Lifestyle Communities Ltd · ASX:LIC
Lifestyle Communities — Shareholder Meeting (November 2018)
14 slides from Lifestyle Communities's shareholder meeting presentation, Nov 19, 2018
Slide 1: A Business for Purpose - Annual General Meeting
For personal use only A Business for Purpose Annual General Meeting 19th November 2018 LIFESTYLE LIFESTYLECOMMUNITIES COMMUNITIESLIMITED LIMITED-Downsize to a bigger - Downsize life to a bigger life A B U S INE S S MA K ING A DIF F E R E NCE 11
Slide 2: Agenda
Agenda For personal use only 1. Introduction from Chairman 2. Presentation from Managing Director LIFESTYLE COMMUNITIES LIMITED - Downsize to a bigger life A B U S I N E S S MAKING A DI F F E R E N C E 2
Slide 3: Section 1: Introduction from Chairman
For personal use only Section 1 Introduction from Chairman Tim Poole 2 3
Slide 4: Overview
Overview • For personal use only Increased international and institutional interest in the sector: ▪ GIC acquiring National Lifestyle Villages ▪ Hometown has acquired Gateway Lifestyle ▪ Sun Communities has acquired a 10% stake in Ingenia Communities • Land lease communities increasingly differentia
Slide 5: Section: Presentation from Managing Director
For personal use only Section 2 Presentation from Managing Director James Kelly LIFESTYLE COMMUNITIES LIMITED -Downsize to a bigger life 5
Slide 6: A Year In Review
A Year In Review For personal use only • Finalised an organisational review to build the skill and competency of the team for future growth • Continued focus on the customer and homeowner to create amazing experiences. Referral rates still 54% of new home sales and a recent survey showed that 98.5%
Slide 7: FY19 Sales & Settlements Update
FY19 Sales & Settlements Update For personal use only • Achieved 85 sales and 118 settlements as at the end of October • Achieved 33 re-sales at the end of October of which 26 attracted a DMF • Acquired additional land adjacent to Lifestyle Wollert North increasing the community size to 243 homes (s
Slide 8: Sales rates
Sales rates • Sales rates are meeting expectations in new corridors and exceeding expectations in For personal use only established corridors LIFESTYLE COMMUNITIES LIMITED - Downsize to a bigger life A BU SINESS MAKING A DIFFERENCE 8
Slide 9: Lifestyle Wollert – Additional Land
Lifestyle Wollert – Additional Land For personal use only • Acquired additional 4 hectare parcel (marked yellow) increasing the number of homes from 135 to 243 homes • Sales launch is scheduled for February 2019 • Construction commencement proposed for mid 2019 subject to planning approvals LIFESTYL
Slide 10: For personal use only
For personal use only LIFESTYLE COMMUNITIES LIMITED - Downsize to a bigger life A BU SINESS MAKING A DIFFERENCE 10
Slide 11: Portfolio Overview
Portfolio Overview 16 communities in planning, development For personal use only or under management Focus remains in Victoria • Favourable planning legislation • Better access to zoned, flat land for development • Low saturation of land lease communities • Balanced state legislation for the managem
Slide 12: Summary
Summary For personal use only • Further evolution of the facilities, home designs and our customer service strategy has continued to support sales and referral rates • Demand from the first home buyer continues to support the sale of our customers existing homes • Average moving in age is getting yo
Slide 13: Important Notice and disclaimer
• This Presentation contains general • Past performance information given in this predictable, which could cause actual Important Notice background information about Lifestyle Presentation is given for illustrative results to differ materially, in terms of anddisclaimer Communities Limited (LIC) and
Slide 14: Contact details
For personal use only LIFESTYLE COMMUNITIESLIMITED Level 2, 25 Ross Street South Melbourne VIC 3205 Ph: (03) 9682 2249 www.lifestylecommunities.com.au LIFESTYLE COMMUNITIES COMMUNITIESLIMITED LIMITED-Downsize to a bigger - Downsize life to abigger life A B U S I N E S S M AKING A DI F F E R E N C E
Lifestyle Communities — Shareholder Meeting (November 2018) on 6ix