9.00 Opening Remarks From Conference Chair

Aligning Property Portfolio with Current and Future Needs of the Business

9.10 Providing An Overview Of Dexus Property: Where We Are Now And Where We Want To Be

• Discussing past successes and future initiatives: where we’re going
• The sustainability agenda: how we’re driving down energy costs by 50%
• Developing a best practice approach to maximise benefits

Jim Jones
Head of Property Management
DEXUS PROPERTY GROUP

9.50 Maintaining A Stellar Success Record In Property, Leadership And Management Within Telstra

• Reducing Telstra’s property footprint: delivering annual lease savings of $14 million from 2012 onwards
• Creating significant shareholder value and providing new fit outs using Telstra’s accommodation standards
• Upholding confidence in your portfolio management to deliver on property transformation
• Implementing a consolidation management plan: strategies for 3 major cities
• Contributing to Telstra’s bottom-line profit through savvy property, leasing and divestment choices

Vito Chiodo
Director of Property
TELSTRA

10.45 Discussing Strategies For Aligning Property Strategy With Business Goals

By any historical comparison, the cycle of the past 12 months has been extraordinary and severe. With signs of distress in the United States and European financial systems, we have seen synchronised downturns in capital markets and major economies. Although the Australian economy has fared relatively better this cycle by so far averting an outright recession, non-residential real estate markets have largely followed a recessionary path. In his session, Michael will be:

• Analysing leasing demand: What’s expected in 2010?
• Investigating signs of recovery: Are these gains sustainable?
• Getting your organisation to take a long-term view so that your portfolio can be managed proactively
• Obtaining the data you need early enough to factor property decisions into business strategy
• Effective strategies to manage your property portfolio: Knowing where to focus your efforts
• Maximising your initiatives in a recovering market

Michael Cook
Group Executive – Special Projects
INVESTA PROPERTY GROUP

11.15 Discussing Techniques For Risk Analysis In Investment Appraisal

Commercial property is a capital intensive, illiquid and wasting asset class that requires significant and ongoing capital investment in order to maintain its occupancy, status and yield. The assessment of capital investment proposals requires feasibility predictions to be made about a multitude of, often uncertain, future variables such as: the amount of capital to be spent, the period of time that income generating space will remain vacant, the incentives that must be paid to incoming tenants and the rental revenue that is expected to be received. This presentation will discuss alternate models for investment appraisal, including:

• Discussing alternate models for investment appraisal
• Acknowledging the variability in feasibility inputs and their concomitant effects on project outcomes
• Providing a broader understanding of project risks
• Identifying the factors which are critical to a project’s success

Mark Crudden
Portfolio Manager NSW – Commercial & Industrial
MIRVAC GROUP

12.25 Effective Portfolio Model For The Sustainable Provisioning And Use Of A Large Volume Of Properties

• Operating a sale and leaseback program utilising core assets in the residential sector
• Maintaining control and ‘fit-for-purpose’: managing over 17,000 assets
• Refreshing the portfolio: development, program construction, acquisition and leasing
• Whole of life property management
• Balancing the conflicts as both tenant and property manager while meeting the needs of a large third-party sub-tenant
• Adapting to market environments: strategies for sustainability
• Embracing of a portfolio business model for effective provisioning of a large volume of properties
• Dealing with counter market forces: the GFC, rising costs, market under and over supply, market failures
• Pioneering an institutional investor market for residential sales and leaseback
• How did DHA’s ‘mum and dad’ sale and leaseback program gain momentum and become ‘flavour of the year’
• Safety, security, transparency, trust in property investment programs

Tony Winterbottom
General Manager – Sales and Marketing
DEFENCE HOUSING AUSTRALIA

1.25 Effective Strategies To Manage Your Property Portfolio: Knowing Where To Focus Your Efforts

• Implementing an effective risk management process
• Discussing legislation difficulties with commonwealth properties: identifying heritage aspects
• Implementing a consolidation management plan
• Initiating a risk management strategy
• Analysing legislation for commonwealth owned property
• Identifying where money’s been spent
• Portfolio management evaluation: analysing cost of property vs return

Tony Westaway
Manager – Portfolio Planning
AUSTRALIA POST

2.45 Improving Operational Efficiencies In The Use Of Government Properties To Better Support Service Delivery

The Portfolio Management Group is responsible for the efficient and cost effective management and maintenance of government-owned and leased property, including capital works, lease negotiation and management, portfolio services, engineering and facility management and contract administration. It works towards:

• Improving operational efficiencies in the use of properties by government agencies
• Adopting a strategic approach to maintaining, acquiring, disposing and developing government property
• Managing property more effectively and efficiently, allowing agencies to focus on delivery of their core services
• Integrating the management of government-owned and leased property assets
• Negotiating government property leasing matters for office accommodation
• Coordinating upgrades, refurbishments and sustainability initiatives throughout the government property portfolio

Richard Hemsworth
Executive Director – Property Portfolio Group
STATE PROPERTY AUTHORITY

3.25 Capitalising On Opportunities Within Current Market Conditions

• Maximising opportunities within your portfolio
• Aligning your portfolio with current and future needs of the business
• Analysing the market situation for landlord vs tenant
• Strategies for providing a greater ROI: Maximising property potential to enhance your supply chain

Richard Opie
National Property Manager
METCASH

4.05 Optimising Your Organisation’s Property Strategy

• Managing performance of your property portfolio: best practice initiatives
• Aligning your property strategy to your organisational direction and market trends
• Developing a high quality portfolio of assets
• Managing the design, development and construction of your commercial buildings
• Capitalising on existing opportunities and emerging trends in real estate investment

Facilitated by Chair

4.45 Closing Remarks From Conference Chair

4.55 Close Of Conference Day One

5.00 Cocktail Party Hosted By Programmed Group