Mapletree Logistics Trust · SGX:M44U
Mapletree Logistics Trust — Merger or Acquisition (January 2008)
10 slides from Mapletree Logistics Trust's merger presentation, Jan 21, 2008
Slide 1: Acquisition of 76 Pioneer Road, Singapore
Acquisition of 76 Pioneer Road, Singapore 21 January 2008
Slide 2: Agenda
506002si_2 Jul.ppt Agenda Details of the property: 76 Pioneer Road, Singapore 639577 Impact on MapletreeLog Acquisitions are DPU-accretive Tenant concentration Asset mix Average lease duration Unexpired lease of underlying land Geographical allocation of portfolio 1 1
Slide 3: 76 Pioneer Road
506002si_2 Jul.ppt 76 Pioneer Road Purchase Price : S$40.0 million Land tenure: 30 + 30 yrs, expiring in February 2054 Land area : 29,263 sqm (approx.) GFA : 31,677 sqm (approx.) Lettable area : 31,677 sqm (approx.) Lessee : Sealogistics Pte Ltd. The property has 2 detached buildings, Lease terms :
Slide 4: Acquisitions are DPU-accretive
506002si_2 Jul.ppt Acquisitions are DPU-accretive 76 Pioneer Road Total Return (over 10 years) 8.83% DPU impact1 0.13 Singapore cents (proforma annualised impact) 1. Assuming MapletreeLog had purchased, held and operated the properties for the whole of the financial year ended 31 December 2006 (base
Slide 5: Better Tenant Diversification
506002si_2 Jul.ppt Better Tenant Diversification Top 10 Tenants of the Entire Portfolio by Gross Revenue for the M onth of September 2007 5.0% 4.4% 4.5% 4.3% Pre-Acquisition Post-Acquisition 4.0% 3.7% 3.6% 3.3% 3.5% 3.2% 3.2% 3.2% 3.0% 2.7% 2.6% 2.3% 2.5% 2.3% 2.0% 1.9% 2.0% 1.6% 1.5%1.4% 1.4%1.4% 1
Slide 6: Asset mix
506002si_2 Jul.ppt Asset mix Before the acquisition After the acquisition Gross Revenue contribution by trade Gross Revenue contribution by Trade (Pre-Acquisition) (Post-Acquisition) Oil & Chemical Oil & Chem ical Logistics Logistics 4% FTZ 3PL 4% FTZ 3PL 6% Industrial Industrial 6% Warehousing Ware
Slide 7: Average lease duration
506002si_2 Jul.ppt Average lease duration Lease Expiry Profile by Gross Revenue (for the month of September 2007) 50% 45% 42.0%43.0% Pre-Acquisition Post-Acquisition 40% 35% 30% 25% 20% 18.2%17.9% 15% 13.3% 13.1% 10% 7.6% 7.5% 8.4%8.3% 6.8% 6.7% 5% 0% Expiring in Expiring in Expiring in Expiring in
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% 45% 43.0%43.3% % of Total Lettable Area 40% 35% 30% 28.6% 28.4% 25% 20% 16.3%16.2% 15% 10% 7.6% 7.6% 5% 3.8% 3.8% 0.7% 0.7% 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 Pre-Acquisition Post-Acquisition Japan Japan Korea 14% Korea 15% 1% 1% Malaysia Malaysia 6% 6% Singapore China Singapore China 48% 8% 49% 8% Hong Kong Hong Kong 22% 22% (1) Pre-Acquisition (portfolio
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
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