Growthpoint Properties Australia · ASX:GOZ
Growthpoint Properties Australia — Shareholder Meeting (November 2023)
21 slides from Growthpoint Properties Australia's shareholder meeting presentation, Nov 16, 2023
Slide 1: 2023 Annual General Meeting – Chair and Managing Director Address and presentation
16 November 2023 2023 Annual General Meeting – Chair and Managing Director Address and presentation Growthpoint Properties Australia (Growthpoint, the Group) is pleased to attach a copy of the Chair’s and Managing Director’s addresses and presentation to be delivered at the 2023 combined Annual Gene
Slide 2: Chair's Address
Chair’s Address Welcome to the meeting of the shareholders of Growthpoint Properties Australia Limited and a meeting of the unitholders of Growthpoint Properties Australia Trust, which are being held concurrently as a hybrid meeting in person and online. I am your Chair, Andy Fay. We have a quorum p
Slide 3: Chair's Address (continued)
This is my first “official” AGM at Growthpoint having been appointed as a Director in December 2022 and Chair in March this year following a three-month hand over period. I would like to take this opportunity to thank my predecessor Geoff Tomlinson for his nine years of outstanding contribution and
Slide 4: Managing Director's Address
Managing Director’s Address Thank you, Andy. And good morning to everyone here in the room and online. Today I will provide an overview of our business, a snapshot of the FY23 financial results including our key operational highlights, and the outlook for the year ahead. Growthpoint is a leading int
Slide 5: Managing Director's Address (continued)
the successful achievement of sustainability KPIs and targets. The KPIs will be measured against reductions in Scope 1, Scope 2 and Scope 3 emissions, and performance measured against the NABERS and GRESB ratings. We are very pleased with our first quarter of FY24, especially on the leasing front, w
Slide 6: AGM. November 2023
2023 AGM. 16 November 2023 space to thrive.
Slide 7: Board of Directors and Executive Management
Growthpoint Properties Australia Board of Directors and Executive Management. Andrew Fay Timothy Collyer Estienne de Klerk Grant Jackson Deborah Page AM Dion Andrews Michael Green Independent Chair Managing Director Director Independent Director Independent Director Chief Financial Officer Chief Inv
Slide 8: Agenda
Agenda. – Chair’s address – Managing Director’s address – Formal business 3 Growthpoint Properties Australia – 2022 Annual General Meeting
Slide 9: How to participate online – written and verbal questions
How to participate online Online attendees – written and verbal questions • To ask a written question select the ‘Q & A’ icon • Select the topic your question relates to from the drop-down list • Type your question in the text box and press ‘Send’ • To ask a verbal question, follow the instructions
Slide 10: How to participate online – voting
How to participate online Online attendees – voting • When the Chair declares the poll open select the ‘Vote’ icon • The voting options will appear on your screen Item 2: Remuneration report – Company only • To vote, select your voting direction • A tick will appear to confirm receipt of your vote •
Slide 11: Chair's address
Chair’s address. Andrew Fay
Slide 12: Managing Director's address
Managing Director’s address. Timothy Collyer
Slide 13: FY23 portfolio snapshot
FY23 acquisitions and divestments 95% of portfolio leased FY23 portfolio to government, listed or snapshot. large private companies1 Office Industrial $165.0m 65% 35% Total Portfolio WALE 165-169 Thomas Street, assets occupancy Dandenong, VIC Property 58 93% 6.0yrs WALE: 9.4 years Major tenant: VIC
Slide 14: FY23 overview
100 Skyring Terrace, Newstead, QLD FY23 overview. Property Loss after tax Gearing portfolio value -$245.6m 37.2% $4.8b FY22: profit after tax $459.2m Target 35-45% 30 June 2022: $5.1b, -5.9% FFO Hedging Office portfolio $3.1b Industrial portfolio $1.7b 26.8cps 70.5% FY22: 27.7cps, -3.2% 30 June 2022
Slide 15: Strategy execution in FY23
Strategy execution Our goal is to provide Securityholders with sustainable income returns and in FY23. capital appreciation over the long term Invest in high- Maximise Maintain high FUM Disciplined capital quality Australian value occupancy Growth management assets Divested 333 Ann Street, 156,142 s
Slide 16: High-quality tenants
High-quality tenants. Office portfolio tenants as at 30 June 2023 % of portfolio income WALE Government 39% 10.3 years • Secure, defensive income streams from high-quality tenants with long WALE Listed company 46% 5.1 years Large private company 9% 4.3 years • Portfolio tenancy well diversified acro
Slide 17: Leading on sustainability
Leading on Average NABERS Energy rating sustainability. 5.2 stars Pathway to net zero 2025 ü Nearing completion on seven solar installations ü Announced target of ü Completed three solar (combined capacity: 458 kW, • Targeting one onsite solar net zero emissions installations (combined total portfol
Slide 18: 1Q24 update
1Q24 update. • Completed 13,139 sqm of office leasing, representing Portfolio lease expiry 2.6% of portfolio income Per financial year, by income, as at 30 September 2023 • Stable WALE of 6.0 years1 (30 June 2023: 6.0 years), with 15% Office FY23 Office 1Q24 occupancy of the directly owned portfolio
Slide 19: Investment proposition
Investment Leading ASX listed property group, led by established executive team with deep sector proposition. experience and a track record of performance and disciplined capital management Office Industrial Funds management Capital Management Largest ASX-listed owner Growth market with rising Exper
Slide 20: Important information
Important information. This presentation has been prepared by Growthpoint Properties Australia Limited (ACN 124 093 901) in its personal capacity and as responsible entity of Growthpoint Properties Australia Trust (ARSN 120 121 002) about the activities of Growthpoint Properties Australia (ASX: GOZ)
Slide 21: Growthpoint Properties Australia
GROW TFPOINT [G| PROPERTIES AUSTRALIA
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