1H19 Property Portfolio
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1H19 Property 31 December 2018 Portfolio Creating Sustainable Frog Park, AURA QLD Communities OUR PROPERTY PORTFOLIO STOCKLAND IS ONE OF About AUSTRALIA’S LEADING DIVERSIFIED PROPERTY GROUPS. WE’RE ACTIVE IN RETAIL, LOGISTICS, Stockland WORKPLACE PROPERTIES, RESIDENTIAL COMMUNITIES We have a long and proud history AND RETIREMENT LIVING VILLAGES. THIS PORTFOLIO of creating places that meet the IDENTIFIES ALL OF OUR needs of our customers and PROPERTIES ACROSS communities. AUSTRALIA. MORE INFORMATION ON STOCKLAND’S ACTIVITIES Ervin Graf, 1952 AND AN ONLINE VERSION OF THE PORTFOLIO DATA IS AVAILABLE AT WWW.STOCKLAND.COM.AU OUR STORY When Stockland was founded in 1952, Ervin Graf had a vision “to not merely achieve growth and profits but to make a worthwhile contribution to the development of our cities and great country”. Pursuing that vision has seen Stockland grow to become one of Australia’s largest diversified property groups. We develop and manage retail centres, logistics, workplace properties, residential communities and retirement living villages. With the benefit of our diverse property skills, we connect different types of properties in shared locations, to create places that inspire people to gather, to share and to live life. We recognise our responsibilities to the environment and are a leader in sustainable business practices. For over 65 years, we have worked hard to grow our portfolio of assets and projects. We have a long and proud history of creating places that meet Wetherill Park, NSW the needs of our customers and communities. Property Portfolio COMMERCIAL PROPERTY PORTFOLIO Retail Workplace Logistics (page 9) (page 25) (page 31) 37 properties 5 properties 29 properties 1,044,958 sqm GLA* 111,461 sqm NLA* 1,422,042 sqm GLA* Stockland’s ownership interests Stockland’s ownership interests Stockland’s ownership interests valued at $7.2 billion and gross valued at $0.8 billion and gross valued at $2.5 billion and gross book value of $7.7 billion book value of $1.3 billion book value of $2.7 billion * Reflects 100% interest * Reflects 100% interest * Reflects 100% interest COMMUNITIES UNLISTED PROPERTY FUNDS Residential Retirement Unlisted Communities Living Property Funds (page 45) (page 67) (page 83) 59 communities 65 established villages Funds under 81,300 lots remaining Over 9,600 units management End-market value Development pipeline of over $87.8 million approximately 2,300 units $23.0 billion Funds employed $1.6 billion STOCKLAND PROPERTY PORTFOLIO DECEMBER 2018 1 AUSTRALIA NEW SOUTH WALES Sydney Property CBD and Portfolio North Shore 601 Pacific Highway 110 Walker Street North Sydney 13 4 25 9 4 1 1 The Rocks 9 2 1 11 14 4 14 13 22 5 9 135 King Street/Glasshouse 12 25 Stockland Piccadilly KEY KEY Retail Retail Workplace Workplace Logistics Residential Communities Retirement Living 2 NEW SOUTH WALES NEW SOUTH WALES /ACT North/South Coast Greater Canberra and Sydney surrounds Tamworth Homespace E Queens Lake Village Camden View Village Aspire at Elara/Elara Altrove Stockland Forster Maybrook Village Golden Ponds Resort Waterside Castle Ridge Resort Anambah Stockland Baulkham Hills McKeachie’s Run Lourdes Retirement Village Forrester Distribution Centre The Willows Retirement Village Epping Stockland Green Hills Newcastle B C The Village Swansea Ryde Stockland Balgowlah 23 Wonderland Drive, Eastern Creek Chatswood North 89 Quarry Rd, Erskine Park Parramatta Sydney Wamberal Gardens Retirement Village Stockland Cammeray Granville Industrial Estate Stockland Merrylands The Cove Village Wetherill Park Distribution Centre Stockland Wetherill Park Yennora Distribution Centre Sydney Cardinal Freeman The Residences Sydney Macquarie Grove Retirement Village Waratah Highlands Village Coopers Paddock, Warwick Farm Sydney Airport Illawarra/West Dapto 2 Rosebery Stockland Shellharbour Bexley Gardens Shellharbour Retail Park Willowdale Retirement Village/Willowdale Stockland Nowra Smeg Distribution Centre Ingleburn Logistics Park ACT D Macarthur Gardens KEY B KEY C E Retail Macquarie Technology Park, Macquarie Park Retail Stockland Glendale Parklands Village Logistics 16 Giffnock Avenue, Macquarie Park Residential Communities Stockland Jesmond Lincoln Gardens Retirement Village Residential Communities Optus Centre, Macquarie Park Retirement Living D Bellevue Gardens Retirement Village Retirement Living 60–66 Waterloo Road, Macquarie Park Unlisted Property Funds Ridgecrest Village Triniti Business Park, North Ryde Red Hill STOCKLAND PROPERTY PORTFOLIO DECEMBER 2018 3 QUEENSLAND QUEENSLAND Greater Brisbane Gold Coast Caboolture West/Ripeford Promenade Newport Retirement Village/Newport G North Lakes Hope Island Foreshore Fig Tree Village Highland Reserve Oxenford Stockland Pacific Pines Southport Farrington Grove Retirement Estate Hendra Distribution Centre Export Distribution Centre Surfers Paradise Benowa Gardens Brisbane Toowong Mixed Use Casino Towers Stockland Cleveland Burleigh Heads/Burleigh Central Greenleaves Retirement Village Burleigh Heads Salford Waters Retirement Estate Willawong Distribution Centre Pine Lake Village Ipswich Pallara Kalina Sovereign Pocket Vale Augustine Heights Yatala Distribution Centre Paradise Waters KEY G KEY Logistics North Lakes Retail Residential Communities North Lakes Business Park Residential Communities Retirement Living North Lakes Enterprise Precinct Retirement Living North Lakes Retirement Resort Unlisted Property Funds 4 QUEENSLAND QUEENSLAND Sunshine Coast Far North Noosa Heads Cairns Stockland Cairns Townsville North Shore Stockland Townsville Twin Waters West Maroochydore Mackay Brightwater Kawana Business Village Bokarina Beach Birtinya Retirement Village Birtinya Island Stockland Birtinya Rockhampton Bellcarra Retirement Resort Stockland Rockhampton Stockland Caloundra Aura Gladstone Stockland Gladstone Stockland Bundaberg Stockland Kensington Caloundra Stockland Hervey Bay KEY KEY Retail Retail Residential Communities Residential Communities Retirement Living STOCKLAND PROPERTY PORTFOLIO DECEMBER 2018 5 VICTORIA Greater Melbourne Cloverton Mernda Retirement Village Highlands/Highlands Retirement Village Eucalypt Somerton Distribution Centre 40 Scanlon Drive, Arilla Village Stockland Wendouree Midlands Terrace Epping Plenty Valley Village Melbourne Bundoora Village Gowanbrae Village Geelong The Lakes Estate Stockland Traralgon Gillin Park Retirement Village Taylors Hill Village Keilor Village Latrobe Village Templestowe Village Burnside Village Stockland The Pines Mt Atkinson Melbourne Business Park Donvale Village Grandview Orion KeyWest Distribution Centre Brooklyn Distribution Centre The Grove Stockland 72-76 Cherry Ln, Laverton North Tooronga Tarneit Skies Altona Distribution Centre Cameron Close Village Retirement Village Altona Industrial Estate Altona North Vermont Village Salford Park Community Village Wantirna Village Stockland Point Cook Oakleigh Industrial Estate, Knox Village Oak Grange Oakleigh South Mulgrave Corporate Park Waterlea Patterson Lakes Village Minta Farm Selandra Rise Retirement Village Long Island Village Edgebrook KEY Retail Logistics Residential Communities Townhomes Retirement Living 6 WESTERN SOUTH AUSTRALIA AUSTRALIA Perth and Adelaide and surrounds surrounds Amberton Ridgehaven Rise Seniors’ Living Community Port Adelaide Distribution Centre Vale Lightsview Retirement Village Sinagra Whiteman Edge The Grange Retirement Estate Adelaide Balcatta Distribution Centre The Villas on Milton Avenue Glendalough Durack Centre Somerton Park Seniors’ Living Community Stockland Riverton The Villas in Brighton Stockland Bull Creek Salford Retirement Estate Unity Retirement Village Newhaven/Stockland Harrisdale Walnut Grove Retirement Estate Hillsview Retirement Village Aspire at Calleya/Calleya Sienna Wood Wellard Farms Affinity Village Stockland Baldivis Bay Village Retirement Estate KEY KEY Retail Retirement Living Workplace Logistics Residential Communities Townhomes Retirement Living Logistics STOCKLAND PROPERTY PORTFOLIO DECEMBER 2018 7 RETAIL COMMERCIAL PROPERTY PORTFOLIO GREEN HILLS, NSW THIS STRONGLY PERFORMING MAJOR REGIONAL CENTRE INCLUDES WOOLWORTHS, COLES, BIG W, TARGET AND A BRAND NEW DAVID JONES, A TWO-LEVEL H&M AND HOYTS LUXE CINEMA COMPLEX. A $421 MILLION EXPANSION OF THE CENTRE WAS RECENTLY COMPLETED IN 2018. 8 RETAIL COMMERCIAL PROPERTY PORTFOLIO Retail Stockland is one of the largest retail property owners, developers and managers in Australia. At 31 December 2018 the portfolio comprises 37 retail centres with Stockland’s ownership interests valued at $7.2 billion and gross book value of Glasshouse – Pitt Street, Sydney $7.7 billion. The properties accommodate more than 3,500 tenants and generate in excess of $6.7 billion in retail sales Lease expiry profile %* per annum. 1 11 8 9 11 60 * Includes non-comparable development GLA Vacant FY 19 20 21 22 23+ Geographic split % 59 10 25 6 NSW Vic Qld WA STOCKLAND PROPERTY PORTFOLIO DECEMBER 2018 9 RETAIL COMMERCIAL PROPERTY PORTFOLIO SHELLHARBOUR, NSW THE MAJOR REGIONAL TOWN CENTRE IS LOCATED ON THE SOUTH COAST OF NSW AND IS THE LARGEST RETAIL TOWN CENTRE LOCATED WITHIN THE TRADE AREA. THE CENTRE BOASTS A REDEVELOPED ALFRESCO DINING PRECINCT, AND AN ADJACENT FREE- STANDING GREATER UNION THEATRE COMPLEX. 10 RETAIL COMMERCIAL PROPERTY PORTFOLIO Retail Portfolio as at 31 December 2018 Annual sales Specialty Book value Funds from % of Retail December 2018 occupancy Specialty Page Property Location GLA (m2) ($m) operations ($m) Portfolio ($m) costs (%)* sales ($/m2)† 12 Stockland Green Hills‡