Investor and Analyst Meetings‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌

February 2017

GLP - Leading Global Provider of Modern Logistics Facilities

NAV breakdown1

  • Fund manager, developer and owner-operator of modern logistics facilities and solutions

  • Own and operate a US$38 billion global portfolio of 54 million sqm (570 million sq ft)

  • US$38 billion fund management platform is a key area of growth going forward

    • US$26 billion invested; US$12 billion of uncalled capital will drive further growth of fund fees

  • GLP is a SGX-listed company (stock code: MC0.SI) with a market capitalization of US$8 billion2; GIC is the largest single investor in GLP

Corporate 3%

Brazil 7%

China 57%

Japan 25%

US 8%

GLP Park Suzhou

China

GLP Tokyo II Japan

GLP San Francisco Bay Area California, USA

GLP Park Colgate & Elog

Brazil

Note:

  1. Pro-forma NAV assuming GLP's ~10% equity stake in GLP US Income Partners III

  2. As of 10 February 2016 2

GLP Global Footprint

China

  • Presence in 38 cities

  • 27.7m sqm total area

  • 16.5m sqm completed

  • 11.2m sqm development pipeline

  • 11.7m sqm land reserves

    United States of America

    Presence in 32 key markets

    16.1m sqm total and completed area2

  • Fast-growing logistics market supported by domestic consumption growth

  • Limited supply of modern logistics facilities

    Japan

  • 90% in Tokyo and Osaka

  • 6.2m sqm total area

  • 4.6m sqm completed

  • 1.6m sqm development pipeline

  • Demand outstripping supply

  • 5 consecutive years of positive net absorption

    • Well-established logistics industry

    • Scarcity of modern logistics facilities

      Brazil

      • 91% in São Paulo and Rio de Janeiro

        Development Completions

        FY17 Target (100%)

        FY17 Target (GLP Share)

        % of Portfolio1

        China

        US$1.2bn

        US$590m

        12%

        Japan

        US$265m

        US$195m

        3%

        Brazil

        US$50m

        US$20m

        3%

        Total

        US$1.5bn

        US$805m

        8%

      • 3.6m sqm total area

      • 2.7m sqm completed

      • 0.9m sqm development pipeline

      • Companies shifting from owning warehouses to leasing amid continued efforts to improve supply chain efficiency

Note:

  1. Based on GLP's completed portfolio in the respective countries as of 31 December 2016

    3

    GLP Business Model
    • US$38 billion fund management platform

    • 3Q FY17 fund fees: US$45 million1

    • Enhances GLP's returns by 300-500 bps

    • FY17 development completions:

      ~US$800 million (GLP share)

    • Development margin upon stabilization: 25%

      FUND MANAGEMENT

      GLP partners with world class investors to grow its network. Its fund management platform enhances returns while enabling GLP to grow faster.

      "NETWORK EFFECT"

      DEVELOPMENT

      GLP builds to meet market demand and serve customers' needs. It generates significant value through development.

    • Lease ratio: 92%

    • Customer retention ratio: 73%

    • Domestic consumption: ~90% of overall portfolio

OPERATIONS

GLP owns and manages modern logistics facilities. Operations is the foundation of its business model.

Note:

1. Does not include performance fees

4

Global Logistic Properties Limited published this content on 14 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 February 2017 09:43:12 UTC.

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