Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

Issuer & Securities

Issuer/ Manager
SINGAPORE PRESS HOLDINGS LIMITED
Securities
SINGAPORE PRESS HLDGS LTD - SG1P66918738 - T39
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
13-Oct-2020 23:56:27
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG201013OTHRM92I
Submitted By (Co./ Ind. Name)
Khor Siew Kim
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Notice of Valuation of Purpose Built Student Accommodation ("PBSA") Property Portfolio.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/08/2020Cushman & Wakefield20 PBSA properties in the United Kingdom - with details as set out in Annex AUnited Kingdom Pound341,925,000
31/08/2020Cushman & Wakefield1) 7 PBSA properties in the United Kingdom (Student Castle) - with details as set out in Annex BUnited Kingdom Pound442,375,000
31/08/2020-2) 1 PBSA property in Bremen, Germany (Galileo Residenz) - with details as set out in Annex BEuro16,420,000
Valuation of Reports available for inspection at address during office hours
1000 Toa Payoh North, News Centre, Singapore 318994
Reports available till date
12/01/2021
Additional Information
The Valuation Amount is an aggregated figure of the individual values for each property interest in the portfolio. If the portfolio were to be sold as a single lot or in groups of properties, the total value could differ significantly.

Attachments

Annex A and B.pdf
Total size =172K