Ascendas REIT - Annual Report 2021

Business & Science Park Properties S I N G A P O R E Property Acquisition/ Completion Date Purchase Price*/ Development Cost (S$ million) Valuation + as at 31 December 2021 (S$ million) one-north Properties 1 Neuros & Immunos # 31 Mar 11 125.6 143.0 2 Nexus @one-north 04 Sep 13 181.3 202.8 3 Nucleos # 11 Dec 19 289.0 346.1 4 Galaxis # 30 Jun 21 697.5 733.6 5 Grab Headquarters 30 Jul 21 184.6 191.5 Total (one-north Properties) 1,478.0 1,617.0 International Business Park Properties 6 Techquest # 05 Oct 05 7.5 24.9 7 iQuest@IBP^ 12 Jan 07 18.6 – 8 Acer Building 19 Mar 08 75.0 79.1 9 31 International Business Park 26 Jun 08 246.8 206.1 10 Nordic European Centre 08 Jul 11 121.6 121.1 Total (International Business Park Properties) 469.5 431.2 Changi Business Park Properties 11 17 Changi Business Park Central 1 (formerly Honeywell Building)** # 19 Nov 02 32.8 62.4 12 1 Changi Business Park Avenue 1 30 Oct 03 18.0 57.2 13 Hansapoint 22 Jan 08 26.1 112.7 14 1, 3 & 5 Changi Business Park Crescent** 16 Feb 09 25 Sep 09 31 Dec 10 200.9 337.8 15 DBS Asia Hub # 31 Mar 10 15 Apr 15 137.8 206.0 16 3 Changi Business Park Vista** 08 Dec 11 80.0 70.7 17 ONE@Changi City # 01 Mar 16 420.0 502.4 Total (Changi Business Park Properties) 915.6 1,349.2 Singapore Science Park I Properties 18 The Rutherford & Oasis # 26 Mar 08 51.5 100.0 19 Cintech I # 29 Mar 12 47.1 58.6 20 Cintech II # 29 Mar 12 35.3 49.0 21 Cintech III & IV** # 29 Mar 12 100.7 125.0 22 12, 14 & 16 Science Park Drive # 16 Feb 17 420.0 464.0 Total (Singapore Science Park I Properties) 654.6 796.6 Singapore Science Park II Properties 23 The Alpha** # 19 Nov 02 52.3 90.0 24 The Aries, Sparkle & Gemini 19 Nov 02 129.2 214.0 25 The Capricorn # 19 Nov 02 71.8 123.0 26 The Galen # 25 Mar 13 126.0 150.0 27 The Kendall # 30 Mar 15 112.0 134.0 28 FM Global Centre # 11 Dec 19 91.0 98.3 Total (Singapore Science Park II Properties) 582.3 809.3 Total (Business & Science Parks Properties) 4,100.0 5,003.3 Notes: * Purchase Price excludes transaction cost associated with the purchase of the property. ** As at 31 December 2021, these properties recorded a depreciation on revaluation against their corresponding values as at 31 December 2020 due to changing market conditions. + The valuation for these properties were based on Capitalisation Approach and Discounted Cash Flow Analysis. ++ Includes gross rental income, car park income and other income. # Acquired from the Sponsor. ^ iQuest is decommissioned for redevelopment. Properties with BCA Green Mark Certifications. For more details, please refer to www.ascendas-reit.com/en/sustainability/green-buildings.html Ascendas Reit 70