Keppel Ltd. · SGX:BN4
Keppel — Keppel Capital — Singapore REITs Symposium 2021
21 slides from Keppel's conference presentation, May 15, 2021
Slide 1: Trusted Investment Partner. Delivering Sustainable Returns.
Trusted Investment Partner. Delivering Sustainable Returns. Singapore REITs Symposium 2021 15 May 2021
Slide 2: Content Outline
Our Commitment Content Outline ENVIRONMENTAL STEWARDSHIP 3 Keppel Capital: An Integrated Asset Management Platform In line with Keppel’s Vision 2030, we will do our part to combat climate change, and are 7 Our REITs and Trust committed to improving resource efficiency and reducing our environmental
Slide 3: Keppel Capital: An Integrated Asset Management Platform
Keppel Capital: An Integrated Asset Management Platform A leading multinational company providing solutions for sustainable urbanisation 100% An established manager offering investors quality investment products through its listed REITs1 and business trust, as well as private funds One of the larges
Slide 4: Keppel Capital: Global Capabilities. Local Agility.
Keppel Capital: Global Capabilities. Local Agility. Diversified portfolio of real estate, infrastructure, data centre and alternative assets in over 40 cities across key global markets Assets under Management S$37b1 (US$28b) as at end-2020 London Amsterdam Dublin Cardiff Almere Seattle Denver Frankf
Slide 5: Delivering Sustainable Returns: Platforms for Growth
Delivering Sustainable Returns: Platforms for Growth Continued focus on driving growth to deliver sustainable long-term returns 2019 2020 ▪ Successfully closed the 2021 & 2017 US$1.1b AAMTF III ▪ Raised total equity of beyond ▪ Successful listing of ~S$4.5b from SWFs and 2016 ▪ Expanded into the US
Slide 6: Sustainability at the Core of Keppel Group's Strategy
Sustainability at the Core of Keppel Group’s Strategy Sustainability as our business Focused portfolio Guide our portfolio towards sustainable • Seize opportunities in green developments, solutions through: renewables, new energy and circular • Climate risk assessments economy solutions • Internal c
Slide 7: Introducing Our REITs and Trust
Introducing Our REITs and Trust 7
Slide 8: Pan-Asian REIT with Grade A Office Portfolio
Pan-Asian REIT with Grade A Office Portfolio
Slide 9: Sustainable Pan-Asian Portfolio with Income Resilience
Sustainable Pan-Asian Portfolio with Income Resilience Singapore, Australia, $8.9b 77.4% 19.2% ESG Awards Grade A commercial portfolio with South ▪ BCA Green Mark Platinum award for strong committed occupancy to an Korea, all Singapore assets established and diversified tenant base 3.4% ▪ 5 Stars an
Slide 10: 1Q 2021 Key Highlights
1Q 2021 Key Highlights $51.6m 96.5% 1Q 2021 distributable income High portfolio committed occupancy from operations1 as at 31 Mar 2021 Up 22.0% y-o-y $270.0m 6.7 years Gross proceeds raised from the Long portfolio weighted average lease private placement2 that was expiry (WALE) as at 31 Mar 2021 app
Slide 11: First Pure-Play Data Centre REIT Listed in Asia on SGX
First Pure-Play Data Centre REIT Listed in Asia on SGX
Slide 12: Steady Portfolio Growth Since Listing
Steady Portfolio Growth Since Listing Investing in income- producing data centre assets, as well as real estate and assets necessary to support the digital economy Assets under Management $3.0b 19 data centres1 across 8 countries Total Unitholder Returns 38.4% in FY 2020 and 311.6% since listing as
Slide 13: 1Q 2021 Highlights
1Q 2021 Highlights Steady growth in DPU Resilient income stream Financial flexibility Adjusted DPU (cents) High portfolio occupancy Healthy aggregate leverage4 37.2% 10 97.8% 9.170 9 8 7.7103 7.320 7 6.510 6.6801 6.9702 as at 31 Mar 2021 as at 31 Mar 2021 6 5 4 Long portfolio WALE High interest cove
Slide 14: Distinctive Office REIT in Key Growth Markets of the US
Distinctive Office REIT in Key Growth Markets of the US
Slide 15: Freehold office buildings and business campuses across key growth markets
Freehold office buildings and business campuses located across key growth markets driven by innovation and technology US$1.30b Portfolio Value 91.6% Portfolio Committed Occupancy > 4.7m sf Net Lettable Area All information as at 31 Mar 2021. 15
Slide 16: 1Q 2021 Key Highlights
1Q 2021 Key Highlights Distributable 1Q 2021 Income Rent Collection US$14.9m ~98% 3.6% growth y-o-y Exposure to Exposure to the Tech Hubs of Tech and Medical/ Healthcare Seattle – Bellevue/Redmond, Tenant Lounge, The Westpark Portfolio, Redmond, Seattle, Washington Austin and Denver ✓ Proven resilie
Slide 17: Largest Diversified Business Trust Listed in Singapore
Largest Diversified Business Trust Listed in Singapore
Slide 18: Strategic portfolio of businesses and assets in defensive industries
Strategic portfolio of businesses and assets in highly defensive and essential industries Assets Under Management $5.1b as at 31 Mar 2021 ENERGY WASTE & WATER 18
Slide 19: 1Q 2021 Key Highlights
1Q 2021 Key Highlights Completed the Acquisition of Philippine Coastal1 The strategic addition of Philippine Coastal will strengthen KIT’s portfolio, providing new growth pillars that will drive long-term sustainable returns Operational Cash Flows (OCF) $66.5m 1Q 2021 OCF of $66.5m, a 15.6% YoY incr
Slide 20: Keppel Capital: Our Value Propositions
Keppel Capital: Our Value Propositions OUR VISION Global mindset with local execution ▪ Led by a team of industry veterans with in-depth expertise To be the best-in-class asset and decades of experience working in local and international manager, serving as the trusted markets, and with global insti
Slide 21: Thank You
Thank You DISCLAIMER: The materials herein are published solely for informational purposes and may not be published, circulated, reproduced or distributed in whole or in part to any other person without our written consent. No guarantee, representation or warranty, either expressed or implied, is pr