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
18-Jan-2021 23:56:26
Status
New
Announcement Sub Title
Asset Valuation
Announcement Reference
SG210118OTHRCFRL
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
31/12/2020Cushman & Wakefield VHS Pte LtdOUE Bayfront in Singapore - Please see the attached document for details of 3 propertiesSingapore Dollar1,181,000,000
31/12/2020Savills Valuation and Professional Services (S) Pte LtdOne Raffles Place in Singapore - Please see the attached document for details of 3 propertiesSingapore Dollar1,799,700,000
31/12/2020Savills Valuation and Professional Services (S) Pte LtdOUE Downtown in Singapore - Please see the attached document for details of 2 propertiesSingapore Dollar900,000,000
31/12/2020Savills Real Estate Valuation (Guangzhou) Ltd. Shanghai BranchLippo Plaza in Shanghai, China - Please see the attached document for details of the propertyYuan Renminbi2,680,000,000
31/12/2020Cushman & Wakefield VHS Pte LtdMandarin Orchard Singapore - Please see the attached document for details of the propertySingapore Dollar1,157,000,000
31/12/2020Cushman & Wakefield VHS Pte LtdMandarin Gallery - Please see the attached document for details of the propertySingapore Dollar473,000,000
31/12/2020Cushman & Wakefield VHS Pte LtdCrowne Plaza Changi Airport - Please see the attached document for details of the propertySingapore Dollar468,500,000
Valuation of Reports available for inspection at address during office hours
333 Orchard Road, #33-01, Singapore 238867
Reports available till date
18/04/2021

Attachments