Group
Percentage of
Description
Acquisition
Term of
Lease
Latest
Valuation Carrying Amount
Net Assets
of Property
Date
Tenure Lease
Expiry
Location
Valuation
Date
2016
2015 2016 2015
$’000
$’000
$’000 % %
SINGAPORE
Business & Science Park Properties
The Alpha
19 Nov 2002 Leasehold 60 years 18 Nov 2062 10 Science
Park Road
115,300 31 Mar 2016
115,300
117,900
1.99
2.35
The Aries,
Gemini &
Sparkle
(i)
19 Nov 2002 Leasehold 60 years 18 Nov 2062 41, 45 & 51
Science
Park Road
205,100 31 Mar 2016
205,100
209,200
3.55
4.18
The Capricorn 19 Nov 2002 Leasehold 60 years 18 Nov 2062 1 Science
Park Road
129,500 31 Mar 2016
129,500
129,000
2.24
2.57
Honeywell
Building
19 Nov 2002 Leasehold 60 years
(a)
15 Dec 2058
(a)
17 Changi
Business Park
Central 1
73,500 31 Mar 2016
73,500
70,500
1.27
1.41
1 Changi
Business Park
Avenue 1
30 Oct 2003 Leasehold 60 years
(a)
31 Jan 2061
(a)
1 Changi
Business Park
Avenue 1
43,000 31 Mar 2016
43,000
48,600
0.74
0.97
Techquest
05 Oct 2005 Leasehold 60 years 15 Jun 2055 7 International
Business Park
25,400 31 Mar 2016
25,400
24,800
0.44
0.49
PSB Science
Park Building
18 Nov 2005 Leasehold 95.5 years 30 Jun 2080 1 Science
Park Drive
82,000 31 Mar 2016
82,000
82,000
1.42
1.64
13 International
Business Park
10 Oct 2006 Leasehold 60 years
(a)
15 Jul 2064
(a)
13 International
Business Park
22,400 31 Mar 2016
22,400
25,550
0.39
0.51
iQuest @ IBP 12 Jan 2007 Leasehold 60 years
(a)
30 Nov 2055
(a)
27 International
Business Park
35,900 31 Mar 2016
35,900
35,000
0.62
0.70
Hansapoint@CBP 22 Jan 2008 Leasehold 60 years
(a)
31 Oct 2066
(a)
10 Changi
Business Park
Central 2
90,700 31 Mar 2016
90,700
86,900
1.57
1.73
Acer Building 19 Mar 2008 Leasehold 60 years
(a)
30 Apr 2056
(a)
29 International
Business Park
83,000 31 Mar 2016
83,000
83,900
1.43
1.67
The Rutherford
& Oasis
26 Mar 2008 Leasehold 60 years 25 Mar 2068 87 & 89
Science Park
Drive
91,300 31 Mar 2016
91,300
82,200
1.58
1.64
31 International
Business Park
26 Jun 2008 Leasehold 60 years
(a)
15 Dec 2054
(a)
31 International
Business Park
227,700 31 Mar 2016
227,700
216,100
3.93
4.31
1, 3 & 5 Changi
Business Park
Crescent
16 Feb 2009,
25 Sep 2009 &
31 Dec 2010
Leasehold 60 years
(a)
30 Sep 2067
(a)
1, 3 & 5 Changi
Business Park
Crescent
312,400 31 Mar 2016
312,400
333,000
5.40
6.64
Balance carried forward – (Business & Science Park Properties)
1,537,200
1,537,200
1,544,650
26.57
30.81
Investment Properties Portfolio Statement
As at 31 March 2016
The accompanying notes form an integral part of these financial statements.
.131
A-REIT ANNUAL REPORT
2015/2016
