Download Full Report - Ascendas REIT

Business & Science Park Properties
Property
Acquisition/
Completion
Date
Purchase Price/
Development
Cost (S$’m)
Book Value/
Valuation as at 31
March 10 (S$’m)
Gross Floor
Area (sqm)
Net Lettable
Area (sqm)
1 The Alpha 19 Nov 02 52.3 96.8 28,533 21,654
2 The Aries 19 Nov 02 39.4 52.1 14,695 13,459
3 The Capricorn 19 Nov 02 71.8 104.9 28,602 21,659
4 The Gemini 19 Nov 02 72.9 99.9 32,629 27,842
5 Honeywell Building 19 Nov 02 32.8 57.7 18,123 14,681
6 Ultro Building 30 Oct 03 18.0 38.3 11,450 10,127
7 Telepark 02 Mar 05 186.0 234.8 40,555 24,635
8 Techquest 05 Oct 05 7.5 21.1 7,920 6,545
9 PSB Science Park
Building
10 13 International
Business Park
18 Nov 05 35.0 64.5 32,013 21,689
10 Oct 06 20.0 26.8 10,116 7,164
11 iQuest @ IBP 12 Jan 07 18.6 31.5 12,143 9,126
12 HansaPoint @ CBP 22 Jan 08 26.1 81.4 19,448 17,310
13 Acer Building 19 Mar 08 75.0 76.4 29,185 22,571
14 Science Hub &
Rutherford
26 Mar 08 51.5 60.5 26,283 21,479
15 31 International
26 Jun 08 246.8 218.0 61,720 50,286
Business Park
16 1 & 3 Changi Business 16 Feb 09 & 166.1 179.4 53,638 44,371
Park Crescent
25 Sep 09
17 DBS Asia Hub*
31 Mar 10 116.0 117.7 32,774 32,104
Vendor:
Ascendas (Tuas) Pte Ltd
Total (Business & Science Park
Properties)
1,235.8 1,561.8 459,827 366,702
Notes:
* Property has no contribution to gross income for FY09/10 as it was acquired on the last day of the financial year.
The valuations for these properties were based on Direct Comparison Method, Capitalization Approach and Discounted Cash Flow Analysis
54 Ascendas real estate investment trust