Lifestyle Communities Ltd · ASX:LIC
Lifestyle Communities — UBS Australasia Conference 2016
18 slides from Lifestyle Communities's conference presentation, Nov 7, 2016
Slide 1: A Business Making a Difference
For personal use only A Business Making a Difference UBS Australasia Conference 2016 7th & 8th November 2016 LIFESTYLE COMMUNITIES LIMITED - Downsize to a Bigger Life A BUSINESS MAKING A DIFFERENCE 1
Slide 2: Lifestyle Communities aims to enrich people's lives
MAKING A Lifestyle Communities DIFFERENCE aims to enrich people’s lives For personal use only • Lifestyle Communities’ model balances: - A long-term sustainable lifestyle for our homeowners with affordable rent and home prices; and - A long-term sustainable return for shareholders, with a focus on g
Slide 3: 13 years later - how do we know if we are achieving this?
MAKING A 13 years later - how do we know DIFFERENCE if we are achieving this? For personal use only • Over 2,100 homeowners call a Lifestyle Community home • 94% of homeowners would recommend us to friends and family(1) • Approximately one in three new home sales come from referrals “We lived in our
Slide 4: Creates a win-win for homeowners and shareholders
FINANCIAL Creates a win-win for MODEL homeowners and shareholders For personal use only Creating Communities Managing Communities Total annuities at year end Cash break even after allocation of costs Dividend flow to management business Completed communities RECYCLING building a long-term CAPITAL PO
Slide 5: How does the Lifestyle Communities model of living work?
COMMUNITY How does the Lifestyle Communities OVERVIEW model of living work? For personal use only Homeowners at Lifestyle Communities own their own home and lease the land upon which their Homeowners at homes are located, via a weekly site fee. Lifestyle Communities are fully protected by the Reside
Slide 6: Growing annuity income streams
FINANCIAL Growing annuity income streams OVERVIEW For personal use only FY2016 FY2015 Financial Summary ($ Million) ($ Million) Net profit after tax attributable to shareholders $19.3 $16.7 Underlying net profit after tax attributable to shareholders $16.9 $16.7 Total assets $222.5 $179.6 Equity $13
Slide 7: Portfolio overview: communities in planning, development or under management
PORTFOLIO 13 communities in Focus remains OVERVIEW planning, development or in Victoria under management For personal use only Victoria provides: • Favourable planning legislation • Better access to zoned, flat land for Community Homes Settled development • Lowest saturation of land lease Brookfield
Slide 8: Focused on Melbourne and Geelong's growth corridors
ACQUISITION Focused on Melbourne and STRATEGY Geelong’s growth corridors For personal use only • Looking for zoned land in Melbourne and Geelong’s growth corridors • Increasing opportunities to buy superlots from land developers • Melbourne has strategic benefits of flat topography increasing site c
Slide 9: Two key emerging trends come together to create the Lifestyle business model
KEY Two key emerging trends come THEMATICS together to create the Lifestyle business model For personal use only Affordability Baby Boomer • Opportunity to create a • Wants to maintain control more affordable model • Want to own their home • Rents sustainable for • Wants to free up equity pensioners
Slide 10: Market overview: baby boomer age wave
MARKET As at 30 June 2013 there were Lifestyle Communities is well OVERVIEW over 574,000 Victorians aged positioned to meet the needs over 70 and over 906,000 aged of the baby boomer age wave For personal use only between 55 and 69 85+ (114k) War Generation Average age 80-84 (116k) of Lifestyle Baby
Slide 11: Every touchpoint drives customer referral
CUSTOMER Every touchpoint Set organisational goal TOUCHPOINTS drives customer referral to increase referral rate For personal use only • Implemented a focused strategy to try and lift the number of homeowner referrals for new sales Brand Sales • Have developed an action plan for each of the 32 touch
Slide 12: Every facet of our product has evolved
COMMUNITY Every facet of our product DESIGNS has evolved For personal use only Urban Layout Entry Landscaping Clubhouse House Designs Ensure that the homes Create a sense of arrival Significant investment in Ongoing evolution with Evolving to meet the needs work together by varying and security land
Slide 13: Increasing the sales rate
SALES RATES “Proof is in the pudding” Increasing the sales rate For personal use only • Lifestyle Communities’ focus has shifted SALES PROFILE FROM DATE OF FIRST SALE (TREND LINES) to improve pre-sales. This reduces risk by supporting a more aggressive Sales construction program which enables a quic
Slide 14: Latest community: Berwick Waters, a promising start
LATEST Lifestyle Berwick Waters: COMMUNITY A promising start For personal use only • Civil works commenced in September 2016 • First homes targeted to be completed in May/June 2017 • 55 homes are already pre-sold • 47% of sales to date from homeowner referrals • Location and product has resonated wi
Slide 15: Settlements growing with increased sales rates and new projects
SETTLEMENT Settlements growing with increased GOALS - sales rates and new projects NEW SALES For personal use only FY2016 FY2017 FY2018 settlements settlement settlement (actual) range range TOTAL 202 250-270 260-290 Warragul 1 - - Casey Fields(1) 2 - - Shepparton 51 40-55 40-55 Chelsea Heights(1) 2
Slide 16: Summary
SUMMARY Lifestyle Communities Lifestyle Communities’ model is driven capitalises on the solid base by affordability, the aging population established for future growth and the emerging baby boomer For personal use only • Emerging baby boomer driving increased customer interest • Approximately one in
Slide 17: Important Notice and Disclaimer
IMPORTANT • This Presentation contains general background information about Lifestyle Communities only and should not be relied upon as (and is not) an indication of future performance. not to place undue reliance on forward-looking statements and LIC assumes no obligation to NOTICE AND Limited (LIC
Slide 18: Downsize to a Bigger Life
For personal use only DOWNSIZE TO A BIGGER LIFE LIFESTYLE COMMUNITIES LIMITED Level 2, 25 Ross Street South Melbourne VIC 3205 Ph: (03) 9682 2249 www.lifestylecommunities.com.au LIFESTYLE COMMUNITIES LIMITED - Downsize to a Bigger Life A BUSINESS MAKING A DIFFERENCE 17
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