Slide 1: FY20 Results Investor Presentation (ASX Release)
ASX RELEASE For personal use only 26 August 2020 FY20 RESULTS INVESTOR PRESENTATION Home Consortium provides the attached FY20 Results Investor Presentation. -ENDS- For further information please contact: INVESTORS Will McMicking Tom Kohlen Finance Director Investor Relations Executive +61 451 634 9
Slide 2: FY20 Full Year Results Investor Presentation
For personal use only FY20 Full Year Results Investor Presentation 26 August 2020
Slide 3: Agenda
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Agenda For personal use only 11 Highlights David Di Pilla Executive Chairman and Chief Executive Officer 21 Operational performance Sid Sharma 31 Financial performance Chief Operating
Slide 4: Delivering results and creating value
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Delivering results and creating value HomeCo has delivered on its prospectus forecasts and today announces the next stage of its growth strategy For personal use only Results through
Slide 5: Key FY20 highlights
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Key FY20 highlights For personal use only Operational Financial Developments & Investments 97.8% 3 OCCUPANCY +1.7% DEVELOPMENTS COMPLETED PORTFOLIO VALUATION GROWTH Hawthorn East, Key
Slide 6: HomeCo is executing on its stated strategy to own, develop & manage
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HomeCo is executing on its stated strategy to own, develop & manage For personal use only Today’s announcement Own Develop Manage ▪ 36 freehold centres1 ▪ Jun-20 valuation uplift ▪ We
Slide 7: Operational Performance
For personal use only HomeCo Keysborough Operational Performance
Slide 8: Focus on hyper-convenience
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Focus on hyper-convenience HomeCo’s convenience focused model has positioned the centres to remain resilient during the COVID-19 period For personal use only Easy access with substant
Slide 9: COVID-19 trading update and impact
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx COVID-19 trading update and impact Proactive response to COVID-19 providing certainty for both tenants and securityholders For personal use only Cash collections + deals agreed YTD CY
Slide 10: High quality and diversified tenant mix
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx High quality and diversified tenant mix Defensive tenant mix with daily needs and healthcare & wellness tenancy exposure of 47% For personal use only ✓ 87% exposure to leading nationa
Slide 11: Portfolio statistics
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Portfolio statistics For personal use only Home Consortium portfolio statistics Rent review composition (by gross rent)3 Jun-20 Jun-20 (actual)1 (pro-forma)1 10% Fixed Number of prope
Slide 12: Development update
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Development update For personal use only ✓ 3 freehold centres developed in FY20 ✓ 7 centres in development and expected to open in FY21 (80,000 sqm of new GLA) ✓ Continued progress on
Slide 13: Financial performance
For personal use only HomeCo Hawthorn East Financial performance
Slide 14: Earnings summary
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Earnings summary FY20 pro-forma Freehold FFO exceeded prospectus forecast For personal use only Freehold income statement and FFO Summary $ million 1H FY201 2H FY20 FY20 ▪ Freehold pr
Slide 15: Consolidated balance sheet
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Consolidated balance sheet For personal use only 31-Dec-19 30-Jun-20 30-Jun-20 Acquisitions2 30-Jun-20 $ million Adjusted NTA1 Consolidated Adjusted NTA1 Pro-forma Comments to 30 June
Slide 16: Investment properties
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Investment properties $1.2bn AUM reflecting 30% growth since IPO For personal use only Freehold investment properties 185.9 ▪ HomeCo completed 15 independent valuations at 30 June 202
Slide 17: Capital management
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Capital management Strong capital position with 32% pro-forma gearing and $109 million of liquidity For personal use only $ million 30-Jun-20 30-Jun-20 ▪ $137 million liquidity (cash
Slide 18: Growth strategy and outlook
For personal use only HomeCo Braybrook Growth strategy and outlook
Slide 19: Intention to establish new Daily Needs ASX-listed REIT
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Intention to establish new Daily Needs ASX-listed REIT1 For personal use only Summary Post separation structure ▪ Intention to establish a new Daily Needs ASX-listed REIT (“DN REIT”)
Slide 20: Daily Needs REIT—Strategic rationale
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Daily Needs REIT—Strategic rationale For personal use only Strategic rationale ▪ Delivers securityholders an investment in two companies with different investment attributes: ̶ DN REI
Slide 21: Daily Needs REIT—Investment highlights
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Daily Needs REIT—Investment highlights For personal use only 1 ▪ HMC has identified a model portfolio of metro-located, convenience based assets across Neighbourhood Centres, Large Fo
Slide 22: HealthCo exposure
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HealthCo exposure HomeCo has established a material services exposure comprising health, childcare & education, government services and wellness tenants For personal use only Current
Slide 23: HomeCo post establishment of DN REIT and HealthCo fund
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HomeCo post establishment of DN REIT and HealthCo fund Establishing platform for future growth For personal use only New 100% ownership HMC existing DN REIT HMC.ASX Shareholder Invest
Slide 24: Outlook
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Outlook For personal use only ▪ HomeCo is well placed to withstand any future COVID-19 developments with a strong liquidity position, diversified tenant mix and competitive rent offer
Slide 25: Appendix
For personal use only Appendix
Slide 26: Foot traffic
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Foot traffic 18% increase in like-for-like foot traffic in Jun-20 versus pcp For personal use only Foot traffic (millions)—Last 24 months1 Trading update ▪ Like-for-like foot traffic
Slide 27: Well located and geographically diverse portfolio
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Well located and geographically diverse portfolio 69%1 of centres strategically located in metropolitan growth corridors For personal use only Freehold Portfolio metrics Centre classi
Slide 28: HomeCo portfolio
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HomeCo portfolio Portfolio summary metrics For personal use only Trading Operating assets State Classification1 Total GLA2 occupancy3 (%) Occupancy4 (%) WALE5 (years) Fair value6 ($m)
Slide 29: Consolidated earnings summary
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Consolidated earnings summary For personal use only Income statement – 12 months to 30-Jun-20 Freehold FFO by HY $ million Freehold Leasehold Consolidated $ million 1H FY201 2H FY20 F
Slide 30: Leasehold mitigation
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Leasehold mitigation Proposed leasehold restructure to remove any remaining legal exposure HomeCo has to existing leaseholds For personal use only Net leasehold liability1 Leasehold r
Slide 31: Healthcare and wellness sector is opportunity rich
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Healthcare and wellness sector is opportunity rich For personal use only ▪ Total current market size of Healthcare & Wellness sectors is approximately $228 billion ▪ Population growth
Slide 32: HealthCo St Mary's case study—Concept Design
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HealthCo St Mary’s case study—Concept Design For personal use only 30
Slide 33: HealthCo St Mary's case study—Centre plan
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx HealthCo St Mary’s case study—Centre plan For personal use only 31
Slide 34: Disclaimer and Contacts
IBDROOT\PROJECTS\IBD-HK\KAURY2017\605978_1\IPO\Cornerstone presentation\2019.09.09 Amalfi Investor Presentation.pptx Disclaimer and Contacts For personal use only Disclaimer NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES The information provided in this presentation has been prepared by Home C