IconNews

Notice Of Valuation Of Real Assets - Asset Valuation

BackJan 30, 2020
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Jan 30, 2020 7:00
Status New
Announcement Sub Title Asset Valuation
Announcement Reference SG200130OTHRY779
Submitted By (Co./ Ind. Name) Karen Chan
Designation Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below) The attached announcement issued by Ascott Residence Trust Management Limited (as manager of Ascott Real Estate Investment Trust) and Ascott Business Trust Management Pte. Ltd. (as trustee-manager of Ascott Business Trust), is for information.
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
31/12/2019 HVS Please refer to the attached announcement for the details of the seventy properties. Singapore Dollar 4,553,413,927
31/12/2019 JLL Morii Valuation & Advisory K.K. Please refer to the attached announcement for the details of the five properties. Singapore Dollar 715,572,000
31/12/2019 Cushman & Wakefield (Valuations) Pty Ltd Please refer to the attached announcement for the details of the six properties. Singapore Dollar 584,583,300
31/12/2019 Cushman & Wakefield VHS Pte Ltd Please refer to the attached announcement for the detail of Park Hotel Clarke Quay. Singapore Dollar 325,000,000
31/12/2019 Knight Frank Pte Ltd & HVS Please refer to the attached announcement for the detail of Somerset Liang Court. Singapore Dollar 303,550,000
31/12/2019 CBRE Korea Co., Ltd. Please refer to the attached announcement for the details of the two properties. Singapore Dollar 190,104,300
31/12/2019 Not applicable - 2 China properties are valued based on selling price, net of transaction costs pursuant to the signing of SPAs on 18 Dec 2019. Please refer to the attached announcement for the details of the two properties-Citadines Xinghai and Citadines Zhuankou. Singapore Dollar 94,352,040
Valuation of Reports available for inspection at address during office hours 168 Robinson Road #30-01 Capital Tower, Singapore 068912
Reports available till date 29/04/2020
Additional Information Please refer to the attached announcement for additional information.

Attachments

  1. Attachment 1 (Size: 720,909 bytes)