Lendlease Group · ASX:LLC

Lendlease — Macquarie Australia Conference 2014

14 slides from Lendlease's conference presentation, May 8, 2014

  1. Slide 1: Lend Lease presentation at Macquarie Australia Conference in Sydney

    ASX Announcement For personal use only Lend Lease presentation at Macquarie Australia Conference in Sydney 8 May 2014 Attached is the presentation given by Lend Lease Chief Executive Officer, Property Australia, Tarun Gupta at today’s Macquarie Australia Conference being held in Sydney. ENDS For fur

  2. Slide 2: Australian Property Business

    AUSTRALIAN PROPERTY BUSINESS Tarun Gupta For personal use only Chief Executive Officer, Property Disclaimer: Artist impression only, as at May 2014 1

  3. Slide 3: Important Notice

    Important Notice This presentation has been prepared in good faith, but no representation or warranty, express or implied, is made as to the For personal use only accuracy, adequacy or reliability of any statements, estimates, opinions or other information contained in the presentation (any of which

  4. Slide 4: Contents

    Contents  Safety commitment For personal use only  Property Australia portfolio  Urban regeneration  Barangaroo update  Residential – apartments; communities and retirement  Investment Management  Delivering on our strategy  Q&A Disclaimer: Artist impression only, as at May 2014 3

  5. Slide 5: Safety Commitment

    For personal use only SAFETY COMMITMENT 4

  6. Slide 6: Property Australia portfolio

    Property Australia portfolio Quality diversified portfolio leveraging end to end integrated model For personal use only Urban Communities Retirement Investment Regeneration Management  70 villages  7 projects  28 projects across  $10.6 billion  $17.4 billion across five Australia/ FUM states 

  7. Slide 7: Urban regeneration - focus on execution

    Urban regeneration - focus on execution Project End Value1 Progress For personal use only  100% pre sales for first residential apartments Barangaroo South, Sydney A$6.0 billion  Construction of first two commercial towers progressing well  T1 (third commercial tower) launched  Financial close r

  8. Slide 8: Barangaroo – continued progress

    Barangaroo – continued progress Commercial Commercial Tower 1 For personal use only  T1 launched – expected to complete FY17  Pre-commitments secured: 77% of T2/T3 and  Large adaptable floor 33% of T1 plates – on average  Blue chip tenants – PwC, HSBC, KPMG, 2,300 sqm Westpac, Lend Lease, Gilber

  9. Slide 9: Residential – apartments

    For personal use only Residential – apartments Strong market fundamentals Projects Under Pre- FY14 FY15 FY16 Construction sold  Low interest rates, strong demand from  Barangaroo Stage 1 100% offshore and investors and trend to inner city 2 towers (159 units) living  RNA The Green 85% Significant

  10. Slide 10: Residential - Communities

    For personal use only Residential - Communities WA 12% Strong market fundamentals Backlog by geography  Low interest rates, strong population SA 5% WA 3% growth and favourable affordability 28 projects, all with approved residential VIC 17% zoning  Strong sales across most markets – NSW, ACT & NSW

  11. Slide 11: Residential - Retirement

    Residential - Retirement Units by geographyWA 12% For personal use only Solid market fundamentals NZ 8%  Residential market cyclical upswing, QLD 32% WA 11% improving residential valuations and sustained demographic shift SA 3% Significant operational efficiencies from scale portfolio  Annual cost

  12. Slide 12: Investment Management

    Investment Management Strong capital markets and scarcity of assets For personal use only  Growth in funds under management (FUM) to $10.6 billion  ~16% p.a. average growth in FUM over past 5 years1  ~90 institutional investors in the Australian platform (~65 domestic and ~25 offshore) Lakeside J

  13. Slide 13: Delivering on our strategy

    For personal use only Delivering on our strategy 2009 From 2009 1H14 Urban regeneration: $6.0 billion $17.4 billion RESTORE Apartments: 3,980 9,300 backlog Communities: Zoned 20,830 57,120 Unzoned 47,390 - Total 68,220 57,120 backlog Retirement living1: 12,200 12,705 units FUM2: $5.6 billion $10.6 b

  14. Slide 14: Q&A

    Q&A For personal use only Disclaimer: Artist impression only, as at May 2014 13

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