Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Ascott Residence Trust — Merger or Acquisition (September 2018)
24 slides from Singapore Exchange's merger presentation, Sep 20, 2018
Slide 1: Acquisition of Prime one-north Site in Singapore for Development of Coliving lyf Property
Ascott Residence Trust A Leading Global Serviced Residence REIT Acquisition of Prime one-north Site in Singapore for Development of Coliving lyf Property 20 September 2018 1
Slide 2: Disclaimer
Disclaimer IMPORTANT NOTICE The value of units in Ascott Residence Trust (“Ascott REIT”) (the “Units”) and the income derived from them may fall as well as rise. The Units are not obligations of, deposits in, or guaranteed by Ascott Residence Trust Management Limited, the manager of Ascott REIT (the
Slide 3: Content
Content ▪ Acquisition Highlights ▪ Project Details ▪ Rationale for the Acquisition ▪ Summary 3
Slide 4: Acquisition Highlights
Acquisition Highlights lyf one-north Singapore (Artist Impression) 4 Concept Design by WOHA
Slide 5: Acquisition of Prime one-north Site for Development of Coliving lyf Property
Acquisition of Prime one-north Site for Development of Coliving lyf Property Prime Site at one-north - Prominent research hub and business center 1 - Catchment of young entrepreneurs, millennials and professionals - Accessible to major expressway and public transport system lyf one-north Singapore :
Slide 6: Project Details
Project Details lyf one-north Singapore (Artist Impression) 6 Concept Design by WOHA
Slide 7: Site Details
Site Details Located in one-north: Singapore’s Research and Innovation Business Hub Location Nepal Hill, one-north •Essec Tenure 60 years •Anglo Chinese • One North Residences •Unilever Serviced Apartment Four Acres Type of Use (Coliving Residence) • Fairfield Methodist •Pixel Zoning Residential •In
Slide 8: Project Details: lyf one-north Singapore
Project Details: lyf one-north Singapore The First Coliving Development in one-north Capturing Untapped Demand in the Area Proposed lyf one-north Singapore Development Millennial-minded business travellers, working professionals, executive education program Target Market participants seeking colivin
Slide 9: lyf one-north Singapore
lyf one-north Singapore Artist Impression of Aerial View Designed as a dynamic “Lightning Bolt”, a symbol of energy & vibrancy, lyf one-north Singapore will be the first standalone serviced residence for hip and chic co-living in Singapore. It is shapedArtist around Impression a variety of public pl
Slide 10: Design Concept
Design Concept Green Social Spaces Sandwiched between two blocks, the activity terrace provides cool and shaded recreational space for fun social and wellness activities. Artist Impression The ground level will feature a welcoming entrance plaza designed for public events and activities for lyf resi
Slide 11: Design Concept
Design Concept Design of Studio and Loft Units Loft Units Artist Impression Studio units will feature hanging pin boards and shelves as creative spaces, hanging rails for flexible clothing storage as well as built-in platform beds doubling up as luggage storage. For those who prefer bigger spaces, t
Slide 12: Design Concept
Design Concept Communal Spaces Wash & Hang (Social Laundromat) Connect (Communal Lounge) Artist Impression Say Hi (Bar/Café Check-in) 12
Slide 13: Design Concept
Design Concept Communal Spaces Bond (Social •LAUNDROMAT •G Kitchen) •COMMUNAL LOUNGE Artist Impression Connect (Event Space ) 13
Slide 14: Rationale for the Acquisition
Rationale for the Acquisition lyf one-north Singapore (Artist Impression) 14 Concept Design by WOHA
Slide 15: Rationale for the Acquisition
Rationale for the Acquisition Broaden Earnings Base, Diversify and Strengthen Portfolio to Grow Unitholders’ Returns 1▪ Secure High Potential Asset Upfront 2▪ Located in Prime Developing District; Acquisition Strengthens Singapore Presence 3▪ New Product Catered for the Rising Millennial-Minded Mark
Slide 16: Secure High Potential Asset Upfront
1 Secure High Potential Asset Upfront Limited Opportunities to Acquire Yield Accretive Completed Properties within Singapore’s Developed Hospitality Market Higher Returns and DPU Enhancement •Lower investment outlay compared to buying completed property •Clean land title, low-rise building with no b
Slide 17: Located in Prime Developing District
2 Located in Prime Developing District Strengthens Ascott REIT’s Presence in Singapore Singapore’s Economy Remains Robust Ranked top 5%1 for ease of starting and doing business S$ 2018 GDP growth forecasted at 2.5% to 3.5%2 Fixed asset investments of S$8 billion to S$10 billion expected for 20183 wi
Slide 18: Located in Prime Developing District: Site Location Map
2 Located in Prime Developing District Site Location Map Essec One North Anglo Chinese Residences Junior College Unilever Four Acres Fairfield Methodist School Pixel Insead Sandcrawler Site Location Fusionopolis Citadines Fusionopolis 18
Slide 19: Located in Prime Developing District: One-north Estate Map
2 Located in Prime Developing District One-north Estate Map VISTA LAUNCHPAD - The Metropolis - JTC LaunchPad (Blks 67 – - MOE 81; spaces for startups - BASF Learning Campus and enablers) - The Star Vista - Timbre + (gastropub) - Rochester Park - Park Avenue Rochester & BIOPOLIS Rochester Mall - A* S
Slide 20: New Product Catered for the Rising Millennial-Minded Market
3 New Product Catered for the Rising Millennial-Minded Market Ascott REIT’s First Coliving Property Set to be the First Coliving Development in one-north Precinct ▪ lyf, a coliving brand designed and managed by millennials for millennials and millennial-minded travellers ▪ Signifies a new way of liv
Slide 21: New Product Catered for the Rising Millennial-Minded Market
3 New Product Catered for the Rising Millennial-Minded Market Ascott REIT’s First Coliving Property Set to be the First Coliving Development in one-north Precinct Under-served Demand in one-north ▪ Strong demand for community living and collaboration from the catchment of 50,000 professionals who ar
Slide 22: Summary
Summary lyf one-north Singapore (Artist Impression) 22 Concept Design by WOHA
Slide 23: Summary
Summary Acquisition of Prime one-north Site for Development of Ascott REIT’s First Coliving lyf Property 1 ▪ Lower investment outlay; potential for uplift at property completion Secure High Potential Asset ▪ Undertaking development enables building design customisation, Upfront important for colivin
Slide 24: Thank You
Thank You For enquires, please contact: Ms Kang Wei Ling, Investor Relations Direct: (65) 6713 3317 Email: kang.weiling@the-ascott.com Ascott Residence Trust Management Limited (http://ascottreit.com/) 168 Robinson Road #30-01 Capital Tower, Singapore 068912 Tel: (65) 6713 2888 ; Fax: (65) 6713 2121
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