Mapletree Logistics Trust · SGX:M44U

Mapletree Logistics Trust — Merger or Acquisition (October 2005)

11 slides from Mapletree Logistics Trust's merger presentation, Oct 6, 2005

  1. Slide 1: SGX Announcement: Acquisition of Two Properties - Presentation Slides

    Print this page Miscellaneous * Asterisks denote mandatory information Name of Announcer * MAPLETREE LOGISTICS TRUST Company Registration No. NA Announcement submitted on behalf of MAPLETREE LOGISTICS TRUST Announcement is submitted with MAPLETREE LOGISTICS TRUST respect to * Announcement is submitt

  2. Slide 2: Acquisition of two properties

    Acquisition of two properties 6 October 2005

  3. Slide 3: Agenda

    506002si_2 Jul.ppt $JHQGD ƒ Property details of the 2 buildings ¾ 97 Ubi Ave 4 ¾ 8 Loyang Crescent ƒ Impact on MapletreeLog ¾ Reduced tenant concentration ¾ More diversified asset mix ¾ Long average lease duration ¾ Unexpired lease of underlying land still long ¾ Acquisitions are yield accretive 1 1

  4. Slide 4: 97 Ubi Ave 4

    506002si_2 Jul.ppt 8EL$YH ƒ Purchase price: S$12.17m ƒ Property yield: 7.3% ƒ Appraised value: S$12.17m by Jones Lang LaSalle dated 3 October 2005 ƒ Land tenure: expiry in 2049, including the +30 years option obtained ƒ Land area: 5,499 sqm GFA: 10,469 sqm Lettable area: 10,469 sqm The Property comp

  5. Slide 5: 8 Loyang Crescent

    506002si_2 Jul.ppt /R\DQJ&UHVFHQW ƒ Purchase price: S$16.5m ƒ Property yield: 7.1% ƒ Appraised value: S$16.5m by Colliers International dated 30 September 2005 ƒ Land tenure: expiry in 2053, including the +23 years option obtained ƒ Land area: 7,921 sqm GFA: 14,522 sqm Lettable area: 14,522 sqm ƒ Le

  6. Slide 6: Reduced tenant concentration

    506002si_2 Jul.ppt 5HGXFHGWHQDQWFRQFHQWUDWLRQ 16% 14% 12% 10% Before Acquisition After Acquisition 8% 6% 4% 2% 0% g n a C PS k rs D ik ah d an lo im pa n A oo SP LF st en to H W ro U an Pr Vo gi W di M ck st ck Lo Ti pe LW rm Te Te Ex G A K an D B * Reflects gross revenue contribution for the month

  7. Slide 7: More diversified asset mix

    506002si_2 Jul.ppt 0RUHGLYHUVLILHGDVVHWPL[ Before the acquisitions* After the acquisitions* Gross Revenue Contribution by Trade Sector (before acquisition) Gross Revenue Contribution by Trade Sector (after acquisition) Oil & Chemical Oil & Chemical FTZ 3PL FTZ 3PL Logistics Logistics 22.3% 23.8% 15.

  8. Slide 8: Long average lease duration

    506002si_2 Jul.ppt /RQJDYHUDJHOHDVHGXUDWLRQ Lease Expiry Profile By Income * 90% 83.0% 84.1% 80% 70% Before Acquisition 60% After Acquisition 50% 40% 30% 20% 10.6% 9.9% 10% 4.1% 3.9% 2.3% 2.1% 0% Area expiring in 2006 Area expiring in 2007 Area expiring in 2008 Area expiring after 2008 Existing 15 1

  9. Slide 9: Leasehold for underlying land still long

    506002si_2 Jul.ppt /HDVHKROGIRUXQGHUO\LQJODQGVWLOOORQJ Remaining Years to Expiry of Underlying Land Lease 80% 70.7% 68.5% 70% % of Total Lettable Area 60% 50% Before acquisitions 40% After acquisitions 30% 20% 11.9% 10% 7.6% 7.3% 9.1% 7.0% 6.8% 5.6% 5.5% 0.0% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41

  10. Slide 10: Acquisitions are yield accretive

    506002si_2 Jul.ppt $FTXLVLWLRQVDUH\LHOGDFFUHWLYH 97 Ubi Ave 4 8 Loyang Crescent For Year One (S$m) (S$m) Property income 1.35 1.31 Property expenses 0.46 0.14 Net property income 0.89 1.17 NPI Yield before acquisition 7.3% 7.1% costs (%) Implied NPI yield of MapletreeLog (based on ~4.6% ~4.6% unit p

  11. Slide 11: Disclaimer

    506002si_2 Jul.ppt 'LVFODLPHU • 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 poss

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