28 Highlights of the Year

April 2013 • Mapletree acquired CentrePoint, a premier • Mapletree Greater Commercial Trust office building in Ho Chi Minh City, . (MGCCT) established a US$1.5 billion • Mapletree Commercial Trust (MCT) issued With a GFA of 33,567 sqm, the 15-storey Euro Medium Term Securities Programme S$70 million of 3.20% Fixed Rate Notes due prime office building is strategically sited together with issuers including Mapletree in 2021, under its S$1 billion Multicurrency along the main trunk road between Ho Chi Greater China Commercial Trust Treasury Medium Term Note Programme established Minh City’s Central Business District (CBD) Company Pte. Ltd. and Mapletree Greater in August 2012. A Moody’s rating of ‘Baa2’1 and Tan Son Nhat International Airport. China Commercial Treasury Company was assigned to the Notes, similar to MCT’s The acquisition supports Mapletree’s (HKSAR) Limited. long-term Issuer Rating. Vietnam strategy of focusing on acquiring well-located investment properties with June 2013 • Mapletree Industrial Trust (MIT) celebrated good quality specifications that generate the groundbreaking of a build-to-suit attractive returns. • CIMB-Mapletree Real Estate Fund 2 (BTS) development for Equinix’s third Shariah, a Shariah-compliant private International Business ExchangeTM data May 2013 real estate fund established through centre in . Designed to be Mapletree’s joint venture with CIMB in energy efficient, the S$108 million project , announced that it will commit will meet the Building and Construction to a total project value of MYR450 million Authority (BCA) Green Mark and after its first closing. With an investment Leadership in Energy and Environmental strategy targeting the sale and leaseback Design (LEED) standards. With a total of Shariah-compliant projects in Malaysia, gross floor area (GFA) of 35,767 square the fund aims to maximise total returns metres (sqm), the development provides on capital primarily by seeking stable the infrastructure and scale for Equinix recurring income, realistic capital to expand its presence in Singapore and appreciation, and development profits. Asia-Pacific. • The Initial Public Offering (IPO) of MGCCT • VivoCity Singapore was named Best Mapletree Business City, Singapore beat four rivals to win the title of ‘Best Shopping Centre by the AsiaOne People’s Capital Raising Strategy of the Year’ at the Choice Awards. A total of 180,000 online • Mapletree Business City (MBC) garnered 2013 Real Estate Investment World Asia voters rated their favourite brands and the BCA Universal Design Mark GoldPLUS Awards for Excellence. The winner was products. This award attests to VivoCity’s Award, which is a voluntary certification selected by voters from across the Asian commitment to provide its shoppers with scheme introduced as an initiative to raise real estate industry. an iconic retail, entertainment and lifestyle the bar on Universal Design adoption in destination that constantly surprises developments. The award succeeds the and excites. initial Universal Design Awards which MBC was awarded in 2011. This accolade illustrates Mapletree’s commitment to provide best-in-class, user-friendly spaces by incorporating best practices to enhance the conduciveness and accessibility of its developments.

• Mapletree clinched a prime site in Tsing Yi, SAR, for HK$1.69 billion, to develop a modern multi-storey ramp-up logistics facility. The project is Mapletree’s Festival Walk, Hong Kong SAR – a MGCCT property first greenfield development in the city. The site has a land area of 21,000 sqm and a VivoCity, Singapore permissible GFA of 85,000 sqm.

1 A rating is not a recommendation to buy, sell or hold securities, does not address the likelihood or timing of prepayment, if any, or the receipt of default interest, and may be subjected to revision or withdrawal at any time by the assigning rating organisation Mapletree Investments Pte Ltd Annual Report 2013/2014 Highlights of the Year 29

July 2013 • Mapletree China Opportunity Fund II October 2013 (MCOF II) closed at its hard cap of • Mapletree Logistics Trust (MLT) acquired US$1.4 billion. Seeded by two mixed- The Box Centre in Gyeonggi-do, use development projects, South Station , for KRW28.75 billion. This Enterprise City as well as the combined acquisition is in line with MLT’s efforts to MBC Shanghai and VivoCity Shanghai, rebalance its portfolio towards the higher MCOF II closed 10 months after its growth markets in Asia. The Box Centre marketing launch. MCOF II will continue comprises a modern, three-storey dry Mapletree’s strategy of investing in the warehouse and an ancillary office block, development of integrated mixed-use or with a total GFA of approximately single-use projects, and projects with value 27,000 sqm. enhancement potential located in China’s Tier I and Tier II cities. K&S Corporate Headquarters, Singapore • Mapletree completed the construction of Odawara Centre 2 in , an extension • MIT successfully completed the of Odawara Centre 1 which was completed development of K&S Corporate earlier in January. Strategically located Headquarters, a BTS project for in Kanagawa Prefecture, a popular Kulicke & Soffa (K&S). Developed with logistics hub in Western Japan, this BTS environmentally sustainable features, K&S e-commerce distribution centre enjoys Corporate Headquarters was accorded easy access to the neighbouring Tokyo, the BCA Green Mark Gold Award. The Yokohama and Nagoya areas. With a total five-storey Hi-Tech Building spans a GFA GFA of over 200,000 sqm, Odawara Centre of approximately 30,864 sqm. The property is amongst the largest of logistics centres serves as a production, research and in the vicinity. development facility as well as a corporate Artist impression of South Station Enterprise City, China office for K&S.

• Festival Walk received the Yahoo! Emotive • Mapletree Logistics Trust Management Brand Awards (Shopping Centre Category) Ltd (MLTM) was named Frost & Sullivan’s 2012-2013. This award further affirmed 2013 Asia Pacific Logistics Infrastructure Festival Walk’s popularity as a premier Developer of the Year. This is the second retail and lifestyle destination among the time2 that the Frost & Sullivan Asia Pacific 2.5 million survey participants. Best Practices Awards has recognised MLTM for its excellent track record in September 2013 growing its market presence and managing logistics infrastructure development in • Mapletree Anson emerged as first runner- the region. up at the ASEAN Energy Awards 2013, in Odawara Centre 2, Japan the Energy Efficient Building – New and • MBC was officially named Singapore’s Existing category. Designed with an array of first ‘Healthy Workplace Ecosystem’ at the August 2013 environmentally friendly features, Mapletree launch of the National Healthy Lifestyle Anson is a premier Grade-A office building • Mapletree completed the construction of Campaign 2013. Partnering the Health in the CBD with a small carbon footprint. its sixth logistics development in China Promotion Board to initiate programmes With the impressive energy saving effort – Mapletree Zhengzhou International that encourage the 10,000-strong working of an estimated 2,700,000 kWh per year, Logistics Park. Comprising four blocks of community at MBC to pursue a healthier Mapletree Anson successfully reduces single-storey dry warehouses with a GFA of lifestyle, Mapletree provides a favourable carbon dioxide emissions by approximately 79,319 sqm, the Grade-A logistics facility work environment that brings healthy living 1,400 tonnes a year. has achieved a lease commitment of close to the doorsteps of its tenants, enabling to 100% to-date. occupants to make better choices.

2 Mapletree Logistics was named Frost & Sullivan’s Asia Pacific Logistics Park Developer of the Year in 2011 30

• MBC II was awarded the LEED December 2013 in 2010. Slated to be completed in 2016, precertification Gold level for its the new business park will comprise a sustainable building design. Awarded by 30-storey tower, and three podium buildings the U.S. Green Building Council, the LEED of five to eight storeys over a total site area certification is the international standard of 108,000 sqm. With a GFA of 124,800 for high-performance green buildings. sqm, the new development will feature state-of-the-art infrastructure incorporating November 2013 an eco-friendly design and green features.

• MBC Shanghai and VivoCity Shanghai gained international recognition in building sustainability as the combined development was awarded the LEED precertification, at Gold and Silver levels respectively, marking the Group’s first LEED pre-certified overseas development. MGCCT was named ‘Best REIT’ by The Asset Magazine Featuring two of Mapletree’s iconic brands, the development was specifically designed to minimise environmental impact by • MGCCT’s IPO was named ‘Best REIT’ at incorporating sustainable green technology The Asset Magazine’s Triple A Regional features without compromising on the House and Deals Awards 2013. This comfort of end-users. recognition acknowledged MGCCT’s S$1.68 billion IPO, which demonstrated the • Mapletree Benoi Logistics Hub, MLT’s first confidence in and support for the offering redevelopment project in Singapore, was from both institutional and retail investors. completed with a 100% lease commitment. Artist impression of MBC II, Singapore The 92,500 sqm modern five-storey ramp- • Mapletree clinched a prime industrial site up logistics facility also received the BCA in Singapore for S$120 million to develop • Mapletree was awarded a prime Green Mark Platinum Award, the highest a modern high-specification industrial commercial site spanning a site area of certification for sustainable buildings facility with office space and a retail centre about 5,112 sqm in Kwun Tong, Kowloon in Singapore. within a permissible GFA of 41,230 sqm (Hong Kong SAR) for HK$3.769 billion. on 11,780 sqm of land. The project will Strategically located in Kowloon East, the be directly connected at the basement site will house a Grade-A office building level to the Tai Seng MRT station, and is with a total GFA of 61,344 sqm, to cater an ideal location for businesses in high- to the growing demand for large and value light industrial sectors and research column-free office space. Expected to be and development services. The project is completed by 2017, this will be Mapletree’s expected to be completed in the first half first greenfield commercial development in of 2016 at a development cost of about Hong Kong SAR. S$250 million. • Festival Walk, in recognition of its commitment to provide shoppers with January 2014 an enhanced shopping experience, was named ‘Top 10 Favourite Shopping Malls in • Mapletree awarded the construction of the Hong Kong’ at the ‘Shopping Mall Awards second phase of MBC (MBC II) to Shimizu 2013’ organised by leading local media Corporation, also the main contractor for the Hong Kong Economic Times and Sky Post. first phase of MBC, which was completed

Mapletree Benoi Logistics Hub, Singapore Mapletree Investments Pte Ltd Annual Report 2013/2014 Highlights of the Year 31

February 2014 March 2014 • Mapletree obtained the LEED precertification Gold level by the Indian Green Building Council for Global • Mapletree received a certificate of • Mapletree received international Technology Park (GTP) in Bangalore, . outstanding merit for its pioneering efforts recognition for its expertise in capital As Mapletree’s first development project as one of the first business entities to set management when the 2013 Global PERE in India, GTP’s design is benchmarked up in Binh Duong New City, Vietnam. The Awards named it ‘Asia Capital Raise of the against local and international standards, award recognised Mapletree’s contributions Year’. A testament to the successful launch incorporating green technology features to towards the development of the emerging of MCOF II, the award affirmed Mapletree’s create a sustainable business township through its 75-hectare integrated competence in generating consistent and park environment. business and industrial park, Mapletree high returns from successful investments Business City @ Binh Duong. The mixed- in the China market. use development enjoys 100% occupancy for its completed Ready-Built Business • MIT announced the acquisition of a Space (Phase 1A and Phase 1B). four-storey light industrial building for approximately S$14.1 million3 in the • Mapletree obtained the Certificate of Changi North Industrial Estate. With a Compliance and Completion for Jaya GFA of 6,290 sqm, the property is used Shopping Centre in Malaysia following for manufacturing, warehousing and as an a MYR400 million transformation. With a ancillary office. Easily accessible via major net lettable area of 23,600 sqm, the new expressways, the property is near the Pasir Jaya Shopping Centre has almost doubled Ris and Tampines regional centres as well its previous retail space. Spanning seven as Changi Airport. Following the completion storeys and divided into various zones, the of this acquisition in 2Q 20144, MIT’s mall is located in a popular neighbourhood portfolio will increase to 84 properties. shopping spot in Petaling Jaya, which Artist impression of Global Technology Park, India will cater to a variety of consumers. Jaya • The Group celebrated the groundbreaking Shopping Centre was 80% pre-leased prior of Mapletree Wuxi New District Logistics • Mapletree commenced the construction to its re-opening. Park in Jiangsu Province, China. The of Mapletree Logistics Hub Tsing Yi, planned Grade-A logistics facility will a 12-storey ramp-up Grade-A logistics house four blocks of two-storey ramp- facility located in Hong Kong SAR. With a up warehouses spanning a total GFA of total GFA of 85,000 sqm, the development 124,000 sqm. Strategically located along is well-connected to the city centre, the China’s Yangtze River Delta and well- Hong Kong International Airport and connected to key transportation networks, the mainland China border via major the facility is ideally located for regional expressways. It will also enjoy improved distribution purposes serving Wuxi’s accessibility to Macau and Tuen Mun when economically vibrant market. the Hong Kong-Zhuhai-Macau bridge and Tuen Mun-Chek Lap Kok Link are • MIT inked an agreement with Hewlett- completed in 2016 and 2018 respectively. Packard Singapore to develop a new BTS facility at its existing Telok Blangah Cluster. This will be MIT’s largest BTS project to date. With a total GFA of 76,500 sqm, the proposed redevelopment will reposition the cluster into a high-tech industrial cluster Jaya Shopping Centre, Malaysia when completed in the first half of 2017.

3 Includes purchase consideration of S$12.0 million, land premium and other acquisition-related expenses 4 Subject to approval from the relevant authorities and satisfaction of certain conditions (including the land premium payable for the remaining land lease for the first 30-year term)