Investor Presentaiton
Acquisitions Entered Into in FY 2022
c.S$420 mil invested in 15 properties
No. Property
Lodging Type
Location
No. of
units
Acquisition date /
Purchase price
EBITDA/NOI yield
target completion date
Eslead College Gate Kindaimae
Student Accommodation
Osaka, Japan
112
Mar 2022
2
Eslead Residence Bentencho Grande
Rental Housing
Osaka, Japan
120
Dec 2022
+
3 Eslead Residence Umeda Grande
Sagisu 5chome
5 Hakata Property
Rental Housing
Osaka, Japan
70
JPY10.4 bil
(S$125.0 mil)
c.4.0% 1
Dec 2022
Rental Housing
Osaka, Japan
108
2Q 2023
Rental Housing
Fukuoka, Japan
247
2Q 2023
6
La Clef Tour Eiffel Paris
Serviced Residence
Paris, France
112
3.7%
7
Quest Cannon Hill
Serviced Residence
Brisbane, Australia
100
6.5%
8
Somerset Central TD Hai Phong City
Serviced Residence
Hai Phong City, Vietnam
132
3.2% / 9.7%²
9
House Saison Shijo-dori
Rental Housing
Kyoto, Japan
190
10
Marunouchi Central Heights
Rental Housing
Nagoya, Japan
30
S$215.2 mil
Nov 2022
11 S-Residence Gakuenzaka
Rental Housing
Osaka, Japan
58
4.1% -5.0%
13
23
12 S-Residence Namba Viale
Rental Housing
Osaka, Japan
S-Residence Shukugawa
Rental Housing
Hyogo, Japan
116
33
Standard at Columbia
14
Student Accommodation
Columbia, USA
247
5.0%³
(additional 45% stake)
15
Rental Housing Property
Rental Housing
Fukuoka, Japan
JPY8.0 bil
(S$82.6 mil)
c.4.0% 1
2024
Notes:
1. Expected stabilised NOI yield
2.
Based on the historical pre-Covid-19 EBITDA levels in 2019
3.
Refers to the stabilised EBITDA yield on cost, based on JLL's valuation report; the cost of development is based on the agreed property value of the property plus outstanding construction cost and capitalised interest expense for the
development
CapitaLand Ascott Trust
Investor Presentation
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