Straits Trading Business Segments Overview slide image

Straits Trading Business Segments Overview

2 GROWTH INITIATIVES SRE - To grow from current S$2.0 billion to S$3.0 billion target Invested Assets in near term Growth Strategy 1 - Further expansion into Asia Pacific logistics sector with Australia and South Korea as key markets • Logistics sector in Asia Pacific is poised to benefit from secular growth prospects spurred by COVID-19 Initial commitment of S$220 million. Portfolio expansion in Australia via build-to-suit development projects committed by blue-chip tenants Aggregated a portfolio of 10 properties (1) with total assets worth S$516.7 million (2), representing a 39% uplift since Dec 2020 SRE to double down on Australian and South Korean logistics assets AUSTRALIA Built-to-suit warehouses in South Australia and Victoria Coco-Cola Amatil 677 springvale Adelaide SOUTH KOREA Future-proof workplaces for post-COVID occupier requirements Collaboration with IGIS Asset Management, one of Korea's largest asset managers, to establish a portfolio that develops and manages modern logistics facilities to serve the populous Greater Seoul area Initial commitment of ~KRW104 billion (~S$120 million) Nexus North 885 Mountain Highway 320 Pitt Street (Sydney CBD) Owens-Illinois Glass Raytheon Melbourne Incitec Pivot 45 St Georges Terrace (Perth CBD) Sky Logis: A modern 6-storey ramp up logistics facility (1) See Appendix: Slide 34 and 35 for more information on SRE's logistics portfolio in Australia and South Korea 2) Figure represents SRE's pro-rata share of property value in Australia & Korea Logistics Portfolio as of 30 June 2021 STRAITS TRADING ESTABLISHED 1887 A MEMBER OF THE TECITY GROUP Highlight 1 Diversification Highlight 2 Growth Highlight 3 Value Creation Anseong: Development of a mixed logistics facility (dry & cold storage) 18 Highlight 4 Financials © Copyright 2021. The Straits Trading Company Limited. All rights reserved.
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