Centuria Capital Group · ASX:CNI
Centuria Capital — Investor Day (November 2019)
31 slides from Centuria Capital's investor day presentation, Nov 13, 2019
Slide 1: Centuria Capital Group Sydney Investor Day
Centuria Capital Group (CNI) Sydney Investor Day For personal use only Wednesday, 13 November 2019 Centuria Capital Group (ASX: CNI or Centuria) provides a presentation that will be used as part of an investor day held in Sydney for institutional investors and brokers today. – Ends – For more inform
Slide 2: Centuria Capital Group Sydney Investor Day
For personal use only Centuria Capital Group Sydney Investor Day A S X:CNI 13 November 2019 CENTURIA CAPITAL GROUP ASX:CNI 1 Centuria Unlisted: 13 Garden Street, Eveleigh NSW
Slide 3: Agenda
Sydney CBD North Sydney Agenda For personal use only 12:00pm Welcome 201-203 Pacific Highway / St Leonards Station 12:30pm Guest speaker | Andrew Ballantyne Head of JLL Research – Australia 1:30pm Australian Technology Park (ATP) Royal North Shore Hospital 3:00pm North Shore 5:30pm Conclusion CMA: 1
Slide 4: Centuria Capital funds management platform
CENTURIA PLATFORM Centuria Capital funds management platform For personal use only $6.7bn ASX:CNI Group AUM1 Market Capitalisation $921m2 $5.8bn $0.9bn $0.5bn Real Estate AUM Investment Bonds AUM CNI Co-Investments $3.1bn $2.7bn Centuria Life Listed Property AUM Unlisted Property AUM Centuria Centur
Slide 5: A $5.8 billion real estate platform aligned to compelling sectors
CENTURIA PLATFORM A $5.8 billion 1 real estate platform aligned to compelling sectors For personal use only Centuria Unlisted ASX:CMA Centuria Heathley ASX:CIP $2.0bn AUM $1.8bn AUM $0.7bn AUM $1.3bn AUM ▪ Fixed term unlisted funds, CDPF ▪ Australia’s largest pure play ▪ Specialist healthcare real e
Slide 6: Centuria's integrated property platform leverages deep real estate skills
CENTURIA REAL ESTATE DIVISION Centuria’s integrated property platform leverages deep real estate skills and experience across the group For personal use only Capital Funds Asset/Property Facilities Property Origination Sources Management Management Management value add Asset Identification Unlisted
Slide 7: Unlisted real estate funds continue to generate robust demand
REAL ESTATE DIVISION: CENTURIA UNLISTED REAL ESTATE Unlisted real estate funds continue to generate robust demand For personal use only ATTRACTIVE INITIAL YIELD SPREAD IN DECREASING TERM DEPOSIT AND RATE CLIMATE1 10.00% 8.00% 6.25%2 250bps 6.00% 4.00% 475bps 2.00% Centuria Unlisted Fund Initial Yiel
Slide 8: Healthcare real estate will benefit from long-term growth drivers
REAL ESTATE DIVISION: CENTURIA HEATHLEY Healthcare real estate will benefit from the long-term growth drivers underpinning the healthcare sector For personal use only Australian healthcare demand Core drivers Implications for property investors Ageing population Low levels of institutional ownership
Slide 9: Summary & Outlook: Australian real estate
SUMMARY & OUTLOOK Australian real estate For personal use only • Strong population growth. Strategic geographic location to service APAC region Australia • Transparent government, independent central bank • Clear land title system, freehold title Capital continues to align to quality fund managers c
Slide 10: Section Two: Case Studies
Sydney CBD UTS Central Station For personal use only Sydney University Redfern SECTION TW O Station Australian CSIRO/Data61 Technology Park Case Studies 8 Central Biomedical A S X:CNI Avenue Waterloo Metro Station CENTURIA CAPITAL GROUP ASX:CNI 9
Slide 11: Australian Technology Park (ATP), Central Avenue, Eveleigh NSW
AUSTRALIAN TECHNOLOGY PARK (ATP) 8 Central Avenue, Eveleigh NSW Location For personal use only • Located within the ‘South Eveleigh Precinct’, 4km south of the Sydney CBD • Situated 900 metres from Redfern station, Sydney's 6th busiest train station with over 30,000 entries and exits per day • Featu
Slide 12: Case Study: Australian Technology Park (ATP) Fund
CENTURIA UNLISTED CASE STUDY: AUSTRALIAN TECHNOLOGY PARK (ATP) FUND Active asset management in a gentrifying near city precinct • Three assets situated in the ATP precinct For personal use only Top five tenants by fund NLA • Adjacent to Redfern train station, two stops from the Sydney CBD • Active l
Slide 13: Section Three: Case Studies
Sydney For personal use only CBD Chatswood Train/metro station 465 Victoria Pacific Chatswood Chase Avenue Highway Shopping Centre SECTION THREE Chatswood 9 Help Westfield Street North Shore The Zenith Case Studies A S X:CNI M2 Motorway CENTURIA CAPITAL GROUP ASX:CNI 12
Slide 14: Case Study: Waterloo Road & Byfield Street, Macquarie Park
CENTURIA UNLISTED CASE STUDY: 80 WATERLOO ROAD & 16 BYFIELD STREET, MACQUARIE PARK, NSW Value add investment For personal use only • Combined purchase price $25.3 million ▪ Funds were subsequently stapled in June 2007 • Centuria executed significant rezoning in late 2015 • Redevelopment scheme & dev
Slide 15: Case Study: Centuria Zenith Fund
MAJOR LEASING SUCCESS CENTURIA UNLISTED CASE STUDY: CENTURIA ZENITH FUND Completed over 40,700sqm, 56 deals Leasing success and active asset since acquisition management creates significant value Major renewal: For personal use only 19,857sqm to various state government • A Grade asset acquired in J
Slide 16: CMA: Australia's largest pure play office REIT
CMA: AUSTRALIA’S LARGEST PURE PLAY OFFICE REIT Creating an established pure play office REIT 465 Victoria Avenue, Chatswood, NSW 9 Help Street, Chatswood, NSW For personal use only Asset summary Location Asset summary Location Property type Office The property is prominently located in the northern
Slide 17: CMA: Australia's largest pure play office REIT
CMA: AUSTRALIA’S LARGEST PURE PLAY OFFICE REIT Creating an established pure play office REIT 201 Pacific Highway, Chatswood, NSW 203 Pacific Highway, Chatswood, NSW For personal use only Asset summary Location Asset summary Location Property type Office The property is located in the heart of the St
Slide 18: Section Four: Appendix
For personal use only SECTION FOUR Appendix A S X:CNI CENTURIA CAPITAL GROUP ASX:CNI 17 CMA: 465 Victoria Avenue, Ave, Chatswood Chatswood NSWNSW
Slide 19: Australia continues to demonstrate strong population growth
APPENDIX Australia continues to demonstrate strong population growth Historic population growth (% as at March 2019) Projected average population growth (2020-2024) For personal use only 3.00% 2.50% 2.50% 2.00% 2.00% 1.50% 1.50% 1.00% 1.00% 0.50% 0.50% 0.00% 0.00% -0.50% -0.50% -1.00% -1.00% NSW VIC
Slide 20: Factors transforming commercial markets
APPENDIX Factors transforming commercial markets For personal use only Connectivity with Reduced commute time key infrastructure & proximity to evolving communities Access to urban Quality of existing real estate & recreational amenity & supply possibilities Workforce & Planning & strategic industry
Slide 21: Significant infrastructure commitments are connecting strategic commercial centres
APPENDIX Significant infrastructure commitments are connecting strategic commercial centres For personal use only Source: Infrastructure NSW | State Infrastructure Strategy 2018-2038 CENTURIA CAPITAL GROUP ASX:CNI 20
Slide 22: Significant infrastructure commitments are connecting strategic commercial centres
APPENDIX Significant infrastructure commitments are connecting strategic commercial centres For personal use only ~$5bn No boost to timetable Sydney economy Train every 31 metro 4 minutes stations by in peak 2024 hour Functional Increased retain & commute community efficiency spaces Source: Transpor
Slide 23: Australian Technology Park (ATP) - A transforming near city precinct
APPENDIX Australian Technology Park (ATP)- A transforming near city precinct For personal use only Source: UrbanGrowth NSW Concept Plan CENTURIA CAPITAL GROUP ASX:CNI 22
Slide 24: Australian Technology Park (ATP) - A transforming near city precinct
APPENDIX Australian Technology Park (ATP)- A transforming near city precinct For personal use only Source: UrbanGrowth NSW Concept Plan CENTURIA CAPITAL GROUP ASX:CNI 23
Slide 25: Australian Technology Park (ATP) - A transforming near city precinct
APPENDIX Australian Technology Park (ATP)- A transforming near city precinct For personal use only Source: UrbanGrowth NSW Concept Plan CENTURIA CAPITAL GROUP ASX:CNI 24
Slide 26: Notes
APPENDIX Notes For personal use only CENTURIA CAPITAL GROUP ASX:CNI 25
Slide 27: Notes
APPENDIX Notes For personal use only CENTURIA CAPITAL GROUP ASX:CNI 26
Slide 28: Notes
APPENDIX Notes For personal use only CENTURIA CAPITAL GROUP ASX:CNI 27
Slide 29: Definitions
Definitions For personal use only Operating Segments: Group has five reportable Non-operating segments: Non-operating items CNI, CCG or the Group: Centuria Capital Group operating segments. These reportable operating comprises transaction costs, mark-to-market comprises of Centuria Capital Limited A
Slide 30: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Centuria Capital Limited and Centuria Funds Management Limited This presentation has been prepared without taking account of any person’s individual investment as responsible entity of Centuria Capital Fund (together the stapled
Slide 31: Centuria Metropolitan REIT
For personal use only CENTURIA METROPOLITAN REIT ASX:CMA 30
Centuria Capital Group — Investor Day (November 2019) on 6ix