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F INANCIAL REPORT FY12/13
120 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
% %
Hi-Specs Industrial Properties *
Techlink
19 Nov 2002 Leasehold 60 years 24 Sep 2053 31 Kaki Bukit
Road 3
112,200 31 Mar 2013
112,200
112,200
2.41
2.86
Siemens Centre 12 Mar 2004 Leasehold 60 years
(c)
15 Dec 2061
(c)
60
MacPherson
Road
101,200 31 Mar 2013
101,200
101,100
2.17
2.58
# Infineon Building 01 Dec 2004 Leasehold 47 years
(e)
30 Jun 2050
(e)
8 Kallang
Sector
72,400 31 Mar 2013
72,400
71,300
1.55
1.82
# Techpoint
01 Dec 2004 Leasehold 65 years 31 Mar 2052 10 Ang Mo
Kio Street 65
136,000 31 Mar 2013
136,000
134,000
2.92
3.42
# Wisma Gulab 01 Dec 2004 Freehold Freehold
190
MacPherson
Road
68,300 31 Mar 2013
68,300
66,810
1.46
1.71
# KA Centre
02 Mar 2005 Leasehold 99 years 31 May 2058 150 Kampong
Ampat
39,000 31 Mar 2013
39,000
36,000
0.84
0.92
# KA Place
02 Mar 2005 Leasehold 99 years 31 May 2058 159 Kampong
Ampat
17,900 31 Mar 2013
17,900
16,800
0.38
0.43
# Kim Chuan
Telecommuni-
cations Complex
02 Mar 2005 Leasehold 99 years 30 Mar 2091 38 Kim Chuan
Road
136,100 31 Mar 2013
136,100
134,690
2.92
3.44
@ Pacific Tech
Centre
01 Jul 2005 Leasehold 99 years 31 Dec 2061 1 Jalan Kilang
Timor
86,000 31 Mar 2013
86,000
81,300
1.85
2.08
Techview
05 Oct 2005 Leasehold 60 years 08 Jul 2056 1 Kaki Bukit
View
114,000 31 Mar 2013
114,000
110,000
2.45
2.81
@ 1 Jalan Kilang 27 Oct 2005 Leasehold 99 years 31 Dec 2061 1 Jalan Kilang 25,200 31 Mar 2013
25,200
24,800
0.54
0.63
30 Tampines
Industrial
Avenue 3
15 Nov 2005 Leasehold 60 years
(c)
31 Dec 2063
(c)
30 Tampines
Industrial
Avenue 3
31,000 31 Mar 2013
31,000
30,220
0.67
0.77
@ 50 Kallang
Avenue
27 Feb 2006 Leasehold 60 years
(c)
15 Nov 2055
(c)
50 Kallang
Avenue
41,000 31 Mar 2013
41,000
39,600
0.88
1.01
@ 138 Depot Road 15 Mar 2006 Leasehold 60 years
(c)
30 Nov 2064
(c)
138 Depot
Road
66,100 31 Mar 2013
66,100
65,070
1.42
1.66
@ 2 Changi South
Lane
01 Feb 2007 Leasehold 60 years
(c)
15 Oct 2057
(c)
2 Changi
South Lane
35,500 31 Mar 2013
35,500
33,770
0.76
0.86
CGG Veritas Hub 25 Mar 2008 Leasehold 60 years
(c)
31 Dec 2066
(c)
9 Serangoon
North Avenue 5
21,300 31 Mar 2013
21,300
20,960
0.46
0.54
38A Kim Chuan
Road
11 Dec 2009 Leasehold 99 years 30 Mar 2091 38A Kim
Chuan Road
118,390 31 Mar 2013
118,390
113,080
2.54
2.89
+@ Corporation
Place
08 Dec 2011 Leasehold 60 years 30 Sep 2050 2 Corporation
Road
100,000 31 Mar 2013
100,000
110,000
2.14
2.80
# Telepark
02 Mar 2005 Leasehold 99 years 01 Apr 2091 5 Tampines
Central 6
261,600 31 Mar 2013
261,600
250,000
5.61
6.38
Total (Hi-Specs Industrial Properties)
1,583,190
1,583,190
1,551,700
33.97
39.61
Investment Properties Portfolio Statement
As at 31 March 2013
The accompanying notes form an integral part of these financial statements.