Dexus Property Group INVESTOR PORTFOLIO

Transcription

1 Dexus Property Group INVESTOR PORTFOLIO 31 December

2 Table of Contents GP Plus Healthcare Centre, 16 Playford Boulevard, Elizabeth Whicker Road, Gillman 1 Westfield West Lakes, 111 West lakes Boulevard, West Lakes 2 Calvary Private Hospital, 120 Angas Street, 2

3 15-23 Whicker Road, Gillman GP Plus Healthcare Centre 16 Playford Boulevard, Elizabeth The distribution centre at Whicker Road is located approximately 12 kilometres north-west of in the industrial area of Gillman, part of the City of Port. The property s location in the north-western suburb of Gillman allows for easy connection to the CBD via the major transport corridors of Grand Junction Road and Port Road. Constructed in 2010, GP Plus Healthcare Centre is a modern stand alone, multilevel medical centre comprising purpose built facilities. The property is operating under GP Plus Super Clinics, a collaboration between the Australian Government and the SA Government, and was designed to best accommodate patients who require a wide range of health services. Distribution Centre Site area (hectares) 9.7 Lettable area ('000sqm) 74.0 Lettable area adjusted for ownership ('000sqm) 74.0 Number of buildings 2 Year built 1970 Bevchain DXS ship (%) 100 General Industry 2 Site coverage (%) 76 Number of units 2 Average unit size 37.1 Acquisition date December 2002 Book value at ownership ($m) 27.5 Independent valuation at ownership ($m) 27.5 Market cap rate (%) Initial yield (%) Leased by area (%) 95 Weighted lease term by income (years) 1.4 Primary Healthcare Site area (hectares) 0.1 Lettable area ('000sqm) 4.6 Lettable area adjusted for ownership ('000sqm) 1.1 Typical floor area (sqm) 2,302 Number of buildings 1 Car parking spaces 186 Year built 2010 Medical Centre ship (%) 23.8 Regional Centre Acquisition date November 2016 Book value at ownership ($m) 10.0 Independent valuation at ownership ($m) 10.0 Market cap rate (%) 5.75 Initial yield (%) 5.77 Leased by area (%) 100 Weighted lease term by income (years) 12.1 Data as at 31 December

4 Calvary Private Hospital 120 Angas Street, Westfield West Lakes 111 West lakes Boulevard, West Lakes Upon completion in early 2019, the Hospital will become the largest private hospital ever built in South Australia, providing over 340 overnight beds and 60+ day beds. When complete, the hospital will replace the current Calvary Wakefield Hospital, including its privately operated 24 hour emergency department, as well as accommodating the Calvary Rehabilitation Hospital. Westfield West Lakes is a two-level regional shopping centre located approximately 14 kilometres northwest of in a trade area experiencing steady population growth. Current major occupiers of the include David Jones department store, Woolworths and Coles supermarkets and approximately 200 specialty outlets including fitness, home ware, interior design and technology. Primary Healthcare Leasehold Site area (hectares) 0.5 Lettable area ('000sqm) 47.0 Lettable area adjusted for ownership ('000sqm) 11.2 Car parking spaces 166 Year built 2018 Calvary Private Hospital ship (%) 23.8 Capital City zone Acquisition date June 2017 Book value at ownership ($m) 44.1 Independent valuation at ownership ($m) 44.1 Market cap rate (%) 5.75 Leased by area (%) 100 Weighted lease term by income (years) 17.5 Regional shopping centre Site area (hectares) 20.4 Lettable area ('000sqm) 71.9 Car parking spaces 3,429 NABERS Energy rating (with Green Power) 3.5 NABERS Energy rating (without Green Power) 3.5 NABERS Water rating 4.0 Year built 1974 DWPF ship (%) 50 Westfield, North West Town Centre Acquisition date October 2007 Data as at 31 December

5 ABOUT DEXUS Dexus Property Group (Dexus) is one of Australia s leading real estate groups, investing directly in high quality Australian office and industrial properties. With $21.1 billion of assets under management, Dexus also actively manages office, industrial and retail properties located in key Australian markets on behalf of third party capital partners. Dexus manages an office portfolio of 1.8 million square metres across Sydney, Melbourne, Brisbane and Perth and is the largest institutional owner of office buildings in the Sydney CBD, Australia s largest office market. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange under the stock market trading code DXS and is supported by more than 32,000 investors from 20 countries. With 30 years of expertise in property investment, development and asset management, Dexus has a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns to investors. Download the Dexus IR App to your preferred mobile device to gain instant access to the latest stock price, ASX Announcements, presentations, reports, webcasts and more. Australia Sydney Level 25, Australia Square 264 George Street Sydney NSW 2000 PO Box R1822 Royal Exchange Sydney NSW 1225 Phone: Fax: Melbourne Level Bourke Street Melbourne VIC 3000 Phone: Fax: Brisbane Level 26, Waterfront Place 1 Eagle Street Brisbane QLD 4000 Phone: Fax: Disclaimer The information in this document is preliminary and subject to change. Any areas specified are approximate and subject to survey on completion. Dexus Property Group advises that whilst all care has been taken in compiling the information contained in this document, Dexus Property Group does not warrant that this information is accurate or complete and disclaims all liability from use of or reliance upon this information. This information is of general nature only and prospective lessees should seek further information from Dexus Property Group and obtain appropriate expert advice.