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)
Logistics & Distribution Centres
IDS Logistics
Corporate HQ
19 Feb 2004 Leasehold 58 years
(b)
31 Aug 2056
(b)
279 Jalan
Ahmad
Ibrahim
39,500 31 Mar 2015 39,500 41,100 0.79
0.85
LogisTech
04 Mar 2004 Leasehold 60 years 15 Nov 2056 3 Changi North
Street 2
49,100 31 Mar 2015 49,100 46,910 0.98
0.97
@ 10 Toh Guan
Road
05 Mar 2004 Leasehold 60 years
(a)
15 Oct 2055
(a)
10 Toh Guan
Road
124,400 31 Mar 2015 124,400 122,600 2.48
2.53
Changi
Logistics Centre
09 Mar 2004 Leasehold 60 years
(a)
15 Oct 2050
(a)
19 Loyang
Way
86,800 31 Mar 2015 86,800 80,570 1.73
1.66
@ Nan Wah
Building
31 May 2004 Leasehold 60 years
(a)
15 Oct 2057
(a)
4 Changi
South Lane
29,900 31 Mar 2015 29,900 30,900 0.60
0.64
40 Penjuru
Lane
21 Jul 2004 Leasehold 48 years
(d)
31 Dec 2049
(d)
40 Penjuru
Lane
243,400 31 Mar 2015 243,400 265,660 4.85
5.48
# Xilin
Districentre
Building A&B
02 Dec 2004 Leasehold 60 years
(a)
31 May 2054
(a)
3 Changi South
Street 2
33,900 31 Mar 2015 33,900 35,500 0.68
0.73
# MacDermid
Building
02 Dec 2004 Leasehold 60 years
(a)
15 Jul 2050
(a)
20 Tuas
Avenue 6
7,400 31 Mar 2015 7,400 7,300 0.15
0.15
Xilin
Districentre
Building D
09 Dec 2004 Leasehold 60 years
(a)
31 Oct 2055
(a)
6 Changi South
Street 2
25,700 31 Mar 2015 25,700 25,480 0.51
0.53
# 9 Changi South
Street 3
28 Dec 2004 Leasehold 60 years
(a)
30 Apr 2055
(a)
9 Changi South
Street 3
38,300 31 Mar 2015 38,300 40,850 0.76
0.84
# 5 Toh Guan
Road East
28 Dec 2004 Leasehold 60 years
(a)
15 Dec 2049
(a)
5 Toh Guan
Road East
33,000 31 Mar 2015 33,000 32,070 0.66
0.66
@ Xilin
Districentre
Building C
05 May 2005 Leasehold 60 years
(a)
30 Sep 2054
(a)
7 Changi South
Street 2
26,000 31 Mar 2015 26,000 25,960 0.52
0.54
Senkee
Logistics Hub
(Phase I & II)
23 Sep 2005
&
01 Feb 2008
Leasehold 45 years
(e)
31 Jan 2049
(e)
19 & 21
Pandan
Avenue
124,800 31 Mar 2015 124,800 121,300 2.49
2.50
@ 1 Changi South
Lane
05 Oct 2005 Leasehold 60 years 31 Aug 2058 1 Changi
South Lane
43,500 31 Mar 2015 43,500 43,680 0.87
0.90
@ Logis Hub @
Clementi
05 Oct 2005 Leasehold 60 years
(a)
15 May 2053
(a)
2 Clementi
Loop
32,960 31 Mar 2015 32,960 32,300 0.66
0.67
@ GSH Centre 18 Nov 2005 Leasehold 60 years
(a)
15 Nov 2063
(a)
11 Changi
North Way
16,600 31 Mar 2015 16,600 16,600 0.33
0.34
@ 21 Jalan Buroh 14 Jun 2006 Leasehold 58 years
(a)
30 Sep 2055
(a)
21 Jalan Buroh 78,700 31 Mar 2015 78,700 66,700 1.57
1.38
@ 30 Old Toh
Tuck Road
14 Jun 2006 Leasehold 60 years
(a)
15 Feb 2057
(a)
30 Old Toh
Tuck Road
21,230 31 Mar 2015 21,230 24,080 0.42
0.50
Sim Siang
Choon Building
19 Mar 2008 Leasehold 60 years
(a)
30 Sep 2054
(a)
21 Changi
South
Avenue 2
29,000 31 Mar 2015 29,000 29,000 0.58
0.60
15 Changi
North Way
29 Jul 2008 Leasehold 60 years
(a)
31 Dec 2066
(a)
15 Changi
North Way
48,400 31 Mar 2015 48,400 48,400 0.96
1.00
Pioneer Hub 12 Aug 2008 Leasehold 30 years 30 Nov 2036 15 Pioneer
Walk
119,100 31 Mar 2015 119,100 115,000 2.38
2.37
71 Alps Avenue 02 Sep 2009 Leasehold 60 years
(a)
14 Aug 2068
(a)
71 Alps
Avenue
21,800 31 Mar 2015 21,800 30,500 0.43
0.63
90 Alps Avenue 20 Jan 2012 Leasehold 60 years
(a)
22 Oct 2070
(a)
90 Alps
Avenue
49,700 31 Mar 2015 49,700 49,700 0.99
1.03
Total (Logistics & Distribution Centres)
1,323,190
1,323,190 1,332,160 26.39 27.50
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
130 131
