CapitaLand Ascott Trust - Investor Relations: News

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Notice Of Valuation Of Real Assets - Asset Valuation

BackJan 30, 2020

Announcement Title

Notice of Valuation of Real Assets

Date & Time of Broadcast

Jan 30, 2020 7:00

Status

New

Announcement Sub Title

Asset Valuation

Announcement Reference

SG200130OTHRY779

Submitted By (Co./ Ind. Name)

Karen Chan

Designation

Company Secretary, Ascott Residence Trust Management Limited

Description (Please provide a detailed description of the event in the box below)

The attached announcement issued by Ascott Residence Trust Management Limited (as manager of Ascott Real Estate Investment Trust) and Ascott Business Trust Management Pte. Ltd. (as trustee-manager of Ascott Business Trust), is for information.

Additional Details

Valuation Details

Date of Valuation	Name of the Valuer	Description of Property	Valuation Currency	Valuation Amount
31/12/2019	HVS	Please refer to the attached announcement for the details of the seventy properties.	Singapore Dollar	4,553,413,927
31/12/2019	JLL Morii Valuation & Advisory K.K.	Please refer to the attached announcement for the details of the five properties.	Singapore Dollar	715,572,000
31/12/2019	Cushman & Wakefield (Valuations) Pty Ltd	Please refer to the attached announcement for the details of the six properties.	Singapore Dollar	584,583,300
31/12/2019	Cushman & Wakefield VHS Pte Ltd	Please refer to the attached announcement for the detail of Park Hotel Clarke Quay.	Singapore Dollar	325,000,000
31/12/2019	Knight Frank Pte Ltd & HVS	Please refer to the attached announcement for the detail of Somerset Liang Court.	Singapore Dollar	303,550,000
31/12/2019	CBRE Korea Co., Ltd.	Please refer to the attached announcement for the details of the two properties.	Singapore Dollar	190,104,300
31/12/2019	Not applicable - 2 China properties are valued based on selling price, net of transaction costs pursuant to the signing of SPAs on 18 Dec 2019.	Please refer to the attached announcement for the details of the two properties-Citadines Xinghai and Citadines Zhuankou.	Singapore Dollar	94,352,040

Valuation of Reports available for inspection at address during office hours

168 Robinson Road #30-01 Capital Tower, Singapore 068912

Reports available till date

29/04/2020

Additional Information

Please refer to the attached announcement for additional information.

Attachments

Attachment 1 (Size: 720,909 bytes)