Ascendas REIT - Annual Report 2021

Logistics & Distribution Centres AU S T R A L I A CUSTOMERS’ INDUSTRY MIX AS AT 31 DECEMBER 2021 By Gross Rental Income Logistics & Supply Chain Management 35.5% Distributors & Trading Company 24.7% Food 10.4% Textile & Garments 8.1% Retail 7.1% Biomedical Sciences 6.5% Engineering 3.2% Government 1.2% Professional Services 1.1% Agriculture 1.1% Electronics 0.6% Information & Communications Technology 0.4% Hospitality & Leisure 0.1% Property Acquisition/ Completion Date Purchase Price*^/ Development Cost (S$ million) Valuation as at 31 December 2021^^ # (S$ million) Brisbane, Queensland 102 62 Sandstone Place ## 23 Oct 15 22.8 20.6 103 92 Sandstone Place 23 Oct 15 28.6 19.2 104 95 Gilmore Road 23 Oct 15 76.8 85.5 105 77 Logistics Place 18 Nov 15 28.4 25.9 106 99 Radius Drive 18 Nov 15 29.0 27.8 107 1-7 Wayne Goss Drive** 07 Sep 18 30.8 33.8 108 Cargo Business Park** 17 Sep 18 33.9 35.3 Total (Logistics & Distribution Centres, Brisbane) 250.3 248.1 Notes: * Purchase Price excludes transaction cost associated with the purchase of the property. ** Purchase Price includes rental guarantee provided by the vendor. ^ Purchase Price includes outstanding incentives reimbursed by the vendor, except for 1 - 7 Wayne Goss Drive. ^^ The valuation for these properties were based on Capitalisation Approach and Discounted Cash FlowAnalysis.. Valuation amount excludes rental guarantee and/or outstanding incentives (if any) reimbursed by the vendor. ++ Includes gross rental income, car park income and other income. # Based on exchange rate of A$1.0000: S$0.9942 as at 31 December 2021. ## As at 31 December 2021, these properties recorded a depreciation on revaluation against their corresponding A$ values as at 31 December 2020 due to changing market conditions. Ascendas Reit 90