Mapletree Logistics Trust · SGX:M44U
Mapletree Logistics Trust — Merger or Acquisition (September 2007)
10 slides from Mapletree Logistics Trust's merger presentation, Sep 20, 2007
Slide 1: Acquisition of a distribution centre in Japan
Acquisition of a distribution centre in Japan 20 Sep 2007
Slide 2: Agenda
Agenda Details of the property: Kanto, Japan Impact on MapletreeLog Acquisition is DPU-accretive Tenant concentration Asset mix Average lease duration Unexpired lease of underlying land Geographical allocation of portfolio 1 1
Slide 3: Property details
Property details Distribution centre located in the Kanto region, Japan Construction to be completed in 2008 Build-to-Suit facility Tenant is from a leading Japanese manufacturing group Lease tenure : 20 years Easy accessibility via major roads and expressways 2 2
Slide 4: Acquisition is DPU-accretive
Acquisition is DPU-accretive Kanto property Total Return (over 10 years) 5.5% DPU impact1 0.16 Singapore cents (proforma annualised impact) 1. Assuming Mapletreelog had purchased, held and operated the property for the financial year ended 31 December 2006 (based on 41 properties) and that the acqui
Slide 5: 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 4.8% 5% 4.7% 3.8% 4% 3.7% 3.4% 3.3% 3.3% 3.2% 2.9% 3% 2.5% 2.5% 2.1% 2.1% 2% 1.6% 1.5% 1.5% 1.5% 1.5% 1.4% 1% 0.0% 0% Ever Gain NEC Teck Wah Nichirei
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 Industrial 3.9% FTZ 3PL 4.0% Industrial 4.2% 4.3% Warehousing Warehousing 13.8
Slide 7: Average lease duration
Average lease duration Lease Expiry Profile by Gross Revenue (for the Month of June 2007) 45% Pre-Acquisition Post-Acquisition 40.6% 40.8% 40% 35% 30% 25% 20% 16.4% 16.4% 15% 12.6% 12.6% 8.9% 8.9% 10% 7.8% 7.8% 7.0% 7.0% 6.4% 6.4% 5% 0% Expiring in Expiring in Expiring in Expiring in Expiring in Exp
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% 45% 43.3% 44.1% 40% 35% 29.8% 29.3% 30% 25% 20% 15.0% 14.8% 15% 10% 7.9% 7.8% % of Total Lettable Area 5% 3.3% 3.3% 0.7% 0.7% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 yrs 5
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) Japan Japan 12% 14% Malaysia Malaysia 6% 6% Singapore Singapore China 50% 49% 7% China 7% Hong Kong Hong
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
Mapletree Logistics Trust — Merger or Acquisition (September 2007) on 6ix