Stockland · ASX:SGP

Stockland — Corporate Update (September 2006)

32 slides from Stockland's corporate update, Sep 21, 2006

  1. Slide 1: Apartments Update

    APARTMENTS UPDATE 21 September 2006 1

  2. Slide 2: Hugh Martin, National General Manager, Apartments

    HUGH MARTIN National General Manager, Apartments 2

  3. Slide 3: Strategic Direction

    STRATEGIC DIRECTION Stockland’s approach has been to focus on: • Discerning buyers/owner occupiers • Large scale/mixed use • Premium location/tight supply • Organic entry strategy • Divisional contribution 3

  4. Slide 4: Rob Ellis, General Manager, Research

    ROB ELLIS General Manager, Research 4

  5. Slide 5: Demand Drivers - Apartments

    DEMAND DRIVERS - APARTMENTS Residential Vacancy Rates Rental Growth 4 Qtr Average % yoy Two Bedroom Units 6% 30% 25% 5% Brisbane P erth Perth 20% M elbourne 4% 15% Melbourne Brisbane 10% 3% 5% 2% 0% Sydney -5% Sydney 1% -10% 0% -15% Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 J

  6. Slide 6: Demand Drivers - Apartments (Purchaser Sentiment)

    DEMAND DRIVERS - APARTMENTS Purchaser Sentiment Purchaser Sentiment 60 Time to Buy a Dwelling Survey & Sale of Houses & Apartments NSW yo y% 80 80% 50 60 60% 40 30 40 40% 20 Index 20 20% 10 0 0 0% -10 TB DI (LHS) -20 -20% -20 NSW QLD / VIC / WA Ho use and A partment -40 Sales -40% -30 Jun-00 Jun-01

  7. Slide 7: Supply Drivers - Apartments

    SUPPLY DRIVERS - APARTMENTS Apartment Commencement Apartment Commencement per Household Per Household Change 4.0 Mar-03 Jun-06 3.5 Level Percentage 3.0 Brisbane Sydney 2.30 1.55 -0.8 -33% 2.5 Sydney Melbourne 2.0 1.67 1.13 -0.5 -32% 1.5 Brisbane 2.21 1.98 -0.2 -10% 1.0 Perth 1.11 1.21 0.1 9% Perth 0

  8. Slide 8: Hugh Martin, National General Manager, Apartments

    HUGH MARTIN National General Manager, Apartments 8

  9. Slide 9: Operating Platform

    OPERATING PLATFORM APARTMENTS BUSINESS UNIT • National function ensures consistency NSW/ACT QLD VIC • Cross divisional focus URBAN ACQUISITIONS • Focus on group DESIGN collaboration URBAN DESIGN DESIGN URBAN OPERATIONS DESIGN URBAN URBAN MARKETING DESIGN DESIGN 9

  10. Slide 10: Core Capabilities - The Stockland Wave

    CORE CAPABILITIES THE STOCKLAND WAVE Acquisition Design Marketing Operations 10

  11. Slide 11: Matthew Mears, GM Acquisitions and Business Development

    MATTHEW MEARS General Manager, Acquisitions and Business Development, Development Division 11

  12. Slide 12: Acquisitions

    ACQUISITIONS • Acquisition Strategy • Target Markets • Strong Pipeline • Sustainable Growth 12

  13. Slide 13: John Taylor, Design Manager, Apartments

    JOHN TAYLOR Design Manager, Apartments 13

  14. Slide 14: Design

    DESIGN • Design Approach • Innovation • Customer Focus • Sustainability 14

  15. Slide 15: David Bedingfield, National Operations Manager

    DAVID BEDINGFIELD National Operations Manager, Apartments 15

  16. Slide 16: Operations

    OPERATIONS • Stockland wave • People • Architects, consultants, builders 16

  17. Slide 17: Helen Wright, Marketing Manager, Apartments

    HELEN WRIGHT Marketing Manager, Apartments 17

  18. Slide 18: Marketing

    MARKETING • Capabilities • Marketing approach • Customer focus 18

  19. Slide 19: Hugh Martin, National General Manager, Apartments

    HUGH MARTIN National General Manager, Apartments 19

  20. Slide 20: Settlement Pipeline - Existing Projects

    SETTLEMENT PIPELINE Existing Projects As at September 2006 20

  21. Slide 21: Allisee

    ALLISEE Gold Coast Project Value: $269m Units: 252 Current Status: Stage 1 under construction

  22. Slide 22: Koko

    KOKO West End, Brisbane Project Value: $94m Units: 112 Current Status: 60% developed

  23. Slide 23: Bethany

    BETHANY Norman Park, Brisbane Project Value $63m Units: 37 Current Status: Early planning phase

  24. Slide 24: Eagle Street Pier

    EAGLE STREET PIER Brisbane Project Value: $300m Units: In planning Current Status: Early planning phase

  25. Slide 25: Waterfront

    WATERFRONT Canberra Project Value: $117m Units: 108 Current Status: 50% developed

  26. Slide 26: Tooronga

    TOORONGA Melbourne Project Value: $448m Units: 547 Current Status: Early planning phase

  27. Slide 27: The Village

    THE VILLAGE Balgowlah, Sydney Project Value: $296m Units: 274 Current Status: Awaiting final DA approval

  28. Slide 28: Elysium

    ELYSIUM Gordon, Sydney Project Value: $113m Units: 148 Current Status: Early planning phase

  29. Slide 29: The Hyde

    © Stockland THE HYDE Sydney OEE CRETE a

  30. Slide 30: Prince Henry

    PRINCE HENRY Little Bay, Sydney Project Value: $440m Units: 427 Current Status: Under Construction

  31. Slide 31: Summary

    SUMMARY Hugh Martin • Clear strategy • Create sustainable business streams • Deliver meaningful contributions • Core capabilities 31

  32. Slide 32: Disclaimer

    DISCLAIMER Corporation/ Responsible Entity Stockland Corporation Limited ACN 000 181 733 Stockland Trust Management Limited ACN 001 900 741 16th Floor 157 Liverpool Street SYDNEY NSW 2000 Disclaimer of Liability: While every effort is made to provide accurate and complete information, Stockland does

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