Lifestyle Communities Ltd · ASX:LIC
Lifestyle Communities — WHTM Rapid Insights Morgan Stanley Conference Aged Care Forum 2015
15 slides from Lifestyle Communities's conference presentation, Jun 2, 2015
Slide 1: WHTM Rapid Insights Morgan Stanley Conference Aged Care Forum
For personal use only WHTM Rapid Insights Morgan Stanley Conference Aged Care Forum 2 June 2015 3 June 2015 Lifestyle Communities Limited
Slide 2: Lifestyle Communities Overview
LIFESTYLE COMMUNITIES OVERVIEW For personal use only • Founded in 2003 and listed in 2007 • Develop and manage land lease communities which generate long-term sustainable revenue streams • Business focus on greenfield development not brownfield regeneration • Anticipate having 1,144(1) homes under m
Slide 3: Focus Remains in Victoria
FOCUS REMAINS IN VICTORIA For personal use only Community Homes Settled Melton 228 100% Tarneit 136 100% Warragul 182 99% Cranbourne 217 99% Shepparton Shepparton 221 44% Victoria provides: Chelsea Heights 186 86% • Favourable planning legislation Hastings 141 89% Wollert 154 1% • Better access to z
Slide 4: Victorian Population Growth
VICTORIAN POPULATION GROWTH As at 30 June 2013 there were over 574,000 Victorians aged over 70 and over 906,000 aged between 55 and 69 For personal use only War Generation 85+ (114k) Baby Boomer Generation 80-84 (116k) 75-79 (151k) Average age 70-74 (194k) of Lifestyle Communities’ 65-69 (264k) home
Slide 5: Business Model
BUSINESS MODEL Lifestyle Communities has a unique low risk sustainable business model that does not require further equity from the market For personal use only Development Business Community Management Business Cash break even after allocation Dividend flow te r as of costs to management business l
Slide 6: Mitigation of Risk
MITIGATION OF RISK The company ensures diligent risk management For personal use only at each stage of the development cycle Community Financial Site Selection Community Roll Out Sales Management • Strong balance • Long-term • Level of pre-sales • Control customer • Rigorous staff sheet experience i
Slide 7: Annuity Streams
ANNUITY STREAMS Over Nine Years of Growing Annuity Income Streams For personal use only Annuity Income • 98(1) annuities added to the $6,000,000 –– community management business $5,000,000 –– during 1HFY2015 with a further 140(1) anticipated in 2HFY2015 $4,000,000 –– $3,000,000 –– • 17 existing home
Slide 8: The Generations
THE GENERATIONS Future growth being driven by the baby boomer generation For personal use only War Generation Baby Boomer Generation (1925-1945) (1946-1964) • Happy to give up control • Want to maintain control • Happy to not own their own • Home ownership is home important • Looking for more care •
Slide 9: The Emerging Market Gap
THE EMERGING MARKET GAP The two key emerging trends come together to create the Lifestyle business model For personal use only Affordability Baby boomer • Opportunity to create a • Wants to maintain more affordable model control • Rents sustainable for • Wants to own their home pensioners • Ability
Slide 10: Marketing
MARKETING Lifestyle Communities’ marketing appealing to the baby boomer For personal use only DIRECTION 2: PRESS CAMPAIGN DIRECTION 3: PRESS CAMPAIGN Digital marketing is driving future growth with 50% of leads from our website Lifestyle Communities Limited Downsize to a Bigger Life 10
Slide 11: Community at Hastings
COMMUNITY AT HASTINGS Our product keeps evolving to meet the emerging baby boomer For personal use only Lifestyle Communities Limited Downsize to a Bigger Life 11
Slide 12: FY 2015 Settlements
FY 2015 SETTLEMENTS For personal use only New home Resale Community settlements settlements • 238(1) new home settlements either settled or Melton - 14 confirmed to settle in FY2015. This number is not expected to materially change by 30 June Tarneit 1 5 2015. This represents a slight increase on pr
Slide 13: Outlook
OUTLOOK For personal use only Home sites under management (1) 1200 –– 1100 –– 1000 –– • Forecast 238(1) homes settled FY2015, up 13% on FY2014 900 –– 800 –– • Forecast 1,144(1) occupied home sites as at 30 June 2015, up 26% on 30 June 2014 700 –– • Portfolio of 2,155(1)(2) home sites, up 21% 600 ––
Slide 14: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only • This Presentation contains general background information about Lifestyle Communities Limited (LIC) and its activities current at 2 June 2015 unless otherwise stated. It is information in a summary form and does not purport to be complete. It s
Slide 15: Lifestyle Communities Limited
For personal use only Lifestyle Communities Limited Level 2, 25 Ross Street South Melbourne VIC 3205 Ph: (03) 9682 2249 www.lifestylecommunities.com.au BERWICK WATERS - OFFICER - ROSEBUD - GEELONG - WOLLERT - HASTINGS - CHELSEA HEIGHTS - SHEPPARTON - CRANBOURNE - WARRAGUL - TARNEIT - MELTON
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