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Notice Of Valuation Of Real Assets - Asset Valuation

BackJan 22, 2020

Announcement Title

Notice of Valuation of Real Assets

Date & Time of Broadcast

Jan 22, 2020 7:49

Status

New

Announcement Sub Title

Asset Valuation

Announcement Reference

SG200122OTHRFQ9J

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 ("CCT") 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
31/12/2019	CBRE Pte. Ltd. and Cushman & Wakefield VHS Pte. Ltd.	Please refer to the attached announcement for details of the five properties.	Singapore Dollar	7,130,100,000
31/12/2019	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$2,030.4 million.	Singapore Dollar	3,384,000,000
31/12/2019	Knight Frank Pte Ltd	One George Street (OGS), 1 George Street. CCT's 50% interest in OGS amounts to S$572.0 million.	Singapore Dollar	1,144,000,000
31/12/2019	Knight Frank Pte Ltd	CapitaSpring (CS), 86 & 88 Market Street. CCT's 45% interest in CS redevelopment amounts to S$477.9 million.	Singapore Dollar	1,062,000,000
31/12/2019	C&W (U.K.) LLP German Branch	Gallileo, Gallusanlage 7, NeckarstaBe 5,60329 Frankfurt/Main,Germany. CCT's 94.9% interest is EUR350.9 mil(S$527.6 mil). Exchg rate EUR1=S$1.50352.	Euro	369,800,000
31/12/2019	C&W (U.K.) LLP German Branch	Main Airport Center,Unterschweinstiege 2-14,60549 Frankfurt am Main, Germany.CCT's 94.9% interest is EUR256.2mil(S$385.2 mil). Exc rate EUR1=S$1.50352	Euro	270,000,000

Valuation of Reports available for inspection at address during office hours

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

Reports available till date

20/04/2020

Additional Information

Please refer to the attached announcement for additional information.

Attachments

Attachment 1 (Size: 158,013 bytes)

For Media

The information behind this electronic gatepost is only being made available to residents of Singapore.

In particular, the units of CapitaLand Commercial Trust have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the U.S. Securities Act. The units of CapitaLand Commercial Trust are only being offered outside the United States in reliance on Regulation S under the U.S. Securities Act or otherwise pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the U.S.

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