Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

Issuer & Securities

Issuer/ Manager
SINGAPORE PRESS HOLDINGS LIMITED
Securities
SINGAPORE PRESS HLDGS LTD - SG1P66918738 - T39
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
09-Sep-2019 20:31:23
Status
New
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
SG190909OTHRXUIT
Submitted By (Co./ Ind. Name)
Khor Siew Kim
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Notice of Valuation of PBSA property portfolio.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/08/2019Cushman & Wakefield19 Purpose Built Student Accommodation properties across the United Kingdom, with details as set out in Annex A.United Kingdom Pound361,165,000
Valuation of Reports available for inspection at address during office hours
1000 Toa Payoh North, News Centre, Singapore 318994
Reports available till date
08/12/2019
Additional Information
The valuation amount is the aggregate market value of each of the various property interests in the portfolio and assuming purchaser's costs of 1.8% in relation to the three "Privilege" assets as at the valuation date. It is an aggregated figure of the individual values for each property interest in the portfolio. If the portfolio were to be sold as a single lot or in groups of properties, the total value could differ significantly.

Attachments

ANNEX A - PBSA Property Schedule.pdf
Total size =96K