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Notice Of Valuation Of Real Assets - Asset Valuation

Back24 Jan 2019
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Jan 24, 2019 7:01
Status New
Announcement Sub Title Asset Valuation
Announcement Reference SG190124OTHR3C6A
Submitted By (Co./ Ind. Name) Lee Ju Lin, Audrey
Designation Company Secretary, CapitaLand Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below) The attached announcement issued by CapitaLand Commercial Trust Management Limited for CapitaLand Commercial Trust on the above matter, is for information.
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
31/12/2018 Knight Frank Pte Ltd, CBRE Pte. Ltd. and Cushman & Wakefield VHS Pte. Ltd. Please refer to the attached announcement for details of the five properties. Singapore Dollar 7,049,700,000
31/12/2018 Cushman & Wakefield VHS Pte. Ltd. One George Street (OGS), 1 George Street. CCT's 50% interest in OGS amounts to S$569.5 million. Singapore Dollar 1,139,000,000
31/12/2018 Jones Lang LaSalle Property Consultants Pte Ltd CapitaSpring (CS), 86 & 88 Market Street. CCT's 45% interest in CS redevelopment amounts to S$472.5 million. Singapore Dollar 1,050,000,000
31/12/2018 Cushman & Wakefield LLP Gallileo, Gallusanlage 7, NeckarstaBe 5, 60329 Frankfurt/Main,Germany. CCT’s 94.9% interest is EUR342.8 mil(S$535.2 mil).Exchange rate EUR1=S$1.56128. Euro 361,200,000
Valuation of Reports available for inspection at address during office hours 168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date 23/04/2019
Additional Information Please refer to the attached announcement for additional information.

Attachments

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