Lippo Malls Indonesia Retail Trust 2Q 2015 Results Presentation
|
|
- Dustin Gardner
- 6 years ago
- Views:
Transcription
1 Lippo Malls Indonesia Retail Trust 2Q 2015 Results Presentation 5 August 2015
2 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These forward-looking statements reflect our current views with respect to future events and financial performance and are subject to certain risks and uncertainties, which could cause actual results to differ materially from historical results or those anticipated. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in the Indonesian retail industry including those factors which may affect our ability to attract and retain suitable tenants, our ability to manage our operations, reduced demand for retail spaces, our ability to successfully complete and integrate potential acquisitions, liability for damages on our property portfolios, the success of the retail malls and retail spaces we currently own, withdrawal of tax incentives, political instability, and legal restrictions on raising capital or acquiring real property in Indonesia. In addition to the foregoing factors, a description of certain other risks and uncertainties which could cause actual results to differ materially can be found in the section captioned "Risk Factors" in our preliminary prospectus lodged with the Monetary Authority of Singapore on 19 October Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events. We undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
3 Key Highlights of 1H 2015 Results 1H 2015 Results YTD Gross Rental Income increased by 25.3% in IDR term 1H 2015 DPU is SGD 1.52 cents, which represents an annualized yield of 8.3% Financial Position First-time Issuer Rating of Baa3 with a Stable rating outlook from Moody s Investor Service Weighted Average Maturity of debt facilities was 1.94 years 1 Outstanding debt was S$695 million as at 30 June 2015 Economic and Retail Landscape Indonesia's FDI increased by 14.0% YoY to IDR 82.1 trillion in 1Q Bank Indonesia expects Indonesia s economy to grow 4.7% in 2015 The Indonesian Retail Sales Index rose to 179.7, indicating a 19.8% YoY growth for the month of May Portfolio Update Overall occupancy of 94.4% as at 30 June 2015 New and renewed leases of approximately 25,115 square meters during 2Q 2015 Average rental reversion was 11.4% during 2Q 2015 Notes: 1. As at 30 Jun Indonesia Investment Coordination Board Q Press Release 3. Bank Indonesia Retail Sales Survey
4 Performance Summary for 2Q 2015 Value of AUM (IDR billion) 18,000 16,000 3,641 14,000 12,000 2,749 2,878 2,933 10,000 2,769 2,653 2,507 2,446 8,000 1,268 1,371 1,470 1,613 1,680 6,000 4,000 2,000 6,368 6,527 6,897 6,575 6, IPO Malls SUN Plaza PV and PMF PS, PSX, Tamini, KJI, PJV, BSM LMK 350, , , , , ,000 50,000 0 Gross Rent (IDR million) 333, ,111 Q Q NPI (IDR million) DPU (SGD cents) 400, , , , , , , , ,000 50, Q Q Q Q2 2015
5 Financial Results COPY FOR ASTRA INTERNATIONAL 5 5
6 2Q 2015 Financial Results P&L (in IDR) 2Q 2015 (IDR million) 2Q 2014 (IDR million) Variance Gross Rent 333, , % Rental Guarantee Income - 3, % Other Income 7,968 7, % Net Parking Income 50,774 24,190 NM Rental of Electrical, Mechanical, and Mall Operating Equipment 14,420 6,465 NM Total Revenue 406, , % Property Management Fee (9,135) (8,267) -10.5% Property Management Expenses (16,322) (10,462) -56.0% Total Property Operating Expenses (25,457) (18,729) -35.9% Net Property Income 380, , %
7 2Q 2015 Financial Results P&L (in S$) 2Q 2015 (S$ 000) 2Q 2014 (S$ 000) Variance Gross Rent 34,149 28, % Rental Guarantee Income % Other Income % Net Parking Income 5,211 2, % Rental of Electrical, Mechanical, and Mall Operating Equipment 1, NM Total Revenue 41,654 33, % Property Management Fee (937) (893) -4.9% Property Management Expenses (1,668) (1,190) -40.2% Total Property Operating Expenses (2,605) (2,083) -25.1% Net Property Income 39,049 31, % Distributable Income 19,875 16, % Distribution Per Unit (cents) ¹ % Annualized Distribution Yield ² 8.3% Notes: 1. Based on billion units in issue as at 30 June Based on a closing price of S$0.365 as at 30 June 2015.
8 2Q 2015 Financial Results Balance Sheet (in S$) 30 June 2015 S$ million 31 December 2014 S$ million 1 2 Non Current Assets 1, ,845.9 Current Assets Total Debt Other Liabilities Net Assets 1, ,149.7 Net Asset Value S$ 0.39 S$ 0.42 Total Units In Issue 2, ,701.8 Gearing Ratio 35.0% 31.2% Notes:, 1. Included in the Non Current Assets are the Investment properties of S$ 1,718.3 million. The carrying values of the properties are stated based on the independent valuation as at 31 December 2014 and adjusted for property enhancements to date. The valuations and property enhancements figures are recorded in the financial statements of the Indonesian subsidiaries in Indonesian Rupiah and translated into Singapore Dollars using the exchange rate as at end of the period. 2. Included in the Non current Assets are the Investment properties of S$1,806.9 million. The carrying values of the properties are stated based on the independent valuation as at 31 December 2014 in the financial statements of the Indonesian subsidiaries in IDR and translated into SGD using the exchange rate as at the end of the period.
9 Distribution Details 1 April June 2015 Total DPU 0.73 cents - Tax-Exempt 0.50 cents - Capital 0.23 cents Books Closure Date 18 August 2015 Tentative Distribution Payment Date 31 August 2015 Since listing in Nov 2007, LMIR Trust has maintained a payout policy of 100% of distributable income
10 Portfolio Performance COPY FOR ASTRA INTERNATIONAL 10 10
11 Diversified Trade Mix As at 30 June 2015 Trade Sector Breakdown by Rental Income 1.4% Department Store (Retail Spaces) 2.4% 6.4% 11.6% Department Store (Retail Malls) Fashion Books & Stationary Hobbies 10.0% Education / School 19.5% Supermarket / Hypermarket Other Sports & Fitness Toys Leisure & Entertainment 1.5% 1.2% 4.1% 3.6% 0.4% 1.5% 8.4% 9.3% 16.1% 1.2% 0.6% 0.8% Electronic / IT Gifts & Specialty Jewelry F & B / Food Court Home Furnishing Services Optic
12 Diversified Trade Mix As at 30 June 2015 Trade Sector Breakdown by NLA 0.8% 3.3% 4.1% 12.3% Department Store (Retail Spaces) Department Store (Retail Malls) 10.0% Fashion Books & Stationary 0.5% 0.5% 4.1% 7.2% 0.5% 1.8% 15.3% 8.3% Hobbies Education / School Supermarket / Hypermarket Other Sports & Fitness Toys Leisure & Entertainment Electronic / IT Gifts & Specialty Jewelry F & B / Food Court 12.6% 1.8% Home Furnishing 15.5% 0.3% 1.1% Services Optic
13 Top 10 Tenants By Gross Rental Income As at 30 June 2015, includes retail space Gramedia Centro Solaria Cinema XXI Fitness First Ace Hardware Electronic Solution 0.4% 0.5% 0.5% 0.5% 0.5% 0.5% 0.7% Carrefour 2.7% Hypermart 7.2% Matahari Department Store 9.3% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% Top 10 tenants contribute approximately 22.8% of LMIRT Retail Mall Portfolio s Gross Rental Income
14 Lease Expiry Profile As at 30 June 2015 Weighted Average Lease Expiry (by NLA) as at 30 Jun 2015: 4.89 years 40% 38% 35% 30% 25% 25% 20% 15% 10% 8% 9% 10% 5% 0% & Beyond LMIRT s portfolio lease terms represent a balanced mix of long-term anchor leases and shorter-term leases for non-anchor tenants, providing both stability and growth potential.
15 Debt Maturity Profile As at 30 June 2015 Weighted Average Maturity of Debt Facilities as at June 2015: 1.94 years Notes: 1 S$ 200 million 4.88% fixed rate note (EMTN Program) due July 2015 (All in cost of debt: 5.2%)* 2 S$ 150 million 4.25% fixed rate note (EMTN Program) due October 2016 (All in cost of debt: 4.6%) 3 S$ 50 million 5.875% fixed rate note (EMTN Program) due July 2017 (All in cost of debt: 6.5%) 4 S$ 75 million 4.48% fixed rate note (EMTN Program) due November 2017 (All in cost of debt: 5.0%) 5 S$ 145 million 5.57% p.a. (after taking into account interest rate swap contracts) term loan due December S$ 75 million 4.1% fixed rate note (EMTN Program) due June 2020 (All in cost of debt: 4.3%) *refinanced on 3 July
16 Rental Reversion Trend As at 30 June ,000 45,000 45, % 65.0% 40, % 35,000 30,000 25,000 30,606 26,542 22,072 24,764 25, % 35.0% 20,000 15,000 10,000 5,000 6, % 11,257 10,117 9, % 8.7% 8.0% 16,238 16, % 17,650 13,598 11, % 10.8% 12.4% 8.9% 15.5% 19, % 15,168 16, % 9.4% 10.1% 11.6% 10.8% 9.5% 11.4% 25.0% 15.0% 5.0% 0 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 4Q 12 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 4Q 14 1Q 15 2Q % Renewal & New Leases NLA Rental Reversion Rate
17 Our Value Proposition 2Q2015 Net Property Income of S$39.0 million 2Q2015 Distributable Income of S$19.9 million 2Q2015 DPU of 0.73 cents contributes to 1H 2015 annualized DPU yield of 8.3% Portfolio occupancy rate stood at 94.4%, remained higher than the industry average As at 30 June 2015, LMIRT s outstanding debt was S$695 million. Clarity of growth in a fragmented retail market with a visible pipeline of Sponsor and 3 rd party malls Indonesia's domestic demand driven economy remained resilient in the face of global uncertainty
Lippo Malls Indonesia Retail Trust 3Q 2015 Results Presentation
Lippo Malls Indonesia Retail Trust 3Q 2015 Results Presentation 5 November 2015 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements,
More informationFull Year 2010 Results Presentation 16 February 2011
Full Year 2010 Results Presentation 16 February 2011 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of
More information3rd Quarter 2010 Results Presentation 4 November 2010
3rd Quarter 2010 Results Presentation 4 November 2010 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of
More information1Q 2011 Results Presentation 28 April 2011
1Q 2011 Results Presentation 28 April 2011 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and
More informationLippo Malls Indonesia Retail Trust. Annual General Meeting 18 April 2018
Lippo Malls Indonesia Retail Trust Annual General Meeting 18 April 2018 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve
More informationDisclaimer. publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results
More informationProposed Acquisition: Lippo Plaza Jogja
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results
More information2 nd Annual General Meeting. 19 April 2011
2 nd Annual General Meeting 19 April 2011 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties
More informationFull Year 2009 Results Presentation
Singapore s First Indonesia Retail REIT February 2010 Full Year 2009 Results Presentation Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements,
More informationLMIR TRUST 1Q2012 GROSS REVENUE UP 39.0% TO S$45.6 MILLION
LMIRT MANAGEMENT LTD 1Q2012 RESULTS NEWS RELEASE LMIR TRUST 1Q2012 GROSS REVENUE UP 39.0% TO S$45.6 MILLION - Distributable Income Up 18.5% to S$15.0 million - Full quarter contributions from two newly
More informationLippo Malls Indonesia Retail Trust ( LMIRT )
Lippo Malls Indonesia Retail Trust ( LMIRT ) Extraordinary General Meeting Presentation 20th October 2011 Important Notice This presentation should be read in conjunction with the announcement dated 30
More informationItem No. Description Page No. - Introduction 2. - Summary of Lippo Malls Indonesia Retail Trust Group Results 2. 1 (a) (i) Statement of Total Return 3
TABLE OF CONTENTS Item No. Description Page No. - Introduction 2 - Summary of Lippo Malls Indonesia Retail Trust Results 2 1 (a) (i) Statement of Total Return 3 1 (a) (ii) Statement of Distribution 3 1
More informationItem No. Description Page No. - Introduction 2. - Summary of Lippo Malls Indonesia Retail Trust Group Results 2. 1 (a) (i) Statement of Total Return 3
TABLE OF CONTENTS Item No. Description Page No. - Introduction 2 - Summary of Lippo Malls Indonesia Retail Trust Results 2 1 (a) (i) Statement of Total Return 3 1 (a) (ii) Statement of Distribution 3 1
More informationLIPPO MALLS INDONESIA RETAIL TRUST 2015 FIRST QUARTER UNAUDITED FINANCIAL STATEMENTS AND DISTRIBUTION ANNOUNCEMENT
TABLE OF CONTENTS Item No. Description Page No. - Introduction 2 - Summary of Lippo Malls Indonesia Retail Trust Results 2 1 (a) (i) Statement of Total Return 3 1 (a) (ii) Statement of Distribution 3 1
More informationLMIR TRUST REPORTS 27% INCREASE IN Q3 FY2008 GROSS REVENUE TO S$26.6 MILLION. Change % Gross Revenue* 26,550 20,979 27%
NEWS RELEASE LMIR TRUST REPORTS 27% INCREASE IN Q3 FY2008 GROSS REVENUE TO S$26.6 MILLION - Distributable Income of S$17.0 Million for Q3 FY2008 is 11% Above Forecast Summary of LMIR Trust s Q3 FY2008
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: 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 informationCiti-REITAS-SGX C-Suite Singapore REITs and Sponsors Forum
Citi-REITAS-SGX C-Suite Singapore REITs and Sponsors Forum 23 August 2018 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement for 2Q
More informationCORRIGENDUM TO ANNUAL REPORT 2016
(Constituted in the Republic of Singapore pursuant to a trust deed dated 8 August 2007 (as amended)) CORRIGENDUM TO ANNUAL REPORT 2016 LMIRT Management Ltd., as manager of Lippo Malls Indonesia Retail
More informationCAPITALAND MALL TRUST
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT First Quarter 2018 Financial Results 20 April 2018 1 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationFinancial Results for 4 th Quarter and Year Ended 31 December January 2019
Financial Results for 4 th Quarter and Year Ended 31 December 2018 30 January 2019 Important Notice This presentation should be read in conjunction with the announcements released by OUE Commercial REIT
More informationCAPITAMALLS MALAYSIA TRUST (CMMT)
CAPITAMALLS MALAYSIA TRUST (CMMT) Malaysia s Largest Pure-Play Shopping Mall REIT Asian Investment Conference & Exhibition, Singapore AICE 23 2011 July *23 July 2011 2011* Disclaimer The information in
More informationFinancial Results for 3 rd Quarter 2016
Financial Results for 3 rd Quarter 2016 1 November 2016 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement for 3Q 2016 dated 1 November
More informationMapletree Commercial Trust s Distribution Per Unit for Full Year Up 4.9% to 9.04 Singapore Cents
For Immediate Release Mapletree Commercial Trust s Distribution Per Unit for Full Year Up 4.9% to 9.04 Singapore Cents Gross revenue and net property income ( NPI ) for 4Q FY17/18 grew 1.3% and 1.2% respectively
More informationPresentation for REITs Symposium 2017
Presentation for REITs Symposium 2017 27 May 2017 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement for 1Q 2017 dated 5 May 2017.
More informationREITs Symposium May 2018
REITs Symposium 2018 19 May 2018 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement for 1Q 2018 dated 10 May 2018. This presentation
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 Commercial Trust
Mapletree Commercial Trust 3Q FY16/17 Financial Results 25 January 2017 1 Important Notice This presentation is for information only and does not constitute an offer or solicitation of an offer to sell
More informationFinancial Results for 3 rd Quarter November 2017
Financial Results for 3 rd Quarter 2017 2 November 2017 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement for 3Q 2017 dated 2 November
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 informationCAPITALAND MALL TRUST
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT First Half 2018 Financial Results 20 July 2018 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationMapletree Commercial Trust
Mapletree Commercial Trust 4Q & FY17/18 Financial Results 24 April 2018 1 Important Notice This presentation is for information only and does not constitute an offer or solicitation of an offer to sell
More informationLIPPO MALLS INDONESIA RETAIL TRUST
Quality createsvalue LIPPO MALLS INDONESIA RETAIL TRUST Annual Report 2014 Our Vision Lippo Malls Indonesia Retail Trust ( LMIR Trust ) aims to be one of the premier retail REITs in Asia, creating and
More informationFinancial Results for the 6 Months ended June July Results Overview Capital Management Portfolio Performance AEIs Strategy
Financial Results for the 6 Months ended June 2018 27 July 2018 Results Overview Capital Management Portfolio Performance AEIs Strategy 1H2018 Results Overview HK$ M 1H 2018 1H 2017 YoY Change Excluding
More informationMapletree Commercial Trust
Mapletree Commercial Trust 1Q FY17/18 Financial Results 27 July 2017 1 Important Notice This presentation is for information only and does not constitute an offer or solicitation of an offer to sell or
More informationFinancial Results for 4 th Quarter 2017 and Year Ended 31 December 2017
Financial Results for 4 th Quarter 2017 and Year Ended 31 December 2017 31 January 2018 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement
More informationCAPITALAND MALL TRUST Singapore s First & Largest Retail REIT. First Half 2017 Financial Results
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT First Half 2017 Financial Results 21 July 2017 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationInvestor Presentation for Tokyo Non-Deal Roadshow. 25 August 2016
Investor Presentation for Tokyo Non-Deal Roadshow 25 August 2016 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement for 1Q 2016 dated
More informationHigh portfolio occupancy rate of 98.9% Healthy rental reversion Distribution per Unit held steady at 1.35 cents for the quarter
BHG Retail REIT 2Q 2017 Gross Revenue up 3.2% year-on-year Net Property Income 5.7% higher year-on-year 1H 2017 Annualised Distribution Yield of 7.47% 2 High portfolio occupancy rate of 98.9% Healthy rental
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 informationSasseur REIT Results Presentation Third Quarter 2018
Sasseur REIT Results Presentation Third Quarter 2018 12 November 2018 Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN OR THE PEOPLE S REPUBLIC OF CHINA.
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 First Half 2015 Financial Results 22 July 2015 Disclaimer This presentation
More informationResults Slide 3. Balance sheet Slide 8. Operational performance Slide 11. Growth strategy and market outlook Slide 16
1Q FY18 Financial Results 5 January 2018 Disclaimer This presentation is for information only and does not constitute an invitation or offer to a c q u i r e, p u r c h a s e or s u b s c r i b e f o r
More informationK-REIT Asia s Distributable Income for First Half 2012 (1H 2012) Grew by 94.6% Year-on-Year
PRESS RELEASE K-REIT Asia Unaudited Results for the Second Quarter and Half Year Ended 30 June 2012 16 July 2012 The Directors of K-REIT Asia Management Limited, as manager of K-REIT Asia, announce the
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 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 informationSGX - DBS Vickers - REITAS SREITS Corporate Day Investor Presentation
SGX - DBS Vickers - REITAS SREITS Corporate Day Investor Presentation 27 Feb 1 Mar 2018 Important Notice This presentation shall be read in conjunction with OUE Commercial REIT s Financial Results announcement
More informationMapletree Greater China Commercial Trust. Financial Results for the Period from 1 April 2015 to 30 June 2015
Mapletree Greater China Commercial Trust Financial Results for the Period from 1 April 2015 to 30 June 2015 Disclaimer This presentation is for information only and does not constitute an invitation or
More informationCAPITALAND MALL TRUST
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT Third Quarter 2018 Financial Results 25 October 2018 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationOUE C-REIT s FY2015 Distribution 22.2% Higher YoY, 4Q 2015 DPU Exceeded Circular Forecast by 20.4%
PRESS RELEASE For Immediate Release OUE C-REIT s FY2015 Distribution 22.2% Higher YoY, 4Q 2015 DPU Exceeded Circular Forecast by 20.4% Key Highlights: 4Q 2015 distribution per unit ( DPU ) exceeded Circular
More informationMapletree Commercial Trust
Mapletree Commercial Trust 2Q & 1H FY18/19 Financial Results 24 October 2018 0 Important Notice This presentation is for information only and does not constitute an offer or solicitation of an offer to
More informationFirst REIT s 2Q DPU edges up to 2.15 cents
FOR IMMEDIATE RELEASE First REIT s 2Q DPU edges up to 2.15 cents SINGAPORE 17 July 2018 Bowsprit Capital Corporation Limited ( Bowsprit ), the Manager of First Real Estate Investment Trust ( First REIT
More information1Q FY19 Financial Results
1Q FY19 Financial Results 4 January 2019 Disclaimer This presentation is for information only and does not constitute an invitation or offer to a c q u i r e, p u r c h a s e or s u b s c r i b e f o r
More information2Q FY16. Financial Results
2Q FY16 Financial Results 4 April 2016 Disclaimer This presentation is for information only and does not constitute an invitation or offer to a c q u i r e, p u r c h a s e or s u b s c r i b e f o r u
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 informationMapletree Commercial Trust
Mapletree Commercial Trust 3Q FY17/18 Financial Results 24 January 2018 1 Important Notice This presentation is for information only and does not constitute an offer or solicitation of an offer to sell
More informationCapitaLand Retail China Trust Singapore s First Listed China Shopping Mall REIT
CapitaLand Retail China Trust Singapore s First Listed China Shopping Mall REIT Annual General Meeting 25 April 2018 0 Annual General Meeting 2018 *25 April 2018* Disclaimer This presentation may contain
More informationMacquarie ASEAN Conference. 26 Aug 2014
Macquarie ASEAN Conference 26 Aug 2014 Important Notice Standard Chartered Securities (Singapore) Pte. Limited, CIMB Bank Berhad, Singapore Branch and Oversea-Chinese Banking Corporation Limited were the
More informationMapletree Commercial Trust s Distribution Per Unit for 2Q FY17/18 Up 9.3% to 2.24 Singapore Cents
For Immediate Release Mapletree Commercial Trust s Distribution Per Unit for 2Q FY17/18 Up 9.3% to 2.24 Singapore Cents Gross revenue and net property income ( NPI ) for 2Q FY17/18 grew 21.7% and 23.4%
More information2Q FY18 Financial Results 6 April 2018
2Q FY18 Financial Results 6 April 2018 Disclaimer This presentation is for information only and does not constitute an invitation or offer to a c q u i r e, p u r c h a s e or s u b s c r i b e f o r u
More informationMapletree Commercial Trust
Mapletree Commercial Trust 1Q FY18/19 Financial Results 26 July 2018 1 Important Notice This presentation is for information only and does not constitute an offer or solicitation of an offer to sell or
More informationMapletree Commercial Trust s 3Q FY18/19 Net Property Income Grew 2.2% Year-on-Year Distribution Per Unit Up 1.3% to 2.
For Immediate Release Mapletree Commercial Trust s 3Q FY18/19 Net Property Income Grew 2.2% Year-on-Year Distribution Per Unit Up 1.3% to 2.33 Singapore Cents Gross revenue and net property income ( NPI
More informationMGCCT Achieves Stable DPU of cents for 1Q FY17/18
For Immediate Release MGCCT Achieves Stable DPU of 1.851 cents for 1Q FY17/18 Gross revenue and net property income ( NPI ) for 1Q FY17/18 grew 4.6% and 3.7% respectively compared to 1Q FY16/17 1Q FY17/18
More informationCAPITALAND MALL TRUST
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT Full Year 2018 Financial Results 23 January 2019 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationCAPITALAND MALL TRUST Singapore s First & Largest Retail REIT. Third Quarter 2017 Financial Results
CAPITALAND MALL TRUST Singapore s First & Largest Retail REIT Third Quarter 2017 Financial Results 20 October 2017 Disclaimer This presentation may contain forward-looking statements that involve assumptions,
More informationFrasers Centrepoint Trust
Frasers Centrepoint Trust 1 st Quarter FY11 results 24 January 2011 Important notice 2 Certain statements in this Presentation constitute forwardlooking statements, including forwardlooking financial information.
More informationFY2016. Financial Results
FY2016 Financial Results 6 October 2016 Disclaimer This presentation is for information only and does not constitute an invitation or offer to a c q u i r e, p u r c h a s e or s u b s c r i b e f o r
More informationThird Quarter Results for Financial Year Ending 31 March Thursday, 15 January 2004
Third Quarter Results for Year Ending 31 March 2004 Thursday, 15 January 2004 This Presentation is focused on comparing actual results versus forecasts outlined in the A-REIT Prospectus of 5 November 2002.
More informationCAPITAMALL TRUST Singapore s First & Largest REIT First Half 2010 Financial Results 22 July 2010
CAPITAMALL TRUST Singapore s First & Largest REIT First Half 2010 Financial Results 22 July 2010 Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties.
More informationMapletree Commercial Trust Results Announcement. For the period 27 April 2011 to 30 June 2011
Mapletree Commercial Trust Results Announcement For the period 27 April 2011 to 30 June 2011 Disclaimer This presentation is for information only and does not constitute an invitation or offer to acquire,
More informationVariance (%) Distribution Period 1 July 2018 to 30 September 2018
PRESS RELEASE OUE H-Trust reports DPS of 1.28 cents for 3Q2018 Crowne Plaza Changi Airport continues to demonstrate progressive improvements with 6.3% y-o-y increase in RevPAR to S$187 Achieved high occupancy
More informationTable of Contents. Item No. Description Page
Unaudited Financial Statements Announcement for the Fourth Quarter 2014 and the Financial Period from 10 October 2013 (Date of Constitution) to 31 December 2014 Table of Contents Item No. Description Page
More informationMapletree Greater China Commercial Trust. Financial Results for the Period from 1 April 2016 to 31 December 2016
Mapletree Greater China Commercial Trust Financial Results for the Period from 1 April 2016 to 31 December 2016 Disclaimer This presentation shall be read in conjunction with Mapletree Greater China Commercial
More informationThe Directors of Keppel REIT Management Limited, as manager of Keppel REIT, are pleased to announce the
MEDIA RELEASE Unaudited Results of Keppel REIT for the Quarter Ended 31 March 2013 15 April 2013 The Directors of Keppel REIT Management Limited, as manager of Keppel REIT, are pleased to announce the
More informationMapletree Commercial Trust s Income Available for Distribution for 2Q FY16/17 grew 25.4% year-on-year to S$53.7 million
For Immediate Release Mapletree Commercial Trust s Income Available for Distribution for 2Q FY16/17 grew 25.4% year-on-year to S$53.7 million Gross revenue and net property income ( NPI ) for 2Q FY16/17
More informationMNACT s DPU for 3Q FY18/19 was 3.2% higher than 3Q FY17/18
For Immediate Release MNACT s DPU for Q FY8/9 was.% higher than Q FY7/8 Highlights Driven by acquisition of Japan Properties and higher contribution from existing properties 89% of expiring/expired leases
More informationMapletree Commercial Trust s Distribution Per Unit for YTD FY17/18 Up 6.4% to 6.77 Singapore Cents
For Immediate Release Mapletree Commercial Trust s Distribution Per Unit for YTD FY17/18 Up 6.4% to 6.77 Singapore Cents Gross revenue and net property income ( NPI ) for 3Q FY17/18 grew 0.8% and 1.9%
More informationCPN Retail Growth Leasehold Property Fund
CPN Retail Growth Leasehold Property Fund 4 th Quarter 2011 and Full Year 2011 Financial Results 21 th March 2011 Important Notice The information contained in this presentation is for information purposes
More informationACQUISITION OF PLAZA SINGAPURA
ACQUISITION OF PLAZA SINGAPURA Extraordinary General Meeting 8 July 2004 Insert pic of Plaza Sing Important Notice This material or our presentation is for informational purposes only and should be read
More informationK-REIT Asia Unaudited Results for the Second Quarter and Half Year Ended 30 June 2011
PRESS RELEASE K-REIT Asia Unaudited Results for the Second Quarter and Half Year Ended 30 June 2011 18 July 2011 The Directors of K-REIT Asia Management Limited, as manager of K-REIT Asia, announce the
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 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 informationMapletree Commercial Trust s Distribution Per Unit for 1Q FY17/18 Rose 9.9% to 2.23 Singapore Cents
For Immediate Release Mapletree Commercial Trust s Distribution Per Unit for 1Q FY17/18 Rose 9.9% to 2.23 Singapore Cents Gross revenue and net property income ( NPI ) for 1Q FY17/18 grew 46.9% and 49.6%
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 information24 January Singapore Malaysia China Australia Japan
Potential acquisition of the Plaza Arcade in Perth Singapore Malaysia China Australia Japan 1 Investment highlights Attractive yield and DPU accretive Prime location Expands SG REIT s existing footprint
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 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 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 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 informationOUE C-REIT Achieved Distribution of S$17.8 million in 3Q 2017, 3.2% Higher YoY
PRESS RELEASE For Immediate Release OUE C-REIT Achieved Distribution of S$17.8 million in 3Q 2017, 3.2% Higher YoY Key Highlights: 3Q 2017 amount available for distribution of S$17.8 million increased
More informationCRCT s Distribution Per Unit for Second Quarter Exceeds Forecast 2 by 10.4% 3
News Release 30 July 2008 For Immediate Release CRCT s Distribution Per Unit for Second Quarter 2008 1 Exceeds Forecast 2 by 10.4% 3 Portfolio achieves year-on-year 4 Net Property Income Growth of 34.0%
More informationCAPITAMALL TRUST Singapore s First & Largest REIT
Photo Credit: Kwek Swee Seng, Singapore Photo Credit: Kwek Swee Seng, Singapore CAPITAMALL TRUST Singapore s First & Largest REIT 1Q 2014 Financial Results 23 April 2014 Disclaimer This presentation may
More informationOUE C-REIT Achieved Higher YoY Distribution of S$17.8 million in 2Q 2017
PRESS RELEASE For Immediate Release OUE C-REIT Achieved Higher YoY Distribution of S$17.8 million in 2Q 2017 Key Highlights: 2Q 2017 amount available for distribution of S$17.8 million increased 0.6% year-on-year
More informationMGCCT Achieves Stable DPU of cents for 1H FY17/18
For Immediate Release MGCCT Achieves Stable DPU of 3.714 cents for 1H FY17/18 1H FY17/18 Available Distribution per Unit ( DPU ) 1 was 3.714 cents, 2.9% higher compared to 1H FY16/17 81.3% of FY17/18 expired/expiring
More informationgrowth and inorganic growth through yield accretive acquisitions from our Sponsor and third parties.
PRESS RELEASE OUE H-Trust reports DPS of 1.17 cents for 2Q2018 Crowne Plaza Changi Airport s operating performance has progressively improved with RevPAR increasing 10.5% Higher occupancy of 97.4% at Mandarin
More informationMapletree Commercial Trust s Distribution per Unit for 1Q FY15/16 1 rose 3.1% year-on-year
For Immediate Release Mapletree Commercial Trust s Distribution per Unit for 1Q FY15/16 1 rose 3.1% year-on-year Distribution per Unit ( DPU ) for 1Q FY15/16 up 3.1%, to 2.01 cents Property Operating Expenses
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 informationMapletree Commercial Trust Delivers Stable Returns
For Immediate Release Mapletree Commercial Trust Delivers Stable Returns Distribution per Unit ( DPU ) for 3Q FY15/16 1 at 2.08 cents, bringing DPU for Year-To-Date ( YTD ) FY15/16 2 to 6.11 cents, up
More informationEC WORLD REIT Reports 2.6% Higher DPU for FY2018; Proposes Entry into New Master Lease Agreements to Significantly Lengthen Lease Expiry Profile
NEWS RELEASE EC WORLD REIT Reports 2.6% Higher DPU for FY2018; Proposes Entry into New Master Lease Agreements to Significantly Lengthen Lease Expiry Profile 2.6% year-on-year ( y-o-y ) increase in DPU
More informationCAPITAMALL TRUST Singapore s First & Largest REIT Full Year 2013 Financial Results
Photo Credit: Kwek Swee Seng, Singapore Photo Credit: Kwek Swee Seng, Singapore CAPITAMALL TRUST Singapore s First & Largest REIT Full Year 2013 Financial Results 22 January 2014 Disclaimer This presentation
More information