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 % %
Logistics & Distribution Centres
IDS Logistics
Corporate HQ
19 Feb 2004 Leasehold 58 years
(b)
31 Aug 2056
(b)
279 Jalan
Ahmad Ibrahim
40,800 31 Mar 2016
40,800
39,500
0.71
0.79
LogisTech
04 Mar 2004 Leasehold 60 years 15 Nov 2056 3 Changi North
Street 2
49,800 31 Mar 2016
49,800
49,100
0.86
0.98
10 Toh Guan
Road
05 Mar 2004 Leasehold 60 years
(a)
15 Oct 2055
(a)
10 Toh Guan
Road
126,700 31 Mar 2016
126,700
124,400
2.19
2.48
Changi Logistics
Centre
09 Mar 2004 Leasehold 60 years
(a)
15 Oct 2050
(a)
19 Loyang Way
86,200 31 Mar 2016
86,200
86,800
1.49
1.73
Nan Wah Building 31 May 2004 Leasehold 60 years
(a)
15 Oct 2057
(a)
4 Changi South
Lane
27,400 31 Mar 2016
27,400
29,900
0.47
0.60
40 Penjuru Lane 21 Jul 2004 Leasehold 48 years
(d)
31 Dec 2049
(d)
40 Penjuru Lane 246,900 31 Mar 2016
246,900
243,400
4.27
4.85
# Xilin Districentre
Building A&B
02 Dec 2004 Leasehold 60 years
(a)
31 May 2054
(a)
3 Changi South
Street 2
34,900 31 Mar 2016
34,900
33,900
0.60
0.68
# MacDermid
Building
02 Dec 2004 Leasehold 60 years
(a)
15 Jul 2050
(a)
20 Tuas Avenue
6
7,400 31 Mar 2016
7,400
7,400
0.13
0.15
Xilin Districentre
Building D
09 Dec 2004 Leasehold 60 years
(a)
31 Oct 2055
(a)
6 Changi South
Street 2
25,300 31 Mar 2016
25,300
25,700
0.44
0.51
# 9 Changi South
Street 3
28 Dec 2004 Leasehold 60 years
(a)
30 Apr 2055
(a)
9 Changi South
Street 3
39,900 31 Mar 2016
39,900
38,300
0.69
0.76
# 5 Toh Guan
Road East
28 Dec 2004 Leasehold 60 years
(a)
15 Dec 2049
(a)
5 Toh Guan
Road East
30,300 31 Mar 2016
30,300
33,000
0.52
0.66
Xilin Districentre
Building C
05 May 2005 Leasehold 60 years
(a)
30 Sep 2054
(a)
7 Changi South
Street 2
26,400 31 Mar 2016
26,400
26,000
0.46
0.52
Senkee Logistics
Hub
(Phase I and II)
23 Sep 2005 &
01 Feb 2008
Leasehold 45 years
(e)
31 Jan 2049
(e)
19 & 21 Pandan
Avenue
124,800 31 Mar 2016
124,800
124,800
2.16
2.49
1 Changi South
Lane
05 Oct 2005 Leasehold 60 years 31 Aug 2058 1 Changi South
Lane
44,700 31 Mar 2016
44,700
43,500
0.77
0.87
Logis Hub @
Clementi
05 Oct 2005 Leasehold 60 years
(a)
15 May 2053
(a)
2 Clementi Loop 33,700 31 Mar 2016
33,700
32,960
0.58
0.66
GSH Centre
18 Nov 2005 Leasehold 60 years
(a)
15 Nov 2063
(a)
11 Changi North
Way
16,400 31 Mar 2016
16,400
16,600
0.28
0.33
21 Jalan Buroh 14 Jun 2006 Leasehold 58 years
(a)
30 Sep 2055
(a)
21 Jalan Buroh 78,700 31 Mar 2016
78,700
78,700
1.36
1.57
30 Old Toh Tuck
Road
14 Jun 2006 Leasehold 60 years
(a)
15 Feb 2057
(a)
30 Old Toh Tuck
Road
21,900 31 Mar 2016
21,900
21,230
0.38
0.42
Sim Siang Choon
Building
19 Mar 2008 Leasehold 60 years
(a)
30 Sep 2054
(a)
21 Changi South
Avenue 2
29,000 31 Mar 2016
29,000
29,000
0.50
0.58
15 Changi North
Way
29 Jul 2008 Leasehold 60 years
(a)
31 Dec 2066
(a)
15 Changi North
Way
48,400 31 Mar 2016
48,400
48,400
0.84
0.96
Pioneer Hub
12 Aug 2008 Leasehold 30 years 30 Nov 2036 15 Pioneer Walk 119,800 31 Mar 2016
119,800
119,100
2.07
2.38
71 Alps Avenue 02 Sep 2009 Leasehold 60 years
(a)
14 Aug 2068
(a)
71 Alps Avenue 22,100 31 Mar 2016
22,100
21,800
0.38
0.43
90 Alps Avenue 20 Jan 2012 Leasehold 60 years
(a)
22 Oct 2070
(a)
90 Alps Avenue 50,400 31 Mar 2016
50,400
49,700
0.87
0.99
Total Singapore Logistics & Distribution Centres
1,331,900
1,331,900
1,323,190
23.02
26.39
Total Singapore investment properties
8,142,650
8,142,650
7,558,780
140.74
150.77
Investment Properties Portfolio Statement
As at 31 March 2016
The accompanying notes form an integral part of these financial statements.
.136
A-REIT ANNUAL REPORT
2015/2016