CAPITALAND INTEGRATED COMMERCIAL TRUST

UBS OneASEAN Virtual Conference 2021

18 June 2021

Disclaimer

This presentation may contain forward-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (w ithout limitation) general industry and economic conditions, interest rate trends, cost of capital and capital av ailability, availability of real estate properties, competition from other developments or companies, shifts in customer demands, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee w ages, benefits and training, property operating expenses), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business.

You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management regarding future events. No representation or w arranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither CapitaLand I ntegrated Commercial Trust Management Limited ("Manager") nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherw ise) for any loss howsoever arising, w hether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherw ise arising in connection w ith this presentation.

The past performance of CapitaLand Integrated Commercial Trust ("CICT") is not indicativ e of future performance. The listing of the units in the CI CT ("Units") on the Singapore Exchange Securities Trading Limited (the "SGX-ST") does not guarantee a liquid market for the Units. The v alue of the 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 the Units is subject to investment risks, including the possible loss of the principal amount invested. I nvestors have no right to request that the Manager redeem or purchase their Units w hile the Units are listed on the SGX-ST. I t is intended that holders of Units may only deal in their Units through trading on the SGX-ST.

This presentation is for information only and does not constitute an inv itation or offer to acquire, purchase or subscribe for the Units.

2

Contents

Slide No.

1.

About CICT and Key Market Updates

04

2.

1Q 2021 Business Updates

08

3.

1Q 2021 Financial Performance by Asset

15

4.

Information by Asset Type for 1Q 2021

19

5.

Creating Value

34

6.

Ensuring Sustainability

42

7.

Summary

45

8.

Market Information

47

9.

Additional Information

61

* Any discrepancies in the tables and charts between the listed figures and totals thereof are due to rounding.

3

About CICT and

Key Market Environment Updates

Raffles City Singapore

CapitaLand Integrated Commercial Trust

Largest proxy for Singapore's commercial real estate market

Market Capitalisation

S$13.5 billion(1)

Portfolio Property Value

S$22.3 billion(2)

Total Net Lettable Area

10.4 million sq ft(3)

NAV per Unit

S$2.00(4)

Leading integrated commercial REIT underpinned by

Predominantly Singapore-focused

resilience and growth

Singapore

96%

Retail

Office

Integrated Developments

11

8

5

Portfolio property value(2) by geography

Germany

4%

Notes:

  1. Based on closing price of S$2.09 as at 31 May 2021.
  2. Based on valuations as at 31 December 2020.
  3. Excludes CapitaSpring which is undergoing redevelopment.
  4. As at 31 December 2020 and excludes distributable income. Change in NAV per unit to S$2.00 as at 31 December 2020 from S$2.07as at 31 December 2019 was due to a larger total units

outstanding as a result of the merger and change in valuation of Investment Properties.

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

CapitaLand Integrated Commercial Trust published this content on 18 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2021 15:54:07 UTC.