Suntec Real Estate Investment Trust : UBS OneASEAN Conference 2022

SUNTEC REIT

BUSINESS

UPDATES

For Quarter ended 31 March 2022

UBS OneASEAN Conference 2022

8 June 2022

03

Agenda

1Q 22 Highlights

04

1Q 22 Operational Highlights

05

Financial Highlights

14

Capital Management

17

Singapore Office Portfolio Performance

25

Australia Portfolio Performance

28

UK Portfolio Performance

31

Singapore Retail Portfolio Performance

40

Suntec Convention Performance

43

Our Focus

Suntec City Office, Singapore

1Q 22 Highlights

Distributable Income	Distribution Per Unit
to Unitholders	to Unitholders

S$68.7 million	2.391 cents
+18.2% y-o-y	+16.9% y-o-y

Distribution Income	DPU from
from Operations	Operations
S$62.9 million	2.191 cents
+8.3% y-o-y	+7.1% y-o-y
Capital Distribution	DPU from Capital
S$5.8 million	0.200 cents

Capital Management

S$500 million

Sustainability-linked

loan secured in

Apr '22

Completed re-financing requirements

for 2022

Sustainability

Green Mark

Platinum Award

for Suntec City Office Towers

3

1Q 22 Operational Highlights

Portfolio Committed Occupancy

96.7%95.2%

Overall Office Portfolio

Overall Retail Portfolio

Work Done	Office Portfolio
238,300 sq ft	Retail Portfolio

Portfolio WALE

4.7

2.2

Overall Office Portfolio Overall Retail Portfolio

56.3%43.7%

53.3%46.7%

	Renewal Leases		New Leases

4

Suntec City

MBFC Properties

One Raffles Quay

Olderfleet, 477 Collins Street

Financial

Highlights

The Minster Building

177 Pacific Highway

55 Currie Street

Nova Properties

21 Harris Street

Southgate Complex