Sunway Real Estate Investment Trust · MYX:SUNREIT
Sunway Real Estate Investment Trust — Q4 FY2012 Earnings Presentation
59 slides from Sunway Real Estate Investment Trust's earnings presentation, August 2012
Slide 1: Sunway REIT Financial Results
STRICTLY PRIVATE & CONFIDENTIAL SUNWAY REIT FINANCIAL RESULTS 4th Quarter ended 30 June 2012 (FYE 30 June 2012) 0
Slide 2: Disclaimer
STRICTLY PRIVATE STRICTLY & CONFIDENTIAL PRIVATE & CONFIDENTIAL DISCLAIMER This presentation may contain certain forward looking statements due to a number of risks, uncertainties and assumptions. assumptions. Representative examples of these factors include (without limitation) general industry and
Slide 3: Contents
STRICTLY PRIVATE STRICTLY & CONFIDENTIAL PRIVATE & CONFIDENTIAL CONTENTS • Highlights & Key Updates • 4Q 2012 Financial Results • 4Q 2012 Portfolio Performance • 4Q 2012 Property Performance • Market Outlook • Investor Relations 2
Slide 4: Highlights & Key Updates
STRICTLY PRIVATE STRICTLY & CONFIDENTIAL PRIVATE & CONFIDENTIAL HIGHLIGHTS & KEY UPDATES Note : The financial results should be read in conjunction with the 4Q 2012 announcement to Bursa Malaysia Securities Berhad 3
Slide 5: Distribution Details
STRICTLY PRIVATE STRICTLY & CONFIDENTIAL PRIVATE & CONFIDENTIAL DISTRIBUTION DETAILS Dividend Distribution Details Distribution period 1 Apr 2012 - 30 June 2012 1 Distribution Per Unit (DPU) (sen) 1.89 Notice of Entitlement 7 Aug 2012 Ex-Dividend Date 22 Aug 2012 Book Closure Date 24 Aug 2012 Paymen
Slide 6: Financial Highlights
STRICTLY PRIVATE STRICTLY PRIVATE && CONFIDENTIAL CONFIDENTIAL FINANCIAL HIGHLIGHTS Highlights 4Q 2012 4Q 2011 Change % No. of Properties1 11 11 0.0% Property Value (RM'billion) 4.630 4.379 5.6% No. of Units in circulation 2,696,462,000 2,686,898,400 0.4% Unit Price as at 30 June (RM) 1.36 1.11 22.5
Slide 7: Financial Highlights
STRICTLY PRIVATE & CONFIDENTIAL FINANCIAL HIGHLIGHTS RM’ million RM’ million Gross Revenue Net Property Income 450.0 350.0 406.4 400.0 299.2 300.0 1 350.0 327.4 244.0 1 17.5% 250.0 16.7% 300.0 250.0 200.0 200.0 150.0 150.0 110.7 98.1 102.6 100.0 70.3 78.7 74.3 75.9 95.0 85.3 87.3 62.8 61.0 65.0 100.
Slide 8: Financial Highlights DPU
STRICTLY PRIVATE & CONFIDENTIAL FINANCIAL HIGHLIGHTS RM’ million RM’ Sen Income Before Taxation (Realised) DPU 250.0 8.00 7.50 1 200.0 190.6 7.00 6.58 1 167.3 17.0% 6.00 16.7% 150.0 5.00 4.00 100.0 3.00 50.7 44.7 48.1 1.75 1.51 1.99 1.75 1.87 1.70 1.89 1.62 50.0 44.3 38.4 47.5 43.1 41.1 2.00 1.00 -
Slide 9: Key Updates
STRICTLY STRICTLY PRIVATE PRIVATE & & CONFIDENTIAL CONFIDENTIAL KEY UPDATES 7-year Commercial Paper Programme of up to RM 1.6 billion in nominal value (“CP Programme”) rated P1(s) by RAM SC’s approval received on 14 March 2012 Information Memorandum issued on 26 March 2012 1st issuance of RM850 mill
Slide 10: 4Q 2012 Financial Results
STRICTLY STRICTLYPRIVATE PRIVATE&&CONFIDENTIAL CONFIDENTIAL 4Q 2012 FINANCIAL RESULTS Note : The financial results should be read in conjunction with the 4Q 2012 announcement to Bursa Malaysia Securities Berhad 9
Slide 11: Consolidated Statement of Comprehensive Income – 4Q 2012
STRICTLY PRIVATE & CONFIDENTIAL CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME – 4Q 2012 1 4Q 2012 4Q 2011 YTD 2012 YTD 2011 Actual Actual Change Actual Actual Change RM'000 RM'000 % RM'000 RM'000 % Gross Revenue 102,558 87,292 17.5% 406,426 327,416 24.1% Less : Property operating expenses (26,694)
Slide 12: Consolidated Statement of Financial Position
STRICTLY STRICTLY PRIVATE PRIVATE & & CONFIDENTIAL CONFIDENTIAL CONSOLIDATED STATEMENT OF FINANCIAL POSITION 30.06.2012 30.6.2011 RM'000 RM'000 ASSETS Non-current assets Plant and equipment 437 122 Investment properties 4,630,000 4,379,000 Derivative financial instrument 8,455 - 4,638,892 4,379,122
Slide 13: Debt Profile - 30 June 2012
STRICTLY STRICTLY PRIVATE PRIVATE & & CONFIDENTIAL CONFIDENTIAL DEBT PROFILE- PROFILE- 30 JUNE 2012 FYE 2012 FP 2011 Term Loan Maturity Profile (RM'mil) Borrowings (RM'million) 1,567.6 1,573.4 1,400 1,200 Cost of Debt @ 30 June 3.73% 4.65% 1,000 549 CP 2 800 Average Cost of Debt 4.45% 4.54% 600 400
Slide 14: 4Q 2012 Portfolio Performance
STRICTLY STRICTLYPRIVATE PRIVATE&&CONFIDENTIAL CONFIDENTIAL 4Q 2012 PORTFOLIO PERFORMANCE Note : The financial results should be read in conjunction with the 4Q 2012 announcement to Bursa Malaysia Securities Berhad 13
Slide 15: 4Q 2012 Revenue Contribution
STRICTLY STRICTLYPRIVATE PRIVATE&&CONFIDENTIAL CONFIDENTIAL 4Q 2012 REVENUE CONTRIBUTION 4Q 2012 (RM'mil) 102.6 4Q 2011 (RM'mil) 87.3 Retail Hotel Office 70.0 60.0 57.7 53.8 50.0 40.0 30.0 20.0 9.2 8.2 10.0 7.3 6.5 6.1 5.5 5.5 3.9 4.1 4.1 4.2 4.3 1.1 1.1 0.6 1.3 1.5 2.2 1.7 - - Sunway Sunway SCI Sun
Slide 16: 4Q 2012 Revenue Contribution By property
STRICTLY STRICTLY PRIVATE PRIVATE & & CONFIDENTIAL CONFIDENTIAL 4Q 2012 REVENUE CONTRIBUTION By sector By property Sunway Office Putra 10% Sunway Tower Menara Tower Sunway 2% Sunway 4% Hotel Putra Hotel 4% 19% Retail 4% 71% SHSJ 1% Pyramid Tower 6% SRH & Sunway Spa Pyramid By location 9% 56% Sunway
Slide 17: YTD 4Q 2012 Revenue Contribution
STRICTLY STRICTLYPRIVATE PRIVATE&&CONFIDENTIAL CONFIDENTIAL YTD 4Q 2012 REVENUE CONTRIBUTION YTD 4Q 2012 (RM'mil) 406.4 YTD 4Q 20111 (RM'mil) 327.4 Retail Hotel Office 250.0 228.5 208.1 200.0 150.0 100.0 50.0 35.1 28.2 24.7 31.0 30.6 22.8 20.0 16.2 15.6 16.9 9.0 16.9 9.6 4.5 4.1 0.6 4.6 5.1 - 1.7 -
Slide 18: YTD 4Q 2012 Revenue Contribution By property
STRICTLY STRICTLY PRIVATE PRIVATE & & CONFIDENTIAL CONFIDENTIAL YTD 4Q 2012 REVENUE CONTRIBUTION By property By sector Sunway Office Menara Putra 10% Sunway Sunway Tower Hotel Putra 4% 2% 18% Hotel Sunway 2% Tower Retail 4% 72% SHSJ 1% Pyramid Tower 6% SRH & Spa Sunway 9% Pyramid By location Sunway
Slide 19: 4Q 2012 NPI Contribution
STRICTLY PRIVATE & CONFIDENTIAL 4Q 2012 NPI CONTRIBUTION NPI Margin 4Q 2012 (RM'mil) 75.9 74.0% 4Q 2011 (RM'mil) 65.0 74.5% Retail Hotel Office 45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 - (5.0) SCI Sunway Sunway Sunway Sunway Sunway SRH & Pyramid Menara Sunway Hyper- Putra SHSJ* Putra Putra Pyrami
Slide 20: 4Q 2012 NPI Contribution
STRICTLY PRIVATE & CONFIDENTIAL 4Q 2012 NPI CONTRIBUTION By property By sector Office Sunway 10% Sunway Tower Putra Tower Menara 4% 2% Sunway Retail 4% Hotel 65% Sunway Putra Hotel 25% 4% SHSJ 2% Pyramid Tower 7% Sunway Pyramid 53% By location SRH & Spa 12% Kuala Lumpur Sunway 15% Putra Mall Penang
Slide 21: YTD 4Q 2012 NPI Contribution
STRICTLY PRIVATE & CONFIDENTIAL YTD 4Q 2012 NPI CONTRIBUTION NPI Margin YTD 4Q 2012 (RM'mil) 299.2 73.6% 1 YTD 4Q 2011 (RM'mil) 244.0 74.5% Retail Hotel Office 180.0 160.0 140.0 120.0 100.0 80.0 60.0 40.0 20.0 - (20.0) SCI Sunway Sunway Sunway Sunway Sunway SRH & Pyramid Menara Sunway Hyper- Putra S
Slide 22: YTD 4Q 2012 NPI Contribution By property
STRICTLY PRIVATE & CONFIDENTIAL YTD 4Q 2012 NPI CONTRIBUTION By sector By property Sunway Menara Office Sunway Sunway Putra Tower 10% Putra Hotel 4% 2% 3% Sunway Hotel Tower 23% Retail SHSJ 67% 4% 2% Pyramid Tower 8% Sunway SRH & Spa Pyramid 11% 54% By location Kuala Sunway Lumpur Putra Mall 15% Pen
Slide 23: Fair Value of Investment Properties
STRICTLY PRIVATE & CONFIDENTIAL FAIR VALUE OF INVESTMENT PROPERTIES Property Fair value @ Fair value @ Property NPI @ Property NPI @ 30.06.2011 30.06.2012 Increase yield 30.06.2011 yield 30.06.2012 RM'000 RM'000 RM'000 % RM'000 % RM'000 Retail Sunway Pyramid Shopping Mall 2,345,000 2,540,000 195,000
Slide 24: Resilient Income Stream
STRICTLY PRIVATE & CONFIDENTIAL RESILIENT INCOME STREAM Well spread- spread-out lease expiry profile and diverse tenant base WALE(1) as at 30 June 2012 –2.32 years Top 10 tenants comprise approximately 18.9% of total revenue Projected tenancy expiry of portfolio (2) Top ten tenants 50.0% 49.6% Total
Slide 25: YTD 4Q 2012 Rental Reversion
STRICTLY PRIVATE & CONFIDENTIAL YTD 4Q 2012 RENTAL REVERSION Note: The hotel properties are under a 10-year hotel master lease (HML). HML for Sunway Resort Hotel & Spa, Pyramid Tower Hotel and Sunway Hotel Seberang Jaya will be due in July 2020. As for Sunway Putra Hotel, HML will be due in Sept 202
Slide 26: 4Q 2012 Property Performance
STRICTLY STRICTLY PRIVATE PRIVATE & & CONFIDENTIAL CONFIDENTIAL 4Q 2012 PROPERTY PERFORMANCE 25
Slide 27: Retail Properties – Sunway Pyramid Shopping Mall
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNWAY PYRAMID SHOPPING MALL Occupancy rates Projected lease expiry schedule Average occupancy rate 70% 100.0% 62.8% 99.3% 98.6% 60% 97.9% 98.5% 95.0% 50% 92.3% 90.0% 40% 30% 85.0% 19.0% 20% 15.9% 80.0% 10% 1.4% 0% 75.0% FY2013 FY2014 FY2015 and Mo
Slide 28: Retail Properties – Sunway Pyramid Shopping Mall (Cont'd)
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNWAY PYRAMID SHOPPING MALL (Cont’d) Tenant Mix Top 10 tenants Fashion & Total Top 10 Tenants 13.0% Footwear Aeon Co (M) Bhd 2.4% Food & Beverage Parkson Corporation Sdn Bhd 1.7% TGV Cinemas Sdn Bhd 1.7% Department 20.0% Store Sunway Resort Hotel
Slide 29: Retail Properties – Sunway Carnival Shopping Mall
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNWAY CARNIVAL SHOPPING MALL Occupancy rates Projected lease expiry schedule Average occupancy rate 50% 45.1% 100.0% 45% 93.6% 95.0% 40% 35.1% 91.8% 91.2% 35% 90.6% 90.0% 30% 86.8% 25% 85.0% 20% 13.6% 15% 80.0% 10% 5% 0.9% 75.0% 0% 70.0% FY2013 FY
Slide 30: Retail Properties – Sunway Carnival Shopping Mall (Cont'd)
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNWAY CARNIVAL SHOPPING MALL (Cont’d) Tenant Mix Top 10 tenants Total Top 10 tenants 36.4% Parkson Corporation Sdn Bhd 11.6% Fashion & Footwear Golden Screen Cinemas Sdn Bhd 9.1% Food & GCH Retail (Malaysia) Sdn Bhd 3.6% Beverage 17.1% Department
Slide 31: Retail Properties – Suncity Ipoh Hypermarket
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNCITY IPOH HYPERMARKET Occupancy rates Average occupancy rate 100.0% 100% 100% 100% 100% 100% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Jun-08 Jun-09 Jun-10 Jun-11 Jun-12 Suncity Ipoh Hypermarket is tenanted to a single tenant, a
Slide 32: Retail Properties – Sunway Putra Mall
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNWAY PUTRA MALL Occupancy rates Projected lease expiry schedule Average occupancy rate 100.0% 100.0% 90.0% 90.0% 80.0% 80.0% 79.8% 70.0% 70.0% 60.0% 60.0% 50.8% 50.0% 50.0% 40.0% 40.0% 30.0% 30.0% 16.9% 20.0% 20.0% 6.6% 10.0% 17.6% 10.0% 0.0% 0.0
Slide 33: Retail Properties – Sunway Putra Mall (Cont'd)
STRICTLY PRIVATE & CONFIDENTIAL RETAIL PROPERTIES – SUNWAY PUTRA MALL (Cont’d) Tenant Mix Top 10 tenants Total Top 10 tenants 59.2% Fashion & Footwear Parkson Corporation Sdn Bhd 47.6% 15.3% 13.8% Golden Arches Restaurant Sdn Bhd 2.0% Food & Beverage Pizza Hut Restaurant Sdn Bhd 1.7% 6.8% 9.2% Depar
Slide 34: Hospitality Properties – Sunway Resort Hotel & Spa
STRICTLY PRIVATE & CONFIDENTIAL HOSPITALITY PROPERTIES – SUNWAY RESORT HOTEL & SPA Occupancy rates (Q on Q comparison) Occupancy rates Average occupancy rate (%) Avg occupancy rate (%) 90.0% 82.0% 90.0% 77.5% 78.0% 76% 80.0% 80.0% 71.6% 70.8% 71.5% 72.3% 72.8% 66.7% 69.4% 70.0% 61.0% 70.0% 62.7% 60.
Slide 35: Hospitality Properties – Pyramid Tower Hotel
STRICTLY PRIVATE & CONFIDENTIAL HOSPITALITY PROPERTIES – PYRAMID TOWER HOTEL Occupancy rates (Q on Q comparison) Occupancy rates Average occupancy rate (%) 100.0% Avg occupancy rate (%) 90.2% 84.0% 83.1% 90.0% 83.0% 86.3% 79.9% 79.5% 82.2% 79.6% 83.0% 82.1% 80.0% 74.9% 82.0% 81.3% 80.9% 70.0% 81.0%
Slide 36: Hospitality Properties – Sunway Hotel Seberang Jaya
STRICTLY PRIVATE & CONFIDENTIAL HOSPITALITY PROPERTIES – SUNWAY HOTEL SEBERANG JAYA Occupancy rates (Q on Q comparison) Occupancy rates Average occupancy rate (%) Avg occupancy rate (%) 90.0% 83.8% 83.0% 84.0% 75.7% 79.1% 81.2% 80.0% 74.2% 75.3% 82.0% 80.0% 78.8% 65.8% 80.0% 70.0% 63.7% 77.0% 78.0%
Slide 37: Hospitality Properties – Sunway Putra Hotel
STRICTLY PRIVATE & CONFIDENTIAL HOSPITALITY PROPERTIES – SUNWAY PUTRA HOTEL Occupancy rates Customer contribution (Room revenue) Avg occupancy rate (%) 64.0% 62.5% 62.0% 59.5% 59.0% 60.0% 29.9% 58.0% 56.0% 55.0% 54.0% 70.1% 52.0% 50.0% 1 2Q 2012 3Q 2012 4Q 2012 Ytd Jun 12 Avg occupancy rate (%) Corp
Slide 38: Office Properties – Menara Sunway
STRICTLY PRIVATE & CONFIDENTIAL OFFICE PROPERTIES – MENARA SUNWAY Occupancy rates Projected lease expiry schedule Average occupancy rate 102.0% 100.0% 90.0% 99.7% 1 100.0% 80.0% 73.2% 98.5% 97.7% 70.0% 97.3% 98.0% 60.0% 50.0% 96.0% 40.0% 94.0% 94.0% 30.0% 19.1% 20.0% 92.0% 6.6% 10.0% 0.0% 90.0% FY20
Slide 39: Office Properties – Menara Sunway (Cont'd)
STRICTLY PRIVATE & CONFIDENTIAL OFFICE PROPERTIES – MENARA SUNWAY (Cont’d) Tenant mix Top 10 tenants Total top 10 tenants 80.3% 1.9% Sunway Management Sdn Bhd 15.5% 10.3% Management services 3.0% Maxis Mobile Sdn Bhd 14.9% 3.0% Property 26.0% Sunway Integrated Properties 13.1% Communication Sunway C
Slide 40: Office Properties – Sunway Tower
STRICTLY PRIVATE & CONFIDENTIAL OFFICE PROPERTIES – SUNWAY TOWER Occupancy rates Projected lease expiry schedule Average occupancy rate 100.0% 100.0% 95.6% 97.0% 1 90.0% 90.0% 93.5% 74.7% 80.0% 80.0% 70.0% 70.0% 70.1% 67.1% 60.0% 60.0% 50.0% 50.0% 40.0% 40.0% 30.0% 30.0% 20.0% 20.0% 7.1% 10.0% 10.0%
Slide 41: Office Properties – Sunway Tower (Cont'd)
STRICTLY PRIVATE & CONFIDENTIAL OFFICE PROPERTIES –SUNWAY TOWER (Cont’d) Tenant mix Top 10 tenants Total Top 10 tenants 99.2% 2.2% 2.4% Ranhill Worley Parsons 80.9% 3.0% Consultancy (Oil & 4.7% Gas) WorleyParsons Services Sdn Bhd 4.9% 1.8% Consultancy (Finance) ACCA Malaysia Sdn Bhd 4.7% Royal Danis
Slide 42: Office Properties – Sunway Putra Tower
STRICTLY PRIVATE & CONFIDENTIAL OFFICE PROPERTIES – SUNWAY PUTRA TOWER Occupancy rates Projected lease expiry schedule Average occupancy rate 98.7% 100.0% 100.0% 90.0% 95.0% 80.0% 70.0% 90.0% 60.0% 52.7% 1 50.0% 85.2% 85.0% 40.0% 30.0% 26.1% 80.0% 20.0% 10.0% 1.2% 75.0% 0.0% Jun-11 Jun-12 FY2013 FY2
Slide 43: Office Properties – Sunway Putra Tower (Cont'd)
STRICTLY PRIVATE & CONFIDENTIAL OFFICE PROPERTIES – SUNWAY PUTRA TOWER (Cont’d) Tenant mix Top 10 tenants 1.7% 2.1% Advisory 99.1% Top 10 tenants 1.4% 2.6% 3.1% 3.2% 55.5% Communication Suruhanjaya Koperasi Malaysia Kementerian Perdagangan Dalam Negeri 19.5% Kementerian Perdagangan Dlm Negeri 6.6% K
Slide 44: Market Outlook
STRICTLY PRIVATE & CONFIDENTIAL MARKET OUTLOOK 43
Slide 45: General Outlook
STRICTLY PRIVATE & CONFIDENTIAL GENERAL OUTLOOK The global economic landscape premises on ongoing development in the Euro zone and speed of recovery in the U.S. Whilst recovery in the U.S. remains soft, Asian economies are more resilient albeit at a slower pace. On the domestic front, domestic deman
Slide 46: General Outlook
STRICTLY PRIVATE & CONFIDENTIAL GENERAL OUTLOOK In an environment of moderating growth and softer inflation, monetary policy will focus on supportive of growth. At the prevailing overnight policy rate (OPR) of 3.0%, monetary conditions remain supportive of economic activity. BNM has the flexibility
Slide 47: Retail
STRICTLY PRIVATE & CONFIDENTIAL RETAIL Following the higher than anticipated retail sales growth of 8.1% in 2011, retail sales growth is expected to moderate to 6.0% in 2012 to RM88.2 billion, according to Malaysia Retailers Association (MRA). For the period between January to March 2012, retailers
Slide 48: Retail
STRICTLY PRIVATE & CONFIDENTIAL RETAIL Sunway Carnival Shopping Mall’s average occupancy rate improved to 91.2% for FY 2012 compared to 90.6% in the previous financial year. Occupancy rate stood at 94.7% as at 30 June 2012. A total of 81,636 sq. ft representing 16.7% of total NLA was renewed at 10.6
Slide 49: Hotel
STRICTLY PRIVATE & CONFIDENTIAL HOTEL Malaysia tourist arrival was largely unchanged at 24.7 million in 2011. However, tourist receipts rose 3.2% to RM58.3 billion. YTD till May 2012, tourist arrival grew 1.2% vis-à-vis the corresponding period last year with notable drop in tourist arrival from Sin
Slide 50: Hotel
STRICTLY PRIVATE & CONFIDENTIAL HOTEL Despite the moderation in growth in tourist arrivals, the strong business performances for Sunway Resort Hotel & Spa and Pyramid Tower Hotel were underpinned by Sunway Resort City’s (SRC) strategic location in Klang Valley and vibrancy of the township. Performan
Slide 51: Office
STRICTLY PRIVATE & CONFIDENTIAL OFFICE The current stock in Klang Valley stood at 64.6 million sq. ft. with additional 12.0 million coming on stream over the next 3 years. The oversupply situation is exacerbated by mega projects such as KL International Financial District, KL Metropolis and Warisan
Slide 52: Sunway Putra Place
STRICTLY PRIVATE & CONFIDENTIAL SUNWAY PUTRA PLACE Business performance of Sunway Putra Place is in line with the Manager’s expectation for FY2012. Sunway Putra Mall managed to maintain its average occupancy rate close to 80.0%. The occupancy rate is expected to remain at this level and may decline
Slide 53: Sunway Putra Place
STRICTLY PRIVATE & CONFIDENTIAL SUNWAY PUTRA PLACE The manager will undertake planning for refurbishment for the hotel and office during FY2013. Commencement of refurbishment is expected in 2HFY2013. Overall, the Manager expects stable business performance for Sunway Putra Place in 1HFY2013 prior to
Slide 54: Investor Relations
STRICTLY STRICTLYPRIVATE PRIVATE&&CONFIDENTIAL CONFIDENTIAL INVESTOR RELATIONS 53
Slide 55: Unit Price Performance (IPO to 4Q FYE June 2012)
STRICTLY PRIVATE & CONFIDENTIAL Unit Price Performance (IPO to 4Q FYE June 2012) Sunway REIT vs FBM KLCI (8 July 2010 – 30 June 2012) Performance Statistics* 1.40 Unit Price (RM) FBM KLCI 1,700 Price (as at RM0.90 1.35 Sunway REIT 8/7/2010) 1.30 1,600 Closing Price (as at : RM1.36 1.25 30/6/2012) 1.
Slide 56: Unit Price Performance (Financial FYE June 2012)
STRICTLY PRIVATE & CONFIDENTIAL Unit Price Performance (Financial FYE June 2012) Sunway REIT vs FBM KLCI (30 June 2011 – 30 June 2012) Performance Statistics* Unit Price (RM) 1.40 FBM KLCI 1,700 Price (as at RM1.11 30/6/2011) Sunway REIT 1.30 1,600 Closing Price (as at : RM1.36 30/6/2012) 1.20 FBM K
Slide 57: Unitholders' Composition – As at 30 June 2012
STRICTLY PRIVATE & CONFIDENTIAL Unitholders’ Unitholders’ Composition – As at 30 June 2012 Individual 8% Foreign 22% Sunway Berhad 37% Domestic Institutions 78% 55% Total number of unit holders as at 30 June 2012: 6,407 (6,375 as at 31 March 2012) 56
Slide 58: Comparative Yields for Various Assets
STRICTLY PRIVATE & CONFIDENTIAL Comparative Yields for Various Assets 7.0% 6.6% 2 6.0% 4 6.0% 5.5% 1 5.0% 4.0% 3.5% 2 3.2% 3 3.0% 3.0% 2.0% 1.0% 0.0% Sunway REIT M-REIT 10-Year MGS Fixed Deposit EPF Yield OPR Note: 1. Dividend yield based on DPU declared for the period 1/7/2011-30/6/2012 2. Informat
Slide 59: Thank You
THANK YOU Driving values through sustainable growth. sUNWAY
Sunway Real Estate Investment Trust — Q4 FY2012 Earnings Presentation on 6ix