Scentre Group · ASX:SCG
Scentre — Q3 2016 Earnings Presentation
11 slides from Scentre's earnings presentation, 2016
Slide 1: 3rd Quarter 2016 Update
3rd QUARTER 2016 UPDATE Owner and Operator of in Australia and New Zealand
Slide 2: Operating Performance & Outlook
OPERATING PERFORMANCE & OUTLOOK 30 SEPTEMBER OUTLOOK 2016 Total Sales (Moving Annual Turnover) $22.5bn Forecast Funds from Operations per security 23.25 cents 3% growth Specialty Store Sales Growth (psm) (Moving Annual Turnover) 3.4% Forecast Distribution per security 21.3 cents Average Specialty St
Slide 3: Retail Sales
RETAIL SALES COMPARABLE SALES COMPARABLE SALES TOTAL PORTFOLIO BY CATEGORY GROWTH %1 GROWTH %1 9 months to 12 months to 9 months to 12 months to 30 Sep 2016 30 Sep 2016 30 Sep2016 30 Sep 2016 Majors 0.6% 1.2% Supermarkets (0.1%) 0.3% Mini Majors (≥ 400 sqm) 1.7% 2.5% Department Stores 2.1% 2.5% Spec
Slide 4: Projects
PROJECTS ACTIVE PROJECTS FUTURE PROJECTS Total Project SCG Share Anticipated Future development pipeline in excess of $3 billion $m $m Completion 2016 Commencements Albany (NZ) Marion (SA) Tea Tree Plaza (SA) Chermside 355 355 2017 Carousel (WA) Newmarket (NZ) Warringah Mall – Stage 2 (NSW) North La
Slide 5: Developments: Westfield Warringah Mall
DEVELOPMENTS ACTIVE PROJECT: WESTFIELD WARRINGAH MALL OVERVIEW Project Cost $310m (SCG Share: $155m) Commencement Q3 2016 Opening 17 Nov 2016 HIGHLIGHTS Incremental Project GLA1 14,000 sqm Completed Centre GLA 133,000 sqm New Anchors Myer, H&M, Sephora, Mecca Maxima Specialty Retail approx. 70 new s
Slide 6: Developments: Westfield North Lakes
DEVELOPMENTS ACTIVE PROJECT: WESTFIELD NORTH LAKES OVERVIEW Project Cost $170m (SCG Share: $85m) Commencement Q4 2015 Opening 17 Nov 2016 HIGHLIGHTS Incremental Project GLA1 43,500 sqm Completed Centre GLA 84,000 sqm (excl IKEA) 113,000 sqm (incl IKEA) New Anchors Kmart and Link Mall to 29,000 sqm I
Slide 7: Developments: Westfield Chermside
DEVELOPMENTS ACTIVE PROJECT: WESTFIELD CHERMSIDE OVERVIEW Project Cost $355m (SCG Share: $355m) Commencement Q1 2016 Completion June 2017 HIGHLIGHTS Incremental Project GLA 33,000 sqm Completed Centre GLA1 156,000 sqm New Anchors Zara, H&M, Sephora, New Leisure & Dining precinct Specialty Retail app
Slide 8: Portfolio Summary as at June 2016
PORTFOLIO SUMMARY 1 30 AS AT 40 11,657 3.6m JUN CENTRES NUMBER OF GROSS LETTABLE 2016 RETAIL OUTLETS AREA (sqm) $30.8bn $12.5bn $43.3bn 5.54% SCG JV PARTNER ASSETS UNDER WEIGHTED AVERAGE INTEREST INTERESTS MANAGEMENT CAPITALISATION RATE 1. Includes construction in progress and assets held for develo
Slide 9: Our Portfolio
OUR PORTFOLIO 1 AUSTRALIA 34 centres A$29.5 billion2 NEW ZEALAND 6 centres NZ$1.4 billion2 Number of centres All dollar values refer to SGC share only 1. As at 30 June 2016 2. Includes construction in progress and assets held for development 9 Scentre Group 3rd Quarter Update
Slide 10: Operating Performance
OPERATING PERFORMANCE AVERAGE SPECIALTY RENT & OCCUPANCY AVERAGE SPECIALTY STORE SALES > 99.5% leased A$1,601 psm A$11,142 psm Introduction of GST 10 Scentre Group 3rd Quarter Update
Slide 11: Important Notice
IMPORTANT NOTICE All amounts in Australian dollars unless otherwise specified. The financial information included in this document is based on the Scentre Group’s IFRS financial statements. Non IFRS financial information included in this document has not been audited or reviewed. This document conta