SUNTEC REIT

1H 2021 FINANCIAL RESULTS

Citi-SGX-REITAS REITS and Sponsors Forum 2021

26 August 2021

Agenda

03

1H 21 Highlights

04

Financial Highlights

12

Divestments & Acquisition Updates

21

Capital Management

24

Singapore Office Portfolio Performance

31

Singapore Retail Portfolio Performance

37

Australia & UK Portfolio Performance

40

Looking Ahead

2

1H 21 Highlights

DISTRIBUTABLE INCOME FROM OPERATIONS

S$118.2 million, +14.6% y-o-y

DISTRIBUTION PER UNIT TO UNITHOLDERS

4.154 cents, +26.1% y-o-y

DIVESTMENTS

9 Penang Road - S$295.5 mil, NPI Yield 3.3%

Suntec City Office Strata Units - S$197.0 mil, NPI Yield 3.1%

ACQUISITION

The Minster Building, City of London - £353.0 mil, NPI Yield 4.5%

DPU Accretion of 3.6% & NAV Accretion of 0.7%

3

FINANCIAL HIGHLIGHTS

1H 21 Financial Performance

Gross Revenue

Net Property Income

JV Income

11.6%

149.4

166.8

1H 20

1H 21

23.9%

112.6

90.9

1H 20

1H 21

31.7%

60.4

45.8

1H 20

1H 21

5

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Suntec Real Estate Investment Trust published this content on 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2021 08:20:08 UTC.