REIT 2H FY2024/25 Results

29 July 2025

• Overview and Key Highlights 04

• Financial Performance 08

• Portfolio Updates 21

• ESG Initiatives 40

• Strategy and Market Outlook 43

• Appendix 52

Lot 10, Kuala Lumpur, Malaysia

Ngee Ann City, Singapore

Overview

Quality Assets Strategic Locations

• Portfolio of ~S$2.8 billion

• 9 mid- to high-end predominantly retail properties in six key Asia Pacific cities
• Landmark assets at prime locations
• Excellent connectivity to transportation hubs

• Appeal to both local and international brands

• Core markets: Singapore, Australia, Malaysia

• Contribution to 2H FY24/25 revenue:

  Retail (~85%) & Office (~15%)
  Strong Sponsor
  
  

  • YTL Group owns ~38.1% of SGREIT

  • Has a combined market capitalisation of US$15.8 billion(1)

    Income Visibility
    
    

  • Master/anchor leases with periodic rental reviews make up ~52.6% of gross rental income ("GRI")(2)

  • Committed portfolio occupancy of

    94.6%(2)

    Healthy Financials
    
    
  • "BBB" credit rating with stable outlook by Fitch Ratings, affirmed in February 2025

  • Gearing of 36.0%(2) and weighted average debt maturity of 3.1 years(2)

  • Component stock of FTSE EPRA NAREIT Global Developed Index

Notes:

1. Market capitalisation of YTL Corporation Berhad and its listed entities in Malaysia, as at 30 June 2025.

2. As at 30 June 2025.

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