Strategic Entry into Japan's Data Centre Market
3 Enhances Income Stability of the Enlarged Portfolio mapletree
industrial
Extends lease expiry of underlying leasehold land from 35.3 years 1,2 to 35.4 years 1,3
The Property has 70-year land lease commencing from 1 Oct 2020
Freehold land will continue to make up the majority of MIT's Portfolio at 65.6%¹
Remaining Years to Expiry on Underlying Land Leases¹
17.8% 17.8%
Pre-Acquisition²
Post-Acquisition³
65.7% 65.6%
9.9% 9.9%
4.2% 4.2%
2.2% 2.3%
0.1% 0.1%
0 to 20 years
>20 to 30 years
>30 to 40 years
>40 to 50 years
More than 50 years
Freehold
1
By land area as at 31 Mar 2023.
2
3
As at 31 Mar 2023. Based on MIT's 50% interest of the joint venture with MIPL in three fully fitted hyperscale data centres and 10 powered shell data centres in North America
through MRODCT.
Based on MIT's portfolio as at 31 Mar 2023 and assuming that the Proposed Acquisition is completed on 30 Jun 2023 with MIT's effective interest of 98.47% in the Property.
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