BHG RETAIL REIT

INVESTIVAL BY THE EDGE

28 SEPTEMBER 2021

ANCHORING FOUNDATIONS. STAYING RESILIENT.

CORPORATE PRESENTATION

Content

  • Overview
  • 1H 2021 Key Highlights
  • Investment Overview
  • China's Retail & Consumer Trends
  • Looking Forward

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : CORPORATE PRESENTATION 2

Brief Introduction

MULTI-TENANTED

Listed on SGX Mainboard on the 11 December 2015

Singapore's First Pure-Play China

Retail REIT Established

By A China-Based Group

("Beijing Hualian Group")

Investment Mandate

Income-producing real estate used primarily for retail purposes, with an initial focus on China.

Beijing Wanliu

Hefei Mengchenglu

Chengdu Konggang

Hefei Changjiangxilu

Dalian

Beijing

Xining

Chengdu Hefei

Multi-tenanted

Master-leased

1. Based on independent valuation from Knight Frank Petty Limited as at 31 December 2020.

Number of Properties

6

Valuation

of AUM1

4.7

RMB billion

MASTER-LEASED

Dalian Jinsanjiao

Xining Huayuan

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : CORPORATE PRESENTATION 3

The Big Picture: Our Value Proposition

Strategy

  • One-stopdestination malls
  • High Density Residential Neighbourhoods (Recurring Visitor- ships)
  • Rising Chinese
    Residents' income
    + Consumption upgrade

Quality

  • Track Record of Healthy occupancy rate and rental growth.
  • Capital Management
  • Financially Strong & Committed Sponsor Group
    • Retail Conglomerate
    • Networks

Growth

  • Hefei Changjiangxilu Acquisition
    (April 2019)
    • 6% NPI Yield
    • NAV per Unit & DPU accretive
  • Visible & Substantial Sponsor Pipeline
  • Continual Asset Enhancements

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : CORPORATE PRESENTATION 4

1H 2021 Key Highlights

Delivering Commendable Results

RESILIENT

COMMENDABLE 1H 2021

PROACTIVE CAPITAL

PORTFOLIO

FINANCIAL PERFORMANCE

MANAGEMENT

▪ Portfolio occupancy of 93.0%

▪ Gross revenue up 23.5%

▪ Healthy gearing of 34.9%

▪ Healthy retention rate and

year-on-year

▪ Substantial debt headroom

rental growth.

▪ Distribution per Unit1 up

▪ About 50% of total loans

▪ Long WALE and staggered

25.8% year-on-year

hedged via interest rate

lease expiries

swaps.

ANCHORING FOUNDATIONS. STAYING RESILIENT.

BHG RETAIL REIT : CORPORATE PRESENTATION 5

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BHG Retail REIT published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 00:51:07 UTC.