Notice of Valuation of Real Assets::Valuation of Paragon, The Clementi Mall, The Rail Mall, Westfield Marion and Figtree Grove

Issuer & Securities

Issuer/ Manager
SPH REIT MANAGEMENT PTE. LTD.
Securities
SPH REIT - SG2G02994595 - SK6U
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
04-Oct-2021 20:57:09
Status
New
Announcement Sub Title
Valuation of Paragon, The Clementi Mall, The Rail Mall, Westfield Marion and Figtree Grove
Announcement Reference
SG211004OTHRCU9Z
Submitted By (Co./ Ind. Name)
Jessie Phua Swee Hoon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
-

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/08/2021Savills Valuation And Professional Services (S) Pte Ltd290 Orchard Road, Paragon, Singapore238859 (Tenure: 99 years leasehold interest commencing from 24 July 2013)Singapore Dollar2,640,000,000
31/08/2021Savills Valuation And Professional Services (S) Pte Ltd3155 Commonwealth Avenue West, The Clementi Mall, Singapore 129588 (Tenure: 99 years leasehold interest commencing from 31 Aug 2010)Singapore Dollar594,000,000
31/08/2021Savills Valuation And Professional Services (S) Pte Ltd380 to 400 & 422 to 484 (Even Numbers)Upper Bukit Timah Road, The Rail Mall,Singapore (Tenure: 99 years commencing from 18 March 1947)Singapore Dollar62,200,000
31/08/2021CBRE Valuations Pty LimitedWestfield Marion, 297 Diagonal Rd, OaklandsPark, SA, Australia (Tenure: Freehold).Represents SPH REIT's 50% interest in Westfield MarionAustralian Dollar640,500,000
31/08/2021Jones Lang LaSalle Advisory Services Pty LtdFigtree Grove, 19 Princes Highway, Figtree,NSW, 2525 (Tenure: Freehold)Australian Dollar200,000,000
Valuation of Reports available for inspection at address during office hours
1000 Toa Payoh North, News Centre, Singapore 318994
Reports available till date
03/01/2022