GLOBAL LOGISTIC PROPERTIES | |
FY2016 SUPPLEMENTARY INFORMATION PACK | |
Contents | Page |
Portfolio Information | 1 - 6 |
Group Debt Information | 7 |
Balance Sheet Information | 8 |
Pro-rata Income Statements | 9 |
Consolidated Income Statements | 10 |
One-Time Adjustments | 11 |
Appendix to Portfolio and Financial Information | 12 |
GLOBAL LOGISTIC PROPERTIES SUPPLEMENTARY INFORMATION | |||||||||||||
PORTFOLIO INFORMATION AS AT 31 MARCH 2016 | |||||||||||||
1Q 2015 | 2Q 2015 | 3Q 2015 | 4Q 2015 | 1Q 2016 | 2Q 2016 | 3Q 2016 | 4Q 2016 | FY2013 | FY2014 | FY2015 | FY2016 | ||
China portfolio | |||||||||||||
New leased area (sqm mil)2 | 0.53 | 0.81 | 0.60 | 1.19 | 0.69 | 1.04 | 0.64 | 0.95 | 1.43 | 2.30 | 3.14 | 3.32 | |
Land acquired for future development (sqm mil) | 0.70 | 0.78 | 0.51 | 1.31 | 0.67 | 0.86 | 1.47 | 1.16 | 4.16 | 4.06 | 3.29 | 4.16 | |
Development starts - sqm mil (100% basis) | 1.36 | 0.44 | 0.41 | 1.04 | 0.83 | 0.70 | 0.64 | 0.85 | 2.08 | 2.51 | 3.25 | 3.03 | |
- US$ mil (100% basis) | 643 | 203 | 208 | 581 | 387 | 370 | 336 | 625 | 1155 | 1635 | 1718 | ||
- US$ mil (pro-rata basis) | 293 | 106 | 97 | 247 | 197 | 209 | 190 | 368 | 876 | 743 | 964 | ||
Development completion - sqm mil (incl. convert from reposition, 100% basis) | 0.06 | 0.41 | 0.63 | 1.12 | 0.17 | 0.29 | 0.60 | 1.33 | 1.19 | 2.02 | 2.22 | 2.39 | |
- US$ mil (100% basis) | 25 | 180 | 308 | 516 | 77 | 124 | 262 | 763 | 948 | 1029 | 1226 | ||
- US$ mil (pro-rata basis) | 10 | 84 | 138 | 214 | 27 | 55 | 127 | 342 | 803 | 446 | 551 | ||
Acquired completed properties (sqm mil) | 0.11 | 0.08 | 0.01 | 0.01 | 0.08 | 0.03 | 0.46 | 0.39 | 0.04 | 0.14 | 0.21 | 0.96 | |
Japan portfolio | |||||||||||||
New leased area (sqm mil)2 | 0.03 | 0.10 | 0.13 | 0.09 | 0.06 | 0.32 | 0.05 | 0.08 | 0.26 | 0.41 | 0.35 | 0.51 | |
Land acquired for future development (sqm mil) | 0.09 | 0.06 | - | - | - | - | 0.56 | 0.21 | 0.06 | 0.48 | 0.15 | 0.77 | |
Development starts - sqm mil (100% basis) | 0.04 | 0.23 | - | 0.16 | 0.03 | - | 0.32 | 0.32 | 0.47 | 0.45 | 0.43 | 0.67 | |
- US$ mil (100% basis) | 54 | 314 | - | 293 | 41 | - | 490 | 510 | 734 | 661 | 1041 | ||
- US$ mil (pro-rata basis) | 27 | 230 | - | 146 | 21 | - | 490 | 255 | 372 | 403 | 766 | ||
Development completion - sqm mil (100% basis) | 0.01 | - | - | 0.04 | 0.20 | 0.17 | 0.19 | - | 0.08 | 0.32 | 0.05 | 0.57 | |
- US$ mil (100% basis) | 11 | - | - | 44 | 242 | 217 | 213 | - | 401 | 55 | 672 | ||
- US$ mil (pro-rata basis) | 11 | - | - | 22 | 121 | 108 | 107 | - | 201 | 33 | 336 | ||
Acquired completed properties (sqm mil) | 0.02 | - | 0.02 | - | - | - | - | 0.01 | - | - | 0.04 | 0.01 | |
US portfolio | |||||||||||||
New leased area (sqm mil)2 | 0.13 | 0.23 | 0.38 | 0.24 | 0.27 | 0.13 | 1.13 | ||||||
Acquired completed properties (sqm mil) | 10.71 | - | - | 5.41 | - | 10.71 | 5.41 | ||||||
Brazil portfolio | |||||||||||||
New leased area (sqm mil)2 | 0.00 | 0.01 | 0.01 | 0.11 | 0.08 | 0.03 | 0.01 | - | 0.04 | 0.29 | 0.13 | 0.13 | |
Land acquired for future development (sqm mil) | 0.34 | 0.08 | - | 0.09 | - | - | 0.42 | 0.09 | |||||
Development starts - sqm mil (100% basis) | 0.20 | 0.06 | - | 0.09 | - | 0.02 | - | 0.12 | 0.12 | 0.07 | 0.35 | 0.14 | |
- US$ mil (100% basis) | 186 | 53 | - | 60 | - | 14 | - | 55 | 76 | 299 | 69 | ||
- US$ mil (pro-rata basis) | 74 | 21 | - | 22 | - | 5 | - | 21 | 29 | 117 | 26 | ||
Development completion - sqm mil (100% basis) | 0.06 | - | - | 0.08 | 0.14 | 0.02 | 0.06 | - | 0.04 | 0.14 | 0.13 | 0.22 | |
- US$ mil (100% basis) | 41 | - | - | 50 | 134 | 8 | 41 | - | 155 | 91 | 183 | ||
- US$ mil (pro-rata basis) | 15 | - | - | 18 | 50 | 2 | 16 | - | 63 | 33 | 68 | ||
Acquired completed properties (sqm mil) | 0.86 | 0.03 | 0.01 | - | - | - | - | - | 0.91 | - |
Completed & Stabilized (sqm mil) 7.60 8.16 8.52 9.57 9.77 10.21 10.78 11.70
Completed & Pre-stabilized (sqm mil) 1.29 1.21 1.41 1.52 1.59 1.42 1.98 2.52
Other facilities4 (sqm mil) 0.72 0.72 0.72 0.72 0.72 0.72 0.81 0.72
Properties under development or being repositioned (sqm mil) 4.86 4.90 4.72 4.64 5.29 5.74 5.71 5.30
Land held for future development (sqm mil) 4.88 5.20 5.28 5.39 5.20 5.35 6.15 6.43
Land reserve (sqm mil) 12.75 12.76 12.88 12.11 12.42 12.45 12.56 12.13
Total 32.11 32.96 33.53 33.95 34.99 35.89 37.99 38.80
Japan portfolio3Completed & Stabilized (sqm mil) - GLP-owned properties 2.20 1.97 1.99 2.14 2.18 2.03 2.08 2.07
- J-REIT-owned properties 1.61 1.85 1.85 1.85 1.89 2.09 2.09 2.08
Completed & Pre-stabilized (sqm mil) | 0.12 | 0.12 | 0.12 | - | 0.13 | 0.24 | 0.39 | 0.39 |
Properties under development or being repositioned (sqm mil) | 0.55 | 0.78 | 0.78 | 0.90 | 0.74 | 0.56 | 0.69 | 1.01 |
Land held for future development (sqm mil) | 0.09 | - | - | - | - | - | - | - |
Total | 4.58 | 4.72 | 4.73 | 4.90 | 4.93 | 4.93 | 5.25 | 5.55 |
US portfolio3 | ||||||||
Completed & Stabilized (sqm mil) | 8.45 | 8.82 | 9.31 | 14.40 | 15.51 | |||
Completed & Pre-stabilized (sqm mil) | 2.26 | 1.86 | 1.37 | 1.67 | 0.51 | |||
Properties under development or being repositioned (sqm mil) | - | - | - | - | 0.02 | |||
Total | 10.71 | 10.68 | 10.68 | 16.07 | 16.04 | |||
Brazil portfolio3 Completed & Stabilized (sqm mil) | 2.22 | 2.28 | 2.26 | 2.22 | 2.31 | 2.31 | 2.37 | 2.33 |
Completed & Pre-stabilized (sqm mil) | 0.13 | 0.11 | 0.09 | 0.17 | 0.22 | 0.24 | 0.24 | 0.16 |
Properties under development or being repositioned (sqm mil) | 0.26 | 0.32 | 0.37 | 0.43 | 0.28 | 0.28 | 0.22 | 0.45 |
Land held for future development (sqm mil) | 0.40 | 0.34 | 0.68 | 0.66 | 0.66 | 0.74 | 0.75 | 0.64 |
Total | 3.01 | 3.04 | 3.40 | 3.47 | 3.47 | 3.56 | 3.58 | 3.58 |
GLOBAL LOGISTIC PROPERTIES SUPPLEMENTARY INFORMATION | ||||||||
PORTFOLIO INFORMATION AS AT 31 MARCH 2016 | ||||||||
Rents & lease ratio for Stabilized Portfolio | 1Q 2015 | 2Q 2015 | 3Q 2015 | 4Q 2015 | 1Q 2016 | 2Q 2016 | 3Q 2016 | 4Q 2016 |
China portfolio | ||||||||
Rents (RMB/sqm/day) - Total Portfolio | 1.03 | 1.03 | 1.04 | 1.06 | 1.07 | 1.07 | 1.09 | 1.09 |
- Logistics | 1.12 | 1.12 | 1.12 | 1.14 | 1.14 | 1.15 | 1.15 | 1.14 |
- Non-logistics | 0.65 | 0.66 | 0.66 | 0.69 | 0.70 | 0.71 | 0.79 | 0.82 |
Effective Rents (RMB/sqm/day)5,7 | 1.03 | 1.02 | 1.04 | 1.10 | 1.09 | 1.10 | 1.10 | 1.10 |
Lease ratio7 | 90% | 90% | 89% | 91% | 88% | 89% | 88% | 87% |
Net operating income margin5,6,7 | 75% | 76% | 75% | 75% | 76% | 75% | 76% | 74% |
Japan portfolio | ||||||||
Rents (JPY/sqm/mth) | 1,091 | 1,091 | 1,090 | 1,098 | 1,096 | 1,092 | 1,102 | 1,109 |
Effective Rents (JPY/sqm/mth)5 | 1,039 | 1,042 | 1,044 | 1,034 | 1,035 | 1,050 | 1,043 | 1,047 |
Lease ratio | 99% | 99% | 99% | 99% | 98% | 99% | 99% | 99% |
Net operating income margin5,6 | 87% | 87% | 87% | 87% | 87% | 86% | 86% | 86% |
US portfolio7 | ||||||||
Rents (USD/sqft/year)8 | 4.76 | 4.81 | 4.82 | 4.83 | 4.91 | |||
Effective Rents (USD/sqft/year)8 | 4.83 | 4.95 | 5.08 | 5.10 | 5.11 | |||
Lease ratio | 92% | 92% | 94% | 95% | 94% | |||
Net operating income margin6 | 70% | 71% | 74% | 75% | 71% | |||
Brazil portfolio | ||||||||
Rents (BRL/sqm/mth) | 19.1 | 19.6 | 20.0 | 20.4 | 20.6 | 20.7 | 21.1 | 21.9 |
Effective Rents (BRL/sqm/mth)5 | 20.3 | 20.3 | 20.6 | 20.8 | 21.7 | |||
Lease ratio | 97% | 98% | 98% | 97% | 94% | 95% | 95% | 92% |
Net operating income margin6 | 90% | 90% | 90% | 90% | 90% | 90% | 90% | 90% |
Global Logistic Properties Limited published this content on 19 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 May 2016 23:17:07 UTC.
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