Corporate Capabilities
Contents
We are. . . AVID
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Community & Initiatives
Our property portfolio
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Customers make our business
Letter from the CEO
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EnviroDevelopment 13
Leadership & Governance
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Industry Partnerships
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Culture, Diversity & Innovation
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The AVID story
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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
10–11 12
We are... AVID AVID Property Group (AVID) is an awardwinning Australian developer responsible for a diversified portfolio of residential communities in key growth precincts across Australia. Having delivered $2.6 billion worth of projects over the past 13 years, AVID’s current portfolio includes more than 14,300 residential blocks and a gross revenue pipeline of $4.9 billion. With 38 projects across the eastern seaboard, AVID has a diverse mix of developments, including masterplanned communities, completed homes and apartments. Led by highly experienced senior management, AVID deliver exceptional communities, valuable shareholder returns and wonderful environments for its customers.
We are proud of our legacy... highly distinctive projects which are characterised by excellence in project design, ingenuity in land and asset use, deep market understanding and uncompromised customer focus. We look to the future with excitement as we continue to grow and lead our industry in the creation of extraordinary places for people to live and work, and deliver projects with proven investment value. We are a team of highly experienced, passionate and talented individuals whose combined talents and energies skilfully balance financial, environmental, social and economic factors to deliver exceptional projects, valuable shareholder returns and wonderful environments for our 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 of $4.9 billion. This includes a diverse mix of development types, including masterplanned communities, housing, medium density living, apartments and more than 320 hectares of industrial land.
$2.6+ billion
320 ha gross
14,300 blocks
worth of projects delivered over the last 13 years
Industrial Land
Residential
NT QLD WA SA NSW
SA NSW VIC Bloomdale – Diggers Rest
lyssia – Wollert E Sienna North – Plumpton Lilium – Clyde
Savana – Wyndham Vale
Hillstowe – Officer
Sienna Rise – Plumpton
Marlee – Deanside 4
VIC
Carolina – Deanside
Little Creek – Kirkwood
QLD Augustus – Hervey Bay Harmony – Palmview
North Harbour – Morayfield
Bellmere – Bellmere
Acacia – Burpengary Covella – Greenbank
Caboolture – Caboolture
The Meadows – Strathpine
Brentwood Forest – Bellbird Park
The Orchard – Bundall
Chambers Ridge – Park Ridge Killara – Logan Reserve
Serendale – Coomera
Arundel Springs – Arundel
NewBase – Brendale
Swanbank Enterprise Park – Ipswich Sphere – Southport
NSW
States QLD NSW VIC Total
1 2
Lots (Residential)
Waterford – Chisholm Harvest – Chisholm The Rathbone – Surry Hills Hillsbrook – Box Hill Allure – Box Hill Oran Park Town – Oran Park
Gross Revenue (Residential)
Projects (Residential)
8,323
2,971,975,405
18
1,545
455,973,430
8
4,411
1,440,279,420
10
14,279
4,868,228,255
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Projects (Industrial) 2
2
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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
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Leadership & Governance The Board of Directors, Executive Committee and Management Team of AVID Property Group comprise some of the nation’s most experienced and innovative leaders across real estate development, business management, property and asset management, project financing and development, legal, risk, audit, and project sales and marketing.
In 2016, AVID Property Group entered into a new ownership and funding arrangement with Proprium Capital Partners, a global private equity business. The strength of Proprium’s financial commitment will allow AVID Property Group to energetically pursue our growth and diversification strategy over the next five to ten years.
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 Officer
Chief Financial Officer
Group General Counsel
General Manager People & Culture
General Manager WHSE
Bruce Harper
Peter Vlitas
Leanne Morgan
Peter Wood
Linda Walsh
General Manager QLD
General Manager VIC
General Manager Organisational Development and Transformation
General Manager Housing
General Manager Marketing & Sales
Spiro Prevezanos
Nathan Huon
Holly Brennan
Danny Boubli
General Manager Capital Transactions
Project Director NSW
National Sales Manager
Project Director Apartments
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Culture shows our brand promise in action
Culture, Diversity & Innovation
AVID Property Group genuinely lives to express our brand values in everything we do and everything we say. It’s the topic of conversation and focus from our regional project offices to our Boardroom.
AVID’s expression of diversity can be seen in many ways throughout the business.
We know that the way we behave, connect with others and pursue our goals – our corporate DNA – is integral to our long term success, and importantly that of our customers.
We are a blended group – a mix of skills and backgrounds; a blend of age, gender and cultural origins; people working full-time, part-time, casual and contract. We embrace freedom of thought and creativity and in doing so, we achieve far more for our shareholders, our partners, our customers and our people.
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 5%
Masters Degree and Degree Qualified
23% 35%
1% 8% Male – Full-Time Female – Full-Time
Degree Qualified Diploma/Vocational/ Professional
42%
Female – Part-Time Female – Contract
48%
Male – Contract
Executive Team Gender Profile
33% women
38%
Workplace Gender Profile
67% men
61% women
Workforce Profile by Employment Status
39% men
Workforce Profile by Age 3% 7%
9%
Full-Time
6%
< 25 Years
13%
29%
Part-Time Contract 85%
26 – 35 Years 36 – 45 Years
21%
46 – 55 Years 27%
56 – 65 Years 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 • Environmental Groups / Initiatives • Local schools and educational programs • Charities supporting people with disability
AVID’s Sponsorship and Grants Program is divided into three categories: 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 Sponsorship
strong relationships and partnerships for the future. ACTIVATE: Initiatives that nurture positive business or community culture.
Bloomdale Community 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. AVID continues to proudly partner with Take 3 for the sea in 2020 and 2021 as Bronze partners. 10
POWERED BY
Sunshine 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.
Kicking Goals with Collingwood Football Club Partnership AVID Property Group (AVID) is proud to have supported
AVID General Manager Victoria Peter Vlitas said the
Collingwood Football Club throughout the 2020 season,
2020 partnership had been very successful and provided
as co-major partner for the club’s AFLW side.
a unique opportunity to share the common values of both AVID and Collingwood Football Club.
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. 11
Customers make our business Our customers will ultimately judge the success of AVID’s business approach. These are the people who make potentially the largest investment of their life when they choose to settle in an AVID community.
Our customers may be home buyers looking for a family home, an investor seeking to set up for their future, a retailer wanting to establish premises within an AVID community or someone heading to work in an AVID-designed and built commercial space.
Our customers all have their individual stories. By continually seeking to understand our customers’ needs and the barriers they must overcome in order to realise their dreams, AVID establishes relationships, which are enjoyable, successful, profitable and sustainable for all.
With you all the way home
Good relationships only develop where there is trust and good communication. In an age where technology is ever popular, AVID has taken the opportunity to combine the efficiency and effectiveness of digital tools with the understanding that only comes from actually speaking with another person.
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AVID has a purpose-built communication platform which connects our people with our customers. It’s two-way, it’s real time and it supports our customers at every step of their buying journey.
You can use our customer service system to explore or buy our land and apartment projects but you can also do so much more, like choose a home design, get tips on garden design or interior decorating.
In fact, every customer has a direct line to our National Customer Service Manager. It doesn’t get more personal than that.
And of course, customers can give us feedback, which provides insight that is quite simply invaluable.
EnviroDevelopment 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 processes are simplified through strong and collaborative working relationships with partners and suppliers. AVID Property Group reaches across the property sector to draw together like-minded partners in support of our commitment to quality, innovation, relevance and speed to market.
Our employees are engaged in local committees, roundtables, workshops and think tanks, government and tertiary research programs, and mentoring programs.
These relationships support our customer promise, and this is how we bring together the best minds to meet contemporary challenges and identify future opportunities. As a national developer of residential and industrial projects, AVID Property Group recognises the importance of supporting and engaging in the professional development of our industry.
These Associations represent AVID nationally:
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No 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.au
Contact 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. November 2020.
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