ceo and managing director’s presentation susan...
TRANSCRIPT
by mirvacSUSAN LLOYD-HURWITZCEO and Managing dirECtOr, MirvaC grOup
CEO and Managing dirECtOr’s prEsEntatiOn
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 01
by mirvacCEO & Managing director’s presentation
Yarra’s EdgE, viC
Yarra’s EdgE, viC
arraY, viC arraY, viC
artisit’s impression
artisit’s impression
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 02
by mirvac
EnCLavE, viC
EnCLavE, viC EnCLavE, viC EnCLavE, viC
CEO & Managing director’s presentation
artisit’s impression
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 03
by mirvacCEO & Managing director’s presentation
367 COLLins, viC 477 COLLins, viC699 BOurKE, viC
artisit’s impression artisit’s impression
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 04
by mirvacCEO & Managing director’s presentation
Please click here to view the video.
by mirvacstrategic review
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 05
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 06
by mirvacMirvac’s vision
Setting the standard as a world-class Australian property group that attracts the best
FocusedDeploying capital with discipline
and in alignment with our directional
mandates
diversiFiedMaintaining an appropriate balance of passive and active invested
capital through cycles, retaining capability across four sectors
integratedLeveraging our integrated model to create, own, manage
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 07
by mirvacMirvac’s future office portfolio
Strategic future direction: create and buy prime CBD assets.
8 CHiFLEY, nsW 699 BOurKE, viC trEasurY BuiLding, Wa
artisit’s impression artisit’s impression
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 08
by mirvacMirvac’s future retail portfolio
Strategic future direction: unlock value in retail portfolio
BrOadWaY, nsW KaWana sHOppingWOrLd, QLd stanHOpE gardEns, nsW
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 09
by mirvacMirvac’s future industrial portfolio
nEXus HOXtOn
Strategic future direction: create on an opportunistic basis
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 10
by mirvacMirvac’s future residential business
Strategic future direction: create and sell
HarOLd parK, nsW WatErFrOnt nEWstEad, QLd tHE pOint, Wa
artisit’s impression
by mirvacq operational update
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 11
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 12
by mirvacQ1 snapshot
n FY14 operating Eps guidance of 11.7 to 12.0cpss maintainedn s&p credit rating upgrade from BBB to BBB+n Completed 7 year $200m Mtn issuancen Mpt continues to deliver strong metrics: – Occupancy increased to 98.3% 1
– 5.0 year WaLE 2
–81.2%leasedat8ChifleyfollowingQuantiumlease 3
–44officeleasingdealscompletedduringthequartern development activity building momentum: – achieved 321 residential lot settlements; on track to
achieve >2,200 lots for FY14 – $1,162.0m 4 in exchanged pre-sales contracts, $247.0m secured in Q1 – On track to achieve >10% development rOiC in FY14n appointment of shane gannon as CFO
1) By area, excluding assets under development, based on 100% of building nLa.2) Byincome,excludingassetsunderdevelopment,basedonMPT’sownership.3) Quantiumleaseat8Chifley,NSWsigned21October2013.4) total exchanged pre-sales contracts as at 30 september 2013, adjusted for Mirvac’s share of Jvs, associates and Mirvac managed funds.
Mirvac Group annual General & General MeetinGs i 14 noveMber 2013 i paGe 13
by mirvac
by mirvacThank you