Ascendas REIT - Annual Report 2021

Business Park & Office Properties U N I T E D S TAT E S 10020 Pacific Mesa Boulevard 15051 Avenue of Science 15073 Avenue of Science 15231, 15253 & 15333 Avenue of Science 15378 Avenue of Science 15435 & 15445 Innovation Drive 5005 & 5010 Wateridge 6055 Lusk Boulevard 510 Townsend Street SAN DIEGO, CALIFORNIA SAN FRANCISCO, CALIFORNIA CUSTOMERS’ INDUSTRY MIX AS AT 31 DECEMBER 2021 By Gross Rental Income Information & Communications Technology 41.9% Biomedical Sciences 20.5% Media 12.6% Financial Services 7.3% Engineering 5.3% Energy/Utilities 2.3% Professional Services 2.2% Electronics 1.9% Real Estate 1.6% Textile and Garments 1.6% Government 1.1% Distributors and Trading Company 0.5% Education 0.3% IO/NGOs/NPOs 0.2% Chemical 0.2% Natural Resources 0.2% Food 0.2% FMCG 0.1% Business Park & Office Properties (United States) Multi-tenant Buildings Single-tenant Buildings Total No. of Properties 21 9 30 No. of Customers 111 9 120 GFA (sq m) 244,933 106,016 350,949 Gross Revenue (S$ million) 87.9 77.5 165.4 Book Value/Valuation as at 31 December 2021 (S$ million) 933.2 1,132.5 2,065.7 Capitalisation Rate as at 31 December 2021 (%) 5.9% Weighted Average Lease to Expiry (in Years) 4.6 505 Brannan Street 208 203 209 204 207 202 206 201 205 200 Annual Report 2021 103