Ascendas REIT - Annual Report 2021

Front Cover Page 1
Contents 3
Overview 8
Highlights of FY2021 8
About Ascendas Reit 9
Financial Highlights 10
Chairman’s Message 12
In Conversation with CEO 15
Ascendas REIT’s Structure 17
Business Model 18
What Ascendas REIT Invests In 21
Sustainability Highlights 22
Significant Events 24
Leadership 26
Board of Directors 26
The Ascendas REIT Team 32
The Asset & Property Managers 34
Performance 35
The Manager’s Review of FY2021 35
Investor Relations 60
Portfolio 64
Ascendas REIT’s Portfolio 64
Business & Science Park Properties (Singapore) 69
Integrated Development, Amenities & Retail Properties (Singapore) 74
High-Specifications Industrial Properties and Data Centres (Singapore) 76
Light Industrial Properties and Flatted Factories (Singapore) 80
Logistics & Distribution Centres (Singapore) 84
Suburban Offices (Australia) 88
Logistics & Distribution Centres (Australia) 90
Data Centres (United Kingdom/Europe) 96
Logistics & Distribution Centres (United Kingdom/Europe) 98
Business Park & Office Properties (United States) 104
Logistics & Distribution Centres (United States) 108
Corporate Directory 110
Governance 112
Corporate Governance 112
Enterprise Risk Management 148
Financial Statements and Other Information 156
Financial Report FY2021 156
Statistics of Unitholdings 260
Additional Information 263
Glossary 265
Appendix 267
Back Cover Page 270
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