Portfolio Transformation Strategy
PORTFOLIO SEGMENTATION BY CATEGORY
Income-Producing Properties by Value Segmented by Category
Multi-Purpose Properties
36 Properties
6.8 M SF (~190K SF/property)
$0.9 B Fair Value (~$127/SF)
WALT: 5.2 years
$53.9 M Annualized Revenue (~$7.89/SF)
Magna Concentration: 74%
Concentration in the GTA: 42%
Average Clear Height: 29'
Average Age: 26Yrs
Overall Cap Rate: 6.34%
18%
Special Purpose Properties
7 Properties
8.9 M SF (~1,268M SF/property)
$1.1 B Fair Value(~$120/SF)
WALT: 5.7 years
$75.7 M Annualized Revenue(~$8.52/SF)
Magna Concentration: 100%
Concentration in the GTA: 20%
Average Clear Height: 30'
Average Age: 35Yrs (excluding expansions)
Overall Cap Rate: 7.57%
23%
$4.7B
59%
Modern Logistics Properties
43 Properties
24.5 M SF (~571K SF/property)
$2.8 B Fair Value (~$113/SF)
WALT: 6.9 years
$154.2 M Annualized Revenue(~$6.28/SF)
Magna Concentration: 0%
Concentration in the GTA: 6%
Average Clear Height: 34'
Average Age: 9 Yrs
Overall Cap Rate: 5.29%
Total Fair Value of $4.7B with an overall WALT of 6.3 years
May 2020
11
Where applicable, figures include the acquisition of a property subsequent to March 31, 2020 in Weert, Netherlands.View entire presentation