AIMS AMP CAPITAL INDUSTRIAL REIT
|
|
- Millicent Black
- 6 years ago
- Views:
Transcription
1 AIMS AMP CAPITAL INDUSTRIAL REIT 3 rd Quarter Ended 31 December 2011 Results Presentation 20 January 2012
2 Important Notice Disclaimer This Presentation is focused on comparing actual results for the financial period from 1 October 2011 to 31 December 2011 ( 3Q FY2012 ) versus actual results year-on-year ( y-o-y ) and quarter-on-quarter ( q-o-q ). This Presentation shall be read in conjunction with AIMS AMP Capital Industrial REIT s ( AIMSAMPIREIT or the Trust ) results for 3Q FY2012 as per the SGXNet Announcement. The information contained in this presentation is for information purposes only and does not constitute an offer to sell or any solicitation of an offer or invitation to purchase or subscribe for units in AIMS AMP Capital Industrial REIT ( Units ) in Singapore or any other jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. The past performance of the Units and AIMSAMPIREIT is not indicative of the future performance of AIMSAMPIREIT. Predictions, projections or forecasts of the economy or economic trends of the markets are not necessarily indicative of the future or likely performance of AIMSAMPIREIT. The value of the Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the AIMS AMP Capital Industrial REIT Management Limited (the Manager ). An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Manager redeem their Units while the Units are listed. It is intended that holders of Units ( Unitholders ) may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (the SGX-ST ). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses, including employee wages, benefits and training, property expenses and governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's current view of future events. The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the Manager, or any of its respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. 2
3 Contents Highlights for the Quarter Results for 3Q FY2012 Portfolio Review Execution on Strategy Substantial Unitholders 3
4 Highlights for 3Q FY2012 Solid DPU performance: 2.60 cents per unit for the quarter Strong increase in amount available for distribution of 11.7% y-o-y to S$11.7 million Aggregate leverage 30.7% (29.4% on a pro forma basis post completion of the sale of 31 Admiralty Road) Redevelopment works at 20 Gul Way progressing according to schedule and within budget Sale of 31 Admiralty Road for S$ million, 8.9% above book value and 22.7% above the REIT s initial purchase price of S$13.4 million Unit consolidation of every five (5) unit held into one (1) effected on 4 October
5 3Q FY2012 Financial Results 5
6 Distribution Details Stock counter Distribution period DPU (cents) AIMSAMPIReit Code: O5RU 1 October 2011 to 31 December Distribution Timetable Ex-date 3 February 2012, 9.00am Books closure date 7 February 2012, 5.00pm Distribution payment date 20 March
7 Results for 3Q FY2012 3Q FY2012 S$ 000 2Q FY2012 S$ 000 Q-o-Q % 3Q FY2011 S$ 000 Gross Revenue 21,217 21,475 (1.2) 19, Net Property Income 15,156 15,440 (1.8) 14, Y-o-Y % Amount available for distribution Amount available for distribution per unit ( DPU )(cents) 11, ,2 11,989 (2.7) 10, DPU (cents) , Annualised DPU yield (%) On 4 October 2011, AIMSAMPIREIT announced the completion of the consolidation ( Unit Consolidation ) of every five existing units ( Units ) held as at 3 October 2011 into one consolidated unit ( Consolidated Unit ). The number of Units used to calculate the DPU is 443,851,849, the Units in issue after the Unit Consolidation. 2 The Trust achieved an amount available for distribution of S$11.7 million for 3Q FY2012. This translates to per Unit of cents. 3 The Trust s distribution policy is to distribute at least 90% of the Trust s taxable income for the full financial year. For 3Q FY2012, the Manager has resolved to distribute 98.9% of the taxable income available for distribution to the Unitholders, amounting to S$11.5 million or DPU of cents. 4 The number of Units used to calculate the DPU in 3QFY2011 has been adjusted for the effect of the Unit Consolidation to allow for comparison. 5 Based on closing price of S$1.00 on 19 January 2012 and annualised DPU of cents for 3QFY2012. Annualised DPU is computed based on actual DPU payout for the first three quarters annualised to full year. 7
8 Balance Sheet 31 December September 2011 Total Assets (S$ M) Comprising (S$ M): - Investment Properties - Investment Properties under development - Investment Properties held for sale - Plant and equipment - Cash and Cash Equivalents - Trade and Other Receivables Total Liabilities (S$ M) Net Assets (S$ M) NAV per unit (post Unit Consolidation) (S$) Total Debt 1 (S$ M) Aggregate Leverage (%) Pro forma Aggregate Leverage (%) (post completion of sale of 31 Admiralty Road) Excluding unamortised loan transaction costs. 8
9 Key Financial Metrics 3Q FY2012 2Q FY2012 Appraised Value of Property Portfolio S$ million S$869.2million Market Capitalisation 2 S$443.9 million S$421.7 million NAV per Unit (post Unit Consolidation) S$1.367 S$1.365 Discount to NAV % 30.4% Aggregate Leverage % 30.0% Pro forma Aggregate Leverage 3 (post completion of sale of 31 Admiralty Road) 29.4% 28.7% Interest Cover Ratio times 6.2 times Weighted Average Debt Maturity 2.6 years 2.8 years 1 Includes 20 Gul Way which is under development ($41.8 million in land value and $26.9 million in development cost incurred to-date). 2 Based on the closing price per unit of S$1.00 on 19 January 2012 and S$0.95 on 5 October 2011 of 443,851,849 units in issue. 3 Total debt as a % of total assets. 4 Bank covenant: minimum of 2.5 times. 9
10 Debt Facilities Bank syndicate comprising UOB, SCB, CBA and ING Average debt maturity of 2.6 years All in pricing of 234bps (margin + upfront fee) $430.0 million debt facility Term loan of S$200.0 million, split equally between tenor of 3 years and 5 years maturing in October 2013 and October 2015 respectively Term loan of S$150.0 million to part finance the redevelopment of 20 Gul Way, maturing in October 2015 Three-year revolving credit facility of S$80.0 million maturing October 2013 S$31.8 million acquisition debt facility Three-year term loan of S$28.8 million maturing in February 2014 One-year revolving credit facility of S$3.0 million Debt Maturity outstanding date as at 30 September 2011 Trust/Group $ million Due in October Due in February Due in October
11 Stable and Attractive Yield 12.0% 10.3% 10.0% 8.0% % yield per annum 6.0% 4.0% 2.50% 2.0% 1.62% 0.32% 0.0% QFY2012 Annualised Yield S'pore Govt 10-yr bond CPF Ordinary Account Bank 12mths FDs 11 1 Based on closing price of S$1.00 on 19 January 2012 and annualised DPU of cents for 3QFY2012. Annualised DPU is computed based on actual DPU payout for the first three quarters annualised to full year 2 Source: Bloomberg data as at December Prevailing CPF Ordinary Account interest rate
12 Portfolio Review 12
13 Key Portfolio Statistics As at 31 December 2011 As at 30 September 2011 As at 19 April 2007 (Listing) Number of Properties Appraised Value (S$ million) Net Lettable Area (sq m) 456, , ,980.7 Number of Tenants Occupancy (%) Weighted Average Lease Expiry (WALE) (years) Weighted Average Land Lease Expiry (years) Location of Properties Singapore Singapore Singapore 1 Includes 20 Gul Way which is under development ($41.8 million in land value and $26.9 million in development cost incurred to-date). 13
14 Valuations 31 December 2011 Property / Address Appraised Value 1 Warehouse and Logistics (S$ million) 27 Penjuru Lane & 10 Pandan Crescent Changi South Lane Tai Seng Drive Changi South Street Yishun Industrial Park A Bukit Batok Street Toh Tuck Link Tai Seng Drive /32 Tuas West Rd Serangoon North Ave Admiralty Road Clementi Loop Defu Lane Warehouse & Logistics Subtotal: S$531.4 million Percentage of Portfolio: 59.5% 14 Property / Address Appraised Value 1 Manufacturing (S$ million) 135 Joo Seng Road Tuas Avenue Yishun Industrial Park A Kallang Way 2A Ang Mo Kio Street & 10 Tuas Avenue Senoko South Road Tuas Avenue Soon Lee Road Manufacturing Subtotal: S$135.1 million Percentage of Portfolio: 15.1% Business Park / Hi-Tech 1A International Business Park Woodlands Industrial Park E Business Park / Hi Tech Subtotal: S$158.3 million Percentage of Portfolio: 17.7% Investment Properties under development 20 Gul Way Investment Properties under development Subtotal: S$68.7 million Percentage of Portfolio: 7.7% 1 The properties were valued as at 31 March 2011 by Colliers International Consultancy & Valuation (Singapore) Pte Ltd 2 The properties were valued as at 30 September 2011 by Cushman & Wakefield VHS Pte Ltd 3 Includes $41.8 million in land value and $26.9 million in development cost incurred to-date Total Appraised Value: S$893.5 million Investment Properties S$809.7 million Investment Properties under development S$68.7 million Investment Properties held for sale S$15.1 million
15 Portfolio Breakdown Rental Contribution by Property Sector Master Leases vs Multi-tenanted Business Park / Hi-Tech Space 17.3% Multi-tenanted 18.5% Manufacturing 17.4% Master Leases 81.5% Warehousing and Logistics 65.3% Total Portfolio (26 properties) Master Leases (21 properties) Multi-Tenanted (5 properties) WALE Average Security Deposit 2.6 years 8.4 months 2.4 years 9.4 months 3.4 years 3.6 months 15
16 Diversification Reduces Risk Tenant Base by Industry (By 3Q FY2012 Rental Income) Pharmaceutical/ Healthcare/ Cosmetics Fashion and Apparels 3.7% 4.0% F&B 3.2% Telecommunications 6.5% Printing 4.3% Metal Recycling 2.7% Logistics & Warehousing 27.2% Plastic Products and Distribution 7.1% Construction and Engineering 23.7% Information Technology & Electronics 8.2% Energy 9.4% 16
17 Intensive Lease Management To Manage Lease Expiry Profile Risk Lease Expiry Profile as at 31 December 2011 (by 3Q FY2012 Net Lettable Area) 45% 40% 35% 30% 41.9% 33.9% YTD FY2012 Sqm Total new/renewal leases signed 44 55,028.7 % of total NLA 12.1% % of net lettable area 25% 20% 15% 11.8% 15.7% 12.2% 12.2% 14.8% 14.8% % of NLA (master leases and direct tenancies only) % of NLA ('look through' position including subleases) 10% 5% 0% 3.4% 1.9% 1.2% 0% 4.7% 6.9% Property FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 sold Note: The lease expiry profile takes into account (i) the 20 Gul Way redevelopment and master lease to CWT Limited upon target completion and (ii) the sale of 31 Admiralty Road % 2.0% 3.4% 4.6% 3.4% 4.6% 2.4% 1.2% 1.0% 0% 0% 0%
18 FY2013 Lease Expiry: 41.9% of portfolio Management of Lease Expiry Risk Expiry % of NLA Multi-Tenanted 2.7% Master Lease Expiry % of NLA 31 Admiralty Road (SOLD) Apr % Risk mitigated by underlying subleases: 88.2% of Master Leases expiring in FY2013 are supported by underlying subleases. Management actively negotiating with underlying sub-tenants. Area occupied by master tenants 11.8% 8&10 Pandan Crescent Apr % 27 Penjuru Lane Dec % 56 Serangoon North Ave 4 Jan % 61 Yishun Industrial Park A Jan % 103 Defu Lane 10 Jan % 135 Joo Seng Road Mar % Area occupied by sub-tenants 88.2% 18
19 Quality Tenant Base Top 10 Tenants As at 31 December 2011 Top Ten Tenants by 3Q FY2012 Rental Income Tenant % C & P Holdings Pte Ltd 27 Penjuru Lane 20.0% United Tech Park Pte Ltd 8 & 10 Pandan Crescent 12.9% Eurochem Corporation Pte Ltd 9.4% Crescendas Group 7.6% Ban Teck Han Group 4.9% Ossia International Limited 4.0% Broadcom Singapore Pte Ltd 3.6% Builders Shop Pte Ltd 3.4% Powermatic Data Systems Ltd 3.0% Enviro-Hub Group 2.7% Top Ten Tenants 71.5% Listed Groups Private Groups 19
20 Strong and Stable Cashflows Average security deposit per property of approx. 8.4 months Occupancy of 98.9% Built-in rent escalation Weighted average lease expiry of 2.6 years 20
21 Long Land Lease to Expiry The weighted average unexpired land lease was 41.9 years as at 31 December 2011 % of Net Lettable Area 45.0% 40.0% 41.0% 35.0% 33.7% 30.0% % of Net Lettable Area 25.0% 20.0% 15.0% 10.0% 10.9% 14.4% 5.0% 0.0% yrs yrs yrs yrs 26 properties as at 31 Dec
22 Comparisons to Singapore Industrial Average Occupancy Levels High Occupancy Levels The Trust vs the Singapore industrial average 98.9% 93.0% 93.6% 93.3% The Trust Factory Space Warehouse Space URA Industrial Average Source: Based on URA 3 rd quarter 2011 statistics. URA Industrial average is the average of the factory and warehouse space occupancy rates of 93.0% and 93.6%, respectively. 22
23 Execution on Strategy 23
24 Objectives Stable distributions, Increase Unitholders value and liquidity Prudent Capital and Risk Management Intensive Asset and Lease Management Repositioning of Trust s portfolio & recycling of capital 24
25 Execution on Strategy Continued Transformation. Creating Value Singapore investments Enhancement of selected asset(s). Redevelopment opportunities in Singapore. Continual evaluation of yield accretive investment opportunities in Singapore. Intensive asset and leasing management To ensure high occupancy is maintained and to achieve positive rental reversions. Capital and risk management Conservative capital management. Continued broadening and diversifying of the Trust s funding sources. Geographic focus Continued monitoring of economic and property market trends in readiness for potential future investment opportunities in markets such as China, Australia and Japan. 25
26 Substantial Unitholders 26
27 Substantial Unitholders 31 December 2011 Name of Substantial Unitholder No. of Units ( 000) % AMP Capital Investors Limited 63, Dragon Pacific Assets Limited 52, APG Asset Management 41, Universities Superannuation Scheme Limited 36, George Wang 31,
28 Thank you 28 For enquiries, kindly contact: AIMS AMP Capital Industrial REIT Management Limited Nicholas McGrath Joanne Loh Chief Executive Officer Asst Fund Manager / Investor Relations Tel: Tel: nmcgrath@aimsampcapital.com jloh@aimsampcapital.com
AIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2013: 2 nd Quarter Ended 30 September 2012 Results Presentation 24 October 2012 Important Notice Disclaimer This Presentation is focused on comparing actual results for
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2014: Third Quarter ended 31 December 2013 Results Presentation 29 January 2014 Important notice Disclaimer This Presentation is focused on comparing actual results for
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2016: First Quarter Financial Results Ended 30 June 2015 Results Presentation 29 July 2015 Important notice Disclaimer This Presentation is focused on comparing actual
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2016: Second Quarter Financial Results Ended 30 September 2015 Results Presentation 29 October 2015 Important notice Disclaimer This Presentation is focused on comparing
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2018: First Quarter Financial Results Ended 30 June 2017 Results Presentation 27 July 2017 1 Important notice Disclaimer This Presentation is focused on comparing actual
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2018: Second Quarter Financial Results Ended 30 September 2017 Results Presentation 26 October 2017 1 Important notice Disclaimer This Presentation is focused on comparing
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2019: First Quarter Financial Results Ended 30 June 2018 Results Presentation 26 July 2018 1 Important notice Disclaimer This Presentation is focused on comparing actual
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2017: Fourth Quarter Financial Results Ended 31 March 2017 Results Presentation 27 April 2017 1 Important notice Disclaimer This Presentation is focused on comparing
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT FY2018: Fourth Quarter Financial Results Ended 31 March 2018 Results Presentation 25 April 2018 1 Important notice Disclaimer This Presentation is focused on comparing
More informationAIMS AMP CAPITAL INDUSTRIAL REIT
AIMS AMP CAPITAL INDUSTRIAL REIT 8 th ANNUAL GENERAL MEETING PRESENTATION 27 July 2017 1 Important notice Disclaimer This Presentation is focused on comparing actual results for the financial period from
More information1Q2009 Results. 24 April 2009
Cambridge Industrial Trust 1Q2009 Results 24 April 2009 Presentation Outline 1Q09 Highlights ht 1Q09 Financial Highlights Risk Management Strategy for 2009 2 1Q09 Achievements Occupancy remains high at
More informationAIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED
AIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED As Manager of AIMS AMP Capital Industrial REIT 1 Raffles Place, #21-01 One Raffles Place Singapore 048616 (Constituted in the Republic of Singapore pursuant
More informationCambridge Industrial Trust Presentation on 3Q2007 Results. 30 Oct 2007
Cambridge Industrial Trust Presentation on 3Q2007 Results 30 Oct 2007 References in this presentation Unless otherwise stated, all capitalised terms used shall have the same meaning as in the prospectus
More informationSabana Shari ah Compliant Industrial REIT 3Q 2018 Financial Results Presentation. 26 October 2018
Sabana Shari ah Compliant Industrial REIT 3Q 2018 Financial Results Presentation 26 October 2018 Important Notice Disclaimer This presentation shall be read in conjunction with the financial information
More informationSABANA SHARI AH COMPLIANT INDUSTRIAL REIT
SABANA SHARI AH COMPLIANT INDUSTRIAL REIT 3Q 2017: Third Quarter Ended 30 September 2017 Financial Results Presentation 23 October 2017 Important Notice Disclaimer This presentation shall be read in conjunction
More informationSABANA SHARI AH COMPLIANT INDUSTRIAL REIT
SABANA SHARI AH COMPLIANT INDUSTRIAL REIT 3Q 2016: Third Quarter Ended 30 September 2016 Financial Results Presentation 17 October 2016 Important Notice Disclaimer This presentation shall be read in conjunction
More informationSABANA SHARI AH COMPLIANT INDUSTRIAL REIT
SABANA SHARI AH COMPLIANT INDUSTRIAL REIT 1Q 2015: First Quarter Ended 31 March 2015 Financial Results Presentation 20 April 2015 Important Notice Disclaimer This presentation shall be read in conjunction
More informationOSK DMG ASEAN & Hong Kong Corporate Day June 2012
OSK DMG ASEAN & Hong Kong Corporate Day 26-28 June 2012 2 Important Notice This material shall be read in conjunction with CIT s financial statements for the financial period ended 31 March 2012. The value
More informationSABANA SHARI AH COMPLIANT INDUSTRIAL REIT
SABANA SHARI AH COMPLIANT INDUSTRIAL REIT 1Q 2017: First Quarter Ended 31 March 2017 Financial Results Presentation 9 May 2017 Important Notice Disclaimer This presentation shall be read in conjunction
More informationFY2018 Results Presentation. 22 Jan 2019
FY2018 Results Presentation 22 Jan 2019 Disclaimer This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results
More informationAIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED
AIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED As Manager of AIMS AMP Capital Industrial REIT 1 Raffles Place, #21-01 One Raffles Place Singapore 048616 Media Release AIMS AMP Capital Industrial REIT
More information2Q2014 Financial Results 24 July Creating Value & Delivering Growth
2Q2014 Financial Results 24 July 2014 1 Creating Value & Delivering Growth Important Notice This material shall be read in conjunction with CIT s financial statements for the financial period ended 30
More informationCambridge Industrial Trust. 29 Jan 2008
Cambridge Industrial Trust Full Year 2007 Results 29 Jan 2008 FY2007 Results Presentation Outline FY 2007 Milestones 4Q2007 Financial Results Capital Management Strategy Acquisition Highlights Portfolio
More information26 April ARA-CWT Trust Management (Cache) Limited
1Q 2011 Financial Results 26 April 2011 ARA-CWT Trust Management (Cache) Limited Agenda 1Q 2011 Financial i Results Portfolio Update Going Forward 2 Highlights 1Q 2011 Results Property Income slightly
More information3Q 2012 Presentation Slides. 1 Nov 2012
3Q 2012 Presentation Slides 1 Nov 2012 2 Important Notice This material shall be read in conjunction with CIT s financial statements for the financial period ended 30 Sep 2012. The value of units in CIT
More informationFY2014 Financial Results Presentation
FY2014 Financial Results Presentation 16 January 2015 16 International Business Park Important Notice This material shall be read in conjunction with CIT s results announcements for the financial period
More informationFinancial Results for the Quarter / Year Ended 31 Mar April 2012
Financial Results for the Quarter / Year Ended 31 Mar 2012 19 April 2012 Disclaimer This Presentation is focused on comparing results for the three months ended 31 Mar 2012 versus results achieved in the
More informationInvestor Presentation
Investor Presentation 15 September 2011 Knowing. Believing. Delivering ARA-CWT Trust Management (Cache) Limited Agenda REIT Overview Management Strategy 2Q 2011 Financial Results Portfolio Update Going
More informationCambridge Industrial Trust Financial results for the first quarter ended 31 March April
1 Cambridge Industrial Trust Financial results for the first quarter ended 31 March 2010 21 April 2010 www.cambridgeindustrialtrust.com important notice 2 The value of units in CIT ( Units ) and the income
More information(Constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2006 (as amended))
(Constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2006 (as amended)) ASSET VALUATION Pursuant to Rule 703 of the SGX-ST Listing Manual, ESR Funds Management (S) Limited,
More information3Q2016 Financial Results Presentation 26 October Pioneer Crescent
3Q2016 Financial Results Presentation 26 October 2016 25 Pioneer Crescent Content Executive Summary Real Estate Highlights Financial & Capital Management Highlights Appendix 2 3Q2016 Executive Summary
More information27 January ARA-CWT Trust Management (Cache) Limited
4Q 2010 Financial Results 27 January 2011 ARA-CWT Trust Management (Cache) Limited Agenda 4Q 2010 Financial Results Portfolio Update Going Forward 2 Highlights 4Q 2010 Results Net Property Income of S$14.4m
More informationSABANA SHARI AH COMPLIANT INDUSTRIAL REIT
SABANA SHARI AH COMPLIANT INDUSTRIAL REIT 4Q 2016 and FY 2016: Fourth Quarter and Full Year Ended 31 December 2016 Financial Results Presentation 25 January 2017 Important Notice Disclaimer This presentation
More informationFY2012 Financial Results Presentation
FY2012 Financial Results Presentation 21 January 2013 Knowing. Believing. Delivering ARA-CWT Trust Management (Cache) Limited Agenda Overview & FY12 Key Highlights 4QFY12 & FY12 Full Year Financial Performance
More informationInvestor Presentation August 2017
Investor Presentation August 2017 Important Notice This presentation shall be read in conjunction with Mapletree Industrial Trust s ( MIT ) financial results for First Quarter Financial Year 2017/2018
More informationAIMS AMP Capital Industrial REIT sustains stable DPU of 2.50 cents for 3Q FY2019
AIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED As Manager of AIMS AMP Capital Industrial REIT One George Street, #23-03 Singapore 049145 Media Release AIMS AMP Capital Industrial REIT sustains stable
More information1Q FY2009/10 Financial Results Presentation 17 July 2009
1Q FY2009/10 Financial Results Presentation 17 July 2009 Disclaimers This Presentation is focused on comparing results for the three months ended 30 June 2009 versus actual results year-on-year ( yoy ).
More informationAcquisition of 7000 AMK and the Proposed Equity Fund Raising. 14 December 2017
Acquisition of 7000 AMK and the Proposed Equity Fund Raising 14 December 2017 Contents A Overview B Benefits of the Acquisition C Funding Structure and Financial Impact D Recent Developments E Conclusion
More informationAIMS AMP CAPITAL INDUSTRIAL REIT TRANSFORMATION ANNUAL REPORT SGX Counter Name: AIMSAMPIReit
AIMS AMP CAPITAL INDUSTRIAL REIT TRANSFORMATION ANNUAL REPORT 2010 AIMS AMP CAPITAL INDUSTRIAL REIT TRANSFORMATION ANNUAL REPORT 2010 SGX Counter Name: AIMSAMPIReit TRANSFORMATION AIMS AMP Capital Industrial
More informationFY2015 Financial Results Presentation
FY2015 Financial Results Presentation 14 January 2016 16 International Business Park 2 Content Executive Summary Financial Summary Real Estate Highlights Financial & Capital Management Highlights Appendix
More informationSABANA SHARI AH COMPLIANT INDUSTRIAL REIT. Investor Presentation November 2014
SABANA SHARI AH COMPLIANT INDUSTRIAL REIT Investor Presentation November 2014 Important notice Disclaimer This presentation shall be read in conjunction with the financial information of Sabana Shari ah
More informationSingapore Investor Roadshow
Singapore Investor Roadshow 11 May 2015 16 International Business Park Important Notice This material shall be read in conjunction with CIT s results announcements for the financial period ended 31 December
More informationCiti ASEAN Conference 12 June Tai Seng Street
Citi ASEAN Conference 12 June 2014 1 16 Tai Seng Street Important Notice This material shall be read in conjunction with CIT s financial statements for the financial period ended 31 Mar 2014. The value
More informationNotice of Annual General Meeting
7 th Annual General Meeting 18 July 2017 Important Notice This presentation shall be read in conjunction with Mapletree Industrial Trust s ( MIT ) financial statements for the financial year ended 31 March
More informationEquity Fund Raising and Acquisitions. 21 October 2010
Equity Fund Raising and Acquisitions 21 October 2010 important notice The value of units in CIT ( Units ) and the income derived from them may fall as well as rise. Units are not investments, liabilities
More informationInvestor Presentation March 2016
Investor Presentation March 2016 Important Notice This presentation shall be read in conjunction with Mapletree Industrial Trust s ( MIT ) financial results for Third Quarter Financial Year 2015/2016 in
More informationIntroduction to Cache Logistics Trust
Introduction to Cache Logistics Trust 30 May 2013 Tampines Regional Library Knowing. Believing. Delivering ARA-CWT Trust Management (Cache) Limited Agenda About Cache Logistics Trust 1QFY2013 Financial
More informationCache Logistics Trust 2011 Annual General Meeting
Cache Logistics Trust 2011 Annual General Meeting 18 April 2012 Knowing. Believing. Delivering ARA-CWT Trust Management (Cache) Limited Agenda REIT Overview FY2011 Performance Portfolio Going Forward 2
More informationInvestor Presentation. May 2013
Investor Presentation May 2013 DISCLAIMER This presentation is for information only and does not constitute an offer or solicitation of an offer to subscribe for, acquire, purchase, dispose of or sell
More informationViva Industrial Trust 4Q2017 & FY2017 Results Presentation. 26 January 2018
Viva Industrial Trust 4Q2017 & FY2017 Results Presentation 26 January 2018 1 Important Notice This presentation is for information purposes only and does not constitute or form part of an offer, invitation
More information6 th Annual General Meeting 24 April International Business Park
6 th Annual General Meeting 24 April 2015 16 International Business Park Important Notice This material shall be read in conjunction with CIT s results announcements for the financial period ended 31 December
More information3Q2010 Financial Results. 20 October 2010
3Q2010 Financial Results 20 October 2010 important notice The value of units in CIT ( Units ) and the income derived from them may fall as well as rise. Units are not investments, liabilities or obligations
More informationFinancial Results for the Quarter Ended 31 Dec January 2012
Financial Results for the Quarter Ended 31 Dec 2011 19 January 2012 Disclaimer This Presentation is focused on comparing results for the three months ended 31 Dec 2011 versus results achieved in the three
More informationCIT reports steady 2Q2015 results and improved capital structure
(Constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2006 (as amended)) Press Release CIT reports steady 2Q2015 results and improved capital structure Net property income increased
More informationViva Industrial Trust
Viva Industrial Trust Financial Results for the Period from 4 November 2013 to 31 December 2013 25 February 2014 Important Notice This presentation is for information purposes only and does not constitute
More informationAIMS AMP Capital Industrial REIT announces DPU of 2.50 cents in 1Q FY2019
AIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED As Manager of AIMS AMP Capital Industrial REIT One George Street, #23-03 Singapore 049145 Media Release AIMS AMP Capital Industrial REIT announces DPU
More informationFINANCIAL RESULTS For First Quarter ended 31 March 2015
FINANCIAL RESULTS For First Quarter ended 31 March 2015 AGENDA Q1 Highlights Financial Performance Portfolio Performance AEI Updates Looking Ahead Unit Performance 2 Q1 HIGHLIGHTS Q1 HIGHLIGHTS FINANCIAL
More informationMAPLETREE LOGISTICS TRUST S 4Q FY17/18 DISTRIBUTION PER UNIT RISES 4% TO CENTS
For Immediate Release MAPLETREE LOGISTICS TRUST S 4Q FY17/18 DISTRIBUTION PER UNIT RISES 4% TO 1.937 CENTS Highlights: 4Q FY17/18 amount distributable to Unitholders grew 27% year-on-year to S$59.2 million
More informationSGX REIT & BT SEMINAR Tokyo, 30 June Pioneer Crescent
SGX REIT & BT SEMINAR Tokyo, 30 June 3016 25 Pioneer Crescent Singapore Industrial REITs (S-REITs) 3 Key Features Bond-like listed security ( Dividend Play ) that provides steady income distribution stream
More informationAcquisition of 21 Tai Seng Drive, Singapore Aug 2007
Acquisition of 21 Tai Seng Drive, Singapore 535223 13 Aug 2007 Agenda Details of the property: 21 Tai Seng Drive, Singapore 535223 Impact on MapletreeLog Acquisition is DPU-accretive Tenant concentration
More information1Q FY2013 Financial Results Presentation
1Q FY2013 Financial Results Presentation 24 April 2013 Knowing. Believing. Delivering ARA-CWT Trust Management (Cache) Limited Agenda Key Highlights Financial Performance Capital Management Asset Management
More informationViva Industrial Trust 2Q2018 Results Presentation. 13 August 2018
Viva Industrial Trust 2Q2018 Results Presentation 13 August 2018 1 Important Notice This presentation is for information purposes only and does not constitute or form part of an offer, invitation or solicitation
More informationAcquisition of 76 Pioneer Road, Singapore. 21 January 2008
Acquisition of 76 Pioneer Road, Singapore 21 January 2008 Agenda Details of the property: 76 Pioneer Road, Singapore 639577 Impact on MapletreeLog Acquisitions are DPU-accretive Tenant concentration Asset
More information4QFY2013 and 2HFY2013 Results Presentation. January 2014
4QFY2013 and 2HFY2013 Results Presentation January 2014 1 Disclaimer This presentation should be read in conjunction with the financial statements of Soilbuild Business Space REIT for the period from 1
More informationAcquisition of Wuhan MeiLuoTe Property. 28 February 2018
Acquisition of Wuhan MeiLuoTe Property 28 February 2018 Disclaimer This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance,
More informationFinancial Results for Third Quarter ended 30 September October
Financial Results for Third Quarter ended 30 September 2009 27 October 2009 www.cambridgeindustrialtrust.com 1 Important Notice The value of units in CIT ( Units ) and the income derived from them may
More informationHong Kong Non-Deal Roadshow Hong Kong, 4 March International Business Park
Hong Kong Non-Deal Roadshow Hong Kong, 4 March 2016 16 International Business Park 2 Content CIT FY2015 Results Executive Summary Financial Summary Real Estate Highlights Financial & Capital Management
More informationInvestor Presentation November 2015
Investor Presentation November 2015 Important Notice This presentation shall be read in conjunction with Mapletree Industrial Trust s ( MIT ) financial results for Second Quarter Financial Year 2015/2016
More informationCLSA Asean Forum Bangkok, March International Business Park
CLSA Asean Forum Bangkok, March 2016 16 International Business Park 2 Content Overview of CIT CIT FY2015 Financial Results Overview Financial & Capital Management Highlights Real Estate Highlights Singapore
More informationKeppel REIT. Second Quarter and First Half 2017 Financial Results. 18 July 2017
Keppel REIT Second Quarter and First Half 2017 Financial Results 18 July 2017 Outline Key Highlights for 1H 2017 3 Financial Performance & Capital Management 6 Portfolio Performance 10 Market Updates 14
More informationMAPLETREE LOGISTICS TRUST S 1Q FY17/18 DPU RISES 2% YEAR-ON-YEAR TO CENTS
For Immediate Release MAPLETREE LOGISTICS TRUST S 1Q FY17/18 DPU RISES 2% YEAR-ON-YEAR TO 1.887 CENTS Highlights: Amount distributable to Unitholders grew 2.5% year-on-year to S$47.2 million Stable operations
More informationCAPITALAND MALL TRUST Singapore s First & Largest Retail REIT. First Quarter 2017 Financial Results
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT First Quarter 2017 Financial Results 20 April 2017 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationCAPITALAND MALL TRUST Singapore s First & Largest REIT
Photo Credit: Kwek Swee Seng, Singapore Photo Credit: Kwek Swee Seng, Singapore CAPITALAND MALL TRUST Singapore s First & Largest REIT Proposed Acquisition of Bedok Mall Acquiring All Units in Brilliance
More informationMAPLETREE LOGISTICS TRUST S 3Q FY13/14 DISTRIBUTION PER UNIT RISES 7% YEAR-ON-YEAR
For Immediate Release MAPLETREE LOGISTICS TRUST S 3Q FY13/14 DISTRIBUTION PER UNIT RISES 7% YEAR-ON-YEAR Highlights: Amount Distributable to Unitholders registered 8% year-on-year growth Results underpinned
More informationBalance Sheet Positioned for Future Growth with No Major Refinancing Due Until 2016
(Constituted in the Republic of Singapore pursuant to a trust deed dated 31 March 2006 (as amended)) Press Release Balance Sheet Positioned for Future Growth with No Major Refinancing Due Until 2016 Refinanced
More informationResults for the Second Quarter ended 30 June July 2008
Results for the Second Quarter ended 30 June 2008 18 July 2008 Disclaimer This Presentation is focused on comparing results for the three months ended 30 June 2008 versus results achieved in the three
More informationProperty Being Developed by Ascendas for Infineon Technologies in Kallang Sector
Presentation in relation to the acquisition of Property Being Developed by Ascendas for Infineon Technologies in Kallang Sector 22 September 2003 Agenda The Property Impact on A-REIT Timetable for Completion
More informationRewarding Returns in European Real Estate
Munster Berlin Bonn Darmstadt Rewarding Returns in European Real Estate Munich 28 Nov 2015 Disclaimer This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties.
More informationResults for the Third Quarter ended 30 September October 2008
Results for the Third Quarter ended 30 September 2008 21 October 2008 Disclaimer This Presentation is focused on comparing results for the three months ended 30 September 2008 versus results achieved in
More informationViva Industrial Trust. Extraordinary General Meeting & Scheme Meeting
Viva Industrial Trust Extraordinary General Meeting & Scheme Meeting 31 August 2018 1 Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE
More informationCapitaCommercial Trust 3Q 2004 Results Presentation. 13 October 2004
CapitaCommercial Trust 3Q 2004 Results Presentation 13 October 2004 Disclaimer This presentation is focused on comparing actual results versus forecast stated in the Introductory Document dated 16 March
More informationProposed Merger with Viva Industrial Trust. 29 January 2018
Proposed Merger with Viva Industrial Trust 29 January 2018 1 Important Notice This material shall be read in conjunction with ESR-REIT s results announcements for the financial period ended 31 December
More informationViva Industrial Trust 3Q2014 Financial Results. 21 October 2014
Viva Industrial Trust 3Q2014 Financial Results 21 October 2014 Important Notice This presentation is for information purposes only and does not constitute or form part of an offer, invitation or solicitation
More informationCAPITALAND MALL TRUST Singapore s First & Largest REIT
Photo Credit: Kwek Swee Seng, Singapore CAPITALAND MALL TRUST Singapore s First & Largest REIT 1 Extraordinary General Meeting 10 September 2015 Disclaimer This presentation may contain forward-looking
More informationCAPITALAND MALL TRUST Singapore s First & Largest REIT
Photo Credit: Chun Kwong Leong, Singapore CAPITALAND MALL TRUST Singapore s First & Largest REIT 1Q 2016 Financial Results 15 April 2016 Disclaimer This presentation may contain forward-looking statements
More informationInvestor Presentation for Citi ASEAN Investor Conference. 12 June 2014
Investor Presentation for Citi ASEAN Investor Conference 2 June 204 Important Notice Standard Chartered Securities (Singapore) Pte. Limited, CIMB Bank Berhad, Singapore Branch and Oversea-Chinese Banking
More informationResults for the First Quarter ended 31 March April 2008
Results for the First Quarter ended 31 March 2008 24 April 2008 Disclaimer This Presentation is focused on comparing results for the three months ended 31 March 2008 versus results achieved in the three
More informationRights Issue and Financing Plan for Proposed Acquisition of an Indirect Interest in One Raffles Place. 29 June 2015
Rights Issue and Financing Plan for Proposed Acquisition of an Indirect Interest in One Raffles Place 29 June 2015 Disclaimer This presentation should be read in conjunction with the announcements released
More informationFrasers Commercial Trust 3QFY13 Financial Results. 24 July 2013
Frasers Commercial Trust 3QFY13 Financial Results 24 July 2013 Important notice Certain statements in this Presentation constitute forward-looking statements, including forward-looking financial information.
More informationBUILDING ON OUR STRENGTHS BHG RETAIL REIT FINANCIAL RESULTS FOR THE 2 ND QUARTER AND HALF YEAR ENDED 30 JUNE AUGUST 2018
BUILDING ON OUR STRENGTHS BHG RETAIL REIT FINANCIAL RESULTS FOR THE 2 ND QUARTER AND HALF YEAR ENDED 30 JUNE 2018 8 AUGUST 2018 Disclaimer Certain statements made in this presentation may not be based
More informationAgenda. Key Highlights. Financial Highlights. Portfolio Summary. Economy & Real Estate Review. Looking Ahead
1Q 2017 Results Presentation May 2017 Agenda Key Highlights Financial Highlights Portfolio Summary Economy & Real Estate Review Looking Ahead 2 Key Highlights 1Q 2017 Key Highlights Gross revenue held
More informationFINANCIAL STATEMENTS ANNOUNCEMENT FOR THE FINANCIAL PERIOD ENDED 30 SEPTEMBER 2018 ( 3Q2018 )
FOR THE FINANCIAL PERIOD ENDED 30 SEPTEMBER 2018 ( 3Q2018 ) The Directors of ESR Funds Management (S) Limited ( ESR-FM ), as manager ( Manager ) of ESR- REIT, are pleased to announce the unaudited results
More informationUnless otherwise stated, all capitalized terms used in this announcement shall have the same meaning as in the Prospectus.
Cache Logistics Trust Unaudited Financial Statements & Distribution Announcement for the period from 11 February 2010 (date of constitution) to 31 December 2010 INTRODUCTION Cache Logistics Trust ( Cache
More informationAcquisition of 15 Changi South Street 2, Singapore January 2010
Acquisition of 15 Changi South Street 2, Singapore 486068 22 January 2010 0 0 Agenda Details of the property: 15 Changi South Street 2, Singapore 486068 Impact on MapletreeLog Acquisition is DPU accretive
More informationFinancial Results Presentation 3Q2017
Financial Results Presentation 3Q2017 Contents A 3Q2017 Results B C Financial Performance Prudent Capital Management D Real Estate Highlights E Market Outlook F Appendix 2 3Q2017 Results 3Q2017 At A Glance
More informationFY2017 Annual General Meeting 19 April 2018
FY2017 Annual General Meeting 19 April 2018 Agenda Key Highlights About Tikehau Capital European Market Review Portfolio Overview Financial Highlights Conclusion 2 Key Highlights FY2017 Key Highlights
More informationSGX-REITAS Education Series
SGX-REITAS Education Series 23 February 2016 16 International Business Park 2 Executive Summary Singapore Industrial Real Estate Sector Overview Role of Regulators in the Industrial Sector Overview of
More informationProposed Merger (the Merger ) with Viva Industrial Trust. 18 May 2018
Proposed Merger (the Merger ) with Viva Industrial Trust 18 May 2018 Contents 1 2 3 4 5 6 Transaction Overview Key Benefits of the Merger Approvals Required Indicative Timeline Conclusion Appendix 2 Important
More informationAcquisition of 7 Penjuru Close, Singapore November 2009
Acquisition of 7 Penjuru Close, Singapore 608779 9 November 2009 0 0 Agenda Details of the property: 7 Penjuru Close, Singapore 608779 Impact on MapletreeLog Acquisition is DPU accretive Tenant diversification
More informationESR-REIT Investor Presentation. November 2017
ESR-REIT Investor Presentation November 2017 Contents A Overview of ESR-REIT B Recent Developments C Key Investment Highlights D Appendix 2 Overview of ESR-REIT 3 Pioneer Sector 3 Overview of ESR-REIT
More information