Sunway Real Estate Investment Trust · MYX:SUNREIT
Sunway Real Estate Investment Trust — Q3 2015 Earnings Presentation
61 slides from Sunway Real Estate Investment Trust's earnings presentation, Apr 29, 2015
Slide 1: Sunway REIT Financial Results 3rd Quarter Ended 31 March 2015
SUNWAY REIT Financial Results 3rd Quarter Ended 31 March 2015 (FYE 30 June 2015) Announcement Date: 29 April 2015
Slide 2: Disclaimer
DISCLAIMER This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Sunway Real Estate Investment Trust (“Sunway REIT”) and no part of it shall form the basis of, or be relied on in conn
Slide 3: Table of Contents
Table of Contents 1. Financial Highlights & Key Updates 2. 3Q 2015 Financial Results 3. 3Q 2015 Portfolio Performance 4. 3Q 2015 Property Performance 5. Market Outlook 6. Investor Relations Driving values through sustainable growth 3
Slide 4: 1. Financial Highlights & Key Updates
1. Financial Highlights & Key Updates Driving values through sustainable growth 4
Slide 5: Distribution Details
Distribution Details Dividend Distribution Details Distribution Period 1 January 2015 - 31 March 2015 1 Distribution per Unit (DPU) (sen) 2.13 Notice of Entitlement 29 April 2015 Ex-Dividend Date 14 May 2015 Book Closure Date 18 May 2015 Payment Date 2 June 2015 1 Proposed income distribution for 3Q
Slide 6: Financial Highlights
Financial Highlights Highlights 3Q 2015 3Q 2014 Change % No. of Properties 14 12 16.7% Property Value (RM'billion) 5.846 5.253 11.3% No. of Units in Circulation 2,935,569,800 2,926,332,700 0.3% Unit Price as at 31 Mar (RM) 1.57 1.36 15.4% Market Capitalisation (RM'billion) 4.609 3.980 15.8% Net Asse
Slide 7: Financial Highlights (Cont’d)
Financial Highlights (Cont’d) 400.0 Gross Revenue (RM'm) Net Property Income (RM'm) 350.0 350.0 338.5 1 318.6 300.0 2 300.0 2.4% 3.2% 256.4 250.0 242.2 250.0 200.0 200.0 150.0 150.0 113.8 114.0 110.3 110.7 108.1 100.0 100.2 100.0 86.5 86.7 84.4 83.2 80.6 77.2 50.0 50.0 - - 1Q 2Q 3Q YTD 1Q 2Q 3Q YTD
Slide 8: Financial Highlights (Cont’d)
Financial Highlights (Cont’d) Profit Before Tax (Realised) (RM'm) DPU (sen) 200.0 185.4 5.0% 175.9 7.00 6.68 6.33 0.7% 1 6.00 1.4% 2 150.0 5.00 4.00 100.0 63.0 3.00 63.5 62.0 58.9 58.5 2.28 2.27 55.4 2.23 2.13 2.00 2.10 50.0 2.00 1.00 - - 1Q 2Q 3Q YTD 1Q 2Q 3Q YTD 2015 2014 2015 2014 1 PBT(Realised)
Slide 9: Material Litigation
Material Litigation Case: Sunway Putra’s (formerly known as Sunway Putra Place) Assessment for Damages Defendant: Metroplex Holdings Sdn Bhd (“MHSB”) 12.7% After the Federal Court has on 20 February 2012 dismissed MHSB’s application for leave to appeal, RHB Trustees Berhad (as trustee of Sunway REIT
Slide 10: 2. 3Q 2015 Financial Results
18.1% 2. 3Q 2015 Financial Results Driving values through sustainable growth 10
Slide 11: Statement of Comprehensive Income – Consolidated
Statement of Comprehensive Income – Consolidated 3Q 2015 3Q 2014 Change YTD 2015 YTD 2014 Change RM'000 RM'000 % RM'000 RM'000 % Gross revenue 110,709 108,082 2.4% 338,517 318,571 6.3% 1 Less : Property operating expenses (27,532) (27,459) 0.3% (82,111) (76,417) 7.5% Net property income 83,177 80,62
Slide 12: Statement of Financial Position – Consolidated
Statement of Financial Position – Consolidated 31.03.15 31.12.14 30.09.14 30.06.14 RM'000 RM'000 RM'000 RM'000 ASSETS Non-current assets Plant and equipment 4,200 3,737 3,354 3,039 Investment properties 5,846,119 5,652,110 5,558,894 5,520,000 5,850,319 5,655,847 5,562,248 5,523,039 Current assets Re
Slide 13: Debt Profile
Debt Profile Facility Limit RM'mil RM'mil Loan Maturity Profile (RM'mil) Term Loan 360.9 370.31 800.0 700.0 Commercial Papers (CP) / 2 600.0 218.4 Revolving Loans (RL) 900.0 718.4 500.0 Unrated MTNs 1,000.0 1,000.0 400.0 Total Gross Borrowings 2,088.7 300.0 3 500.0 Discount on Commercial Papers (0.1
Slide 14: 3. 3Q 2015 Portfolio Performance
3. 3Q 2015 Portfolio Performance Driving values through sustainable growth 14
Slide 15: 3Q 2015 Revenue Contribution
3Q 2015 Revenue Contribution 3Q 2015 (RM'mil) 110.7 3Q 2014 (RM'mil) 108.1 Retail Hotel Office Others 80.0 72.9 70.0 66.7 60.0 50.0 40.0 30.0 20.0 10.6 9.6 10.0 6.3 7.8 5.2 4.9 3.6 5.1 4.5 4.5 2.9 3.9 1.2 1.2 0.2 0.1 0.9 1.0 0.7 1.0 0.6 - 1.0 2.3 0.1 - - Sunway Sunway SCI Sunway Sunway Pyramid Sunwa
Slide 16: 3Q 2015 Revenue Contribution (Cont’d)
3Q 2015 Revenue Contribution (Cont’d) Explanation:* 1 Sunway Pyramid – Sunway Pyramid Shopping Mall registered strong gross revenue growth of 9.3% or RM6.2 million for 3Q 2015 compared to 3Q 2014 primarily attributable to the higher average net rent per sq. ft. and higher average occupancy rate. The
Slide 17: 3Q 2015 Revenue Contribution (Cont’d)
3Q 2015 Revenue Contribution (Cont’d) By sector Sunway By property Others Office 4.7% Putra Tower 0.9% Sunway Medical 7.7% Centre Wisma Sunway 4.7% Hotel Sunway Tower 0.1% 10.9% Menara Sunway 2.6% 4.1% Sunway Hotel Georgetown Retail 0.5% 76.7% Sunway Putra Hotel Pyramid 0.6% Tower Hotel 3.3% Sunway
Slide 18: YTD 3Q 2015 Revenue Contribution
YTD 3Q 2015 Revenue Contribution YTD 3Q 2015 (RM'mil) 338.5 YTD 3Q 2014 (RM'mil) 318.6 Retail Hotel Office Others 250.0 211.8 200.0 191.7 150.0 100.0 50.0 31.5 27.1 25.0 25.5 14.2 15.7 13.4 13.2 9.7 12.2 15.2 14.4 3.7 3.4 3.6 3.4 3.2 4.6 0.6 6.1 7.0 0.4 0.4 - 0.1 - - Sunway Sunway SCI Sunway Sunway
Slide 19: YTD 3Q 2015 Revenue Contribution (Cont’d)
YTD 3Q 2015 Revenue Contribution (Cont’d) Explanation:* 1 Sunway Pyramid, Sunway Carnival, Sunway Putra Hotel, Sunway Hotel Georgetown, Sunway Tower, Sunway Putra Tower, Wisma Sunway and Sunway Medical Center – As per explanation on page 16. 2 SCI Hypermarket – Higher revenue due to rental reversion
Slide 20: YTD 3Q 2015 Revenue Contribution (Cont’d)
YTD 3Q 2015 Revenue Contribution (Cont’d) By sector By property Others Sunway Office 4.5% Putra Tower Sunway Medical 8.7% 1.8% Wisma Centre Menara Sunway Sunway Tower Sunway 4.5% Hotel 4.0% 2.9% 0.0% 13.8% Sunway Hotel Georgetown 0.2% Retail 73.0% Sunway Putra Hotel 0.9% Pyramid Tower Hotel Sunway H
Slide 21: 3Q 2015 NPI Contribution
3Q 2015 NPI Contribution NPI Margin 3Q 2015 (RM'mil) 83.2 75.2% 3Q 2014 (RM'mil) 80.6 74.6% Retail Hotel Office Others 60.0 55.0 50.0 45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 - (5.0) Sunway Sunway Hotel Sunway Sunway Sunway SCI Sunway Pyramid Sunway Sunway Hotel Menara Sunway Sunway Wisma Resort
Slide 22: 3Q 2015 NPI Contribution (cont’d)
3Q 2015 NPI Contribution (cont’d) Explanation: 1 Sunway Pyramid, Sunway Carnival, Sunway Hotel Georgetown, Wisma Sunway and Sunway Medical Center – Higher NPI due to reasons mentioned on page 16. 2 SCI Hypermarket - Higher NPI due to reasons mentioned on page 19. 3 Sunway Putra Mall – Higher net pro
Slide 23: 3Q 2015 NPI Contribution (Cont’d)
3Q 2015 NPI Contribution (Cont’d) By sector By property Others Office 6.3% 5.8% Sunway Tower 1.9% Wisma Sunway Sunway 0.1% Putra Tower Hotel Menara Sunway Sunway Medical 13.2% 0.0% 3.7% Centre 6.1% Sunway Hotel Georgetown Retail 0.6% 74.7% Sunway Pyramid Putra Hotel Tower Hotel 0.4% 4.1% Sunway Hote
Slide 24: YTD 3Q 2015 NPI Contribution
YTD 3Q 2015 NPI Contribution NPI Margin YTD 3Q 2015 (RM'mil) 256.4 75.7% YTD 3Q 2014 (RM'mil) 242.2 76.0% Retail Hotel Office Others 160.0 140.0 120.0 100.0 80.0 60.0 40.0 20.0 - (20.0) Sunway SCI Sunway Sunway Sunway Sunway Sunway Sunway Pyramid Hotel Sunway Menara Sunway Sunway Wisma Hypermarke Re
Slide 25: YTD 3Q 2015 NPI Contribution (cont’d)
YTD 3Q 2015 NPI Contribution (cont’d) Explanation: 1 Sunway Pyramid, Sunway Carnival, Sunway Putra Hotel, Sunway Hotel Georgetown, Sunway Tower, Sunway Putra Tower, Wisma Sunway and Sunway Medical Centre – As per explanation on page 16. 2 SCI Hypermarket, Sunway Resort Hotel & Spa, Pyramid Tower Hot
Slide 26: YTD 3Q 2015 NPI Contribution (Cont’d)
YTD 3Q 2015 NPI Contribution (Cont’d) By sector Others By property Office 5.9% Sunway 7.3% Putra Tower 1.2% Wisma Sunway Sunway Medical Hotel Menara Sunway 0.0% Sunway Tower Centre 3.7% 17.2% 2.3% 5.8% Sunway Hotel Georgetown 0.2% Retail Sunway 69.6% Putra Hotel 1.2% Sunway Hotel Pyramid Seberang Ja
Slide 27: Resilient Income Stream
RESILIENT INCOME STREAM Well spread-out lease expiry profile and diverse tenant base WALE 1 as at 31 March 2015– 2.20 years Top 10 tenants contribute approximately 13.1% of total revenue Projected tenancy expiry of portfolio 2 Top 10 tenants³ Total Top 10 Tenants 13.1% 70.0% 4 Ranhill Worley Parsons
Slide 28: 4. 3Q 2015 Property Performance
4. 3Q 2015 Property Performance Driving values through sustainable growth 28
Slide 29: Retail Properties: Sunway Pyramid Shopping Mall
RETAIL PROPERTIES SUNWAY PYRAMID SHOPPING MALL Historical occupancy rates Projected lease expiry schedule Average occupancy rate 60% 50% 100.0% 99.3% 98.5% 98.6% 98.3% 97.8% 98.1% 97.8% 40% 95.0% 30% 90.0% 20% 85.0% 10% 80.0% 3.6% 21.7% 51.9% 19.3% 1.8% 0% 75.0% FY2015 FY2016 FY2017 FY2018 Monthly J
Slide 30: Retail Properties: Sunway Pyramid (Cont’d)
RETAIL PROPERTIES SUNWAY PYRAMID SHOPPING MALL (Cont’d) Tenant mix Top 10 tenants Total Top 10 Tenants 11.9% Aeon Co (M) Bhd 2.2% 22.4% Parkson Corporation Sdn Bhd 1.6% 37.4% TGV Cinemas Sdn Bhd 1.4% 7.2% Sunway Resort Hotel Sdn Bhd (Convention Centre) 1.1% 4.3% Padini Dot Com Sdn Bhd 1.0% 5.0% 4.3%
Slide 31: Retail Properties: Sunway Carnival Shopping Mall
RETAIL PROPERTIES SUNWAY CARNIVAL SHOPPING MALL Historical occupancy rates Projected lease expiry schedule Average occupancy rate 40% 35% 100.0% 30% 97.4% 97.7% 25% 95.0% 93.6% 92.0% 92.4% 91.2% 20% 90.6% 90.0% 15% 85.0% 10% 5% 80.0% 1.9% 26.7% 51.0% 7.0% 9.8% 0% FY2015 FY2016 FY2017 FY2018 Monthly
Slide 32: Retail Properties: Sunway Carnival (Cont’d)
RETAIL PROPERTIES SUNWAY CARNIVAL SHOPPING MALL (Cont’d) Tenant mix Top 10 tenants Total Top 10 Tenants 24.8% Parkson Corporation Sdn Bhd 8.9% 23.1% 26.5% Eu Yan Sang (1959) Sdn Bhd 3.1% Sam's Groceria Sdn Bhd 2.3% Sunway Carnival Convention Centre 2.2% 9.2% Esprit De Corp (M) Sdn Bhd 1.6% 16.8% 8.9
Slide 33: Retail Properties: Suncity Ipoh Hypermarket
RETAIL PROPERTIES SUNCITY IPOH HYPERMARKET Historical occupancy rates Average occupancy rate 100% 100% 100% 100% 100% 100% 100% 100% 95% 90% 85% 80% 75% Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 YTD3Q YTD3Q 15 14 Suncity Ipoh Hypermarket is tenanted to a single tenant, a major hypermarket and retailer chai
Slide 34: Hospitality Properties: Sunway Resort Hotel & Spa
HOSPITALITY PROPERTIES SUNWAY RESORT HOTEL & SPA Historical occupancy rate Average occupancy rate (%) Average occupancy rate 85.0% 83.5% 85.0% 82.1% 78.8% 79.2% 79.3% 80.9% 81.1% 80.0% 76.0% 80.0% 77.3% 75.0% 71.3% 75.6% 69.4% 70.0% 66.7% 75.0% 72.4% 65.0% 70.0% 60.0% 55.0% 65.0% 50.0% Jun-10 Jun-11
Slide 35: Hospitality Properties: Pyramid Tower Hotel
HOSPITALITY PROPERTIES PYRAMID TOWER HOTEL Historical occupancy rate Average occupancy rate (%) Average occupancy rate 100.0% 83.1% 82.4% 83.2% 82.4% 85.0% 81.3% 80.9% 95.0% 92.0% 78.7% 80.0% 90.0% 88.5% 75.0% 85.0% 83.7% 82.8% 82.2% 70.0% 80.0% 76.0% 75.0% 73.8% 65.0% 70.0% 60.0% Jun-10 Jun-11 Jun-
Slide 36: Hospitality Properties: Sunway Hotel Seberang Jaya
HOSPITALITY PROPERTIES SUNWAY HOTEL SEBERANG JAYA Historical occupancy rate Average occupancy rate (%) Average occupancy rate 100.0% 90.0% 80.0% 77.0% 90.0% 80.0% 70.2% 81.5% 67.8% 69.6% 80.0% 77.6% 70.0% 63.2% 75.7% 68.7% 60.0% 70.0% 51.6% 63.2% 50.0% 60.0% 57.8% 55.2% 40.0% 50.0% Jun-10 Jun-11 Jun
Slide 37: Hospitality Properties: Sunway Hotel Georgetown
HOSPITALITY PROPERTIES SUNWAY HOTEL GEORGETOWN Historical occupancy rate Average occupancy rate (%) Average occupancy rate 100.0% 90.0% 83.6% 82.0% 90.0% 80.0% 83.6% 71.8% 70.5% 70.4% 67.4% 80.0% 70.0% 60.0% 54.7% 70.0% 67.4% 50.0% 60.0% 40.0% 50.0% Jun-10 Jun-11 Jun-12 Jun-13 Jun-14 YTD3Q 15YTD3Q 1
Slide 38: Hospitality Properties: Sunway Putra Hotel
HOSPITALITY PROPERTIES SUNWAY PUTRA HOTEL Historical occupancy rate Average occupancy rate (%) Average occupancy rate 70.0% 60.2% 59.0% 60.0% 60.0% 51.6% 50.0% 42.6% 43.9% 50.0% 40.0% 30.1% 43.8% 30.0% 38.8% 40.0% 36.4% 36.1% 20.0% 31.6% 10.0% 30.0% 0.0% Jun-12 * Jun-13 Jun-14 YTD3Q 15 YTD3Q 14 22.3
Slide 39: Office Properties: Menara Sunway
OFFICE PROPERTIES MENARA SUNWAY Historical occupancy rates Projected lease expiry schedule Average occupancy rate 70% 60% 99.7% 100.0% 98.5% 98.9% 98.8% 98.8% 97.7% 97.4% 50% 95.0% 40% 90.0% 30% 20% 85.0% 10% 80.0% 3.8% 2.7% 17.4% 74.1% 0% FY2015 FY2016 FY2017 FY2018 75.0% Jun-10 Jun-11 Jun-12 Jun-1
Slide 40: Office Properties: Menara Sunway (Cont’d)
OFFICE PROPERTIES MENARA SUNWAY (Cont’d) Tenant mix Top 10 tenants 1.8% Total Top 10 Tenants 81.6% 1.8% 7.9% 2.9% Sunway Integrated Properties Sdn Bhd 17.4% 2.9% 26.4% Sunway Management Sdn Bhd 15.4% 6.6% Maxis Mobile Sdn Bhd 13.6% Sunway Construction Sdn Bhd 9.3% 12.2% Sunway Shared Services Sdn Bh
Slide 41: Office Properties: Sunway Tower
OFFICE PROPERTIES SUNWAY TOWER Historical occupancy rates Projected lease expiry schedule Average occupancy rate 90% 80% 70% 100.0% 97.0% 95.6% 95.0% 93.5% 60% 90.0% 50% 84.3% 85.0% 85.0% 83.0% 40% 80.0% 30% 75.0% 20% 70.0% 67.6% 10% 3.10% 3.70% 65.0% 56.60% 0% FY2015 FY2016 FY2017 60.0% Jun-10 Jun-
Slide 42: Office Properties: Sunway Tower (Cont’d)
OFFICE PROPERTIES SUNWAY TOWER (Cont’d) Tenant mix Top 10 tenants 2.2% 3.3% Total Top 10 Tenants 98.9% 2.2% 2.7% Ranhill Worley Parsons Sdn Bhd 75.4% 2 3.8% Intecsea Sdn Bhd 6.4% 4.0% Royal Danish Embassy 4.0% ACCA Malaysia Sdn Bhd 3.8% WRP Asia Pacific Sdn Bhd 2.7% Zhuojian Associates S/B 2.2% 81.8
Slide 43: Office Properties: Sunway Putra Tower
OFFICE PROPERTIES SUNWAY PUTRA TOWER Historical occupancy rates Projected lease expiry schedule Average occupancy rate 70% 60% 100.0% 98.7% 50% 90.0% 40% 85.2% 80.0% 78.0% 30% 74.2% 73.9% 20% 70.0% 1 60.8% 10% 60.0% 14.4% 15.7% 0% 50.0% FY2016 FY2017 Jun-11 Jun-12 Jun-13 Jun-14 YTD3Q YTD3Q 15 14 Exp
Slide 44: Office Properties: Sunway Putra Tower (Cont’d)
OFFICE PROPERTIES SUNWAY PUTRA TOWER (Cont’d) Tenant mix Top tenants Total Top Tenants 100.0% 1.8% 1.9% Kementerian Perdagangan Dalam Negeri Koperasi Dan 3.8% Kepenggunaan Malaysia 51.6% 4.5% Jabatan Perdana Menteri (I.C.U) 12.5% Jabatan Pengairan & Saliran Malaysia (JPS) 12.3% Suruhanjaya Syarikat
Slide 45: Office Properties: Wisma Sunway
OFFICE PROPERTIES WISMA SUNWAY Historical occupancy rates Projected lease expiry schedule Average occupancy rate 70% 60% 100.0% 50% 95.0% 40% 89.8% 89.8% 90.0% 88.7% 86.9% 85.1% 30% 85.0% 80.9% 80.0% 20% 75.0% 10% 3.1% 70.0% 27.7% 33.1% 25.8% 0% FY2015 FY2016 FY2017 Monthly 65.0% tenancy Jun-11 Jun-
Slide 46: Office Properties: Wisma Sunway (Cont’d)
OFFICE PROPERTIES WISMA SUNWAY (Cont’d) Tenant mix Top tenants Total Top Tenants 100.0% 2.7% Jabatan Kesihatan Negeri Selangor 34.6% Jabatan Alam Sekitar 30.8% Lembaga Hasil Dalam Negeri 15.4% Yayasan Penyelidikan Transformasi 5.9% 97.3% Pejabat Tindakan Pelancongan Negeri Selangor 5.3% Suruhanjaya
Slide 47: 5. Market Outlook
5. Market Outlook Driving values through sustainable growth 47
Slide 48: General Outlook
General Outlook o The International Monetary Fund (“IMF”) has revised global growth from 3.8% to 3.5%1 for CY2015 and 3.8%1 in CY2016 supported by rebound in the advanced economies. Meanwhile, economic growth in the emerging nations are expected to soften led by China and net oil and commodity expor
Slide 49: General Outlook
General Outlook o BNM has lowered its inflation expectations to average between 2% - 3% in CY2015 (CY2014: 3.2%), from 2.5% - 3.5% previously despite implementation of GST. The lower expectation was due to already low oil prices and lower utility costs. o Monetary policy in CY2015 will focus on ensu
Slide 50: Retail
Retail o A recent report by Retail Group Malaysia (“RGM”) revealed that retail sales for 4Q CY2014 contracted by 0.8% y-o-y compared with 3.9% growth achieved a year ago. For the full year CY2014, retail sales grew by 3.4%, the lowest since 2009, despite the presence of more brands in the market. RG
Slide 51: Retail (Cont’d)
Retail (Cont’d) o The refurbishment of Sunway Putra Mall was completed in February 2015. As at 31 March 2015, total tenancy secured was above 75% of NLA. The mall is scheduled for re-opening in May 2015. o Notwithstanding the competitive operating environment, The Manager expects the retail assets t
Slide 52: Hotel
Hotel o Tourist arrivals for CY2014 recorded a single-digit growth of 6.7% to 27.4 million tourists, primarily contributed by ASEAN and Middle East nations. This was below The Tourism and Culture Minister’s target of 28.0 million for CY2014. o Moving into 2015, weakening of Malaysian Ringgit is favo
Slide 53: Hotel (Cont’d)
Hotel (Cont’d) o The average occupancy rate for Sunway Putra Hotel continued to be adversely affected by the ongoing refurbishment at the hotel and adjoining Sunway Putra Mall. The average occupancy rate declined to 22.3% in 3Q2015 compared to 36.1% in 3Q2014 on the back of closure of some of the ke
Slide 54: Office
Office o Klang Valley is expected to have a cumulative supply of approximately 100 million sq.ft. by end of CY2015, with an estimated 4.8 million sq.ft. of office space slated for completion this year. o The widening gap between supply and demand will continue to exert tremendous pressures on rental
Slide 55: Office (Cont’d)
Office (Cont’d) o Pursuant to the departure of an anchor tenant in December 2014, average occupancy rate at Sunway Putra Tower stood at 60.8% for YTD 3Q2015 compared to 73.9% in the corresponding period in the preceding year. This provides an opportunity to further diversify tenancy mix to reduce te
Slide 56: 6. Investor Relations
6. Investor Relations Driving values through sustainable growth 56
Slide 57: Unit Price Performance (IPO to March 2015)
Unit Price Performance (IPO to 31 March 2015) Unit Price Performance of Sunway REIT versus Performance Statistics* Benchmarks (8 July 2010 – 31 March 2015) 100.0% TR/GPR/APREA Price : RM0.90 Composite REIT Index (as at 8/7/2010) Malaysia 88.6% Closing Price : RM1.57 80.0% (as at 31/3/2015) Highest P
Slide 58: Unit Price Performance (YTD 3Q2015)
Unit Price Performance (YTD 3Q2015) Unit Price Performance of Sunway REIT versus Performance Statistics* Benchmarks (30 June 2014 – 31 March 2015) 18.0% TR/GPR/APREA Composite Price : RM1.44 16.0% REIT Index Malaysia (as at 30/6/2014) 11.6% 14.0% Closing Price : RM1.57 12.0% (as at 31/3/2015) 10.0%
Slide 59: Unitholders’ Composition (as at 31 March 2015)
Unitholders’ Composition (as at 31 March 2015) Retail Foreign 15.0% Sunway 19.4% Berhad 36.2% Institutions Domestic 48.8% 80.6% o Total number of unitholders has increased by 2.3% to 8,779 as at 31 March 2015. o Retail participation increased from 11.2% as at 31 December 2014 to 15.0% as at 31 March
Slide 60: Comparative Yields for Various Assets
Comparative Yields for Various Assets 8.0% 6.89% 2 7.0% 6.75% 4 6.0% 5.54% 1 5.0% 4.0% 3.87% 2 3.31% 3 3.25% 5 3.0% 2.0% 1.0% 0.0% Sunway REIT M-REIT 10-Year MGS Fixed Deposit EPF Yield OPR Note: 1. Distribution yield based on consensus DPU forecast of 8.7 sen (Source: Bloomberg) 2. Information as a
Slide 61: Thank You
THANK YOU Driving values through sustainable growth
Sunway Real Estate Investment Trust — Q3 2015 Earnings Presentation on 6ix