Aims Apac Reit · SGX:O5RU
Aims Apac Reit — Shareholder Meeting (July 2023)
23 slides from Aims Apac Reit's shareholder meeting presentation, Jul 24, 2023
Slide 1: AIMS APAC REIT 14th Annual General Meeting
AIMS APAC REIT 14 th Annual General Meeting 24 July 2023
Slide 2: Important Notice
Important Notice The information contained in this presentation is for information purposes only and does not constitute an offer to sell or any solicitation of an offer or invitation to purchase or subscribe for units in AIMS APAC REIT (“Units”) in Singapore or any other jurisdiction, nor should it
Slide 3: AGM Notice and Circular
AGM Notice and Circular NOTICE OF ANNUAL GENERAL MEETING [NOTICE IS HEREBY GIVEN hs the Mth Arnel General Meeting (AGM) ete olor of us of AMS APAC REFT [PAA RET? andthe Noldrs cf us of AAT, “Uihoter) il be eld thea Pctar Teste at 169 Robiuon oud, Captal ewer Singapore 08871 on Mondsy, 2 uly 223 200
Slide 4: Agenda
Agenda 1. FY2023 Performance Highlights 2. Portfolio and Capital Management Metrics 3. Strategic Focus and Track Record 7 Bulim Street, Singapore
Slide 5: FY2023 Performance Highlights
FY2023 Performance Highlights Woolworths Headquarters, Australia 5
Slide 6: FY2023 Key Highlights
FY2023 Key Highlights Delivered strong financial growth with a set of robust operational metrics Strong Financial Performance Proactive Asset Management Robust Balance Sheet Distribution Per Unit Occupancy Aggregate Leverage +5.1% 36.1% YoY 98.0% 9.944 Singapore cents Net Property Income Full Year R
Slide 7: Delivering Consistent YoY Growth
Delivering Consistent YoY Growth Strong foundations underpin financial resilience during COVID-19 pandemic Gross Revenue (S$’000) Net Property Income (S$’000) 167,382 2020-21 Covid Pandemic 2020-21 Covid Pandemic 122,510 17.6% 142,390 16.1% 103,185 18.7% 122,633 87,532 17.9% FY2021 FY2022 FY2023 FY2
Slide 8: Superior Unit Price Performance against S-REIT market
Superior Unit Price Performance against S-REIT market Outperform FTSE ST REIT Index in FY2023 (1 April 2022 to 31 March 2023) AA REIT Unit Price Performance vs FTSE ST REIT Index 105% AA REIT 95% Rebased to 100 +3.7% 85% FTSE ST REIT 75% Apr-2022 May-2022 Jun-2022 Jul-2022 Aug-2022 Sep-2022 Oct-2022
Slide 9: Portfolio and Capital Management Metrics
Portfolio and Capital Management Metrics Optus Centre, Singapore 9
Slide 10: Well-Diversified Portfolio with Balanced Lease Structure
Well-Diversified Portfolio with Balanced Lease Structure Rental growth complemented with income stability Well-diversified Portfolio by Sub-Sectors and Geography Well-balanced Lease Structure and Profile Anchored by Australian business parks and growth from Long-term leases in single-tenant properti
Slide 11: >200 Diversified and High Quality Tenants
>200 Diversified and High Quality Tenants Stable growing income; 80.3% of tenants in defensive and essential industries Top-10 tenants (by GRI) are leading global, regional and local companies Automotive Furniture & Self-storage 15.3% 1.7% Furnishing 1.0% Others 1.4% 5.2% 80.3% Oil, Gas, Energy and
Slide 12: Delivered Strong Leasing Outcomes
Delivered Strong Leasing Outcomes Robust rental growth and 78.4% tenant retention rate % of Total Portfolio WALE of 4.4 Years Rental reversion for Lease Expiry Profile Weighted by GRI FY2023 NLA 41.6% Singapore Assets1 (%) Renewed 19.4% Logistics & Logistics & Warehouse leases 24.5 83.1 Warehouse 21
Slide 13: Record High Occupancy of 98.0%
Record High Occupancy of 98.0% Singapore occupancy consistently above market average Portfolio Occupancy AA REIT Singapore Occupancy vs JTC Industrial Average 100.0% 97.6% 97.7% 100.0% 98.0% 97.6% 97.5% 97.7% 97.2% 97.1% 90.0% 89.7% 89.4% 88.8% 31-Mar-22 31-Mar-23 1Q FY2023 2Q FY2023 3Q FY2023 4Q FY
Slide 14: Proactive Asset Management in FY2023
Proactive Asset Management in FY2023 Creating value through AEI and divestment of non-core assets for capital recycling AEI and master lease conversion Divestment of non-core asset Property 23 Tai Seng Drive 541 Yishun Industrial Park A1 Details $1.6 million spent on targeted AEI works Sale price of
Slide 15: No Refinancing Requirements for FY2024
No Refinancing Requirements for FY2024 Strong financial metrics underpinned by prudent capital management As at As at Debt Maturity Profile – Weighted Average Debt Maturity of 3.1 years 31 Mar 2023 31 Mar 2022 Total Gross Debt: S$796 million Aggregate Leverage1 (%) 36.1* 37.5 AUD Bank Debt Overall B
Slide 16: FY2023 ESG Highlights
FY2023 ESG Highlights Advancing our Sustainability Journey Inked solar partnership to add 14,500 Established Sustainability Framework Megawatt- hours (MWh) of renewable energy per year Commit to 42% reduction in scope 2 emissions by FY2030 (from FY2020 Completed the installation of solar base year)
Slide 17: Strategic Focus and Track Record
Strategic Focus and Track Record 20 Gul Way, Singapore 17
Slide 18: Focused Execution on Our Strategic Pillars
Focused Execution on Our Strategic Pillars Committed to value creation Disciplined Investments and Active Prudent Capital Strategic Development Approach Asset Management and Risk Management Partnerships ▪ Constant evaluation of ▪ Proactive asset and lease ▪ Ensure gearing is within target ▪ Ongoing
Slide 19: Asset Enhancement Track Record
Asset Enhancement Track Record Active rejuvenation of portfolio resulting in long-term value creation 23 Tai Seng Drive, Singapore 26 Tuas Avenue 7, Singapore 29 Woodlands Industrial Park E1, Singapore 2022 2021 2020 2015 2014 1 Kallang Way 2A, Singapore Optus Centre, Australia 19
Slide 20: Development Track Record
Development Track Record Developed over ~2.8 million sq ft of high quality space Development potential of up to 500,000 sq ft of untapped gross floor area (GFA) in Singapore and up to 1.5 million sqft untapped GFA in Australia 20 Gul Way, Singapore (Phase 1 & 2) 30 Tuas West Road, Singapore 8 Tuas A
Slide 21: Acquisition Track Record
Acquisition Track Record Disciplined selection of quality real estate in strategic locations Boardriders Asia Pacific HQ, Australia 7 Bulim Street, Singapore 56 Serangoon North Avenue 4, 1A International Business Park, 30/32 Tuas West Road, Singapore Singapore Singapore 2021 2022 2020 2014 2010 2009
Slide 22: A Curated Portfolio of High Quality Industrial Assets
A Curated Portfolio of High Quality Industrial Assets Disciplined growth through active management and accretive investments Increased scale Enhanced investor visibility Active Asset Management and Disciplined Acquisitions since AIMS Financial Group became Sponsor Portfolio Valuation (S$ mil) Market
Slide 23: Thank You
Thank You For enquiries, please contact: Investor Relations +65 6309 3638 Email Address: investorrelations@aimsapac.com Woolworths HQ, Australia