Notice of Valuation of Real Assets::Asset Valuation

Issuer & Securities

Issuer/ Manager
CAPITALAND COMMERCIAL TRUST MANAGEMENT LIMITED
Securities
CAPITALAND COMMERCIAL TRUST - SG1P32918333 - C61U
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
22-Jan-2020 07:49:47
Status
New
Announcement Sub Title
Asset Valuation
Announcement Reference
SG200122OTHRFQ9J
Submitted By (Co./ Ind. Name)
Lee Ju Lin, Audrey
Designation
Company Secretary, CapitaLand Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
The attached announcement issued by CapitaLand Commercial Trust Management Limited for CapitaLand Commercial Trust ("CCT") on the above matter, is for information.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2019CBRE Pte. Ltd. and Cushman & Wakefield VHS Pte. Ltd.Please refer to the attached announcement for details of the five properties.Singapore Dollar7,130,100,000
31/12/2019CBRE 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$2,030.4 million.Singapore Dollar3,384,000,000
31/12/2019Knight Frank Pte LtdOne George Street (OGS), 1 George Street. CCT's 50% interest in OGS amounts to S$572.0 million.Singapore Dollar1,144,000,000
31/12/2019Knight Frank Pte LtdCapitaSpring (CS), 86 & 88 Market Street. CCT's 45% interest in CS redevelopment amounts to S$477.9 million.Singapore Dollar1,062,000,000
31/12/2019C&W (U.K.) LLP German BranchGallileo, Gallusanlage 7, NeckarstaBe 5,60329 Frankfurt/Main,Germany. CCT's 94.9% interest is EUR350.9 mil(S$527.6 mil). Exchg rate EUR1=S$1.50352.Euro369,800,000
31/12/2019C&W (U.K.) LLP German BranchMain Airport Center,Unterschweinstiege 2-14,60549 Frankfurt am Main, Germany.CCT's 94.9% interest is EUR256.2mil(S$385.2 mil). Exc rate EUR1=S$1.50352Euro270,000,000
Valuation of Reports available for inspection at address during office hours
168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date
20/04/2020
Additional Information
Please refer to the attached announcement for additional information.

Attachments