Gowing Bros. Ltd. · ASX:GOW

Gowing Bros — Shareholder Meeting (November 2010)

18 slides from Gowing Bros's shareholder meeting presentation, Nov 25, 2010

  1. Slide 1: Shopping Centre Presentation

    Gowing Bros For personal use only EST. 1868 25 November 2010 SHOPPING CENTRE PRESENTATION

  2. Slide 2: Investment Portfolio Re-allocation

    Investment Portfolio Re-allocation For personal use only A strategic decision was made to increase the weighting of income producing assets in the portfolio given the ongoing environment of uncertainty. After reviewing various asset classes, retail shopping centres were identified as being an attrac

  3. Slide 3: Investment Portfolio Re-allocation

    Investment Portfolio Re-allocation For personal use only Cash Listed Equities Property Private Equity

  4. Slide 4: Shopping Centres Acquired

    Shopping Centres Acquired For personal use only PORT MOONEE KEMPSEY CENTRAL CENTRAL BEACH Acquisition date 18 December 2009 12 March 2010 13 May 2010 Age of centre 15 years 2 years 4 years Location Port Macquarie Kempsey Coffs Harbour Shopping centre type Sub-regional Neighbourhood Neighbourhood Majo

  5. Slide 5: What were the risks of buying shopping centres?

    What were the risks of buying shopping centres? For personal use only PRE-PURCHASE POST ACQUISITION Rising unemployment (consumer distress) Unemployment rate has strengthened Failure of retailers (tenants) None Australian economic recession Avoided No further deterioration supports bottom of cycle D

  6. Slide 6: What have we achieved since purchase?

    What have we achieved since purchase? For personal use only Dec. June Dec. June Dec. June Dec. June Dec. 2009 2010 2010 2011 2011 2012 2012 2013 2013 Acquire 3 centres Complete Integration 95% Complete Lift centre performance 25% Complete Re-branding Facelift Lease Kempsey Lease Moonee Consider deve

  7. Slide 7: What have we achieved since purchase?

    What have we achieved since purchase? For personal use only 1. Fully integrated and internally managed  Staff recruitment  New property management system  New management reports and accounts  5 year plans and budgets prepared  Performance in line with feasibility and budget 2. Leasing  No chang

  8. Slide 8: What have we achieved since purchase?

    What have we achieved since purchase? For personal use only 3. Re-branding and marketing  Master brand developed under Pacific Coast Retail  Soft launch in 2nd half to coincide with leasing and capital works  New website  Giving each centre a face lift (Kempsey upgrade, Port Central food court)

  9. Slide 9: Master Brand: Pacific Coast Retail

    Master Brand: Pacific Coast Retail For personal use only OLD Moonee Beach riverfront plaza NEW

  10. Slide 10: Sample Marketing

    Sample Marketing For personal use only OLD NEW

  11. Slide 11: Website

    For personal use only Website

  12. Slide 12: Port Central

    For personal use only Port Central

  13. Slide 13: Port Central

    For personal use only Port Central

  14. Slide 14: Kempsey Central

    For personal use only Kempsey Central

  15. Slide 15: Kempsey Central

    For personal use only Kempsey Central

  16. Slide 16: Moonee Beach

    For personal use only Moonee Beach

  17. Slide 17: Moonee Beach

    For personal use only Moonee Beach

  18. Slide 18: Thank You

    For personal use only Gowing Bros Limited EST. 1868 23 November 2010 THANKYOU Annual General Meeting

Gowing Bros — Shareholder Meeting (November 2010) on 6ix