Pt Intiland Development Tbk · IDX:DILD
Pt Intiland Development Tbk — Investor Presentation (September 2024)
51 slides from Pt Intiland Development Tbk's investor presentation, Sep 30, 2024
Slide 1: Corporate Presentation 30 September 2024
Corporate Presentation 30 September 2024 PT Intiland Development Tbk Intiland. Developing Your World. Intiland Tower Jakarta
Slide 2: Table Of Contents / Disclaimer
Table Of Contents Section 1 Company Overview 3 Section 2 Strategy 9 Section 3 Key Investment Highlights 14 Section 4 Key Financials 36 Section 5 Appendix 40 Disclaimer We caution readers that all statements other than statements of historical fact included in this document, including without limitat
Slide 3: Session 1 Company Overview
Session 1 Company Overview SQ Res
Slide 4: PT Intiland Development Tbk ("Intiland")
PT Intiland Development Tbk ( “ Intiland ” ) Since 1983, Intiland has established a long and successful track record over 61 projects, as a trend-setter and innovator with high quality award- winning projects in Jakarta and Surabaya Almost 4 decades of • First established in 1983 under the name of P
Slide 5: Key Corporate Milestone
Key Corporate Milestone 2016 2018 2021 1974 2014 Launched new Soft launched Launched Tierra SOHO Founder Hendro S. 2007 Started the project, The SQ Res apartments, as part of the Tierra Gondokusumo Corporate 2011 construction of Rosebay, Surabaya restructuring; a second-stage Superblock, Surabaya st
Slide 6: Corporate Structure
Corporate Structure CGS-CIMB Securities PT CGS-CIMB Sekuritas PT Bina Yatra Bali Private Villa (s) Public (Singapore) Pte Ltd Indonesia Sentosa Pte, Ltd 14.96% 16.97% 11.97% 7.49% 48.61% Total Issued Shares : 10,365,854,185 shares Market Capitalization as of Sept 30, 2024(6) : Rp 2.1 tn (~USD 142 mn
Slide 7: Core Portfolio
Core Portfolio The Company develops various products classified into mixed use & high rise, landed residential, industrial estates and investment properties. Some of the existing and future projects are as follows: Mixed Use & Landed Industrial Investment High Rise Residential Estates Properties • S
Slide 8: Selected Awards and Achievements
Selected Awards and Achievements 2024 PT Intiland Development Tbk Poins PT Intiland Development Tbk Nawacita Awards 2024 DTKJ Awards 2024 InvestorTrust.id The Advancement of Silver Winner 2021 Category of Commercial Best Sharia Awards 2024 Infrastructure & Industry Areas or Buildings Providing the B
Slide 9: Session 2 Strategy
Session 2 Strategy Praxis
Slide 10: Growth Strategy
Growth Strategy • Focus on developing existing projects in Jakarta and Surabaya Organic Growth • Maximize the value of existing asset portfolio (e.g. mixed use & high rise) • Continue the land acquisition surrounding existing projects • Strategic acquisition to support our vision and mission Acquisi
Slide 11: Strategic partnership case study: GIC
Strategic partnership case study: GIC Our JVs with GIC present a good example of what we seek in a strategic partner and how we employ such partnerships as a way to mitigate development risk and proactively strengthen our balance sheet JV overview Strategic benefits Capital management November 2016
Slide 12: Commitment to ESG Sustainability
Commitment to ESG Sustainability Proving our commitment to maintain exceptional quality while continuously progressing towards sustainability, we launched Intiland Sustainable Guidelines (ISG), a working document and will be regularly updated to meet the ever-changing world. This guideline is to ass
Slide 13: Key ESG Sustainability Achievements 2023
Key ESG Sustainability Achievements 2023 Intiland maintained energy Organic waste reduced by EV charging stations installed South Quarter office complex intensity below 200 kWh/m² 300 tonnes across all in South Quarter, Intiland achieved a Gold Rating for across two office and four properties throug
Slide 14: Session 3 Key Investment Highlights
Session 3 Key Investment Highlights Regatta
Slide 15: Key Investment Highlights
Key Investment Highlights Established track record in successfully developing and launching premium flagship projects High upside potential on 1 Diversified portfolio in strategic locations which investment return with stands to benefit from RNAV per share of Rp 1,525* 6 2 ongoing/recent infrastruct
Slide 16: Established track record in launching premium flagship projects
Established track record in successfully developing and launching premium flagship projects Over the past 40 years, we have developed/launched various award-winning premium projects which have become benchmarks in their respective markets Mixed Use & High Rise Mixed Use & High Rise Landed Residentia
Slide 17: Diversified portfolio in strategic locations
Diversified portfolio in strategic locations which stands to benefit from ongoing/recent infrastructure developments Our diversified portfolio is well-positioned to capture demand across different product types and locations Marketing Sales by product type by location 17% 25% 22% 9M23: 9M23: Rp 570b
Slide 18: Industrial Estate – Ngoro Industrial Park
Industrial Estate – Ngoro Industrial Park Our industrial estate in Ngoro allows locators to access East Java and is located in close proximity to key transport hubs (sea port and airport), with toll road and main road access Ngoro Industrial Park is a modern industrial estate complete with infrastru
Slide 19: Industrial Estate – Batang Industrial Park
Industrial Estate – Batang Industrial Park Our new industrial estate in Batang is well connected to West and East Java through Trans-Java toll and is a future key industrial hub of Central Java Batang Industrial Park is strategically located at Batang Region, Central Java Province, right at the cent
Slide 20: High-rise developments – Mixed-use/Integrated
High-rise developments – Mixed-use/Integrated Our flagship high-rise mixed-use/integrated projects have seen strong take-up rates across various components (residential, office, retail) Our high rise developments are high density projects, located in prime urban locations typically located on plots
Slide 21: High-rise developments – Residential
High-rise developments – Residential Our current pipeline and high-rise residential projects are located in strategic areas with strong infrastructure connectivity and/or within established areas. It will offer a wider range of unit sizes to provide more affordability High quality projects in strate
Slide 22: Landed residential
Landed residential Our portfolio of well-located, high quality landed residential projects allows us to broaden our customer reach and further diversifies our revenue base Ongoing Development Serenia Hills, South Jakarta Graha Natura, West Surabaya • Premium estate located on 26ha, • Sprawling over
Slide 23: Well-located portfolio within Central and Greater Jakarta
Well-located portfolio within Central and Greater Jakarta... Most of our ongoing/near term projects in Jakarta are located within 5-10km radius from CBD in well-established areas and supported by infrastructure developments 5km radius dari Simpang Susun Tanjung Priok Port Semanggi, CBD International
Slide 24: …poised to benefit from infrastructure developments
…poised to benefit from infrastructure developments Our portfolio stands to benefit from ongoing development of transit infrastructure (LRT/MRT) within Jakarta, which is expected to translate into stronger take-up/occupancy rates as well as higher average selling prices /rental rates MRT Route Jakar
Slide 25: …poised to benefit from infrastructure developments
…poised to benefit from infrastructure developments 25
Slide 26: #LivingConnected Jakarta
#LivingConnected Jakarta 57 Promenade, CBD Jakarta Intiland Tower Jakarta, CBD Jakarta 1Park Avenue, Gandaria South Quarter, TB Simatupang South Grove, Lebak Bulus Serenia Hills, Lebak Bulus Poins, Lebak Bulus Pinang Residence, Pondok Pinang Talaga Bestari, Tangerang 26
Slide 27: Well-located portfolio in Central and West Surabaya
Well-located portfolio in Central and West Surabaya Our presence in Surabaya started with the Graha Famili project, which has become a market benchmark for high-end residential development, and extended into landed residential, mixed-use & high-rise projects, industrial estates as well as investment
Slide 28: Large land bank to sustain medium to long term development
Large land bank to sustain medium to long term development Large land bank of c. 2,181.3 ha (as of Sept 30, 2024) is sufficient to sustain ongoing developments for the next 20 years Land Surabaya & Land Undeveloped Land bank Undeveloped Land bank area (ha) Greater area (ha) Surabaya area Maja, Bante
Slide 29: Selling of Non-Core Assets
Selling of Non-Core Assets • Non-core assets are the assets that have not been planned to be developed in the next 5 years. Non-Core Assets • In line with the deleveraging strategy, the Company is focusing on selling the non-core assets to enhance the liquidity and profitability of the Company. • 9%
Slide 30: Strong pipeline of high quality developments
Strong pipeline of high quality developments Historical marketing sales (2018-9M24) in Rp billion 2,284 505 1,558 1,642 6 569 329 784 1,082 1,096 937 951 283 284 71 922 338 1,210 638 639 674 768 451 390 228 159 162 138 2018 2019 2020 2021 2022 2023 9M24 High Rise Landed Residential Industrial Estate
Slide 31: Growing recurring income base
Growing recurring income base… Recurring Revenue (in Rp billion) % of total revenue Rp'bn 23.4% 22.8% 20.4% 22.9% 19.7% 32.5% 900 771 721 750 659 99 623 101 644 590 600 89 76 78 78 229 227 450 217 239 183 211 300 394 424 330 330 353 150 300 0 2019 2020 2021 2022 2023 9M24 Facilities* Offices Industr
Slide 32: …underpinned by robust rental income streams
…underpinned by robust rental income streams… • South Quarter is premised on the concept of sustainability and is one of the largest integrated mixed use developments in TB Simatupang corridor in South Jakarta, a popular business hub where many MNCs across multiple industries are located • The site’
Slide 33: …and a visible additional project pipeline
…and a visible additional project pipeline Upcoming projects contributing to future additional recurring income stream CBD Jakarta CBD Surabaya West Surabaya South Jakarta Phase 2 Phase 1 57 Promenade 57 Promenade Projects Praxis Spazio Tower Poins Phase I Phase II • Office SGA: 48,509 sq.m. • Offic
Slide 34: Strong corporate governance & highly experienced management team
Strong corporate governance & highly experienced management team Intiland is led by a highly experienced management team and board of commissioners Board of Commissioners Sinarto Dr. Sofyan A. Djalil, Thio Gwan Jahya Ping Handayani Friso Dharmawan SH., MA. Po Micky Asikin Hanli Palilingan Vice Presi
Slide 35: High upside potential on investment return
High upside potential on investment return …with RNAV per share of Rp 1,525 Category Jakarta (Rp/mn) Surabaya (Rp/mn) Total (Rp/mn) Inventory 1,865,117 2,049,274 3,914,391 Investment on Property 1,966,674 577,895 2,544,570 Investment on Share 1,203,333 0 1,203,333 Land For Development 669,694 1,908,
Slide 36: Session 4 Key Financial
Session 4 Key Financial Graha Natura
Slide 37: Financial Performance
Financial Performance Revenue EBITDA in Rp billion in Rp billion 1,392 3,907 3,149 1,085 2,736 2,891 2,629 897 718 784 1,980 460 2019 2020 2021 2022 2023 9M24 2019 2020 2021 2022 2023 9M24 1) Net Profit Marketing Sales in Rp billion in Rp billion 285 1,558 1,642 251 1,082 1,096 174 937 951 77 12 201
Slide 38: Segments Contribution
Segments Contribution Revenue Gross Profit Margin in Rp billion % of Revenue 3,354 52% 38% 40% 1,980 36% 1,869 32% 28% 25% 21% 741 552 644 562 542 243 183 Mixed use & Houses and Industrial Investment Total Mixed use & Houses and Industrial Investment high rise land Estate Properties high rise land E
Slide 39: Financial Highlights
Financial Highlights 9M24 9M23 2023 2022 2021 2020 2019 in Rp billion YoY Growth in Rp billion Inhouse Inhouse Audited Audited Audited Audited Audited Revenue 1,980 3,354 -41% Revenue 3,907 3,149 2,629 2,891 2,736 Gross Profit 621 1,420 -56% Gross Profit 1,586 1,275 1,028 1,181 1,132 EBITDA 460 1,26
Slide 40: Session 5 Appendix
Session 5 Appendix The Rosebay
Slide 41: Development Income - Mixed Use & High Rise
Development Income - Mixed Use & High Rise CBD Jakarta South Jakarta North Jakarta CBD Surabaya 57 Promenade 1Park Avenue Regatta Praxis Launched: 2017 Launched: 2012 (Tower 1,2,3) Launched: 2014 Launched: 2013 Total Area: 3.0 ha 2015 (Tower 4) (Tower London & New York) Total Area: 1.1 ha (Phase 1 -
Slide 42: Development Income - Mixed Use & High Rise
Development Income - Mixed Use & High Rise South Jakarta West Surabaya West Surabaya West Surabaya SQ Res Rosebay Spazio Tower Graha Golf Launched: 2018 Launched: 2016 Launched: 2014 Launched: 2015 Total Area : 1.3 ha Total Area: +/- 1ha Total Area: 0.5 ha Total Area: 2.4 ha Infrastructure: MRT, Tol
Slide 43: Development Income – Mixed Use & High Rise and Landed Residential
Development Income – Mixed Use & High Rise and Landed Residential West Surabaya CBD Surabaya West Surabaya Tierra Sumatra 36 Graha Natura Launched: 2021 Launched: 2011 Built on an 80 Ha area in West Surabaya, Graha Total Area : 7.5 ha Type: High Rise Natura works closely with the developers of Owner
Slide 44: Development Income - Landed Residential
Development Income - Landed Residential South Jakarta South Jakarta North Jakarta West Surabaya Serenia Hills South Grove Brezza Magnolia Serenia Hills is a luxury 24-hectare South Grove is a peaceful green Brezza’s presence presents sports Magnolia Residence brings modern gated community in Lebak B
Slide 45: Development Income – Landed Residential
Development Income – Landed Residential Tangerang East Surabaya West Jakarta Masterplan Talaga Bestari Amesta Living Virya Semanan Launched: 1995 Amesta Living provides a variety of Located in Taman Semanan Indah, Infrastructure: Future Toll Road, Future MRT property needs, ranging from Virya Semana
Slide 46: Development Income - Mixed Use & High-Rise
Development Income - Mixed Use & High-Rise Tangerang Aeropolis Projects Launched Year Launched Year Completed Total (Unit) Total (Sqm) Sold (Sqm) Aeropolis Residence 1 2011 2014 1,154 24,889 23,255 Aeropolis Residence 2 2012 2017 1,047 20,248 19,959 2018 (T1) Aeropolis Residence 3 (Tower 1, 3, 5) 20
Slide 47: Development Income - Industrial Estate
Development Income - Industrial Estate Mojokerto, East Java Batang, Central Java Ngoro Industrial Park Batang Industrial Park Total Development: 500 ha Tenancy Development plan: 500 ha Launched: 1991 (1st phase) Unicharm, Mitsui-Soko, Hitachi, HB Fuller, 1st phase development: 287 ha 2010 (2nd phase
Slide 48: Recurring Income
Recurring Income South Jakarta CBD Jakarta CBD Surabaya West Surabaya South Quarter Intiland Tower Jakarta Intiland Tower Surabaya Spazio Launched: 2012 Ownership: 100% Total area: 0.5 ha Launched: 2010 Infrastructure: MRT, Toll Road Total area: 0.8 ha Ownership: 100% Total area: 0.8 ha Ownership: 5
Slide 49: Recurring Income Pipeline Projects
Recurring Income Pipeline Projects Major Cities in Indonesia West Jakarta Intiwhiz Hotel Chain West One City The Company, through its subsidiary Ownership: 40% PT Intiwhiz International, has embarked Total area: 21 ha on hospitality business by opening Location: Daan Mogot, medium-class hotels suite
Slide 50: THANK YOU
| | THANK YOU
Slide 51: Contact Us
Contact Us Nathan Tanugraha nathan.tanugraha@intiland.com Investor Relations PT Intiland Development Tbk Intiland Tower, Penthouse Floor Jl. Jend. Sudirman 32 Jakarta 10220 Indonesia Tel : +62 21 5701912 Fax: +62 21 5700015 www.intiland.com
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