Suntec Real Estate Investment Trust : Financial Results For the Half Year ended 30 June 2022

SUNTEC REIT

FINANCIAL

RESULTS

For the Half Year ended 30 June 2022

27 July 2022

03

Agenda

1H 22 Highlights

04

1H 22 Operational Highlights

05

Financial Highlights

15

Capital Management

18

Singapore Office Portfolio Performance

26

Australia Portfolio Performance

29

UK Portfolio Performance

32

Singapore Retail Portfolio Performance

43

Suntec Convention Performance

46

Our Focus

Suntec City Office, Singapore

1H 22 Financial Highlights

Distributable Income	Distribution Per Unit
to Unitholders	to Unitholders

S$138.1 million	4.810 cents
+16.8% y-o-y	+15.8% y-o-y

Distribution Income	DPU from
from Operations	Operations
S$126.6 million	4.410 cents
+7.1% y-o-y	+6.2% y-o-y
Capital Distribution	DPU from Capital
S$11.5 million	0.400 cents

Capital Management

S$500 million

Sustainability-linked

loan secured in

Apr '22

Re-financing requirements for FY 22

completed

Assets Under Management

S$12.1 billion

Valuation remained stable

as at 30 Jun 22

3

1H 22 Operational Highlights

Portfolio Committed Occupancy

Portfolio WALE

97.0%	95.3%	4.5
				2.3
Office Portfolio	Retail Portfolio		Office Portfolio	Retail Portfolio

Work Done

494,800 sq ft for 1H 22

Office Portfolio	64%	36%
Retail Portfolio	70%	30%
			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