Ascendas REIT - Annual Report 2021

Integrated Development, Amenities & Retail 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$million) GFA (sq m) NLA (sq m) Address Gross Revenue ++ for 2021 (S$ million) Occupancy Rate as at 31 December 2021 29 Courts Megastore** 30 Nov 06 46.0 59.6 28,410 28,410 50 Tampines North Drive 2 7.4 100.0% 30 Giant Hypermart** 06 Feb 07 65.4 75.2 42,194 42,178 21 Tampines North Drive 2 8.5 100.0% 31 Aperia** 08 Aug 14 458.0 580.0 86,696 70,739 8, 10 & 12 Kallang Avenue 44.4 89.3% Total (Integrated Development, Amenities & Retail Properties) 569.4 714.8 157,300 141,327 60.3 94.6% 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. Properties with BCA Green Mark Certifications. For more details, please refer to www.ascendas-reit.com/en/sustainability/green-buildings.html Annual Report 2021 73