Operations Review SERVICED RESIDENCES GROSS RENTAL INCOME (AUD’000) REVENUE PER AVAILABLE UNIT (AUD) FY 2024 FY 2023 FY 2024 FY 2023 Properties under master leases Quest Campbelltown 1,741 1,691 – – Quest Cannon Hill 2,186 2,093 – – Quest Macquarie Park 2,659 2,969 – – Quest Mascot 1,853 1,880 – – Quest Sydney Olympic Park 3,439 2,816 – – Properties under management contracts Citadines on Bourke Melbourne 18,949 19,929 133 140 Citadines Connect Sydney Airport 7,013 7,592 126 138 Citadines St Georges Terrace Perth 4,637 4,647 149 150 HOTELS HOTEL REVENUE (AUD’000) REVENUE PER AVAILABLE UNIT (AUD) FY 2024 FY 2023 FY 2024 FY 2023 Properties under management contracts Courtyard by Marriott Sydney-North Ryde1 815 12,698 105 144 Novotel Sydney Parramatta2 9,929 14,675 149 149 Pullman and Mercure Brisbane King George Square 38,590 35,261 164 144 Pullman and Mercure Melbourne Albert Park 29,967 27,298 112 105 Pullman Sydney Hyde Park 29,113 28,145 234 226 Sydney Central Hotel 24,809 26,735 175 198 1. The divestment of the property was completed on 31 January 2024; hence the hotel revenue and RevPAU stated for FY 2024 are for 1 January 2024 to 31 January 2024. 2. The divestment of the property was completed on 2 September 2024; hence the hotel revenue and RevPAU stated for FY 2024 are for 1 January 2024 to 2 September 2024. 28 CapitaLand Ascott Trust
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