Ame Real Estate Investment Trust · MYX:AMEREIT
Ame Real Estate Investment Trust — Q4 FY2025 Earnings Presentation
26 slides from Ame Real Estate Investment Trust's earnings presentation, April 2025
Slide 1: Investor Presentation Q4 FY2025
Investor Presentation Q4 FY2025
Slide 2: Portfolio Highlights as at 31 March 2025
Portfolio Highlights as at 31 March 2025 RM844.7 mil RM773.5 mil 4.5 Years 2.101 mil sq ft 22.9% Market Capitalisation Portfolio Market Value Weighted Average Lease Expiry Space under Management(1) Gearing Ratio (by Net Lettable Area)(1) 39 36 100% 3 100% No. of Properties No. of Industrial Properti
Slide 3: Q4 FY2025 Highlights
Q4 FY2025 Highlights Total Revenue of RM13,062,000(1) Net Asset Value (“NAV”) of RM590,408,000 NAV per unit of RM1.1183(2) Net Property Income of RM11,592,000(1) 527,967,916 number of units in issue(2) Trading at a premium of 43.1% to NAV at Distributable Income of RM9,648,000(1) RM1.60 per unit(2)
Slide 4: Portfolio Overview
Portfolio Overview
Slide 5: Location of Subject Properties
Location of Subject Properties INDAHPURA SUBJECT PROPERTIES Industrial Properties SAC SUBJECT PROPERTIES • 13 units of factories located in i-Park @ Industrial Properties Indahpura • 15 units of factories located in i-Park @ SAC Dormitories • 1 unit of warehouse located near to i-Park @ • 2 units of
Slide 6: Portfolio of Quality Tenants
Portfolio of Quality Tenants • Multinational corporations occupy 96.7% NLA of Industrial Properties • Top 10 tenants of Industrial Properties Titanium Systems Sdn Bhd Jihan Electronic (Malaysia) Sdn Bhd 4
Slide 7: Portfolio Diversification
Portfolio Diversification Portfolio by Market Value Portfolio by Occupied NLA 18.6% 13.1% SAC Industrial Properties SAC Industrial Properties 44.9% Indahpura Industrial Properties Indahpura Industrial Properties 10.2% 53.7% SILC Industrial Properties 33.2% SILC Industrial Properties Dormitories 26.3
Slide 8: Portfolio Diversification
Portfolio Diversification Portfolio by Industrial-Related Properties Portfolio by Gross Monthly Rental Income (by Number of Beds) 28.5% Dorm 1 Indahpura 21.2% SAC Industrial Properties 35.8% Dorm 2 Indahpura 44.0% Indahpura Industrial Properties Dorm 3 SAC 9.1% SILC Industrial Properties Dormitories
Slide 9: Portfolio Diversification
Portfolio Diversification Portfolio by Asset Category by Asset Value Diversification by Trade Sectors by NLA (excl. Dormitories) Top 2 Medical Devices, Top 1 12.9% 18.6% Manufacturing Facilities Electrical and Electronics, 29.5% Top 3 Packaging Products, Logistics Warehouse 11.2% 14.8% Dormitories 6
Slide 10: Tenancy Expiry Profile
Tenancy Expiry Profile Tenancy Expiry Profile % of gross rental income expiring against total rental income of properties as of 01/04/2025 3 3 0 2 3 2 2 0 0 2 1 0 14.2% 6.9% 6.4% 5.9% 4.8% 4.4% 4.1% 2.1% 0.0% 0.0% 0.0% 0.0% SAC Properties Indahpura Properties SILC Properties Dormitories FY2026 FY202
Slide 11: Financial Overview
Financial Overview
Slide 12: Financial Highlights as at 31 March 2025
Financial Highlights as at 31 March 2025 RM808.2 mil RM184.7 mil 22.9% 99.99% Total Assets Total Financings Gearing Ratio Income Distribution(1) RM590.4 mil RM1.1183 1.83 sen(2)/7.43 sen(1) RM1.60 Total Unitholders’ Funds Net Asset Value Per Unit Distribution Per Unit Market Price per Unit (Before I
Slide 13: Statement of Profit or Loss - 4Q25 vs 4Q24
Statement of Profit or Loss - 4Q25 vs 4Q24 4Q25 4Q24 YoY Note Notes: (1) Mainly due to the additional 31.3.2025 31.3.2024 Change contribution from two RM’000 RM’000 properties acquired during the current quarter. The NPI is partly Rental income 13,062 12,483 4.6% (1) offset by the higher other opera
Slide 14: Statement of Profit or Loss – FY2025 vs FY2024
Statement of Profit or Loss – FY2025 vs FY2024 FY2025 FY2024 YoY Note Notes: (1) Mainly due to the additional 31.3.2025 31.3.2024 Change contribution from two RM’000 RM’000 properties acquired during current quarter and rental Rental income 50,903 48,004 6.0% (1) income earned from a property in Oct
Slide 15: Statement of Financial Position
Statement of Financial Position As at 31.3.2025 As at 31.3.2024 RM’000 RM’000 Non-current assets / Investment properties 773,500 686,000 Current assets 34,653 24,174 Total assets 808,153 710,174 Total unitholders’ funds / Net asset value (NAV) 590,408 577,330 Non-current liabilities 178,024 22,879 C
Slide 16: Financing Headroom
Financing Headroom Financing Headroom (as at 31 March 2025) Financing Headroom (after Proposed Acquisitions) RM 623.4 mil RM 625.8 mil Financing headroom of up to RM293.3 mil for acquisitions Financing headroom of up to 50.0% 50.0% RM438.7 mil for acquisitions RM 332.5 mil RM 184.7 mil 34.7% 22.9% A
Slide 17: Financing Profile
Financing Profile FY2025 FY2024 Total Financings (RM’000) 184,712 105,412 Total Assets (RM’000) 808,153 710,174 Financing Ratio 22.9% 14.8% Effective Profit Rate 4.81% 4.83% Percentage of Long Term Financings 81% 100% Percentage of Floating Rate Financings 100% 100% Total Unencumbered Assets 24 32 P
Slide 18: AME REIT’s Total Return Since Listing
AME REIT’s Total Return Since Listing 41.59%(1) 16.44%(1) 58.03%(1) Capital Return Distribution Return Total Return since (including 4Q25 Listing of AME REIT on distribution) 20 September 2022 Note: (1) Based on AME REIT’s initial public offering price of RM1.13 per unit. 15
Slide 19: Proposed Acquisitions of Properties from the Sponsor
Proposed Acquisitions of Properties from the Sponsor
Slide 20: Snapshot of the Acquisitions of Industrial Properties
Snapshot of the Acquisitions of 4 Industrial Properties i-Park SAC 23 & 24 • Total number of properties – 4 • Total agreed net lettable area – 391,872 sq ft • Total purchase consideration – RM119.45 mil • Total market valuation – RM122.00 mil • Total discount to market valuation – 2.09% Completed on
Slide 21: Snapshot of the Proposed Acquisitions of Industrial Properties
Snapshot of the Proposed Acquisitions of 3 Industrial Properties • Total number of properties – 3 • Total agreed net lettable area – 296,542 sq ft • Total purchase consideration – RM100.80 mil • Total market valuation – RM103.20 mil • Total discount to market valuation – 2.33% • Estimated completion
Slide 22: Proposed i-TechValley 35 Acquisition
Proposed i-TechValley 35 Acquisition Tenant CTI International (Malaysia) Sdn Bhd Business Activity Plastic engineering and manufacturing of machine component and equipment of semiconductor, medical device and any other related devices Market Value RM 31.50 million Purchase Consideration RM 30.75 mil
Slide 23: Proposed i-TechValley 36 Acquisition
Proposed i-TechValley 36 Acquisition Tenant CTI International (Malaysia) Sdn Bhd Business Activity Plastic engineering and manufacturing of machine component and equipment of semiconductor, medical device and any other related devices Market Value RM 31.50 million Purchase Consideration RM 30.75 mil
Slide 24: Proposed i-Park SAC 34 Acquisition
Proposed i-Park SAC 34 Acquisition Tenant AAC Technologies (Malaysia) Sdn Bhd Business Activity Electrical and Electronics Market Value RM 40.20 million Purchase Consideration RM 39.30 million Tenure Freehold Lease Term Fixed 10 years Renewal Term Fixed 5 years Agreed Lettable Area Approximately 99,
Slide 25: Pro Forma Effects of Ongoing Acquisitions and Proposed Acquisitions
Pro Forma Effects of Ongoing Acquisitions and Proposed Acquisitions As at 31 March 2025(1) After Ongoing Acquisitions After Proposed Acquisitions Rental Income Per Unit(2) 9.67 sen 10.28 sen 11.66 sen NAV Per Unit(3) RM1.12 RM1.12 RM1.12 Total Financings(3) RM184.7million RM231.7 million RM332.5 mil
Slide 26: Thank You
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AME Real Estate Investment Trust — Q4 FY2025 Earnings Presentation on 6ix