Hmc Capital Limited · ASX:HMC
Hmc Capital — Corporate Update (September 2020)
21 slides from Hmc Capital's corporate update, Sep 24, 2020
Slide 1: Update on Daily Needs REIT Presentation
ASX RELEASE 24 September 2020 UPDATE ON DAILY NEEDS REIT PRESENTATION Home Consortium provides the attached Update on Daily Needs REIT Presentation. -ENDS- For further information please contact: INVESTORS Will McMicking Tom Kohlen CFO Investor Relations Executive +61 451 634 991 +61 419 953 526 wil
Slide 2: Update on Daily Needs REIT
2020 Update OnHalf Year Daily Results Needs REIT 26 September February 2020 2020
Slide 3: Important Notices
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Important Notices NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES This presentation (Presentation) has been prepared by Home Consortium (a stapled entity comprised
Slide 4: Important Notices (continued)
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Important Notices (continued) Past Performance Past performance information given in this Presentation is given for illustrative purposes only and should not be relied
Slide 5: Agenda
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Agenda I. Update on Daily Needs ASX-listed REIT II. Daily Needs REIT | Overview III. Sydney neighbourhood centre acquisition IV. Supplementary information 3
Slide 6: Update on Daily Needs ASX-listed REIT
Photo: HomeCo Braybrook Update on Daily Needs ASX-listed REIT
Slide 7: Strategic rationale
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Strategic rationale The in-specie distribution of HomeCo Daily Needs REIT provides the foundation for the next phase of HomeCo’s ‘Own, Develop and Manage’ strategy Home
Slide 8: Transaction overview and timing
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Update on Daily Needs ASX-listed REIT Transaction overview and timing Summary Post DN REIT creation structure Intention to establish a new Daily Needs ASX-listed REIT
Slide 9: Growing assets under management
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Growing assets under management Establishing platforms for future growth HMC.ASX DN REIT Existing Operating Assets HealthCo AUM (A$m) ~800 ~500 ~150 No. assets (#
Slide 10: Daily Needs REIT | Overview
Photo: HomeCo Hawthorn East Daily Needs REIT | Overview
Slide 11: Daily Needs REIT – Investment highlights
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Daily Needs REIT – Investment highlights Portfolio of stabilised, convenience based assets targeting consistent growing distributions 1 8.5 year WALE1 provides long t
Slide 12: Daily Needs REIT at a glance
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Daily Needs REIT at a glance High quality and defensive exposure diversified by tenant, sector and geography Portfolio statistics1 Model portfolio target sector weighti
Slide 13: Well located and geographically diverse portfolio
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Well located and geographically diverse portfolio 1 Geographic diversification 2 Sub-sector diversification • 85%+ metro-located assets • Portfolio allocated between th
Slide 14: Daily Needs REIT strategy
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Daily Needs REIT strategy Model portfolio constructed to deliver enhanced securityholder returns Correlation benchmarking | (2007–2019) Total returns and volatility by
Slide 15: Daily Needs REIT peer benchmarking
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Daily Needs REIT peer benchmarking Strong portfolio metrics relative to A-REIT peers WALE (years)1 Gross rent per sqm ($/sqm)2 8.5 429 +26% +50% 340 5.7 Core peers DNR
Slide 16: Sydney neighbourhood centre acquisition
HomeCo Keysborough (rendering) Sydney neighbourhood centre acquisition
Slide 17: Glenmore Park Town Centre (Sydney, NSW)
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Glenmore Park Town Centre (Sydney, NSW) Neighbourhood centre located in high growth corridor in Western Sydney Description Woolworths, Coles & ALDI anchored centre open
Slide 18: Proposed Board of Directors
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Proposed Board of Directors The proposed Daily Needs REIT board will consist of 1 Independent Chairman, 2 Independent Non-Executive Directors and 2 representatives from
Slide 19: Supplementary information
Supplementary information
Slide 20: Daily Needs REIT | Asset summary
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Daily Needs REIT | Asset summary Glenmore Park Town Centre HomeCo Hawthorn East Sydney Metro Asset HomeCo Vincentia POTENTIAL ACQUSITION State NSW State VIC State - Sta
Slide 21: Daily Needs REIT | Asset summary (continued)
ibdroot\projects\IBD-HK\gazelle2020\661298_1\Presentations\2020-09-18 Investor Presentation\2020.09.24 HomeCo Daily Needs REIT.pptx Daily Needs REIT | Asset summary (continued) HomeCo Keysborough HomeCo Butler HomeCo Prestons HomeCo Tingalpa State VIC State WA State NSW State QLD Fair value ($m) 41