MIW - Mackay /Isaac/ Whitsunday -Regional Projects Forum 29 th - - PowerPoint PPT Presentation

MIW - Mackay /Isaac/ Whitsunday -Regional Projects Forum

29th August 2019

$1.201B 10.90% 52.1% 3.51 $1.77*

Assets Under Management Average Distribution Average L VR Average ICR Per $1 Cash return

Sentinel Overview

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$601m

Sold assets

Sentinel is focussed on opportunistic commercial property investments What we offer our investors:

• Dependable monthly returns + capitalreturns
• Investments open to high net worth investors
• Sentinel intensively manage all aspects of the properties

* Sold Assets $601M

• Average return across sold portfolio (25 properties)

Sentinel asset locations

BULKYGOODS RETAIL INDUSTRIAL OFFICE AGRICULTURE INFRASTRUCTURE DEVELOPMENT

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Sentinel sector allocations

Diversified sector exposure

Agriculture $23,100,000 2%

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Bulky Goods $161,404,246 14% Development $11,231,995 1% Industrial $273,005,000 23% Infrastructure $17,000,000 1% Office $472,161,937 39% Retail $243,350,000 20%

Current Mackay Portfolio Total Value $133.7m

Paget Toll

Purchased: Dec 2012 Purchase Price: $9.25m Re-valued: $10.5m

Northpoint Homemaker

Purchased: Jun 2012 Purchase Price: $15.6m Re-valued: $26.5m

Sarina Development

Purchased: Apr 2014 Purchase Price: $3.3m

Port of Airlie

Purchased: Sep 2015 Purchase Price: $15.30m Re-valued: $17.0m

The Hub @ Greenfields

Constructed: Nov 2013 Roll Over: August 2018 Purchase Price: $10.5m

Wood Street

Purchased: Dec 2018 Purchase Price: $3.5m

Paget Emeco

Purchased: Apr 2018 Purchase Price: $10.25m

Paget Sandvik

Purchased: May 2016 Purchase Price: $6.5m Re-valued: $7.4m

BCC Mackay

Purchased: Jun 2010 Roll Over: June 2019 Purchase Price: $9.9m

The Plaza @ Emerald

Purchased: Dec 2014 Purchase Price: $14.7m Re-valued: $16.0m

The Village@ Emerald

Purchased: Dec 2014 Purchase Price: $18.3m Re-valued: $18.5m

River Street

Purchased: Jun 2019 Purchase Price: $379k 5

Mackay Quiz What was unemployment at the worst of the downturn? 7.3% What is it now? 4.4% (March 2019)

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Mackay Quiz

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Are you Ready ?

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Mackay - Sentinel Growth Fund

Sentinel have recently acquired approx. 46,000sqm of vacant “development ready” industrial land in Paget

40 Gateway Drive, Paget – Speculative Development 2,000m² (approx.) of high bay workshop/warehouse space, including office and store areas 6,440m² site area with High Impact Industry zoning, allowing for a wide variety of uses and 24/7

• peration

Final design and specifications can be tailored to suit occupier requirements at this stage (we are currently in the DA phase) Expected completion date: mid-late 2020

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Mackay - Sentinel Growth Fund

22 Gateway Drive, Paget 7,000m² (approx.) of gravel hardstand suitable for heavy use and/or light vehicles 7,350m² (approx.) site area adjoining the Emeco facility on the corner of Farrellys Road and Gateway Drive 26 Margaret Vella Drive, Paget 4,700m² (approx.) of warehouse, office and showroom space (to be split into multiple tenancies) 8,200m² (approx.) site area on a well located corner Final design and specifications can be tailored to suit occupier requirements at this stage

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Are you Ready ?

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Are you Ready ?

Like when the atom bomb went off – people didn’t hear the boom until a bit later…If you wait until someone says ‘boom’ then it is too late, it has already happened. You’ve got to be ahead.

Daily Mercury 13 July 2019

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Thank You – Warren Ebert

“In the building practises of Ancient Rome, when scaffolding was removed from a completed roman arch, the engineer stood beneath. If the arch came crashing down, he was the first to know. Thus his concern for the quality of the arch was intensely personal, and it is not surprising that so many Roman arches have survived.”

Seth Klarman

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