Trust Management (Suntec) Limited

Press Release

Manager of

2 August 2018

Suntec REIT Receives Platinum Award - Retail & Office Hybrid REIT (Singapore)

for the Second Successive Year

Singapore, 2 August 2018 - ARA Trust Management (Suntec) Limited, the manager of Suntec Real Estate Investment Trust ("Suntec REIT", and the "Manager"), is pleased to announce that Suntec REIT was awarded the Platinum Award - Retail & Office Hybrid REIT (Singapore) for the second year running at the Asia Pacific Best of the Breeds REITs AwardsTM 2018 which was held in conjunction with the 5th REITs Asia Pacific 2018 Conference.

The Asia Pacific Best of the Breeds REITs AwardsTM recognizes companies and managers with the highest standards and performance in the Asia Pacific REITs sector. The winners were evaluated based on the judging criteria of financial performance, market performance, corporate governance, quality of underlying assets, quality of REIT manager, adequacy of risk management policies and methodology as well as long term sustainability of performance.

Mr. Chan Kong Leong, Chief Executive Officer of the Manager, said, "We are pleased to have received the Platinum Award - Retail & Office Hybrid REIT (Singapore) for the second consecutive year. I would like to thank the organizer and selection committee for honoring us once again with the award. This is a recognition of our team's dedication in creating value for our unitholders."

"We are committed to deliver Suntec REIT's track record of stable sustainable return to our unitholders."

-END-

1

ABOUT SUNTEC REIT

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping mall), a 60.8% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall, and a 30.0% interest in 9 Penang Road. Suntec REIT holds a 100% interest in a commercial building located at 177

Pacific Highway, Sydney, a 50.0% interest in Southgate Complex, Melbourne, and a 50.0% interest in a commercial building to be developed which is located at Olderfleet 477 Collins Street, Melbourne, Australia. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec)

Limited. For more details, please visitwww.suntecreit.com.

ABOUT ARA ASSET MANAGEMENT LIMITED

Suntec REIT is managed by ARA Trust Management (Suntec) Limited, a wholly-owned subsidiary of ARA Asset Management Limited ("ARA"). ARA is a premier global integrated real assets fund manager. As at 1 June 2018, the Gross Assets Managed by ARA Group1 and its Associates is approximately S$77.2 billion across 62 cities in 20 countries.

Driven by a vision to be the best-in-class real assets fund management company, ARA Group and its Associates' businesses include:

  • (a) REITs - ARA is one of the largest REIT managers in Asia. The Group directly manages Fortune REIT, dual-listed in Singapore and Hong Kong; Suntec REIT and Cache Logistics Trust, listed in Singapore; and Hui Xian REIT and Prosperity REIT, listed in Hong Kong. It also indirectly manages REITs in Japan and Australia through its associate companies.

  • (b) Private real estate funds - The Group manages private funds providing investment opportunities in diverse real estate sectors and geographies that cater to different investor risk appetites.

  • (c) Infrastructure - ARA Infrastructure was established in 2018 to cater to strong investor demand for global infrastructure investment in line with the increasing opportunities in this asset class.

  • (d) Country desks - ARA operates country desks in China, Korea, Japan, Malaysia, Australia and Europe. The country desks employ a strong understanding of each local market to facilitate the flow of inbound and outbound capital and cross-country collaborations. In Korea, ARA manages six private REITs; In Japan, ARA holds a strategic stake in Kenedix, Inc. with approximately S$25 billion in assets under management ("AUM"); In Europe, ARA's platform is extended through its strategic partnership with Australia-based Cromwell Property Group which has approximately S$11 billion in AUM, of which S$5 billion is in Europe.

  • (e) Real estate management services - As part of the Group's investor-operator philosophy, its dedicated property management teams actively work the ground to manage its assets around the world.

Its multi-platform, multi-product global fund management strategy, combined with its dedicated teams with in-depth local knowledge enables the Group to offer enduring value to its investors. Built on a foundation of strong corporate governance and business integrity, ARA counts some of the world's largest pension funds, sovereign wealth funds, financial institutions, endowments and family offices as its investors.

1 ARA Asset Management Holdings Pte. Ltd. and the Group of companies

IMPORTANT NOTICE

This announcement is for information purposes only and does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or acquire, units in Suntec REIT (the "Units") in any jurisdiction in which such an offer or solicitation is unlawful.

The value of Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. The past performance of Suntec REIT is not necessarily indicative of the future performance of Suntec REIT.

Contacts

ARA Trust Management (Suntec) Limited

Tel: +65 6835 9232

Chan Kong Leong

Ng Ee San

Melissa Chow

Chief Executive Officer

Director, Finance

Manager, Investor Relations

kongleongchan@ara.com.hk

eesanng@ara.com.hk

melissachow@ara.com.hk

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Disclaimer

Suntec Real Estate Investment Trust published this content on 02 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 August 2018 10:43:01 UTC