Page 123 - ar2013.pdf

SEO Version

ANNUAL REPORT FY12/13 119
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
Balance brought forward - (Business & Science Parks)
1,189,000
1,189,000
1,170,800
25.51
29.89
1, 3 & 5 Changi
Business Park
Crescent
16 Feb 2009,
25 Sep 2009
&
31 Dec 2010
Leasehold 60 years
(c)
30 Sep 2067
(c)
1, 3 & 5 Changi
Business Park
Crescent
316,500 31 Mar 2013
316,500
304,400
6.79
7.77
DBS Asia Hub 31 Mar 2010 Leasehold 60 years
(c)
30 Sep 2067
(c)
2 Changi
Business Park
Crescent
141,900 31 Mar 2013
141,900
141,900
3.04
3.62
Neuros &
Immunos
31 Mar 2011 Leasehold 60 years
(c)
31 Jan 2065
(c)
8/8A Biomedical
Grove
129,400 31 Mar 2013
129,400
127,500
2.78
3.25
Nordic
European
Centre
08 July 2011 Leasehold 60 years
(c)
31 Mar 2057
(c)
3 International
Business Park
122,200 31 Mar 2013
122,200
122,000
2.62
3.12
& Ascendas
Z- Link
(k)
03 Oct 2011 Leasehold 50 years 27 Aug 2054 17
Zhongguancun
Software Park,
8 Dongbeiwang
West Road,
Haidian District,
Beijing 100094,
China
68,864 31 Mar 2013
68,864
61,720
1.48
1.58
AkzoNobel
House
08 Dec 2011 Leasehold 60 years
(c)
28 Feb 2061
(c)
3 Changi
Business Park
Vista
80,000 31 Mar 2013
80,000
80,000
1.72
2.04
Cintech I
(b)
29 Mar 2012 Leasehold 56 years 25 Mar 2068 73 Science Park
Drive
51,000 31 Mar 2013
51,000
47,685
1.09
1.22
Cintech II
(b)
29 Mar 2012 Leasehold 56 years 25 Mar 2068 75 Science Park
Drive
38,700 31 Mar 2013
38,700
35,815
0.83
0.91
Cintech III & IV
(b)
29 Mar 2012 Leasehold 56 years 25 Mar 2068 77 & 79 Science
Park Drive
103,500 31 Mar 2013
103,500
101,980
2.22
2.60
The Galen
(b)
25 Mar 2013 Leasehold 66 years 24 Mar 2079 61 Science Park
Road
127,460 31 Dec 2012
127,460
–
2.73
–
Total (Business & Science Parks)
2,368,524
2,368,524
2,193,800
50.81
56.00
Investment Properties Portfolio Statement
As at 31 March 2013
The accompanying notes form an integral part of these financial statements.