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TRANSCRIPT
1 29 January 2019
Portfolio Details
Ascott Residence TrustA Leading Global Serviced Residence REIT
2
731 Quality Assets Diversified Geographically Across 14 Countries, 37 Cities
United States of America
o DoubleTree by Hilton Hotel
New York – Times Square
South
o Element New York Times
Square West
o Sheraton Tribeca New York
Hotel
United Kingdom
o Citadines Barbican London
o Citadines Holborn-Covent
Garden London
o Citadines South Kensington
London
o Citadines Trafalgar Square
London
Spain
o Citadines Ramblas Barcelona
France
o Citadines Austerlitz Paris
o Citadines Didot Montparnasse Paris
o Citadines Les Halles Paris
o Citadines Maine Montparnasse Paris
o Citadines Montmartre Paris
o Citadines Place d’Italie Paris
o Citadines République Paris
o Citadines Tour Eiffel Paris
o Citadines Trocadéro Paris
o La Clef Louvre Paris
o Citadines Croisette Cannes
o Citadines City Centre Grenoble
o Citadines City Centre Lille
o Citadines Presqu’île Lyon
o Citadines Castellane Marseille
o Citadines Prado Chanot Marseille
o Citadines Antigone MontpellierGermanyo Citadines Arnulfpark Munich
o Citadines City Centre Frankfurt
o Citadines Kurfürstendamm Berlin
o Citadines Michel Hamburg
o Madison Hamburg
Belgium
o Citadines Sainte-Catherine Brussels
o Citadines Toison d’Or Brussels
China
o Ascott Guangzhou
o Citadines Xinghai Suzhou
o Citadines Zhuankou Wuhan
o Somerset Grand Central Dalian
o Somerset Heping Shenyang
o Somerset Olympic Tower Property Tianjin
o Somerset Xu Hui Shanghai
Japan
o Citadines Central Shinjuku Tokyo
o Citadines Shinjuku Tokyo
o Somerset Azabu East Tokyo
o Citadines Karasuma-Gojo Kyoto
o Actus Hakata V-Tower
o Big Palace Kita 14jo
o Gravis Court Kakomachi
o Gravis Court Kokutaiji
o Gravis Court Nishiharaekimae
o Infini Garden
o Roppongi Residences Tokyo
o S-Residence Hommachi Marks
o S-Residence Tanimachi 9 chome
o S-Residence Midoribashi Serio
o S-Residence Fukushima Luxe
Vietnamo Somerset Grand Hanoi
o Somerset Hoa Binh Hanoi
o Somerset West Lake Hanoi
o Somerset Chancellor Court Ho
Chi Minh City
o Somerset Ho Chi Minh City
Philippines
o Ascott Makati
o Somerset
Millennium Makati
Malaysia
o Somerset Ampang
Kuala Lumpur
Singapore
o Ascott Orchard Singapore
o Ascott Raffles Place
Singapore
o Citadines Mount Sophia
Property Singapore
o Somerset Liang Court
Property Singapore
Ascott REIT’s Global Footprint
o Ascott Jakarta
o Somerset Grand
Citra Jakarta
IndonesiaAustralia
o Citadines On Bourke Melbourne
o Citadines St Georges Terrace Perth
o Quest Campbelltown
o Quest Mascot
o Quest Sydney Olympic Park
Notes:
1. Excluding lyf one-north Singapore (under development)
3
Breakdown of Valuation by Country
Country No. of
Properties
No. of Units Valuation
(LC mil)
Valuation
(S$ mil)
Australia 5 777 AUD 277.6 269.1
Belgium 2 323 EUR 40.5 63.3
China 7 1,441 RMB 2,544.0 502.2
France 17 1,672 EUR 329.3 514.1
Germany 5 721 EUR 159.7 249.4
Indonesia 2 407 USD 75.0 102.8
Japan 15 2,086 JPY 52,463.0 633.8
Malaysia 1 205 MYR 158.0 51.7
Philippines 2 495 PHP 5,390.02 141.02
Singapore1 4 717 S$965.0 965.0
Spain 1 131 EUR 46.4 72.4
United Kingdom 4 600 GBP 277.6 486.5
United States 3 1,004 USD 443.8 608.2
Vietnam 5 851 VND 4,804.1Bil 283.4
Total 73 11,430 - 4,942.9
Note: Figures above as at 31 December 2018.
1. Excluding lyf one-north Singapore (under development) and including Ascott Raffles Place Singapore of S$215.0 million
2. Valuation relates to 427 units owned by Ascott Reit
4 Master Lease Metro/Train Station
Greater Sydney
Quest Sydney Olympic Park
Units 140
Tenure (years)/ Expiry
99/2111
Valuation(S$/LC’mil)
S$44.6/ AUD46.0
Quest Mascot
Units 91
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$24.5/ AUD25.3
Quest Campbelltown
Units 81
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$21.8/ AUD22.5
Located in the Sydney Olympic Park suburb, approximately 16km away from the Sydney
Central Business District
Darling Harbour
Capitol Theatre
University of Sydney
University of New South Wales
Located minutes from Sydney Airport
and a 15 minutes drive from Sydney’s
Central Business District
Western Sydney Priority Growth Area
Located in close proximity to the Western Sydney
Priority Growth Area, which will also house the planned
second Sydney AirportSydney Airport
Direct Factory Outlets
ANZ stadium
Qudos Bank Arena
Sydney Aquatic Centre
Sydney Showgrounds
Commercial zone of Alexandria and
Botany
Properties in Australia
Note: Figures above as at 31 December 2018
Source: Google Maps
5
Properties in Australia
Metro/Train StationManagement Contract
Perth Melbourne
Located in the heart of Melbourne City Centre, and a stone’s throw away from major
financial and commercial offices and places of interest
Citadines on Bourke Melbourne
Units 380
Tenure (years)/ Expiry Freehold
Valuation(S$/LC’mil)
S$159.0/ AUD164.0
Queen Victoria Market
University of Melbourne
Chinatown
State Library Victoria
Flinders Street Railway Station
Citadines St Georges Terrace Perth
Units 85
Tenure (years)/ Expiry Freehold
Valuation(S$/LC’mil)
S$19.2/ AUD19.8
Located in the heart of Perth’s Central Business District, and a few
minutes’ walk to the Perth Convention and Exhibition Centre
Perth Convention and Exhibition
Centre
Supreme Court of Perth
Note: Figures above as at 31 December 2018
Source: Google Maps
6
Properties in Belgium & Spain
Proximity to historical landmarks and major commercial districts in Brussels; Centrally located right in La Rambla, Barcelona
Citadines Sainte-Catherine Brussels
Units 169
Tenure (years)/
ExpiryFreehold
Valuation(S$/LC’mil)
S$32.9/ EUR21.1
Citadines Toison d’Or Brussels
Units 154
Tenure (years)/
ExpiryFreehold
Valuation(S$/LC’mil)
S$30.4/ EUR19.5
Palace of Justice
Grand Place (UNESCO World Heritage Site)
Royal Palace of Brussels
Management Contract with Minimum Guaranteed Income Metro/Train Station
Central Station
Avenue Louise
Cathedral of St. Michael and
St. Gudula
Citadines Ramblas Barcelona
Units 131
Tenure (years)/ Expiry Freehold
Valuation(S$/LC’mil)
S$72.4/ EUR46.4
Catalonia Square
Located in the renowned district of La Rambla, close to major
commercial and historical sites
La Ramblastreet
Gothic Quarter
Note: Figures above as at 31 December 2018
Source: Google Maps
Belgium Spain
7
Properties in ChinaShanghai
Somerset Xu Hui Shanghai
Units 168
Tenure (years)/ Expiry
70/2066
Valuation(S$/LC’mil)
S$75.8/ RMB384.0
Located in a prime residential district of
Shanghai, close to HuaiHai Zhong Road
Huanmao iAPMshopping centre
HuaihaiInternational
Plaza
Somerset Olympic Tower Property Tianjin
Units 185
Tenure (years)/ Expiry
70/2062
Valuation
(S$/LC’mil)
S$65.7/
RMB333.0
Tianjin
Xintiandi Shopping Mall
Located in a shopping and residential area, it is a short 15-minute walk
to Tianjin’s Central Business District, and
closely linked to other parts of the city
Tianjin Railway Station
Tianjin Department Store
Maigo
Tianjin QuanyeBazaar
Tianjin People’s Gymnasium
Metro/Train StationManagement ContractNote: Figures above as at 31 December 2018
Source: Google Maps
8
Part of an integrated
development in the Wuhan
Economic and Technological Development Zone, with a
wide selection of residential,
retail and food outlets in
the vicinity
Properties in China
Metro/Train Station
Guangzhou Dalian
Ascott Guangzhou
Units 207
Tenure (years)/ Expiry 70/ 2074
Valuation (S$/LC’mil) S$101.3/ RMB513.0
Citic Plaza
Malaysian Consulate
TaiKoo Hui
Tianhe Financial District
Pearl River New Town Central
Business District
R&F Centre
International Finance Centre
Located in the heart of Tianhe Financial District and
a 15 minute drive from the Central Business District
Somerset Grand Central Dalian
Units 195
Tenure (years)/ Expiry
50/2056
Valuation(S$/LC’mil)
S$104.4/ RMB529.0
Management Contract
Located on Jinma Road, right in the middle of Dalian’s
Development Area’s Central Business District
DongshanScenic Area
Paotaishan Park
Mykal
Wuhan
Citadines Zhuankou Wuhan
Units 249
Tenure (years)/ Expiry
40/2043
Valuation(S$/LC’mil)
S$44.2/ RMB224.0
XianglongTimes Square
Dongfeng Peugeot Citroën Automobiles
Wanda Plaza
Wuhan Sports Center
AnshengShopping Mall
Note: Figures above as at 31 December 2018; Source: Google Maps
9
Properties in ChinaShenyang
Somerset Heping Shenyang
Units 270
Tenure (years)/ Expiry
40/2046
Valuation(S$/LC’mil)
S$80.5/ RMB408.0
Located in the heart of Shenyang’s main
commercial and shopping district
ZhongshanSquare
Taiyuan Street shopping area
Shenyang Railway Station
Wanda Plaza
Zhongxing Shenyang Commercial Building
City Plaza building
Suzhou
Citadines Xinghai Suzhou
Units 167
Tenure (years)/ Expiry
70/2066
Valuation(S$/LC’mil)
S$30.2/ RMB153.0
Located at the heart of the vibrant Suzhou Industrial Park,
surrounded by a hive of business and recreational activities
Jinji Lake
Suzhou Culture and Arts Center
Zuo’anCommercial Street
Xinghai Swimming Complex
Jiacheng Building
Metro/Train StationManagement ContractNote: Figures above as at 31 December 2018; Source: Google Maps
10
Properties in France
Paris
2
3
4
5
6
7
1
Metro/Train Station
Eiffel Tower
Arc de Triomphe
The Louvre
Notre Dame
Bataclan
Place de la
République
The
Catacombs
Sacré-Cœur
Moulin Rouge
1 Citadines Montmartre
Citadines Trocadéro
Citadines Tour Eiffel
Citadines Didot Montparnasse
Citadines Maine Montparnasse
Citadines Place d’Italie
Citadines Austerlitz
Citadines République
Citadines Les Halles
La Clef Louvre
2
3
4
5
6
7
8
9
10
89
Master Lease
Opera
Ave Champs Elysées
10
Note: Figures above as at 31 December 2018
Source: Google Maps
11
Citadines Place
d’Italie
Citadines
Austerlitz
Citadines
République
Citadines Les
HallesLa Clef Louvre
Units 169 50 76 189 51
Tenure (years)/
ExpiryFreehold Freehold Freehold Freehold Freehold
Valuation
(S$/LC’mil)
S$50.6/
EUR32.4
S$11.1/
EUR7.1
S$22.6/
EUR14.5
S$90.1/
EUR57.7
S$46.8/
EUR30.0
Properties in France
Citadines
Montmartre
Citadines
Trocadéro
Citadines Tour
Eiffel
Citadines Didot
Montparnasse
Citadines
Maine
Montparnasse
Units 111 97 104 80 67
Tenure
(years)/
Expiry
Freehold Freehold Freehold Freehold Freehold
Valuation
(S$/LC‘mil)
S$37.0/
EUR23.7
S$43.0/
EUR27.5
S$74.8/
EUR47.9
S$21.9/
EUR14.0
S$23.7/
EUR15.2
1 2 3 4 5
6 7 8 9 10
Paris
Note: Figures above as at 31 December 2018
Source: Google Maps
12
Properties in France
Metro/Train StationMaster Lease
Lyon Cannes
Citadines Presqu’île Lyon
Units 116
Tenure (years)/ Expiry Freehold
Valuation(S$/LC’mil)
S$22.3/ EUR14.3
Central Business District
Town Hall
Located in the city centre and near to the Central Business District
Town Hall
Croisette Promenade
Citadines Croisette Cannes
Units 58
Tenure (years)/ Expiry Freehold
Valuation(S$/LC’mil)
S$7.5/ EUR4.8
Located a short distance away from the Palais des Festivals et
Congrès, where the Cannes Film Festivals are held
Cannes Railway Station
Palais des Festivals
Note: Figures above as at 31 December 2018
Source: Google Maps
13
Properties in France
Metro/Train StationMaster Lease
Grenoble Lille
Citadines City Centre Grenoble
Units 107
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$8.9/ EUR5.7
Citadines City Centre Lille
Units 101
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$14.8/ EUR9.5
Casino
Euralille
Shopping MallLille Opera
Paroisse Saint
Maurice
Théatre du Nord
Located within the city centre and in close proximity to major commercial
and entertainment points
GaleriesLafayette
Notre-Dame Cathedral
City Hall (further south)
Garage hélicoidal
Algerian Consulate
Place du Tribunal
Administrative Tribunal
Located within the city centre and a short distance away from
major historical landmarks and diplomatic areas
Lille Railway Station
L’Aéronef Live
Music Venue
Note: Figures above as at 31 December 2018.
Source: Google Maps
14 Master Lease Metro/Train Station
Marseille
Citadines Castellane Marseille
Units 97
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$13.0/ EUR8.3
Citadines Prado Chanot Marseille
Units 77
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$9.8/ EUR6.3
Notre-Dame de la Garde Basilica
Abbey of Saint-Victor
Centre of Public Finance
Sacré CœurBasilica
Consulate General of Algeria
Consulate General of Greece
Consulate General of MauritaniaConsulate General
of Libya
Well-connected and located in strategic zones in close proximity
to diplomatic areas and various points of interests
Montpellier
Citadines Antigone Montpellier
Units 122
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$16.2/ EUR10.4
Located near the historic city centre in the district of Antigone,
close proximity to notable places of interest and commercial zones
Corum
Polygone Shopping Center
Historic City Centre –Place de la Comédie
Europe Square
(further east)
Properties in France
Note: Figures above as at 31 December 2018
Source: Google Maps
15
Properties in Germany
Metro/Train StationMaster Lease
Hamburg Berlin
HafenCity Development District
Located close to HafenCity, Europe’s largest inner city development, and
commercial districts
Citadines Michel Hamburg
Units 127
Tenure (years)/ Expiry
99/2111
Valuation(S$/LC’mil)
S$50.0/ EUR32.0
Madison Hamburg
Units 166
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$76.0/ EUR48.7
Rathaus(Town Hall)
Citadines Kurfürstendamm Berlin
Units 117
Tenure (years)/ Expiry
Freehold
Valuation
(S$/LC’mil)
S$22.4/
EUR14.4
Located in commercial district of Kurfürstendamm and ten
minutes drive to the Financial District of Potsdamer Platz
Kaiser Wilhelm Memorial Church
Note: Figures above as at 31 December 2018
Source: Google Maps
16
Properties in Germany
Metro/Train StationMaster Lease
Munich Frankfurt
Citadines Arnulfpark Munich
Units 146
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$37.0/ EUR23.7
Citadines City Centre Frankfurt
Units 165
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$64.0/ EUR41.0
Congress Center Messe Frankfurt
Frankfurt am Main Train Station
Financial District
Main Tower
Located close to major transportation hubs and major
commercial buildings, ten minutes drive to Financial District
Google OfficeCity Centre
Marienplatz
Located in the Westendtechnology center district, and
only a short drive to the historical city centre and Financial District
Note: Figures above as at 31 December 2018
Source: Google Maps
17
Properties in Indonesia
Metro/Train Station
Ascott Jakarta
Units 204
Tenure (years)/ Expiry1
26/2024
Valuation(S$/LC’mil)
S$63.0/ USD46.0
Somerset Grand Citra Jakarta
Units 203
Tenure (years)/ Expiry1
30/ 2024
Valuation(S$/LC’mil)
S$39.7/ USD29.0
World Trade Center
Management Contract
Located in ‘The Golden Triangle’ – in the heart of Jakarta’s main business and shopping areas
Golden Triangle of Jakarta - Central
Business District
National Monument
Grand Indonesia & Plaza Indonesia
Lotte Shopping Avenue
Jakarta’s MRT line is currently under construction and is
targeted to start operations in 2019.
Within proximity to the city’s main CBD, Embassies and
shopping & entertainment attractions
Note: Figures above as at 31 December 2018. Source: Google Maps
1. Renewable upon expiry, subject to approval.
18
Properties in Japan
Citadines Central Shinjuku Tokyo
Units 206
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$130.6/ JPY10,810.0
Located in the heart of Shinjuku – Tokyo’s central
ward, a huge business, commercial, and
entertainment centre
Citadines Shinjuku Tokyo
Units 160
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$110.3/JPY9,130.0
Located in the Shimogyo-ku area, a
nexus for commerce and shopping
Located in the upscale Azabu
district of Minato-ku in Tokyo’s Central
Business District
Somerset Azabu East Tokyo
Units 79
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$43.3/JPY3,583.0
Citadines Karasuma-GojoKyoto
Units 124
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$58.1/JPY4,807.0
Tokyo Kyoto
Management Contract Metro/Train Station
Kyoto station,
Bullet train
station in Kyoto
Note: Figures above as at 31 December 2018
Source: Google Maps
19
Properties in Japan
Roppongi Residences Tokyo
Units 64
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$37.4/ JPY3,092.0
Actus Hakata V-Tower
Units 296
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$43.9/JPY3,631.0
Infini Garden
Units 389
Tenure
(years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$80.6/JPY6,670.0
Tokyo Fukuoka
Management Contract Metro/Train Station
Situated strategically within Minato-Ku, the Central Business
District of Tokyo, headquarters to a number of MNC and embassies.
Being one of the main entertainment area, Roppongi
houses many trendy restaurants and nightclubs.
Tokyo Midtown
Roppongi HillsHakata – Fukuoka’s
city centreHigashi-ku – the east ward of Fukuoka City
The 11 rental housing properties are strategically located in five cities of Japan, namely Tokyo, Fukuoka, Hiroshima, Osaka and Sapporo
Canal City
Hakata
shopping mall
Hakata station,
main train
station in
Fukuoka
Note: Figures above as at 31 December 2018
Source: Google Maps
20
Properties in Japan
Gravis Court Kakomachi
Units 63
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$7.2/ JPY600.0
Gravis Court Kokutaiji
Units 48
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$5.4/JPY449.0
Big Palace Kita 14jo
Units 140
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$18.3/JPY1,517.0
Hiroshima Sapporo
Management Contract Metro/Train Station
Located in Hiroshima’s Asaminami-ku ward and
Naka-ku ward, home to Hiroshima’s central
business district
Located in Sapporo’s Chuo-ku, the central ward
of Sapporo and home to the city administration and
entertainment district
Central Business District
Gravis Court Nishiharaekimae
Units 29
Tenure
(years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$4.5/JPY372.0
The 11 rental housing properties are strategically located in five cities of Japan, namely Tokyo, Fukuoka, Hiroshima, Osaka and Sapporo
Sapporo
Station, a major
transport hub
Chuo-ku
Note: Figures above as at 31 December 2018
Source: Google Maps
21
Osaka
The 11 rental housing properties are strategically located in five cities of Japan, namely Tokyo, Fukuoka, Hiroshima, Osaka and Sapporo
S-Residence Tanimachi 9 chome
Units 102
Tenure
(years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$20.7/ JPY1,711.0
Management Contract Metro/Train Station
S-Residence HommachiMarks
Units 110
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$18.8/ JPY1,553.0
S-Residence MidoribashiSerio
Units 98
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$17.3/ JPY1,428.0
S-Residence Fukushima Luxe
Units 178
Tenure (years)/ Expiry
Freehold
Valuation (S$/LC’mil)
S$37.6/ JPY3,110.0
Financial District
Located in Higashinari-ku, the eastern industrial zone
of Osaka City
Located in Chuo-ku, Osaka’s financial district and home to the
Osaka Prefecture offices and principal shopping and tourist areas
Located in Fukushima-ku, within proximity to the
Umeda business centre
Umeda – major commercial and
business district
Osaka Station, a major transport
hub
Properties in Japan
Note: Figures above as at 31 December 2018
Source: Google Maps
22
Units 362
Tenure (years)/ Expiry
48/2044
Valuation(S$/LC’mil)
S$125.1/ PHP4,782.0
Ascott Makati
PhilippinesMalaysia
Somerset Millennium Makati
Units 133
Tenure (years)/ Expiry
Freehold
Valuation1
(S$/LC’mil)S$15.9/ PHP608.0
Somerset Ampang Kuala Lumpur
Units 205
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$51.7/ MYR158.0
Situated along the prestigious Embassy Row area and housed
within an integrated development, the property is
flanked by HSC Medical Center – Malaysia’s leading medical,
heart and diagnostic hub.
The Intermarkdevelopment
Petronas Twin Towers
Suria KLCC
Ampang Park Shopping Centre
Located in the heart of Makati Metro Central Business District,
surrounded by major commercial developments
Greenbelt shopping mall
Glorietta Mall
Ayala Train Station
Ayala Triangle Leisure Park
Management Contract Metro/Train StationNote: Figures above as at 31 December 2018. Source: Google Maps
1. Valuation commissioned for 65 units owned by Ascott REIT
Properties in Malaysia & Philippines
23
Ascott Orchard Singapore
Units 220
Tenure (years)/
Expiry
99/2113
Valuation(S$’mil)
S$407.0
Ascott Raffles Place
Singapore
Units 146
Tenure (years)/
Expiry
999/ 2890-
2892
Valuation(S$’mil)
S$215.0
Citadines Mount Sophia Property Singapore
Units 154
Tenure (years)/
Expiry
96/2105
Valuation(S$’mil)
S$132.0
Somerset Liang Court Property Singapore
Units 197
Tenure (years)/
Expiry
97/2077
Valuation(S$’mil)
S$211.0
Strategically located in major commercial districts of Singapore andwell-connected to Mass Rapid Transit (MRT) stations
Orchard Shopping District
Bugis Shopping and Commercial District
Central Business District and Marina Bay District
Management ContractMaster Lease Metro/Train Station
Clarke Quay – Dining and Entertainment Hub
Properties in Singapore
Note: Figures above as at 31 December 2018
Source: Google Maps
24
Properties in United Kingdom
Strategic areas in London’s major commercial areas
Management Contract with Minimum Guaranteed Income Metro/Train Station
The British
Museum
Canary Wharf Financial District
Soho Entertainment District
London Bridge Quarter Development
Citadines Trafalgar Square London
Units 187
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$178.8/ GBP102.0
Citadines Holborn-Covent Garden London
Units 192
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$159.0/ GBP90.7
Citadines Barbican London
Units 129
Tenure (years)/ Expiry
Freehold
Valuation
(S$/LC’mil)
S$76.5/
GBP43.6
Citadines South Kensington London
Units 92
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$72.3/ GBP41.3
Located in the upmarket South Kensington district -
proximity to museums and concert halls
Located in prime areas of London and well connected
to public transport and major commercial districts
Hyde Park
Kensington
Palace
Buckingham
Palace
Big Ben
London Eye
Note: Figures above as at 31 December 2018
Source: Google Maps
25
Properties in United States of America
Prime locations in the heart of Manhattan
Element New York Times Square West
Units 411
Tenure (years)/ Expiry
99/2112
Valuation(S$/LC’mil)
S$231.6/ US$169.0
Located in Midtown Manhattan, near to Times Square – the
commercial and cultural epicenter of Manhattan and
one of the world’s most populartourist destination
DoubleTree by Hilton Hotel New York – Times Square South
Units 224
Tenure (years)/ Expiry
Freehold
Valuation(S$/LC’mil)
S$149.8/ US$109.3
Sheraton Tribeca New York Hotel
Units 369
Tenure (years)/ Expiry
99/2112
Valuation(S$/LC’mil)
S$226.8/ US$165.5
Management Contract Metro/Train Station
SoHo
Financial District
Hudson
Yards
Times SquareJacob K. Javits
Convention Center
Madison Square
Garden
Empire State Building
Located in the heart of Tribeca, one of the priciest residential
neighbourhoods in Downtown Manhattan, and in proximity to
the SoHo retail district and the Financial District
Tribeca
Little Italy
Chinatown
Macy’s
Bryant
Park
Port Authority
Bus Terminal
Note: Figures above as at 31 December 2018
Source: Google Maps
26
City Centre
Hanoi Railway Station
Old Quarter
Thang Long
Water Puppet
Theatre
Political center where most of the
government offices and embassies are
located
Proximity to the scenic
West Lake
Close to Noi Bai Industrial Zone and Thang Long
Industrial Park
Close to HoaLac high
technology development
zone
Somerset Hoa Binh Hanoi
Units 206
Tenure (years)/ Expiry
36/2042
Valuation(S$’mil/LC’bil)
S$42.7/ VND723.2
Somerset West Lake Hanoi
Units 90
Tenure (years)/ Expiry
49/2041
Valuation(S$’mil/LC’bil)
S$13.6/ VND229.8
Somerset Grand Hanoi
Units 185
Tenure (years)/ Expiry
45/2038
Valuation(S$’mil/LC’bil)
S$124.4/ VND2,108.8
Management Contract Metro/Train Station
Hanoi
Located within a mixed-use development that also
houses retail, residential and office towers
Properties in Vietnam
Note: Figures above as at 31 December 2018
Source: Google Maps
27 Management Contract
Ho Chi Minh City
Somerset Chancellor Court Ho Chi Minh City
Units 172
Tenure
(years)/ Expiry
48/2041
Valuation(S$’mil/LC’bil)
S$55.8/ VND946.0
Somerset Ho Chi Minh City
Units 198
Tenure (years)/ Expiry
45/
2039
Valuation(S$’mil/LC’bil)
S$47.0/ VND796.3
Located in District 1, a key business, commercial, and diplomatic district,
and in close proximity to major commercial points of interests
Ben Thanh Market
City Opera HouseHo Chi Minh City Museum
Notre Dame Cathedral Saigon Central Post Office
Tan Dinh Market
Phuoc Hai Temple
Jade Emperor
Pagoda
French Consulate
US Consulate British Consulate
Properties in Vietnam
Note: Figures above as at 31 December 2018
Source: Google Maps
28
Thank You