Desane Group Holdings Ltd · ASX:DGH
Desane — Shareholder Meeting (November 2010)
31 slides from Desane's shareholder meeting presentation, Nov 3, 2010
Slide 1: Shareholders Presentation at 2010 AGM
GROUP HOLDINGS LIMITED A.B.N. 61 003 184 932 3 November 2010 For personal use only The Manager Companies Australian Stock Exchange (Sydney) Limited 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam Shareholders Presentation at 2010 AGM Please find attached a copy of the Desane Group Holdings Limited s
Slide 2: Annual General Meeting 3 November 2010
For personal use only ANNUAL GENERAL MEETING WEDNESDAY 3rd NOVEMBER 2010 1
Slide 3: 2010 Chairman's Highlights
2010 CHAIRMAN’S HIGHLIGHTS For personal use only • Notwithstanding the continuing albeit muted impact of the global financial crisis (GFC) on Australia’s economic outlook, investment in property in certain sectors has clearly strengthened over the past 12 months. • The Group’s asset value has remain
Slide 4: Shareholder Resolutions
SHAREHOLDER RESOLUTIONS For personal use only TO LAY BEFORE THE 2010 ANNUAL GENERAL MEETING: 1. To adopt the financial and other reports 2. To declare a final dividend of 2 cents per share (unfranked) 3. To re-elect John Bartholomew as a Director 4. To approve directors’ remuneration (non-binding re
Slide 5: Presentation & Company Highlights
ANNUAL GENERAL MEETING For personal use only Presentation & Company Highlights 3rd November 2010 Mr. Phil Montrone Managing Director & CEO 4
Slide 6: Highlights for the Year Ended 30th June 2010
HIGHLIGHTS FOR THE YEAR For personal use only ENDED 30TH JUNE 2010 • All properties owned and managed by the • Acquired, upgraded and leased a 2,800m2 Group are 100% leased industrial property in Lane Cove West • Rental revenue has been maintained • Completed the sale of the Lidcombe J.G. Evans Busi
Slide 7: 2010 Net Asset Summary
2010 NET ASSET SUMMARY For personal use only PROPERTY FY10 ACTUAL FY09 ACTUAL 13 Sirius Rd $ 4.4 M 4.2 M 7-9 Orion Rd $ 8.8 M 9.5 M 68-72 Lilyfield Rd Multimedia Centre $ 10.2 M 10.1 M 1-3 Nicholas St $ - 1.7 M 318-332 Burns Bay Rd $ 10.1 M 8.2 M 47-51 Lilyfield Rd Commercial Centre $ 5.3 M 5.0 M 7
Slide 8: Years' Rental Income
5 YEARS’ RENTAL INCOME For personal use only $2,500,000 $2,000,000 $1,500,000 GROUP RENTAL INCOME $1,000,000 $500,000 2010 $0 2009 2008 2007 2006 7
Slide 9: Years' Net Asset Value
5 YEARS’ NET ASSET VALUE For personal use only $25,000,000 $23,500,000 GROUP NET ASSET VALUE $22,000,000 $20,500,000 2006 2007 $19,000,000 2008 2009 2010 8
Slide 10: Years' NTA
5 YEARS’ NTA For personal use only $0.90 $0.88 $0.86 $0.83 GROUP NTA $0.81 PER SHARE $0.79 $0.77 $0.75 $0.72 $0.70 2010 $0.68 2009 2008 2007 2006 9
Slide 11: Years' Dividends
5 YEARS’ DIVIDENDS For personal use only $900,000 $800,000 $700,000 DIVIDENDS PAID TO $600,000 SHAREHOLDERS $500,000 $400,000 $300,000 $200,000 $100,000 2006 2007 2008 $0 2009 2010 10
Slide 12: Sydney Property Portfolio
SYDNEY PROPERTY PORTFOLIO For personal use only Desane’s Rozelle Bay Precinct Multimedia & Commercial Centres 11
Slide 13: 47-51 Lilyfield Rd, Rozelle
For personal use only 47-51 LILYFIELD RD, ROZELLE Major Tenants: 12
Slide 14: 47-51 Lilyfield Rd, Rozelle
47-51 LILYFIELD RD, ROZELLE For personal use only • Desane has planning approval from the relevant local government authority to construct a four storey 3,000m2 mixed commercial/executive residential building, with 56 basement security car parking spaces • Desane is seeking approval for an additiona
Slide 15: 68-72 Lilyfield Rd, Rozelle
For personal use only 68-72 LILYFIELD RD, ROZELLE Major Tenants: 14
Slide 16: 68-72 Lilyfield Rd, Rozelle
68-72 LILYFIELD RD, ROZELLE For personal use only • The 8,000m2 Multimedia Industrial Park, located 3 kilometres from the Sydney CBD, in the suburb of Rozelle, is fully leased to blue chip national tenants • This property is performing well, being in a prime Sydney location • The major tenant has ex
Slide 17: Desane's Lane Cove West Properties
For personal use only 7 Sirius Rd 7-9 Orion Rd 13 Sirius Rd DESANE’S LANE COVE WEST PROPERTIES 16
Slide 18: Sirius Rd, Lane Cove West
For personal use only 13 SIRIUS RD, LANE COVE WEST Major Tenants: 17
Slide 19: Sirius Rd, Lane Cove West
13 SIRIUS RD, LANE COVE WEST For personal use only • This 2,400m2 high-tech property is leased to two major Australian corporations on a long term basis • The building is a two-level commercial property with 50 basement security parking spaces • This property will continue to show significant rental
Slide 20: 7-9 Orion Rd, Lane Cove West
For personal use only 7-9 ORION RD, LANE COVE WEST Major Tenants: 19
Slide 21: 7-9 Orion Rd, Lane Cove West
7-9 ORION RD, LANE COVE WEST For personal use only • This 8,000m2 five unit industrial complex is occupied by six large Australian and international corporations, all with medium to long term leases • This property is performing well and will continue to show significant rental increases and profit
Slide 22: Sirius Rd, Lane Cove West
For personal use only 7 SIRIUS RD, LANE COVE WEST Major Tenants: 21
Slide 23: Sirius Rd, Lane Cove West
7 SIRIUS RD, LANE COVE WEST For personal use only • This commercial/industrial property comprises 2,800m2 of office and high clearance warehouse, with 38 on-site parking spaces. • This property is occupied by a large quality tenant, on a long term lease • Desane expects capital growth for this prope
Slide 24: 318-322 Burns Bay Rd, Lane Cove West
For personal use only 318-322 BURNS BAY RD, LANE COVE WEST Major Tenants: 23
Slide 25: 318-322 Burns Bay Rd, Lane Cove
318-322 BURNS BAY RD, LANE COVE For personal use only • Rezoning approval has been obtained from the NSW Department of Planning • The property has been approved for rezoning to High Density Residential R4 with a proposed floor space ratio of 2:1 • The rezoning allows for 250 to 300 apartments to be
Slide 26: Proposed Residential Block Plan
318-322 BURNS BAY RD, LANE COVE PROPOSED RESIDENTIAL For personal use only BLOCK PLAN Approved Residential R4 Rezoning 25m high 8 storey buildings permissible 25
Slide 27: 1-3 Nicholas St, Lidcombe
For personal use only 1-3 NICHOLAS ST, LIDCOMBE 26
Slide 28: 1-3 Nicholas St, Lidcombe
1-3 NICHOLAS ST, LIDCOMBE For personal use only • All seven industrial units have been sold, with one unit remaining to be settled by January 2011 • The 4,000m2 JG Evans Business Centre in the Sydney suburb of Lidcombe is in close proximity of the Olympic precinct 27
Slide 29: Top Tenants by NLA
TOP 10 TENANTS BY NLA For personal use only 0 1,020 2,040 3,060 4,080 5,100 Chamberlain Australia Prime BioSeperations Talman JAV IT Group Eupharma Sagem Australasia Pentel Australia Phebra Technique Media Staging Connections TOP 10 TENANTS BY NLA 28
Slide 30: Contribution of Net Rental Income by Property (%)
CONTRIBUTION OF NET RENTAL INCOME BY PROPERTY (%) For personal use only 16% NET INCOME 10% CONTRIBUTION BY PROPERTY 17% J.G. Evans Business Centre, Lidcombe 30% Sirius Rd, Lane Cove West Burns Bay Rd, Lane Cove 27% Orion Rd, Lane Cove West Rozelle Multimedia Centre 29
Slide 31: Annual General Meeting General Discussion
For personal use only “Desane will continue to operate as premium commercial and industrial property managers, creating consistent levels of earnings, asset growth and wealth for its shareholders” ANNUAL GENERAL MEETING GENERAL DISCUSSION WEDNESDAY 3rd NOVEMBER 2010 30
Desane Group Holdings — Shareholder Meeting (November 2010) on 6ix