Slide 1: Acquisition of portfolio of 4 Singapore properties
Acquisition of portfolio of 4 Singapore properties 26 Aug 2007
Slide 2: Agenda
Agenda Details of the properties: 31/33 Pioneer Road North, Singapore 628472/628474 119 Neythal Road, Singapore 628605 30 Tuas South Avenue 8, Singapore 637653 8 Tuas View Square, Singapore 637574 Impact on MapletreeLog Acquisitions are DPU-accretive Tenant concentration Asset mix Average lease dura
Slide 3: Summary information on portfolio of 4 properties
Summary information on portfolio of 4 properties Total Consideration : S$36.8 million Total Land Area : 29,556 sqm (approx.) Land Tenure : average balance of 45 yrs Total GFA : 28,280 sqm (approx.) Lease Terms : 6 yrs with option to extend for a further 6 yrs Tenants : Union Steel Pte Ltd & YLS Stee
Slide 4: 31/33 Pioneer Road North
1 31/33 Pioneer Road North Land tenure: 30+30 yrs wef 1 May 1993 Land area : 7,739 sqm (approx.) GFA : 5,442 sqm (approx.) Lessee : Union Steel Pte Ltd Outgoings: Land rent, property tax and routine property maintenance expenses borne by lessee. The property comprises a single-storey and a part sing
Slide 5: 119 Neythal Road
2 119 Neythal Road Land tenure: 60 yrs wef 1 July 1979 Land area : 9,015 sqm (approx.) GFA : 13,200 sqm (approx.) Lessee : Union Steel Pte Ltd Outgoings: Land rent, property tax and routine property maintenance expenses borne by lessee. The property comprises a 5-storey warehouse with ancillary offi
Slide 6: 30 Tuas South Avenue 8
3 30 Tuas South Avenue 8 Land tenure: 30+30 wef 30 Aug 1998 Land area : 8,305 sqm (approx.) GFA : 5,233 sqm (approx.) Lessee : YLS Steel Pte Ltd Outgoings: Land rent, property tax and routine property maintenance expenses borne by lessee. The property comprises a single-storey warehouse cum producti
Slide 7: 8 Tuas View Square
4 8 Tuas View Square Land tenure: 60 yrs wef 30 Oct 1996 Land area : 4,497 sqm (approx.) GFA : 4,405 sqm (approx.) Lessee : YLS Steel Pte Ltd Outgoings: Land rent, property tax and routine property maintenance expenses borne by lessee. The property comprises a 3-storey warehouse cum production facil
Slide 8: Acquisitions are DPU-accretive
Acquisitions are DPU-accretive Portfolio of 4 properties Total Return (over 10 years) 8.2% DPU impact1 0.1 Singapore cents (proforma annualised impact) 1. Assuming Mapletreelog had purchased, held and operated the properties for the financial year ended 31 December 2006 (based on 41 properties) and
Slide 9: Better tenant diversification
Better tenant diversification Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of June 2007 6% Pre-Acquisitions Post-Acquisitions 4.9% 5% 4.8% 3.9% 4% 3.8% 3.5% 3.4% 3.4% 3.3% 3% 2.6% 2.5% 2.2% 2.1% 2% 1.6% 1.6% 1.5% 1.5% 1.5% 1.5% 1.5% 1.4% 1% 0% Ever Gain Zama Centre Teck Wah
Slide 10: Asset mix
Asset mix Before the acquisition After the acquisition Gross Revenue Contribution by Trade (Pre-Acquisitions) Gross Revenue Contribution by Trade (Post-Acquisitions) Oil & Chemical Oil & Chemical Logistics Logistics 4.0% FTZ 3PL Industrial 4.0% FTZ 3PL Industrial 4.3% 4.4% Warehousing Warehousing 14
Slide 11: Average lease duration
Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of June 2007) 40% Pre-Acquisition Post-Acquisition 37.5% 37.8% 35% 30% 25% 20% 17.3% 17.2% 15% 13.2% 13.1% 9.3% 9.3% 10% 8.2% 8.2% 7.5% 7.5% 6.7% 6.7% 5% 0% Expiring in Expiring in Expiring in Expiring in Expiring in Expirin
Slide 12: Unexpired lease of underlying land
Unexpired lease of underlying land Remaining Years to Expiry of Underlying Land Lease Pre-Acquisitions Post-Acquisitions 50% 45% 43.9%43.3% % of Total Lettable Area 40% 35% 29.7% 29.8% 30% 25% 20% 14.5%15.0% 15% 10% 7.8% 7.9% 5% 3.4% 3.3% 0.7% 0.7% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 yrs 5
Slide 13: 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-Acquisitions) (Post-Acquisitions) Japan Japan 12% 12% Malaysia Malaysia 6% 6% Singapore Singapore 50% China China 50% 7% 7% Hong Kong Hon
Slide 14: 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