PT Intiland Development Tbk · IDX:DILD
PT Intiland Development Tbk — Investor Presentation (November 2012)
40 slides from PT Intiland Development Tbk's investor presentation, Nov 6, 2012
Slide 1: PT Intiland Development Tbk Analyst Meeting 6 November 2012
PT Intiland Development Tbk Analyst Meeting 6 November 2012
Slide 2: Introduction
INTRODUCTION We are one of the most experienced premium developers in Indonesia with almost 40 years of heritage „ One of the first listed property developers in Indonesia (1990) Our Core Portfolios Townships & Mixed-Use & Estates High-Rise Hospitality Industrial Private & Confidential 2
Slide 3: 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 4: 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 5: Key Highlights
KEY HIGHLIGHTS
Slide 6: New Extensive Developments
NEW EXTENSIVE DEVELOPMENTS NEW DEVELOPMENTS NEW DEVELOPMENTS NEW DEVELOPMENTS NEW DEVELOPMENTS TOWNSHIPS & ESTATES MIXED-USE & HIGH-RISE HOSPITALITY INDUSTRIAL • Graha Natura 80 Ha • 1Park Avenue 2.4 Ha • Intiwhiz Hotel Chain • Ngoro Industrial Park 2 225 Ha • Serenia Hills 18 Ha • Aeropolis 14 Ha -
Slide 7: Performance Highlights
PERFORMANCE HIGHLIGHTS 1Park Avenue „Soft launched 2 apartment towers in September 2012 ‟ 80% sold (out of 176 units) „Starting selling price at IDR 20M/sqm. Aeropolis „Aeropolis Residence 1 (AR 1) - 1,194 apartment and retail units (sold out); plan to launch AR 2 in Nov 2012 „Aeropolis Commercial P
Slide 8: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 9: 3Q Financial Highlights
3Q 2 01 2 FINANCIAL HIGHLIGHTS „ Revenue : IDR 852.3B Revenue „ Top contributors: 1Park increased Residences (IDR 254B) 35% and Ngoro Industrial Park 2 (IDR 154B) Gearing was low „ Loan was used to fund at 27.3% new project initiatives debt-to- equity Continued Growth „ Asset : IDR 6,244.4B Asset an
Slide 10: 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 10
Slide 11: Current Project Highlights
CURRENT PROJECT HIGHLIGHTS
Slide 12: 1Park Avenue: High-Rise & Landed; 1Park Residences
1Park 1Park Avenue Avenue MIXED-USE & HIGH-RISE 1Park Avenue: High-Rise & Landed (South Jakarta) Build-up momentum of 1Park Residences. Finalized master plan, consist of condominium towers and landed residentials Consist of 4 apartment towers ‟ 3 towers for sale; 1 tower for service apartment To
Slide 13: South Quarter (TB Simatupang)
MIXED-USE & HIGH-RISE South Quarter (TB Simatupang) (South Jakarta) Our vision for this project is to develop a high quality “international grade A” office park with residential and retail facilities catered to MNCs Total of 7 Ha in Phase 1 (subdivided into 2) Phase 1A to consist of : 3 office
Slide 14: Aeropolis
Aeropolis Commercial Park MIXED-USE & HIGH-RISE Aeropolis (Tangerang) An integrated mixed-use development comprising facilities for residentials, offices, hotel, commercial and retails Phase 1 : 14 ha, comprising of : Aeropolis Residence Aeropolis Commercial Park (5.3 Ha) 42 units (1 tower) ‟ 10
Slide 15: Graha Festival
MIXED-USE & HIGH-RISE Graha Festival (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 govern
Slide 16: Spazio and National Hospital
MIXED-USE & HIGH-RISE Spazio (75% owned) (West Surabaya) Mixed-use development as a part of Graha Festival 86% sold. Construction 96% completed. Spazio Total area : 2 Ha Joint operation project Phase 1 (0.8 Ha) : - low-rise strata-title offices (14,822 sqm.) - low-rise leased offices (13,200 s
Slide 17: 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 B, C & D (land parcels only) - 70% sold (194 out of 281 units) Launching Block A housing Land development, infrastructure for 1st few blocks completed as well
Slide 18: ID Homes: Serenia Hills
TOWNSHIPS & ESTATES ID Homes: Serenia Hills (South Jakarta) New expanding homebuilder business unit : successful launch of 2nd project Mature location : faster execution and selling Phase 1 (9 Ha) : Regent Cluster (5 Ha) - 151 units, ASP : IDR 2.0 ‟ 2.5B per unit - More than 70% sold Signature
Slide 19: Ngoro Industrial Park
INDUSTRIAL ESTATES Ngoro Industrial Park Strong performance in 2012 – we are expediting NIP expansion and new site acquisition in East Java. Selling price has doubled since last year. Phase 1 Phase 2 NIP 1 (50% Owned) - Almost entirely sold out NIP 2 (100% Owned) Total of 225 Ha Expediting the a
Slide 20: 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 21: Project Highlights 2013
PROJECT HIGHLIGHTS 2013
Slide 22: Kebon Melati and Regatta
MIXED-USE & HIGH-RISE Kebon Melati (55%, Unnamed Project, Planned) (CBD Jakarta) Strategically located at the center of CBD Jakarta, this development targets middle upper segment Kebon Melati Phase 1 : 1.3 Ha and Phase 2: 1.9 Ha Finalizing master plan, phase 1 will likely consist of : Resident
Slide 23: Praxis and WestOne City
Praxis MIXED-USE & HIGH-RISE Praxis (Planned) (CBD Surabaya) A mixed-use development located in the center of Surabaya 1.1 Ha site adjacent to Intiland Tower Surabaya Total master plan of approximately 55,200 sqm. consists of: Apartment towers (21,200 sqm.) Office (17,300 sqm.) Retail and
Slide 24: Other Portfolios
OTHER PORTFOLIOS
Slide 25: Sumatra 36
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: 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” NEW Cluster Phase 1 : 40 Shophouses (96% sold), ASP : IDR 360M per unit 210 Kiosks (50% taken up), ASP : IDR 88M
Slide 27: Intiland Tower Jakarta and Surabaya
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 Avg. Rental Rate : IDR 130,000 per sqm. / mth Intiland Tower Surabaya (CBD Surabaya) Completed in 1997 Land Ar
Slide 28: Development Pipeline
DEVELOPMENT PIPELINE
Slide 29: Development Pipeline: Townships & Estates
DEVELOPMENT PIPELINE : TOWNSHIPS & ESTATES Private & Confidential 29
Slide 30: Development Pipeline: Mixed-Use & High-Rise
DEVELOPMENT PIPELINE : MIXED-USE & HIGH-RISE Private & Confidential 30
Slide 31: Development Pipeline: Industrial
DEVELOPMENT PIPELINE : INDUSTRIAL 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: 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 36: 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 37: 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 38: 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 39: 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 40: Contact Person
Contact Person: Pauline Changgara Capital & Investment Management PT Intiland Development Tbk Tel : +62 21 5701912 (ext. 1887) 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
PT Intiland Development — Investor Presentation (November 2012) on 6ix