Ascendas REIT - Annual Report 2021

CUSTOMERS’ INDUSTRY MIX AS AT 31 DECEMBER 2021 By Gross Rental Income Logistics & Supply Chain Management 41.4% Engineering 22.2% Distributors & Trading Company 10.6% Retail 9.0% Food 7.5% Electronics 4.7% e-Commerce 3.8% IO/NGOs/NPOs 0.8% Property Acquisition/ Completion Date Purchase Price*/ Development Cost (S$ million) Valuation as at 31 December 2021^^ # (S$ million) East England 142 Market Garden Road 16 Aug 18 37.5 44.2 Total (Logistics & Distribution Centres, East England) 37.5 44.2 East Midlands 143 Common Road 16 Aug 18 54.4 38.0 144 Units 1-5, Export Drive 16 Aug 18 3.0 3.2 Total (Logistics & Distribution Centres, East Midlands) 57.4 41.2 North West England 145 Astmoor Road 16 Aug 18 52.4 48.7 146 Transpennine 200 ## 16 Aug 18 15.3 10.9 147 Leacroft Road 04 Oct 18 12.5 15.7 148 Hawleys Lane 04 Oct 18 43.5 41.8 149 8 Leacroft Road 04 Oct 18 9.5 13.1 Total (Logistics & Distribution Centres, North West England) 133.2 130.2 South East England 150 Howard House 16 Aug 18 56.7 56.5 151 Units 1-2, Tower Lane 16 Aug 18 20.0 22.0 152 Lodge Road^ 04 Oct 18 21.0 25.1 Total (Logistics & Distribution Centres, South East England) 97.7 103.6 Logistics & Distribution Centres U N I T E D K I N G D OM / E U R O P E Notes: * Purchase Price excludes transaction cost associated with the purchase of the property. ^ Purchase Price includes outstanding incentives reimbursed by the vendor. ^^ The valuation for these properties were based on Capitalisation Approach. Valuation amount excludes rental guarantee and/or outstanding incentives (if any) reimbursed by the vendor. # Based on exchange rate of £1.0000: S$1.8153 as at 31 December 2021. ## As at 31 December 2021, these properties recorded a depreciation on revaluation against their corresponding £ values as at 31 December 2020 due to changing market conditions and/or shorter unexpired lease term. + Includes gross rental income, car park income and other income. Ascendas Reit 98