Investor Presentaiton
Our COVID-19 Response
Update and commentary
FRASERS
LOGISTICS & COMMERCIAL
TRUST
The REIT Manager is working closely with FLCT's customers to overcome this challenging period together while focusing on managing any near- to mid-term
downside risk from the pandemic
◆ The COVID-19 impact on FLCT's distributable income in 1HFY21 is approximately S$1.2 million, comprising mainly rental waivers and allowance for doubtful
receivables attributable to the Covid-19 pandemic, which has not been material for the REIT
The REIT Manager will continue to monitor the situation closely, support our tenants and exercise prudence
Australia
Singapore
Europe & UK
FLCT
Limited
impact on the
◆ Minimal impact arising from
recent COVID-19 measures
industrial and commercial
properties
Expects near- to mid-term
impact on
the retail
components of the Australian
portfolio
◆ Expects near- to mid-term
impact on the
retail
components of the Singapore
portfolio
impact on
the
Limited
German and Dutch industrial
portfolio amid ongoing
lockdowns in Europe
◆ For the UK, the
'Stay at Home'
lockdown
nation's
national
ended on 29
March; progressive easing of
lockdown by phases since 12
April, including re-opening of
non-essential retail(1)
No material impact to the FLCT portfolio
to-date with only the retail segment of the
commercial portfolio, which represents
just 1.6% (2) of FLCT's overall income,
being more challenged
Structural changes driven by the growth
of e-commerce activities and 'hub-and-
spoke' trend are expected to drive
demand for logistics and suburban office
spaces, respectively
FLCT's resilient portfolio, strong balance
sheet and financial flexibility well-
positions the REIT to face the current
challenging global environment
Note: Unless otherwise stated, the portfolio metrics in this presentation includes the five properties in Germany and the UK acquired by FLCT on 4 June 2021, and the property in the Netherlands to be acquired by
FLCT. For details, please refer to the related announcements on 24 May 2021 and 4 June 2021.
1. Guidance, National lockdown: Stay at Home, 4 January 2021. 2. Based on GRI, being the contracted rental income and estimated recoverable outgoings for the month of March 2021. Excludes straight lining rental
adjustments and include committed leases.
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