Lend Lease - Springfield Lakes South West Brisbane Information Memorandum Contents 1. About Lend Lease .................................................................................................................................. 3 1.1 Springfield Lakes Residential Community ..................................................................................... 6 1.2 Springfield Lakes from the air ....................................................................................................... 8 2. Introduction to Springfield Lakes .......................................................................................................... 9 3. The Location .......................................................................................................................................... 9 4. Local Growth Drivers ........................................................................................................................... 10 4.1 Education .................................................................................................................................... 10 4.2 Transport ..................................................................................................................................... 11 4.3 Shopping and Lifestyle ................................................................................................................ 11 4.4 Sports and outdoor Lifestyle ....................................................................................................... 12 4.5 Queensland’s Fastest Growing Areas ......................................................................................... 13 5. Regional Growth Drivers ..................................................................................................................... 14 1. About Lend Lease Lend Lease is one of the world’s leading fully integrated property solutions providers. Founded in Sydney in 1958, Lend Lease primarily operates in Australia, Asia, the UK, Europe, the Middle East and the US, and has built up a long and successful track record in these countries. The parent entity Lend Lease Corporation Limited is listed on the Australian Stock Exchange (LLC). They employ more than 18,000 people around the world and manage an extensive portfolio of assets. They have over a million people around the world live, work, shop or are connected through an asset they have created, every single day.1 Lend Lease clients, partners and investors can choose to leverage their strengths and local expertise at any stage of the property and infrastructure spectrum; from development, investment management, project management & construction, and asset & property management or partner with them right through the complete journey. They also have a flexible and creative capital approach, resulting in superior investment performance. Using a truly collaborative approach, they guide clients and investors beyond just maximizing value to innovative and sustainable outcomes.2 Presently, they are meeting the needs of their ageing population with Australia’s top senior living portfolio, which includes 70 retirement villages and 30 aged care facilities.3 Fast Facts about Lend Lease4 Creating innovative property and infrastructure solutions for more than 50 years They have completed over 10,000 projects worldwide They have over 18,000 employees across the globe They have circa A$12.3 billion funds under management (as of 30th June 2012) They have a market capitalization of A$4.8 billion (as of 30th June 2012) They have over 50,000 security holders They have delivered more than 530 leisure and retail centers across the Americas, Australia, Asia and Europe Over 200 hospitality projects worth US$9 billion around the globe, from luxurious resorts to motels Delivered construction services on more than 1,800 projects for 800 clients across the Americas They have completed 400 higher education projects in the US totaling more than US$9 billion They have delivered more than 450 residential projects worth US$16 billion in America 1 http://www.lendlease.com/en/worldwide/about-us/operating%20entities.aspx 2 http://www.lendlease.com/en/worldwide/about-us/who-is-lend-lease.aspx 3 http://www.lendlease.com/en/worldwide/about-us/vision-and-strategy.aspx 4 http://www.lendlease.com/en/worldwide/about-us/fast%20facts.aspx $A3 billion worth of Australian healthcare projects underway including two of the country’s largest hospitals We have a retail portfolio valued at almost $A5 billion in Australia Each year more than 112 million people visit one of their retail centers in Australia They have been creating large-scale, master-planned urban communities in Australia for over 50 years They have built more than 200 manufacturing facilities in China and Taiwan at a value of US$4.5 billion They have completed more than 150 retail projects in Japan including designer brands Hermes, Bulgari, Tiffany and Christian Dior Since 1993 they have completed more than 250 projects in China They have 20 years experience and more than 20 projects in Japan’s commercial office sector They have more than 100 projects across a broad range of sectors in Malaysia They delivered the Athletes’ Village for the 2012 Olympics in the UK They delivered more than 3,000 apartments in the UK They have constructed more than 50 hotels and resorts in Italy.5 Awards and Achievements Lend Lease continues to focus its capabilities towards becoming one of the world’s leading fully integrated property providers. Various achievements as of 2010 & 2011 include: 6 Lend Lease acquires Valemus Australia, parent company of Abigroup, Baulderstone and Conneq for A$1 billion. They have been selected to undertake first stage of A$400 million Alkimos community development in Western Australia They have been selected to undertake the £1.3 billion stage two regeneration of Stratford City, one of UK’s largest mixed-use developments They have been selected to undertake A$2.5 billion major urban regeneration of Brisbane’s historic RNA showground site They have won £1.5 billion major urban regeneration of Elephant & Castle precinct in London. Various achievements from 2000 & 2009 include: 7 Lend Lease is awarded the contract to develop Sydney’s largest CBD development US$6 billion, Barangaroo South over the next 10 to 15 years. The project, which is participating in the Clinton Climate Initiatives Climate Positive Development Program, is targeting carbon neutral, water positive and zero waste outcomes 5 http://www.lendlease.com/en/worldwide/about-us/fast%20facts.aspx 6 http://www.lendlease.com/en/worldwide/about-us/history-and-achievements.aspx 7 http://www.lendlease.com/en/worldwide/about-us/history-and-achievements.aspx Lend Lease consortium acquires A$1.4 billion ING Retail Property Fund in Australia Steve McCann is appointed Group Chief Executive officer of Lend Lease. Since 1958 he is Lend Lease’s seventh CEO Lend Lease delivers the first US building to achieve LEED Gold Certified Rating (Core and Shell). Lend Lease introduces its Incident & Injury Free program to improve systems and process for safe work places and to make every employee accountable for the safety of themselves and their colleagues. Lend Lease is selected by the World Trade Center Memorial Foundation as Construction Manager Millers Point Youth and Employment Partnership, chaired by Lend Lease, wins NSW Prime Minister’s Community Business Partnership Award for Excellence Lend Lease celebrates its 50th Anniversary, and commemorates this milestone with a special book They have won £1.5 billion ‘urban regeneration’ in London which includes Athletes Village at Stratford City They have acquired UK urban regeneration specialist The Crosby Group plc GPT elects to internalize management, splitting from Lend Lease They have developed Australia’s first 5 Star Green Star and 6 Star Green Star buildings They have acquired ‘Delfin’ - a specialist in developing residential communities across Australia, and expands into developing ‘senior living’ communities With the sale of MLC and other US investment management businesses, Lend Lease focuses its capabilities towards becoming one of the world’s leading fully integrated property solutions providers. 8 8 http://www.lendlease.com/en/worldwide/about-us/history-and-achievements.aspx 1.1 Springfield Lakes Residential Community FAST FACTS Springfield Lakes is located south west of Brisbane, just north of Ipswich, off the Centenary Highway Brisbane CBD (via Centenary Highway) 28km Ipswich 17 km Gold Coast (via Logan Highway) 81km Springfield rail lines have been fast-tracked and it’s expected to be running by 2013 Springfield Lakes is 1,200 hectares and is part of a 2,850 hectares site, making it Australia’s largest master planned community The community is already home to 13,000 residents and will be home to 30,000 residents in 10,000 homes after completion It is due for completion in 2020 A choice of public, private, primary and secondary schools and as well as TAFE and the University of Southern Queensland Springfield campus and a new Catholic school is due to open in 2013 A variety of early learning childcare In 2010, Prix d Excellence, FIBCI Award – Greater Springfield master planned category In 2010, Property Council of Australia –National RPS master planned community, Greater Springfield In 2009, Best Master Planned Community, UDIA, Greater Springfield In 2007, Best Master Planned Community, UDIA, Greater Springfield Australia’s fastest