Slide 1: September 2017 quarterly update
For personal use only Chadstone, VIC September 2017 quarterly update 25 October 2017
Slide 2: Active first quarter of FY18
Active first quarter of FY18 Solid progress made on securities buy-back, development pipeline and sustainability program For personal use only Strong start to on-market securities buy-back1 70m securities acquired (~1.8% of issued capital) for $186m Average price of $2.65 represents 6.0% discount to
Slide 3: Mandurah Forum redevelopment on program
Mandurah Forum redevelopment on program Improving product offer and experience, first retail stage opened For personal use only $350m major redevelopment1 850 space multi-deck car park opened in December 2016 First retail stage opened fully leased in July 2017 New Target store and over 60 specialty
Slide 4: The Glen redevelopment progressing well with first stage open
The Glen redevelopment progressing well with first stage open Major redevelopment to capitalise on high income trade area For personal use only $460m major redevelopment1 Latest format David Jones New contemporary food gallery with casual dining hub and an outdoor dining precinct Complete refurbishm
Slide 5: DFO Perth
DFO Perth Retail construction progressing well For personal use only $150m project1 Joint venture to develop Perth’s first DFO centre 120 specialty stores and over 1,500 car spaces Construction and leasing progressing well Ground services and slab works well advanced Installation of steel structure
Slide 6: Chadstone – the evolution continues
Chadstone – the evolution continues Hotel and significant additional remix opportunities For personal use only Hotel development ($120m)1 planned to start in FY18 In final stages of selection process for hotel operator Proposal for 250 rooms over 13 levels with 4 to 4.5 star rating Targeting busines
Slide 7: Portfolio sales by store type
Portfolio sales by store type Improvement in supermarkets, discount department stores and other retail, offset by weaker specialty and department stores For personal use only Actual Comparable1 Specialty store sales soften MAT MAT growth Including Chadstone same-store sales and excluding the impact
Slide 8: Portfolio specialty store performance
Portfolio specialty store performance Retail services, leisure and food catering the strongest performers For personal use only Actual Comparable1 Growth in retail services, leisure and food catering MAT MAT growth Retail services driven by hairdressing and beauty (+8.9%) MAT % of and optometrists (
Slide 9: Chadstone performing strongly post development
Chadstone performing strongly post development Consumers attracted by quality of experience and expanded luxury, dining and entertainment offer For personal use only Well embraced by consumers and retailers Annual consumer visitation up 26% to over 22m Strong sales growth Total centre MAT growth of
Slide 10: A focus on creating shared value for Vicinity and our stakeholders
A focus on creating shared value for Vicinity and our stakeholders Our sustainability progress has been globally recognised For personal use only Sustainability leader in Australia and Asia Pacific in 2017 Real Estate Assessment by GRESB1 Vicinity ranked as #1 retail property company in Australia an
Slide 11: Key dates
Key dates Investor calendar For personal use only Key dates 2017 Annual General Meeting 16 November 2017 Ex-distribution date for December 2017 distribution 28 December 2017 Record date for December 2017 distribution 29 December 2017 FY18 interim results 14 February 2018 December 2017 distribution p
Slide 12: Contact details and disclaimer
Contact details and disclaimer For further information please contact: For personal use only Penny Berger Troy Dahms Head of Investor Relations Senior Investor Relations Manager T +61 2 8229 7760 T +61 2 8229 7763 E penny.berger@vicinity.com.au E troy.dahms@vicinity.com.au Disclaimer This document i