Slide 1: Acquisition of 134 Joo Seng Road, Singapore 368359
Acquisition of 134 Joo Seng Road, Singapore 368359 12 December 2006
Slide 2: Agenda
506002si_2 Jul.ppt Agenda Details of the property: 134 Joo Seng Road, Singapore 368359 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
Slide 3: 134 Joo Seng Road
506002si_2 Jul.ppt 134 Joo Seng Road Purchase price: S$10.7 million - S$5.5 million for existing building - S$5.2 million for a proposed building extension Appraised value by Colliers International dated 28 November 2006: - S$5.7 million for existing building - S$10.9 million for existing buildi
Slide 4: Acquisition is DPU accretive
506002si_2 Jul.ppt Acquisition is DPU accretive Property 134 Joo Seng Road Total Return (over 10 years) 8.17% DPU impact1 0.03 Singapore cents (proforma annualised impact) 1. Assuming MapletreeLog had purchased, held and operated the existing building and proposed building extension for the whole of
Slide 5: Tenant concentration
506002si_2 Jul.ppt Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the M onth of September 2006 7% Pre-Acquisition Post-Acquisition 6.4% 6.3% 6% 5% 4.8% 4.8% 4% 3.5% 3.4% 3.0% 3.0% 3% 2.3% 2.3% 2.2% 2.2% 2.1% 2.1% 1.9% 1.9% 1.9% 1.9% 1.9% 1.9% 2% 1% 0% Ever Gain Teck
Slide 6: Asset mix
506002si_2 Jul.ppt 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 FTZ 3PL Logistics FTZ 3PL 5.5% 7.8% Industrial 5.5% 7.8% Industrial Warehousi
Slide 7: Average lease duration
506002si_2 Jul.ppt Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of Septem ber 2006) 40% Pre-Acquisition Post-Acquisition 34.6% 34.3% 35% 30% 25% 20% 17.1%17.0% 16.4% 16.3% 15% 13.2% 13.1% 10.7% 10.7% 10% 5.7% 5.7% 5% 2.6%2.6% 0% Expiring in Expiring in Expiring in Expi
Slide 8: Unexpired lease of underlying land
506002si_2 Jul.ppt Unexpired lease of underlying land Remaining Years to Expiry of Underlying Land Lease Pre-Acquisition Post-Acquisition 50% 46.3% 46.0% 45% % of Total Lettable Area 40% 33.9%34.2% 35% 30% 25% 20% 15% 10.2%10.2% 10% 4.4% 4.4% 4.3% 4.2% 5% 0.9% 0.9% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40
Slide 9: Geographical allocation of portfolio
506002si_2 Jul.ppt 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 Japan Malaysia Japan 6% 2% 6% 2% China China 2% 2% Hong Kong Hong Kong 26% Si
Slide 10: Disclaimer
506002si_2 Jul.ppt 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 possib