Trust Management (Suntec) Limited

Press Release

Manager of

15 October 2021

Suntec REIT Awarded Highest Accolade of

Global Sector Leader for Office-Listed Category

Singapore, 15 October 2021 - Suntec Real Estate Investment Trust (Suntec REIT) is pleased to announce that in recognition of its sustainability leadership in 2021, it has been awarded the GRESB highest accolade of Global Sector Leader for the Office-Listed category. In addition, Suntec REIT has achieved the status of Overall Regional Sector Leader for the Office (Asia) category and Regional Sector Leader for the Office-Listed (Asia) category. Suntec REIT has also retained the highest GRESB 5 Star rating.

Established in 2009, GRESB is one of the leading Environmental, Social and Governance (ESG) benchmarks for real estate and infrastructure investments globally. At present, the GRESB's ESG Benchmark covers US$6.4 trillion of assets under management. Each year, the GRESB Sector Leader Awards recognises the best performers (by sector, region and nature of ownership) amongst real estate and infrastructure companies, funds and assets.

The GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments, and are aligned with international reporting frameworks, goals and emerging regulations.

1

Mr. Chong Kee Hiong, Chief Executive Officer of the Manager, said, "We are honoured to have won the prestigious accolade of Global Sector Leader for the Office-Listed category and ranked top in Asia (Office) in our second year of participation. The result is a recognition of Suntec REIT's commitments towards sustainability practices, the positive impact made to the community and the environment as well as our investment in people. As the risks of climate change become more pronounced, we will continue to prioritise ESG considerations in our business strategies and operations and play our part in the transition to a more sustainable industry while delivering long-term value to Suntec REIT unitholders."

-END-

2

ABOUT SUNTEC REIT

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall. Suntec REIT holds a 100% interest in a commercial building located at 177 Pacific Highway, Sydney, a 100% interest in a commercial building located at 21 Harris Street, Pyrmont, Sydney, a 50.0% interest in Southgate Complex, Melbourne, a 50.0% interest in a commercial building located at Olderfleet 477 Collins Street, Melbourne and a 100% interest in a commercial building located at 55 Currie Street, Adelaide, Australia. Suntec REIT also holds a 50.0% interest in Nova Properties and a 100% interest in The Minster Building both located in London, United Kingdom. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited. For more details, please visit www.suntecreit.com.

ABOUT ARA TRUST MANAGEMENT (SUNTEC) LIMITED

Suntec REIT is managed by ARA Trust Management (Suntec) Limited, a wholly-owned subsidiary of ARA Asset Management Limited ("ARA").

ARA is the largest real assets manager in Asia Pacific with US$95 billion1 in gross assets under management by the Group and its associates. ARA Group operates a global platform with a focus on APAC, managing public and private investment funds that invest across traditional and New Economy real estate assets spanning office, logistics, retail, residential, hospitality, and data centers, as well as private real estate credit and infrastructure. ARA's vertically integrated business includes development and value-add asset management capabilities, an in-house capital raising team, and property management expertise in local markets where ARA invests and manages assets. With a resolute focus on creating sustainable value, ARA manages funds on behalf of many of the world's largest pension funds, sovereign wealth funds and financial institutions.For more information, please visit http://www.ara- group.com.

1 Includes assets under management by ARA Asset Management Limited and the Group of companies ("ARA Group") and its Associates as at 30 June 2021, adjusted for LOGOS' acquisition of Moorebank Logistics Park announced on 5 July 2021.

3

IMPORTANT NOTICE

This announcement is for information purposes only and does not constitute or form part of any offer or

invitation to sell or issue, or any solicitation of any offer to subscribe for or acquire, units in Suntec REIT (the "Units") in any jurisdiction in which such an offer or solicitation is unlawful.

The value of 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 Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. The past performance of Suntec REIT is not necessarily indicative of the future performance of Suntec REIT.

Contacts

ARA Trust Management (Suntec) Limited

Tel: +65 6835 9232

Melissa Chow

Manager, Investor Relations melissachow@ara-group.com

4

Attachments

  • Original document
  • Permalink

Disclaimer

Suntec Real Estate Investment Trust published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 02:11:00 UTC.