Stockland · ASX:SGP
Stockland — Macquarie Australia Conference 2016
17 slides from Stockland's conference presentation, May 2016
Slide 1: Stockland
Stockland
Slide 2: Agenda
Agenda Topic Introduction to Stockland 3 3Q16 Update 5 Commercial Property 6 Residential 9 Retirement Living u Summary and Outlook 12 Annexure 13 Stockland presentation to the Macquarie Australia Conference May 2016
Slide 3: Our strategy for success
Our strategy for success STRATEGIC Focus OUR OBJECTIVE Deliver earnings per security growth & total risk-adjusted securityholder returns, above the sector average. Stockland presentation to the Macquarie Australia Conference May 2016 OUR VISION To be a great Australian real estate company that makes
Slide 4: Delivering sustainable growth
Delivering sustainable growth <a ee oCATON | Retail Logis 51% of SGP portfolio! Ss & Business Parks Office Residential Retirement Living 20% of SGP portfolio! 9% of SGP portfolio! 14% of SGP portfolio! 6% of SGP portfolio! Stockland Green Hills, NSW Mulgrave, Vic 135 King St/Glasshouse, NSW ‘Arve (I
Slide 5: 3Q16 Update
3Q16 Update Continued strong performance: Solid 3.5% comparable annual sales growth for specialty stores, 2.3% for total comparable sales Progressing our Retail and L&BP development pipelines on schedule and feasibility Strong quarter for Residential net deposits Activating our landbank, with new pr
Slide 6: Retail
Retail Retail Sales: * 3Q16 comparable specialty sales up 2.5%, slight moderation in growth rate, with strongest categories: * Communication technology A 16.9% * Retail Services A 6.0% * Food Catering/Fast Casual Dining A51% * Acquired remaining 50% stake in Stockland Bundaberg for $61.5m in April 2
Slide 7: Stockland Green Hills redevelopment
* Redevelopment of Stockland Green Hills (NSW) commenced in January 2016, it will more than double the size of this highly productive centre * The project will be delivered over three main stages: * Mid 2017: Best & Less, 23 specialty stores & kiosks * Late 2017: Target, 2 Mini-Majors, 88 specialty
Slide 8: Logistics and Business Parks, Office
Logistics and Business Parks, Office Logistics & Business Parks: * Continued leasing momentum with 290,000 sqm, 23% of the portfolio, executed or underway * Progressing our ~$400m development pipeline: * Oakleigh Stage One development and Erskine Park to be completed in June 2016; Ingleburn Stage On
Slide 9: Residential net deposits and settlements
1,652 1,642 1,712 1,706 • 1,427 251 1,557 1,581 238 309 405 190 • 96 348 317 432 343 317 209 291 502 • 429 478 403 486 519 462 • 425 684 572 652 463 528 524 404 • 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 • 4,721 4,844 4,679 4,246 514 643 912 762 3,648 3,391 • 455 387 1,602 1,277 817 720 1,323 1,487 1,367
Slide 10: Activating our landbank
Activating our landbank * 90% of our Residential capital is now employed in actively selling Aura, Qld - Artist's impression projects * On track to achieve first settlements at Altrove (NSW), Newport (Qld), and Pallara (Qld) in FY17 Recent and Pending Launches Total project _Total lots/ Timing of ==
Slide 11: Retirement Living
Retirement Living * Strong quarter for net reservations in our Established villages * Continued to grow development pipeline; reservations affected by timing of project releases * Large stages due for completion and settlement over next two quarters at: * Cardinal Freeman (NSW) * Willowdale (NSW) *
Slide 12: Summary & Outlook
Summary & Outlook * — Remain on track to achieve underlying EPS growth of gIRATEGIC Focy, 6.5 - 7.5% and FFO per security growth of 9 - 10% in FYI6, assuming no material change in market conditions Growas. a; FYI16 DPS targeted at 24.5c Well placed to achieve : * Full year lot settlements slightly a
Slide 13: Annexure
— | Retirement vile = : Stockland
Slide 14: Economic growth by industry
Mining Financial services Ownership of dwellings Construction Health care Professional services Manufacturing Public admin Education Retail trade Wholesale trade Transportation Info media & telco Tourism Property services Utilities Admin services Agriculture Other services Accom. & food services Art
Slide 15: Dwelling demand and completions by state
150 NSW 70 Victoria Number of dwellings ('000s) Number of dwellings ('000s) 50 100 30 50 10 0 -10 -50 -30 1985 1989 1993 1997 2001 2005 2009 2013 2017 1985 1989 1993 1997 2001 2005 2009 2013 2017 Pent-up Demand Dwelling Completions Underlying Demand Pent-up Demand Dwelling Completions Underlying Dem
Slide 16: Australia well placed internationally
- Australia well placed internationally International Affordabili House price-to-rent ratio around the world House price-to-income ratio around the world BU0Isy 208819 eu peamuog pue|od eUaKOIg pueje pues AveBunis ‘\ aouely > 29103 . ongndsy yoaz9 ywewusa uinee 16 anjgndey xeno1s oly yanos pur saeis
Slide 17: Disclaimer
rent from those expressed in, or implied by - guarantees or predictions of future OFS: many of which are beyond jose expiessed inith stelgments rd looking sta and involve know our control, and which may ined in the release. tements. These fo and unknown i viteériainte ual results to differ matritly