Percentage of
Description Acquisition
Term of
Lease
Latest
Valuation Carrying Amount
Net Assets
of Property
Date
Tenure Lease
Expiry
Location Valuation Date
2015 2014 2015 2014
$’000
$’000 $’000 % %
(Restated)
(Restated)
Light Industrial Properties & Flatted Factories
Balance brought forward – (Light Industrial Properties & Flatted Factories)
768,540
768,540 756,660 15.33 15.58
@ Ubi Biz-Hub 27 Mar 2006 Leasehold 60 years
(a)
30 Jun 2056
(a)
150 Ubi
Avenue 4
18,400 31 Mar 2015 18,400 17,000 0.37
0.35
@ 26 Senoko
Way
(v)
08 Jan 2007 Leasehold 60 years
(a)
15 Sep 2051
(a)
26 Senoko
Way
–
–
– 16,500
–
0.34
@ 2 Senoko
South Road
08 Jan 2007 Leasehold 60 years
(a)
31 May 2056
(a)
2 Senoko
South Road
36,500 31 Mar 2015 36,500 36,500 0.73
0.75
@ 18 Woodlands
Loop
01 Feb 2007 Leasehold 60 years
(a)
15 Feb 2057
(a)
18 Woodlands
Loop
28,200 31 Mar 2015 28,200 26,200 0.56
0.54
@ 9 Woodlands
Terrace
01 Feb 2007 Leasehold 60 years
(a)
31 Dec 2054
(a)
9 Woodlands
Terrace
3,100 31 Mar 2015 3,100 3,100 0.06
0.06
@ 11 Woodlands
Terrace
01 Feb 2007 Leasehold 60 years
(a)
15 Jan 2056
(a)
11 Woodlands
Terrace
3,920 31 Mar 2015 3,920 3,920 0.08
0.08
FoodAxis @
Senoko
15 May 2007 Leasehold 60 years
(a)
15 Nov 2044
(a)
1 Senoko
Avenue
80,800 31 Mar 2015 80,800 78,100 1.61
1.61
8 Loyang Way 1 05 May 2008 Leasehold 30 years
(h)
15 Jul 2052
(h)
8 Loyang
Way 1
23,600 31 Mar 2015 23,600 24,300 0.47
0.50
31 Joo Koon
Circle
30 Mar 2010 Leasehold 60 years
(a)
15 Aug 2055
(a)
31 Joo Koon
Circle
18,300 31 Mar 2015 18,300 18,930 0.37
0.39
Total (Light Industrial Properties & Flatted Factories)
981,360
981,360 981,210 19.58 20.20
The accompanying notes form an integral part of these financial statements.
I n v e s t m e n t P r o p e r t i e s P o r t f o l i o S t a t e m e n t
As at 31 March 2015
ASCENDAS REAL ESTATE INVESTMENT TRUST ANNUAL REPORT 2014/15
