FY22 Financial Highlights slide image

FY22 Financial Highlights

Strong industrial and logistics leasing conditions Continued robust occupier demand High occupancy with quality tenant profile . Australian portfolio is fully occupied Europe portfolio metrics affected by higher vacancy at the Gaggenau, Germany asset, which has been ear-marked for redevelopment Realised strong leasing activity 1 • ~463,000 sqm of renewals and new leases in Australia ~336,000 sqm of renewals and new leases in Europe Macro Drivers and Industry Trends GDP growth is expected to slow due to continuous supply chain disruptions, energy shortages, rising cost of debt and geopolitical uncertainties8 All new projects have been certified using third party and relevant green building programs since FY21 and 80% of owned and managed assets will be certified by FY24 Strong occupier demand and lack of modern spec warehouses continue to drive rental growth⁹ Australia Portfolio Metrics² FY22 FY21 Change S$5.7 b AUM5,6 AOR³ 100.0% 100.0% WALE4 4.8 years 5.3 years 9.4% FRASERS PROPERTY Europe Portfolio Metrics 2 S$3.1 b AOR³ FY22 97.8% FY21 98.0% Change AUM5,7 WALE4 5.9 years 6.2 years 0.2 pp 4.8% Increasing pressure from investors and occupiers opting for green building certifications 10 Intel Engineering, 4Ten Epping, Victoria Australia 1. Includes lease renewals and new leases for industrial and logistic properties in Australia, Germany, the Netherlands and Austria in which the Group has an interest. 2. Reflects portfolio metrics of AUM. 3. Committed occupancy; by NLA. 4. By income. 5. Includes properties under development as at 30 September 2022. 6. Comprises industrial and logistics property assets in Australia in which the Group has an interest, including assets held by FLCT. 7. Comprises property assets in Germany, the Netherlands and Austria in which the Group has an interest, including assets held by FLCT. 8. realestate.bnpparibas.com/property-report-european-logistics-market-september-2022. 9. jll-australia-national-industrial-market-overview- 2022-final.pdf. 10. jll.com.au/en/trends-and-insights/cities/podcast-do-warehouses-need-green-certifications We are Frasers Property 39
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