Join Us As We Grow - Botany Town Centre

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Join Us As We Grow - Botany Town Centre
Join Us As We Grow
Join Us As We Grow - Botany Town Centre
Vision

To maintain Botany Town Centre as New Zealand’s
pre-eminent town centre that incorporates quality retail,                               A diverse
lifestyle and leisure offers, plus civic and community uses.                         botanical oasis.
The centre currently enjoys open-air shopping precincts, dining, entertainment      The retail & social
and office environments, around a collection of civic spaces, creating an ideal
community hub.                                                                        heart of East
On completion, the redevelopment will enhance the retail, leisure, entertainment,       Auckland
food and beverage offer of this iconic East Auckland shopping centre.
Join Us As We Grow - Botany Town Centre
A Pre-Eminent Town Centre
In Auckland’s Fastest Growing Region

Established in 2001, and managed by AMP Capital,
                                                                                     ,
                                                                                               CURRENTLY

                                                                                   58 854M                                2
the centre has a diverse and comprehensive retail mix
of top New Zealand stores, supported by major retailers                            OF TOTAL FLOORSPACE

                                                                                   43,142
(Farmers, New World, Hoyts, Whitcoulls and Lonestar).                                          INCLUDING
                                                                                                                         M2
Currently boasting 200 tenancies in total; including 150 specialty stores,
24 commercial tenants, and an extensive food offering, Botany is a true
                                                                                             OF TOTAL RETAIL
town centre, also providing medical and health services, banks, a post office,                FLOORSPACE
library, childcare facilities and a variety of educational institutions.

Located 19 kilometres from Auckland’s CBD on a high profile site in South East
Auckland, the centre is part of a major growth corridor for the Auckland region.
Botany is well positioned for future growth, recently zoned as a Metropolitan
Business Zone under the Unitary Planning process. Long-term master
planning opportunities are being investigated, with the first phase of a staged
development having commenced in February 2018.
                                                                                   LARGER
                                                                                       than the regional centres
                                                                                          benchmark across

                                                                                   New Zealand1

                                                                                   1
                                                                                       MacroPlan Dimasi, December 2017
Join Us As We Grow - Botany Town Centre
A number of special housing areas and future residential growth areas
                               WESTFIELD 277 NEWMARKET
                                                                                                                                  Trade                             have been identified within the primary and tertiary trade areas, and
                                                                                                                                                                    are fast-tracked for development by Auckland Council in order to boost
                                                                                                                                   Area                             housing supply.
                                                                        HIGHLAND PARK                             BEACHLANDS
                                                                                          HOWICK
                                                                                                                                                         Within
                   SH
                        1           DRESS-SMART
                                                                      PAKURANGA
                                                                      PLAZA           MEADOWLANDS
                                                                                                                                                       Auckland’s
                                                                                                                                                        Fastest
                                    ONEHUNGA       SYLVIA PARK
                                                                                                                                                                        HIGH DENSITY
                                                                                                                                                                                                                                      PRIMARY
                                                                                                                                                                         RESIDENTIAL
                                                                                                                                                        Growing
                                                                                        BOTANY TOWN CENTRE                                                                                                                            SCHOOL
                                                                                                                                                                        POPULATION

                                                                                                                               Trade Area Key
                                                                                                                                                        Region1
                                                                                       ORMISTON TOWN
                                                             79 ORMISTON RD            CENTRE (U/C)                                  PRIMARY
                                         HUNTERS PLAZA SC
                                                                                   FLAT BUSH                                         SECONDARY

                                                            MANUKAU                                                                  TERTIARY
                                                  SH
                                                       20
                                                                                                                                     REGIONAL CENTRE
               AIRPORT SC                                       WESTFIELD
                                                               MANUKAU CITY                                                          SUB-REGIONAL
                                                                                                                                     CENTRE
                                                                                                                                                                                                                              HIGH SCHOOL

                                                                                                                                     OUTLET CENTRE

                                                                                                                                     FARMERS
                                                                      CLENDON SC
                                                                                                                                     KMART

                                                                                                                                     THE WAREHOUSE
                                                                                               TAKANINI VILLAGE
                                                                                                                                     COUNTDOWN
                                                                                                   TO

                                                                                                                                     NEW WORLD
                                                                                                   HA

                                                                                                                                     PACK N’ SAVE
                                                                                                    MIL

                                                                                                                                     SUPER VALUE
Source: MacroPlan Dimasi Economic
                                                                                                        TO

Assessment, March 2018                                                                                                                                                                                                                       1
                                                                                                                                                                                                                                                 Statistics NZ – October 2017
                                                                                                        N
Join Us As We Grow - Botany Town Centre
Redevelopment
                    Key Facts

                                   200
                    The number of                     Botany Town
                    tenancies will                    Centre’s MTA1 has
                    grow to over
                                                      an enviable
                    INCLUDING 24 COMMERCIAL TENANTS
                                                      population of
                                                      309,000, with
                    $80+ million                      growth of

                    Investment
                                                      1.5%P.A.
                                                      to 20232

                                                                     1
                                                                      Main Trading Area (Primary + secondary
                                                                     trade areas)
                                                                     2
                                                                       MacroPlan Dimasi Economic Assessment,
ARTIST IMPRESSION                                                    February 2018 to 2023
Join Us As We Grow - Botany Town Centre
Roading Network                                                                                                   HALF MOON

& Connections
                                                                                                                  BAY MARINA
                                                                                                                 (500+ BOATS)                Drive
                                                                                                                                             Time
                                                                                                 PAKURANGA
Positioned adjacent to three main arterial                                                         PLAZA
                                                                               SH
roads, Botany is a true town centre, with over                                      1

90,000 vehicles a day passing by.
                                                                                                                                                Drive Time (Off peak)
                                                                                   SYLVIA PARK
                                                                                                                                                         5 MINUTES

                                                                                                                                                         10 MINUTES

                                                                                                                                                         15 MINUTES

                450
                                                                                                     CONNECTIVITY
                                                                                                       TO MAJOR
                                                                                                    ARTERIAL ROUTES
        WEEKDAY BUS                                                                                                           ORMISTON
    VISITS (AVERAGE)                                                                                                          SHOPPING
                                                                         SH                                                    CENTRE
                                                                              20

                                           4,000+                AUCKLAND
                                           PATRONAGE           INTERNATIONAL                         WESTFIELD
                                           ON AVERAGE             AIRPORT                            MANUKAU
                                            WEEKDAY

                       PUBLIC BUS                BOTANY TOWN
                     SERVICES EVERY                 CENTRE

                         10
                                                 PUBLIC
                                               TRANSPORT
                                                 7 DAYS
                       MINUTES                   A WEEK

                                                                                                                      TO HAMILTON

                                                                                                                                         Source: MacroPlan Dimasi Economic
Source: Auckland Transport November 2017                                                                                                 Assessment, March 2018
Join Us As We Grow - Botany Town Centre
Join Us
As We Grow!
Botany is set to build on its current success and the nation’s
fastest growing local population, developing a long-term
vision to enhance the local retail experience.
Be a part of our development as we become a destination - not only
somewhere to shop, but a place to relax, celebrate, eat, drink, learn, play,
be entertained, surprised and delighted.

We are adding

▪▪ An extension of our Fashion Pavilions, with national and international      On completion
   fashion and lifestyle brands.
                                                                               in 2019, Botany
▪▪ A comprehensive upgrade of Garden Lane, with a stylish refresh of
   the fresh food precinct adjoining New World.                                 will have over
▪▪ A spectacular new entertainment precinct with a massive                     200 tenancies.
   refurbishment of Hoyts Cinemas, with more than 1,000 luxurious,
   powered recliner cinema seats.
                                                                                Will yours be
                                                                                one of them?

                                                                                     ARTIST IMPRESSION
Join Us As We Grow - Botany Town Centre
Staged
Development
  Overview

              ARTIST IMPRESSION
Join Us As We Grow - Botany Town Centre
New Zealand                                                                                                    Auckland
Potential                                                                                                      Current Population                                         Forecast to grow by                        GDP

                                                                                                               1.7M                                                      1.3%                                        $
                                                                                                                                                                                                                      90B
                                                                                                                                                  1                                                            p.a

New Zealand is well below the benchmark for retail floor space per capita (sqm),
                                                                                                                                                                            over the next 15 years1                  (5.2% growth in 2017)²
creating significant demand for an increase in retail space.

                                                                                                                     HIGHER GDP GROWTH THAN WIDER NEW ZEALAND CONSISTENTLY OVER THE LAST 8 YEARS²
RETAIL FLOOR SPACE PER CAPITAL

                                                                                                               JULY FEBRUARY
                                                             New Zealand                 Australia    USA

                                                                                                                                                                                                                                    CLIMATE3
                                                                                                                                                                                                                                         SUBTROPICAL
 Population (millions)                                           4.7m                     24.3m      323.1m

 Retail Floor Space (millions)                                   2.5m²                    25.2m²     708.1m²   Coldest Month (10.6°C)3                                Warmest Month (19.8°C)3

 Retail Floor Space per Capita (sqm)                              0.5                       1.0        2.2      1
                                                                                                                    MacroPlan Dimasi, February 2018 | ² Infometrics, December 2017 |   3
                                                                                                                                                                                           NIWA Report, 2016

OPPORTUNITY FOR GROWTH
2.5

  2

1.5

  1

0.5

  0
                  New Zealand                        Australia                     USA

Source: ICSC (international Council of Shopping Centres) Statistics as at Dec-16
Join Us As We Grow - Botany Town Centre
Dynamic                                                                                                               20183

                                                                                                                           51%
Catchment Growth

                                                                                                                                                                         47%
                                                                                                                                                                        42%
                                                                                                                                                    41%
                                                                                                                                               28%
                                                                                                                      25%
European residents in Botany’s MTA1 tend to be aged 40+, and are more
established in their careers. Asian residents tend to be in their 20’s-30’s,
suggesting that they are young families or young professionals starting out                                                AUCKLAND             MAIN TRADE AREA         PRIMARY TRADE AREA
their careers.

                                                                                                                  2033 FORECAST POPULATION3

                                                                                                                                                                               47%
                                                                                                                            46%

                                                                                                                                                                             41%
DIVERSITY OF MAIN TRADING AREA POPULATION2

                                                                                                                                                   36%
                                                                                                                                                 30%
                                                                                                 Botany’s MTA1

                                                                                                                      30%
                                                                    Pacific
    AGE                     Asian            European       Maori   Peoples   MELAA3   Others

    0-19 yrs                29.0%               27.9%       45.2%    46.5%    33.4%    30.4%
                                                                                                has the highest
    20-39 yrs               33.5%               21.4%       26.5%    27.3%     31.6%   19.2%
                                                                                                 proportion of
    40-59 yrs               26.7%              28.6%        21.2%    18.9%    25.7%    30.9%
                                                                                                people of asian
                                                                                                  ethnicity in
    60+ yrs                  10.8%              22.1%        7.1%    7.4%      9.2%    19.5%                                AUCKLAND              MAIN TRADE AREA            PRIMARY TRADE AREA

    Total                    100%               100%        100%     100%      100%     100%
                                                                                                 New Zealand2

1
    Main Trading Area (Primary + secondary trade areas)                                                           1
                                                                                                                      Main Trading Area (Primary + secondary trade areas)
2
    MacroPlan Dimasi Economic Assessment, March 2016                                                              2
                                                                                                                      Botany Electoral Profile – Parliamentary Service – December 2017
3
    MELAA refers to Middle Eastern/Latin American/African                                                         3
                                                                                                                      MacroPlan Dimasi, February 2018
HALF MOON
                                                                                                                                   DOWNTOWN
                                                                                                                                      FERRY                                BAY MARINA

Wealth Of Main
                                                                                                                   AUCKLAND         TERMINAL                              (500+ BOATS)
                                                                                                                     CBD

Trading Area Population                                                                                                   WESTFIELD 277
                                                                                                                          NEW MARKET
                                                                                                                                                         PAKURANGA
                                                                                                                                                           PLAZA                                                                Income
                                                                                                                          SH
                                                                                                                               1                                                                                                 Profile
79% of the primary trade area residents are part of the white collar
workforce, 7% over the New Zealand average.                                                                                           SYLVIA PARK
                                                                                                                                                                                    ORMISTON
                                                                                                                                                                                    SHOPPING
                                                                                                                                                                                     CENTRE

                                                                                                                                                               CONNECTIVITY
                                                                                                                                                                 TO MAJOR
SPENDING POWER                                                                                                                                                ARTERIAL ROUTES
                                                                                                                          AUCKLAND
                                        WHITE COLLAR WORKFORCE    BLUE COLLAR WORKFORCE
                                                                                                                        INTERNATIONAL
                                                                                                                           AIRPORT             SH
                                                                                                                                                    20
    Primary Trade Area                                                                    79%
                                                                                                                                                                WESTFIELD
                                                                                                                                                                MANUKAU
      Main Trade Area                                                           71%                                                                                                                       SPENDING POWER

                                                                                                                                                                                                                               Per Capita          Household Income
             Auckland                                                                  76%

                                                                                                                                                                                                          Primary Trade Area    $31,124                  $100,577
         New Zealand                                                             72%

                         0%      10%        20%       30%   40%   50%     60%      70%          80%   90%   100%                                                                                          Auckland Region       $31,138                  $90,880

                                                                                                                                                                                         TO HA M ILT ON
                                                                                                                                                                                                                                     Source: MacroPlan Dimasi Economic
Source: MacroPlan Dimasi Economic Assessment, March 2017                                                                                                                                                                             Assessment, March 2018
A Forecast For                                                                           Tourism
            Retail Spending
            Growth
                                                                                                     A Strategic Pillar
            MAIN TRADING AREA RETAIL EXPENDITURE FORECAST                                            20% of centre sales currently come from beyond the
            8,000
                                                                                                     Trade Area, a combination of Auckland residents and
                                                                                                     tourists (both Domestic and International).1
                                                                                             $6.8B
            7,000                                                                                    VISITOR ECONOMY SEGMENTS1

                                                                                                                             DAYTRIPPER2                                  FIT3
            6,000
                                                                                        .
                                                                                 %   P.A
                                                                             4.9
                                                                                                                BUSINESS                       DOMESTIC OVERNIGHTER
                                                                       **   +
            5,000                                                 TH
                                                           R  OW
                       $3.6B
                      $3.6B                            REG                                                                 INTERNATIONAL                                 VFR4
                                                   ITU
                                           XP END
            4,000
                                     RE LE                                                                              STUDENT                                HOLIDAY
                                  PA
Average                       AP
                                                                                                                 CRUISE                     LUXURY                       GROUP

Growth of   3,000

$184M       2,000

 p.a.       1,000

                  0                                                                                  1
                                                                                                         MacroPlan Dimasi Economic Assessment, March 2017
                   2018      2020      2022       2024       2026           2028      2030   2032    2
                                                                                                         Defined as a round trip of more than 50km and did not spend a
                                                                                                         night away from home as a result of travel
                                                                                                     3
                                                                                                         FIT = Free Independent Traveller
            Source: MacroPlan Dimasi Economic Assessment, March 2017                                 4
                                                                                                         Visiting friends and relatives
About AMP Capital

                     Our expertise in creating inspiring experiences
AMP CAPITAL IS
ONE OF THE           AMP Capital is dedicated to creating exceptional real estate experiences for shoppers,

LARGEST
                     customers and clients, drawing on over 50 years of experience in shaping city skylines and
                     creating iconic shopping centres.
INVESTMENT
MANAGERS             With $26 billion in real estate assets under management for investors, including almost $10
                     billion of shopping centre assets, AMP Capital’s specialist shopping centres team creates
IN ASIA-PACIFIC
                     inspiring shopping centre experiences for 168 million visitations every year. Our 300-strong team
                     manages a portfolio of 30 shopping centres around Australia and New Zealand, from

50 YEAR              every-day neighbourhood to large, super-regional centres, generating over $8.5 billion in sales
                     and featuring over 3,500 local, national and global retailers.
TRACK RECORD AS
A REAL ESTATE FUND   We aim to be a world-class property and development team delivering significant value to
MANAGER              clients, applying deep and broad specialist expertise across retail disciplines, including
                     property and asset management, development, leasing, marketing, research, placemaking
                     and retail design.

THROUGHOUT           This underpins our long and successful track-record along with extensive research and a
AUSTRALIA AND        comprehensive knowledge of the shopping centre industry which backs every decision we take
NEW ZEALAND
                     to create great experiences and sustainable, profitable outcomes for our investors.
Contact Us
Gareth Evans                                                             Matthew Chaytor
Leasing Manager NZ                                                       Leasing Executive NZ

m +64 29 200 7696                                                        m +64 21 709 050
e gareth.evans@ampcapital.com                                            e matthew.chaytor@ampcapital.com

*As at May 2018. The information contained in this brochure represents, conceptually, what is hoped to be achieved from the proposed redevelopment of Botany Town Centre. Photographs,
 plans and illustrations are indicative only and are subject to change. The owners and managers of Botany Town Centre at their sole discretion may change the information contained in this
 brochure and any part of the redevelopment, design and tenancy mix of the centres at any time or whether the owners and managers of Botany Town Centre will in fact proceed with the
 redevelopment of this centre as mentioned in this brochure. You should not rely on anything in this brochure as indicative of the final design of the centre and should make your own enquiries
 in relation to, and in respect of, anything shown or contained in this presentation. You should rely on your own judgement and enquiries and it is strongly recommended that you obtain
 professional advice in relation to your involvement in the centre. You should not act on any information supplied to you in this brochure or otherwise supplied to you by or for or on behalf of
 Botany Town Centre. Some of the information in this presentation has been obtained from sources independent of Botany Town Centre or derived from information provided by such sources.
 The owners and managers of Botany Town Centre do not warrant or represent that any such information is correct and do not accept any responsibility for the accuracy of any information
 in this brochure which is based on, or derived from, information or research published or provided by others. Any forecasts referred to in this brochure may also be affected by a number of
 unforeseen circumstances. No assurance is given that these forecasts will be achieved. Without limiting anything above, the owners and managers of Botany Town Centre do not warrant the
 accuracy of the information in this brochure. The information contained in this brochure does not constitute any offer, warranty or representation as to the proposed timing, design, makeup,
 profitability, style, layout or appearance of either shopping centre or any premises. The information should not be relied on as, nor construed or interpreted as forming or containing, any
 statement or representation as to any matter or thing and is not intended to constitute advice. Except for any liability that cannot be excluded, the owners and managers of Botany Town
 Centre are not liable or otherwise responsible for any loss or damage (whether from negligence or otherwise) suffered by any person directly or indirectly, as a result of any decision that you
 make to act or rely on anything contained or shown in this brochure or otherwise supplied to you by, or any person for or on behalf of Botany Town Centre.
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