Capitaland India Trust · SGX:CY6U
Capitaland India Trust — Ascendas India Trust — Shareholder Meeting (April 2022)
18 slides from Capitaland India Trust's shareholder meeting presentation, Apr 14, 2022
Slide 1: 2022 Annual General Meeting
Ascendas India Trust 2022 Annual General Meeting Thursday, 14 April 2022 2.30pm
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors incl
Slide 3: a-iTrust Overview
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Slide 4: Introduction to a-iTrust
Mumbai 10% Introduction to a-iTrust Pune 10% Our presence Bangalore 7 Business Parks 34% 15.0 million sq ft 1 Logistics Park completed floor area 1 Data Centre Development Chennai 8.7% YoY Across 19% Mumbai 5 Key Indian Cities • Arshiya Panvel warehouses Mumbai Hyderabad Pune 27% • Building Q1, 7% •
Slide 5: COVID-19 Updates
COVID-19 Updates Omicron variant • Daily COVID-19 cases have fallen to less than 5,000 cases per day, the lowest in 22 months. Recovery rate is stable at 99%. COVID-19 Vaccination drive in India1 • India has administered more than 1.8 billion doses of inoculation and more than 80% of the adult popul
Slide 6: FY 2021 Highlights
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Slide 7: 2021 Highlights
2021 Highlights FY 2021 NPI PORTFOLIO SUSTAINABILITY AUM 7 existing buildings S$155.7 million RENTAL REVERSION S$2.4 billion upgraded to “Platinum” or 5% YoY 18% YoY 5.5% “Gold” green ratings PROACTIVE OFFICE RENT SUSTAINABILITY- FY 2021 DPU COLLECTION LINKED FINANCING LEASING/RENEWALS 7.80 Singapor
Slide 8: Sustainability: A Key Focus for a-iTrust
Sustainability: A Key Focus for a-iTrust 2021 ESG Highlights Environmental 15% YoY 43% YoY Energy Intensity1 Water Intensity1 54% 87% ~25% Constituent of 27% YoY 25% YoY Renewable Energy Green-certified Sustainability- iEdge-UOB APAC Carbon Intensity1 Waste Generated1 Consumption1 Portfolio2 linked
Slide 9: Diversifying the Portfolio
Diversifying the Portfolio New Economy Asset Classes New Established Micro-markets ❑ During the year, a-iTrust diversified into two new asset classes: industrial and data centres ❑ The Trust made our first foray into industrial assets via the proposed forward purchase of a fully pre-leased industria
Slide 10: FY 2021 Performance
FY 2021 Performance FY 2021 FY 2020 Variance • Higher due to income contribution from Anchor Annex building at ITPB and aVance 6 at SGD/INR FX rate1 55.1 53.5 3% aVance Hyderabad; • Partially offset by lower portfolio occupancy, ₹10,613 million ₹10,250 million 4% Total property income lower utilitie
Slide 11: Adequate Liquidity with Prudent Capital Management Approach
Adequate Liquidity with Prudent Capital Management Approach Debt Maturity Profile • Healthy gearing ratio of 35% Hedging ratio Effective borrowings: S$1,089 million • Available debt headroom of S$960 million INR: 64% S$: 36% (gearing limit of 50%) S$ million • Interest service coverage at 3.7 times
Slide 12: Diversified Tenant Base
Diversified Tenant Base Tenant Statistics 259 tenants Largest tenant accounts for 14% of total base rent 129,600 park employees Top 10 tenants accounts for 44% of total base rent Healthcare & Pharmaceutical Oil & Gas Retail Argentina 2% 2% Singapore 1% 1% Food & Beverage 1% Others Telecommunication
Slide 13: India's IT Sector Bound for Strong Growth
India’s IT Sector Bound for Strong Growth 30% >15% revenue growth and 445,000 “..doubled our manpower or the number of Google 600 headcounts added last year employees in India from the beginning of 2020 to now, and we are likely to double those in the next two years again.” 20% 400 Google India Coun
Slide 14: Portfolio Occupancy
Portfolio Occupancy Committed portfolio occupancy: 87% Committed portfolio occupancy (excluding Aurum Q1): 88% 99% 100% 91% 90% 91% 92% 91% 89% 91% 86% 82% 78% 71% 73% 65% 62% 64% 54% 55% ITPB ITPC CyberVale aVance 1 CyberPearl ITPH aVance Arshiya Aurum 2 3 Hyderabad Pune Panvel Q1 a-iTrust physical
Slide 15: Spread-out Lease Expiry Profile
Spread-out Lease Expiry Profile Weighted average lease term: Weighted average lease expiry: 6.7 years 3.6 years Monthly base rent expiring (INR million) 300 Millions 39% 250 200 1 23% 150 20% 100 11% 7% 50 - 2022 2023 2024 2025 2026 & beyond All information as at 31 December 2021 Note: Retention rat
Slide 16: Key Focus Areas for 2022
Key Focus Areas for 2022 Improve portfolio resilience and performance through diversification in new economy asset classes and promising micro-markets ❑ Continue with investment in existing committed IT parks and logistics/industrial assets pipeline; seize value accretive opportunities for quality I
Slide 17: Key Focus Areas for 2022
Key Focus Areas for 2022 Continue to nurture strong tenant relationships to improve customer loyalty and portfolio occupancy • Proactive in commencing lease renewal discussions sooner than usual (six to nine months prior to lease expiry) • Organise variety of events throughout the year to stay conne
Slide 18: Thank you
Thank yo ascendas India’ ‘AMember CapitaLand Investment
Ascendas India Trust — Shareholder Meeting (April 2022) on 6ix