Mapletree Logistics Trust · SGX:M44U

Mapletree Logistics Trust — Merger or Acquisition (November 2006)

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

  1. Slide 1: Acquisition of 6 Marsiling Lane, Singapore 739145

    Acquisition of 6 Marsiling Lane, Singapore 739145 22 November 2006

  2. Slide 2: Agenda

    Agenda ƒ Details of the property: ¾ 6 Marsiling Lane, Singapore 739145 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: 6 Marsiling Lane

    6 Marsiling Lane ƒ Purchase price: S$18.0 million ƒ Appraised value : S$18.4 million by Chesterton International Property Consultants Pte Ltd dated 20 November 2006 ƒ Land tenure: Expiry in 2038 ƒ Land area : 19,347.4 sqm GFA : 16,207.0 sqm Lettable area : 16,207.0 sqm ƒ Lease terms: Sale and leaseb

  4. Slide 4: Acquisition is DPU accretive

    Acquisition is DPU accretive Property 6 Marsiling Lane Total Return (over 10 years) 10.01% DPU impact1 0.10 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 properties

  5. Slide 5: Tenant concentration

    Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of September 2006 7% Pre-Acquisition Post-Acquisition 6.6%6.5% 6% 5.0%5.0% 5% 4% 3.6%3.5% 3.1% 3.1% 3% 2.3%2.3% 2.3%2.3% 2.1% 2.1% 2.0%2.0% 2.0%2.0% 2.0% 2.0% 2% 1% 0% Ever Gain Teckw ah Vopak Fu Yu Taiun Cres

  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 Logistics Logistics FTZ 3PL FTZ 3PL 5.7% 5.7% Industrial 8.1% Industrial 8.0% Warehousing Warehousing 13

  7. Slide 7: Average lease duration

    Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of Septem ber 2006) 35% Pre-Acquisition Post-Acquisition 32.9% 31.9% 30% 25% 20% 17.7%17.5% 17.0% 16.8% 15% 13.7% 13.5% 11.1% 10.9% 10% 5.9% 5.8% 5% 2.7%2.7% 0% Expiring in Expiring in Expiring in Expiring in Expiring in Exp

  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 50% 46.7% 46.2% 45% 40% % of Total Lettable Area 34.1% 33.7% 35% 30% 25% 20% 15% 10.5%10.4% 10% 4.5% 4.5% 4.3% 5% 3.2% 1.0% 1.0% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 yrs 51

  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 6% 2% 2% Hong Hong Kong Kong Singapore 27% Singapore 27% 65% 65% * (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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