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 3,745,535 3,635,788 3,745,535 3,635,788 85.5 83.7 100.4 98.5 Singapore (continued) The Robertson House by The Crest Collection 1 Unity Street, Singapore 237983 Leasehold 99 years 81 years 82 years – – 353,906 352,588 – – 9.5 9.5 Spain Citadines Ramblas Barcelona Ramblas 122, 08002 Barcelona Freehold Not applicable Not applicable Not applicable 72,136 71,332 72,136 71,332 1.6 1.6 1.9 1.9 United Kingdom Citadines Barbican London 7-21 Goswell Road, London EC1M 7AH Freehold Not applicable Not applicable Not applicable 84,745 84,835 84,745 84,835 1.9 1.9 2.3 2.3 Citadines Holborn-Covent Garden London 94-99 High Holborn, London WC1V 6LF Freehold Not applicable Not applicable Not applicable 186,582 165,257 186,582 165,257 4.3 3.8 5.0 4.5 Citadines South Kensington London 35A Gloucester Road, London SW7 4PL Freehold Not applicable Not applicable Not applicable 75,172 76,060 75,172 76,060 1.7 1.7 2.0 2.1 Citadines Trafalgar Square London 18/21 Northumberland Avenue, London WC2N 5EA Freehold Not applicable Not applicable Not applicable 194,762 192,702 194,762 192,702 4.4 4.4 5.2 5.2 The Cavendish London(10) 81 Jermyn St, St. James’s, London SW1Y 6JF Leasehold 150 years 134 years 135 years 370,686 366,269 370,686 366,269 8.5 8.4 9.9 9.9 Balance carried forward 4,729,618 4,592,243 5,083,524 4,944,831 107.9 105.5 136.2 133.9 (10) On 30 November 2023, the CapitaLand Ascott REIT Group acquired The Cavendish London from Ascott (Jersey) Limited, a related corporation. The valuation was based on discounted cash flow method. The accompanying notes form an integral part of these financial statements. 138 CapitaLand Ascott Trust
RkJQdWJsaXNoZXIy NTkwNzg=