AUL FY21 Investor Presentation
•
IAL focus on scale
180 Australian
YEARS
Unity
Real Wellbeing
Focus on scale in co-located retirement and aged care precincts:
30% ILU increase, 130% RAC bed increase delivered or underway since FY2019
Australian Unity is delivering diversified expansion
through:
Greenfield/Precinct Development: The Grace RV,
Drummond Place RV, Racecourse and Sienna Grange
RACF, Auchenflower precinct, Lane Cove precinct
Asset Redevelopment/Repurposing: 114 Albert Rd
RACF & ALA, Walmsley RACF
Targeted Acquisition: Hunters Hill RV, Greengate
precincts
During this period Australian Unity has made a gross
investment of over $700m' in these growth initiatives
The Greengate acquisition, completed 7 July 2021,
delivers immediate scale - 253 ILU and 225 RAC beds -
and is uniquely optimised to our strategic criteria:
Fully contemporary - opened 2015-2018
Purpose-built, integrated RV and RAC
Metro Sydney and Metro Brisbane
High occupancy, strong performing sites
High RAD payers and residential standard
Adaptable for 'small household'
AUL FY21 Investor presentation
Portfolio growth since 2018/19
2,990
410
295
1,369
2,285
553
225
591
RV/AL Units
RAC Beds
Acquisitions
Underlying portfolio 2018/19
Trading up/developing
Expanding our eastern seaboard footprint
QLD
303 units
7%
VIC
NSW
1,539 units
54%
1,337 units
46%
NSW
2,148 units
49%
VIC
1,908 units
44%
21
1 Financed via group capital and retained profits, development capital and resident fundingView entire presentation