | March 2024 Artist’s impression
Slide 8: Peet Flagstone City Project Snapshot
Peet Flagstone City Project Snapshot A 20 YEAR VISION For personal use only c.12,000 30,000+ c.1,500 c.10,5001 new homes population residential residential settlements lots to date at 8.7% pa remaining to compound price develop growth Notes: 1 Includes equivalent lots Page 8 | Euroz Hartleys Rottnes
Slide 9: Peet Flagstone City Project Snapshot
Peet Flagstone City Project Snapshot A 20 YEAR VISION For personal use only Highest lot sale Gross 100ha of Anchored by future $395,000, Development commercial town Health Precinct and highest house Value1 $4.2bn centre land plus passenger railway re-sale $882,000 30ha of school station sites Notes:
Slide 10: Flagstone
Artist’s impression Flagstone For personal use only Page 10 | Euroz Hartleys Rottnest Institutional Conference 2024 | March 2024
Slide 11: University of Canberra
University of Canberra Significant urban infill project comprising c.2,700 lots1,2 with a GDV3 For personal use only of c.$2.4bn comprising a diverse mix of architecturally designed terraces, townhouses and apartments OWNED 19,887 lots1 $8.6bn GDV2 Located c.6km from Canberra City and providing sign
Slide 12: University of Canberra
University of Canberra Low-cost base with strong embedded margins For personal use only First sales expected 2H251 Substantial amenity within close proximity University Hospital Australian Institute of Sport 22ha of adjoining open space and Lake Ginninderra Significant sustainability initiatives com
Slide 13: University of Canberra
Artist’s impression University of Canberra For personal use only Artist’s impression Artist’s impression Page 13 | Euroz Hartleys Rottnest Institutional Conference 2024 | March 2024
Slide 14: Googong
Googong Notes: 1 Includes equivalent lots 2 100% of project; Peet’s share is 50% 3 Gross Development Value, which is the forecast future sales price of the remaining equivalent lots as at 31 December 2023, subject to market conditions JV master planned community with over 2,200 lots1,2 remaining wit
Slide 15: Newhaven
Newhaven FM master planned community situated 26km from Melbourne For personal use only CBD WHOLESALE/ INSTITUTIONAL 9,089 lots1 $2.6bn GDV2 Remaining yield of c.1,600 lots1 with a GDV2 of c.$400m RETAIL OWNED Tarneit West train station within 19,887 lots1 $8.6bn GDV2 4,214 lots1 $1.1bn GDV2 the est
Slide 16: Craigieburn West
Craigieburn West Master planned community located 30km north of the For personal use only Melbourne CBD, in the northern growth corridor Approximate yield of over 800 lots1 with a GDV2 of c.$360m Will leverage Peet’s adjoining Aston community, with strong embedded operating margins First sales expec
Slide 17: Brabham
Brabham FM master planned community with over 2,500 lots1 remaining For personal use only with a GDV2 of more than $625m – 20km from the Perth CBD Adjacent to the METRONET Whiteman Park Rail Station (completion expected late 2024) with opportunity for increased density Significant existing surroundi
Slide 18: Yanchep
Yanchep Syndicated master planned community with over 1,400 lots1 remaining with a For personal use only GDV2 of c.$370m Project surrounds Sun City Country Club golf course and is located c.3.5km from the Indian Ocean Adjacent to the METRONET Yanchep Rail Station, which is expected to be completed i
Slide 19: Disclaimer
Disclaimer For personal use only While every effort is made to provide accurate and complete information, Peet does not warrant or represent that the information in this presentation is free from errors or omissions or is suitable for your intended use. This presentation contains forward-looking sta
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