News

Notice Of Valuation Of Real Assets - Asset Valuation

BackJan 29, 2024

Announcement Title

Notice of Valuation of Real Assets

Date & Time of Broadcast

Jan 29, 2024 21:13

Status

New

Announcement Sub Title

Asset Valuation

Announcement Reference

SG240129OTHRBBWA

Submitted By (Co./ Ind. Name)

Kelvin Chua

Designation

Company Secretary, OUE REIT Management Pte. Ltd. (as Manager of OUE REIT)

Description (Please provide a detailed description of the event in the box below)

Please see the attached document.

Additional Details

Valuation Details

Date of Valuation	Name of the Valuer	Description of Property	Valuation Currency	Valuation Amount
31/12/2023	Savills Valuation and Professional Services (S) Pte Ltd	One Raffles Place in Singapore - Please see attached document for details of 3 properties.	Singapore Dollar	1,909,000,000
31/12/2023	Savills Valuation and Professional Services (S) Pte Ltd	OUE Downtown in Singapore - Please see attached document for details of 2 properties.	Singapore Dollar	930,000,000
31/12/2023	CBRE (Shanghai) Management Limited	Lippo Plaza in Shanghai, China - Please see attached document for details of the property.	Yuan Renminbi	2,400,000,000
31/12/2023	Cushman & Wakefield VHS Pte Ltd	Hilton Singapore Orchard - Please see attached document for details of the property.	Singapore Dollar	1,346,000,000
31/12/2023	Cushman & Wakefield VHS Pte Ltd	Mandarin Gallery - Please see attached document for details of the property.	Singapore Dollar	453,500,000
31/12/2023	Cushman & Wakefield VHS Pte Ltd	Crowne Plaza Changi Airport - Please see attached document for details of the property.	Singapore Dollar	519,000,000
31/12/2023	Cushman & Wakefield VHS Pte Ltd	OUE Bayfront in Singapore - Please see attached document for details of 3 properties.	Singapore Dollar	1,340,000,000

Valuation of Reports available for inspection at address during office hours

333 Orchard Road, #33-01, Singapore 238867

Reports available till date

29/04/2024

Attachments