Notice of Valuation of Real Assets::Ascott Residence Trust - Asset Valuation

Issuer & Securities

Announcement Title: Notice of Valuation of Real Assets
Date &Time of Broadcast: 28-Jan-2022 07:28:25
Status: New
Announcement Sub Title: Ascott Residence Trust - Asset Valuation
Announcement Reference: SG220128OTHR5HXQ
Submitted By (Co./ Ind. Name): Michelle Koh
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): CapitaLand Investment Limited's subsidiaries, Ascott Residence Trust Management Limited, the manager of Ascott Real Estate Investment Trust and Ascott Business Trust Management Pte. Ltd., the trustee-manager of Ascott Business Trust, have today issued an announcement on the above matter as attached for information.

The admission and listing of CapitaLand Investment Limited on the Singapore Exchange Securities Trading Limited was sponsored by J.P. Morgan (S.E.A.) Limited. J.P. Morgan (S.E.A.) Limited assumes no responsibility for the contents of this announcement.

Valuation of Reports available for inspection at address during office hours: 168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date: 27/04/2022
Additional Information: Please refer to the attachment for information.

Total size =377K

Date of Valuation	Name of the Valuer	Description of Property	Valuation Currency	Valuation Amount
31/12/2021	Colliers	Please refer to the attached announcement for the details of the properties	Singapore Dollar	6,015,227,080
31/12/2021	CBRE Valuations Pty Limited	Please refer to the attached announcement for the details of the properties	Singapore Dollar	587,578,110
31/12/2021	Savills Japan Co., Ltd.	Please refer to the attached announcement for the details of the properties	Singapore Dollar	28,464,000
31/12/2021	Cushman & Wakefield K.K.	Please refer to the attached announcement for the details of the properties	Singapore Dollar	29,650,000
31/12/2021	Asset Valuation Partners	Please refer to the attached announcement for the details of the properties	Singapore Dollar	33,326,600
31/12/2021	Newmark Valuation & Advisory, LLC	Please refer to the attached announcement for the details of the properties	Singapore Dollar	90,265,110
31/12/2021	Newmark Knight Frank Valuation & Advisory, LLC	Please refer to the attached announcement for the details of the properties	Singapore Dollar	166,455,900