MANAGER’S REPORT
PORTFOLIO MANAGEMENT & PERFORMANCE
A-REIT continues to own a spectrum of business space and
industrial properties, comprising Business & Science Park
properties, Integrated Development, Amenities & Retail
properties, High-Specifications Industrial properties & Data
Centres, Light Industrial properties & Flatted Factories and
Logistics & Distribution Centres.
As at 31 March 2016, A-REIT has 103 properties in
Singapore, 27 properties in Australia and 3 properties in
China. These properties serve the spatial requirements of
various segments of the economy. In FY15/16, sources of
new demand continued to be broad based ranging from
conventional space requirements of transport and storage,
information technology and electronics to higher value and
knowledge intensive industries such as biomedical, financial
services and research & development.
Only about 10.1% of A-REIT’s lettable area is involved in
conventional manufacturing activities. The remaining space
caters to non-manufacturing activities such as research and
development, backroom offices, telecommunications & data
centres, software and media consultancy services as well as
transport & storage.
Well Diversified Portfolio by Asset Value (as at 31 March 2016)
Sources of New Demand in FY15/16 by Net Lettable Area
Low Exposure to Conventional Manufacturing by
Net Lettable Area (as at 31 March 2016)
Business Park
Science Park
High-Specifications Industrial
Logistics Distribution Centres
Logistics and Distribution Centres Australia
Integrated Development, Amenities & Retail
Light Industrial
Data Centres
Flatted Factories
A-REIT Beijing
A-REIT Shanghai
18%
16%
15%
14%
11%
7%
7%
5%
3%
2%
2%
Business
Park
Integrated
Development,
Amenities &
Retail
Light
Industrial
Logistics &
Distribution
Centres
(Singapore)
Logistics and
Distribution
Centres
(Australia)
Science
Park
High-
Specifications
Industrial
90.1%
78.7%
67.9%
70.3%
80.4%
32.1%
29.7%
19.6%
69.9%
21.3%
30.1%
90.7%
9.9%
9.3%
34%
17%
16%
9%
8%
4%
4%
2%
2%
1%
1%
1%
1%
Transport and Storage
Electronics
Others
Food Products & Beverages
IT
Biomedical
Telecommunication & Data Centre
Precision Engineering
Financial Service
Lifestyle and Services
Research & Development
General Manufacturing
Structural Engineering
10.1%
89.9%
Manufacturing
Area
Non-manufacturing
Area
Multi-tenant Buildings
Sale & Leaseback
.40
A-REIT ANNUAL REPORT
2015/2016
