1Q 2023 Business Updates

11 May 2023

Anchoring Foundations

Staying Resilient

Content

  • 1Q 2023 Updates
  • Capital Management
  • Looking Forward

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : 1Q 2023 BUSINESS UPDATES

2

Anchoring Foundations. Staying Resilient.

1Q 2023 Updates

Photo of Beijing Wanliu

Portfolio Overview

MULTI-TENANTED

Beijing Dalian

Xining

Chengdu Hefei

Multi-tenanted

Master-leased

Beijing Wanliu

Hefei Mengchenglu

MASTER-LEASED

Chengdu Konggang

Hefei Changjiangxilu

Xining Huayuan

Dalian Jinsanjiao

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : 1Q 2023 BUSINESS UPDATES

4

Portfolio Occupancy Increased 0.9% Quarter-on-Quarter1

6

4,703.0

179,615

%

5.4 Years

96.1

Weighted Ave.

Properties

(RMB million)

Net Lettable Area

Committed

Valuation2

(NLA) sqm

Occupancy Rate

Lease Expiry by NLA

Beijing

Chengdu

Hefei

Hefei

Xining

Dalian

Wanliu

Konggang

Mengchenglu

Changjiangxilu

Huayuan

Jinsanjiao

Valuation2

2,527.03

667.0

587.0

483.0

274.0

165.0

(RMB million)

NLA (sqm)

52,253

39,155

25,087

26,968

20,807

15,345

Committed

96.3%

96.8%

91.7%

93.7%

100.0%

100.0%

Occupancy Rate

WALE (NLA) years

3.6

3.2

2.9

3.8

11.8

11.8

  1. Portfolio occupancy rate increased 0.9% from 95.2% as at 31 December 2022 to 96.1% as at 31 March 2023.
  2. Based on independent valuation from Colliers International (Hong Kong) Limited as at 31 December 2022.
  3. Based on 100% interest of Beijing Wanliu. Valuation of Beijing Wanliu based on 60% interest amounted to RMB 1,516.2 million.

Multi-tenanted

Master-leased

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : 1Q 2023 BUSINESS UPDATES

5

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Disclaimer

BHG Retail REIT published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2023 09:46:03 UTC.