At Valuation Percentage of Stapled Securityholders’ funds Description of Property Location Tenure of Land Term of Lease Remaining Term of Lease Stapled Group CapitaLand Ascott REIT Group Stapled Group CapitaLand Ascott REIT Group 2023 2022 2023 2022 2023 2022 2023 2022 2023 2022 $’000 $’000 $’000 $’000 % % % % Balance brought forward 376,914 376,249 376,914 376,249 8.7 9.4 10.2 11.0 Belgium Citadines Sainte-Catherine Brussels 51 quai au Bois à Brûler, 1000 Brussels Freehold Not applicable Not applicable Not applicable 40,433 28,356 40,433 28,356 0.9 0.7 1.1 0.8 Citadines Toison d’Or Brussels 61-63 avenue de la Toison d’Or, 1060 Brussels Freehold Not applicable Not applicable Not applicable 32,808 24,904 32,808 24,904 0.8 0.6 0.9 0.7 China Citadines Xinghai Suzhou Block 27, Jiacheng Gardens, 58 Xinghai Street, Suzhou Industrial Park, Suzhou 215021 Leasehold 70 years 43 years 44 years 22,080 25,499 22,080 25,499 0.5 0.6 0.6 0.7 Citadines Zhuankou Wuhan 159 Dongfeng Avenue (Xianglong Business Centre Zone C), Wuhan Economic and Technological Development Zone, Wuhan 430056 Leasehold 40 years 20 years 21 years 30,139 35,494 30,139 35,494 0.8 1.0 0.8 1.0 Balance carried forward 502,374 490,502 502,374 490,502 11.7 12.3 13.6 14.2 The accompanying notes form an integral part of these financial statements. PORTFOLIO STATEMENTS As at 31 December 2023 Overview Sustainability & Governance Leadership Portfolio & Performance Financial Statements and Other Information ANNUAL REPORT 2023 171
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