Notice of Valuation of Real Assets::Asset Valuation

Issuer & Securities

Issuer/ Manager
ASCENDAS FUNDS MANAGEMENT (S) LIMITED
Securities
ASCENDAS REAL ESTATE INV TRUST - SG1M77906915 - A17U
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
24-Feb-2021 06:49:24
Status
New
Announcement Sub Title
Asset Valuation
Announcement Reference
SG210224OTHREK5M
Submitted By (Co./ Ind. Name)
Mary Judith de Souza
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The attached announcement issued by Ascendas Funds Management (S) Limited for Ascendas Real Estate Investment Trust ("Ascendas Reit") 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
31/12/2020SRE Global Pte LtdGalaxis, 1 Fusionopolis Place Singapore 138522. Ascendas Reit's 25% interest in Galaxis amounts to S$161.3 million.Singapore Dollar645,000,000
Valuation of Reports available for inspection at address during office hours
168 Robinson Road, #30-01 Capital Tower, Singapore 068912
Reports available till date
23/05/2021
Additional Information
Please refer to the attached announcement for additional information.

Attachments

Annual Revaluation of Galaxis_24Feb21.pdf
Total size =113K