Strategic Entry into Japan's Data Centre Market
3 Enhances Income Stability of the Enlarged Portfolio mapletree
WALE of ~20 years' improves lease expiry profile
Portfolio WALE will increase from 3.9 years² to 4.5 years³
Proportion of leases expiring in FY28/29 and beyond will increase from 28.1%² to 30.5%³
Pre-Acquisition: Lease Expiry Profile²
Post-Acquisition: Lease Expiry Profile³
industrial
17.3%
16.1%
16.0%
13.5%
9.0%
28.1%
16.7%
15.7% 15.4%
13.0%
8.7%
30.5%
FY23/24
FY24/25
FY25/26 FY26/27 FY27/28 FY28/29 &
Beyond
FY23/24 FY24/25 FY25/26 FY26/27
FY27/28 FY28/29 &
Beyond
■ Data Centres
Hi-Tech Buildings
Business Park Buildings ■Flatted Factories
Portfolio WALE: 3.9 years
1
By GRI as at 30 Jun 2023.
Stack-up/Ramp-up Buildings Light Industrial Buildings
Portfolio WALE: 4.5 years
2 By GRI 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 Mapletree Rosewood Data Centre Trust ("MRODCT").
3
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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