Page 72 - ar2012

Property Acquisition/
Completion Date
Purchase Price/
Development Cost
(S$m)
Book Value /
Valuation as at
31 March 2012 (S$m)
Gross Floor Area
(sqm)
Net Lettable
Area (sqm)
25 Kim Chuan Telecommunications
Complex
02 Mar 05 100.0 134.7 35,456 25,129
26 38A Kim Chuan Road* 11 Dec 09 100.0 113.1 32,885 32,885
Total (Hi-Tech Industrial (Data Centres)) 200.0 247.8 68,341 58,014
27 Techlink# 19 Nov 02 69.8 112.2 48,007 34,542
28 Siemens Center 12 Mar 04 65.8 101.1 36,529 27,781
29 Infneon Building # 01 Dec 04 50.9 71.3 27,278 27,278
30 Techpoint # 01 Dec 04 75.0 134.0 56,107 41,628
31 Wisma Gulab 01 Dec 04 55.7 66.8 15,557 11,821
32 KA Centre 02 Mar 05 19.2 36.0 19,638 13,555
33 KA Place 02 Mar 05 11.1 16.8 10,163 6,652
34 Pacifc Tech Centre 01 Jul 05 62.0 81.3 25,718 19,619
35 Techview# 05 Oct 05 76.0 110.0 50,985 37,811
36 1 Jalan Kilang 27 Oct 05 18.7 24.8 7,158 6,083
37 30 Tampines Industrial Ave 3 15 Nov 05 22.0 30.2 9,593 9,593
38 50 Kallang Avenue 27 Feb 06 28.6 39.6 18,584 14,196
39 138 Depot Road# 15 Mar 06 42.3 65.0 29,626 26,485
40 2 Changi South Lane 01 Feb 07 30.0 33.8 26,300 20,939
41 CGG Veritas Hub# 25 Mar 08 18.3 21.0 9,782 8,671
42 Corporation Place
Vendor: Corporation Place Limited
08 Dec 11 99.0 110.0 76,185 58,065
Total
(Hi-Tech Industrial Properties/
Data Centres)
944.4 1,301.7 535,551 422,733
HI-TECH INDUSTRIAL PROPERTIES / DATA CENTRES
Notes:
# Acquired from Ascendas Group
The valuation for these properties were based on Direct Comparison Method, Capitalisation Approach and Discounted Cash Flow Analysis
* Property was valued by independent valuer at S$174.3 million. A-REIT has recorded the property at S$174.3 million comprising S$113.1 million in land
and building and S$61.2 million in M&E equipment
ASCENDAS REAL ESTATE INVESTMENT TRUST
ANNUAL REPORT FY11/12
72