Centuria Capital Group · ASX:CNI
Centuria Capital — Shaw and Partners Emerging Leaders Conference 2019
19 slides from Centuria Capital's conference presentation, May 15, 2019
Slide 1: Shaw and Partners Emerging Leaders Conference Presentation (ASX announcement)
Australian Securities Exchange – Company Announcements Platform Centuria Capital Group For personal use only Shaw and Partners Emerging Leaders Conference Presentation Wednesday, 15 May 2019 Centuria Capital Group (ASX: CNI or Centuria) provides a presentation that will be used at the Shaw and Partn
Slide 2: Disclaimer
Before making an investment decision, the recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this announcement, including obtaining investment, legal, tax, accounting and such other advice as ne
Slide 3: Centuria Capital Group – Shaw and Partners Emerging Leaders Conference
For personal use only Centuria Capital Group SHAW AND PARTNERS EMERGING LEADERS CONFERENCE ASX:CNI | 15 MAY 2019 201-203 PACIFIC HWY, ST LEONARDS NSW CENTURIA CAPITAL GROUP ASX:CNI 1
Slide 4: Centuria is an established ASX-listed specialist investment manager
CENTURIA PROFILE Centuria is an established ASX-listed specialist investment manager For personal use only Centuria Capital Group $541m Market Capitalisation1 $5.6bn $0.4bn2 Assets Under Management (AUM) Co-Investments $4.8bn $0.8bn Centuria Metropolitan REIT (CMA) Centuria Industrial REIT (CIP) Pro
Slide 5: An established platform with $4.8 billion property AUM
CENTURIA ASSETS UNDER MANAGEMENT An established platform with $4.8 billion1 property AUM For personal use only 18 properties valued at $890m ASSETS UNDER MANAGEMENT ($BN) 11 properties valued at $424m (FY18: $638m) (FY18: $400m) Centuria Industrial REIT CMA: 6 properties Centuria Metropolitan REIT $
Slide 6: Group Financial Highlights
GROUP FINANCIAL HIGHLIGHTS Increased recurring revenues underpin distributions For personal use only CNI REVENUE COMPOSITION ($M) Transactional revenue 120 80 Belmont Rd Performance fees 100 60 Property transaction fees 80 Recurring revenue 60 40 Property funds management fees 40 Co-investment incom
Slide 7: Divisional Overview
For personal use only SECTION TWO Divisional Overview 8 CENTRAL AVENUE, EVELEIGH, NSW CENTURIA CAPITAL GROUP ASX:CNI 5
Slide 8: Real Estate Funds Management Platform
CENTURIA REAL ESTATE DIVISION Real Estate Funds Management Platform For personal use only PLATFORM $4.8bn 2 15 Social / Affordable Housing Listed REITs Unlisted fixed term funds 1H19 Assets under management & CMA & CIP & CDPF Debt Funds ASSETS 35 42 1.26m >500 Office assets Industrial assets Square
Slide 9: Centuria's integrated property platform leverages deep real estate skills
CENTURIA REAL ESTATE DIVISION Centuria’s integrated property platform leverages deep real estate skills and experience across the group For personal use only Capital Funds Asset/Property Facilities Property Origination Sources Management Management Management value add Asset Identification Unlisted
Slide 10: Centuria Unlisted Property Division
CENTURIA UNLISTED PROPERTY DIVISION Creating value through active management For personal use only • Broad capital sources established through retail, high net worth and select wholesale capital partners $2.2bn AUM Centuria diversified property fund (CDPF): • Multi asset open-ended fund with limited
Slide 11: CMA: Australia's largest pure play office REIT
CMA: AUSTRALIA’S LARGEST PURE PLAY OFFICE REIT Centuria management – creating unitholder value since inception For personal use only Annual total unitholder return 13.5%p.a. since IPO1,2,3 TOTAL RETURN SINCE IPO1,2,3 PORTFOLIO VALUE ($BN) NTA ($) PER UNIT4 74.5% 1.4 6.6% 63.2% CAGR3 2.49 2.47 2.32 5
Slide 12: CIP: Australia's largest domestic pure play industrial REIT
CIP: AUSTRALIA’S LARGEST DOMESTIC PURE PLAY INDUSTRIAL REIT Centuria management – creating unitholder value For personal use only Annual total unitholder return 16.2% p.a. under Centuria’s management1,2,3 TOTAL RETURN SINCE UNDER CENTURIA’S PORTFOLIO VALUE ($BN) NTA ($) PER UNIT6 MANAGEMENT OF CIP1,
Slide 13: Social and Affordable Housing: Market overview
SOCIAL AND AFFORDABLE HOUSING Market overview For personal use only Federal – National Housing and Homelessness Agreement (NHHA) $1.5 billion in federal funding per annum from FY18/19 ▪ Limited number of securitised and institutional real estate managers servicing Social and Affordable Housing State
Slide 14: Social and Affordable Housing: Centuria's Current Projects
SOCIAL AND AFFORDABLE HOUSING Centuria’s Current Projects Artist Impressions For personal use only • Established partnership with Compass Housing and Tetris Capital ▪ Largest provider of social and affordable housing in the Hunter region and one of the largest in NSW (Tier 1 service provider) • Pre-
Slide 15: Investment Bonds: Centuria LifeGoals
INVESTMENT BONDS Centuria LifeGoals – new product launched January 2019 Rules v benefits explored For personal use only RULE BENEFIT • Tax paid at maximum 30%; no tax paid after 10 years Tax rate • No capital gains tax on switching • No stamp duty on transfer • Unlimited total contributions in first
Slide 16: Centuria Recapped
CENTURIA RECAPPED One of Australia’s largest listed external real estate and investment bond managers For personal use only An established ASX-listed • $5.6bn AUM at 1H19, 54.1% CAGR1 since FY16 specialist investment manager • Broad recurring revenue streams underpin distributions Established real e
Slide 17: Definitions
Definitions Operating Segments: Group has five reportable operating segments. These reportable AUM: Assets under management For personal use only operating segments are the divisions which report to the Group’s Chief Executive Officer and Board of Directors for the purpose of resource allocation and
Slide 18: Disclaimer
Disclaimer This presentation has been prepared by Centuria Capital Limited and Centuria Funds Management Limited as This presentation is provided for general information purposes only. It is not a prospectus, product disclosure For personal use only responsible entity of Centuria Capital Fund (toget
Slide 19: For personal use only
For personal use only CENTURIA CAPITAL GROUP ASX:CNI 17
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