OUE Commercial REIT - Annual Report 2021
LIPPO PLAZA MANDARIN GALLERY HILTON SINGAPORE ORCHARD CROWNE PLAZA CHANGI AIRPORT Lippo Plaza is a Grade A commercial building located on Huaihai Zhong Road, within the Huangpu business district, one of Shanghai’s established core CBD locations in the Puxi area of downtown Shanghai, China. Crowne Plaza Changi Airport, managed by InterContinental Hotels Group, is a 563- room hotel situated within the vicinity of the passenger terminals of Changi Airport. The hotel is connected directly to Changi Airport Terminal 3 and enjoys seamless connectivity to Jewel Changi Airport via a pedestrian bridge from Terminal 3. Formerly known as Mandarin Orchard Singapore, Hilton Singapore Orchard is Hilton's flagship hotel in Singapore and the largest in Asia Pacific. With 1,080 rooms, the hotel is also the largest in the heart of Orchard Road, Singapore's shopping and entertainment district, providing top accommodation choices for both leisure and business travellers globally. Mandarin Gallery is a high- end retail mall situated along Orchard Road, in the heart of Singapore’s shopping precinct. The mall boasts a wide 152-metre frontage, according it a high degree of prominence, and serves as a preferred flagship location for international brands. 91.2% share of strata ownership 100% 100% 100% 50-year land use right commencing from 2 July 1994 74-year lease from 1 July 2009 99-year lease from 1 July 1957 99-year lease from 1 July 1957 RMB2,681.0 million (S$574.5 million) S$455.2 million S$1,130.0 million S$453.9 million S$25.1 million S$22.5 million S$45.0 million S$21.2 million Overall: 92.9% Office: 91.8% Retail: 98.6% FY 2021 RevPAR: S$110 FY 2021 RevPAR: S$62 86.7% 39,259.2 sq m Gross Floor Area: 40,913.5 sq m Gross Floor Area 6 : 91,999.8 sq m 11,732 sq m 9 A N N U A L R E P O R T 2 0 2 1
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