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)
101 Courts Megastore
30 Nov 06
46.0
65.0
28,410
28,410
102 Giant Hypermart
06 Feb 07
65.4
88.0
42,194
42,178
Total (Warehouse Retail Facilities)
111.4
153.0
70,604
70,588
Notes:
The valuation for these properties were based on Direct Comparison Method, Capitalisation Approach and Discounted Cash Flow Analysis
WAREHOUSE RETAIL FACILITIES
ASCENDAS REAL ESTATE INVESTMENT TRUST
ANNUAL REPORT FY11/12
86