Mapletree Logistics Trust · SGX:M44U

Mapletree Logistics Trust — Merger or Acquisition (June 2006)

11 slides from Mapletree Logistics Trust's merger presentation, Jun 6, 2006

  1. Slide 1: Acquisition of Two Properties in Singapore

    Acquisition of Two Properties in Singapore 6 June 2006

  2. Slide 2: Agenda

    506002si_2 Jul.ppt Agenda ƒ Details of the properties: ¾ 85 Defu Lane 10, Singapore 539218 ¾ 39 Tampines Street 92, Singapore 528883 ƒ Impact on MapletreeLog ¾ Acquisitions are DPU accretive ¾ Tenant concentration ¾ Asset mix ¾ Average lease duration ¾ Unexpired lease of underlying land ¾ Geographic

  3. Slide 3: 85 Defu Lane 10

    506002si_2 Jul.ppt 85 Defu Lane 10 ƒ Purchase price: S$17.0 million ƒ Appraised value: S$17.0 million by Chesterton International Consultants Pte Ltd dated 22 May 2006 ƒ Land tenure: Expiry in 2050 ƒ Land area: 5,000.1 sqm GFA: 11,984.0 sqm Lettable area: 11,984.0 sqm ƒ Lease terms: Sale and leaseba

  4. Slide 4: 39 Tampines Street 92

    506002si_2 Jul.ppt 39 Tampines Street 92 ƒ Purchase price: S$13.6 million ƒ Appraised value: S$13.7 million by Chesterton International Consultants Pte Ltd dated 22 May 2006 ƒ Land tenure: Expiry in 2054 ƒ Land area: 4,804.6 sqm GFA: 9,523.9 sqm Lettable area: 9,523.9 sqm ƒ Lease terms: Sale and lea

  5. Slide 5: Acquisitions are DPU accretive

    506002si_2 Jul.ppt Acquisitions are DPU accretive Properties 85 Defu Lane 10 39 Tampines Street 92 Total Return (over 10 years) 8.09% 8.04% DPU impact1 0.06 Singapore 0.05 Singapore cents (proforma annualised impact) cents 1. Assuming MapletreeLog had purchased, held and operated the property for th

  6. Slide 6: Tenant concentration

    506002si_2 Jul.ppt Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of March 2006 12% Pre-Acquisitions Post-Acquisitions 9.8% 9.6% 10% 8% 6.5% 6.3% 6% 4.1% 4.0% 4.0% 3.9% 4% 3.1% 2.9% 3.0% 2.9% 2.6% 2.6% 2.6% 2.5% 2.6% 2.5% 2.4% 2.3% 2% 0% Ever Gain Gro up T

  7. Slide 7: Asset mix

    506002si_2 Jul.ppt Asset mix Before the acquisitions* After the acquisitions* Gross Revenue Contribution by Trade (Pre-Acquisitions) Gross Revenue Contribution by Trade (Post-Acquisitions) Oil & Chemical Oil & Chemical FTZ 3PL FTZ 3PL Logistics Logistics 10.2% 10.0% 7.1% 7.0% Industrial Industrial W

  8. Slide 8: Average lease duration

    506002si_2 Jul.ppt Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of March 2006) 60% Pre-Acquisitions Post-Acquisitions 50.8% 50% 41.2% 40% 30% 18.8% 20% 14.7% 14.3% 11.9% 11.5% 10.7% 10% 6.4% 6.2% 7.5% 6.2% 0% Expiring in Expiring in Expiring in Expiring in Expiring in

  9. Slide 9: Unexpired lease of underlying land

    506002si_2 Jul.ppt Unexpired lease of underlying land Re maining Ye ars to Expiry of Unde rlying Land Le ase 60% 53.4% 52.4% Pre-Acquisitions Post-Acquisitions % of Total Lettable Area 50% 40% 33.5%34.7% 30% 20% 10% 6.5% 5.3% 3.8%3.7% 2.8%2.7% 0.0% 1.1% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50

  10. Slide 10: Geographical allocation of portfolio

    506002si_2 Jul.ppt Geographical allocation of portfolio Before the acquisitions* After the acquisitions* Country Allocation - By Gross Revenue Country Allocation - By Gross Revenue (Pre-Acquisitions) (Post-Acquisitions) Malaysia Malaysia China 5% China 4% 2% 2% Hong Hong Singapore Kong Singapore Kon

  11. Slide 11: Disclaimer

    506002si_2 Jul.ppt Disclaimer The value of units in MapletreeLog (“Units”) and the income from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possib

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