Investor Presentaiton
Improvement in rents raised valuation of CCT's properties by
1.4% (excluding Raffles City Singapore and CapitaGreen)
Investment Properties
31 Dec 2013
S$m
30 Jun 2014
S$m
Variance
30 Jun 2014
%
S$psf
CCT Group
Capital Tower
1,282.0
1,301.0
1.5
1,764
Six Battery Road
1,285.0
1,312.0
2.1
2,653
One George Street
959.0
963.0
0.4
2,152
Twenty Anson
431.0
431.0
0.0
2,113
HSBC Building
429.0
446.0
4.0
2,225
Golden Shoe Car Park
138.4
139.0
0.4
NM (3)
Wilkie Edge
186.0
188.0
1.1
1,239
(1)
Bugis Village
58.6
57.9
(1.2)
478
CCT Group
4,769.0
4,837.9
1.4
Notes:
(1)
(2)
Joint Ventures
31 Dec 2013
S$m
30 Jun 2014
S$m
Variance
%
30 Jun 2014
S$psf
1,810.8
1,846.8
2.0
NM(3)
438.5
15.4
Raffles City Singapore (60% interest)
CapitaGreen (2) (40% interest) –
book value of property under
construction
380.0
Excludes Bugis Village which has lower rental rates assumed due to the right of the President of the Republic of Singapore, as Lessor
under the State Lease, to terminate the said Lease on 1 April 2019 upon payment of S$6,610,208.53 plus accrued interest.
Land valuation of CapitaGreen as at 30 Jun 2014 was S$284.8 million (40% interest) and took into consideration all applicable
differential premiums paid to government authority.
9
(3)
NM-Not Meaningful
CapitaCommercial Trust Presentation August 2014
NM(3)
Cap/taCommercial
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