Stockland · ASX:SGP
Stockland — Corporate Update (October 2019)
14 slides from Stockland's corporate update, Oct 21, 2019
Slide 1: 1Q20 Update
Communities 1Q20 Update Property Commercial 3 months to 30 September 2019 21 October 2019 Outlook M_Park, SYDNEY Artist impression
Slide 2: Agenda
Agenda Key highlights Communities Communities Property Commercial Commercial Property Outlook Outlook STOCKLAND BURLEIGH HEADS, QLD Figures are rounded to nearest million, unless otherwise stated. Percentages are calculated based on the figures rounded to one decimal place throughout this presentati
Slide 3: Key highlights
Key highlights update Group 3 months to 30 September 2019 Priority Update • Sales moderately above expectations in the quarter, on track to Communities Creating vibrant Residential deliver over 5,000 lot settlements in FY20 communities focussing on owner occupiers • Net reservations increased by 9.7
Slide 4: Communities
Communities BARINGA, QLD 4
Slide 5: Sales activity reflects improving market conditions
Sales activity reflects improving market conditions Residential Communities NET DEPOSITS BY STATE - QUARTERLY 1,672 1,561 1,535 • On track to achieve over 5,000 settlements in FY20, including 419 around 500 townhomes 348 1,337 269 1,293 • Net deposits of 1,149 for 1Q20 moderately above Property Comm
Slide 6: Enquiry levels improving
Enquiry levels improving Residential TOTAL ENQUIRY BY STATE Communities 1,800 1,800 1,600 NSW 1,600 QLD 1,400 1,400 • Enquiry levels improving following the Federal 1,200 1,200 election and interest rate cuts 1,000 1,000 800 800 • Price stabilised across the portfolio with NSW 600 600 showing early
Slide 7: Established sales increasing with improving market conditions and strategy execution
Established sales increasing with improving market conditions and strategy execution Retirement Living Communities NET RESERVATIONS – QUARTERLY1 9.7%1,2 growth in 1Q20 on prior corresponding period • Established sales increasing with the improving housing market • Net reservations for existing units
Slide 8: Commercial Property
Commercial Property 8 Stockland STOCKLAND 1Q20 update BARINGA, QLD
Slide 9: Improving retail sales performance
Improving retail sales performance Retail Town Centres Portfolio Retail Sales MAT3 growth Period to 30 September 2019 Total4 Comparable1 PERFORMANCE Communities Total 5.2% 2.6% • Improving retail sales reflect remixing to growth categories and reduced new Specialties 5.6% 2.1% supply of retail space
Slide 10: Growing capital allocation
Growing capital allocation Workplace and Logistics Workplace FY20 YTD FY19 WORKPLACE Leases executed 1,360 sqm 30,400 sqm • 99% occupancy in Sydney CBD and 100% in North Sydney Communities Leases under HOA1 6,040 sqm 960 sqm • Enquiry levels in Perth increasing Portfolio occupancy2 93.8% 94.7% • Por
Slide 11: Growing Logistics portfolio
Growing Logistics portfolio PORTFOLIO GROWTH SINCE 31 DEC 2013 DRIVING GROWTH THROUGH DEVELOPMENT AND CAPITAL PARTNERING • 92% increase in asset value1 Development Communities • WALE improved from 3.2 years to 5.3 years M_Park Business Campus, NSW • Occupancy improved from 94.9% to 95.7% • 3Ha site
Slide 12: Outlook
Communities Commercial Outlook Property MINTA FARM, VIC Outlook 12
Slide 13: FY20 outlook
FY20 outlook1 Communities Commercial Commercial Disciplined focus on execution of strategy Property Commercial Property Residential Retirement Living Guidance Property Group 1%+ comparable FFO >5,000 lot >850 established and $8m pa savings Forecast flat FFO per Communities growth settlements develop
Slide 14: 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