22 Ascendas Real Estate Investment Trust Annual Report 2005 Property Portfolio The Manager s objectives for A-REIT properties are to enhance their market positioning as the choice space in their respective areas in Singapore, to strengthen partnerships with tenants through proactive customer relationship management and to deliver stable returns to A-REIT. Ascendas Services Pte Ltd ( Ascendas Services ), a wholly-owned subsidiary of Ascendas Land (Singapore) Pte Ltd, is the appointed lease and property manager of most of A-REIT s properties. Headed by Mr Tan Yew Chin, Chief Executive Officer of Ascendas Services, the team is committed to deliver proactive and professional services. Front row: Daniel Tan (Assistant Vice President), Tan Yew Chin (Chief Executive Officer), Evelyn Toh (Assistant Manager), Tan Siew Cheng (Vice President) Back row: Steven Leow (Manager), Connie Ng (Senior Property Executive), Dennis Wong (Senior Manager), Ng Kian Tiong (Assistant Manager), Chee Han Hock (Assistant Vice President) Tenants Industry Sectors by Net Lettable Area
Ascendas Real Estate Investment Trust Annual Report 2005 23 Tenants Country of Origin by Net Lettable Area
24 Ascendas Real Estate Investment Trust Annual Report 2005 Business and Science Park Properties The seven business and science park properties make up 25% of the portfolio by value. Telepark, the latest addition to this asset class is largely occupied by SingTel, Asia s leading communications group. The Honeywell Building houses most of Honeywell s electronics business including its regional headquarters. Ultro Technologies, an electronics services provider leases all of the Ultro Building. The Alpha, The Aries, The Capricorn and The Gemini at Science Park II provide space for businesses involved in the research and development activities and information technology related business. Our service partner, Ascendas Services, is responsible for the lease and property management of our properties. Johnny Choo (Technician), Tay Mui Chin (Manager), Wong Tong Hock (Executive), Roy Koh (Senior Officer), Caroline Low (Leasing Officer), Freddie Thaiw (Senior Officer), Ong Li Li (Lease Executive)
Logistics Properties Ascendas Real Estate Investment Trust Annual Report 2005 25 The eleven logistics and distribution centre properties constitute 31% of the portfolio by value. They are C&P Logistics Hub, Changi Logistics Centre, CG Aerospace Building, FedEx Building, Freight Links (Changi) Building, Freight Links (Toh Guan) Building, IDS Logistics Corporate HQ, MacDermid Building, Nan Wah Building, Trivec Building and TT International Tradepark. These properties are located either near to the sea port in Jurong or close to the airport in Changi. They feature a good mix of multi-national and local tenants mainly in the logistics and distribution, pharmaceutical and electronics sectors. Rickson Wong (Technician), Daniel Loh (Executive), Loh Kar Yen (Executive), Regine Foo (Executive), Aidil Bin Maon (Technician)
26 Ascendas Real Estate Investment Trust Annual Report 2005 Hi-Tech Industrial Properties The eight hi-tech industrial properties make up 23% of the portfolio by value. Three of the properties, namely, Infineon Building, Kim Chuan Telecommunications Complex and Wisma Gulab are 100% leased to quality tenants, Infineon Technologies, SingTel and Royal Sporting House, respectively. Siemens occupies the majority of the Siemens Center that is currently enjoying 100% occupancy. Techlink, Techpoint, KA Centre and KA Place are multi-tenanted properties with tenants from the electronics, electrical machinery and telecommunications industry sectors. Our service partner, Ascendas Services, is responsible for the lease and property management of our properties. Ng Yeow Tong (Officer), Irene Seah (Officer), Balan K V (Executive), Azlin Bin Mohd Noor (Senior Property Executive), Yeong Siew Seng (Technician), Low Yoon Chuen (Senior Property Executive), Marcus See (Executive)
Light Industrial Properties Ascendas Real Estate Investment Trust Annual Report 2005 27 The ten light industrial properties contribute 21% of the portfolio by value. Six of the properties, Autron Building, OSIM HQ Building, Ghim Li Building, Exklusiv Centre, SB Building and Volex Building are leased to the respective tenants. The other four properties, namely Techplace I and II, Progen Building and Steel Industries Building are multi-tenanted buildings ideal for various types of light industrial activities. Tenants in these properties are largely from the electronics, machinery and information technology industry sectors. Toh Lay Gan (Manager), Chua Teck Huat (Assistant Manager), Adam Wu (Officer), Fiona Mah (Marketing Officer), Frankie Lo (Officer), Snain B. Johan (Technician), Dora Goh (Senior Leasing Assistant), Agnes Ong (Executive), Eunice Ow (Executive), Chua Hwee Ling (Assistant Manager)