Vicinity Centres Re : Perth Investor day and asset tours
June 07, 2017 at 04:13 am
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Halls Head Central, WA
Perth Investor day and asset tours
7-8 June 2017
Welcome and
overview
Angus McNaughton
CEO and Managing Director
Galleria, WA
Perth Investor day and asset tours
Agenda
12.15
WEDNESDAY 7 JUNE
8.00
THURSDAY 8 JUNE
Welcome and overview
Angus McNaughton CEO and Managing Director
Depart Crown Metropol
16.30
15.00
Asset tour - Mandurah Forum
James Fudge Project Director, WA
Richard Terhorst RGM Shopping Centres, WA
Jacqueline McKenzie Centre Manager
WA economy
Stephen Koukoulas Managing Director, Market Economics
WA portfolio
Michael O'Brien Chief Investment Officer
Asset tour - Halls Head Central Stephen Beer Development Director, WA/SA Richard Terhorst RGM Shopping Centres, WA
Leasing
Stuart Macrae EGM Leasing
Asset tour - Galleria
Andrew Weston RGM Development, WA Richard Terhorst RGM Shopping Centres, WA Mike Barrington Centre Manager
Development update
Carolyn Viney EGM Development
WA developments
Mandurah Forum James Fudge Project Director, WA
Galleria Andrew Weston RGM Development, WA
DFO Perth Stephen Beer Development Director, WA/SA
Asset tour - Ellenbrook Central Stephen Beer Development Director, WA/SA Richard Terhorst RGM Shopping Centres, WA Graham Hahn Regional Manager, WA
Presentations conclude
Angus McNaughton CEO and Managing Director
Asset tour - DFO Perth
Stephen Beer Development Director, WA/SA
Sally Ockenden Development Manager, WA
17.30
Dinner
Vicinity Centres | Perth Investor day and asset tours | 7-8 June 2017 3
Our Strategy: simple and transparent business model with a single sector focus
Creating value and sustainable growth by owning, managing and developing quality Australian retail assets
85 centres
under management
$24.5b
assets under management
~8,700
tenants
~3,200
retailer relationships
$17.8b
moving annual turnover
2.8m sqm
gross lettable area
Group investment principles
Simple and transparent business model, with a single sector focus Invest in quality Australian assets across the retail spectrum
Focus on long-term value creation and sustainable earnings growth Strong balance sheet with access to diverse capital sources Efficient cost structure and low management expense ratio
Key financial objectives ('through cycle' basis)
Group level
Target
Total return
>9.0% p.a.
Underlying EPS growth
>3.0% p.a.
Portfolio level
Target
Property level returns
>8.5% p.a.
Development returns
Initial yield 6% to 8+%
Incremental IRR 10% to 15+%
Note: Data as at 31 December 2016.
Vicinity Centres | Perth Investor day and asset tours | 7-8 June 2017 4
Vicinity Centres published this content on 07 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 June 2017 03:13:16 UTC.
Original documenthttp://www.vicinity.com.au/media/646001/170607-investor-day.pdf
Public permalinkhttp://www.publicnow.com/view/E261B947D5CFD0F57463CF4B51C568E31B45E258
Vicinity Centres is an Australia-based company that is engaged in investment in a portfolio of retail investment properties. The Company owns and manages retail destinations across Australia and offer a range of retail, residential, and office spaces. The Company has direct Portfolio with interests in 59 shopping centers, including the DFO Brisbane business and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Company. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include 1 Middle Road, Chadstone, Bankstown Central, 12 Balmoral Walk, Bayside, Box Hill Central, Box Hill, and Chatswood Chase Sydney. The Company also offers a range of retail solutions, such as advertising, brand activations, leasing, and pop-up retail.