120
Ascott Residence Trust
Annual Report 2015
Portfolio Statements
As at 31 December 2015
By Geography
(continued)
Group
(continued)
Description of Property
Location
Tenure of
Land
Term of
Lease
Remaining
Term of Lease
At Valuation
Percentage of
Unitholders’ funds
2015
2014
2015
$’000
2014
$’000
2015
%
2014
%
Balance brought forward
1,941,881 1,715,371
88.7 81.3
Japan
(continued)
Zesty Shin Ekoda Tokyo*
1-2-2 Toyotamakami,
Nerima-ku, Tokyo
Freehold
Not
applicable
Not
applicable
Not
applicable
3,430
3,411
0.1
0.2
Zesty Shoin Jinja Tokyo*
4-3-3 Setagaya,
Setagaya-ku, Tokyo
Freehold
Not
applicable
Not
applicable
Not
applicable
3,844
3,511
0.2
0.2
Zesty Shoin Jinja II Tokyo*
4-5-4 Setagaya,
Setagaya-ku, Tokyo
Freehold
Not
applicable
Not
applicable
Not
applicable
4,385
4,206
0.2
0.2
Actus Hakata V-Tower
3-15-10 Hakata Ekimae, Hakata-ku,
Fukuoka
Freehold
Not
applicable
Not
applicable
Not
applicable
41,083 39,368
1.9
1.9
Big Palace Kita 14jo
4-1-6 Kita14jo Nishi, Kita-ku,
Sapporo
Freehold
Not
applicable
Not
applicable
Not
applicable
17,035 16,229
0.8
0.8
Grand Mire Miyamachi
(3)
1-1-62, Miyamachi, Aoba-ku,
Sendai
Freehold
Not
applicable
–
Not
applicable
–
10,775
–
0.5
Grand Mire Shintera
(3)
4-9-37, Shintera, Wakabayashi-ku,
Sendai
Freehold
Not
applicable
–
Not
applicable
–
6,525
–
0.3
Gravis Court Kakomachi
13-10, Kakomachi, Naka-ku,
Hiroshima
Freehold
Not
applicable
Not
applicable
Not
applicable
6,768
6,447
0.3
0.3
Gravis Court Kokutaiji
2-1-9, Kokutaijimachi, Naka-ku,
Hiroshima
Freehold
Not
applicable
Not
applicable
Not
applicable
5,041
4,725
0.2
0.2
Gravis Court Nishiharaekimae 8-38-10, Nishihara, Asaminami-ku,
Hiroshima
Freehold
Not
applicable
Not
applicable
Not
applicable
4,259
3,941
0.2
0.2
Balance carried forward
2,027,726 1,814,509
92.6 86.1
* collectively known as “Zenith Residences”
(3)
On 30 September 2015, the Group completed the sale of the trust beneficiary interest of six rental housing properties to Samty Co., Ltd, an unrelated third party. The valuations were based on the direct
capitalisation method.
The accompanying notes form an integral part of these financial statements.
