Slide 1: First Quarter 2024
A MEGAWORLD COMPANY FIRST QUARTER 2024
Slide 2: Takeaways
Takeaways = MREIT’s asset portfolio continue to deliver strong financial performance supported by continued positive net take-up in the market. ® Continued rental escalations and new leases from 4Q2023 drove revenues and distributable income growth. = Newly acquired assets expected to raise MREIT’s
Slide 3: 292,000 sqm
292,000 sqm Ortigas Makati Taguig Quezon City South NCR Other NCR Area Provincial 3 Source: Colliers Report
Slide 4: Tenant Breakdown
Tenant Breakdown Tenant Breakdown Top 10 tenants 43% 4
Slide 5: Financial Performance
Financial Performance In PHP millions 1Q2024 1Q2023 YoY% Rental Income-Billings Distributable Income 1Q23 2Q23 3Q23 4Q23 1Q24 5
Slide 6: Dividend Per Share
Dividend Per Share 7.7% DIVIDEND DECLARATION P0.2460 14 JUNE 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 6
Slide 7: Expanding Portfolio
Expanding Portfolio 2 WEST CAMPUS 10 WEST CAMPUS ONE LEGRAND TWO FINTECH ONE FINTECH DAVAO FINANCE CENTER 9,332 SQM 36,214 SQM 48,801 SQM 18,053 SQM 18,157 SQM 26,074 SQM
Slide 8: Expanding Portfolio
Expanding Portfolio 156,631 SQM 94% P13.2bn 7.4% 8
Slide 9: Expanding Portfolio: Post-Acquisition Value
Expanding Portfolio Post-Acquisition Value P75bn 52% Q122 Wave 1 Wave 2 Wave 3 (Post Acquisition) 9
Slide 10: Our Target
Our Target ONE 325k 482k 500k MILLION 224k IPO CURRENT WITH LATEST 2024 2027-2030 GLA ACQUISITION With the asset infusion approved by the Board, MREIT will reach 482,000 sqm of GLA and is on track to reach 500,000 sqm by end-2024. 10
Slide 11: First Quarter 2024
A MEGAWORLD COMPANY FIRST QUARTER 2024