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. |