ASCENDAS REAL ESTATE INVESTMENT TRUST 48 ANNUAL REPORT FY10/11
A-REIT’S Portfolio POSITIONED FOR THE FUTURE
Woodlands Business & HI-TECH INDUSTRIAL LIGHT INDUSTRIAL Regional Centre Science Parks Characteristics Characteristics Master Plan Area Characteristics Vertical corporate campus Low office content Suburban office, with high office content combined with corporate HQ buildings combined with high manufacturing space. and R&D space. specifications mixed-use 61 Zonal specified by industrial space. Typical Customers Large local companies 62 55 the Government. 66 40 Typical Customers which house their light 65 Manufacturing activities 64 are not allowed. Multi-national industrial manufacturing activities companies which and HQ operations within WOODLANDS Typical Customers wish to co-locate their a single facility. Higher CAUSEWAY Regional corporate HQs manufacturing activities manufacturing content of industrial companies with their HQ functions. compared to Hi-Tech Also include data centres. Industrial buildings. AR LET EX B P and MNCs; backroom SE RE U SS K W A
support office of financial I T Y
( S
T L I E
institutions; IT firms, M )
A research & development H
E
X
companies in various fields P
R
E
including life sciences, S
S food & fine chemicals, W A
Y
(
electronics, etc. B
K E
)
) JE (K AY Paya Lebar SW Jurong Lake District ES PR Regional Centre EX Regional Centre JI AN R K Master Plan Area
International Business P ) A IE N P Park Buildings ( IS Y LAND E A XPR W ES S S S W E A P R Y AN P ( TUAS X P IS E IE L D ) A SECOND N N A D L S 79 E LINK I X N 71 P A R P E S 86 SW 8 AY 54 68 (P 11 83 IE) 76 YER RA 10 A JA 69 H E XP RES 13 SW A 90 Y 87 (A 15 85 Y E 74 ) 18 81 42 3 9 29 1 14 27 2 4 Kent Ridge & 32 Haw Par Villa station (Circle Line) Properties in Science Park 1 & 2 About A-REIT Chairman’s Message A-REIT’S PORTFOLIO ENHANCING RELATIONS A-REIT Structure Manager’s Report Business & Science Park Properties INVESTOR RELATIONS 49 A-REIT’s Competitive Edge Board of Directors Hi-Tech Industrial Properties Corporate Governance Significant Events The A-REIT Team Light Industrial Properties/ Flatted Factories Financial Statements Financial Highlights The Property Manager Logistics & Distribution Centres Statistics of Unitholdings Warehouse Retail Facilities Independent Market Study
FLATTED FACTORIES LOGISTICS & WAREHOUSE RETAIL Characteristics Typical Customers DISTRIBUTION FACILITIES Local small & medium- Stacked-up manufacturing CENTRES Characteristics sized enterprises engaged space used for general Retail frontage with in various manufacturing Characteristics manufacturing. Ground floor warehousing facility at activities. Some MNC Warehouses and space tends to command the back of the property; manufacturers also house distribution centres. About higher rental rate due to A-REIT has 2 out of 3 their manufacturing 62% of A-REIT’s logistics higher floor loading and of such properties in better accessibility. operations in such buildings. & distribution centres are single storey or Singapore. multi-storey facilities with vehicular ramp access. Typical Customers Single tenant who houses Kaki Bukit station Tampines West Typical Customers their retail, warehousing (DTL 3) station (DTL 3) 3rd party logistics and operations within one location. 28. Techview 52. Tampines Biz-Hub providers, manufacturers, 19. Techlink distributors and trading companies.
TAMPINES
EXPRESSWAY (TPE) POSITIVE IMPACT
K FROM DOWNTOWN
C A L
22 E L
N 34 A 91
T MASS TRANSIT N
R G
A
L P
A LINE 3 (DTL 3)
E 37 45 Y
X
A 72
P
48 L R E 67 E B 92 S • Rail connectivity will
A S
R W 93
be enhanced with the A E
Y X
P
(
36 C upcoming DTL 3, R
T
E 89
E
S 7 ) S linking eastern
W 52 70 84
A
Y 30 88 Singapore to the CBD
( 44 58
K 57
P
E • Positive impact P ) AN 28 56 43 IS 82 expected for A-REIT’s L 35 41 A 46 N 25 33 D 23 60 6 51 buildings situated near E 5 X 26 19 73 P 24 R 47 39 the upcoming rail lines E 17 12 S 20 50 SW WAY (PIE) A 59 SS 77 16 Y ( 53 RE PIE 38 XP 80 88 ) D E 21 AN 75 ISL PAN 78 63 31 New Commercial 49 and University Development Area
P) Y (EC Changi Business Park ARKWA Buildings EAST COAST P
Central Business Jalan Besar station MacPherson station Ubi station (DTL 3) District (DTL 3) (DTL 3) 50. Weltech Building 49. Hyflux Building 59. Aztech Building 47. 27 Ubi Road 4 31. 50 Kallang Avenue 38. Osim Headquarters 60. Ubi Biz-Hub ASCENDAS REAL ESTATE INVESTMENT TRUST 50 ANNUAL REPORT FY10/11
A-REIT’S Portfolio VARIED SPACE PROPOSITIONS
Business & HI-TECH INDUSTRIAL FLATTED FACTORIES Science Parks 19. Techlink 36. TechPlace I 1. The Alpha 20. Siemens Center 37. TechPlace II 2. The Aries 21. Infineon Building 3. The Capricorn 22. Techpoint 4. The Gemini 23. Wisma Gulab LIGHT INDUSTRIAL 5. Honeywell Building 24. KA Centre 25. KA Place 6. Ultro Building 38. Osim Headquarters 7. Telepark 26. Kim Chuan Telecommunications 39. Ghim Li Building 8. Techquest 40. Progen Building 9. PSB Science Park Complex 27. Pacific Tech Centre 41. SB Building Building 42. 247 Alexandra Road 10. 13 International 28. Techview 29. Transtel 43. 5 Tai Seng Drive 61 Business Park 44. Volex Building 30. 30 Tampines Industrial 62 55 11. iQuest @ IBP 45. 53 Serangoon North Avenue 3 66 40 12. HansaPoint @ CBP Avenue 4 65 31. 50 Kallang Avenue 64 13. Acer Building 46. 3 Tai Seng Drive 14. Science Hub & 32. 138 Depot Road 33. 2 Changi South Lane 47. 27 Ubi Road 4 WOODLANDS Rutherford 48. 52 Serangoon North CAUSEWAY 15. 31 International 34. CGG Veritas Hub 35. 38A Kim Chuan Road Avenue 4 Business Park 49. Hyflux Building 16. DBS Asia Hub ETAR EX EL PR 17. 1, 3 & 5 Changi S ES SW AY (S Business Park L E Crescent ) 18. Neuros & Immunos
B
U
K
I T
T
I M
A ) H E J E K ( X AY P SW R ES E R S XP S E W JI AN A R Y K ( B P K ) A E IE N ) P ( IS Y LAND E A XPR W ES TUAS S S S W E A P SECOND R Y AN P ( X P IS LINK E IE L D ) A N N A D L S 79 E I X N 71 P A R P E S 86 SW 8 AY 54 68 (P 11 83 IE) 76 YER RA 10 A JA 69 H E XP RES 13 SW A 90 Y 87 (A 15 85 Y E 74 ) 18 81 42 3 9 29 1 14 27 2 4 32 About A-REIT Chairman’s Message A-REIT’S PORTFOLIO ENHANCING RELATIONS A-REIT Structure Manager’s Report Business & Science Park Properties INVESTOR RELATIONS 51 A-REIT’s Competitive Edge Board of Directors Hi-Tech Industrial Properties Corporate Governance Significant Events The A-REIT Team Light Industrial Properties/ Flatted Factories Financial Statements Financial Highlights The Property Manager Logistics & Distribution Centres Statistics of Unitholdings Warehouse Retail Facilities Independent Market Study
LIGHT INDUSTRIAL LOGISTICS & LOGISTICS & DISTRIBUTION DISTRIBUTION 50. Weltech Building 51. BBR Building CENTRES CENTRES 52. Tampines Biz-Hub 53. 84 Genting Lane 69. IDS Logistics 84. JEL Centre 54. Hoya Building Corporate HQ 85. Logistics 21 55. NNB Building 70. LogisTech 86. Sembawang Kimtrans 56. 37A Tampines 71. 10 Toh Guan Road Logistics Centre Street 92 72. Changi Logistics 87. Goldin Logistics Hub 57. Hamilton Sundstrand Centre 88. Sim Siang Choon Building 73. Nan Wah Building Building 58. Thales Building (I & II) 74. C&P Logistics Hub 89. 15 Changi North Way 59. Aztech Building 75. Xilin Districentre 90. Pioneer Hub 60. Ubi Biz-Hub Building A&B 91. 71 Alps Avenue 61. 26 Senoko Way 76. MacDermid Building 62. Super Industrial 77. Xilin Districentre Building Building D 63. 1 Kallang Place 78. Freight Links (Changi) WAREHOUSE RETAIL 64. 18 Woodlands Loop Building FACILITIES 65. 9 Woodlands Terrace 79. Freight Links 66. 11 Woodlands Terrace (Toh Guan) Building 92. Courts Megastore 67. 8 Loyang Way 1 80. Xilin Districentre 93. Giant Hypermart 68. 31 Joo Koon Circle Building C 81. Senkee Logistics Hub (Phase I & II) 82. 1 Changi South Lane 83. LogisHub @ Clementi
TAMPINES
EXPRESSWAY (TPE)
K A
C L
22 E L
N 34 A 91
T N
R G
A
L P A
E 37 45 Y
X
A 72
P
48 L R E 67 E B 92 S
A S
R W 93
E A
Y X
P ( 36 C
R
T
E 89
E
S 7 ) S
W 52 70 84
A
Y 30 88
( 44 58
K 57 P
E P ) 28 AN 56 43 IS 82 L 35 41 A 46 N 25 33 D 23 60 6 51 E 5 X 26 19 73 P 24 R 47 39 E 17 12 S 20 50 SW WAY (PIE) A 59 SS 77 16 Y ( 53 RE PIE 38 XP 80 88 ) D E North South MRT Line 21 AN 75 ISL PAN 78 63 North South MRT Line 31 (Under Construction) 49 East West MRT Line North East MRT Line P) Y (EC Circle MRT Line ARKWA Circle MRT Line EAST COAST P (Under Construction) Downtown Line 1 (Under Construction) Downtown Line 2 (Under Construction) Downtown Line 3 (Under Construction) Bukit Panjang LRT Sengkang LRT Punggol LRT ASCENDAS REAL ESTATE INVESTMENT TRUST 52 ANNUAL REPORT FY10/11
A-REIT’S Portfolio
BUSINESS & SCIENCE PARKS Suburban office, corporate HQ buildings and R&D space 1. The Alpha 2. The Aries 3. The Capricorn
4. The Gemini 5. Honeywell Building 6. Ultro Building 7. Telepark
8. Techquest 9. PSB Science Park Building 10. 13 International Business Park 11. iQuest @ IBP
12. Hansapoint @ CBP 13. Acer Building 14. Science Hub & Rutherford 15. 31 INTERNATIONAL BUSINESS PARK
16. DBS Asia hub 17. 1,3 & 5 Changi Business Park Crescent 18. neuros & immunos About A-REIT Chairman’s Message A-REIT’S PORTFOLIO ENHANCING RELATIONS A-REIT Structure Manager’s Report Business & Science Park Properties INVESTOR RELATIONS 53 A-REIT’s Competitive Edge Board of Directors Hi-Tech Industrial Properties Corporate Governance Significant Events The A-REIT Team Light Industrial Properties/ Flatted Factories Financial Statements Financial Highlights The Property Manager Logistics & Distribution Centres Statistics of Unitholdings Warehouse Retail Facilities Independent Market Study
Hi-Tech Industrial Properties High office content combined with high specifications industrial mixed-use space 19. Techlink 20. Siemens Center 21. Infineon building
22. Techpoint 23. Wisma Gulab 24. KA Centre 25. KA Place
26. Kim Chuan Telecommunications 27. Pacific Tech Centre 28. Techview 29. TRANSTEL Complex
30. 30 Tampines industrial avenue 3 31. 50 Kallang Avenue 32. 138 Depot Road 33. 2 Changi South Lane
34. CGG Veritas Hub 35. 38A Kim Chuan Road ASCENDAS REAL ESTATE INVESTMENT TRUST 54 ANNUAL REPORT FY10/11
A-REIT’S Portfolio
FLATTED LIGHT FACTORIES INDUSTRIAL Stacked-up Low office manufacturing content space combined with 36. TechPlace I 37. TechPlace II manufacturing 38. Osim HEADQUARTERS 39. Ghim Li Building space
40. Progen Building 41. SB Building 42. 247 alexandra road 43. 5 tai seng drive 44. Volex Building 45. 53 serangoon NORTH Avenue 4
46. 3 tai seng drive 47. 27 UBI ROAD 4 48. 52 SERANGOON NORTH 49. Hyflux Building 50. Weltech Building 51. BBR Building AVENUE 4
52. Tampines Biz-Hub 53. 84 genting lane 54. Hoya Building 55. NNB Building 56. 37A Tampines Street 92 57. Hamilton SUNDSTRAND Building
58. Thales Building ( I & II) 59. Aztech Building 60. Ubi Biz-Hub 61. 26 Senoko Way 62. SUPER INDUSTRIAL 63. 1 Kallang Place BUILDING
64. 18 Woodlands Loop 65. 9 Woodlands Terrace 66. 11 Woodlands Terrace 67. 8 Loyang Way 1 68. 31 Joo Koon Circle About A-REIT Chairman’s Message A-REIT’S PORTFOLIO ENHANCING RELATIONS A-REIT Structure Manager’s Report Business & Science Park Properties INVESTOR RELATIONS 55 A-REIT’s Competitive Edge Board of Directors Hi-Tech Industrial Properties Corporate Governance Significant Events The A-REIT Team Light Industrial Properties/ Flatted Factories Financial Statements Financial Highlights The Property Manager Logistics & Distribution Centres Statistics of Unitholdings Warehouse Retail Facilities Independent Market Study
LOGISTICS & DISTRIBUTION CENTRES Warehousing and distribution 69. IDS Logistics 70. LogisTech 71. 10 Toh Guan Road 72. Changi Logistics Centre 73. Nan Wah Building centres Corporate HQ
74. C&P Logistics Hub 75. Xilin Districentre 76. MacDermid Building 77. Xilin Districentre 78. Freight Links (Changi) 79. Freight Links (Toh Guan) Building A&B Building D Building Building
80. Xilin Districentre 81. Senkee Logistics Hub 82. 1 Changi South Lane 83. LogisHub @ Clementi 84. JEL Centre 85. Logistics 21 Building C (Phase I & II)
86. Sembawang Kimtrans 87. Goldin Logistics Hub 88. Sim Siang Choon 89. 15 Changi North Way 90. Pioneer Hub 91. 71 Alps Avenue Logistics Centre Building
WAREHOUSE RETAIL FACILITIES Single-user retail and warehouse 92. Courts MEGASTORE 93. Giant HYPERMART space