Investor and Analyst Meetings

August 2016

GLP - Leading Global Provider of Modern Logistics Facilities
  • GLP's US$38 billion1

    NAV breakdown3

    property portfolio encompasses 52 million

    sqm (560 million sq ft) of logistics facilities across China, Japan, US and Brazil

  • GLP's growth strategy is centered on being the best operator, creating value through developments and expanding its global footprint via its fund management platform

  • GLP is a SGX-listed company (stock code: MC0.SI) with a Corporate

    3%

    China 56%

    Japan

    market capitalization of US$6 billion2; GIC is the largest single

    investor in GLP

  • GLP provides investors with an opportunity to capitalize on the fast-growing logistics industry in the largest and most rapidly expanding markets across the globe

Brazil 6%

US 6%

29%

GLP Park Suzhou

China

GLP Park Tokyo Japan

GLP San Francisco Bay Area California, USA

GLP Park Colgate & Elog

Brazil

Note:

  1. As of 30 June 2016

  2. As of 31 July 2016 2

  3. Pro-forma NAV assuming GLP's 10% equity stake in GLP US Income Partners II

GLP Global Footprint

China

  • Presence in 38 cities

  • 27.0m sqm total area

  • 15.2m sqm completed

  • 11.8m sqm development pipeline

  • 11.9m sqm land reserves

    United States of America

    Presence in 32 key markets

    16.0m sqm total and completed area

  • Fast-growing logistics market supported by domestic consumption growth

  • Limited supply of modern logistics facilities

    Japan

  • 90% in Tokyo and Osaka

  • 5.7m sqm total area

  • 4.6m sqm completed

  • 1.1m sqm development pipeline

  • Demand outstripping supply

  • 5 consecutive years of positive net absorption

    • Well-established logistics industry

    • Scarcity of modern logistics facilities

      Brazil

      • 90% in São Paulo and Rio de Janeiro

      • 3.6m sqm total area

        Development Completions

        FY17 Target (100%)

        FY17 Target (GLP Share)

        % of Portfolio1

        China

        US$1.2bn

        US$590m

        12%

        Japan

        US$265m

        US$200m

        3%

        Brazil

        US$50m

        US$20m

        3%

        Total

        US$1.5bn

        US$800m

        8%

      • 2.5m sqm completed

      • 1.1m 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 30 June 2016

    3

    1Q FY17 Highlights
    • 1Q FY17 earnings (PATMI) of US$203 million

      - Group core earnings1 up 7%, led by solid operational performance and continued fund management growth

      Continued Operational Momentum Customer-Driven Development Growing Fund Management Platform
    • Lease ratio: 91%, down 1% qoq

    • Same-property net operating income up 7.9%

    • Customer retention ratio: 71%

    • Development profit : US$65 million (GLP share)

      • Development profit margin: 30%

      • Met 32% of FY17E target of US$200 million2

    • Strong capital discipline - development decisions driven by demand

    • Fund management fees: US$42 million3, up 17%

    • Continued expansion of fund management platform in US and Japan

    • Uncalled capital of US$12 billion will generate additional fund management fees

Note:

  1. Core earnings includes revaluation changes related to development profit (recurring part of GLP's earnings stream) and NOI growth. To enable comparability, core earnings adjusts non-recurring 4

    items such as revaluation changes related to cap rate and discount rate adjustments, foreign exchange gains/losses and gains/losses from dispositions. Please refer to page 11 of the 1Q FY17

    supplemental for further information

  2. Based on FY17 expected completions of approximately US$800 million (GLP share) and 25% target development profit margin

  3. Asset and development fees earned from approximately US$25 billion of invested capital

Global Logistic Properties Limited published this content on 16 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 August 2016 10:30:04 UTC.

Original documenthttp://phx.corporate-ir.net/external.file?t=2&item=o8hHt16027g9XhJTr8+weNRYaV9bFc2rMd0Q/AXw4zsEt+LHEJJXQ/GWVARktJWf04THSIRXtx48BLp7uD60eXuu7/hesev5iTQWt6v9aURtrnXgXF19g91OEXB++Ut0p0LkfH+9ZokoaXCDjZwA0w==&cb=636069391578815564

Public permalinkhttp://www.publicnow.com/view/07AEC7CB165B29F0359275DD2EBB3F445C85059C