(i)
The land titles of both The Aries and The Gemini have been amalgamated subsequent to the completion of asset
enhancement works for Sparkle, a link block connecting the two buildings.
(ii)
The Kendall was acquired from Singapore Science Park Ltd, a related party of the Manager, in March 2015 and was
recorded at the cost incurred upon acquisition as at 31 March 2015.
(iii)
ONE@Changi City was acquired from Ascendas Frasers Pte Ltd, a related party of the Manager, in March 2016.
(iv)
The 27 properties in Australia were acquired in October 2015 (10 properties), November 2015 (16 properties) and
February 2016 (1 property).
(a)
Includes an option for the Trust to renew the land lease for a further term of 30 years upon expiry.
(b)
Includes an option for the Trust to renew the land lease for a further term of 28 years upon expiry.
(c)
Includes an option for the Trust to renew the land lease for a further term of 17 years upon expiry.
(d)
Includes an option for the Trust to renew the land lease for a further term of 24.4 years upon expiry.
(e)
Includes an option for the Trust to renew the land lease for a further term of 15 years upon expiry.
(f)
Includes an option for the Trust to renew the land lease for a further term of 13 years upon expiry.
(g)
Includes an option for the Trust to renew the land lease for a further term of 12 years upon expiry.
(h)
At the end of the 30-year lease, the Trust has the option to renew the land lease for Building A for a further term of 26
years and to renew the land lease for Building B for a further term of 16 years, 4 months and 16 days.
# Portfolio CL – These properties were pledged as securities in relation to the $300.0 million exchangeable collateralised
securities issued by Ruby Assets Pte. Ltd., a subsidiary of the Trust.
Investment Properties Portfolio Statement
As at 31 March 2016
The accompanying notes form an integral part of these financial statements.
.141
A-REIT ANNUAL REPORT
2015/2016
