Notice of Valuation of Real Assets::CapitaLand Integrated 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
21-Jan-2021 06:30:42
Status
New
Announcement Sub Title
CapitaLand Integrated Commercial Trust - Asset Valuation
Announcement Reference
SG210121OTHRH4HH
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CapitaLand Limited's subsidiary, CapitaLand Integrated Commercial Trust Management Limited, the manager of CapitaLand Integrated Commercial Trust ("CICT"), 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
31/12/2020CBRE Pte. Ltd.Please refer to the attached announcement for details of the three properties.Singapore Dollar2,321,000,000
31/12/2020CBRE Pte. Ltd.One George Street (OGS), 1 George Street. CICT's 50% interest in OGS amounts to S$561 million.Singapore Dollar1,122,000,000
31/12/2020Knight Frank Pte LtdPlease refer to the attached announcement for details of the four properties.Singapore Dollar6,771,000,000
31/12/2020Savills Valuation and Professional Services (S) Pte LtdPlease refer to the attached announcement for details of the four properties.Singapore Dollar3,413,000,000
31/12/2020Colliers International Consultancy & Valuation (Singapore) Pte LtdPlease refer to the attached announcement for details of the five properties.Singapore Dollar4,187,000,000
31/12/2020Colliers International Consultancy & Valuation (Singapore) Pte LtdCapitaSpring (CS), 86 & 88 Market Street, CICT's 45% interest in CS redevelopment amounts to S$466.7 million.Singapore Dollar1,037,000,000
31/12/2020Cushman & Wakefield VHS Pte LtdPlease refer to the attached announcement for details of the four properties.Singapore Dollar3,668,500,000
31/12/2020C&W (U.K.) LLP German BranchGallileo,Gallusanlage 7,NeckarstraBe 5,60329 Frankfurt/Main,Germany.CICT's 94.9% interest is EUR342.7 mil (S$546.7 mil).Exchange rate of EUR1=S$1.595.Euro361,100,000
31/12/2020C&W (U.K.) LLP German BranchMain Airport Center,Unterschweinstiege 2-14,60549 Frankfurt am Main,Germany.CICT's 94.9% interest is EUR250.2 mil (S$399.1 mil).Exch rate EUR1=S$1.595Euro263,600,000
Valuation of Reports available for inspection at address during office hours
168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date
20/04/2021
Additional Information
Please refer to the attached announcement for additional information.

Attachments