Stockland · ASX:SGP
Stockland — Q3 2021 Earnings Presentation
11 slides from Stockland's earnings presentation, Apr 20, 2021
Slide 1: 3Q21 update
3Q21 UPDATE 3Q21 update 20 April 2021 WHITEMAN, WA 1
Slide 2: Delivering outcomes that drive long-term value
3Q21 UPDATE Delivering outcomes that drive long-term value Quarter ended 31 March 2021 Continued strategy execution maximising returns through community creation, our commercial property development pipeline and rebasing and remixing our retail portfolio Safety and COVIDSafe plans • Operational plan
Slide 3: Communities
3Q21 UPDATE Communities ELARA, NSW 3
Slide 4: Well positioned to capitalise on strong market conditions
3Q21 UPDATE Well positioned to capitalise on strong market conditions Residential NET SALES BY STATE 2,036 2,000 1,891 1,799 • 3Q21 sales of 1,891 lots ahead of expectations and 69% above pcp 1,670 382 1,561 1,535 324 327 1,500 1,337 1,350 1,375 • Continued sales momentum over February 2021 and Marc
Slide 5: Supply and demand outlook for detached housing
3Q21 UPDATE Supply and demand outlook for detached housing Vacant land market to remain supply constrained SUPPLY-DEMAND BALANCE FOR DETACHED DWELLINGS1,2 - AUSTRALIA • Detached dwelling segment (vacant land) to reach equilibrium in 2021 post a prolonged period of undersupply¹ Net Balance (LHS) Deta
Slide 6: Leveraging housing market strength
3Q21 UPDATE Leveraging housing market strength Retirement Living Strong established sales performance • 3Q21 established net sales of 190 units reflects the strongest quarter in over 4 years • Result reflects the increased appeal of village living and improving residential market conditions Continue
Slide 7: Commercial Property
ARTIST IMPRESSION OF AFFINITY PLACE, NORTH SYDNEY, NSW 3Q21 UPDATE Commercial Property 7
Slide 8: Continued improvement in performance
3Q21 UPDATE Continued improvement in performance Retail Town Centres • Improving productivity and rent collection demonstrates the resilience of our portfolio, the TO 31 MARCH 2021 TOTAL PORTFOLIO3 COMPARABLE CENTRES4 success of our rebasing and remixing strategy and the location of our assets with
Slide 9: Solid operational metrics
3Q21 UPDATE Solid operational metrics Workplace 3Q21 1H21 9 months ended 6 months ended 31 March 2021 31 December 2020 • Portfolio occupancy1 of 94.1% and expiry profile of 2.7 years are aligned to the Leases executed 3,231sqm 2,797sqm redevelopment strategy • $2.6bn2,3 future development pipeline t
Slide 10: Outlook
3Q21 UPDATE Outlook1 NEWPORT, QLD Key priorities FY21 guidance • Seamless leadership transition with new MD&CEO to commence 1 June 2021 We continue to target: • Optimise customer experience, continue strong focus on safety and wellbeing • FFO per security of 32.5c to 33.1c, currently trending toward
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 While every effort is made to provide accurate and complete inform