Download Full Report - Ascendas REIT
Download Full Report - Ascendas REIT
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A-<strong>REIT</strong> Structure<br />
HSBC INSTITUTIONAL<br />
TRUST SERVICES<br />
(SINGAPORE) LIMITED<br />
(A-<strong>REIT</strong> Trustee)<br />
UNITHOLDERS<br />
Acts on behalf<br />
of Unitholders<br />
Trustee<br />
Fee<br />
PROPERTIES<br />
Distributions<br />
Ownership of Assets<br />
Investment in A-<strong>REIT</strong><br />
Net Property Income<br />
Management Fees<br />
Management Services<br />
20.7%<br />
ASCENDAS<br />
GROUP<br />
Property<br />
Management<br />
Fees<br />
Property<br />
Management<br />
Services<br />
100%<br />
100%<br />
ASCENDAS FUNDS MANAGEMENT<br />
(S) LIMITED<br />
(A-<strong>REIT</strong> MANAGER)<br />
(<strong>Report</strong>s to AFM Board of Directors)<br />
ASCENDAS SERVICES PTE LTD (”ASPL”)<br />
(PROPERTY MANAGER)<br />
(<strong>Report</strong>s to ASPL Board of Directors)<br />
Responsible for<br />
Responsible for<br />
STRATEGIES<br />
Capital & Risk<br />
Management<br />
• Equity funding<br />
• Debt funding<br />
• Interest rate<br />
risk management<br />
• Optimise capital<br />
structure<br />
Proactive<br />
Asset<br />
Management<br />
• Portfolio<br />
positioning and<br />
strategies<br />
• Supervise<br />
execution of asset<br />
management<br />
activities<br />
Value Adding<br />
Investments<br />
• Yield accretive<br />
acquisitions<br />
• Built-to-Suit<br />
projects<br />
• Development<br />
Responsible for<br />
OUTCOME Stability Growth<br />
Revenue Management<br />
• Occupancy improvements<br />
• Rental rates improvements<br />
Expense Management<br />
• Efficiency improvements<br />
• Cost management<br />
Property Management<br />
• Property maintenance service<br />
• Site staff management<br />
Customer Care<br />
• Customer retention<br />
• Customer satisfaction<br />
TOTAL<br />
RETURNS<br />
Predictable Income<br />
Capital Stability<br />
04 <strong>Ascendas</strong> real estate investment trust
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