Charter Hall Group · ASX:CHC
Charter Hall — Shareholder Meeting (November 2017)
32 slides from Charter Hall's shareholder meeting presentation, Nov 9, 2017
Slide 1: Charter Hall
Charter Hall | For personal use only 333 George Street, Sydney NSW
Slide 2: Contents
Charter Hall | Annual General Meeting | 9 November 2017 Contents For personal use only 1 Chair’s Address: David Clarke 2 Managing Director’s Address: David Harrison 3 Sector Highlights 4 Formal Business 1 Martin Place, Sydney NSW
Slide 3: Board of Directors
Charter Hall | Annual General Meeting | 9 November 2017 Board of Directors For personal use only David Clarke Chair Anne Brennan Karen Moses Philip Garling Non-Executive Director Non-Executive Director Non-Executive Director David Ross David Harrison Non-Executive Director Managing Director & Group
Slide 4: Chair's Address
Charter Hall | Annual General Meeting | 9 November 2017 Chair’s Address For personal use only 1 Shelley Street, Sydney NSW
Slide 5: Group Highlights
Charter Hall | Annual General Meeting | 9 November 2017 Group Highlights OUR VISION 30 June 2017 “Our goal is to be Australia’s best and most highly For personal use only regarded property investment and funds management business.” 1 2 27.6% $20.4b $2.3b TOTAL PLATFORM RETURN FUM GROSS EQUITY RAISED
Slide 6: Sustained Growth
Charter Hall | Annual General Meeting | 9 November 2017 Sustained Growth OPERATING EARNINGS PER SECURITY GROWTH2 For personal use only 35.9 TOTAL PERFORMANCE OVER 1, 3, 5 YEARS (%P.A)1 30.4 27.5 25.3 22.9 19.7% 20.7 15.7% 13.0% 12.3% 12.2% 11.8% 11.3% To be updated 10.6% FY12 FY13 FY14 FY15 FY16 FY1
Slide 7: Managing Director's Address
Charter Hall | Annual General Meeting | 9 November 2017 Managing Director’s Address For personal use only 9 Castlereagh Street, Sydney NSW
Slide 8: Our Strategy
Charter Hall | Annual General Meeting | 9 November 2017 Our Strategy We use our property expertise to access, deploy, manage and invest equity in our core real estate sectors – For personal use only office, retail and industrial – to create value and generate superior returns for our customers. ACCE
Slide 9: Funds Under Management Growth
Charter Hall | Annual General Meeting | 9 November 2017 Funds Under Management Growth For personal use only Funds under management movement ($bn) Funds under management by equity source ($bn) $0.8bn ($0.3bn) $19.8bn $20.4bn $0.1bn $20.4bn $2.8bn $17.5bn $2.8bn $19.8bn $2.5bn $4.3bn $13.6bn $4.1bn $2
Slide 10: Property Investment Portfolio
Charter Hall | Annual General Meeting | 9 November 2017 Property Investment Portfolio For personal use only Portfolio No. of WALE Occupancy WARR WACR WADR Value ($m) Properties (years) (%) (%) (%) (%) 30 Sep 17 1,577 297 7.4 97.8 3.6 6.04 7.4 30 Jun 17 1,527 292 7.4 97.7 3.6 6.09 7.3 30 Jun 16 1,098
Slide 11: Group Funds Management Portfolio
Charter Hall | Annual General Meeting | 9 November 2017 Group Funds Management Portfolio For personal use only Portfolio No. of No. of Gross WALE Occupancy WACR Value ($bn) Properties Tenants Income ($m) (years) (%) (%) 30 Sep 17 20.4 333 2,623 1,489 7.7 98.0 6.04 30 Jun 17 19.8 329 2,658 1,454 7.7
Slide 12: Charter Hall Transactional Activity
Charter Hall | Annual General Meeting | 9 November 2017 Charter Hall Transactional Activity For personal use only • Transaction revenue is a regular feature of earnings which we expect to continue • Gross transactions in Q1 FY18 reached $1,076m Q1 FY18 Office Industrial Retail TOTAL Acquisitions $19
Slide 13: Development Activity
Charter Hall | Annual General Meeting | 9 November 2017 Development Activity For personal use only • Development activity is undertaken by funds/partnerships to enhance both income yield and total returns • In-house development skills are a core competency of Charter Hall • Majority of projects are
Slide 14: Equity Flows
Charter Hall | Annual General Meeting | 9 November 2017 Equity Flows Consistent equity flows within the funds platform For personal use only • Ability to access all 3 equity sources evident in record FY17 equity raised • Momentum in equity continuing in FY18 and expected to continue across all 3 equ
Slide 15: FY18 Earnings Guidance
Charter Hall | Annual General Meeting | 9 November 2017 FY18 Earnings Guidance For personal use only Our guidance remains unchanged and is as follows: Based on no material change in current market conditions and having regard to the 18% earnings growth achieved in FY17 over FY16, our FY18 guidance i
Slide 16: Formal Business
Charter Hall | Annual General Meeting | 9 November 2017 Formal Business For personal use only Artist impression of 11 Breakfast Creek Road, Newstead QLD
Slide 17: Formal Business
Charter Hall | Annual General Meeting | 9 November 2017 Formal Business For personal use only • If there are any Securityholders who are eligible to vote who have not received their yellow card, please see a representative from Link Market Services desk • Those Securityholders holding a red card are
Slide 18: Annual Report
Charter Hall | Annual General Meeting | 9 November 2017 Annual Report For personal use only - To receive and consider the Annual Report, consisting of the Financial Report and Directors' Report, and Auditor's Report for the year ended 30 June 2017. - Note: There is no requirement for Securityholders
Slide 19: Resolution 1
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 1 For personal use only Resolution 1 is an ordinary resolution of CHL, and will be approved if passed by at least 50% of the votes cast by securityholders entitled to vote on the resolution. Resolution 1: “That Mr David Ross, appoint
Slide 20: Resolution - Proxies
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 1 - Proxies For personal use only FOR: 388,816,118 (99.88%) OPEN: 297,575 (0.08%) AGAINST: 174,062 (0.04%) ABSTAIN: 27,170 20
Slide 21: Resolution 2
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 2 For personal use only Resolution 2 is an ordinary resolution of CHL, and will be approved if passed by at least 50% of the votes cast by securityholders entitled to vote on the resolution. Resolution 2: “That the Remuneration Repor
Slide 22: Resolution - Proxies
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 2 - Proxies For personal use only FOR: 377,318,818 (97.44%) OPEN: 288,322 (0.07%) AGAINST: 9,619,839 (2.48%) ABSTAIN: 2,087,946 22
Slide 23: Resolution 3
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 3 For personal use only Resolution 3 is proposed as an ordinary resolution of Charter Hall Limited and Charter Hall Property Trust. Resolution 3 “That approval is given for all purposes under the Corporations Act and the Listing Rule
Slide 24: Resolution - Proxies
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 3 - Proxies For personal use only FOR: 388,452,231 (99.90%) OPEN: 299,832 (0.08%) AGAINST: 95,362 (0.02%) ABSTAIN: 467,500 24
Slide 25: Resolution 4
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 4 For personal use only Resolution 4 is proposed as an ordinary resolution of Charter Hall Limited and Charter Hall Property Trust. Resolution 4 “That approval is given for all purposes under the Corporations Act and the Listing Rule
Slide 26: Resolution - Proxies
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 4 - Proxies For personal use only FOR: 388,380,613 (99.88%) OPEN: 299,832 (0.08%) AGAINST: 160,156 (0.04%) ABSTAIN: 474,324 26
Slide 27: Resolution 5
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 5 For personal use only Resolution 5 is proposed as an ordinary resolution of Charter Hall Limited and Charter Hall Property Trust. Resolution 5 “That, for the purposes of rule 43(b) of the Constitution and Listing Rule 10.17, the ma
Slide 28: Resolution - Proxies
Charter Hall | Annual General Meeting | 9 November 2017 Resolution 5 - Proxies For personal use only FOR: 388,218,514 (99.85%) OPEN: 310,006 (0.08%) AGAINST: 291,786 (0.08%) ABSTAIN: 494,619 28
Slide 29: Questions
Charter Hall | Annual General Meeting | 9 November 2017 Questions For personal use only Reject Shop Distribution Centre VIC
Slide 30: Contact Us
Charter Hall | Annual General Meeting | 9 November 2017 Contact Us For personal use only David Harrison Russell Proutt Managing Director & Group CEO Chief Financial Officer Charter Hall Group Charter Hall Group T: +61 2 8651 9142 T: +61 2 8651 9493 david.harrison@charterhall.com.au russell.proutt@ch
Slide 31: Disclaimer
Charter Hall | Annual General Meeting | 9 November 2017 Disclaimer For personal use only This presentation has been prepared by Charter Hall Funds Management Limited ACN 082 991 786 (together, with its related bodies corporate, the Charter Hall Group). This presentation has been prepared without ref
Slide 32: Charter Hall Offices
Sydney Charter Head Hall | Office Level 20, No.1 Martin Place Sydney, NSW, 2000 T: +61 2 8651 9000 For personal use only Melbourne Level 12, 570 Bourke Street Melbourne VIC 3000 T: +61 3 9903 6100 Brisbane Level 22, Northbank Plaza 69 Ann Street Brisbane QLD 4000 T: +61 7 3228 2000 Perth Level 5, St
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