LOGISTICS PARKS Logistics Park Lease Expiry Profile The logistics park leases due in the next two years in FY 2025 and FY 2026 account for 57.1% and 9.1% of CLCT’s logistics park portfolio GRI respectively. CLCT will continue to adopt proactive lease management strategies to renew or replace these leases ahead of expiry. The WALE and lease expiry profile by logistics park property are as follows: Weighted Average Lease Expiry by Logistics Park Property (as at 31 December 2024) Weighted Expiry (by Gross Rental Income) Years Weighted Expiry (by Net Lettable Area) Years Shanghai Fengxian Logistics Park 8.0 8.0 Chengdu Shangliu Logistics Park 1.3 1.3 Wuhan Yangluo Logistics Park 1.0 1.0 Kunshan Bacheng Logistics Park 1.6 1.6 CLCT Logistics Park Portfolio 2.6 2.9 Lease Expiry Profile for 2025 by Logistics Park Property (as at 31 December 2024) No. of leases % of Gross Rental Income % of Net Lettable Area Shanghai Fengxian Logistics Park 0 0.0% 0.0% Chengdu Shangliu Logistics Park 22 45.5% 44.0% Wuhan Yangluo Logistics Park 6i 99.9% 99.9% Kunshan Bacheng Logistics Park 4i 65.5% 63.8% CLCT Logistics Park Portfolio 32 57.1% 56.1% i Includes leases for ancillary buildings. Logistics Park Occupancy As at 31 December 2024, the logistics park portfolio registered a committed occupancy rate of 97.6%, exceeding China’s average logistics park occupancy rate of 78.0%7. CLCT’s portfolio is anchored by tenants from the Logistics and Warehousing, Manufacturing, and E-Commerce sectors. CLCT remains well-positioned to benefit from China’s growing demand for modern logistics park and warehousing space. In 4Q 2024, CLCT secured a master lease with a third-party logistics tenant to occupy the entire Shanghai Fengxian Logistics Park, achieving full occupancy for the park and increasing the overall logistics park portfolio’s occupancy rates to 97.6%. Committed Occupancy Rates As at 31 December 2024 % As at 31 December 2023 % Shanghai Fengxian Logistics Park 100.0 60.3 Chengdu Shangliu Logistics Park 90.7 67.8 Wuhan Yangluo Logistics Park 99.7 99.7 Kunshan Bacheng Logistics Park 100.0 98.5 CLCT Logistics Park Portfolio 97.6 82.0 7 Colliers China Independent Market Research for CLCT’s Annual Report 2024. 33 Annual Report 2024
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