Lifestyle Communities Ltd · ASX:LIC
Lifestyle Communities — Shareholder Meeting (November 2023)
13 slides from Lifestyle Communities's shareholder meeting presentation, Nov 14, 2023
Slide 1: Immediate Release to the ASX
ASX:LIC 14 November 2023 Immediate Release to the ASX Lifestyle Communities Ltd releases the attached Chair and Managing Director address for the Annual General Meeting to be held today at 9.00am (Melbourne time). For further information, please contact: James Kelly Managing Director Ph: 1300 50 55
Slide 2: Annual General Meeting
Annual General Meeting 14 November 2023 20 Celebrating years of Lifestyle
Slide 3: Overview: Introduction from Chair
Artist’s impression, Lifestyle St Leonards Overview Introduction from Chair - Philippa Kelly Lifestyle Communities— Annual General Meeting Presentation, November 2023 1
Slide 4: Industry continues to mature
Industry continues to mature Overview • Entry of larger conglomerates continues to drive industry growth • Portfolio transactions and deep buyer pool for land lease assets supportive for asset valuations • The land lease industry plays a dual role in the delivery of affordable housing: – efficient c
Slide 5: FY23 Review
FY23 Review Overview Operating earnings per share • Celebrated 20 years of operations — welcomed our 80 5,000th homeowner and settled our 3,500th home • Opened new clubhouse at Lifestyle Meridian 70 68.1 • Welcomed first homeowners at Lifestyle Woodlea and Lifestyle Bellarine 60 58.7 • Welcomed firs
Slide 6: Presentation: Managing Director
Presentation Presentation Managing Director - James Kelly Lifestyle Communities— Annual General Meeting Presentation, November 2023 4
Slide 7: FY24 update
FY24 update Presentation • 10 Projects in Active Development – 2 more scheduled for launch in the second half • Pipeline of 2,500+ homes to be developed • Operating cash flow continues to grow — supported by increased homes under management and DMF • Time on market for resales decreasing. Average an
Slide 8: Lifestyle's positioning
Lifestyle’s positioning Presentation Yarrawonga Shepparton • Continuing to pursue Melbourne’s key growth corridors plus select regional destinations North • Demand underpinned by the ageing population and increased immigration • Cluster strategy drives referral and brand awareness Merrifield • Victo
Slide 9: Development of new communities
Development of new communities Presentation The committed development capital is recovered as home sales are settled. The capital can then be recycled into a new development. Example of unlevered Greenfield development cash flow profile Cash Projects recovery Cash draw not yet Community projects pro
Slide 10: Club Lifestyle — unique differentiator
Club Lifestyle — unique differentiator Presentation My home comes • 28 villas now completed and open for homeowners to stay • 23 caravan park sites available with a fre e b each house ! • 3 motor homes • 4 Key benefits: – unique differentiator – helps drive sales – helps drive referrals – adds real
Slide 11: Life. Unlimited.
Life. Unlimited. Presentation • Refreshed brand strategy for the emerging Gen X customers • Speaks to opportunities, possibilities and empowerment • Positions the brand for the next stage of growth https://vimeo.com/877300521?share=copy Lifestyle Communities— Annual General Meeting Presentation, Nov
Slide 12: Important notice and disclaimer
Important notice and disclaimer This Presentation contains general background information about Lifestyle Communities Limited (LIC) and its activities current at 14 November 2023 unless otherwise stated. It is information in a summary form and does not purport to be complete. It should be read in co
Slide 13: Level 5, Moray Street
Level 5, 101 Moray Street South Melbourne VIC 3205 1300 50-55-60 lifestylecommunities.com.au
Lifestyle Communities — Shareholder Meeting (November 2023) on 6ix