Keppel Ltd. · SGX:BN4
Keppel — Keppel Capital — Singapore REITs Symposium 2022
23 slides from Keppel's conference presentation, May 21, 2022
Slide 1: Trusted Investment Partner. Delivering Sustainable Returns.
Trusted Investment Partner. Delivering Sustainable Returns. Singapore REITs Symposium 2022 21 May 2022
Slide 2: Our Commitment and Content Outline
Our Commitment Content Outline ENVIRONMENTAL STEWARDSHIP 3 Keppel Capital: An Integrated Asset Management Platform In line with Keppel’s Vision 2030, we will do our part to combat climate change, and are 9 Our REITs and Trust committed to improving resource efficiency and reducing our environmental
Slide 3: Keppel Capital: An Integrated Asset Management Platform with a Blue-chip Parentage
Keppel Capital: An Integrated Asset Management Platform with a Blue-chip Parentage Singapore’s sovereign wealth fund 20.4% A leading multinational company providing solutions for sustainable urbanisation 100% 1 An established manager offering quality investment products through its listed REITs and
Slide 4: Keppel Capital: Global Capabilities. Local Agility.
Keppel Capital: Global Capabilities. Local Agility. Diversified portfolio of real estate, infrastructure, data centre and Assets under Management alternative assets in over 40 cities across key global markets 1 US$31b (S$42b ) as at end-2021 Global Network Presence in >40 cities across key global ma
Slide 5: Harnessing Group Synergies to Create Quality Solutions and Returns for Investors
Harnessing Group Synergies to Create Quality Solutions and Returns for Investors DEVELOPER OPERATOR MANAGER + Components of + Proprietary Deal Flow Asset creation Operational Track record a strong value Cost Efficiencies & Synergy Expertise in public & Evergreen Capital Solution proposition private
Slide 6: Sustainability at the Core of Keppel Group's Strategy
Sustainability at the Core of Keppel Group’s Strategy Sustainability as our business Focused portfolio • Seize opportunities in green developments, Guide our portfolio towards sustainable renewables, new energy and circular economy solutions through: solutions • Climate risk assessments • Internal c
Slide 7: Steadfast ESG Commitment across REITs and Trust
Steadfast ESG Commitment across REITs and Trust ✓ 9 out of 11 properties are green certified ✓ Dedicated Board ESG Committee ✓ BCA Green Mark Platinum for all Singapore office assets ✓ Assets have either/or a combination of sustainability awards, ✓ 5 Stars and above in the NABERS Energy rating for m
Slide 8: Steadfast ESG Commitment across REITs and Trust
Steadfast ESG Commitment across REITs and Trust ✓ Dedicated Board ESG Committee ✓ Governance Index for Trusts (2021) — 2nd out of 45 S-REITS ✓ Owns two WTE plants with a combined capacity to treat and Business Trust approx. 40% of Singapore’s incinerable waste ✓ Singapore Governance and Transparency
Slide 9: Introducing Keppel Capital REITs and Trust
Introducing Keppel Capital REITs and Trust 9
Slide 10: Pan-Asian REIT with Diversified Portfolio of Prime Commercial Assets
Pan-Asian REIT with Diversified Portfolio of Prime Commercial Assets
Slide 11: Diversified Pan-Asian Portfolio of Prime Commercial Assets
Diversified Pan-Asian Portfolio of Prime Commercial Assets $8.9b portfolio of prime quality assets anchored across different markets enhance income stability and long-term growth opportunities T Tower, Seoul 8 Chifley Square, 99.4% Interest Sydney Occupancy: 100% Pinnacle Office 50% Interest Park, S
Slide 12: 1Q 2022 Key Highlights
1Q 2022 Key Highlights Sustainable portfolio with ESG excellence that supports climate action and the transition to a low-carbon future with Keppel REIT’s portfolio $53.8m 95.1% 1Q 2022 distributable income Portfolio committed occupancy from operations(1) as at 31 Mar 2022 Up 4.3% y-o-y 38.7% 6.1 ye
Slide 13: First Pure-Play Data Centre REIT Listed in Asia
First Pure-Play Data Centre REIT Listed in Asia
Slide 14: Focused on Growing Data Centre Portfolio
Focused on Growing Data Centre Portfolio Keppel DC REIT Assets under Management $3.5b 21 data centres across 9 countries as at 31 Mar 2022 Potential Data Centre Assets for Acquisitions >$2b Data centre assets under development and management through Keppel T&T1, and Keppel’s private data centre fund
Slide 15: 1Q 2022 Key Highlights
1Q 2022 Key Highlights Sustainable Financial Resilient & Diversified Prudent Capital Growth Portfolio Management Higher Distributable Income1 AUM Healthy Aggregate Leverage4 $44.5m $3.5b 36.1% for 1Q 2022, a 5.9% y-o-y increase, supported by as at 31 Mar 2022, including the acquisition of as at 31 M
Slide 16: Distinctive Office REIT located in Key Growth Markets across the US
Distinctive Office REIT located in Key Growth Markets across the US
Slide 17: 15 freehold office buildings and business campuses located across 9 key growth markets
SEATTLE – BELLEVUE/REDMOND, Washington ATLANTA, Georgia 15 freehold office buildings and business The Plaza Bellevue The Westpark Powers Ferry Northridge Center I & II campuses located Buildings Technology Center Portfolio Occupancy: 67.6% Occupancy: 78.4% Occupancy: 88.9% Occupancy: 95.7% Occupancy
Slide 18: 1Q 2022 Key Highlights
1Q 2022 Key Highlights Distributable Income Exposure to the Tech Hubs of Seattle – Bellevue/Redmond, US$16.6m Austin and Denver 105 Edgeview in Nashville, Tennessee 10.9% growth y-o-y ~61% of net property income Exposure to TAMI(1), Medical Portfolio WALE and Healthcare (by Cash Rental Income) ~47%
Slide 19: Largest Diversified Business Trust Listed in Singapore
Largest Diversified Business Trust Listed in Singapore
Slide 20: Strategic portfolio of businesses and assets in highly defensive and essential industries
Strategic portfolio of businesses and assets in highly defensive and essential industries Assets Under Management Anchored by a portfolio $4.5b of critical infrastructure businesses and assets as at 31 Mar 2022 20
Slide 21: 1Q 2022 Highlights
1Q 2022 Highlights EBITDA (S$m) ▪ Strong platform for continued growth: ̶ Strengthened cash flow resiliency: Completed investment in Aramco 5.5% Gas Pipelines Company in Feb 2022 89.61,2 84.91 ̶ Strategic review of Ixom to potentially unlock value and redeploy capital into sectors supported by favou
Slide 22: Keppel Capital: Our Value Propositions
Keppel Capital: Our Value Propositions OUR VISION Global mindset with local execution ▪ Led by a team of industry veterans with in-depth expertise To be the best-in-class asset and decades of experience working in local and international manager, serving as the trusted markets, and with global insti
Slide 23: Thank You
Thank You DISCLAIMER: The materials herein are published solely for informational purposes and may not be published, circulated, reproduced or distributed in whole or in part to any other person without our written consent. No guarantee, representation or warranty, either expressed or implied, is pr