Ingenia Communities Group · ASX:INA
Ingenia Communities — MST Financial Seniors Living Forum (October 2021)
25 slides from Ingenia Communities's conference presentation, Oct 6, 2021
Slide 1: MST Financial Presentation (ASX media release)
ASX / MEDIA RELEASE 6 Octocer 2021 For personal use only MST FINANCIAL PRESENTATION Ingenia Communities Group (ASX:INA) provides the Group’s presentation to the MST Financial Seniors Living Forum. Authorised for lodgement by the Chairman. ENDS For further information please contact: Donna Byrne Gene
Slide 2: MST Financial Seniors Living Forum
Presented by Simon Owen 6 October 2021 For personal use only MST FINANCIAL ARTIST IMPRESSION CLUBHOUSE AT INGENIA LIFESTYLE PARKSIDE, VIC SENIORS LIVING FORUM 250 HOMES – FIRST SETTLEMENTS SCHEDULED DEC 21
Slide 3: Business overview
Business overview Leading owner, operator and developer of lifestyle, rental and holiday communities Book Value For personal use only (by Portfolio at 30 June) $1.2b Portfolio EBIT (at 30 June) Ingenia Gardens Lifestyle Rental Lifestyle Development Lifestyle Rental Holidays & Mixed Use Lifestyle Dev
Slide 4: Business overview
Business overview For personal use only 90 communities (19 added past 13 months) >950 employees (75% based in regional locations) 8,800 residents calling Ingenia home >500,000 guests staying at an $1.5 billion Ingenia Holiday Park assets owned/managed 4,220 home sites owned or optioned >13,000 for f
Slide 5: FY21 results highlights
FY21 results highlights For personal use only • Revenue of $295.6 million – up 21% on FY20 FINANCIALS • EBIT of $94.4 million – up 31% on FY20 • Underlying EPS of 23.6 cents – up 7% on FY20 • Operating cash flow of $137.6 million – up 105% on FY20 • Growing portfolio – $215 million acquisitions sett
Slide 6: Recent Acquisitions
For personal use only RECENT ACQUISITIONS
Slide 7: Over $215 million in acquisitions in FY21
Over $215 million in acquisitions in FY21 Further acquisitions FY22, diversifying cash flows and market exposure 1 Sunnylake Shores, NSW Lifestyle community with expansion For personal use only • Dedicated focus on acquisitions has driven significant growth in Lake Sherrin (Redlands), portfolio scal
Slide 8: Recent acquisitions
Recent acquisitions Joint Venture land acquisition (QLD) Protea Village, Carrum Downs (Vic) For personal use only • 13.5 hectare land parcel located approximately 110 kilometres from the • Expands Ingenia Gardens business and presence in the Victorian market Brisbane CBD within the Nambour gateway t
Slide 9: Recent acquisitions
Recent acquisitions For personal use only Kings Point Retreat, Mixed Use Community (NSW) Portfolio of five coastal holidays (NSW, Vic and QLD) • Further expands the Group’s lifestyle and holidays business on the NSW • Acquisition of five long-term leasehold holiday and mixed use parks across key Sou
Slide 10: Residential Communities
RESIDENTIAL For personal use only COMMUNITIES
Slide 11: Ingenia Lifestyle Overview
Ingenia Lifestyle Overview For personal use only Communities providing both affordable and premium living Portfolio Overview 1 Permanent sites 3,681 • Focus on expansion – acquisition and development (including greenfield communities) Average weekly rent2 $189 • Rental cash flows uninterrupted, desp
Slide 12: Ingenia Lifestyle Development
Ingenia Lifestyle Development The development of modern, sustainable communities expands the rental base Record home settlements FY21 (350 homes settled at Ingenia’s For personal use only communities) • Second half settlements grew strongly as sales accelerated, supported by buoyant residential mark
Slide 13: Active projects in QLD, NSW and Victoria
Active projects in QLD, NSW and Victoria Leveraged to sea change / outer metro markets Current projects in market Suburb For personal use only Median House Price growth1 Community Name Suburb LGA Price June 21 (past 12 months) Hervey Bay Urangan Fraser Coast Regional $453,000 25% Nature’s Edge Buder
Slide 14: Ingenia Gardens (seniors rental)
Ingenia Gardens (seniors rental) Strong, stable, government supported rent For personal use only Portfolio Overview 30 Jun 21 Total units 1,377 Av. weekly rent $343 Occupancy 95.8% Ongoing high occupancy supporting stable cash flows • Portfolio comprises units/villas across NSW, QLD, VIC and WA • Si
Slide 15: Tourism Holidays and Mixed Use
TOURISM HOLIDAYS and For personal use only MIXED USE
Slide 16: Holidays business capitalising on unique opportunity for domestic travel
Holidays business capitalising on unique opportunity for domestic travel Recent acquisitions expand reach and leverage operational expertise • Holiday parks have experienced strong demand as international • Long-term fundamentals support continued demand for caravan and camping For personal use only
Slide 17: Ingenia Holidays and Mixed Use
Ingenia Holidays and Mixed Use Ingenia’s Holiday’s and mixed use portfolio provides diverse For personal use only holiday experiences, with 35 parks dotted along the east coast of Australia, from Cairns in tropical Far North QLD to the seaside town of Torquay in VIC • A range of accommodation, from
Slide 18: Ingenia Holidays and Mixed Use
Ingenia Holidays and Mixed Use Underlying demand for domestic travel remains strong For personal use only Increasing demand for domestic travel (intra and interstate) supported strong performance in FY21, following easing of COVID-19 restrictions • Result benefitted from acquisitions (over 1,300 add
Slide 19: Capital Partnerships
For personal use only PARTNERSHIPS CAPITAL
Slide 20: Capital partnerships
Capital partnerships Ingenia’s capital partnerships provide the Group with exposure to a broader range of investments, with access to property ret urns and For personal use only ability to leverage the Group’s established platform • Development Joint Venture with US group, Sun Communities, establish
Slide 21: Sustainability
Sustainability ESG initiatives and reporting are a key focus Creating a positive impact Improving the sustainability of our communities For personal use only • Focus on resident and guest health and well-being at forefront of COVID-19 • CEFC facility established February 2021 response • Targeting ca
Slide 22: Questions
QUESTIONS For personal use only FRESHWATER BY INGENIA LIFESTYLE, QLD
Slide 23: Contact Us
For personal use only Contact Us Simon Owen Donna Byrne Ingenia Communities Group Chief Executive Officer & Managing Director General Manager Investor Relations & Sustainability Level 3, 88 Cumberland Street Tel: +61 2 8263 0501 Tel: +61 2 8263 0507 Sydney NSW 2000 sowen@ingeniacommunities.com.au db
Slide 24: Disclaimer
Disclaimer For personal use only This presentation was prepared by Ingenia Communities Holdings Limited (ACN 154 444 925) The f orward looking statements included in this presentation involve subjective judgment and and Ingenia Communities RE Limited (ACN 154 464 990) as responsible entity f or Inge
Slide 25: For personal use only
For personal use only ave ays Ingenia Our Viste is to create Australia’s best lifestyle and holiday communities.
Ingenia Communities Group — MST Financial Seniors Living Forum (October 2021) on 6ix