Page 129 - ar2012

Group
At Valuation/ Percentage of
Description of Acquisition Term of Lease Latest Valuation Book Value Net Assets
Property Date Tenure Lease Expiry Location Valuation (a) Date 2012 2011 2012 2011
$’000 $’000 $’000 % %
Light Industrial Properties
Balance brought forward – (Light Industrial Properties) 704,880 704,880671,900 18.00 20.41
@ Aztech Building 21 Feb 2006 Leasehold 60 years(c)28 Feb 2050(c)31 Ubi Road 1 25,340 31 Mar 2012 25,340 23,900 0.65 0.73
@ Ubi Biz-Hub 27 Mar 2006 Leasehold 60 years(c)30 Jun 2056(c)150 Ubi Avenue 4 15,650 31 Mar 2012 15,650 15,900 0.40 0.48
@ 26 Senoko Way 08 Jan 2007 Leasehold 60 years (c)15 Sep 2051(c)26 Senoko Way 15,960 31 Mar 2012 15,960 15,300 0.41 0.46
@ Super Industrial 08 Jan 2007 Leasehold 60 years (c)31 May 2056(c)2 Senoko South 33,960 31 Mar 2012 33,960 32,500 0.87 0.99
Building Road
@ 1 Kallang Place 01 Feb 2007 Leasehold 30 years 30 Nov 2024 1 Kallang Place 11,375 31 Mar 2012 11,375 10,900 0.29 0.33
@ 18 Woodlands 01 Feb 2007 Leasehold 60 years(c)15 Feb 2057(c)18 Woodlands 23,810 31 Mar 2012 23,810 17,000 0.61 0.52
Loop Loop
@ 9 Woodlands 01 Feb 2007 Leasehold 60 years(c)31 Dec 2054(c)9 Woodlands 2,900 31 Mar 2012 2,900 2,050 0.07 0.06
Terrace Terrace
@ 11 Woodlands 01 Feb 2007 Leasehold 60 years(c)15 Jan 2056(c)11 Woodlands 2,540 31 Mar 2012 2,540 2,000 0.06 0.06
Terrace Terrace
FoodAxis @ 15 May 2007(m)Leasehold 60 years (c)15 Nov 2044(c)1 Senoko Avenue 72,060 31 Mar 2012 72,060 - 1.84 -
Senoko (m)
8 Loyang Way 1 05 May 2008 Leasehold 30 years ( j)15 Jul 2052( j) 8 Loyang Way 1 23,580 31 Mar 2012 23,580 23,500 0.60 0.71
31 Joo Koon 30 Mar 2010 Leasehold 60 years(c)15 Aug 2055(c)31 Joo Koon 16,740 31 Mar 2012 16,740 15,500 0.43 0.47
Circle Circle
Total (Light Industrial Properties) 948,795 948,795 830,450 24.23 25.23
The accompanying notes form an integral part of these fnancial statements.
INVESTMENT PROPERTIES PORTFOLIO STATEMENT
As at 31 March 2012
129
A DECADE OF ENABLING BUSINESSES