18 STRATEGICALLY ADVANCING April • Announced divestment of 182-198 Maidstone Street in Australia at 7.4% premium to valuation • Announced interim business update for financial quarter ended 31 March 2024 • Co-organised with SIAS a Pre-AGM Unitholder dialogue as part of ESR-REIT’s regular retail investor engagement initiative • 15th Annual General Meeting held on 30 April 2024 with all resolutions approved by Unitholders • Completed divestment of 182-198 Maidstone Street in Australia • Awarded Best Real Estate Award at SBR National Business Awards 2024 by Singapore Business Review as recognition to ESR-REIT’s successful execution of its 4R Strategy • Participated as a panellist at the SGX-APREA Global REIT Roundtable conference • Participated in a beach clean-up at East Coast Park together with residents of Kembangan-Chai Chee as part of ESR-REIT’s CSR initiatives May • Participated in the annual REITs Symposium 2024 jointly organised by ShareInvestor, InvestingNote and REITAS • Participated in Corporate Insight session organised by Phillip Securities to engage with trading representatives • Participated as a panellist at the “Sustainable Smart Property Strategies for a Higher for Longer Interest Rate Environment” seminar organised by REITAS and Knight Frank Singapore • Awarded Best Real Estate Manager award at the AsianInvestor Asset Management Award 2024 as recognition to ESR-REIT’s execution of its 4R Strategy • Participated in Citi’s 2024 Macro & Pan-Asia Regional Conference • Participated in the DBS-REITAS Private Banking Luncheon June • Co-hosted a delegation from the Taiwan Securities and Futures Institute together with REITAS as part of its cross-border engagement and collaboration initiative • Participated in the HSBC 8th Annual Asia Credit Conference held in Hong Kong January • Announced build-to-suit redevelopment at 21B Senoko Loop for NTS Singapore attained TOP status • Announced signing of new 20-year master lease with PharmaGend Global Medical Services Pte. Ltd. at 3 Tuas South Avenue 4 February • Announced results for the financial year ended 31 December 2023: Distribution per Unit (“DPU”) dipped 14.7% y-o-y to 2.564 cents mainly due to new units issued for equity fund raising in FY2023 and divestments of non-core assets • Announced signing of subscription agreement with ESR Japan Income Fund, SCSp, in relation to the investment of US$70.0 million in ESR Japan Income Fund in conjunction with FY2023 financial results • Participated in SIAS Corporate Connect Webinar • Participated in Singapore REITs Day investor conference in Bangkok, Thailand, organised by REITAS, SGX Group and Maybank • Participated in a non-deal roadshow in Hong Kong, organised by HSBC March • Entered into a S$200 million sustainability-linked unsecured revolving credit facility, being ESR-REIT’s inaugural sustainability-linked loan • Participated in Citi’s 2024 Global Property CEO Conference in Florida, USA • Participated in a non-deal roadshow in Tokyo, Japan, organised by Mizuho YEAR IN BRIEF
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