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Investor Presentaiton

Business Park Rental Reversion in FY 20211 Investment Property Ascendas Xinsu Portfolio Ascendas Innovation Towers From 1 Jan to 31 Dec 2021 No. of new leases/renewals Area (sq m) % of Total Net Lettable Area Var. over last rental rate 2,3 138 94,998 27.2% 5.1% Ascendas Innovation Hub 22 29 16,661 17.4% 12.3% 24 14,600 40.2% 2.7% Singapore-Hangzhou Science Technology Park Phase I 84 38,763 38.2% 6.7% Singapore-Hangzhou Science Technology Park Phase II 24 14,906 11.8% 18.3% Business Park Portfolio 299 179,928 25.4% 7.0% The rental reversion recognition of the various business parks project begin in the month of acquisition completion with the exception of the Singapore-Hangzhou Science & Technology Park Phase I and II. The Singapore-Hangzhou Science & Technology Park Phase I and II projects were completed on 18 June 2021 but the rental reversion were recognized from the month of March 2021. The rental reversion recognition of Ascendas Xinsu Portfolio, Ascendas Innovation Towers and Ascendas Innovation Hub in the months of January 2021, February 2021 and February 2021 respectively. Notes: 1. 2. Excludes gross turnover component, newly created units leased, short term renewals (< 1 year) and units vacant for>=1 year. 3. Includes re-configured units. CapitaLand China Trust Financial Results for FY 2021 54 5.4
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