February 2017
GLP - Leading Global Provider of Modern Logistics FacilitiesNAV breakdown1
Fund manager, developer and owner-operator of modern logistics facilities and solutions
Own and operate a US$38 billion global portfolio of 54 million sqm (570 million sq ft)
US$38 billion fund management platform is a key area of growth going forward
US$26 billion invested; US$12 billion of uncalled capital will drive further growth of fund fees
GLP is a SGX-listed company (stock code: MC0.SI) with a market capitalization of US$8 billion2; GIC is the largest single investor in GLP
Corporate 3%
Brazil 7%
China 57%
Japan 25%
US 8%
GLP Park Suzhou
China
GLP Tokyo II Japan
GLP San Francisco Bay Area California, USA
GLP Park Colgate & Elog
Brazil
Note:
Pro-forma NAV assuming GLP's ~10% equity stake in GLP US Income Partners III
As of 10 February 2016 2
China
Presence in 38 cities
27.7m sqm total area
16.5m sqm completed
11.2m sqm development pipeline
11.7m sqm land reserves
United States of America
Presence in 32 key markets
16.1m sqm total and completed area2
Fast-growing logistics market supported by domestic consumption growth
Limited supply of modern logistics facilities
Japan
90% in Tokyo and Osaka
6.2m sqm total area
4.6m sqm completed
1.6m sqm development pipeline
Demand outstripping supply
5 consecutive years of positive net absorption
Well-established logistics industry
Scarcity of modern logistics facilities
Brazil
91% in São Paulo and Rio de Janeiro
Development Completions
FY17 Target (100%)
FY17 Target (GLP Share)
% of Portfolio1
China
US$1.2bn
US$590m
12%
Japan
US$265m
US$195m
3%
Brazil
US$50m
US$20m
3%
Total
US$1.5bn
US$805m
8%
3.6m sqm total area
2.7m sqm completed
0.9m sqm development pipeline
Companies shifting from owning warehouses to leasing amid continued efforts to improve supply chain efficiency
Note:
Based on GLP's completed portfolio in the respective countries as of 31 December 2016
3
GLP Business ModelUS$38 billion fund management platform
3Q FY17 fund fees: US$45 million1
Enhances GLP's returns by 300-500 bps
FY17 development completions:
~US$800 million (GLP share)
Development margin upon stabilization: 25%
FUND MANAGEMENTGLP partners with world class investors to grow its network. Its fund management platform enhances returns while enabling GLP to grow faster.
"NETWORK EFFECT"
DEVELOPMENTGLP builds to meet market demand and serve customers' needs. It generates significant value through development.
Lease ratio: 92%
Customer retention ratio: 73%
Domestic consumption: ~90% of overall portfolio
GLP owns and manages modern logistics facilities. Operations is the foundation of its business model.
Note:
1. Does not include performance fees
4
Global Logistic Properties Limited published this content on 14 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 February 2017 09:43:12 UTC.
Original documenthttp://media.corporate-ir.net/media_files/IROL/24/240724/2017-2-14-February-Investor-Presentation.pdf
Public permalinkhttp://www.publicnow.com/view/CA57F3A160AC28BA70C16F04B0FDD336C8255A20