Granite Real Estate Investment Trust · TSX:GRT.UN
Granite Real Estate Investment Trust — Shareholder Meeting (June 2020)
12 slides from Granite Real Estate Investment Trust's shareholder meeting presentation, Jun 4, 2020
Slide 1: Joint Annual General Meetings of Granite REIT and Granite REIT Inc.
Joint Annual General Meetings of Granite Real Estate Investment Trust; and Granite REIT Inc. | June 4, 2020
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS • Unless otherwise indicated in this presentation, all information is presented as of December 31, 2019 and all financial information that is identified as current refers to the twelve months ending December 31, 2019. For definitions of certain non-IFRS measures used in th
Slide 3: Granite Highlights December 31, 2019
GRANITE HIGHLIGHTS DECEMBER 31, 2019 ORGANIZATIONAL PRINCIPLES PORTFOLIO OVERVIEW FINANCIAL PERFORMANCE Long-term total return focused 85 income-producing properties + 6 81% AFFO POR development properties/land Conservative and flexible capital 21% net leverage ratio 40M square feet structure GRT.UN
Slide 4: 2019 Corporate Objectives Recap
2019 CORPORATE OBJECTIVES RECAP Increase Scale in Drive Net Asset Execute on Dispose of Select Non- Enhance Platform Reduce Magna Target Markets Value, FFO & AFFO Development Core Assets and Exit Capabilities in Concentration to Per Unit Growth Projects Non-Core Markets Europe and the U.S. <50% by R
Slide 5: 2019 Major Milestones
2019 MAJOR MILESTONES Strategic Allocation of Capital ~$540M in $960.4M invested in unsecured term $525M in gross Net leverage ratio of $193.3M of modern assets in key $105.8M generated loans extended and proceeds from two 21% providing additional e-commerce and from the sale of 13 refinanced; equit
Slide 6: ESG Commitment
ESG COMMITMENT ENVIRONMENTAL SOCIAL GOVERNANCE $5.5M invested in energy-saving Community support with over $65K & 400 volunteer hours 100% independent Board measures from 2017-2019 excluding CEO contributed to charities ~8.7M SF equipped with Emotional and Family Support: Robust governance policies
Slide 7: Commitment to Green Investments
COMMITMENT TO GREEN INVESTMENTS Solar panels on BREEAM Very Good Certified Development project in Bleiswijk, the Development project in Plainfield, Indiana, Green Building in Weert, the Netherlands Netherlands expected to obtain BREEAM substantially completed with Two Green Globes Excellent Green Bu
Slide 8: GRT Historical Performance – Long Term
GRT HISTORICAL PERFORMANCE – LONG TERM Total Return vs TSX Composite & TSX Capped REIT Indices Cumulative Total Return % Annualized Total Return % COVID-19 180.0% 120.0% 160.0% 100.0% 140.0% 80.0% 120.0% 60.0% 100.0% 80.0% 40.0% 60.0% 20.0% 40.0% 0.0% 20.0% 0.0% -20.0% -20.0% -40.0% 1Yr 2Yr 3Yr 5Yr
Slide 9: GRT Historical Performance - YTD
GRT HISTORICAL PERFORMANCE - YTD Total Return vs TSX Composite & TSX Capped REIT Indices COVID-19 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% -40.0% -50.0% Granite REIT TSX Capped REIT Index TSX Composite Index Granite has consistently outperformed the TSX and Capped REIT Total Return indices June 4, 2020
Slide 10: 2020 Corporate Objectives
2020 CORPORATE OBJECTIVES Increase scale in target markets NAV/FFO/AFFO Per Unit Growth $281.6M in closed and committed Q1 2020 AFFOPU growth over prior acquisitions and development year of 18.4% projects in 2020 Maintain conservative capital Reduce Magna concentration ratios <40% by annualized reve
Slide 11: Leadership Team
LEADERSHIP TEAM Kevan Gorrie Teresa Neto • President and Chief Executive Officer • Chief Financial Officer • Over 20 years of real estate experience in Canada, • Over 30 years of varied business experience, the United States and Germany. including ∼10 years as a CFO for publicly-traded • Previously
Slide 12: Thank You
THANK YOU INVESTOR RELATIONS CONTACT Andrea Sanelli Manager, Legal & Investor Services T: 647.925.7504 E: ir@granitereit.com Children’s Charity Event in Vienna Habitat for Humanity Build Day Canadian Blood Services Group Donation June 4, 2020 12
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