Stockland · ASX:SGP
Stockland — 1Q17 Earnings Presentation
16 slides from Stockland's earnings presentation, Oct 26, 2016
Slide 1: Stockland Shellharbour, NSW
Stockland Stockland Shellharbour, NSW
Slide 2: Agenda
Agenda Topic Group Update 3 Commercial Property 5 Residential Communities i} Retirement Living 10 Sustainability 12 Summary and Outlook 13 Stockland 1Q17 Update
Slide 3: Group Update
Group Update Operating performance remains on track across all business units * Retail sales continue to grow, but at a moderating pace * L&BP and Office leasing enquiry is solid on the eastern seaboard * Record residential net deposits as we accelerate releases into a positive market * Retirement L
Slide 4: Delivering sustainable growth
Delivering sustainable growth Retail TRUST Logistics & Business Parks Office CORPORATION Residential Retirement Living 51% of SGP portfolio! 15% of SGP portfolio! 6% of SGP portfolio! 19% of SGP portfolio! 9% of SGP portfolio! Stockland Harrisdale, WA Ingleburn Distribution Centre, NSW 135 King St/G
Slide 5: Retail Sales growth
Retail Sales growth Retail Sales: * 1Q17 comparable specialty sales up 1.1%, slight moderation in growth rate, with strongest categories: * Communication technology A 10.2% * Food Catering/Fast Casual Dining A 6.2% * Retail Services A55% * Allspecialty categories recording comparable growth for the
Slide 6: Retail
Retail Retail Development: * Current developments progressing on time and in line with feasibilities * Wetherill Park (NSW) fresh food market opened and trading well * Harrisdale (WA) 97% leased on completion * Green Hills (NSW) progressing well, already 42% leased * Completed sale of Vincentia (NSW
Slide 7: Evolving customer needs
Evolving customer needs: * Demand for more servicesin centres * Entertainmentand lifestyle * Convenience * Confluence of physicaland digital retailing Retailer strategies: * Larger format specialty apparel concept stores, both domestic and international * Majors: DDS driving smaller footprints, supe
Slide 8: Logistics and Business Parks, Office
Logistics and Business Parks, Office Logistics & Business Parks: * Investment strategy delivering results * Addingvalue through repositioningand releasing * Continued leasingmomentum * Wonderland Drive (NSW) fully occupied * Erskine Park (NSW) ten year lease executed * Sydney business parks close to
Slide 9: • 2,301 • 2,116 • 1,712 1,706 • 1,652 1,642 1,557 1,581 648 1,427
• 2,301 • 2,116 • 692 1,712 1,706 • 1,652 1,642 1,557 1,581 648 1,427 251 238 309 405 190 280 • 96 317 245 348 • 432 343 317 209 291 502 649 429 599 • 462 478 403 486 519 425 • 684 652 624 680 528 572 524 463 404 • 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17
Slide 10: Retirement Living
_ ———_, Retirement Living * Strong development net reservations driven by pre- sales of 30 units at Cardinal Freeman The Residences (Sydney) Stage Two, with settlement in late FYI7, achieving good price growth above Stage One * Established net reservations constrained by lower unit turnover in Qld a
Slide 11: "Retire Your Way" our unique selling proposition
“Retire Your Way” our unique selling proposition “Living in retirement village means you have more time to share and expand your interests and skills in a community of like minded people.” * Aconnected community * Professional village staff * 8.5 average resident satisfaction rating WY Stockland 1Q1
Slide 12: Leader in Sustainability, #1 Globally
Leader in Sustainability, #1 Globally * Global Real Estate Sector Leader for the second consecutive year in the Dow Jones Sustainability Index * Regional and Global Sector Leader for the Office/Retail category in the Global Real Estate Sector Benchmark survey * Recognised as an Employer of Choice fo
Slide 13: Positioned for sustainable long term growth and value creation
giz —— —— Positioned for sustainable long term growth and value creation * Distribution per security targeted at 25.5¢ in FYI7 SIRATEGIC Focus assuming no material change in market conditions * Remain on track to achieve FFO per security growth of 5 - 7% in FYI7, with a profit skew to 2H17, assuming
Slide 14: Stockland Cardinal Freeman The Residences, NSW
Stockland Cardinal Freeman The Residences, NSW
Slide 15: FY17 Calendar snapshot: Indicative investor event details
FY17 Calendar snapshot: Indicative investor event details! Upcoming Announcements Location Date 1Q17 Stockland Update Annual General Meeting Stockland Investor Day 1HI7 Results FY17 Results Sydney Sydney Melbourne Sydney Sydney Wednesday 26 October, 2016 Wednesday 26 October, 2016 Thursday 8 Decembe
Slide 16: Important Notice
Stockland Corporation Limited ACN 000 181733 Stockland Trust Management Limited 01.900 741; AFSL 24 As responsible entity for Stockland Trust ARSN 092 897 348 agh Street O Important Notice rd looking sta and involve know our control, and which may ined in the release. tements. These fo and unknown i