Centuria Industrial Reit · ASX:CIP
Centuria Industrial Reit — Citi 12th Annual Australian and New Zealand Investment Conference 2020
16 slides from Centuria Industrial Reit's conference presentation, Oct 15, 2020
Slide 1: Centuria Industrial REIT (CIP) Citi Conference Presentation announcement
Centuria Industrial REIT (CIP) Citi Australia and NZ Investment Conference Presentation For personal use only SYDNEY (Thursday, 15 October 2020) - Centuria Property Funds No.2 Limited (CPF2L) as Responsible Entity of Centuria Industrial REIT (ASX: CIP) provides a presentation that will be used at th
Slide 2: Citi Australia & New Zealand Investment Conference
Citi Australia & New Zealand Investment Conference A S X: CIP 15 Oct 2020 For personal use only Centuria Industrial REIT CENTURIA OFFICE REIT ASX:COF 1 TELSTRA DATA CENTRE COMPLEX, CLAYTON, VIC
Slide 3: Only pure play industrial REIT listed on the ASX
As the only pure play industrial REIT listed on the ASX, CIP is well-positioned to take advantage of the current increased demand For personal use only for industrial space CENTURIA INDUSTRIAL REIT ASX: CIP 2 1 LAHRS ROAD, ORMEAU, QLD
Slide 4: CIP is aligned to a highly experienced real estate funds manager
CIP is aligned to a highly experienced real estate funds manager (ASX:CNI) For personal use only Market capitalisation1 of $1.2bn, included in the S&P/ASX300 Index $0.6bn $9.5bn 53% $6.2bn AUM growth on FY19 Group AUM2 CNI Co-Investments FY19 AUM on balance sheet $0.8bn $213.0m3 (19.9%) $8.7bn Real
Slide 5: CIP: Strategic vision and objectives
CIP: Strategic vision and objectives For personal use only VISION To build Australia’s leading domestic pure play industrial REIT A CLEAR AND SIMPLE Deliver income and capital growth to investors from a portfolio of high quality Australian industrial assets STRATEGY Overseen by an active Prudently m
Slide 6: Key metrics – Australia's largest domestic pure play industrial REIT
Key metrics – Australia’s largest domestic pure play industrial REIT1 For personal use only PORTFOLI O FI NANCI AL 17.4c 17.0c 5.3% 56 $2.1bn FY21 FFO3 FY21 Distribution Forecast FY21 High quality assets1 Portfolio value1 per unit guidance per unit guidance DPU yield4 96.5% 10.0yrs 31.2% 32.3% 4.9x
Slide 7: Australia's largest domestic pure play industrial REIT
Australia’s largest domestic pure play industrial REIT For personal use only PORTFOLIO SNAPSHOT FY21 YTD1 AUSTRALIAN LISTED PEERS 2 Number of assets # 56 Book value $m 2,125 2.4 100% WACR % 5.68 2.2 GLA sqm 1,016,571 2.0 Average asset size sqm 18,153 1.8 75% 1.6 1.4 WA 8% 1.2 50% 92.1 2.9 QLD 27% 1.
Slide 8: Portfolio resilience demonstrated through COVID-19
Portfolio resilience demonstrated through COVID-19 1 ASHBURN ROAD, BUNDAMBA, QLD For personal use only 97% Majority of CIP tenants continue Task force established to In house management facilitate greater Average rent ensure workspace to operate through tenant engagement collections from preparednes
Slide 9: Resilient and defensive tenant composition
Resilient and defensive tenant composition For personal use only TENANT INDUSTRY SECTOR DIVERSIFICATIONS 1 TENANT COMPOSITION 1 • Approximately 30% of income derived from 33% Manufacturing 31% ASX Listed non discretionary, food distribution and cold 19% Transport Logistics 5% Listed Multinational st
Slide 10: Fit-for-purpose acquisitions that complement CIP's portfolio
Fit-for-purpose acquisitions that complement CIP’s portfolio Ability to find relative Executed $833m since Acquisitions executed with 100%1 For personal use only value in a supply FY20, significantly occupancy, average WALE of 23yrs1,2 and constrained market enhancing portfolio quality initial yield
Slide 11: Structural tailwinds for the industrial sector
CENTURIA MANAGEMENT Structural tailwinds for the industrial sector SHARE OF FOOD RETAIL TO TOTAL RETAIL 1 For personal use only GROWTH IN ONLINE RETAIL TRADE 2 Australian consumers spend a 67% growth in online retail sales over 3500 the 6 months to August-2020 relatively high share on grocery retail
Slide 12: Solidifying CIP's income streams
Solidifying CIP’s income streams For personal use only Acquisitions strengthen and complement CIP portfolio through increasing WALE and quality defensive income streams 95% 83% 83% Leasing success with 45,318sqm of terms Acquisitions with WALE >5yrs1 Acquisitions on sale and lease back1 Acquisitions
Slide 13: Executing value-add initiatives
Executing value-add initiatives For personal use only DEVELOPMENT DEVELOPMENT REFURBISHMENT OPPORTUNITY Artist’s impression BEFORE AFTER 21 JAY STREET, TOWNSVILLE, QLD 46 GOSPORT STREET, HEMMANT, QLD 42 HOEPNER ROAD, BUNDAMBA, QLD • Development completed, expanding the facility by • 2.4 ha site purc
Slide 14: Australia's largest domestic pure play industrial REIT with a portfolio of $2.1bn
Australia’s largest domestic pure play industrial REIT with a portfolio of $2.1bn For personal use only Defensive and resilient tenant base, as demonstrated through the COVID-19 period Measured and selective acquisitions significantly improved portfolio quality Identified and executed opportunities
Slide 15: Disclaimer
For personal use only Disclaimer This presentation has been prepared by Centuria Property Funds No.2 Limited (ABN 38 133 363 185, The information in this presentation has been obtained from and based on sources believed by CPF2L AFSL 340304) (CPF2L) as responsible entity of Centuria Industrial REIT
Slide 16: For personal use only
For personal use only CENTURIA INDUSTRIAL REIT ASX: CIP 15