Slide 1: Acquisition of 8 Changi South Lane, Singapore 486113
Acquisition of 8 Changi South Lane, Singapore 486113 6 July 2006
Slide 2: Agenda
506002si_2 Jul.ppt Agenda Details of the property: ¾ 8 Changi South Lane, Singapore 486113 Impact on MapletreeLog ¾ Acquisition is DPU accretive ¾ Tenant concentration ¾ Asset mix ¾ Average lease duration ¾ Unexpired lease of underlying land ¾ Geographical allocation of portfolio 1 1
Slide 3: 8 Changi South Lane
506002si_2 Jul.ppt 8 Changi South Lane Purchase price: S$15.6 million Appraised value: S$15.8 million by Chesterton International Consultants Pte Ltd dated 22 May 2006 Land tenure: Expiry in 2057 Land area: 7,923.0 sqm GFA: 10,834.0 sqm Lettable area: 10,834.0 sqm Lease terms: Sale and lea
Slide 4: Acquisition is DPU accretive
506002si_2 Jul.ppt Acquisition is DPU accretive Property 8 Changi South Lane Total Return (over 10 years) 8.00% DPU impact1 0.04 Singapore cents (proforma annualised impact) 1. Assuming MapletreeLog had purchased, held and operated the property for the whole of the financial year 31 December 2005 (b
Slide 5: Tenant concentration
506002si_2 Jul.ppt Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of March 2006 10% Pre-A cquisition Post-A cquisition 9.4% 9.3% 9% 8% 7% 6.1% 6.1% 6% 5% 4.0% 3.9% 3.9% 3.8% 4% 2.8% 2.8% 2.8% 2.8% 3% 2.5% 2.5% 2.5% 2.5% 2.5% 2.4% 2.3% 2.2% 2% 1% 0% Ever Ga
Slide 6: Asset mix
506002si_2 Jul.ppt Asset mix Before the acquisition* After the acquisition* Gross Revenue Contribution by Trade (Pre-Acquisition) Gross Revenue Contribution by Trade (Post-Acquisition) Oil & Chemical Oil & Chemical FTZ 3PL FTZ 3PL Logistics Logistics 9.7% 9.6% 6.8% 6.7% Industrial Industrial Warehou
Slide 7: Average lease duration
506002si_2 Jul.ppt Average lease duration Le as e Expir y Pr ofile by Gr os s Re ve nue (for the M onth of M ar ch 2006) 60% Pre-A cquisition Post-A cquisition 50.9% 51.4% 50% 40% 30% 20% 15.1% 15.0% 11.6% 11.5% 10.8%10.7% 10% 5.5% 5.5% 6.0% 6.0% 0% Expiring in Expiring in Expiring in Expiring in Ex
Slide 8: Unexpired lease of underlying land
506002si_2 Jul.ppt Unexpired lease of underlying land Remaining Years to Expiry of Underlying Land Lease 60% 52.4% 52.0% Pre-Acquisition Post-Acquisition 50% % of Total Lettable Area 40% 34.9%34.6% 30% 20% 10% 5.2% 5.1% 3.7% 3.6% 2.7% 3.5% 1.1% 1.1% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 yrs
Slide 9: Geographical allocation of portfolio
506002si_2 Jul.ppt Geographical allocation of portfolio Before the acquisition* After the acquisition* Country Allocation - By Gross Revenue Country Allocation - By Gross Revenue (Pre-Acquisition) (Post-Acquisition) Malaysia Malaysia China 5% China 5% 2% 2% Hong Hong Singapore Singapore Kong Kong 62
Slide 10: 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