Mapletree Logistics Trust · SGX:M44U

Mapletree Logistics Trust — Merger or Acquisition (July 2007)

11 slides from Mapletree Logistics Trust's merger presentation, Jul 5, 2007

  1. Slide 1: Acquisition of Northwest Property, China

    Acquisition of Northwest Property, China 5 July 2007

  2. Slide 2: Agenda

    Agenda ƒ Details of the property: ¾ Phase 1 - No 428, Jinda Road and No 359, Yinxing Road, Putuo District, Shanghai, China ¾ Phase 2 – No 533, Jinda Road, Putuo District, Shanghai, China ƒ Impact on MapletreeLog ¾ Acquisition is DPU-accretive ¾ Tenant concentration ¾ Asset mix ¾ Average lease durati

  3. Slide 3: Northwest Property

    Northwest Property ƒ Purchase Price : RMB 155 million (approx. S$31 million) Phase 1 – RMB 100 million Phase 2 – RMB 55 million ƒ Land tenure : Phase 1 – 50 years from 10 Jan 2005 to 9 Jan 2055 Phase 2 – 50 years from 30 Oct 2006 to 29 Oct 2056 ƒ Land area : 76,908 sqm (approx.) GFA : 37,878 sqm (ap

  4. Slide 4: Northwest Property

    Northwest Property ƒ Lease terms : Sale with assignment of existing leases ƒ Outgoings: Phase 1 – Landlord is responsible for all property maintenance of the internal and external of the buildings Northwest Property comprises three single-storey warehouses Phase 2 – Landlord is responsible with an a

  5. Slide 5: Acquisition is DPU-accretive

    Acquisition is DPU-accretive Northwest Property Total Return (over 10 years) 10.2% DPU impact1 0.04 Singapore cents (proforma annualised impact) 1. Assuming Mapletreelog had purchased, held and operated the property for the financial year ended 31 December 2006 (based on 41 properties) and that the

  6. Slide 6: Tenant concentration

    Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of March 2007 5% 4.4% Pre-Acquisition Post-Acquisition 5% 4.3% 4.1% 4.0% 4% 3.6% 3.6% 3.6% 3.5% 4% 3% 2.7% 2.6% 3% 2.3% 2.2% 2% 1.6% 1.6% 1.6% 1.6% 1.6% 1.5% 1.5% 1.5% 2% 1% 1% 0% Ever Gain Zama Centre Teck Wa

  7. Slide 7: Asset mix

    Asset mix Before the acquisition After the acquisition Gross Revenue Contribution by Trade (Pre-Acquisition) Gross Revenue Contribution by Trade (Post-Acquisition) Oil & Chemical Logistics FTZ 3PL 4.2% Oil & Chemical Logistics Industrial 4.4% FTZ 3PL 4.1% Warehousing 4.4% Industrial Warehousing 11.5

  8. Slide 8: Average lease duration

    Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of March 2007) 40% Pre-Acquisition Post-Acquisition 37.7% 37.6% 35% 30% 25% 20% 17.0% 16.7% 15% 13.5% 13.3% 9.7% 9.6% 10% 8.6% 9.4% 6.7% 6.9% 6.4% 6.3% 5% 0% Expiring in Expiring in Expiring in Expiring in Expiring in Expiri

  9. Slide 9: Unexpired lease of underlying land

    Unexpired lease of underlying land Remaining Years to Expiry of Underlying Land Lease Pre-Acquisition Post-Acquisition 50% 45.1% 45% 44.2% 40% % of Total Lettable Area 35% 29.6% 30% 28.2% 25% 20% 14.5%14.3% 15% 10% 8.0%7.8% 5% 3.4%3.4% 0.7% 0.7% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 yrs 51 -

  10. Slide 10: Geographical allocation of portfolio

    Geographical allocation of portfolio Before the acquisition After the acquisition Country Allocation - By Gross Revenue Country Allocation - By Gross Revenue (Pre-Acquisition) (Post-Acquisition) Japan Japan 13% 12% Malaysia Malaysia 6% 6% Singapore Singapore China China 50% 51% 5% 7% Hong Kong Hong

  11. Slide 11: Disclaimer

    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 possible loss of the prin

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