Notice of Valuation of Real Assets::ASSET VALUATION

Issuer & Securities

Issuer/ Manager
OUE COMMERCIAL REIT MANAGEMENT PTE. LTD.
Securities
OUE COMMERCIAL REIT - SG2G60000004 - TS0U
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
30-Jan-2023 19:50:23
Status
New
Announcement Sub Title
ASSET VALUATION
Announcement Reference
SG230130OTHRUE1K
Submitted By (Co./ Ind. Name)
Kelvin Chua
Designation
Company Secretary, OUE Commercial REIT Management Pte. Ltd. (as Manager of OUE Commercial REIT)
Description (Please provide a detailed description of the event in the box below)
Please see the attached document.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2022Cushman & Wakefield VHS Pte LtdOne Raffles Place in Singapore - Please see attached document for details of 3 properties.Singapore Dollar1,909,000,000
31/12/2022Cushman & Wakefield VHS Pte LtdOUE Downtown in Singapore - Please see attached document for details of 2 properties.Singapore Dollar930,000,000
31/12/2022CBRE (Shanghai) Management LimitedLippo Plaza in Shanghai, China - Please see attached document for details of the property.Yuan Renminbi2,640,000,000
31/12/2022Savills Valuation and Professional Services (S) Pte LtdHilton Singapore Orchard - Please see attached document for details of the property.Singapore Dollar1,250,000,000
31/12/2022Savills Valuation and Professional Services (S) Pte LtdMandarin Gallery - Please see attached document for details of the property.Singapore Dollar453,900,000
31/12/2022Savills Valuation and Professional Services (S) Pte LtdCrowne Plaza Changi Airport - Please see attached document for details of the property.Singapore Dollar460,200,000
31/12/2022Savills Valuation and Professional Services (S) Pte LtdOUE Bayfront in Singapore - Please see attached document for details of 3 properties.Singapore Dollar1,321,000,000
Valuation of Reports available for inspection at address during office hours
333 Orchard Road, #33-01, Singapore 238867
Reports available till date
30/04/2023

Attachments