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188 <strong>The</strong> <strong>Link</strong> Real Estate Investment Trust <strong>Annual</strong> <strong>Report</strong> <strong>2007</strong><br />
Valuation <strong>Report</strong><br />
<strong>The</strong> reported analyses, opinions and conclusions are limited only by the reported assumptions and limiting conditions and<br />
are our personal, unbiased professional analyses, opinions and conclusions. Messrs Kam-hung Yu, Danny Mohr and Sim Hwee<br />
Yan have no present or prospective interest in the subject properties and have no personal interest or bias with respect to the<br />
party/s involved. <strong>The</strong> valuers’ compensation is not contingent upon the reporting of a predetermined value or direction in value<br />
that favours the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of<br />
a subsequent event (such as a lending proposal or sale negotiation).<br />
We hereby certify that the valuers undertaking these valuations are authorised to practise as valuers and have at least 15 years<br />
continuous experience in valuation.<br />
Yours faithfully<br />
CB Richard Ellis<br />
Danny Mohr AAPI MRICS<br />
Executive Director<br />
Valuation & Advisory Services<br />
Sim Hwee Yan BSc (Est. Mgt) Hons FSISV<br />
Executive Director<br />
Valuation & Advisory Services<br />
Kam-hung Yu RPS(GP) FHKIS FRICS<br />
Executive Director<br />
Valuation & Advisory Services<br />
<strong>The</strong> valuation reports contain in this report are in summary form. A full version of the valuation reports of all properties held by<br />
<strong>The</strong> <strong>Link</strong> <strong>REIT</strong> in English language is available for inspection at the registered office of the Manager.
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