Ascendas REIT - Annual Report 2021

Logistics & Distribution Centres U N I T E D S TAT E S Airworld 1 Lackman Business Center 4 Airworld 2 Levee Continental Can North Topping Crossroads Distribution Center Lackman Business Center 1-3 KANSAS CITY, KANSAS/MISSOURI Property Acquisition/ Completion Date Purchase Price*/ Development Cost (S$ million) Valuation as at 31 December 2021 # (S$ million) Kansas City, Kansas/Missouri 210 Airworld 1 05 Nov 21 16.2 16.5 211 Airworld 2 05 Nov 21 16.3 16.7 212 Continental Can 05 Nov 21 17.7 18.3 213 Crossroads Distribution Center 05 Nov 21 18.7 19.1 214 Lackman Business Center 1-3 05 Nov 21 40.4 41.7 215 Lackman Business Center 4 05 Nov 21 8.8 9.0 216 Levee 05 Nov 21 20.6 21.0 217 North Topping 05 Nov 21 10.4 10.7 218 Quebec 05 Nov 21 26.2 28.9 219 Saline 05 Nov 21 10.2 11.2 220 Warren 05 Nov 21 22.3 22.7 Total (Logistics & Distribution Centres, United States) 207.8 215.8 Notes: * Purchase Price excludes transaction cost associated with the purchase of the property. # The valuation for these properties were based on Capitalisation Approach. Based on exchange rate of US$1.0000: S$1.3533 as at 31 December 2021. + Refers to the gross revenue from acquisition date to 31 December 2021. Includes gross rental income, car park income and other income. Warren 220 216 212 217 213 Saline 219 215 211 Quebec 218 214 210 Ascendas Reit 106