Charter Hall Retail Reit · ASX:CQR
Charter Hall Retail Reit — Shareholder Meeting (November 2020)
19 slides from Charter Hall Retail Reit's shareholder meeting presentation, Nov 10, 2020
Slide 1: Charter Hall Retail REIT 2020 Annual Unitholders' Meeting
For personal use only Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting Lansell Square 10 November 2020 Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting
Slide 2: Agenda
For personal use only 1. Independent Chair’s Presentation: Roger Davis 2. Retail CEO’s Presentation: Greg Chubb Agenda 3. Questions 4. Items of Business Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting
Slide 3: Board of Directors
Board of Directors For personal use only Roger Davis Independent Chair Greg Chubb David Harrison Sue Palmer Michael Gorman Retail CEO Managing Director & Group CEO Independent Director Independent Director Fund Managers Greg Chubb Christine Kelly Retail CEO Head of Retail Finance and Deputy Fund Man
Slide 4: Independent Chair's Presentation
Independent Chair’s For personal use only Presentation Rockdale Plaza, Sydney NSW Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting
Slide 5: CQR Convenience Strategy
Independent Chair’s Presentation CQR Convenience Strategy Providing a resilient and growing income stream for our investors For personal use only The leading owner and manager of property for convenience retailers Key Drivers Enhance portfolio quality Active asset management Prudent capital manageme
Slide 6: Curating the portfolio to deliver a resilient and growing income stream
Independent Chair’s Presentation The leading owner and manager of property for convenience retailers Curating the portfolio to deliver a resilient and growing income stream For personal use only Core convenience and every day needs Enabling major partner omnichannel servicing model Enabling major pa
Slide 7: Sustainability
Independent Chair’s Presentation Sustainability For personal use only Environment Social and Community – 8.5MW solar installations completed at 11 assets and a further 3.9MW of – Continued partnership with The Two Good Co as part of Two Good’s “In Good installations at 4 assets are nearing completio
Slide 8: Retail CEO's Presentation
Retail CEO’s For personal use only Presentation Pacific Square, Sydney NSW Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting
Slide 9: FY20 Portfolio Resilience
Retail CEO’s Presentation FY20 Portfolio Resilience The leading owner and manager of property for convenience retailers For personal use only Key metrics FY19 FY20 Movement Supermarket MAT growth1 Supermarkets in turnover2 Operating earnings4 $128.0m $142.7m +11.5% 5.2 % 61.0 % Operating earnings pe
Slide 10: Post FY20 Balance Date Transactions
Retail CEO’s Presentation Post FY20 Balance Date Transactions Acquisition of bp NZ Portfolio For personal use only – CQR acquired 24.5%1 interest in a portfolio of 70 Long WALE triple net leased Convenience Major tenants represent 54% of portfolio income4 Retail properties leased to bp in New Zealan
Slide 11: FY21 Q1 Operational Update
Retail CEO’s Presentation FY21 Q1 Operational Update Convenience based retail remains resilient For personal use only Like for like sales performance – Supermarket sales growth for the quarter increased to 8.9% reflecting Growth MAT FY21 Q1 vs FY20 Q1 MAT Total portfolio Total portfolio Total Total
Slide 12: FY21 Q1 COVID-19 Update
Retail CEO’s Presentation FY21 Q1 COVID-19 Update Convenience based retail remains resilient FY21 Q1 gross rental analysis For personal use only – Tenant support continues to reduce (ex. Victoria) Covid-19 Uncollected support $2.0m – 4 assets in Victoria representing 14% of total portfolio $3.7m 3%
Slide 13: Summary and Outlook
Retail CEO’s Presentation Summary and Outlook Resilience of portfolio focused on convenience retailers For personal use only - Supermarket and convenience retail sales will continue to be strong, driven by customers preference to shop closer to home and focus on everyday needs - Visitations normalis
Slide 14: Questions
Questions For personal use only Rockdale Plaza, Sydney NSW Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting
Slide 15: Items of Business
Items of For personal use only Business BP Kingsway VIC Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting
Slide 16: Resolution – Re-election of Independent Director
Items of Business Resolution 1 – Re-election of Independent Director For personal use only To consider, and if thought fit, pass the following resolution, as an advisory, non-binding resolution of the Unitholders: “That Mr Michael Gorman, a Director of Charter Hall Retail Management Limited be re-el
Slide 17: Resolution – Proxies – Re-election of Independent Director
Items of Business Resolution 1 – Proxies – Re-election of Independent Director For personal use only FOR: 95.70% OPEN: 00.17% AGAINST: 04.13% Charter Hall Retail REIT 2020 Annual Unitholders’ Meeting 17
Slide 18: Further information
Further information For personal use only Presentation authorised by the Board Greg Chubb Christine Kelly Philip Cheetham Retail CEO and Head of Retail Finance and Head of Listed Investor Executive Director Deputy Fund Manager Relations Charter Hall Group Charter Hall Group Charter Hall Group T: +61
Slide 19: Important Notice & Disclaimer
For personal use only IMPORTANT NOTICE & DISCLAIMER This presentation ("Presentation") has been prepared by and is the sole responsibility of Charter Hall Retail Management Limited (ABN 46 069 709 468, Australian Financial Services Licence Number 246 996) (“CHRML”) as the responsible entity for Char
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