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Information
Ascott Residence Trust
Annual Report 2015
Portfolio Statements
As at 31 December 2015
Trust
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
%
Serviced residence properties
Singapore
Somerset Liang Court
Property Singapore
No. 177B River Valley Road,
Singapore 179032
Leasehold 97 years 61 years 62 years 207,544 206,701
12.9 12.3
Citadines Mount Sophia
Property Singapore
8 Wilkie Road, #01-26
Wilkie Edge, Singapore 228095
Leasehold 96 years 89 years 90 years 133,002 132,730
8.2
7.9
Ascott Raffles Place
Singapore
No. 2 Finlayson Green,
Singapore 049247
Leasehold 999 years 875 years –
877 years
876 years –
878 years
222,545 219,262
13.8 13.1
Portfolio of serviced residence properties
563,091 558,693
34.9 33.3
Other assets and liabilities (net)
1,448,530 1,269,811
89.7 75.6
Net assets of Trust
2,011,621 1,828,504 124.6 108.9
Perpetual securities
(397,094)
(149,351)
(24.6)
(8.9)
Unitholders’ funds
1,614,527 1,679,153 100.0 100.0
The accompanying notes form an integral part of these financial statements.
