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 5,496,938 5,205,713 5,849,526 5,544,640 126.2 131.2 158.4 160.8 United States of America (continued) Seven07 707 South Fourth Street, Champaign, Illinois 61820 Freehold Not applicable Not applicable Not applicable 120,280 117,946 120,280 117,946 2.8 3.0 3.3 3.4 Standard at Columbia(17) 1401 Assembly Street, Columbia, South Carolina 29201 Freehold Not applicable Not applicable Not applicable 158,000 128,707 158,000 128,707 3.6 3.2 4.3 3.7 Uncommon Wilmington 2421 Playa Way, Wilmington, North Carolina 28403 Freehold Not applicable Not applicable Not applicable 74,562 77,516 74,562 77,516 1.7 2.0 2.0 2.2 Wildwood Lubbock 1701 N. Quaker Avenue, Lubbock, Texas, 79416 Freehold Not applicable Not applicable Not applicable 110,990 107,737 110,990 107,737 2.5 2.7 3.0 3.1 Balance carried forward 5,960,770 5,637,619 6,313,358 5,976,546 136.8 142.1 171.0 173.2 (17) On 30 November 2022, the CapitaLand Ascott REIT Group acquired Standard at Columbia from TAHL PBSA Venture Pte Ltd, a related corporation. The valuation was based on direct capitalisation method. The accompanying notes form an integral part of these financial statements. PORTFOLIO STATEMENTS As at 31 December 2023 184 CAPITALAND ASCOTT TRUST
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