Director, Ryunosuke Konishi PLAY LIST from the beginning Financial Results for the 7th Fiscal Period ("FP") Ending in August 2019 Table of Contents 01 Operational Highlights Operational Highlights Increased total return : Growth in stabilized DPU and Capital Gain Realizing accelerated growth in unitholder value through active management External Growth that leads to higher unitholder value Excess returns through value add lease up from LP Amagasaki Investment Strategy to enable DPU growth of over 4% per year Diverse strategic options utilizing pipeline properties Portfolio occupancy was 98.8%, maintaining highest level since IPO Steadily closing the rent gap Acquisition capacity of 18bn yen through 2 public offerings Toward a complete results-linked compensation system that encourages the growth of DPU and NAV ESG : Achieving High Scores from External Organizations 02 7th FP Financial Results Increasing Investor Value by Accumulating Steady Investment Results 8/31/2019 (7thFP) Financial Results 2/29/2020 (8thFP) Financing Results Guidance 8/31/2020 (9thFP) Financial Results Guidance 03 Current Status of the Portfolio Portfolio Summary Summary of New Acquisitions A series of initiatives including public offerings (1) A series of initiatives including public offerings (2) Internal Growth : Property Operations Track Record (1) Internal Growth : Property Operations Track Record (2) Leasing Strategy Going Forward Results of Excess Return Investment from LP Amagasaki Portfolio Overview (1) Occupancy Rates, Fixed Term Lease Ratios, Weighted Average Lease Expiries (“WALE”) Portfolio with effective tenant diversification Financial Management Overview Financial Management: Lengthening out loan terms, fixing rates, controlling LTV 04 Logistics Market Outlook Tokyo Area Logistics Market Osaka Area Logistics Market Tokyo / Osaka Area Submarket Vacancy Rate and Supply Outlook 05 Appendix Features of LaSalle LOGIPORT REIT Portfolio Composition LaSalle Group is a leading company in real estate core investments LaSalle Group’s Track Record for Developing Logistics Facilities in Japan Investment policy that focuses on locations and specifications as a source for maintaining property competitiveness Features of “Prime Logistics” ESG Initiatives (1) ESG Initiatives (2) ESG Initiatives (3) Governance Structure Emphasizing Unitholders’ Interest and Transparency Property Close Up : Features of LP Higashi Ogishima 1/3 Property Close Up : Features of LP Higashi Ogishima 2/3 Property Close Up : Features of LP Higashi Ogishima 3/3 Logistics Real Estate Stock Specific needs related to logistics real estate (Reference) Portfolio level per tsubo rents vs. Occupancy and their sensitivity to DPU growth Fund Summary P&L on a per property basis (1) P&L on a per property basis (2) Income Statement and Balance Sheet Unitholders Summary LaSalle LOGIPORT REIT’s Structure Disclaimer Q&A Equity Analyst 1 Equity Analyst 2 Equity Analyst 3 Equity Analyst 4 Back Next
