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 % %
Business & Science Park Properties (continued)
Balance brought forward – (Business & Science Park Properties)
1,537,200
1,537,200
1,544,650
26.57
30.81
DBS Asia Hub 31 Mar 2010 Leasehold 60 years
(a)
30 Sep 2067
(a)
2&2A Changi
Business Park
Crescent
168,200 31 Mar 2016
168,200
152,300
2.91
3.04
Neuros &
Immunos
31 Mar 2011 Leasehold 60 years
(a)
31 Jan 2065
(a)
8/8A
Biomedical
Grove
121,400 31 Mar 2016
121,400
131,000
2.10
2.61
Nordic
European Centre
08 Jul 2011 Leasehold 60 years
(a)
31 Mar 2057
(a)
3 International
Business Park
113,200 31 Mar 2016
113,200
116,100
1.95
2.32
AkzoNobel
House
08 Dec 2011 Leasehold 60 years
(a)
28 Feb 2061
(a)
3 Changi
Business
Park Vista
62,500 31 Mar 2016
62,500
68,100
1.08
1.36
Cintech I
29 Mar 2012 Leasehold 56 years 25 Mar 2068 73 Science
Park Drive
56,900 31 Mar 2016
56,900
48,600
0.98
0.97
Cintech II
29 Mar 2012 Leasehold 56 years 25 Mar 2068 75 Science
Park Drive
46,400 31 Mar 2016
46,400
43,900
0.80
0.88
Cintech III & IV
29 Mar 2012 Leasehold 56 years 25 Mar 2068 77 & 79
Science Park
Drive
128,500 31 Mar 2016
128,500
118,200
2.22
2.36
The Galen
25 Mar 2013 Leasehold 66 years 24 Mar 2079 61 Science
Park Road
153,300 31 Mar 2016
153,300
133,900
2.65
2.67
Nexus @one-
north
04 Sep 2013 Leasehold 60 years 07 Jun 2071 1 & 3
Fusionopolis
Link
191,400 31 Mar 2016
191,400
189,400
3.31
3.78
The Kendall
(ii)
30 Mar 2015 Leasehold 64 years 24 Mar 2079 50 Science
Park Road
127,700 31 Mar 2016
127,700
113,700
2.21
2.26
ONE@Changi
City
(iii)
01 Mar 2016 Leasehold 60 years 29 Apr 2069 1 Changi
Business Park
Central 1
439,000 31 Mar 2016
439,000
–
7.59
–
Total Singapore Business & Science Park Properties
3,145,700
3,145,700
2,659,850
54.37
53.06
Integrated Development, Amenities & Retail Properties
Courts
Megastore
30 Nov 2006 Leasehold 30 years 31 Dec 2035 50 Tampines
North Drive 2
65,300 31 Mar 2016
65,300
65,500
1.13
1.31
Giant
Hypermart
06 Feb 2007 Leasehold 30 years 31 Dec 2035 21 Tampines
North Drive 2
86,000 31 Mar 2016
86,000
86,000
1.49
1.71
Aperia
08 Aug 2014 Leasehold 60 years 21 Feb 2072 8, 10 &
12 Kallang
Avenue
558,600 31 Mar 2016
558,600
507,200
9.65
10.12
Total Singapore Integrated Development, Amenities & Retail Properties
709,900
709,900
658,700
12.27
13.14
Investment Properties Portfolio Statement
As at 31 March 2016
The accompanying notes form an integral part of these financial statements.
.132
A-REIT ANNUAL REPORT
2015/2016
