Goodman Group · ASX:GMG
Goodman — Investor Day (June 2019)
26 slides from Goodman's investor day presentation, Jun 20, 2019
Slide 1: Goodman Group Investor Day
Goodman Group Investor Day 20 June 2019 Rochedale Motorway Estate, QLD, Australia
Slide 2: Important notice and disclaimer
Important notice and disclaimer + This document has been prepared by Goodman Group (Goodman Limited (ABN 69 000 123 071), Goodman Funds Management Limited (ABN 48 067 796 641; AFSL Number 223621) as the Responsible Entity for Goodman Industrial Trust (ARSN 091 213 839) and Goodman Logistics (HK) Lim
Slide 3: Contents
Contents + Group introduction – Greg Goodman + Regional updates + Asia - Paul McGarry + New Zealand - John Dakin + Australia - Jason Little + North America - Anthony Rozic + Brazil - Cesar Nasser + Continental Europe - Philippe Van der Beken + United Kingdom - Charles Crossland 3
Slide 4: Urban logistics
Urban logistics + Our customers globally continue to demand proximity close to consumers in urban locations, driven by: - Structural trends of urbanisation - Rapidly changing purchasing behaviour of consumers - Rising consumerism and the increasing need for convenience + Most industries, including e
Slide 5: Regional updates
Regional updates
Slide 6: Asia – Paul McGarry
Asia – Paul McGarry Strategic initiatives + Focus on major infill markets across the region + Development-led growth the best way to source well-located high-quality assets + Large development programmes through Hong Kong and Greater Bay area + Focus on quality, scale and intensification opportuniti
Slide 7: Asia – Hong Kong development
Asia – Paul McGarry Market + Hong Kong Investment type + Development + Recently secured a 15-year pre-commitment from a data centre operator for 100% of Building 1 at Goodman Tsuen Wan West with construction due to start shortly Strategy + Multiple interested parties on future phases of the developm
Slide 8: Asia – Beijing, China development
Asia – Paul McGarry Market + Beijing, China Investment Type + Development + Recently secured a 10 year pre-commitment from a pharmaceutical provider for Phase 1 of Goodman Beijing Southgate Industrial Park + Phase 2 to commence soon with development Strategy intensification and gentrification. Leasa
Slide 9: Asia – Greater Tokyo, Japan
Asia – Paul McGarry Market + Greater Tokyo, Japan Investment type + Multi-stage development + Recently secured a pre-commitment from BMW for Stage 4 of Goodman Business Park (“GBP”) Strategy + Multiple customer enquiry on remaining future stages from a range of industries including data centre users
Slide 10: New Zealand – John Dakin
New Zealand – John Dakin Strategy 100% + Investment in the Auckland Industrial market + Unlock growth potential of existing portfolio through rental growth and medium-term redevelopments of under-utilised sites + Continue to monitor potential for further acquisitions in central/strong distribution l
Slide 11: New Zealand – Otahuhu, South Auckland
New Zealand – John Dakin Market + Otahuhu, South Auckland + Acquisition of brownfield development site (with holding Investment type income) + Acquisition in line with GMT strategy to own strategically located industrial assets in central Auckland infill locations Strategy + Hold as income- producin
Slide 12: New Zealand – Mt Roskill, Auckland
New Zealand – John Dakin Market + Mt Roskill, Auckland Investment type + Acquisition of 13 hectare infill industrial site + Strategically located industrial asset in central Auckland infill location Strategy + Lease improvements as is for medium-term. Potential for redevelopment of site in longer te
Slide 13: Australia – Jason Little
Australia – Jason Little Strategy + Targeting major metropolitan cities on the east coast of Australia + Focus on long-term sustainability of income + Development of our greenfield / brownfield land continues to be the best risk adjusted method to access product in the right locations + Growing numb
Slide 14: Australia – Oakdale and Redbank estates
Australia – Jason Little + Oakdale, Western Sydney, NSW / Redbank Motorway Estate, Market Redbank, QLD Investment type + Development Strategy + Large-scale, multi-stage developments + Oakdale is located within Western Sydney’s logistics hub of Indicative Masterplan of Oakdale Industrial Estate, NSW
Slide 15: Australia – Smithfield, Sydney
Australia – Jason Little Market + Smithfield, Inner West market, Sydney Investment type + Brownfield re-development Strategy + Demolish existing facility and re-build + Smithfield is an older style distribution centre which is located within the established Smithfield industrial precinct which is ap
Slide 16: North America – Anthony Rozic
North America – Anthony Rozic Strategy + Pursue opportunities in key identified markets with a focus on LA, Inland Empire West, Pennsylvania and New Jersey + Remain focused on monetising the existing landbanks and enhancing the pre-lease strategy + Target acquiring value-add opportunities and replen
Slide 17: North America – Los Angeles, North LA / Glendale
North America – Anthony Rozic Market + Los Angeles – North LA / Glendale Investment type + Infill value-add and development Strategy + Refurbish buildings 1-2 and develop adjoining land sites + Located in North LA, an affluent area with a strong consumer base in East San Fernando Valley, 5 miles nor
Slide 18: Brazil – Cesar Nasser
Brazil – Cesar Nasser Strategy + Take advantage of the current subdued economic activity to acquire strategically located land in core markets primarily in São Paulo + Focus on infill locations, closer or inside São Paulo city, with opportunistic acquisitions for larger plots of land for big boxes +
Slide 19: Brazil – Itaquera, São Paulo
Brazil – Cesar Nasser Market + Itaquera, São Paulo city, São Paulo state Guarulhos Airport Ayrton Senna Highway Investment type + Development + Development of 2 buildings, both with flexible units targeting Strategy last-mile delivery (e-commerce retailers and 3PL companies) + Metropolitan São Paulo
Slide 20: Continental Europe – Philippe Van der Beken
Continental Europe – Philippe Van der Beken Strategic initiatives + Continued focus on quality locations, assets, relationships, away from more commoditised product and markets + Target acquisitions of prime real estate in infill areas, with higher expected long-term income growth + Constant review
Slide 21: Continental Europe – Barcelona, Utrecht, Bremen
Continental Europe – Philippe Van der Beken Market + Core land-restricted locations throughout CE Investment type + Development + Ensure long-term value creation through intensified Strategy land use Barcelona + Barcelona, Spain 2 assets, 15 - 20 km from city centre Adjacent to highways connecting w
Slide 22: Continental Europe – Urban logistics
Continental Europe – Philippe Van der Beken Market + Urban logistics 1 Investment type + Development Strategy + Warehouse development close to urban areas All located close to urban centres in land-restricted areas with lack of vacant space 1. Amsterdam, Netherlands West of Amsterdam; excellent conn
Slide 23: United Kingdom – Charles Crossland
United Kingdom – Charles Crossland Strategy + Acquiring sites in prime locations around London, the South East and M25 + 3 prime urban brownfield sites acquired in the last 12 months with end value of over £270m + Continued strategy to dispose of non-core land through development and land sales Busi
Slide 24: United Kingdom – Park Royal, North West London
United Kingdom – Charles Crossland Market + Park Royal, North West London Investment type + Development Strategy + Customer-led development + Prime location, 4.5 miles from Central London + Located in London’s largest industrial estate Location + 650m from new HS2 station and £1bn major regeneration
Slide 25: United Kingdom – Dartford, Outer London
United Kingdom – Charles Crossland Market + Dartford, Outer London Investment type + Development + Commence development in FY20 Strategy + Target consumer servicing customers + Prime M25/SE London location + ½ mile from Junction 1a, M25 Location + Over 9m population within 1 hr drive + Former port +
Slide 26: Thank you
Thank you Important Notice This document has been prepared by Goodman Group (Goodman Limited (ABN 69 000 123 071) and Goodman Funds Management Limited (ABN 48 067 796 641) (AFSL 223621) as the Responsible Entity for Goodman Industrial Trust (ARSN 091 213 839) and Goodman Logistics (HK) Limited (Comp