Corporate Capabilities - AVID Property Group
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Corporate Capabilities
Contents We are. . . AVID 3 Community & Initiatives 10–11 Our property portfolio 4 Customers make our business 12 Letter from the CEO 6 EnviroDevelopment 13 Leadership & Governance 8 Industry Partnerships 13 Culture, Diversity & Innovation 9 The AVID story 14 Adjective /’AVID/ Having or showing a keen interest in or enthusiasm for something; having an eager desire for; Synonyms: keen, eager, enthusiastic, ardent, passionate, devoted, dedicated, fervent, fervid, zealous, fanatical, voracious, insatiable, wholehearted, earnest, as keen as mustard. 2
We are... AVID
AVID Property Group (AVID) is an award- We are proud of our legacy... highly distinctive
winning Australian developer responsible for a projects which are characterised by excellence
diversified portfolio of residential communities in project design, ingenuity in land and asset use,
in key growth precincts across Australia. deep market understanding and uncompromised
customer focus.
Having delivered $2.6 billion worth of projects
over the past 13 years, AVID’s current portfolio We look to the future with excitement as we
includes more than 14,300 residential blocks continue to grow and lead our industry in the creation
and a gross revenue pipeline of $4.9 billion. of extraordinary places for people to live and work,
and deliver projects with proven investment value.
With 38 projects across the eastern seaboard,
AVID has a diverse mix of developments, We are a team of highly experienced, passionate
including masterplanned communities, and talented individuals whose combined talents
completed homes and apartments. and energies skilfully balance financial, environmental,
social and economic factors to deliver exceptional
Led by highly experienced senior management,
projects, valuable shareholder returns and wonderful
AVID deliver exceptional communities,
environments for our customers.
valuable shareholder returns and wonderful
environments for its customers.
Wherever you aspire to live, work or invest,
no one is as keen to welcome you as AVID.
We bring people together.
AUTHENTIC VERSATILE INNOVATIVE DEDICATED
We are AVID
3
Our property portfolio
AVID acquired residential property
developer Villa World in October
2019. The combined business
portfolio includes 38 projects,
more than 14,300 residential
blocks and a gross revenue pipeline $4.9 billion 320 ha gross 14,300 blocks
of $4.9 billion. This includes a worth of projects in pipeline Industrial Land Residential
diverse mix of development
types, including masterplanned
communities, housing, medium
density living, apartments and
more than 320 hectares of
industrial land.
NT
QLD
WA
SA
NSW
SA
NSW VIC
VIC lyssia – Wollert
E
Sienna Rise – Plumpton Sienna North – Plumpton
Bloomdale – Diggers Rest Lilium – Clyde
Savana – Wyndham Vale Hillstowe – Officer
Marlee – Deanside Carolina – Deanside
9 $1.44 billion 4,411
Projects Pipeline Value Blocks
4
Little Creek – Kirkwood
18
Projects QLD
Augustus – Hervey Bay
$3 billion North Harbour – Morayfield Harmony – Palmview
Pipeline Value
Acacia – Burpengary Bellmere – Bellmere
Covella – Greenbank Caboolture – Caboolture
The Meadows – Strathpine Brentwood Forest – Bellbird Park
Chambers Ridge – Park Ridge
8,323 The Orchard – Bundall
Killara – Logan Reserve
Blocks Serendale – Coomera
Arundel Springs – Arundel
NewBase – Brendale
Swanbank
Enterprise Park – Ipswich
Sphere – Southport
5
Projects
NSW Waterford – Chisholm
Harvest – Chisholm
The Rathbone – Surry Hills
Hillsbrook – Box Hill
$460 million
1 2
Oran Park Town – Oran Park
Pipeline Value
1,545
Blocks
55
Belief, energy, knowledge and pride shape our future. It’s an exciting thing in the property industry to genuinely be able to say that you’re really in the people business. I am extremely proud and energised to lead a company which puts people at the centre of everything we do. AVID Property Group has set a deliberate course for growth, building on the successes of its strong history. We will draw on our decades of experience and proven delivery capacity, and leverage this history as we pursue success, innovation and customer satisfaction. We are a team focused on delivering projects where people love to live, work and enjoy life. Our strong collaborative culture, both within the AVID team and with our business and community partners, means we are consistently pushing to do more, to do better, to innovate and to go beyond that which is expected. This collaborative and strategic approach to doing business, combined with robust corporate governance procedures, means that we can deliver not only very solid shareholder returns but also projects of real substance and value for the longer term. We’re also very focused on diversity; not just gender diversity, but also on diversity of thought, age, background, culture and of opportunity. Over the next five years we will grow substantially and you’ll see AVID differently. However, there’s more to us than the proverbial ‘bricks and mortar’. We are expanding our commitment to local economies by sourcing goods and hiring people locally. We are contributing to community not just with the usual sponsorship approach but with meaningful infrastructure investment and participation in community development, environmental and sustainability initiatives. We have big ideas and we have the enthusiasm to deliver them. AVID has embarked on an ambitious plan to grow and diversify, and we will achieve this by focusing on people – our customers, our partners and of course, our team. After all, we are. ..AVID. Cameron Holt Chief Executive Officer 6
7
Leadership & Governance
The Board of Directors, Executive Committee In 2016, AVID Property Group entered into a new
and Management Team of AVID Property ownership and funding arrangement with Proprium Capital
Partners, a global private equity business. The strength
Group comprise some of the nation’s most
of Proprium’s financial commitment will allow AVID
experienced and innovative leaders across real Property Group to energetically pursue our growth and
estate development, business management, diversification strategy over the next five to ten years.
property and asset management, project
financing and development, legal, risk,
audit, and project sales and marketing.
AVID’s Leadership Team is the soul of the business; a group of talented, experienced and energetic people who are
bringing our vision to life. As CEO of AVID Property Group, Cameron leads the team with a focus on market growth,
shareholder return, customer satisfaction and project excellence. Drawing on qualifications in town planning, commerce,
land economics and real estate, Cameron has more than 20 years’ project delivery experience. Blending experience,
energy, thoughtfulness, insight and innovation, the AVID leadership team is a group of exceptional individuals who are
passionate about what they do.
Cameron Holt Karen Wells Richard Amos Colette O’Reilly Duncan Corness
Chief Executive Chief Financial Group General General Manager General Manager
Officer Officer Counsel People & Culture WHSE
Bruce Harper Peter Vlitas Leanne Morgan Peter Wood Linda Walsh
General Manager General Manager General Manager General Manager General Manager
QLD VIC Organisational Housing Marketing
Development and & Customer
Transformation
Spiro Prevezanos Nathan Huon Holly Brennan Danny Boubli
General Manager Project Director National Sales Project Director
Capital NSW Manager Apartments
Transactions
8
Culture shows our brand Culture, Diversity
promise in action & Innovation
AVID Property Group genuinely lives to AVID’s expression of diversity can be seen
express our brand values in everything we in many ways throughout the business.
do and everything we say. It’s the topic of We are a blended group – a mix of skills and backgrounds;
conversation and focus from our regional a blend of age, gender and cultural origins; people working
project offices to our Boardroom. full-time, part-time, casual and contract.
We know that the way we behave, connect with We embrace freedom of thought and creativity and
others and pursue our goals – our corporate in doing so, we achieve far more for our shareholders,
DNA – is integral to our long term success, our partners, our customers and our people.
and importantly that of our customers.
Our core values are our operating mantra –
AVID – Authenticity, Versatility, Innovation
and Dedication – in all that we do.
Workforce Education/Qualification Profile Workforce Profile by Gender and Employment Status
1% 8%
5%
Masters Degree and Male – Full-Time
Degree Qualified
23% Female – Full-Time
35%
Degree Qualified 38%
Female – Part-Time
Diploma/Vocational/
Female – Contract
Professional 48%
42%
Male – Contract
Executive Team Gender Profile Workplace Gender Profile
33% women 67% men 61% women 39% men
Workforce Profile by Employment Status Workforce Profile by Age
3% 7%
9%
Full-Time 13% < 25 Years
6%
29%
Part-Time 26 – 35 Years
Contract 36 – 45 Years
85% 21%
46 – 55 Years
56 – 65 Years
27%
66+ Years
9
AVID Community and Initiatives
AVID is committed to building communities that bring people together, and we understand that great communities
are more than just our own residents, businesses and projects. They’re the wider communities in which we build, the
local organisations that our residents support, the interests they pursue, the sports they play, the causes they’re
passionate about, and the groups that help to make life at an AVID address even more welcoming and engaging.
That’s why we’re proud to support a range of not-for-profit, industry and community organisations across Australia
through our Community Sponsorship and Grants Program.
The program plays an important role in positively shaping AVID’s program supports many different organisations
communities by creating strong partnerships, enabling and events which can be broadly summarised into the
groups to build their capacity and capabilities, and building following categories:
community prosperity, sustainability and connection. • Local sports clubs / teams
• Festivals
AVID’s Sponsorship and Grants Program is divided into • Environmental Groups / Initiatives
three categories: • Local schools and educational programs
• Charities supporting people with disability
BUILD: • Charities promoting child safety
Innovative and sustainable initiatives
that build community culture or enhance
the lives of residents.
CONNECT: Thornton
Forward-thinking initiatives that develop Public School
strong relationships and partnerships Sponsorship
for the future.
ACTIVATE:
Bloomdale
Initiatives that nurture positive business
Community
or community culture.
Easter Egg
Hunt
In collaboration with global
environmental organisations Take 3,
AVID Property Group (AVID) wrapped
up its hugely successful year-long Take
3 for the Sea partnership with a series
of three finale events in Sydney on
Friday 24 and Saturday 25 May 2019.
Launched in June 2018, the partnership
has seen AVID and Take 3 deliver
15 events across six communities,
clearing more than 300kg of waste
and engaging almost one million
people. Ultimately, the events were
about supporting the not-for-profit’s
simple message to Take 3 for the Sea. POWERED BY
AVID continues to proudly partner
with Take 3 for the sea in 2020
and 2021 as Bronze partners.
10Sunshine Coast Lightning, Harmony
At AVID, we are committed to supporting local sporting clubs that bring people together, with community spirit often the
cornerstone to a team’s success. That’s why we are thrilled to support the Sunshine Coast first elite netball team, the
Sunshine Coast Lightning.
Build it for the Kids
For the period 2019/20 AVID has been part of this very special sponsorship of the Daniel Morcombe Foundation, a cause
that is meaningful to locals and embraces every aspect of our heartfelt commitment to supporting a nurturing a sense
of community,
From the commencement of the sponsorship program, AVID has committed to regular events to drive continuous
engagement and media PR opportunities for the Charity, including helping to raise over $160,000 in the recent Charity
Home Auction, where all the profit raised will go towards keeping kids safe.
11Customers make our business
Our customers will ultimately Our customers may be home buyers Our customers all have their individual
judge the success of AVID’s looking for a family home, an investor stories. By continually seeking to
business approach. These are seeking to set up for their future, understand our customers’ needs
the people who make potentially a retailer wanting to establish and the barriers they must overcome
the largest investment of premises within an AVID community in order to realise their dreams,
their life when they choose to or someone heading to work in AVID establishes relationships,
settle in an AVID community. an AVID-designed and built which are enjoyable, successful,
commercial space. profitable and sustainable for all.
With you all the way home
Good relationships only AVID has a purpose-built You can use our customer service
develop where there is trust communication platform which system to explore or buy our land
and good communication. connects our people with our and apartment projects but you can
customers. It’s two-way, it’s real time also do so much more, like choose
In an age where technology is
and it supports our customers at a home design, get tips on garden
ever popular, AVID has taken
every step of their buying journey. design or interior decorating.
the opportunity to combine the
efficiency and effectiveness of In fact, every customer has a direct And of course, customers can give
digital tools with the understanding line to our National Customer us feedback, which provides insight
that only comes from actually Service Manager. It doesn’t get that is quite simply invaluable.
speaking with another person. more personal than that.
12EnviroDevelopment
Our vibrant communities are built on the tenets of what makes
a place special for generations to come.
That’s why each AVID community strives to achieve a 6 Leaf
EnviroDevelopment certification, The Urban Development Institute of
Australia’s (UDIA) scientifically-based assessment system that independently
reviews development projects. These certifications are judged upon six vital
‘leaves’ – ecosystems, waste, energy, materials, water and community.
We are committed to continually improving our sustainability initiatives,
and as a result, we have become the first developer in Australia to achieve
EnviroDevelopment awards across all our master-planned communities.
Sustainability – The AVID Way
“AVID embraces sustainability in all forms which contribute and innovate in areas that are meaningful to
our customers. Balanced consideration of financial, economic, social, and environmental factors ensures
we meet the needs of the present without compromising the needs of future generations and leave a
legacy of sustainable communities.
The environmental commitment to sustainability is reinforced and endorsed through the achievement of
Enviro Development accreditation across all AVID projects. Product innovation, diversity of choice and
affordable housing options also create economically sustainable long-term developments that
encourage a mix of residents.”
Anthony Demiris – Project Director QLD
Industry Partnerships
Complex and technical development These relationships support our customer promise,
processes are simplified through strong and and this is how we bring together the best minds to
meet contemporary challenges and identify future
collaborative working relationships with
opportunities.
partners and suppliers.
As a national developer of residential and industrial
AVID Property Group reaches across the property
projects, AVID Property Group recognises the importance
sector to draw together like-minded partners in support
of supporting and engaging in the professional
of our commitment to quality, innovation, relevance
development of our industry.
and speed to market.
Our employees are engaged These Associations represent AVID nationally:
in local committees,
roundtables, workshops and
think tanks, government and
tertiary research programs,
and mentoring programs.
13No matter where we come from or where we’re going,
we all want the same thing.
We want to belong. It’s in our DNA.
It’s a part of what it is to be human.
At AVID Property Group, we create neighbourhoods
that bring people together and we turn these
neighbourhoods into thriving, connected communities.
avid.com.auContact Us
Sydney Office
Level 35
259 George Street
Sydney NSW 2000
Ph: 02 8316 7700
Fx: 02 9252 4526
Melbourne Office
Ground Floor
80 Dorcas Street
Southbank VIC 3006
Ph: 03 9693 7800
Brisbane Office
Suite 1, Level 7
10 Eagle Street
Brisbane QLD 4000
Ph: 07 3708 0804
Fx: 02 9252 4526
Gold Coast Office
Level 1, Oracle West
19 Elizabeth Avenue
Broadbeach, QLD 4218
Ph: 07 5588 8888
Fx: 07 5588 8800
Sunshine Coast Office
22 Twilight Avenue
Palmview, QLD 4553
Ph: 1800 550 240
While we have taken care to ensure the accuracy of information within this publication, AVID Property Group gives no warranty and makes no
representation as to the accuracy or sufficiency of any description, photograph, illustration or statement contained within this publication and
accepts no liability for any loss which may be suffered by any person who relies upon the information presented.
Except for any liability that cannot be excluded by law, AVID Property Group (including its officers, employees and agents) will not be liable
or responsible for any loss or damage suffered or incurred by any person who relies on the information provided within this publication.
All information provided is subject to change without notice. December 2020.
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