News

CapitaLand Commercial Trust - Notice Of Valuation Of Real Assets - Asset Valuation

Back23 Jul 2020
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Jul 23, 2020 6:58
Status New
Announcement Sub Title CapitaLand Commercial Trust - Asset Valuation
Announcement Reference SG200723OTHRIGAS
Submitted By (Co./ Ind. Name) Michelle Koh
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) CapitaLand Limited's subsidiary, CapitaLand Commercial Trust Management Limited, the manager of CapitaLand Commercial Trust, has today issued an announcement on the above matter as attached for information.
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
30/06/2020 CBRE Pte. Ltd. and Cushman & Wakefield VHS Pte. Ltd. Please refer to the attached announcement for details of the properties Singapore Dollar 7,020,500,000
30/06/2020 CBRE Pte. Ltd. Raffles City Singapore (RCS), 250 & 252 North Bridge Rd, 2 Stamford Rd & 80 Bras Basah Rd. CCT’s 60% interest in RCS amounts to S$1,959.6 million. Singapore Dollar 3,266,000,000
30/06/2020 Knight Frank Pte Ltd One George Street (OGS), 1 George Street. CCT’s 50% interest in OGS amounts to S$561.0 million. Singapore Dollar 1,122,000,000
30/06/2020 Knight Frank Pte Ltd CapitaSpring (CS), 86 & 88 Market Street. CCT’s 45% interest in CS redevelopment amounts to S$466.7 million. Singapore Dollar 1,037,000,000
30/06/2020 C&W (U.K.) LLP German Branch Gallileo, Gallusanlage 7,NeckarstaBe 5, 60329 Frankfurt/Main,Germany.CCT s 94.9% interest is EUR346.1 mil(S$534.3 mil).Exchange rate EUR1=S$1.54379 Euro 364,700,000
30/06/2020 C&W (U.K.) LLP German Branch Main Airport Center,Unterschweinstiege 2-14,60549 Frankfurt am Main,Germany. CCT’s 94.9% interest is EUR251.1 mil(S$387.7 mil).Exc rate EUR1=S$1.54379 Euro 264,600,000
Valuation of Reports available for inspection at address during office hours 168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date 22/10/2020
Additional Information Please refer to the attached announcement for additional information.

Attachments

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