capitamalls asia limitedinvestor.capitaland.com/newsroom/20120830_173612_c31_da8351… ·...
TRANSCRIPT
Update on The Star Vista *Aug 2012*
Singapore • China • Malaysia • Japan • India
Update on The Star Vista
30 August 2012
CapitaMalls Asia Limited
Asia’s Leading Mall
Developer, Owner and Manager
Update on The Star Vista *Aug 2012*
Disclaimer
2
This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual
future performance, outcomes and results may differ materially from those expressed in forward-looking statements
as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include
(without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital
availability, competition from other developments or companies, shifts in expected levels of occupancy rate,
property rental income, charge out collections, changes in operating expenses (including employee wages, benefits
and training costs), governmental and public policy changes and the continued availability of financing in the
amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on
these forward-looking statements, which are based on the current view of management on future events.
The information contained in this presentation has not been independently verified. No representation or warranty
expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or
correctness of the information or opinions contained in this presentation. Neither CapitaMalls Asia (“CMA”) or any of
its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss
howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its
contents or otherwise arising in connection with this presentation.
The past performance of CMA is not indicative of the future performance of CMA.
The value of shares in CMA (“Shares”) and the income derived from them may fall as well as rise. Shares are not
obligations of, deposits in, or guaranteed by, CMA or any of its affiliates. An investment in Shares is subject to
investment risks, including the possible loss of the principal amount invested.
Update on The Star Vista *Aug 2012*
Agenda
Highlights
Unique Positioning
New-to-Market Brands
Activities in Auditorium
Projected Returns
3
Update on The Star Vista *Aug 2012*
Strong Catchment
Highlights
Update on The Star Vista *Aug 2012*
The Star Vista – The Lifestyle Hub of
District 10
DETAILS
Ownership 100.0% owned by CMA
Location Three levels (B1 to L2) of retail offerings located
at Vista Xchange
Subway
Buona Vista MRT interchange station that serves
both the above-ground East West Line and the
underground Circle Line
No. of Car Park Lots ~ 800
Gross Floor Area ~ 258,000 sq ft
Net Lettable Area ~ 164,000 sq ft
Expected Valuation
on Completion Basis ~ S$360 mil
Opening in Sep 2012
5
Update on The Star Vista *Aug 2012*
Immediate catchment of more than 400,000
High Catchment with Strong Diversity
Schools Hospital Offices Integrated development
6
Update on The Star Vista *Aug 2012*
Surrounding Developments from
now to 2014
Metropolis
• Interactive digital & media
hub
• Completion in phases from
2013 to 2020
• Lucasfilm Animations,
Infinite Frameworks,
MediaCorp Mediapolis
• Bio-medical science & R&D
facilities
• Full completion in 2013
• P&G, Abbott, GSK,
Novartis, Schering Plough
Biopolis
• 1.2m sq ft of Grade A
office space
• Full completion in 2013
Metropolis
• TOP end 2012
• 366 condo units
• 271 hotel rooms
• Rochester Mall
The Rochester
• Business park & R&D hub
• Full completion in 2014
• Autodesk, AFC Network,
MDA, Spring S’pore
Fusionopolis
7
Update on The Star Vista *Aug 2012* Unique Positioning
Update on The Star Vista *Aug 2012*
Unique Positioning – Bringing the
Outdoors Indoor
* Illustrations are artists’ impressions only. Actual development may differ.
9
1
Update on The Star Vista *Aug 2012*
Unique Positioning – Generous
Quality Spaces
10
2
* Illustrations are artists’ impressions only. Actual development may differ.
Update on The Star Vista *Aug 2012*
Unique Positioning – Good
Connectivity
11
3
Direct link to Buona Vista MRT interchange station
Ample parking with 800 lots
East West Line Circle Line
Update on The Star Vista *Aug 2012* New-to-Market Brands
Update on The Star Vista *Aug 2012*
Opening in September 2012
More than 80% of NLA committed
More than 25% new-to-market concepts
13
F&B 54%
Fashion 4%
Gifts 1%
Beauty & Health 8%
Services 1%
Supermarket 5%
Books 1%
To be leased 16%
IT
6%
Home & Furnishing
4%
Update on The Star Vista *Aug 2012*
New Exciting Dining Offerings
PappaRich
Owl Cafe iBake Morganfield’s
WRAP & ROLL
New-
to-
Market
14
Update on The Star Vista *Aug 2012*
New Exciting Dining Offerings
PINOCCHIO
BOSTON
SOFRIES Bornga
La Barra
New-
to-
Market
15
Update on The Star Vista *Aug 2012*
New Exciting Retail Offerings
eyebar Footin
HIGHBROW home & giving
New-
to-
Market
16
Update on The Star Vista *Aug 2012*
Established Offerings
The Kitchen By Koufu
Update on The Star Vista *Aug 2012*
Floor Map - Basement 1
Entrance into
basement
from street level
To MRT link way
Easy access to MRT
Retail
F&B
Vacant
18
Update on The Star Vista *Aug 2012*
Floor Map - Level 1
Main entrance
To MRT link way
Car
drop-off
High visibility and wide shop fronts
Retail
F&B
Vacant
19
Update on The Star Vista *Aug 2012*
High visibility from MRT
Escalator to
MRT link way
Retail
F&B
Vacant
MRT tracks
Floor Map - Level 2
20
Update on The Star Vista *Aug 2012* Activities in Auditorium
Update on The Star Vista *Aug 2012*
Wide-Ranging Events Planned at
The Star Performing Arts Centre
22
The Star Theatre A state-of-the-art 5,000 seat auditorium. Pop concerts,
theatre, dance, opera, corporate conferences, awards &
convocation ceremonies.
Multi-purpose hall for 770. Art & music performances,
product launches, meetings & conferences, banquets,
community events.
The Star Gallery
Amphitheatre on level three with seating for 300.
Performances, movie screenings, artistes’ meet & greet events,
publicity & community events.
The Star Terrace
The Star Loft Rooftop garden space with capacity for 150. Weddings,
birthday parties, corporate receptions, media conferences,
product launches.
Update on The Star Vista *Aug 2012*
The Star Performing Arts Centre’s
Planned Activities in 2012
23
1-3 November
Opening festival • Gala dinner event
• David Foster & friends concert
• Nickelodeon family open day
24 November
Yoga Lin concert
December
Launch of church services
Update on The Star Vista *Aug 2012* Projected Returns
Update on The Star Vista *Aug 2012*
The Star Vista – Projected Returns
25
Recurring PATMI
~ S$15 mil* p.a.
Projected NPI yield
on valuation
~ 6.0%*
* On stabilised basis.
Update on The Star Vista *Aug 2012* 26
Thank You
For enquiries from analysts & investors, For enquiries from Hong Kong/China analysts
Please contact: & investors,
Brenda Ng please contact:
Investor Relations Maggie Huang
Tel: (65) 6536 1188 Investor Relations
Email: [email protected] Tel: (86) 137-0119-8439
Email: [email protected]