Stockland · ASX:SGP
Stockland — Q1 FY2019 Earnings Presentation
15 slides from Stockland's earnings presentation, Oct 24, 2018
Slide 1: 1Q19 Update
1Q19 Update Creating sustainable communities Stockland 1Q19 Update Wendouree, Vic
Slide 2: Agenda
Agenda Topic Page Creating sustainable communities 03 Communities 06 Commercial Property 09 Summary and outlook 13 Stockland 1Q19 Update 2
Slide 3: Creating sustainable communities: 1Q19 update
Creating sustainable communities 1Q19 update Group results remain on track in a variable trading environment Newport, Brisbane • Residential trading conditions are moderating, but we remain on track for over 6,000 settlements in FY19 • Improved retirement living development sales, with established s
Slide 4: Most sustainable real estate company in the world
Most sustainable real estate company in the world Creating shared value Best of the Best – 2018 Most Sustainable 2018 Global Sector Leader 10 Year Sustainability Award Real Estate Company Global Real Estate Sustainability NSW Office of Environment and Dow Jones Sustainability Index Benchmark Heritag
Slide 5: Sustainability leadership a key competitive advantage
Sustainability leadership a key competitive advantage It’s how we do business SHAPE THRIVING COMMUNITIES OPTIMISE AND INNOVATE ENRICH OUR VALUE CHAIN Residential Communities Satisfaction Energy intensity reductions since FY06 Supply Chain Resident satisfaction at 93%, above our target Retail 44% /
Slide 6: Communities
Communities Birtinya, Qld Stockland FY18 Results Presentation
Slide 7: Flight to affordable quality as market moderates
Flight to affordable quality as market moderates Residential Communities Well positioned in most resilient markets • On track for over 6,000 settlements in FY19, including around 400 Townhomes Highlands, Melbourne • Lower net deposits reflect moderating market in line with expectations, as lending c
Slide 8: Focus on resident satisfaction
Focus on resident satisfaction Retirement Living Change in quarterly net reservations over prior corresponding period 14.9% 16.3% • Higher net reservations for new projects reflect timing and quality of development completions • Net reservations for existing units in our established villages are con
Slide 9: Commercial Property
Commercial Property Stockland Shellharbour, NSW Stockland FY18 Results Presentation
Slide 10: Improving retail sales in challenging environment
Improving retail sales in challenging environment Retail Town Centres Comparable Total centres centres2 Retail Sales Sales by category to MAT growth MAT growth • Stronger retail sales reflect remixing and development activity 30 September1 • 4.3% growth in specialty sales to $9,313 per square metre
Slide 11: Optimising Returns
Optimising Returns Workplace and Logistics Logistics Logistics FY19 YTD FY18 • Market sentiment remains positive, with tenant demand greatest in Leases executed 101,700 sqm 324,400 sqm Sydney and Melbourne Leases under HOA1 243,300 sqm 64,300 sqm • High tenant retention reflected in strong leasing P
Slide 12: Enhancing portfolio and growing recurring earnings
Enhancing portfolio and growing recurring earnings Retail Town Centres and Logistics development Retail Town Centres Total Stabilised Completion Under construction IRR1 New Retail Town Centres delivering spend ($m) yield Date amenities within our communities to Birtinya, Qld ~87 5.5 - 6.5% 7 - 8% 2Q
Slide 13: Summary and outlook
Artist impression Summary and outlook Waterlea, Melbourne Stockland 1Q19 Update
Slide 14: FY19 outlook
FY19 outlook Portfolio remains well positioned for sustainable long term growth • Continuing to target FFO per security growth of 5 - 7% for FY19, assuming no material change in market conditions. Underpinned by: • Residential settlements over 6,000 lots, with mix and townhomes lifting revenue and a
Slide 15: Important Notice
Important Notice While every effort is made to provide accurate and complete information, Stockland 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 statements, in