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
19-Jul-2018 07:40:03
Status
New
Announcement Sub Title
CapitaLand Commercial Trust - "Asset Valuation"
Announcement Reference
SG180719OTHRYYBY
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
30/06/2018Knight Frank Pte Ltd, CBRE Pte. Ltd. and Cushman & Wakefield VHS Pte. Ltd.Please refer to the attached announcement for details of the five propertiesSingapore Dollar7,031,000,000
30/06/2018CBRE 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$1,978.8 millionSingapore Dollar3,298,000,000
30/06/2018Cushman & Wakefield VHS Pte. Ltd.One George Street (OGS), 1 George Street. CCT?s 50% interest in OGS amounts to S$569.0 millionSingapore Dollar1,138,000,000
30/06/2018Jones Lang LaSalle Property Consultants Pte LtdCapitaSpring (CS), 86 & 88 Market Street. CCT?s 45% interest in CS redevelopment amounts to S$472.5 millionSingapore Dollar1,050,000,000
30/06/2018Cushman & Wakefield LLPGallileo, Gallusanlage 7, NeckarstaBe 5, 60329 Frankfurt/Main,Germany. CCT's 94.9% interest is EUR342.5 mil(S$535.0 mil). Exchange rate EUR1=S$1.56203Euro360,900,000
Valuation of Reports available for inspection at address during office hours
168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date
18/10/2018
Additional Information
Please refer to the attached announcement for additional information.

Attachments