A-R E I T ’ S P O R T F O L I O
LOGISTICS & DISTRIBUTION CENTRES
Property
Acquisition/
Completion Date
Purchase Price*/
Development Cost (S$m)
Valuation as at
31 March 2015 (S$m)
Logistics & Distribution Centres
85 IDS Logistics Corporate HQ
19 Feb 04
50.0
39.5
86 LogisTech
04 Mar 04
32.0
49.1
87 10 Toh Guan Road
05 Mar 04
92.0
124.4
88 Changi Logistics Centre
09 Mar 04
45.6
86.8
89 Nan Wah Building
31 May 04
23.3
29.9
90 40 Penjuru Lane
21 Jul 04
225.0
243.4
91 Xilin Districentre Building A&B
02 Dec 04
31.1
33.9
92 MacDermid Building
02 Dec 04
5.5
7.4
93 Xilin Districentre Building D
09 Dec 04
33.5
25.7
94 9 Changi South Street 3
28 Dec 04
32.0
38.3
95 5 Toh Guan Road East
28 Dec 04
36.4
33.0
96 Xilin Districentre Building C
05 May 05
30.6
26.0
97 Senkee Logistics Hub (Phase I & II)
23 Sep 05 &
01 Feb 08
105.2
124.8
98 1 Changi South Lane
05 Oct 05
34.8
43.5
99 Logis Hub @ Clementi
#
05 Oct 05
18.1
33.0
100 GSH Centre
18 Nov 05
11.0
16.6
101 21 Jalan Buroh
14 Jun 06
58.4
78.7
102 30 Old Toh Tuck Road
14 Jun 06
19.6
21.2
103 Sim Siang Choon Building
19 Mar 08
31.9
29.0
104 15 Changi North Way
29 Jul 08
36.2
48.4
105 Pioneer Hub
12 Aug 08
79.3
119.1
106 71 Alps Avenue
02 Sep 09
25.6
21.8
107 90 Alps Avenue
20 Jan 12
37.9
49.7
Total (Logistics & Distribution Centres)
1,095.0
1,323.2
Notes:
The valuation for these properties were based on Capitalisation Approach and Discounted Cash Flow Analysis.
* Purchase price excludes transaction costs.
# Acquired from Ascendas Group.
ASCENDAS REAL ESTATE INVESTMENT TRUST ANNUAL REPORT 2014/15
