Glenveagh Properties Plc · EURONEXT:GVR
Glenveagh Properties — Shareholder Meeting (June 2018)
17 slides from Glenveagh Properties's shareholder meeting presentation, Jun 29, 2018
Slide 1: AGM Presentation
AGM Presentation 29 June 2018 Glenveagh Marina Village, Greystones, Co. Wicklow 1
Slide 2: 1. Introduction
1. Introduction Justin Bickle Co-Founder & CEO 2
Slide 3: Building a sustainable business across the cycle
Introduction Building a sustainable business across the cycle Building People Land Capital Operations Two complementary business units – Homes and Living • Homes develops and builds starter, mid-size, high-end • Designing, developing and delivering residential and executive houses and apartments sol
Slide 4: Strong achievements and progress since IPO
Introduction Strong achievements and progress since IPO • Land Acquisitions €404 million • €404 million of capital has now been deployed1 Deployed since IPO • Four further substantial land acquisitions for Homes and Living announced today 10,120 Units • The Group’s landbank is now 10,120 units, 31%
Slide 5: Very favourable market conditions for Glenveagh
Introduction Very favourable market conditions for Glenveagh Strong macro conditions mean significant demand ... yet new builds remain under-supplied for new housing GDP growth Robust GDP growth in Ireland 5.6% forecast (2018) Current estimated demand – Ireland (2) Average annual Ireland completions
Slide 6: 2. Progress On Our Sites
2. Progress On Our Sites Stephen Garvey Co-Founder & COO 6
Slide 7: Significant construction ramp-up on our sites
Progress on our sites Significant construction ramp-up Construction Signed / Construction Signed / Ongoing Reserved Ongoing Reserved 12 Number of active construction sites ✓ 65 ✓ 92 6 / 234 Active selling sites / units signed or reserved ✓ 34 ✓ 14 800 ✓ Launch Q3’18 ✓ Launch Q3 ‘18 Homes under const
Slide 8: Taylor Hill, Balbriggan, Co. Dublin
Progress On Our Sites Taylor Hill, Balbriggan, Co. Dublin • Location: Greater Dublin Area Location and • Transport: Bus DARTand / train Rail and bus Transport • c.15 Commute minutes time from c. 35 themins airport • 600+ unit potential; 135 housing Presentation Title Unit Type and • 148 unitsunits i
Slide 9: Marina Village, Greystones, Co. Wicklow
Progress On Our Sites Marina Village, Greystones, Co. Wicklow • Location: Greater Dublin Area Location and • Transport: DART Bus and / train Rail and bus Transport • Commute time c.50 c. 35mins mins • 276 units: 59 Houses / 217 Presentation Title Unit Type and • 148 Apartments units in the developme
Slide 10: Cois Glaisin, Johnstown, Navan, Co. Meath
Progress On Our Sites Cois Glaisin, Johnstown, Navan, Co. Meath • Location: Greater Dublin Area Location and • Transport: Bus and motorway Rail Transport • c. Commute 35 minutes timefrom c. 35the mins airport • 274 housing units - 2, 3 & 4 bed Presentation Title Unit Type and • 148 units in the deve
Slide 11: Herbert Hill, Dundrum, Co. Dublin
Progress On Our Sites Herbert Hill, Dundrum, Co. Dublin • Location: Dundrum, Greater Dublin Dublin Area Location and • Transport: Luas Bus and andRail bus Transport • Commute time c.15 c. 35mins mins • 90 units comprising 1, 2 and 3 bed Presentation Title Unit Type and • homes 148 units in the devel
Slide 12: Proby Place, Blackrock, Co. Dublin
Progress On Our Sites Proby Place, Blackrock, Co. Dublin • Location: Greater Dublin Area Location and • Transport: DART Bus and and Rail bus Transport • Commute time c.20 c. 35mins mins • 23 units in the development; 4 & 5 Presentation Title Unit Type and • 148 bedunits in the Homes Executive develo
Slide 13: Holsteiner Park, Clonee, Co. Meath
Progress On Our Sites Holsteiner Park, Clonee, Co. Meath • Location: Greater Dublin Area Location and • Transport: Bus, Bus and trainRail and motorway Transport • Commute time c. 35 mins • 16 units: 4 & 5 bed detached Unit Type and • 148 units inHomes Executive the development Target Market •• Targe
Slide 14: Cluain Adain, Clonmagadden, Navan, Co. Meath
Progress On Our Sites Cluain Adain, Clonmagadden, Navan, Co. Meath • Location: Greater Dublin Area Location and • Transport: Bus and motorway Rail Transport • Commute time c. 50 35 mins • 106 housing units in the current Presentation Title Unit Type and • 148 units phase - 2,in3the & 4development be
Slide 15: 3. Conclusion and Outlook
3. Conclusion and Outlook Justin Bickle Co-Founder & CEO 15
Slide 16: Conclusion and Outlook
Conclusion and Outlook • The Group’s market backdrop remains very favourable • significant demand for housing, particularly starter homes, clearly evident across the Group’s selling sites • supply side remains fragmented and sub-scale, with limited access to equity or appropriately priced debt • Hom
Slide 17: Disclaimer
Disclaimer This presentation has been prepared by Glenveagh Properties PLC (the “Company” or “Glenveagh”) for information purposes only. This presentation has been prepared in good faith but the information contained in it has not been subject to a verification exercise and does not purport to be co
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