Page 122 - ar2013.pdf

F INANCIAL REPORT FY12/13
118 ASCENDAS REAL ESTATE INVESTMENT TRUST
Group
Percentage of
Description of Acquisition Term of Lease Latest Valuation Carrying Amount Net Assets
Property Date Tenure Lease Expiry Location Valuation(a) Date 2013 2012 2013 2012
$’000 $’000 $’000 % %
Business & Science Parks
The Alpha 19 Nov 2002 Leasehold 60 years 18 Nov 2062 10 Science
Park Road
116,000 31 Mar 2013 116,000 111,700 2.49 2.85
@ The Aries 19 Nov 2002 Leasehold 60 years 18 Nov 2062 51 Science
Park Road
65,500 31 Mar 2013 65,500 64,600 1.41 1.65
The Capricorn 19 Nov 2002 Leasehold 60 years 18 Nov 2062 1 Science Park
Road
116,000 31 Mar 2013 116,000 116,000 2.49 2.96
@ The Gemini 19 Nov 2002 Leasehold 60 years 18 Nov 2062 41 Science
Park Road
128,000 31 Mar 2013 128,000 127,000 2.75 3.24
Honeywell
Building
19 Nov 2002 Leasehold 60 years (c) 15 Dec 2058 (c) 17 Changi
Business Park
Central 1
69,500 31 Mar 2013 69,500 69,000 1.49 1.76
@ 1 Changi
Business Park
Avenue 1
30 Oct 2003 Leasehold 60 years (c) 31 Jan 2061 (c) 1 Changi
Business Park
Avenue 1
41,000 31 Mar 2013 41,000 41,000 0.88 1.05
@ Techquest 05 Oct 2005 Leasehold 60 years 15 Jun 2055 7 International
Business Park
25,000 31 Mar 2013 25,000 25,000 0.54 0.64
@ PSB Science
Park Building
18 Nov 2005 Leasehold 95.5 years 30 Jun 2080 1 Science Park
Drive
76,500 31 Mar 2013 76,500 75,000 1.64 1.92
13 International
Business Park
10 Oct 2006 Leasehold 60 years (c) 15 Jul 2064 (c) 13 International
Business Park
29,000 31 Mar 2013 29,000 28,400 0.62 0.73
@ iQuest @ IBP 12 Jan 2007 Leasehold 60 years (c) 30 Nov 2055 (c) 27 International
Business Park
37,000 31 Mar 2013 37,000 37,000 0.79 0.94
Hansapoint @
CBP
22 Jan 2008 Leasehold 60 years (c) 31 Oct 2066 (c) 10 Changi
Business Park
Central 2
84,500 31 Mar 2013 84,500 83,500 1.81 2.13
Acer Building 19 Mar 2008 Leasehold 60 years (c) 30 Apr 2066 (c) 29 International
Business Park
91,000 31 Mar 2013 91,000 88,600 1.95 2.26
The Rutherford
& Science Hub
26 Mar 2008 Leasehold 60 years 25 Mar 2068 87 & 89
Science Park
Drive
88,000 31 Mar 2013 88,000 86,000 1.89 2.20
31 International
Business Park
26 Jun 2008 Leasehold 60 years (c) 15 Dec 2054 (c) 31 International
Business Park
222,000 31 Mar 2013 222,000 218,000 4.76 5.56
Balance carried forward – (Business & Science Parks) 1,189,000 1,189,000 1,170,800 25.51 29.89
Investment Properties Portfolio Statement
As at 31 March 2013
The accompanying notes form an integral part of these financial statements.