Dexus Convenience Retail Reit · ASX:DXC

Dexus Convenience Retail Reit — APN Property Group — Microequities Rising Stars Conference 2016

15 slides from Dexus Convenience Retail Reit's conference presentation, Jul 5, 2016

  1. Slide 1: Microequities Rising Stars Conference Investor Presentation

    MICROEQUITIES RISING STARS CONFERENCE INVESTOR PRESENTATION 5 JULY 2016 www.apngroup.com.au ASX Code: APD

  2. Slide 2: Important Notice and Disclaimer

    Important Notice and Disclaimer This investor presentation (Presentation) has been prepared by APN Property Group Limited (ACN 109 846 068) (APN). Summary information This Presentation contains summary information about APN. The information in this Presentation is of general background and does not

  3. Slide 3: What APN Property Group does…

    What APN Property Group does… 3

  4. Slide 4: Overview: Specialist Real Estate Investment Manager

    Overview APN PROPERTY GROUP IS A SPECIALIST Overview REAL ESTATE INVESTMENT MANAGER: COMMERCIAL PROPERTY The Marketplace, Auburn NSW Philosophy PROPERTY FOR INCOME Coburg Hill Shopping Centre, Coburg North VIC INVESTMENT OUTSTANDING Approach PERFORMANCE SERVICE APN Property Plus Portfolio 4

  5. Slide 5: Business Model

    Strategy Investors Management services + Business Model Co-investments Funds APN Fees + Property Investment income Investments Objective: building shareholder value… › Specialist expertise  Grow FUM through delivering for our clients COMPETITIVE Increase scale  Larger / more profitable funds Strat

  6. Slide 6: Commercial property in Australia – long term performance

    Commercial property in Australia – long term performance Australian commercial property (excludes residential) has delivered a total return of 11.3 % pa since December 1984 to June 2015 (over 30 years) 2,500 2,000 1,500 Index value 1,000 500 0 Dec 1985 Dec 1990 Dec 1995 Dec 2000 Dec 2005 Dec 2010 De

  7. Slide 7: Commercial property investment – fundamental attributes we look for

    Commercial property investment – fundamental attributes we look for  Location  Tenant strength  Lease length  Real assets – replacement value and alternate use  Real cash yields – leasing incentives, capital expenditure, purchase price  Appropriate borrowing levels 7

  8. Slide 8: Example: Industria REIT

    Example: Industria REIT Overview  16 Industrial, Business and Technology Park properties  Located Sydney, Melbourne, Adelaide, Brisbane  Relatively new portfolio  Conservative capital structure: gearing 30-40%  Attractive distribution yield  Minimum investment: ASX listed 140 Sharps Road, Tull

  9. Slide 9: Example: APN AREIT Fund

    Example: APN AREIT Fund  Diversified portfolio of AREITs  Highly rated by leading independent researchers  Distribution yield of ~5.7%1 pa paid monthly  Achieved $1.2bn in FuM as at 30 June 2016  Outperformed benchmark over 1, 3 and 5 year time periods  306 bps outperformance vs. AREIT index s

  10. Slide 10: What’s driving our business?

    What’s driving our business? Attractive Industry Dynamics and Market Position Australian superannuation assets $2.0 trillion1; Projected superannuation assets to 2033 1 forecast to grow to $3 trillion by 20202 Income-orientated investment products attractive: 2 low rate environment Source: Deloitte

  11. Slide 11: Boards and Management team

    Boards and Management team Experienced real estate team, Independent Boards Board of Directors (APN Property Group Limited) Management Team Chris Aylward  Over 30 years experience in property and construction industry Executive Chairman  Founding director of Grocon Pty Limited Chris Aylward  Resp

  12. Slide 12: Funds Under Management ($ million)

    Funds Under Management ($ million) As a result of transactions announced 27 June 2016 APN is forecast to be debt free with approximately $73 million in cash on completion 439 2,379 2,227 2,128 2,147 2,023 1,787 Dec 2013 Jun 2014 Dec 2014 Jun 2015 Dec 2015 Jun 2015¹ 1: Proforma FuM from continuing op

  13. Slide 13: Share price performance

    Share price performance 12 month share price performance $0.55 APD 35.1% p.a. $0.50 S&P/ASX Small Ordinaries (rebased) $0.45 S&P/ASX 200 (rebased) $0.40 9.0% p.a. $0.35 -5.1% p.a. $0.30 $0.25 $0.20 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 Apr 2016 May

  14. Slide 14: Financial Summary

    Financial Summary Overview Share Price and Volume  Listed on ASX (Code: APD) $0.55 16.00m Volume (RHS)  Melbourne-based specialist real estate investment manager 14.00m Volme (Daily Shares Traded) $0.50 Price (LHS) 12.00m  Established 1996, listed 2005 $0.45 10.00m Share price  Over $2.1 billion

  15. Slide 15: Contact details

    Contact details APN Property Group Limited Follow @apngroup Tim Slattery Executive Director Ph: (03) 8656 1000  [email protected] ASX Code: APD APN Property Group Limited Level 30,101 Collins Street, Melbourne, Vic 3000 apngroup.com.au 15

APN Property Group — Microequities Rising Stars Conference 2016 on 6ix