Centuria Capital : CNI HY22 Results Presentation

09 FEBRUARY 2022

ASX: CNI

only	LISTED: 56-88 LISBON STREET, FAIRFIELD, NSW
LISTED: 101 MORAY STREET, SOUTH MELBOURNE, VIC
		Centuria
		Capital Group
		HY22 RESULTS
use	UNLISTED: OMNIA SHOPPING CENTRE, POTTS POINT, NSW
UNLISTED: (HERITAGE PORTFOLIO) CARTERHOUSE LIFECARE, NZ
nal
UNLISTED: ROBINA HOME + LIFE CENTRE, VARSITY LAKES, QLD	UNLISTED: MOORA ALMOND ORCHARD, RIVERINA, NSW

74 NEWTON ROAD, WETHERILL PARK, NSW

WETHERILL PARK, NSW

onlyuse	8 HEXHAM PLACE, WETHERILL PARK, NSW
nal

164 NEWTON ROAD, WETHERILL PARK, NSW

160 NEWTON ROAD, WETHERILL PARK, NSW

AGENDA

1. Group Overview
2. Financial Results
3. Divisional Overview
4. Strategy & Outlook
5. Appendices

ACKNOWLEDGEMENT OF

COUNTRY

Our group manages property throughout Australia and New Zealand. Accordingly, Centuria pays its respects to the traditional owners of the land in each country, to their unique cultures and to their elders past and present.

ASX:CNI

only	Group Overview
use	SECTION ONE
nal
UNLISTED: FLAVORITE GLASSHOUSE, WARRAGUL, VIC

A leading Australasian real estate funds manager

Included in the S&P/ASX200 Index

use only

$4.0bn

CENTURIA

INDUSTRIAL REIT

ASX:CIP

$20.2bn GROUP AUM1

$19.3bn REAL ESTATE AUM

$6.7bn	$12.6bn
LISTED REAL ESTATE	UNLISTED REAL ESTATE

$2.4bn	$0.3bn		$8.4bn		$2.0bn	$2.2bn
CENTURIA	ASSET PLUS		SINGLE		MULTI ASSET	MULTI ASSET
OFFICE REIT	LIMITED		ASSET		CLOSED ENDED	OPEN ENDED
ASX:COF	NZX:APL		FUNDS		FUNDS	FUNDS

$0.9bn

INVESTMENT BONDS

CENTURIA LIFE

CENTURIA

INVESTMENT BONDS

GUARDIAN FRIENDLY

SOCIETY

$1.1bn

ON BALANCE SHEET

$241m

CASH & UNDRAWN DEBT

					CENTURIA OFFICE
	-COLISTED	INVESTMENTS			(ASX:COF)
			$264m (19.0%)2
					CENTURIA INDUSTRIAL
					(ASX:CIP)
					$429m (16.2%)2
					ASSET PLUS
$714m		(NZX:APL)
	$21m (19.9%)2
					PRIMEWEST UNLISTED
	COUNLISTED- INVESTMENTS			REAL ESTATE
			$50m
					CENTURIA UNLISTED
					REAL ESTATE AND DEBT
					$149m
					CENTURIA PROPERTIES
$273m		HELD FOR DEVELOPMENT
	$74m

nal
Note: Assets under management (AUM) as at 31 December 2021. All figures above are in Australian dollars (currency exchange ratio of AU$1.000:NZ$1.0617 as
t 31 December 2021). Numbers presented may not add up precisely to the totals provided due to rounding
1.	AUM includes assets exchanged to be settled, cash and other assets
2.	B sed on the respective close prices for COF, CIP and APL at Wednesday, 31 December 2021. Includes ownership by associates of Centuria Capital Group

ASX:CNI | 4

Delivering strong growth and creating value across the platform

only	$20.2bn		14.5cps	11.0cps
Group		Upgraded FY22	FY22 DPS
	AUM		OEPS guidance1	guidance
	16% above FY21		+20.8% increase	+10% increase
			above FY21 OEPS	above FY21 DPS
use	7.4cps
HY22 OEPS3
+19.4% increase above HY21
	5.5cps		$2.5bn	$2.2bn
	HY22 gross real estate	Development
	HY22 DPS		acquisition activity4	pipeline5
nal	+22.2% increase above HY21
		3. Operating EPS (OEPS) is calculated based on the Operating NPAT of the Group divided by
1. Previous FY22 operating EPS guidance of 13.2cps as provided on 11 August 2021
2. Source: Moelis Australia. Based on movement in security price from ASX closing on 31		the weighted average number of securities
December 2020 to ASX closing on 31 December 2021 plus distributions per security paid		4. Includes $1,060m of acquisitions exchanged and settled in HY22, $1,087m of new
during the respective period(s) assuming re-investment of all distributions. Past performance	acquisitions exchanged in HY22 yet to be settled and $328m of real estate debt transactions
is not a reliable indicator of future performance		5. Development projects and development capex pipeline, including fund throughs

37.9%

12 month total

securityholder return2

S&P/ASX200 Index +17.2%

S&P/ASX200 AREIT Index +26.1%

$0.6bn

HY22 valuation

increase

ASX:CNI | 5