Notice of Valuation of Real Assets::CapitaLand Commercial Trust - Asset Valuation

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
23-Jul-2020 06:58:50
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
30/06/2020CBRE Pte. Ltd. and Cushman & Wakefield VHS Pte. Ltd.Please refer to the attached announcement for details of the propertiesSingapore Dollar7,020,500,000
30/06/2020CBRE 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 Dollar3,266,000,000
30/06/2020Knight Frank Pte LtdOne George Street (OGS), 1 George Street. CCT?s 50% interest in OGS amounts to S$561.0 million.Singapore Dollar1,122,000,000
30/06/2020Knight Frank Pte LtdCapitaSpring (CS), 86 & 88 Market Street. CCT?s 45% interest in CS redevelopment amounts to S$466.7 million.Singapore Dollar1,037,000,000
30/06/2020C&W (U.K.) LLP German BranchGallileo, 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$1.54379Euro364,700,000
30/06/2020C&W (U.K.) LLP German BranchMain 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$1.54379Euro264,600,000
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