Slide 1: Acquisition of Port Klang property, Malaysia
Acquisition of Port Klang property, Malaysia 21 May 2007
Slide 2: Agenda
Agenda Details of the property: ¾ Lot No. 1830, Jalan Kem, Off Jalan Teluk Gong, Kawasan Perindustrian Pandamaran, 42000 Pelabuhan Klang, Selangor, Malaysia Impact on MapletreeLog ¾ Acquisition is DPU-accretive ¾ Tenant concentration ¾ Asset mix ¾ Average lease duration ¾ Unexpired lease of unde
Slide 3: Port Klang property
Port Klang property Purchase Price : RM32 million (approx. S$14 million) Valuation : RM33.5 million (approx. S$15 million) by VPC Alliance (KL) Sdn Bhd dated 24 Apr 07 Land tenure : Freehold Land area : 58,426 sqm (approx.) GFA : 25,734 sqm (approx.) Lettable area : 25,734 sqm (approx.) Port
Slide 4: Acquisition is DPU-accretive
Acquisition is DPU-accretive Port Klang property Total Return (over 10 years) 9.50% DPU impact1 0.023 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 th
Slide 5: Tenant concentration
Tenant concentration Top 10 Tenants of the Entire Portfolio by Gross Revenue for the Month of March 2007 Pre-Acquisition Post-Acquisition 5% 4.5% 4.4% 5% 4.2% 4.1% 4% 3.7% 3.7% 3.6%3.6% 4% 3% 2.7% 2.7% 3% 2.3%2.3% 2% 1.7% 1.7% 1.6% 1.6% 1.6% 1.6% 1.5% 1.5% 2% 1% 1% 0% Ever Gain Zama Centre Teck Wah
Slide 6: Asset mix
Asset mix Before the acquisition After the acquisition Gross Revenue Contribution by Trade (Post-Acquisition) Gross Revenue Contribution by Trade (Post-Acquisition) Oil & Chemical Oil & Chemical Logistics Logistics FTZ 3PL 4.5% FTZ 3PL Industrial 4.2% Industrial 4.5% 6.0% Warehousing Warehousing 11.
Slide 7: Average lease duration
Average lease duration Le a s e Ex pir y P r ofile by Gr os s Re ve nue (for the M onth of M a r c h 2 0 0 7 ) 45% Pr e- A c quis ition Pos t- A c quis ition 40% 38.4% 38.0% 35% 30% 25% 20% 17.3% 17.1% 13.7% 13.6% 15% 9.9% 9.8% 8.7% 8.7% 10% 6.0% 6.0% 5.6% 6.4% 5% 0% Ex pir ing in Ex pir ing in Ex p
Slide 8: Unexpired lease of underlying land
Unexpired lease of underlying land Re maining Ye ars to Expiry of Unde rlying Land Le ase Pre-A cquisition Post-A cquisition 50% 45% 43.8%44.6% 40% % of Total Lettable Area 35% 30% 28.9% 28.5% 25% 20% 14.9%14.7% 15% 10% 8.2% 8.1% 5% 3.5% 3.5% 0.8% 0.7% 0% 0 - 20 yrs 21 - 30 yrs 31 - 40 yrs 41 - 50 y
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 13% 13% Malaysia Malaysia 5% 6% China Singapore China Singapore 5% 51% 5% 51% 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