124
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
3,014,856 2,461,374 137.7 116.7
France
Citadines City Centre Lille
(10)
Avenue Willy Brandt –
Euralille, 59777 Lille
Freehold
Not
applicable
Not
applicable
Not
applicable
15,422 16,847
0.7
0.8
Citadines City Centre
Grenoble
(10)
9-11 rue de Strasbourg
38000 Grenoble
Freehold
Not
applicable
Not
applicable
Not
applicable
11,229 13,121
0.5
0.6
Citadines Suites Louvre Paris
(10)
8 rue de Richelieu,
75001 Paris
Freehold
Not
applicable
Not
applicable
Not
applicable
47,793 52,292
2.2
2.5
Citadines Trocadéro Paris
(10)
29 bis, rue Saint-Didier,
75116 Paris
Freehold
Not
applicable
Not
applicable
Not
applicable
43,315 43,107
2.0
2.0
Citadines Presqu'île Lyon
(10)
2 rue Thomassin,
69002 Lyon
Freehold
Not
applicable
Not
applicable
Not
applicable
20,512 20,541
0.9
1.0
Citadines Place d’ltalie Paris
(10)
18 place d’ltalie,
75013 Paris
Freehold
Not
applicable
Not
applicable
Not
applicable
53,452 51,822
2.5
2.5
Citadines Montmartre Paris
(10)
16 avenue Rachel,
75018 Paris
Freehold
Not
applicable
Not
applicable
Not
applicable
35,485 37,566
1.6
1.8
Citadines Tour Eiffel Paris
(10)
132 boulevard de Grenelle,
75015 Paris
Freehold
Not
applicable
Not
applicable
Not
applicable
70,520 68,523
3.2
3.3
Balance carried forward
3,312,584 2,765,193 151.3 131.2
(10)
As at 31 December 2015, these 20 serviced residence properties are leased to related corporations under master lease arrangements.
The accompanying notes form an integral part of these financial statements.
