HIGH-SPECIFICATIONS INDUSTRIAL PROPERTIES
& DATA CENTRES
S I N G A P O R E
Property
Acquisition/
Completion Date
Purchase Price*/
Development Cost (S$m)
Valuation as at
31 March 2016 (S$m)
Data Centres
30 Telepark
02 Mar 05
186.0
271.9
31 Kim Chuan Telecommunications Complex
02 Mar 05
100.0
142.0
32 38A Kim Chuan Road^
11 Dec 09
98.4
123.1
Total (Data Centres)
384.4
537.0
High-Specifications Industrial Properties
33 Techlink
#
19 Nov 02
69.8
124.0
34 Siemens Centre
12 Mar 04
65.8
102.9
35 Infineon Building
#
01 Dec 04
50.9
85.0
36 Techpoint
#
**
01 Dec 04
75.0
149.7
37 Wisma Gulab
01 Dec 04
55.7
77.0
38 KA Centre
02 Mar 05
19.2
45.2
39 KA Place
02 Mar 05
11.1
20.7
40 Pacific Tech Centre
01 Jul 05
62.0
91.0
41 Techview
#
05 Oct 05
76.0
138.5
42 1 Jalan Kilang
27 Oct 05
18.7
27.3
43 30 Tampines Industrial Avenue 3
15 Nov 05
22.0
36.1
44 31 Ubi Road 1
21 Feb 06
23.0
35.0
45 50 Kallang Avenue
27 Feb 06
28.6
42.2
46 138 Depot Road
#
15 Mar 06
42.3
69.5
47 2 Changi South Lane
01 Feb 07
30.0
36.6
48 CGG Veritas Hub
#
25 Mar 08
18.3
23.7
49 Corporation Place
08 Dec 11
99.0
116.0
50 Hyflux Innovation Centre
30 Jun 14
191.2
212.0
Total (High-Specifications Industrial
Properties & Data Centres)
1,343.0
1,969.4
Notes:
The valuation for these properties were based on Capitalisation Approach and Discounted Cash Flow Analysis.
* Purchase price excludes transaction costs.
# Acquired from Ascendas-Singbridge Group.
^ Property was valued by independent valuer at S$185.5 million. A-REIT has recorded the property at S$185.5 million comprising S$123.10 million in land and
building and S$62.40 million in M&E equipment.
** As at 31 March 2016, these properties recorded a depreciation on revaluation against their corresponding values as at 31 March 2015.
.60
A-REIT ANNUAL REPORT
2015/2016