Portfolio Statements As at 31 December 2024 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 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 $’000 $’000 $’000 $’000 % % % % Balance brought forward 471,205 502,374 471,205 502,374 10.7 11.7 12.6 13.6 China (continued) Somerset Grand Central Dalian No. 128-2 Jinma Road, Dalian Development Area, Dalian 116600 Leasehold 50 years 32 years 33 years 63,867 69,308 63,867 69,308 1.5 1.6 1.7 1.9 Somerset Heping Shenyang 80 Taiyuan North Street, Heping District, Shenyang 110000 Leasehold 40 years 22 years 23 years 45,288 51,835 45,288 51,835 1.0 1.2 1.2 1.4 Somerset Olympic Tower Property Tianjin(1) 126 Chengdu Road, Heping District, Tianjin 300051 Leasehold 70 years 38 years 39 years – 51,367 – 51,367 – 1.2 – 1.4 Balance carried forward 580,360 674,884 580,360 674,884 13.2 15.7 15.5 18.3 (1) As at 31 December 2024, the investment property was reclassified to “Assets and liabilities held for sale” (Note 14), pursuant to the planned divestment of this property which was entered into and to be completed in the second quarter of 2025. The accompanying notes form an integral part of these financial statements. 129 Annual Report 2024
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