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General Presentation
11 July 2007
2
The value of Stapled Securities and the income derived from them may fall as well as rise. Stapled Securities are not obligations of, deposits in, or guaranteed by the H-REIT Manager or M&C Business Trust Management Limited, as trustee of CDL Hospitality Business Trust (the “HBT Trustee-Manager”), or any of their respective affiliates.
An investment in Stapled Securities is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the H-REIT Manager and/or the HBT Trustee-Manager redeem or purchase their Stapled Securities while the Stapled Securities are listed. It is intended that holders of the Stapled Securities may only deal in their Stapled Securities through trading on Singapore Exchange Securities Trading Limited (the “SGX-ST”). Listing of the Stapled Securities on the SGX-ST does not guarantee a liquid market for the Stapled Securities.
This presentation contains certain tables and other statistical analyses (the "Statistical Information") which have been prepared by the H-REIT Manager and the HBT Trustee-Manager. Numerous assumptions were used in preparing the Statistical Information, which may or may not be reflected herein. As such, no assurance can be given as to the Statistical Information’s accuracy, appropriateness or completeness in any particular context, nor as to whether the Statistical Information and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Statistical Information should not be construed as either projections or predictions or as legal, tax, financial or accounting advice.
This document may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other developments or companies, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business.
You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events.
This document and its contents shall not be disclosed without the prior written permission of the H-REIT Manager or HBT Trustee-Manager.
Disclaimer
3
Table of Contents
Strengths of CDL Hospitality Trusts
The Acquisition of Novotel Clarke Quay Hotel, Singapore
Appendix
♦ Results of Q1 2007
♦ Background and Structure of CDL Hospitality Trusts
♦ CDL Hospitality Trusts portfolio of hotels
4
Strengths of CDL Hospitality Trusts
5
Strengths Of CDL Hospitality Trusts
Well Positioned Assets22
Favourable Industry Fundamentals in Singapore33
Blue Chip Sponsor11
Growth Through Active Asset Management55
Growth Through Acquisitions44
6
Listed on the London Stock Exchange
with market capitalisation of ~ £1.87 billion as at 27 June 2007
Blue Chip Sponsor With Global Brands
3 Global Brands 121 hotels in 18 Countries
Ecuador
France
Germany
Korea
Indonesia
Hong Kong
Malaysia
China
Egypt
United States
United Kingdom
New Zealand
Taiwan
UAE
Philippines
Singapore
Thailand
Qatar
7
Strengths Of CDL Hospitality Trusts
Well Positioned Assets22
Favourable Industry Fundamentals in Singapore33
Blue Chip Sponsor11
Growth Through Active Asset Management55
Growth Through Acquisitions44
8
CDLHT Asset Portfolio
New Zealand
NZ$248,352
(S$263,749)(1)
NZ$113.0m
(S$120.0 m)(1)
455
Rendezvous
Hotel Auckland
SingaporeSingaporeSingaporeSingaporeSingaporeSingaporeLocation
S$562,814
S$224.0m
398
Novotel Clarke
Quay
S$463,512(2)S$7,184 psm
(S$667 psf)S$325,806S$462,470S$485,818S$589,433
Valuation per
room
S$1,323.2 mS$35.1mS$101.0mS$191.0mS$267.2mS$384.9mValuation
N/A
Orchard Hotel
Shopping Arcade
2,779
Total
310413550653Number of
Rooms
Copthorne
King’s Hotel
M HotelGrand Copthorne
Waterfront Hotel
Orchard Hotel
1 Based on exchange rate of NZ$1 = S$1.0622 Excludes Orchard Hotel Shopping Arcade
New Acquisitions post-IPO
Growth Since IPO
Portfolio by Asset Size 35%
Portfolio by Room Number 44%
9
CDL-HT is the Largest Hotel Owner in Singapore
1,926
2,324
1,500
1,750
2,000
2,250
2,500
Portfolio prior to Novotel Clarke Quay Portfolio after Novotel Clarke Quay
+20.7%
No. of Rooms
10
Improved diversification while maintaining Singapore focus
CDLHT’s single largest property (Orchard Hotel) will now account for 29% of CDLHT’s total property value
Portfolio Valuation By Property
IPO Portfolio Present Portfolio
CDLHT’s single largest property (Orchard Hotel) accounts for 39% of CDLHT’s total property value
Orchard Hotel, S$384.9m, 29%
Grand Copthorne Waterfront Hotel, S$267.2m, 20%
M Hotel, S$191.0m, 14%
Copthorne King's Hotel, S$101.0m,
8%
Rendezvous Hotel Auckland,
S$120.0m, 9%
Novotel Clarke Quay, S$224.0m,
17%
Orchard Hotel Shopping Arcade,
S$35.1m, 3%
Orchard Hotel, S$384.9m, 39%
Grand Copthorne Waterfront,
S$267.2m, 27%
Copthorne King's Hotel, S$101.0m,
10%
Orchard Hotel Shopping Arcade,
S$35.1m, 4%
M Hotel, S$191.0m, 20%
Assumptions
• Based on valuation of Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel and Orchard Hotel Shopping Arcade as at 31 December 2006
• Based on valuation of Rendezvous Hotel Auckland as at 13 October 2006.
• Based on valuation of Novotel Clarke Quay as at 30 March 2007.
11
Hotels In Strategic Locations
Singapore Hotels New Zealand Hotel
Rendezvous
Hotel
Auckland
CENTRALBUSINESSDISTRICT
ORCHARDROAD
SINGAPORERIVER
INTEGRATEDRESORT SITE
BUSINESS &FINANCIAL CENTRE
SITE
Orchard
Hotel &
Shopping
Arcade
Copthorne
King’s
Hotel
Grand
Copthorne
Waterfront
Hotel
M Hotel Novotel
Clarke Quay
12
Strengths Of CDL Hospitality Trusts
Well Positioned Assets22
Favourable Industry Fundamentals in Singapore33
Blue Chip Sponsor11
Growth Through Active Asset Management55
Growth Through Acquisitions44
13
Strong Growth In Visitor Arrivals In Singapore – Historical and Forecast
8,3288,942
9,748 10,200
17,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
2004 2005 2006 2007 (F) 2015 (F)
Thou
sand
s
Visitor Arrivals (Full year)
Singapore received a record 9.7m visitors in 2006, up by 9% from 2005
Noticeable increase in business and MICE travel, as well as tourists from emerging affluent markets such as China and India
Singapore Tourism Board estimates that Singapore could draw 17.0mvisitors by 2015
The Business Times, citing Merrill Lynch research (18 June 2007), noted that demand for hotel rooms is expected to increase by 4,050 rooms per year from 2007 to 2015, while supply is expected to increase by only 3,300 rooms per year, leading to shortfall of 750 rooms (19% of forecast demand)
+4.6%
CAGR for 2007 to 2015 =
+6.4%
+9.0%+7.4%
Visitor Arrivals In Singapore
Source: Singapore Tourism Board
14
Limited Supply Of Hotel Rooms In The Immediate Future
30,476
1,885
707
2,197
3,030
38,295
25,000
30,000
35,000
40,000
2006 2007 2008 2009 2010 Total 2010
Tota
l Dai
ly R
oom
Inve
ntor
y
2006 to 2010 CAGR = +5.9%Total Supply Growth (2006 to 2010) = +25.7%
Source: CBRE Report dated 30 March 2007. Chart is not drawn to scale
Current and Expected Hotel Room Supply in Singapore
15
Significant Growth From Many Of The Top 10 Sources Of Visitors To Singapore
January to April 2006 & 2007 Year-On-Year Growth in Visitor Arrivals from Top-
10 Sources
2.2%
11.1%
2.7%
0.0%
4.9%
2.1%
5.0%
18.8%
-1.7%
-0.1%
-5.0% 0.0% 5.0% 10.0% 15.0% 20.0%
Indonesia
China
Australia
India
Malaysia
Japan
UK
South Korea
USA
Philippines
Breakdown of Visitor Arrivals to Singapore from January to April 2007
China, 366,294
Australia, 219,406
India, 207,431
Malaysia, 196,784Japan, 193,611
United Kingdom,
202,613
South Korea, 152,472
USA, 136,962
Phillippines, 140,594
Others, 869,302
Indonesia, 575,113
18%
11%
7%
6%
6%6%
7%
5%
4%
4%
26%
Source for both charts: Singapore Tourism Board
16
Potential For Average Room Rates To Rise
Regional Upper Tier(1) Hotel Market Comparision(2)
155180
202
236
31274% 75%
81%
70%
85%
0
50
100
150
200
250
300
350
Bangkok Beijing Singapore Shanghai Hong Kong
Ave
rage
Roo
m R
ates
(US$
)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Occ
upan
cies
(%)
ARR (US$) OccupancyNote: (1) Comprises 4- and 5-star hotels(2) As of Dec 2006
Source: Jones Lang LaSalle Hotels, Industry Sources
Average Room Rates in Singapore relative to Regional Cities
17
Strengths Of CDL Hospitality Trusts
Well Positioned Assets22
Favourable Industry Fundamentals in Singapore33
Blue Chip Sponsor11
Growth Through Active Asset Management55
Growth Through Acquisitions44
18
Acquisition Opportunities From Multiple Sources
Owns / operates 121 hotels globally (1)
Right of First Refusal(2)
Future sales of Singapore hotels owned by M&C
Offers of Singapore hotels made to M&C
Potential growing acquisition pipeline as M&C
seeks to expand its presence globally with
greenfield hotel developments
Global network of hospitality relationships
Hotel chains seeking to free-up capital to focus on
management fee income
Independent, single hotel owners lacking scale and
looking to exit hotel investment
Private equity looking to exit investments
Independent hotel owners looking for sale and
leaseback arrangements
Turnaround opportunities
M&C Third Parties
(1) Excluding 4 hotels in Singapore(2) For 5 years from listing date
19
CDLHT Target Markets
Specific Countries of Interest
Singapore ▪ Australia ▪ China ▪ Hong Kong ▪ India ▪ Indonesia ▪ Japan ▪ Malaysia ▪Maldives ▪ New Zealand ▪ Philippines ▪ Thailand ▪ Vietnam ▪ UAE
Singapore
Australia
New Zealand
VietnamThailand
ChinaIndia
Malaysia
Middle East
Maldives
Hong Kong
Singapore
Australia
New Zealand
VietnamThailand
China
India
Malaysia
UAE
Maldives
Hong Kong
Japan
Indonesia
Philippines
20
Strengths Of CDL Hospitality Trusts
Well Positioned Assets22
Favourable Industry Fundamentals in Singapore33
Blue Chip Sponsor11
Growth Through Active Asset Management55
Growth Through Acquisitions44
21
Continuing Shift To Higher Yielding Corporate Segment(1)
66.8%
33.2%
66.7%
33.3%
69.1%
30.9%
71.2%
28.8%
43.4
60.5
72.9
94.2
Evolution of Market Mix
14.4 20.1 22.5 27.1
9.2
29.0
40.450.4
67.1
17.3
0
10
20
30
40
50
60
70
80
90
100
2003 2004 2005 2006 Q1 2007
Hot
els
Roo
ms
Rev
enue
(S$
m)
Leisure/Others Corporate
`
65.4%
34.6%
26.5
Note (1): “Corporate segments” as defined by the Sponsor would refer to guests who are staying with the hotel for primarily business purposes as opposed to leisure or other guests such as cabin crew. Under this segment, the following category of guests would be included: (i) guests who book at rack rate (full published rate), (ii) guests who book through corporate travel agencies / management companies, (iii) guests who book through the internet, (iv) guests who book at rates offered under a corporate agreement and (v) guests who are attending meetings, incentive activities or events / exhibitions / conferences in the city
Strategic shift in market mix towards high yielding corporate segment to optimise guest mix, maximise cash flow and value of the Hotels
22
Asset Enhancement Opportunities Being Considered
Grand CopthorneWaterfront
Orchard HotelShopping Arcade
5th and 6th Floors -
currently bareEntire building
Areas Under Consideration For Asset Enhancement
23
The Acquisition of Novotel Clarke Quay Hotel, Singapore
24
Novotel Clarke Quay
13 year lease to Accor expiring 31 December 2020.
Variable lease payment of more than 90% of GOP
depending on the hotel’s performance
Lease Terms:
398 room hotel including 21 suites
Six food and beverage outlets
1,217 sqm of function/meeting space
25-metre swimming pool and sundeck
755 car park spaces(1)
Refurbished recently for $18.8 million
Property Description:
Approximately 27,000 sqmGross Floor Area:
Approximately 38,000 sqmStrata Title Area:
97 Years and 30 days commencing 2nd of April 1980Land Tenure:
1984Year Built:
Date of Valuation: 30 March 2007
Valued at S$224 million by CB Richard Ellis
Valuation:
177A River Valley RoadSingapore 179031
Newly refurbished, superior hotel, located in the heart of Singapore’s
entertainment/social sceneNote: (1) CDL-HT will have 23% ownership of the car park spaces based on Novotel Clarke Quay’s
23% share value of the strata title plan for Liang Court
25
With…Over 25 Established Bars & Night Clubs- Ministry of Sound (MoS)
Over 20 Authentic RestaurantsOver 50 Unique Shops
Sunday Flea MarketExciting Recreational Activities
Part Of Vibrant Clarke Quay
The S$85 million redevelopment of Clarke Quay has transformed the historical riverside quay into one of Singapore’s main food, entertainment, lifestyle destination…
… and a world class waterfront destination with excellent
communication links
Courtesy of Lifebrandz
26
Excellent Potential For Growth From Repositioned Asset
Recently refurbished 1
Potential for market / revenue mix enhancement 2
• Recently concluded a S$18.8 million comprehensive refurbishment program to guestrooms, public areas, restaurants and function rooms
• Increased number of higher paying corporate guests and banquets / functions
27
Strong Year-On-Year Growth At The NovotelClarke Quay
ARR: FY '05 v FY '06
112148
050
100150200
FY '05 FY '06
Occupancy: FY '05 v FY '06
73.9
75.0
73.0
74.0
75.0
76.0
FY '05 FY '06
RevPAR: FY '05 v FY '06
83
111
0
20
40
60
80
100
120
FY '05 FY '06
+1.4%
+32.1%+33.7%
S$S$
%
Note: Between 2005 and 2006 all of the guestrooms at the Novotel Clarke Quay were renovated – 185 Guestrooms were upgraded in 2005 and the remaining 213 guestrooms were upgraded in 2006
28
ARR:Q1 '06 v Q1 '07
141
163
130140150160170
Q1 '06 Q1 '07
Occupancy: Q1 '06 v Q1 '07
75
88
657075808590
Q1 '06 Q1 '07
RevPAR: Q1 '06 v Q1 '07
105
143
0
20
40
60
80
100
120
140
160
Q1 '06 Q1 '07
+17.3%
+15.6%+36.2 %
S$S$
%
Note: 213 guestrooms were upgraded in 2006
Acquiring Growth – The Novotel Clarke Quay
29
Strategic Location In Singapore
Near to major cultural and tourist attractions – EsplanadeC
Short distance from Singapore’s business and financial districtsB
Strong growth potential through its proximity to Singapore’s must-visit nightlife venue and ability to tap into Singapore’s developing meetings, incentives, conventions and exhibitions segments
A
Prime superior hotel located in immediate proximity to Clarke Quay, Robertson Quay and Boat Quay: Singapore’s premier entertainment hub
A
B
C
NovotelClarke Quay
Closely located to Singapore’s prime shopping belt - Orchard RoadD
D
30
Appendix –Results for Q1 2007
31
Three Quarters Of Strong Growth
RevPAR: Q3 '06, Q4 '06 & Q1 '07
$140
$146
153
$130
$135
$140
$145
$150
$155
Q3 '06 Q4 '06 Q1 '07
Gross Revenue: Q3 '06, Q4 '06 & Q1 '07
$11,260$13,609
17,979
$0
$5,000
$10,000
$15,000
$20,000
Q3 '06 Q4 '06 Q1 '07
NPI: Q3 '06, Q4 '06 & Q1 '07
$10,330
$15,559 $16,741
$0
$5,000
$10,000
$15,000
$20,000
Q3 '06 Q4 '06 Q1 '07
+9.3%S$ S$
Note: 2,637 room nights were taken out of the Orchard Hotel’s room inventory for rectification works
Distributable Income: Q3 '06, Q4 '06 & Q1 '07
$7,889
$12,415 $12,306
$0
$5,000
$10,000
$15,000
Q3 '06 Q4 '06 Q1 '07
+62.1% +55.9%
+59.7%
S$S$
32
S$
Overall, Performance “Strong”:Compared To Projected Q1 2007
Gross Revenue and NPI - Comparison For Projection Q1
2007 and Actual Q1 2007
13,872
17,979
12,697
16,741
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
Projected Q1 2007 Actual Q1 2007
Gross Revenue NPI
Distributable Income - Comparision For Projection Q1
2007 and Actual Q1 2007
9,635
12,306
01,0002,0003,0004,0005,0006,0007,0008,0009,000
10,00011,00012,00013,000
Projected Q1 2007 Actual Q1 2007
Distributable income
Gross Rev = 29.6%NPI = 31.9% 27.7%
S$S$
Note: Projections for Q1 2007 are based on management’s projections for the year ending 31/12/07 shown in the Prospectus pro-rated for the period from 01/01/07 to 31/03/07
33
Strong Year-On-Year Growth:Pro-Forma Indicative Comparison
ARR: Q1 '06 v Q1 '07
$157
$182
$140$150$160$170$180$190
Q1 '06 Q1 '07
Occupancy: Q1 '06 v Q1 '07
78.0%
84.0%
74.0%76.0%78.0%80.0%82.0%84.0%86.0%
Q1 '06 Q1 '07
RevPAR: Q1 '06 v Q1 '07
$122
$153
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
Q1 '06 Q1 '07
+15.9%
+7.7%
+25.4%
S$ S$
Note: 2,637 room nights were taken out of the Orchard Hotel’s room inventory for rectification works
34
Overall Q1 Performance Is Strong:Projected vs. Actual
ARR: Projected vs. Actual Q1 '07
$162
$182
$150$160$170$180$190
Projected Q1 Actual Q1
Occupancy: Projected vs. Actual Q1 '07
82.0%
84.0%
81.0%82.0%83.0%84.0%85.0%
Projected Q1 Actual Q1
RevPAR: Projected vs. Actual Q1 '07
$132
$153
$120
$125
$130
$135
$140
$145
$150
$155
Projected Q1 Actual Q1
+12.3%
+2.4%
+15.9%
S$ S$
Note: 2,637 room nights were taken out of the Orchard Hotel’s room inventory for rectification works.Projections for Q1 2007 are based on management’s projections for the year ending 31/12/07 shown in the Prospectus pro-rated for the period from 01/01/07 to 31/03/07
35
Overall Q1 Performance Is Strong:Projected vs. Actual
ARR: Projected vs. Actual Q1 '07
$162
$182
$150$160$170$180$190
Projected Q1 Actual Q1
Occupancy: Projected vs. Actual Q1 '07
82.0%
84.0%
81.0%82.0%83.0%84.0%85.0%
Projected Q1 Actual Q1
RevPAR: Projected vs. Actual Q1 '07
$132
$153
$120
$125
$130
$135
$140
$145
$150
$155
Projected Q1 Actual Q1
+12.3%
+2.4%
+15.9%
S$ S$
Note: 2,637 room nights were taken out of the Orchard Hotel’s room inventory for rectification works.Projections for Q1 2007 are based on management’s projections for the year ending 31/12/07 shown in the Prospectus pro-rated for the period from 01/01/07 to 31/03/07
36
H-REIT Revenue Streams More Diversified
Breakdown between Fixed and Variable Rent
6,7138,880
6,267
8,209
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
Projected Q1 Actual Q1
Thou
sand
s
Fixed Rent Variable Rent
Breakdown of Gross Revenue By Property (S$,000)
Orchard Hotel
Shopping Arcade, 890
Copthorne King's Hotel,
2,093
Rendezvous Hotel
Auckland, 2214
Orchard Hotel, 5,552
Grand Copthorne Waterfront
Hotel, 4,212
M Hotel, 3,018
12,98017,089
51.7%
48.3%
52.0%
48.0%5%
5%
12%
23%
30%
12%
17%
Note: Projections for Q1 2007 are based on management’s projections for the year ending 31/12/07 shown in the Prospectus pro-rated for the period from 01/01/07 to 31/03/07
37
Appendix –Background and Structure of CDL Hospitality Trusts
38
Holdings of Stapled Securities
CDLHT Structure
Sponsor Investors
Master Lessees
Hotel Manager (MCIL)
DBS Trustee
M&C REIT Management Limited
(H-REIT Manager)
M&C Business Trust Management Limited
(HBT Trustee Manager)H-REIT (owns hotels)
HBT(1)
H-REIT HBT
≈39.2% ≈60.8%
Distributions
Stapling Deed
Lease of Hotels
Operates and manages the Hotels under hotel management agreements
Lease of Hotels
Fixed Revenue, Service Charge and Variable Rent
Acts on behalf of the holders of H-REIT Units
Management services
Management services and acts on behalf of the holders of the HBT Units
Operates and manages the Hotels under hotel management agreements
(1) Dormant as at Listing Date(2) To be appointed by HBT when HBT steps in as master lessee.
For simplicity, the diagram does not include the relationships in relation to Orchard Hotel Shopping Arcade. Orchard Hotel Shopping Arcade tenants will pay rent to H-REIT directly and H-REIT Manager will manage Orchard Hotel Shopping Arcade directlyMCIL = Millennium & Copthorne International Limited
Hotel Manager(2)
39
Lease Structures
Favourable Lease Structure
in Base Portfolio(1)
• Rendezvous Hotel Auckland:• Base rent + Variable rent• Base rent escalates at 2.75% per annum• For first year, total rent = NZ$8.9 m (S$9.2 m)(2)(3)
• Total Rent secured by Vendor for first 3 years
High Degree of Stability from
Auckland Lease
• Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel:• 20% of Hotel's revenue + 20% of Hotel’s gross operating profit subject to a Fixed Rent
floor of $26.4 m• Term of 20 years from Listing with 20 year option
• Orchard Hotel Shopping Arcade:• H-REIT receives rents direct from tenants
(1) Based on IPO prospectus dated 10 July 2006(2) At exchange rate of NZ$1 = S$1.03 as at 27 October 2006(3) Based on announcement of acquisition dated 30 October 2006
Novotel Clarke Quay:Lease based on gross operating profit less Accor’s management feeVariable rental payment of more than 90% of Gross Operating Profit, depending on Novotel Clarke Quay’s performance13 years till 31 December 2020Lessee will provide a $6.5 m reserve to fund shortfall in event annual rent is below $6.5 m
Lease Structure with Reserve
and High Variable Rent
40
Appendix –CDLHT Portfolio of Hotels
41
Orchard Hotel, Singapore
♦ 653 rooms♦ Located in Orchard Road♦ Newly renovated rooms♦ Significant meeting facilities - large columnless
ballroom for large events♦ Appeals to both corporate and leisure segment
Significant Highlights
♦ Best Accommodation Experience 2006
♦ Executive Chef of the Year 2006
♦ Asian Ethnic Chef of the Year 2005 & 2006
♦ Asian Ethnic Restaurant of the Year 2005
Accolades
42
Grand Copthorne Waterfront, Singapore
♦ 550 rooms – 11 new rooms added on 1 January 2007 to room inventory from conversion of certain areas into hotel rooms
♦ Located between CBD and Orchard Road
♦ Close to proposed BFC and IR
♦ One of the largest conference facilities in Singapore
♦ Well positioned for the MICE market
Significant Highlights
♦ Best Meetings & Conventions Hotel 2006
♦ Winner of Chef RAS 2006 competition
♦ Best Business Hotel (Deluxe) 2006
♦ Best Concierge Team 2006
Accolades
43
M Hotel, Singapore
♦ 413 rooms♦ Located in the heart of the financial district♦ Close to proposed BFC and IR♦ Completed refurbishment in 2003 ♦ Strong following of business travellers
Significant Highlights
♦ Best Mid-Range Business Hotel 2005♦ The Award for Excellence, best
Corporate/Business Hotel – Hospitality Asia 2004-2005
♦ 2003 PAT Gold Awards – Marketing Category
Accolades
44
Copthorne King’s Hotel, Singapore
Significant Highlights♦ 310 rooms♦ Located between CBD and Orchard Road♦ Completed refurbishment in 2004♦ Strong corporate segment focus
Accolades
♦ Wine & Dine Singapore’s Best Restaurants 2006 – Tien Court
♦ American Express Top Restaurant Award 2005 – Princess Terrace
45
S$6,984.80 psm
(S$648.91 psf)
Valuation psm (psf)
75 years
from Listing Date
Lease Term
3%% of total valuation
S$34.5 mCBRE valuation
57.4%
(month of Jan 2006)
Contribution to total retail rental
income by 8 major tenants
4,939 sq mNet Lettable Area
Orchard Hotel Shopping Arcade
46
Rendezvous Hotel Auckland, New Zealand
455 rooms – largest hotel in Auckland by roomsFreeholdLocated in the central business district and next to a major conference centre
Significant Highlights
47
Novotel Clarke Quay, Singapore
♦ Prime superior hotel with 402 rooms ♦ Leasehold ♦ Located in immediate proximity to Clarke
Quay, Robertson Quay and Boat Quay: Singapore’s premier entertainment hub
♦ Recently concluded a S$18.8 million comprehensive refurbishment program to guestrooms, public areas, restaurants and function rooms
Significant Highlights
Accolades♦ Hospitality Asia Platinum Award 2007 "GM of
the Year" ♦ Hospitality Asia Platinum Award 2007 "Best
Executive Lounge" finalist♦ Singapore Tourism Award 2007 "Best Deluxe
Hotel" finalist
Thank You