Investor Presentaiton
Current Structure of DHLT
REIT Trustee
HSBC Institutional Trust
Services (Singapore) Limited
Singapore
Japan
Unitholders
(including Sponsor which holds c.12.83%) (1)
Acts on
behalf of the
Unitholders
O
Daiwa House
Logistics Trust
Through the Singapore SPCS, DHLT
holds the TBI interests of the
properties through the tokutei mokuteki
kaisha ("TMK") structure and the
tokumei kumiai - godo kaisha ("TK-
-GK") investment structure
The TMK and TK-GK structures are
two typical tax-efficient investment
structures adopted by foreign investors
for investing in Japanese properties
Holds properties
Singapore SPCS
TMK/TK-GK
Property Trustee
in trust for
TMK / TK-GK
Sumitomo Mitsui Trust Bank,
16 Properties
in Japan
Limited
(1) As at 29 November 2023, including Units held by the Manager.
Daiwa HouseⓇ
Provides REIT
Management
Services
REIT Manager
Daiwa House Asset
Management Asia Pte. Ltd.
Provides Asset
Management
Services
Japan Asset Manager
Daiwa House Real Estate
Investment Management Co., Ltd.
Provides Property
Management
Services
Property Manager
Daiwa House Property
Management Co., Ltd.
Sponsor-owned Entities
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