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
24-Jan-2019 07:09:51
Status
New
Announcement Sub Title
CapitaLand Commercial Trust - Asset Valuation
Announcement Reference
SG190124OTHR8276
Submitted By (Co./ Ind. Name)
Ng Chooi Peng
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
31/12/2018Knight 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 Dollar7,049,700,000
31/12/2018Cushman & Wakefield VHS Pte. Ltd.One George Street (OGS), 1 George Street. CCT's 50% interest in OGS amounts to S$569.5 million.Singapore Dollar1,139,000,000
31/12/2018Jones Lang LaSalle Property Consultants Pte LtdCapitaSpring (CS), 86 & 88 Market Street. CCT's 45% interest in CS redevelopment amounts to S$472.5 million.Singapore Dollar1,050,000,000
31/12/2018Cushman & Wakefield LLPGallileo, 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.Euro361,200,000
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.

Attachments