ASSET PORTFOLIO
Investment in Hektar

As at 30 September 2017, FCT holds 31.15% of the units in Hektar Real Estate Investment Trust (“H-REIT”). H-REIT, an associate of FCT, is a retail-focused REIT in Malaysia listed on the Main Market of Bursa Malaysia Securities Berhad.

Its property portfolio comprises Subang Parade (Selangor), Mahkota Parade (Melaka), Wetex Parade (Johor), Central Square (Kedah), Landmark Central (Kedah) and Segamat Central (Johor). H-REIT acquired Segamat Central (Johor), previously known as 1Segamat, on 18 September 2017.

The properties in H-REIT portfolio have a total net lettable area of 2.0 million square feet.

More information on H-REIT’s portfolio can be found from its website

Hektar Property Profile# (as at 31 December 2016)

Selected Property Highlights Subang Parade Mahkota Parade Wetex Parade  Central Square  Landmark Central Segamat Central* 

 State

 Selangor

 Melaka

 Johor

 Kedah

Kedah 

 Johor

 Title

 Freehold

 Leasehold(a)

 Freehold

 Freehold

 Freehold

Leasehold(b)

 Net Lettable Area (Retail) 

 507,150 sq ft

 519,542 sq ft

 159,153 sq ft

 311,230 sq ft

 281,388 sq ft

 223,439 sq ft(c)

 Occupancy

 93.0%

 96.4%

 100.0%

 96.6%

 98.9%

 95.9%(c)

 Visitor Traffic FY2016

 9.2 million

 9.4 million

 4.6 million

3.9 million

 3.0 million

 N.A.

 Purchase Price (RM)

 287.0 million

 257.5 million

 117.5 million

 83.3 million

 98.0 million

 104.0 million

 Valuation (RM)

 427.2 million

 322.4 million

 135.2 million

95.7 million

 112.0 million

 105.0 million(d)

(a) Leasehold is until year 2101
(b) Leasehold is until year 2100
(c) as at 30 June 2017
(d) as at 22 June 2017
* Segamat Central was acquired by H-REIT on 18 September 2017
# Source: H-REIT Annual Report 2016 and its website at http://www.hektarreit.com/ [accessed: 8 November 2017]