ESR KendallSquare REIT

Financial Highlights

Asset
- Investment Property Size
  
  2.8KRW trn
  
  Based on the aggregated fair market values of
  18 state-of-the-art Logistics centers
  (As of Dec. 2023)
- Occupancy Rate
  
  100%
  
  As of the end of Dec. 2023
Debt
- Long-term Debt
  
  1.44KRW trn
  
  Based on the aggregated long-term borrowings of 18 assets (As of Dec. 2023)
- LTV
  
  51.9%
  
  Based on long-term borrowings/investment property appraisal values (As of Dec. 2023)
- Credit Rating
  
  A-
  
  Moody’s Korea (As of Oct. 27, 2023)
Equity
- Market Cap
  
  938KRW bn
  
  As of Mar 22, 2024
- DPS
  
  272KRW
  
  Based on aggregated DPS of FY2023 (FY7 + FY8)
- Market suggested NAV per share
  
  6,000KRW
  
  Based on Report from Shinhan Securities
  (Mar 04, 2024)

ESG

ESR KendallSquare REIT’s logistics center is committed to sustainable practices, fostering a positive impact on the community
and transparent governance, as part of the company’s overall focus on environmental, social, and governance (ESG) principles.