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
16-Feb-2022 19:02:59
Status
New
Announcement Sub Title
Asset Valuation
Announcement Reference
SG220216OTHRX3MO
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
31/12/2021Cushman & Wakefield VHS Pte LtdOne Raffles Place in Singapore - Please see the attached document for details of 3 properties.Singapore Dollar1,867,700,000
31/12/2021Cushman & Wakefield VHS Pte LtdOne Downtown in Singapore - Please see the attached document for details of 2 properties.Singapore Dollar902,000,000
31/12/2021Savills Real Estate Valuation (Guangzhou) Ltd. Shanghai BranchLippo Plaza in Shanghai, China - Please see the attached document for details of the property.Yuan Renminbi2,681,000,000
31/12/2021Savills Valuation and Professional Services (S) Pte LtdMandarin Orchard Singapore - Please see the attached document for details of the property.Singapore Dollar1,130,000,000
31/12/2021Savills Valuation and Professional Services (S) Pte LtdMandarin Gallery - Please see the attached document for details of the property.Singapore Dollar453,900,000
31/12/2021Savills Valuation and Professional Services (S) Pte LtdCrowne Plaza Changi Airport - Please see the attached document for details of the property.Singapore Dollar455,200,000
31/12/2021Savills Valuation and Professional Services (S) Pte LtdOUE Bayfront in Singapore - Please see the attached document for details of 3 properties.Singapore Dollar1,270,000,000
Valuation of Reports available for inspection at address during office hours
333 Orchard Road, #33-01, Singapore 238867
Reports available till date
16/05/2022

Attachments