Corporate Update - PDF document

Corporate UpdateYuhu Group Australia/ 2
Corporate UpdateYuhu Group Australia/ 2 3 /Our PortfolioOur Corporate Responsibility,W·VDQH[FLWLQJWLPHIRU

d a very exciting growth phase, the comi
d a very exciting growth phase, the coming years will be full of activity for Yuhu Group Australia.After laying some solid foundations from which to grow the business, following our establishment in 2012, we are now looking In recent times, for example, we have bolstered our investment portfolio through the acquisition of several prime commercial properties. The completion of these agreements will see the value of our The centre pieces include: suburban shopping centres. Pymble Corporate Centre and Northbridge commercial centre on Sydney’s upper north shore. The prime Miller Street site of our ÀUVWPDMRUUHVLGHQWLDOGHYHORSPHQW We have also entered into an agreement to acquire the outstanding Bakehouse Quarter precinct in Sydney’s Our strategic focus is on those assets that will deliver capital growth as well as solid FDVKÁRZRYHUWKHORQJHU�

3;SHULRGWKURXJKcommercia
3;SHULRGWKURXJKcommercial and retail tenancy.In particular, we are targeting larger-scale DVVHWVZKLFKKDYHWKHDGGHGEHQHÀWRIfuture mixed-use development potential, including a combination of residential, retail and commercial. This approach PDNHVVHQVHWRXVDVRSSRVHGWRDVSHFLÀFresidential focus that presents the ongoing challenge of having to identify suitable sites, Our vision to transform the Eastwood Shopping Centre, one of the group’s earliest planned community illustrates our strategic investment approach. We certainly intend to remain active in the market with a view to further growing our portfolio over the coming years as we also contemplate the management of Beyond our investment and development activities, at Yuhu we have also instilled a strong sense of social resp

onsibility and we We are very proud of t
onsibility and we We are very proud of the support we are able to provide to a range of outstanding community groups such as the Children’s Medical Research Institute at Westmead. We intend to build on this track record. I am also passionate about promoting cultural diversity and greater understanding and take my community leadership role in this respect very seriously. We are for example delighted to support events like Sydney’s Chinese New Year celebrations. At Yuhu we are pleased with the progress we are making in Australia, but we also have a long journey.Chairman, Yuhu GroupChairman’s MessageChairman, Yuhu Group / Chairman’s MessageYuhu Group Australia/ 4 / 6 I am pleased to report that Yuhu Group has taken VLJQLÀFDQWVWULGHVIRUZDUGRYHUWKHSDVWPRQWKVDQGLVOur balance sheet is strong and our com

mercial investments are delivering solid
mercial investments are delivering solid returns; major projects are progressing on time and we remain in the market for quality assets with future development potential.,QWKHÀUVWKDOIRI

SURMHFW7KH0LOOHU
SURMHFW7KH0LOOHULQ1RUWKSydney. It will set a new benchmark in the area for sophisticated urban living in close proximity to all conveniences and just 50 metres from the proposed new metro station.:HDUHDOVRH[FLWHGE\WKHDQWLFLSDWHGÀQDODSSURYDOfor our development application for the Eastwood town centre in Sydney’s north west. This master-planned community will feature a choice of living options cleverly linked to retail and commercial conveniences.The Eastwood project would represent more than AUD $400 million of capital investment on completion and serve as a prime example of urban renewal.The Yuhu team has proven adroit in identifying quality investment opportunities that meet both our short and longer-term objectives. We look to the future with FRQÀGHQFHDQGRSWLPLVPDV&#

x0003;DUHVXOWCEO, Yuhu G
x0003;DUHVXOWCEO, Yuhu Group AustraliaCEO’s MessageCEO, Yuhu Group AustraliaOur CompanyOur Leaders / CEO’s MessageOur Company 7 /Corporate Update 2017-2018Yuhu Group AustraliaYuhu Group Australia/ 8 9 /As a rapidly growing property development and investment company, Yuhu Group Australia remains fundamentally committed to fostering growth and Based in North Sydney, NSW, Yuhu is a private company that was founded in 2012 by renowned entrepreneur, Mr company chairman and CEO Eric Roozendaal, a former treasurer of NSW, Yuhu is active across property and DVVHWLGHQWLÀFDWLRQDQGDFTXLVLWLRQWKURXJKWRSURSHUW\In a relatively short period, Yuhu Group Australia has built the foundations of an impressive investment portfolio containing high quality property assets in and around Sydney. The company’s longer-term investment strat

egy centres on targeting prime assets wi
egy centres on targeting prime assets with both solid income streams through commercial and retail tenancy as well as future development upside.2YHUWKHQH[WÀYH\HDUV

ribed as the largest prospective transac
ribed as the largest prospective transaction of its type so far in NSW that year.Late 2016 also marked an important milestone for Yuhu LQ$XVWUDOLDZLWKFRQVWUXFWLRQFRPPHQFLQJRQLWVÀUVWmajor development, The Miller residential tower in central North Sydney. The company also owns and operates two suburban shopping centres north-west of the Sydney &%'DW(DVWZRRGDQG*OHQZRRGDQGQRWDEOHRIÀFHbuildings in North Sydney and other prime north shore locations, including more recent acquisitions at Pymble ,Q

s would represent more The company also
s would represent more The company also continues to explore investment RSSRUWXQLWLHVLQDJULFXOWXUHDQGÀVKHULHV

alising in property development. The Yuh
alising in property development. The Yuhu name comes from the small town in Guangdong Province in which he was born.The company earned a reputation for constructing quality villas and high-rise apartments and later extended its investments to agriculture, logistics and clean energy. Prior to starting his own businesses, Mr Huang held senior positions with a major railway construction company and studied economics and history. In 2015 he was appointed as an Adjunct Professor at the University of Technology Sydney (UTS) in recognition of his outstanding achievements as a business leader and contributor to international relations and community welfare. Yuhu’s FounderYuhu’s headquarters, North Sydney, NSW&RUSRUDWH3URÀOH / Yuhu’s FounderChairman Yuhu Group/ 10 11 /Our PortfolioYuhu’s Assets Map 7RZQ&HQWUH5HGHYHORSPHQWBrook

valeNorth SydneySydneyMaroubraSydneyAirp
valeNorth SydneySydneyMaroubraSydneyAirportParramattaMacquarieParkP14P15P19P18P26M1A38A3M1A36A3A22M4M5M2P22P16P12BankstownA34TasmaniaYuhu Tasmania FisheriesSouthern OceanTasman SeaYuhu Group AustraliaCorporate Update 2017-2018 13 /

acquiring high quality assets ZLWK�
acquiring high quality assets ZLWKH[LVWLQJFDVKÁRZLQFRPHVWUHDPVWKURXJKVWURQJUHWDLODQGFRPPHUFLDOtenancy, combined with future development upside.A future master-planning process could provide KXERUWRZQFHQWUHWKDWUHÁHFWVWKHFRPSDQ\·Vcorporate values of seamlessly building better communities. The option agreement is exercisable at the discretion of Yuhu Group and settlement of the Bakehouse Quarter is targeted between July Quarter Retail Key AssetsWe take an extremely meticulous approach regarding the assets we choose to add to our investment portfolio. We target high quality properties with solid yields and good prospects for future capital growth. Those with mixed-use development upside particularly appeal. These characteristics are evident in all the assets we have a

cquired to date which include community
cquired to date which include community shopping FHQWUHVRIÀFHEXLOGLQJVDQGRWKHUPL[HVRIFRPPHUFLDOand retail properties in prime Sydney locations. A growing LQWHUHVWLQDJULFXOWXUDODQGÀVKHULHVDVVHWVDGGVGLYHUVLW\WRour investment approach.Corporate Update 2017-2018Corporate Update 2017-2018Yuhu Group Australia/ 14 15 /1RUWKEULGJHLVDWKUHHOHYHORIÀFHDQGUHWDLOEXLOGLQJLQDSUHVWLJLRXVORZHUnorth shore location, less than 7 km from the Sydney CBD. Acquired as a going concern with medical service providers among its key tenants, the asset is complemented by the adjoining Northbridge Plaza shopping centre. As a longer-term investment, Northbridge also has potential mixed-use develop

ment that will cater for residential apa
ment that will cater for residential apartments and retail in what is a dynamic area.Northbridge 3\PEOH&RUSRUDWH&HQWUHLVDVLJQLÀFDQWFRPPHUFLDOODQGKROGLQJRQSydney’s sought-after, upper north shore. Yuhu Group was pleased to RIÀFLDOO\DGGWKLVKLJKTXDOLW\DVVHWWRLWVJURZLQJSRUWIROLRLQHDUO\We see Pymble as a suburb with a very bright future and this acquisition represents a strategic investment in that future.Corporate CentreBridge Street, Pymble, NSWspacesOur Portfolio / Key AssetsOur Portfolio / Key AssetsYuhu Group Australia/ 16 17 /Our Portfolio / Key Assets15Berry 20, is a fully leased commercial property in a blue-chip central North Sydney location. It is close to both the bustling

Greenwood Plaza shopping centre and Nor
Greenwood Plaza shopping centre and North Sydney train station. With several recent upgrades, the building features an impressive foyer, including a newly refurbished café/restaurant. There is excellent natural light and expansive harbour and district views from the upper levels. The Yuhu Group sees this North Sydney acquisition as a sound investment which forms part of an ambitious, long-term growth strategy.Berry 20Berry Street, North Sydney, NSW spacesYuhu Group Australia/ 18 19 /Our Portfolio / Key Assets*OHQZRRG9LOODJH6KRSSLQJ&HQWUHUHSUHVHQWV

ored by a Woolworths supermarket, a mix
ored by a Woolworths supermarket, a mix of specialty shops and an ATM.Eastwood Shopping Centre with its strong retail and commercial mix has been a vital part of the vibrant Eastwood community since 1976. Since acquiring the centre, Yuhu Group has re-leased previously vacant retail spaces and carried out major refurbishment works. The upgrades have given the centre a new look and energy today, while a major redevelopment remains our vision for the future.Rowe Street, Eastwood, NSW 21 /Yuhu Group Australia/ 20 Improve Life,Foster Growth. / Development ProjectsOur major development projects are at the heart of our YLVLRQIRUXUEDQUHQHZDO:HDUHFRQÀGHQWWKDW7KH0LOOHUin North Sydney will set a new benchmark for quality, inner city living in the area.And when we talk about smart design and clever use of space, the development plans

for our Eastwood Shopping Centre illust
for our Eastwood Shopping Centre illustrate the standards we set. This project will come to symbolise the Yuhu commitment to building better communities; to improving people’s lives and fostering growth. We know it all starts with excellent design and that’s why we place high priority on only working with leading architects and designers. / Development ProjectsYuhu Group Australia/ 22 23 / Artist’s Impression / Development ProjectsThe Miller will set a new standard for high quality, urban The project was designed by world-renowned architects PTW, the designers of Beijing’s iconic Water Cube aquatic centre and Barangaroo’s Alexander building.7KHDUFKLWHFWXUHLVGHÀQHGE\DVRSKLVWLFDWHGVFXOSWXUDOcomposition which sees the handsome 21-level residential tower levitated over an alfresco plaza with a show-piece modulated podium and

landscaped parapet. The Miller is crown
landscaped parapet. The Miller is crowned by a stunning rooftop deck and garden space where residents will be able to take in panoramic views of Sydney Harbour to the south. A north-facing common roof terrace on the top level will feature bbq facilities, seating and outdoor dining areas.The building plaza will be a vibrant place for socialising and will offer retail tenancy, including quality café and dining experiences. The Miller offers a wide-street, leafy boulevard setting, just 600 metres from North Sydney train station and three kilometres from the Sydney CBD. It is also surrounded by some of Sydney’s best schools. The project March PTW ArchitectsMiller Street, North Sydney, NSW21-level residential towerRichard Crookes ConstructionsSavills Project Management109 millionThe Miller - North SydneyDevelopment Projects / Development Projects / Development Projects / Development Projects Artist’s I