Ctf Services Limited · HKEX:659
Ctf Services — NWS Holdings — Merger or Acquisition (May 2022)
13 slides from Ctf Services's merger presentation, May 16, 2022
Slide 1: Transaction Briefing
New World Group Member Transaction Briefing Acquisition of a portfolio of six logistics properties in Chengdu and Wuhan and establishment of an operating manager joint venture 16 May 2022 |RESTRICTED|
Slide 2: Acquisition of a Portfolio of 6 Logistics Properties in Chengdu & Wuhan
Acquisition of a Portfolio of 6 Logistics Properties in Chengdu & Wuhan Transaction Highlight Announcement date 16 May 2022 50% 50% Transaction structure 1) Acquisition of six logistics properties in Chengdu & Wuhan (the “Portfolio”) 2) Formation of an operating manager joint venture (50/50) with Go
Slide 3: Tapping the Burgeoning Logistics Sector in Central & Western Logistics Hubs
Tapping the Burgeoning Logistics Sector in Central & Western Logistics Hubs 1 Quality and modern warehouses in locations with robust demand ‒ Brisk economic growth of Chengdu and Wuhan fuels logistics demand ‒ Superior location of warehouses warrants demand and rental growth ‒ Best in class properti
Slide 4: High-quality Sizeable Acquisition Opportunity
High-quality Sizeable Acquisition Opportunity Sizeable portfolio in strategic locations – Chengdu & Wuhan • Chengdu and Wuhan have high economic and consumption growth and are important logistics hubs on new international land-sea trade corridor • The 5 properties in Chengdu and 1 property in Wuha
Slide 5: High-quality Sizeable Acquisition Opportunity (cont’d)
High-quality Sizeable Acquisition Opportunity (cont’d) Premium logistics properties with good operational metrics 90%+ average occupancy rate1 3.1 yrs weighted average lease expiry1 64% single level 36% double level with Single Level Warehouse Ramp Access to Double Level Efficient Vehicular Access
Slide 6: High-quality Sizeable Acquisition Opportunity (cont’d)
High-quality Sizeable Acquisition Opportunity (cont’d) Diversified mix of blue-chip tenants Breakdown by Tenant Industry1 Featuring anchor tenants from a diverse range of leading retail, e-commerce and 4% 3% logistics companies 5% 3PL 6% 37% Consumers & Retail E-commerce 19% ~25 Tenants Automotive
Slide 7: Overview of the Portfolio
Overview of the Portfolio Chengdu Airport Logistics Centre Longquan Logistics Centre City Chengdu City Chengdu Completion year 2019 Completion year 2018 GLA (sqm) 53,042 GLA (sqm) 77,783 Land Tenure Remaining (years) 41 Land Tenure Remaining (years) 41 Specifications Double-storey with ramp Specific
Slide 8: Overview of the Portfolio (Cont’d)
Overview of the Portfolio (Cont’d) Xindu North Industrial Park Xinjin Logistics Centre City Chengdu City Chengdu Completion year 2016 Completion year 2018 GLA (sqm) 71,413 GLA (sqm) 67,310 (Total) Land Tenure Remaining (years) 42 27,599 (Completed) + 39,711 (Land) Land Tenure Remaining (years) 42 /
Slide 9: Overview of the Portfolio (Cont’d)
Overview of the Portfolio (Cont’d) Xindu Logistics Centre Hannan Logistics Park City Chengdu City Wuhan Completion year Est. end of June 2022 Completion year 2016-2021 GLA (sqm) 92,756 GLA (sqm) 169,153 Land Tenure Remaining (years) 47 Land Tenure Remaining (years) 42 Specifications Double-storey wi
Slide 10: Chengdu and Wuhan – Robust Demand for Logistics Properties
Chengdu and Wuhan – Robust Demand for Logistics Properties • Strong demand for logistics properties in the Mainland driven by modernizing logistics services, evolving manufacturing industry, high e-commerce penetration and shift to consumption-driven economy; while supply remains limited especially
Slide 11: Market overview Chengdu Wuhan
Market overview Chengdu Wuhan • Chengdu’s economic growth is ahead of most cities in Western • Located at the juncture of Han River and Yantze River, Wuhan region of the Mainland. Steady increase in disposable income is the capital city of Hubei Province and the most populous city and consumption ex
Slide 12: Thank You
a nr Bl 3 NWS Thank You New World Group Member
Slide 13: Disclaimer
Disclaimer NWS Holdings Limited (“NWS”) makes no representation or warranty of any kind, express, implied or statutory regarding the accuracy or completeness of the information contained. It is not the intention to provide, and you may not rely on this presentation as providing, all material informa