PORTFOLIO DIVERSIFICATION
[3]
By Asset Class
By Geography
Nursing Homes
30.3%
Hospitals and
Medical Centres
67.7%
Portfolio of 3 strategically-located
world-class local private hospitals
worth S$1.05 billion
Distinct features of our Singapore
Hospital Properties
[3]
Long-term Master Leases with
Parkway Hospitals Singapore Pte.Ltd
15 + 15 years with effect from 23
August 2007
100% committed occupancy
Triple Net Lease Arrangement
Does not bear these costs: property
tax, property insurance
[4]
, property
operating expenses
Minimal exposure to inflation related
escalating operating expenses
Favourable Lease Structure
CPI +1% rent review formula for
Singapore Hospital Properties
guarantees minimum 1% rental
growth annually ( CPI deemed as
zero if it is negative)
Portfolio of high quality healthcare
assets worth S$8.3 million
Distinct features of our Malaysia
Properties
Gleneagles IntanMedical Centre, Kuala
Lumpur is well known in Kuala Lumpur
for providing quality medical care.
It enjoys full occupancy with a good
tenancy profile: Gleneagles Hospital
(Kuala Lumpur) Sdn. Bhd. and CIMB
Bank Berhad.
Portfolio of 37 high quality healthcare
properties worth S$439 million
Distinct features of our Japan
Properties
[3]
Favourable Lease Structure
Long-term lease structure with
weighted average lease term
to expiry (by gross revenue) of
13.24 years
“Up-only” Rental ReviewProvision
for most of our nursing homes
Master Tenanted
Signifies 100% committed
occupancy
Back-up operator arrangements
and rental/lease guarantees
for most of our nursing homes
provide further rental security
Pharmaceutical
Product Distributing
and Manufacturing
Facility
2.0%
SINGAPORE
JAPAN
MALAYSIA
%
%
%
67.0
32.3
0.7
[3]
Based on Gross Revenue
[4]
Except Property Damage Insurance for
Parkway East Hospital
37
A N N U A L R E P O R T 2 0 1 4
