Mapletree Logistics Trust · SGX:M44U

Mapletree Logistics Trust — Merger or Acquisition (September 2006)

10 slides from Mapletree Logistics Trust's merger presentation, Sep 22, 2006

  1. Slide 1: Acquisition of Jurong Logistics Hub, Singapore

    Acquisition of Jurong Logistics Hub, Singapore 22 September 2006

  2. Slide 2: Agenda

    Agenda ƒ Details of the property: ¾ Jurong Logistics Hub, No. 31 Jurong Port Road, Singapore 619115 ƒ Impact on MapletreeLog ¾ Acquisition is DPU accretive ¾ Tenant concentration ¾ Asset mix ¾ Average lease duration ¾ Unexpired lease of underlying land ¾ Geographical allocation of portfolio 1 1

  3. Slide 3: Jurong Logistics Hub

    Jurong Logistics Hub ƒ Purchase price: S$168.0 million ƒ Appraised value: S$176.4 million by CB Richard Ellis dated 22 September 2006 ƒ Land tenure: Unexpired lease term of 54.28 years (inclusive of 30-year lease extension) ƒ Land area: Approximately 42,999 sqm GFA: 142,311 sqm Lettable area: 124,61

  4. Slide 4: Acquisition is DPU accretive

    Acquisition is DPU accretive Property Jurong Logistics Hub Total Return (over 10 years) 8.11% DPU impact1 0.32 Singapore cents (proforma annualised impact) 1. Assuming MapletreeLog had purchased, held and operated the property for the whole of the financial year 31 December 2005 (based on 18 propert

  5. Slide 5: Tenant concentration

    Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of June 2006 9% Pre-Acquisition Post-Acquisition 8.4% 8% 7.4% 7% 5.9% 6% 5.1% 5% 3.8% 3.7% 4% 3.3% 3.2% 2.8% 2.7% 3% 2.4% 2.4% 2.4% 2.4% 2.3% 2.2% 2.1% 2.1% 2.0% 2% 1% 0.0% 0% Ever Gain Group Teckwah Industria

  6. Slide 6: Asset mix

    Asset mix Before the acquisition* After the acquisition* Gross Revenue Contribution by Trade (Pre-Acquisition) Gross Revenue Contribution by Trade (Post-Acquisition) Oil & Chemical Oil & Chemical FTZ 3PL FTZ 3PL Logistics Logistics Industrial 8.1% 9.2% 5.7% Industrial 6.5% Warehousing Warehousing 13

  7. Slide 7: Average lease duration

    Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of June 2006) 60% Pre-Acquisition Post-Acquisition 49.0% 50% 42.9% 40% 30% 20% 13.8% 15.1% 14.8% 15.4%17.0% 9.2% 10% 5.6% 6.5% 5.8% 5.0% 0% Expiring in Expiring in Expiring in Expiring in Expiring in Expiring after 2006 2007

  8. Slide 8: Unexpired lease of underlying land

    Unexpired lease of underlying land Remaining Years to Expiry of Underlying Land Lease Pre-Acquisition Post-Acquisition 60% 51.2% 50% 46.6% % of Total Lettable Area 40% 37.3% 33.9% 30% 20% 10.6% 10% 5.1% 4.6% 3.6% 3.3% 1.1% 1.0% 1.7% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 yrs 51 - 60 yrs > 60

  9. Slide 9: Geographical allocation of portfolio

    Geographical allocation of portfolio Before the acquisition* After the acquisition* Country Allocation - By Gross Revenue Country Allocation - By Gross Revenue (Pre-Acquisition) (Post-Acquisition) Malaysia Malaysia China 6% China 5% 2% 2% Hong Hong Singapore Kong 60% 28% Singapore Kong 65% 32% * (1)

  10. Slide 10: Disclaimer

    Disclaimer The value of units in MapletreeLog (“Units”) and the income from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the prin

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