Gpt Group · ASX:GPT
Gpt — The GPT Group — Shareholder Meeting (May 2023)
26 slides from Gpt's shareholder meeting presentation, May 10, 2023
Slide 1: The GPT Group 2023 Annual General Meeting
10 May 2023 The GPT Group 2023 Annual General Meeting The GPT Group (‘GPT’) provides the following documents in respect of the 2023 Annual General Meeting (‘AGM’) being held today at the Swissotel at 10.00am (Sydney time): 1. Chairman’s Address 2. CEO and Managing Director’s Speech 3. Presentation s
Slide 2: Chairman's and CEO and Managing Director's Addresses
Chairman’s For personal use only and CEO and Managing Director’s Addresses for The GPT Group 2023 Annual General Meeting (including presentation) 10 May 2023 Level 51, 25 Martin Place, Sydney NSW 2000 www.gpt.com.au
Slide 3: Chairman's Address
Chairman’s Address Good morning ladies and gentlemen. My name is Vickki McFadden and I am the Chairman of The GPT Group and on behalf of my fellow directors, I welcome you to our 2023 Annual General Meeting. Before we commence I acknowledge the traditional custodians of this land on which we are mee
Slide 4: Chairman's Address: Capital management and ESG
Given the macro-economic uncertainties, the Board and management continued to exercise a prudent approach to capital management during the year. Gearing at year end was 28.5 per cent, well within our target range of 25 to 35 per cent. Our debt maturity profile has been conservatively managed with a
Slide 5: Chairman's Address: Board and CEO succession
Michelle Somerville is retiring from the Board at the conclusion of today’s AGM. Michelle has been a Director of GPT since 2015 and has made a significant contribution to the Board and in particular as the Chairman of the Audit Committee during her tenure. We would like to thank Michelle for her val
Slide 6: CEO and Managing Director's Address
CEO and Managing Director’s Address Thank you Chairman and good morning everyone. I would also like to acknowledge the Gadigal People of the Eora nation, and pay my respect to elders, past, present, and emerging. GPT’s inaugural reconciliation action plan was launched in 2015 and we are now on our t
Slide 7: CEO Address: Retail and Office
Retail leasing activity remains strong, resulting in 215 lease deals being achieved during first quarter of this year. Specialty leasing spreads for the quarter are up 4.0 per cent, and new deals have rental increases which average 4.7 per cent per annum and an average term of 4.9 years. The perform
Slide 8: CEO Address: Logistics and community
Our Logistics development pipeline will continue to provide high quality product for both GPT, and our partnership with QuadReal. Two new developments have been completed year-to-date and an additional three projects are currently underway. The GPT QuadReal Logistics Trust has so far committed $1 bi
Slide 9: The GPT Group Annual General Meeting May 2023
The GPT Group Annual General Meeting 10 May 2023
Slide 10: AGM 2023
For personal use only AGM 2023
Slide 11: AGM 2023
For personal use only AGM 2023
Slide 12: The GPT Group Board of Directors
The GPT Group Board of Directors ee ey vs onal use only 7) Vickki Bob Anne Shane Tracey Mark Michelle Robert s McFadden Johnston Brennan Gannon Horton AO Menhinnitt Somerville Whitfield AM Chairman Chief Executive Non-Executive Non-Executive Non-Executive Non-Executive Non-Executive Non-Executive Of
Slide 13: For personal use only
For personal use only » » » » » – –
Slide 14: Leadership in ESG
2 c je) co) Yn =) Leadership in ESG » Ranked #1 real estate company in S&P Global Corporate Sustainability Assessment » Rated 5-Star Green Star by GRESB » On track to achieve Carbon Neutral certifications for all assets that GPT operationally controls and has an ownership interest in by the end of 2
Slide 15: Board Renewal
Board Renewal = S je) ® 12) =) © S je) v @ Shane Michelle ©_ Gannon Somerville ro Non-Executive Director Non-Executive Director je) LL ‘THE GPT GROUP | 2023 ANNUAL GENERAL MEETING 7
Slide 16: AGM 2023
For personal use only AGM 2023
Slide 17: Executing on strategic priorities
For personal use only Executing on strategic priorities Optimise the portfolio © Funds Management growth GPT Portfolio! Logistics $4.5b Retail $5.6b Wholesale Funds $13.1b Office $6.0b ga Exceed customer expectations @ Leadership in ESG Funds under management Mandates $5.5b $52.45 Assets under manag
Slide 18: Retail portfolio performing strongly
Retail portfolio performing strongly $15.0b 4.5% Assets under management Comparable income growth at 31 December 2022 at 31 December 2022 99.4% 16.5% Occupancy Total Centre sales growth at 31 March 2023 March 2023 Quarter For personal use only
Slide 19: For personal use only
For personal use only Total Centre Total Specialty 26.1% 26.8% 16.5% 15.4% 14.1% 11.4% 10.1% 8.5% Jan Feb Mar 1Q23
Slide 20: Office market remains challenging
Office market remains challenging $14.7 3.4% Assets under management Comparable income growth at 31 December 2022 at 31 December 2022 88.0% 4. 7years Occupancy WALE (by income) at 31 March 2023 at 31 March 2023 For personal use only ‘One One One Eagle Stre ‘THE GPT GROUP| 2023 ANNUAL GENERAL MEETI
Slide 21: Innovative workplace products supporting focused leasing strategy
Innovative workplace products supporting focused leasing strategy >» Vacancy rates remain elevated with occupier demand favouring prime office space » Our differentiated workplace products are designed to fulfil the changing needs of our customers - Offer speed to market, reduced downtime and rental
Slide 22: Logistics portfolio continuing to deliver strong results
For personal use only Logistics portfolio continuing to deliver strong results $4.7b 3.0% Assets under management Comparable income growth at 31 December 2022 at 31 December 2022 99.5% 5 .Qyears Occupancy WALE (by income) at 31 March 2023 at 31 March 2023
Slide 23: Occupier demand and low vacancy driving market rental growth in logistics
Occupier demand and low vacancy driving market rental growth in logistics >> Demand driven by occupiers investing in the supply chain and a growing retail C - sector, underpinned by population growth [e) ® » 25% of portfolio to capture market rent growth in next 3 years » Two new developments have b
Slide 24: Engaged employees giving back to communities
For personal use only Engaged employees giving back to communities — ” ees 7 vrae a = GPT EMPLOYEES VOLUNTEERING WITH MISSION AUSTRALIA AND THEIR TENANTS, WESTERN SYDNEY GPT’S RESTORING COUNTRY FOR CLIMATE PROJECT, NOOSA WORAWA’S 2022 PRESENTATION NIGHT IN BULMAN, NT TOUR DE PIF PCA PRIDE IN PROPERT
Slide 25: For personal use only
For personal use only » » » » » » - -
Slide 26: Disclaimer
Disclaimer This Presentation (Presentation) has been prepared by The GPT Group comprising GPT RE Limited (ACN 107 426 504; AFSL 286511), as responsible entity of the General Property Trust, and GPT Management Holdings Limited (ACN 113 510 188) (together, GPT). > The information provided in this Pres