CapitaLand Media/Analysts Trip: CapitaMalls Asia Limited Singapore • China • Malaysia • Japan • India Mr Jason Leow, CEO of CapitaMalls Asia 10 November 2014 CapitaMalls Asia Presentation – 10 November 2014 Contents . CapitaMalls Asia Overview . Our Business Model . China Presence & Business Strategy . Malls Opening This Year . Key Malls Opening in Next Few Years . CMA Malls as Lifestyle Destinations . Appendix: West China Region . Chengdu . Raffles City Chengdu . CapitaMall Tianfu . CapitaMall Jinniu East China Region . Shanghai . Raffles City Changning . Luwan integrated development . Hongkou Plaza 1 CapitaMalls Asia Presentation – 10 November 2014 CapitaMalls Asia Overview Westgate, Singapore CapitaMalls Asia Presentation – 10 November 2014 Overview of CapitaMalls Asia Limited Asia’s leading mall developer, owner and manager • CapitaMalls Asia (“CMA”) is one of the largest shopping mall developers, owners and managers in Asia by total property value of assets and by geographic reach • 104 shopping malls with a total property value2 of approximately S$35.8 billion1,3 ION Orchard Singapore Hongkou Plaza Gurney Plaza Olinas Mall The Celebration Mall Shanghai, China Penang, Malaysia Tokyo, Japan Udaipur, India Notes 1. As at 30 Sept 2014 2. Aggregate property value of the properties in CMA’s portfolio (where the property value of each of the properties is taken in its entirety regardless of the extent of CMA’s interest) 3. Excludes CMA’s interest in Horizon Realty Fund, which CMA does not manage 3 CapitaMalls Asia Presentation – 10 November 2014 Our Business Model Bedok Mall, Singapore CapitaMalls Asia Presentation – 10 November 2014 The Scale to Entrench Our Presence ONE unique integrated shopping mall business Harbin Hokkaido Huhhot 104 malls Beijing Tianjin Anyang Zibo Dalian Japan China Xinxiang Weifang cities Qingdao 53 Zhengzhou Tokyo Xi’an Rizhao Kobe Mianyang Yangzhou Osaka Deyang Suzhou Wuhan Wuhu Kunshan 5 countries Chengdu Hangzhou Shanghai Ningbo Chongqing Yiyang Nanchang Yibin Changsha Quanzhou Jalandhar Guangzhou Zhangzhou 97.4 million Zhaoqing Dongguan India Foshan sq ft Total GFA Maoming Udaipur Zhanjiang Nagpur Hyderabad Bangalore billion Mangalore Malaysia S$35.8 Mysore Total property Cochin Penang Kuantan value Kuala Lumpur Selangor Singapore >4,000 staff 5 CapitaMalls Asia Presentation – 10 November 2014 Industry-Leading Network of >15,000 Leases Strong relationship with wide profile of retailers including home-grown chains and international brands 6 CapitaMalls Asia Presentation – 10 November 2014 Partnering Our Retailers to Grow Tenant engagement programme to add value to retailers’ business Seminars and workshops conducted by industry experts 7 CapitaMalls Asia Presentation – 10 November 2014 CMA Retail Real Estate Value Chain Integrated retail business with end-to-end capabilities Sourcing Development Mall Management Capital Ability to source Comprehensive Proven track record in “KnowManagement-how” in land bank and development extracting value through deploying capital to investment capabilities asset enhancement enhance productivity opportunities initiatives Experience in Experience in creating developing Ability to fill up malls On the ground and managing varieties of malls rapidly through lease professionals private funds and catering to network and bring in focused in both diverse tenant shoppers to shop through listed REITs land and project and customer branding and marketing acquisition base activities Proven Deep Proven Ability to sourcing development operational deploy capital capabilities capabilities expertise efficiently Revaluation Fund Development 3 Buckets 1 2 Net Property 3 Management Profits of Income Fees Property Revenue Management Fees Recurring Income 8 CapitaMalls Asia Presentation – 10 November 2014 China Presence & Business Strategy Hongkou Plaza, Shanghai, China CapitaMalls Asia Presentation – 10 November 2014 CapitaLand’s 20 Years of Presence in China Landmark developments include Hongkou Plaza and Raffles City Shanghai in Shanghai, CapitaMall Taiyanggong in Beijing and CapitaMall Wusheng in Wuhan CapitaMall Taiyanggong, Beijing Raffles City Shanghai Strong understanding of the China retail real Hongkou Plaza, Shanghai CapitaMall Wusheng, Wuhan estate market 10 CapitaMalls Asia Presentation – 10 November 2014 Malls Strategically Located in Large Population Catchment Areas . One-stop shopping, dining and entertainment destinations within sizeable population catchment areas . Well-positioned and accessible via major transportation routes Minhang Plaza, Shanghai CapitaMall Aidemengdun, CapitaMall Jinniu, Chendu Raffles City Beijing, Beijing Harbin CapitaMall Dongguan, CapitaMall Yuhuating, Changsha CapitaMall Saihan, Huhhot Dongguan 11 CapitaMalls Asia Presentation – 10 November 2014 Geographically Diversified in Multi-tiered Cities Operations are organised into 6 regions o North 62 malls o North-east (51 operational) o East Heilongjiang Harbin o Central Jilin o West 37 cities Inner Mongolia o South Liaoning Gansu Huhhot Xinjiang Beijing Dalian Tianjin 69.1 million sq ft Shanxi Hebei Zibo Weifang Ningxia Qinghai Shandong Qingdao Anyang Rizhao Total GFA Zhengzhou Xinxiang Shaanxi Jiangsu Henan Yangzhou Xizang Xi’an (Tibet) Suzhou, Kunshan Anhui Mianyang Shanghai Sichuan Deyang Hubei Wuhu Hangzhou Chengdu Chongqing Wuhan Zhejiang Ningbo S$17.3 billion Yibin Chongqing Yiyang Nanchang Jiangxi Guizhou Changsha Fujian Total property value Hunan Quanzhou Guangxi Guangdong Zhangzhou Yunnan Guangzhou Zhaoqing Dongguan Early mover advantage Foshan Zhanjiang Maoming Hainan 12 CapitaMalls Asia Presentation – 10 November 2014 Build Scale in Key Cities for Growth 1. Aligned with CapitaLand’s city clusters of Beijing/Tianjin, Shanghai/Hangzhou/Suzhou/Ningbo, Guangzhou/Shenzhen, Chengdu/Chongqing and Wuhan 2. Explore with CapitaLand China for integrated development opportunities 13 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions Beijing 10 malls in Beijing 1 3 2 Airport Core Express Area 4 10 1 56 3 2 10 7 4 9 6 5 7 9 8 1. CapitaMall Wangjing 6. CapitaMall Cuiwei 2. CapitaMall Taiyanggong 7. CapitaMall Shuangjing 3. CapitaMall Anzhen 8. CapitaMall Tiangongyuan 8 4. CapitaMall Xizhimen 9. CapitaMall Grand Canyon 5. CapitaMall Crystal 10. Raffles City Beijing 14 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions Shanghai 6 malls in 1 Shanghai Core Area 4 2 5 3 3 1 2 6 4 3 S20 OuterS20 Expy 5 6 1. Hongkou Plaza 4. Raffles City Changning 2. Raffles City Shanghai 5. CapitaMall Qibao 3. Luwan integrated 6. Minhang Plaza development 15 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions Chengdu Subway Line 5 1 Shengxian Lake 2 malls in Chadianzi Bus Station North Railway Station Yangxi Overflys Chengdu Yishitianxia Food Street Renming North Road Shuhan Road East Core Area Baiguolin Wenshu Monastery Hospital of University of Tonghui Men Luoma Market traditional Chinese Chunxi Road Tianfu Square Dongmen Bridge Renming Park Jingjiang Hotel Niuwang Temple Niushikou Huaxi Ba 3 Dongdalu 1 State Stadium Tazishan Park 5 Chengdu East Interchange 2 Nijia Qiao Chengyu Flyovers 4 Tongzi Lin Huiwang Tomb Chengdu South Railway Station Honghe Chengdu Gaoxing Administration School Finance District Subway Line 3 5 Innovation Park Century City 4 1. CapitaMall Jinniu(Phase I 4. CapitaMall Tianfu & II) 5. CapitaMall 2. CapitaMall Shawan Meilicheng 3. Raffles City Chengdu 16 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions Chongqing Dazhulin Photoelectric Park North Railway Shuangbei 3 Station Zhengjiayuanzi Shiziba malls in Ranjiaba Tangjiayuanzi Core Area Jiazhoulu Chongqing Dalongshan Hongqihegou Wulidian Ciqikou Flower Park Huangnibang Hongtudi Guanyinqiao Grave of Martyrs Zengjiayan Niujia Daxigou Huanghuayuan 3 Yanggong Bridge Huaxinjie otuo Linjiangmen 1 Xiaoshizi 1 Shapingba Liziba Niujiaotuo Foquanguan Qixinggang Xiaolong Yin Jiaochangkou Eling Daping Lianglukou Daping Jiaochangkou Majiayan Shiyoulu Gaomiao Village Xietaizi Shiqiaopu Gnagyuanju Nongjiagang Chongqing Industry & 3 Trade School 1 Nanping Xiejiawan Sigongli Yangjiaping 2 Wugongli Mawangchang Liugongli Dayan Zoo Village Pingan Ertang Dadukou 2 Bagongli Xinshan Village 1. CapitaMall Shapingba 2. CapitaMall Jiulongpo 3. Raffles City Chongqing 17 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions Wuhan 4 malls in Wuhan Core Area 4 3 2 1 4 3 2 1 3 1. CapitaMall Wusheng 3. CapitaMall 1818 2. CapitaMall 4. Mall in Gutian Minzhongleyuan 18 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions Guangzhou 4 malls around Guangzhou Guangzhou Core Area 1 4 2 3 Zhaoqing Foshan Dongguan 1 4 2 3 1. CapitaMall SKY+, 3. CapitaMall Dongguan Guangzhou 4. CapitaMall Zhaoqing 2. CapitaMall Nanhai, Foshan 19 CapitaMalls Asia Presentation – 10 November 2014 Malls Opening This Year CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Tianfu, Chengdu, China Upcoming Mall Opening CapitaMall Fucheng (Phase 2), GFA excl. 45,500 sq m Mianyang, China car park (approx) Opening Dec 2014 Artist’s Impression (subject to change) 21 CapitaMalls Asia Presentation – 10 November 2014 Upcoming Mall Opening CapitaMall Tianfu, Chengdu, China GFA excl. 139,000 sq m car park* (approx) Opening Dec 2014 * Retail Artist’s Impression (subject to change) 22 CapitaMalls Asia Presentation – 10 November 2014 Key Malls Opening in Next Few Years CapitaMalls Asia Presentation