GPT Group · ASX:GPT

GPT — ESG Presentation (April 2007)

42 slides from GPT's sustainability presentation, April 2007

  1. Slide 1: GPT Corporate Responsibility 2007

    GPT Corporate Responsibility 2007

  2. Slide 2: Agenda

    Agenda „ GPT Corporate approach to Corporate Responsibility „ Portfolio approach – GPT Wholesale Office Fund – GPT Wholesale Shopping Centre Fund „ Appendices – GPT Wholesale Office Fund Portfolio – GPT Wholesale Shopping Centre Fund

  3. Slide 3: Our Governance and Accountability

    Our Governance and Accountability Approved CR Strategy 2010 GPT Corporate Responsibility Board Sub-committee GPT Group Head of Corporate Corporate Responsibility Responsibility Steering Group Chair Head Head of Head of Head Head of Chief Risk Head of CEO or COO of Retail Office Industrial of JV Tour

  4. Slide 4: CR Principles

    CR Principles „ Performance at the leading edge „ Reduce our footprint „ Increase our social and environmental capabilities „ Our principles apply equally to all assets and divisions „ Engage with partners and co-owners in the same vane „ Show continuous improvement „ Report transparently using GRI

  5. Slide 5: GPT Ratings and Signatory

    GPT Ratings and Signatory „ Adopted ASX Principles of Good Corporate Governance „ Signatory to UN Principles of Responsible Investment, April 2007 „ Foundation member of the Aust/NZ Investor Group on Climate Change „ Member of Green Building Council, Australia „ Member DJSI Real Estate for third yea

  6. Slide 6: Key Group Initiatives 2007

    Key Group Initiatives 2007 „ Develop a roadmap to 2020 „ Develop eco-footprint as a key measure across the business „ Educate and empower ourselves „ Develop GRI reporting capability „ Climate change and property research „ Rewarding success „ STIC measure linked to DJSI performance for all employee

  7. Slide 7: Risk Management

    Risk Management „ Expansion of risk management framework to incorporate social and environmental risks and opportunities „ Risk horizon is now extended from 18 months to 10 years „ Corporate Responsibility Risk Register and Management plan in place by July 2007.

  8. Slide 8: Social Inclusion

    Social Inclusion „ Establishment of community reference groups for all retail developments and operational centres „ All assets maintain casual lease space dedicated to not-for-profit entities for free use „ Office and Industrial participating in development of Green Star rating tools for their asse

  9. Slide 9: Office – Workplace 6

    Office – Workplace6 „ Demonstrates GPT’s belief that high performance office is the key market of the future „ The first 6 star (world’s best practice) SPECULATIVE office development in Australia „ Demonstration that commercial and environmental performance can live together „ Build’s on GPT’s exper

  10. Slide 10: Retail – Delivering on Promises - Casuarina

    Retail – Delivering on Promises - Casuarina „ NT energy prices at 17 c/kWh meant the centre faced an energy bill of $1.7m per annum. „ A capital investment project was formulated to enhance the air- conditioning system including some “extras-over” features. „ A 17.2% reduction in electricity was mod

  11. Slide 11: Hotels – Community Responsibility

    Hotels – Community Responsibility „ Aboriginal health is an issue of national significance. GPT experiences the issues first hand through our remote operations such as Ayres Rock Resort and El Questro Station. „ GPT participated in the Opal Alliance which received government funding to pilot a non-s

  12. Slide 12: GPT Wholesale Office Fund

    GPT Wholesale Office Fund Presentation to AMP RIL April 2007

  13. Slide 13: Performance and Targets

    Performance and Targets „ Portfolio grew by 27% 2004-07, yet an absolute reduction is forecast for 2007 of 10,475 tonnes CO2 and 54 million litres of water, per annum – Data for The Zenith is not included – Figures represent 100% interests in assets 2004 2005 2006 2007 Best Change Target Practice 20

  14. Slide 14: Talking Points

    Talking Points „ Established Assets = incremental approach – Single step approach is capital prohibitive – Quiet enjoyment considerations „ Stakeholder Engagement and Education – JLL and subcontractors, building their capacity – Sustainability champions and awards „ Cost/Benefit assessment „ GreenPo

  15. Slide 15: Next Steps

    Next Steps „ Define 2010 and 2020 targets „ Define Carbon neutral date / strategy / program „ Investigate Electricity Co-generation retro-fit opportunities „ Government Funding Assistance „ Energy Savings Action Plan roll out to whole portfolio „ Sydney Water Every Drop Counts, 5 star rating accredi

  16. Slide 16: GPT Wholesale Shopping Centre Fund

    GPT Wholesale Shopping Centre Fund Presentation to AMP RIL April 2007

  17. Slide 17: Progress to 2009 Environmental Targets

    GPT Wholesale Shopping Centre Fund Progress to 2009 Environmental Targets „ In 2003 GPT defined environmental targets to 2009. „ 2010 onwards targets being refined with knowledge gained „ Significant progress made in achieving environmental goals Water (kL) Energy total Energy Energy Gas Greenhouse

  18. Slide 18: Portfolio Corporate Responsibility

    GPT Wholesale Shopping Centre Fund Portfolio Corporate Responsibility Environmental initiatives „ Refresh the 2004-2009 core GRI targets to increase those already delivered (water and waste) and confirm delivery of others (footprint; water; energy; greenhouse). „ EPA Victoria – water audits „ Retail

  19. Slide 19: Portfolio Corporate Responsibility Next Steps

    GPT Wholesale Shopping Centre Fund Portfolio Corporate Responsibility Next Steps „ Continued focus on improving sustainability focus in managing and developing assets „ GPT’s focus includes optimising Environment Healthy Community environmental, social and economic *SI outcomes Efficient Equitable „

  20. Slide 20: Questions

    Questions Dow Jones Sustainability Indexe

  21. Slide 21: Appendix – GWOF Portfolio Overview

    Appendix 1 – GWOF Portfolio Overview

  22. Slide 22: Portfolio snapshot

    Portfolio snapshot ƒ Portfolio of interests in 10 assets valued at $2.475 billion at 31 March 2007 ƒ YTD (8.25 months) fund performance 12.7% after fees and expenses Office NLA Asset Valuation (100% Asset grade ($m) Ownership Interest) Cap rate Valuation IRR Darling Park 1&2, Sydney Premium 525.0 50

  23. Slide 23: Darling Park Towers 1, 2 & Cockle Bay Wharf

    Darling Park Towers 1, 2 & Cockle Bay Wharf Description A landmark commercial and retail complex located on Darling Harbour, Sydney. Ownership 50% leasehold Asset Quality Premium Construction / Refurbishment Completed 1994 (Tower 1) and 1999 (Tower 2) Lettable Area 102,200sqm (office), 9,800sqm (ret

  24. Slide 24: Darling Park 3

    Darling Park 3 Description The third and final stage of the Darling Park complex, Tower 3 comprises an 18 level office tower completed in November 2005. Ownership 100% Leasehold Asset Quality Premium Construction / Refurbishment Completed November 2005 Lettable Area 29,800sqm, 160 car spaces Ownersh

  25. Slide 25: Riverside Centre

    Riverside Centre Description This landmark Brisbane complex comprises a 41 level office tower, retail plaza and waterfront restaurants and large car park. Ownership 100% Lease Asset Quality Premium Construction / Refurbishment Completed 1986, refurbished 1998 Lettable Area 51,100sqm (Office) 3,900sq

  26. Slide 26: 800 & 808 Bourke Street

    800 & 808 Bourke Street Description Situated in the emerging Docklands precinct in Melbourne, this development includes design elements such as open atria, operable windows, and extensive use of natural light. Ownership 100% Asset Quality A Grade Construction / Refurbishment Completed in 2004 Lettab

  27. Slide 27: 530 Collins Street

    530 Collins Street Description 530 Collins is a premium 38-storey CBD office tower in Melbourne incorporating a large internal atrium. Ownership 100% Freehold Asset Quality Premium Construction / Refurbishment Completed in 1991 Lettable Area 67,900sqm (office), 100sqm (retail) and 330 car spaces Own

  28. Slide 28: HSBC Centre

    HSBC Centre Description A striking Art Deco-style tower with 33 levels of contemporary office space and a retail precinct which is linked by a pedestrian underpass to Town Hall railway station. Ownership 100% Freehold Asset Quality A-grade Construction / Refurbishment Completed in 1988, refurbished

  29. Slide 29: The Zenith

    The Zenith Description A prominent A-grade office complex located in the commercial heart of the Chatswood CBD. The asset consists of 2 towers, connected by a multi-storey glass atrium and with large efficient floor plates. Ownership 50% Freehold Asset Quality A-grade Construction / Refurbishment Co

  30. Slide 30: 179 Elizabeth Street

    179 Elizabeth Street Description A modern 16 level property with harbour views over Hyde Park. The building is home to the Tattersalls Club of Sydney. Ownership 100% Freehold Asset Quality A-grade Construction / Refurbishment Completed in 1991 Lettable Area 14,000sqm (office), 800sqm (retail) and 11

  31. Slide 31: Brisbane Transit Centre

    Brisbane Transit Centre Description A mixed-use facility comprising two office towers which are fully leased to Telstra, a Holiday Inn hotel, car park, medical centre and several retail areas. Ownership 50% Freehold Asset Quality B Grade Construction / Refurbishment Completed in 1986 Lettable Area 2

  32. Slide 32: 10 & 12 Mort Street

    10 & 12 Mort Street Description Two adjoining modern A-grade office buildings located in Canberra’s CBD. Both properties comprise six upper office levels, ground floor retail and basement car parking. Ownership 100% Leasehold Asset Quality A Grade Construction / refurbishment Completed in 1994 (10 M

  33. Slide 33: Appendix – GPT Wholesale Shopping Centre Fund Portfolio details

    Appendix 2 GPT Wholesale Shopping Centre Fund Portfolio details

  34. Slide 34: Asset details

    Asset details Locations 1 2 1 Forestway Shopping Centre NSW 2 Carlingford Court NSW 3 Macarthur Square NSW 4 Wollongong Central NSW 3 5 Chirnside Park VIC 6 Highpoint Shopping Centre VIC 7 Homemaker City Maribyrnong VIC 8 Parkmore Shopping Centre VIC QUEENSLAND 4 Brisbane NEW SOUTH WALES 5 67 Sydney

  35. Slide 35: Asset details – Highpoint Shopping Centre

    Asset details Highpoint Shopping Centre Location: Melbourne, VIC Retail classification1: Super regional Acquired by GPT: Mar 2006 Ownership: 50%2 Book value: $622.5m Cap rate: 5.00% Gross lettable area: 120,770 sqm Car parking spaces: 6,200 Total centre annual sales turnover: $691.6m Specialty sales

  36. Slide 36: Asset details – Homemaker City Maribyrnong

    Asset details Homemaker City Maribyrnong Location: Melbourne, VIC Retail classification1: Bulky goods Acquired by GPT: Nov 2001 Ownership: 50% Book value: $29.5m Cap rate: 7.00% Gross lettable area: 21,212 sqm Car parking spaces: 500 Number of retail tenancies: 17 Occupancy: 100% Description: The Ce

  37. Slide 37: Asset details – Macarthur Square

    Asset details Macarthur Square Location: Sydney, NSW Retail classification1: Major regional Acquired by GPT: Dec 1999 Ownership: 50%2 Book value: $411.5m Cap rate: 5.25% Gross lettable area: 90,492 sqm Car parking spaces: 3,600 Total centre annual sales turnover: $431.5m Specialty sales turnover (ps

  38. Slide 38: Asset details – Wollongong Central

    Asset details Wollongong Central Location: Wollongong, NSW Retail classification1: City centre Acquired by GPT: Jul 1996 & Oct 1998 Ownership: 100% Book value: $217.1m Cap rate: 6.50% Gross lettable area: 39,260 sqm Car parking spaces: 1,500 Total centre annual sales turnover: $176.9m Specialty sale

  39. Slide 39: Asset details – Chirnside Park

    Asset details Chirnside Park Location: Melbourne, VIC Retail classification1: Regional Acquired by GPT: Jul 1996 Ownership: 100% Book value: $200.0m Cap rate: 6.00% Gross lettable area: 37,384 sqm Car parking spaces: 2,100 Total centre annual sales turnover: $227.9m Specialty sales turnover (psm): $

  40. Slide 40: Asset details – Carlingford Court

    Asset details Carlingford Court Location: Sydney, NSW Retail classification1: Sub regional Acquired by GPT: Jul 1996 Ownership: 100% Book value: $192.0m Cap rate: 6.00% Gross lettable area: 33,138 sqm Car parking spaces: 1,400 Total centre annual sales turnover: $161.9m Specialty sales turnover (psm

  41. Slide 41: Asset details – Parkmore Shopping Centre

    Asset details Parkmore Shopping Centre Location: Melbourne, VIC Retail classification1: Regional Acquired by GPT: Jul 1996 Ownership: 100% Book value: $175.0m Cap rate: 6.25% Gross lettable area: 36,423 sqm Car parking spaces: 2,600 Total centre annual sales turnover: $187.7m Specialty sales turnove

  42. Slide 42: Asset details – Forestway Shopping Centre

    Asset details Forestway Shopping Centre Location: Sydney, NSW Retail classification1: Neighbourhood Acquired by GPT: Jul 1996 Ownership: 100% Book value: $78.1m Cap rate: 6.00% Gross lettable area: 9,614 sqm Car parking spaces: 400 Total centre annual sales turnover: $79.4m Specialty sales turnover

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