Stockland · ASX:SGP
Stockland — Q3 FY22 Earnings Presentation
11 slides from Stockland's earnings presentation, Apr 21, 2022
Slide 1: 3Q22 Update
3Q22 Update 21 April 2022 Artist impression, M_Park Building A, Macquarie Park, NSW
Slide 2: March 2022 quarter update
March 2022 quarter update Key highlights • Capital partnerships announced at 1H22 Result on track for completion • Stockland Residential Rental Partnership with Mitsubishi Estate Asia (SRRP), expected completion late FY22 • M_Park Capital Partnership with Ivanhoé Cambridge, expected completion in Ju
Slide 3: Commercial Property
Commercial Property 3 Yatala Distribution Centre South, QLD
Slide 4: Town Centres
Town Centres Resilient performance from essentials-based mix Positive sales trend above pre-COVID-19 levels Maintained positive leasing spreads across new leases and renewals and high Comparable monthly growth2,3 vs 2019 portfolio occupancy at 99.1%1 7.1% 10.6% 12.9% 6.3% 6.9% 11.3% 9.5% 0% 10.2%
Slide 5: Logistics & Workplace
Logistics & Workplace Solid operational metrics from a high-quality portfolio Logistics • Continued positive rent reversions, with both occupancy1 and rent collection2 strong at 99% in 3Q22 3Q22 3Q21 LOGISTICS 9 months ended 9 months ended • Portfolio WALE3 of 3.6 yrs, with focus on maximising incom
Slide 6: Communities
Communities Stockland » 7Qxsass_
Slide 7: Residential
Residential Strong momentum continuing into 3Q22 • Enquiries remain well above historical averages, with strong demand reflected Net sales by quarter 2,036 1,974 1,947 in further price increases over 3Q22 1,799 1,891 1,868 382 314 180 324 250 1,562 • Net sales of 1,562 in 3Q22 reflect trade out of k
Slide 8: Land Lease Communities
Land Lease Communities Strong performance and rapid growth in business Continued momentum and rapid growth in the business • Sustained strength in demand for over-50s lifestyle communities product, reflected in average sale price increase of 4.3% over 3Q22 • Net sales of 94 in 3Q22 reflects slowdown
Slide 9: Outlook
Outlook z Stockland » 7Qxsass_
Slide 10: Summary and outlook
Summary and outlook Outlook • Positive residential market conditions with continued elevated demand. Conditions expected to moderate over the medium term, in line with rising interest rates • Resilient Retail performance from essential-based mix • Acceleration in Logistics development Maintained Gui
Slide 11: Stockland Corporation Limited Important Notice
Stockland Corporation Limited ACN 000 181 733 Stockland Trust Management Limited ACN 001 900 741; AFSL 241190 As responsible entity for Stockland Trust ARSN 092 897 348 LEVEL 25 133 Castlereagh Street SYDNEY NSW 2000 Important Notice This Presentation (“Presentation”) has been prepared and issued by