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Notes:
# Acquired from Ascendas Group
The valuation for these properties were based on Direct Comparison Method, Capitalisation Approach and Discounted Cash Flow Analysis
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)
88 Xilin Districentre Building C
05 May 05
30.6
27.4
18,708
13,280
89 Senkee Logistics Hub
(Phase I & II)
23 Sep 05 &
01 Feb 08
105.2
116.1
87,842
71,748
90 1 Changi South Lane
05 Oct 05
34.8
43.7
25,768
23,528
91 LogisHub @ Clementi
#
05 Oct 05
18.1
30.9
26,505
23,071
92 JEL Centre
18 Nov 05
11.0
16.0
10,107
9,494
93 21 Jalan Buroh
14 Jun 06
58.4
67.5
48,140
47,616
94 Sembawang Kimtrans
Logistics Centre
14 Jun 06
19.6
23.7
16,353
15,410
95 Goldin Logistics Hub
05 Dec 07
22.5
24.0
20,094
20,094
96 Sim Siang Choon Building
19 Mar 08
31.9
27.5
12,981
12,981
97 15 Changi North Way
29 Jul 08
36.2
46.5
31,961
28,974
98 Pioneer Hub
12 Aug 08
79.3
107.5
91,048
81,103
99 71 Alps Avenue
02 Sep 09
25.6
29.0
12,756
11,627
100 90 Alps Avenue
20 Jan 12
37.9
48.5
26,277
26,277
Total (Logistics &
Distribution Centres)
1,117.5
1,323.0
844,134
720,421
LOGISTICS & DISTRIBUTION CENTRES
ASCENDAS REAL ESTATE INVESTMENT TRUST
ANNUAL REPORT FY11/12
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