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Notice Of Valuation Of Real Assets - Valuation Of Paragon, The Seletar Mall And PBSA Property Portfolio

BackOct 05, 2021
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Oct 5, 2021 20:14
Status New
Announcement Sub Title Valuation of Paragon, The Seletar Mall and PBSA Property Portfolio
Announcement Reference SG211005OTHRCT65
Submitted By (Co./ Ind. Name) Khor Siew Kim
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Valuation of Paragon, The Seletar Mall and Purpose Built Student Accommodation ("PBSA") Property Portfolio.
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
31/08/2021 Savills Valuation And Professional Services (S) Pte Ltd 290 Orchard Road, Paragon,Singapore 238859 (Tenure: Freehold) Singapore Dollar 2,830,000,000
31/08/2021 Colliers International Consultancy & Valuation (Singapore) Pte Ltd 33 Sengkang West Avenue, The Seletar Mall, Singapore 797653(Tenure: Leasehold) Singapore Dollar 480,500,000
31/08/2021 Cushman & Wakefield 20 PBSA properties in the United Kingdom - with details as set out in Annex A United Kingdom Pound 354,275,000
31/08/2021 Cushman & Wakefield 1) 7 PBSA properties in the United Kingdom (Student Castle) - with details as set out in Annex B United Kingdom Pound 444,280,000
31/08/2021 - 2) 1 PBSA property in Bremen, Germany (Galileo Residenz) - with details as set out in Annex B Euro 18,240,000
Valuation of Reports available for inspection at address during office hours 1000 Toa Payoh North News Centre Singapore 318994
Reports available till date 04/01/2022
Additional Information PBSA Property Portfolio : The Valuation Amount is an aggregated figure of the individual values for each property interest in the portfolio. If the portfolio were to be sold as a single lot or in groups of properties, the total value could differ significantly.

Attachments

  1. Annex A & B (Size: 99,377 bytes)