Frasers Property Ltd. · SGX:TQ5
Frasers Property — Allco Commercial REIT — Merger or Acquisition (September 2007)
12 slides from Frasers Property's merger presentation, Sep 14, 2007
Slide 1: Acquisition of Portfolio of Japanese Properties for ¥11.65 billion
Acquisition of Portfolio of Japanese Properties for ¥11.65 billion 14 September 2007 partnership / determination / ingenuity Allco Commercial REIT
Slide 2: Contents
Contents Summary of the Acquisitions Galleria, Osaka Aco, Tokyo Ebara, Tokyo Benefits of the Acquisitions Portfolio overview Allco Commercial REIT 14 September 2007 2
Slide 3: Summary of the Acquisitions
Summary of the Acquisitions Three high quality commercial buildings in Osaka and Tokyo Two sale and purchase agreements signed on 14 September 2007 for the purchase of: Galleria Otemae Building, Osaka (“Galleria”) ACO Azabu Aco Building, Tokyo (“Aco”) Ebara Techno-Serve Headquarters Building, Tokyo
Slide 4: Galleria, Osaka
Galleria, Osaka Galleria comprises twelve levels of high quality commercial office and basement retail space. It is prominently located in the Chuo Ward which is considered the main administration and finance district of Osaka. Galleria is within a short walking distance of the Tenmabashi Station, o
Slide 5: Aco, Tokyo
Aco, Tokyo Aco comprises three levels of high quality commercial office space and basement office/studio space and is located in the Minato Ward of Tokyo, a central commercial and residential district in Tokyo. The property is situated near the Akabanebashi Station on the Toei Subway Oedo Line. Key
Slide 6: Ebara, Tokyo
Ebara, Tokyo Ebara comprises five levels of high quality commercial office space and is located in Haneda, a southern ward of Tokyo. It is close to Tokyo International Airport (Haneda), the main domestic airport for the greater Tokyo area. Ebara is leased to a single tenant, Ebara Corporation. Ebara
Slide 7: Benefits of the Acquisitions
Benefits of the Acquisitions Continued growth in line with Allco REIT’s investment strategy Yield accretive acquisition (weighted initial yield of 4.68%, weighted cost of debt 2.09%) Immediate contribution of enhanced quality income to Unitholders Exposure to investment grade assets in Tokyo and Osa
Slide 8: Portfolio overview
Portfolio overview Pan-Asian portfolio – increased presence in Asia IPO Portfolio1 Portfolio post-Acquisitions2 Total: S$683.8 million Total: S$1,454.6 million Breakdown of Asset Value by country Breakdown of Asset Value by country Japan, 16.4% Singapore, 57.0% Australia, 43.0% Australia, Singapore,
Slide 9: Portfolio overview
Portfolio overview Enlarged asset base and investment diversification IPO Portfolio1 Portfolio post-Acquisitions2 Total: S$683.8 million Total: S$1,454.6 million Breakdown by Asset Value Breakdown by Asset Value Cosmo Plaza Galleria (Osaka), (Osaka), 5.7% 6.1% Ebara (Tokyo), AWPF, 8.7% Centrelink 2.
Slide 10: Portfolio overview
Portfolio overview Diversified and increasing Net Property Income IPO Portfolio1 Portfolio post-Acquisitions2 Total: S$39.7 million3 Total: S$66.1 million3 Breakdown of Net Property Income by country Breakdown of Net Property Income by country Japan, 17.3% Australia, 57.2% Australia, 49.9% Singapore
Slide 11: Contact Details
Contact Details Contacts SINGAPORE OFFICE Allco (Singapore) Limited Level 16 Nicholas McGrath 55 Market Street Chief Executive Officer and Managing Director SINGAPORE 048941 +65 6305 7807 Phone: +65 6438 1191 nick.mcgrath@allco.com.sg Fax: +65 6438 1161 Evan Gallagher HONG KONG OFFICE Director, Inve
Slide 12: Disclaimer
Disclaimer This document may contain forward-looking statements that involve risks and uncertainties. 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. Representati
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