Ascendas REIT - Annual Report 2021

High-Specifications Industrial Properties and Data Centres 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) High-Specifications Industrial Properties 32 Techlink # 19 Nov 02 69.8 127.0 33 10 Toh Guan Road** 05 Mar 04 92.0 119.2 34 Siemens Centre 12 Mar 04 65.8 108.7 35 Infineon Building # 01 Dec 04 50.9 93.2 36 Techpoint # 01 Dec 04 75.0 150.5 37 KA Centre 02 Mar 05 19.2 52.6 38 KA Place 02 Mar 05 11.1 22.7 39 Pacific Tech Centre** 01 Jul 05 62.0 88.5 40 Techview # 05 Oct 05 76.0 166.9 41 1 Jalan Kilang 27 Oct 05 18.7 24.3 42 30 Tampines Industrial Avenue 3** 15 Nov 05 22.0 33.4 43 31 Ubi Road 1 21 Feb 06 23.0 30.0 44 Schneider Electric Building^ 27 Feb 06 21 Jun 17 45.2 91.5 45 138 Depot Road # 15 Mar 06 42.3 75.3 46 2 Changi South Lane** 01 Feb 07 30.0 38.2 47 CGG Veritas Hub # ** 25 Mar 08 18.3 15.3 48 Corporation Place 08 Dec 11 99.0 124.5 49 80 Bendemeer Road 30 Jun 14 191.2 212.3 Total (High-Specifications Industrial Properties) 1,011.5 1,574.1 Data Centres 50 Telepark 02 Mar 05 186.0 272.5 51 Kim Chuan Telecommunications Complex 02 Mar 05 100.0 149.9 52 38A Kim Chuan Road ## 11 Dec 09 98.4 129.8 Total (Data Centres) 384.4 552.2 Total (High-Specifications Industrial Properties and Data Centres) 1,395.9 2,126.3 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. ## 38A Kim Chuan Road was valued by independent valuer at S$175.2 million. Ascendas Reit has recorded the property at S$175.2 million comprising S$129.8 million in land and building, and S$45.4 million in M&E equipment ^ Schneider Electric Building was acquired on 27 February 2006. It was subsequently redeveloped and leased to a single-tenant. The redevelopment was completed on 21 June 2017. Properties with BCA Green Mark Certifications. For more details, please refer to www.ascendas-reit.com/en/sustainability/green-buildings.html Ascendas Reit 76