Goodman Group · ASX:GMG
Goodman — Corporate Update (September 2010)
27 slides from Goodman's corporate update, Sep 24, 2010
Slide 1: ASX cover letter: presentation on Melbourne property tour
24 September 2010 For personal use only The Manager Company Notices Section ASX Limited 20 Bridge Street SYDNEY NSW 2000 Dear Sir GOODMAN GROUP (GOODMAN) – PRESENTATION ON MELBOURNE PROPERTY TOUR We attach a presentation to be provided to analysts on our Melbourne property tour. Yours sincerely Carl
Slide 2: Melbourne update and property tour
Melbourne update and property tour For personal use only Friday 24th September 2010 Find yourself in a better space+
Slide 3: Agenda
For personal use only agenda+ Presentation+ 01 Australian property update – Jason Little 2 02 Melbourne property strategy and update – Ben McGilp 4 03 Melbourne valuation update – CBRE 14 Property tour+ 04 Clayton Business Park 14 05 Moorabbin Airport and business park 16 06 Western Melbourne corrid
Slide 4: Presentation
For personal use only presentation+
Slide 5: Australian investment property overview
01: Australian property update Australian investment property overview For personal use only Investment Properties 138 Tenants 548 Area (million sqm) 4.4 Value ($b) 5.9 WACR 8.2% Occupancy 96% WALE 5.7 Retention 73% Staff 187 Major customer Geographic diversification Lease expiry Coles 8.5% South Au
Slide 6: Australian development property overview
01: Australian property update Australian development property overview For personal use only Land inventory Area (million sqm) 2.0 Australian developments Built out end value ($b) 2.8 Funds and third party 53% 1000 GMG 47% 800 Current enquiry 600 NSW 103,825 sqm 400 Qld 68,895 sqm Vic 72,000 sqm 20
Slide 7: Melbourne investment property overview
02: Melbourne property strategy and update Melbourne investment property overview For personal use only Investment Number of properties 27 Major customer Number of customers 95 Toll 9.5% Area (million sqm) 1.2 Woolworths Ltd 5.9% SCA Hygiene Australia 4.4% Book value ($b) 1.0 ACI 4.2% WACR 8.5% Wesf
Slide 8: Melbourne population
02: Melbourne property strategy and update Melbourne population For personal use only Melbourne’s population in 2031 Melbourne’s population is projected to increase by approximately 900,000 between 2001 and 2031. Sixty per cent of Melbourne’s population will live in the eastern half of the city at t
Slide 9: Melbourne industrial markets
02: Melbourne market strategy and update Melbourne industrial markets y wa F ree me Hu For personal use only Mickleham Sunbury Craigieburn Hume Hi Hume Freeway ghway (S Somerton Coolaroo ydn Epping ey Road) Ca ld Melbourne Broadmeadows er F Airport Amaroo Business Park Greensborough re ew ay Road Me
Slide 10: Target development regions
02: Melbourne market strategy and update Target development regions For personal use only Region Development properties Strategy West IIE Site 1 Large industrial precommitments and IIE Site 2 Land sales Banfield Distribution Centre Connectwest Industrial Estate Westside Industrial Estate Boundary Di
Slide 11: Western market summary
02: Melbourne market strategy and update Western market summary For personal use only + Preferred location for larger industrial users +Interchange Industrial Estate – Woolworths (>20,000 sqm) + Distribution and port related business (Woolworths, Coles, Kmart etc.) + Institutional competition + Mark
Slide 12: Leakes Road development precinct
02: Melbourne market strategy and update Leakes Road development precinct For personal use only Port of Melbourne CB D West Gate Freeway Princes Highway Western Ring Road Princes Freeway Kororoit Creek Road Fitzgerald Road Interchange Industrial Estate – Site One Princes Freeway Dohertys Road Interc
Slide 13: toyotagreen
02: Melbourne market strategy and update toyotagreen For personal use only + Immediately adjacent to the CBD +toyotagreen – Parcel B + Historical location for larger users + Trending towards unit industrial estates + Limited land supply + Redevelopment opportunity with income + Builds on previous su
Slide 14: toyotagreen
02: Melbourne market strategy and update toyotagreen For personal use only CBD toyotagreen Business Park Parcel B Bertie Street West Gate Freeway Precinct A Bridge Street Parcel A Plummer Street CityLink Graham Street Melbourne update and property tour 11
Slide 15: Ferntree Business Park
02: Melbourne market strategy and update Ferntree Business Park For personal use only + Established suburban commercial precinct +Ferntree Business Park + Limited land supply + Ferntree Business Park is well located on Ferntree Gully Road + Redevelopment opportunity with income + Opportunity to repo
Slide 16: Ferntree Business Park
02: Melbourne market strategy and update Ferntree Business Park For personal use only CBD Monash Freeway Stephensons Road Clayton Road Forster Road Ferntree Gully Road Gardiner Road Ferntree Business Park Melbourne update and property tour 13
Slide 17: CBRE
For personal use only CBRE+
Slide 18: Property tour
For personal use only property tour+ Melbourne update and property tour 15
Slide 19: Clayton Business Park
04: Clayton site visit Clayton Business Park For personal use only + Historical industrial location + Older style industrial estate satisfying current demand for affordable accommodation + Rents currently vary from $40 to $100 per sqm net + Increasing annual capital expenditure + Adjacent to residen
Slide 20: Clayton Business Park
04: Clayton site visit Clayton Business Park For personal use only CBD Cranbourne/Pakenham Train Line Princes Highway Centre Road Clayton Business Park Kombi Road Rayhur Street Westall Distribution Centre Westall Train Station Westall Road Melbourne update and property tour 17
Slide 21: Moorabbin airport and business park
05: Moorabbin site visit Moorabbin airport and business park For personal use only + Located 21 kilometres from the Melbourne CBD + Substantial 294 hectare business park and airport in Melbourne’s inner south-east 1998 2010 + 123 hectares of prime business park space plus the Moorabin Airport + 50 h
Slide 22: Moorabbin Airport masterplan
05: Moorabbin site visit Moorabbin Airport masterplan For personal use only + 99 year1 leasehold interest (87 years remaining) from Commonwealth Government KCP DFO + Latest masterplan approved in July 2010 for the next five years + Commitment to work closely with all levels of Government and the loc
Slide 23: Moorabbin Airport development strategy
05: Moorabbin site visit Moorabbin Airport development strategy For personal use only + Precinct to the south of Chifley Business Park represents a natural extension to the existing industrial development CBD + Precinct along Boundary Road will suit alternative development uses including retail + Pr
Slide 24: Chifley Business Park
05: Moorabbin site visit Chifley Business Park For personal use only Simplot 3 1 Hartman Swing Ultrapak Acushnet Spectrum Gifts Brands 5 7 9 Southcott ITT Flygt Vacant Hutchinson Coca Cola Coca Cola Visy 9 Child Care Facility 7 Fitness Centre 5 Estate Cafe 1,3 Office Pods Coca Cola Salton Melbourne
Slide 25: Western overview
06: Western Melbourne corridor Western overview For personal use only + Located along Leakes Road, Truganina approximately 18 km west of Melbourne’s CBD and 15 km to the Port of Melbourne + 157.8 hectares of land within the precinct over Deer Park Bypass Western Ring Road five (5) estates + Developm
Slide 26: Leakes Road development precinct
06: Western Melbourne corridor Leakes Road development precinct For personal use only Port of Melbourne CB D West Gate Freeway Princes Highway Western Ring Road Princes Freeway Kororoit Creek Road Fitzgerald Road Interchange Industrial Estate – Site One Princes Freeway Dohertys Road Interchange Indu
Slide 27: Thank you
For personal use only thank+you This document has been prepared by Goodman (Goodman International Limited (ABN 69 000 123 071) and Goodman Funds Management Limited (ABN 48 067 796 641) as Responsible Entity for Goodman Industrial Trust (ARSN 091 213 839) (AFSL 223621)) for general information purpos