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
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