Ascendas REIT - Annual Report 2021

The Manager’s Review of FY2021 OPERATIONS REVIEW Portfolio Management & Performance Ascendas Reit continues to own a spectrum of business space and industrial properties, comprising business & science park properties, suburban offices and offices; integrated development, amenities & retail properties; high-specifications industrial properties and data centres; light industrial properties and flatted factories; and logistics & distribution centres. As at 31 December 2021, Ascendas Reit had 96 properties (61% by asset value) in Singapore, 34 properties (14% by asset value) in Australia, 41 properties (14% by asset value) in USA and 49 properties (11% by asset value) in the UK/Europe. Total investment properties stood at S$16.3 billion (excluding three properties which were under development as at 31 December 2021). In FY2021, sources of new demand continued to be broad based with industries ranging from IT & Data Centres; Biomedical and Agriculture/Aquaculture; Engineering; Energy, Chemical and Materials; Lifestyle, Retail and Consumer Products; to Logistics & Supply Chain Management and others. Diversified Portfolio by Asset Value (As at 31 December 2021) Sources of New Demand in Singapore by Gross Rental Income (FY2021) IT & Data Centres 25.5% Biomedical and Agriculture/Aquaculture 24.6% Engineering 11.4% Energy, Chemicals and Materials 8.5% Lifestyle, Retail and Consumer Products 7.2% Electronics 5.1% Logistics & Supply Chain Management 5.0% Financial & Professional Services 4.5% Education and Media 4.3% Distributors & Trading Company 3.8% Government and IO/NGOs/NPOs (1) 0.1% (1) International organisations/non-governmental organisations/non-profit organisations Singapore 61% Australia 14% USA 14% UK/Europe 11% By Country Business & Science Park, Suburban Offices, Offices 48% Logistics and Distribution Centres 23% High-Specifications Industrial 10% Data Centres 9% Light Industrial and Flatted Factories 6% Integrated Development, Amenities & Retail 4% By Segment S$16.3 BILLION Ascendas Reit 48