Goodman Group · ASX:GMG
Goodman — Investor Presentation (June 2017)
26 slides from Goodman's investor presentation, Jun 16, 2017
Slide 1: Group and regional strategy update
Group and regional strategy update Date 16 June 2017 Release Immediate Goodman Group (Goodman or Group) advises that it will host an institutional investor and analyst update today. The attached presentation was issued as a supporting document for the briefing. Ends - For further information, please
Slide 2: For more information: www.goodman.com
For more information: www.goodman.com
Slide 3: Investor Group Update
InvestorGroup Goodman Update Operational and Strategy Update 11 June 2015 16 June 2017
Slide 4: 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) Limited (Company Number 1700359; AR
Slide 5: Contents
Contents + Section 1 Group overview + Section 2 Regional updates + Section 3 Investment management + Section 4 Oakdale
Slide 6: Section 2 Regional updates
Section 2+ Regional updates Centenary Distribution Centre, Australia
Slide 7: Australia: Strategic initiatives
Strategic initiatives Snapshot¹ + Maintain geographic focus on Sydney + Developing product still the best way to ensure quality + Asset sales funding development Assets under management A$13.6bn + Focus on acquisitions in infill locations Stabilised properties 161 + Maintain low leverage across the
Slide 8: Australia development and leasing examples
Development Development Leasing Leasing X Oakdale Industrial Estate, Eastern Creek, NSW Chifley Business Park, Mentone, VIC Customer Iron Mountain Customer Coca Cola Amatil (CCA) Lettable area 19,500 sqm Lettable area 35,466 sqm Lease term 15 years Lease term 5 years + Purpose built facility for Iro
Slide 9: New Zealand: Strategic initiatives
Strategic initiatives Snapshot¹ + Investment focused on Auckland industrial market + Refinement of portfolio quality with asset recycling funding new Assets under management A$2.6bn development activity 99% Stabilised properties 13 + Completing build out of Highbrook Business Park is a key objective
Slide 10: New Zealand development, leasing and asset recycling
Development Development Leasing Asset recycling Stage 2 WIP Stage 1 Completed X Savill Link, Auckland Millennium Office Estates, Auckland Customer Coda Sale price NZ$210 million 4,980 sqm warehouse expansion with additional Lettable area 42,895 sqm of space across 7 buildings Lettable area 7,360 sqm
Slide 11: Asia: Strategic initiatives
Strategic initiatives + Concentrated investment focus on Beijing, Shanghai, Tokyo, Osaka, Hong Kong + Continuation of the asset rotation program + New development activity to be undertaken primarily in Partnerships, and typically larger project size + Gearing likely to remain at the lower end of tar
Slide 12: Asia development and leasing examples
Leasing Development Development Wujiang Distribution Centre, Greater Shanghai Goodman Akamatsudai, Greater Osaka Customer 3PL provider Customer Marubeni / ASICS Lettable area 74,000 sqm Lettable area 51,000 sqm + Strategically located west of Shanghai, with + 100% pre leased prior to construction su
Slide 13: Continental Europe: Strategic initiatives
Strategic initiatives Snapshot¹ + Asset rotation program continuing concentrating on key cities in Germany, France Benelux and Poland 7% Assets under management A$5.2bn + Proceeds from asset sales primary funding for Stabilised properties 125 51% 13% acquisitions of new product from the Group 4% + M
Slide 14: Europe development and leasing examples
Development Development Leasing Development & Leasing Marl, Germany Lauwin-Planque, France X Customer Metro Customers Amazon & Log’S Lettable area 235,942 sqm Lettable area 30,026 sqm (Amazon II) & 55,688 sqm (Log’S) Lease term 10 years Lease term 8.4 years & 6 years + Customer switch and new develo
Slide 15: United Kingdom: Strategic initiatives
Strategic initiatives + Target long term opportunities in the M1/M6 corridor and within London /M25 + Opportunistic focus on acquisitions + Continue to work through existing land bank, extracting highest and best use where possible South East + Development to be undertaken primarily within the Midla
Slide 16: UK development and leasing examples
Development Development Leasing Lyons Park, Coventry Northampton Commercial Park, Northhampton X Customer Amazon Customer Clipper Logistics and Amazon Lettable area 43,660 sqm Lettable area 43,290 sqm Lease term 15 years Lease term 10 years + Purpose built cross dock facility for Amazon, + New devel
Slide 17: North America: Strategic initiatives
Strategic initiatives + Pursue opportunities primarily in LA, Inland Empire, Pennsylvania and New Jersey + Remain focused on monetising the existing landbanks + Maintain focus on development land opportunities and infill as the best way to access high quality real estate 7% Business drivers + Key in
Slide 18: North America development and leasing examples
Developmen Development Leasing Leasing t Goodman Commerce Centre, Eastvale Goodman Logistics Centre, Santa Fe Springs X Customer Amazon Customer E-commerce customer Lettable area 93,618 sqm Lettable area 27,452 sqm Lease term 15 years Lease term 7 years + Second 1.0m sqft distribution centre buildin
Slide 19: Brazil: Strategic initiatives
Strategic initiatives + Focus on the Gateway cities of São Paulo and Rio de Janeiro + Target selective acquisition of assets in prime infill locations + Leverage Goodman expertise on developing quality projects for international customers Business drivers + Take advantage of the countercyclical mark
Slide 20: Brazil development and stabilised examples
Development Stabilised Development Leasing Goodman Betim, Minas Gerais Goodman ABCD 1, Sao Paulo Customer Walmart Customer Speculative Lettable area 62,587 sqm Lettable area 26,177 sqm Lease term 12 years + Speculative development on São Bernardo do Campo – Sao Paulo + Build to suit facility for Wal
Slide 21: Section 3 Funds management
Section 3+ Funds management Nick Kurtis, Group Head of Equities Centenary Distribution Centre, Australia
Slide 22: Asset and investment strategy; capital management
Development Urban renewal + Asset and investment strategyLeasing – Focus on ‘gateway cities’ – Minimise exposure to low barrier entry markets for long term hold – Core assets currently expensive in most markets – Development and asset repositioning remains the main method to undertake investment – M
Slide 23: Section 4 Oakdale Industrial Estate
Section 4 – Oakdale Industrial Estate Development Leasing Urban renewal X X X 21
Slide 24: Oakdale Industrial Estate
Development Leasing + Oakdale Industrial Estate is an emerging precinct Urban ideally located within western Sydney’s logistics hub of renewal Eastern Creek. It offers direct access to the M4 and M7 Motorways and unrivalled connections to the greater Sydney metropolitan areas + Oakdale Industrial Es
Slide 25: Development Leasing Urban renewal
Development Leasing Urban renewal X X X 23
Slide 26: Thank you
thank+you