Charter Hall Retail Reit · ASX:CQR
Charter Hall Retail Reit — Shareholder Meeting (October 2019)
19 slides from Charter Hall Retail Reit's shareholder meeting presentation, Oct 30, 2019
Slide 1: Charter Hall Retail REIT 2019 Annual Unitholders' Meeting
For personal use only V10 Draft 07082019 30 October 2019 Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting FY19 Annual Results
Slide 2: Agenda
For personal use only 1. Independent Chair’s Presentation: Roger Davis 2. Retail CEO’s Presentation: Greg Chubb Agenda 3. Questions 2019 Annual Unitholders’ Meeting 4. Items of Business Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting
Slide 3: Board of Directors
Board of Directors For personal use only Roger Davis Independent Chair Greg Chubb David Harrison Sue Palmer Michael Gorman Retail CEO Managing Director & Group CEO Independent Director Independent Director Fund Managers Greg Chubb Christine Kelly Retail CEO Head of Retail Finance and Deputy Fund Man
Slide 4: Independent Chair's Presentation
Independent Chair’s Presentation For personal use only Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting Secret Harbour Square, Secret Harbour, WA
Slide 5: CQR Convenience Strategy
Independent Chair’s Presentation CQR Convenience Strategy Providing a resilient and growing income stream for our investors For personal use only The leading owner and manager of convenience based retail Key Drivers Active asset Enhance portfolio Prudent capital management quality management • Maint
Slide 6: Acquisitions and divestments
Independent Chair’s Presentation Acquisitions and divestments For personal use only • Recent acquisitions have further enhanced CQR’s portfolio quality • Since the beginning of FY18, CQR has disposed of 17 properties for a total of $387 million and during FY19, acquired three quality properties for
Slide 7: Community & Sustainability
Independent Chair’s Presentation Community & Sustainability For personal use only Energy initiatives Other initiatives Community initiatives • Solar roll-out program across 14 sites well underway • Implemented comprehensive waste management • Extended partnership with Two Good delivering ‘Love progr
Slide 8: Fund Manager's Presentation
Fund Manager’s Presentation For personal use only Highfields Village Shopping Centre, Highfields, QLD Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting
Slide 9: Key Achievements
Fund Manager’s Presentation Key Achievements Execution of strategy delivering growth For personal use only Key metrics FY 18 FY 19 Movement Operating earnings5 $123.2m $128.0m 3.9% 2.0% EPS growth per unit 2.1% NPI Growth1 Operating earnings5 per unit 30.51 cents 31.12 cents 2.0% Distributions per u
Slide 10: Delivery of CQR Convenience Strategy
Fund Manager’s Presentation Delivery of CQR Convenience Strategy Providing a resilient and growing income stream for our investors For personal use only Active asset Enhance portfolio Prudent capital management quality management • Stable occupancy at 98.1% • Portfolio cap rate of 6.18% • Completed
Slide 11: Summary and outlook
Fund Manager’s Presentation Summary and outlook Resilience of portfolio focused on convenience retail For personal use only • Supermarket sales continue to grow, underpinning customer visitation and financial performance • Focus on portfolio quality through continuation of the acquisition and divest
Slide 12: Questions
Questions For personal use only Singleton Square and Plaza, Singleton, NSW Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting
Slide 13: Items of Business
Items of Business For personal use only Singleton Square and Plaza, Singleton, NSW Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting
Slide 14: Items of Business: Formal Business
Items of Business Formal Business For personal use only • Resolution 1 is advisory only and non-binding on Charter Hall Retail Management Limited (“CHRML”) or the Directors of CHRML. However, the Directors of CHRML intend to give due consideration to the result of this resolution to determine the co
Slide 15: Resolution: Election of Independent Director
Items of Business Resolution 1 Election of Independent Director For personal use only To consider, and if thought fit, pass the following resolution, as an advisory, non binding resolution of the Unitholders: “That Sue Palmer, a Director of CHRML be re-elected as a director of CHRML” Charter Hall Re
Slide 16: Items of Business: Procedural Matters
Items of Business Procedural Matters For personal use only • If there are any Unitholders who are eligible to vote who have not received their yellow voting card, please see a representative from Link Market Services at the registration desk • Unitholders holding a blue card are not eligible to vote
Slide 17: Resolution – Proxies
Resolution 1 – Proxies For personal use only FOR: 80.52% OPEN: 0.20% AGAINST: 19.28% ABSTAIN: 0.00% Charter Hall Retail REIT 2019 Annual Unitholders’ Meeting 17
Slide 18: Further information
Further information For personal use only Greg Chubb Christine Kelly Phillip Cheetham Retail CEO and Executive Director Head of Retail Finance and Head of Listed Investor Relations Deputy Fund Manager Charter Hall Retail REIT Charter Hall Retail REIT Charter Hall T: +61 2 8651 9355 T: +61 2 8651 940
Slide 19: For personal use only
For personal use only Sydney Head Office Melbourne Brisbane Perth Adelaide Level 20, No.1 Martin Place Level 14, 570 Bourke Street Level 22, Northbank Plaza Level 5, St Georges Square Level 2, 80 Pirie Street Sydney, NSW, 2000 Melbourne VIC 3000 69 Ann Street 225 St Georges Terrace Adelaide SA 5000
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