Information on CICT Properties (Retail) (1) | |||||||||||
Tampines Mall | Junction 8 | IMM Building | Westgate | Bugis Junction | Bugis+ | Clarke Quay | Lot One Shoppers' Mall | Bedok Mall | JCube | Bukit Panjang Plaza(3) | |
Address | 4 Tampines Central 5 | 9 Bishan Place | 2 Jurong East Street 21 | 3 Gateway Drive | 200 Victoria Street | 201 Victoria Street | 3A/B/C/D/E River Valley Road | 21 Choa Chu Kang Avenue 4 | 311 New Upper Changi Road | 2 Jurong East Central 1 | 1 Jelebu Road |
Land Tenure | Leasehold tenure of 99 years with effect from 1 September 1992 | Leasehold tenure of 99 years with effect from 1 September 1991 | Leasehold tenure of 30 + 30 years with effect from 23 Jan 1989 | Leasehold tenure of 99 years with effect from 29 August 2011 | Leasehold tenure of 99 years with effect from 10 September 1990 | Leasehold tenure of 60 years with effect from 30 September 2005 | Leasehold tenure of 99 years with effect from 13 January 1990 | Leasehold tenure of 99 years with effect from 1 December 1993 | Leasehold tenure of 99 years with effect from 21 November 2011 | Leasehold tenure of 99 years with effect from 1 March 1991 | Leasehold tenure of 99 years with effect from 1 December 1994 |
Joint Venture Partners' Interests | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. | N.A. |
Number of tenants | 164 | 164 | 470 | 246 | 220 | 87 | 59 | 143 | 191 | 117 | 117 |
NLA (sq ft) | 356,228 | 254,105 | Total: 963,378 | 409,087 | 396,419 | 214,376 | 293,248 | 227,664 | 222,469 | 210,043 | 163,652 |
Retail: 424,408 | |||||||||||
Warehouse: 538,970 | |||||||||||
Valuation as at 31 December 2020 (S$ million) | 1,074.00 | 794.00 | 670.00 | 1,087.00 | 1,087.00 | 353.00 | 394.00 | 531.00 | 779.00 | 276.00 | 334.50 |
Committed occupancy as at 30 June 2021 | 99.9% | 100.0% | 99.9%(2) | 98.0% | 99.1% | 96.9% | 82.9% | 99.7% | 98.0% | N.A.(4) | N.A.(4) |
Carpark Lots | 637 | 305 | 1,324 | 610 | 648 | 325 | 424 | 321 | 265 | 341 | 326 |
1H 2021 Gross revenue (S$ million) | 38.3 | 28.4 | 42.7 | 31.5 | 36.9 | 13.7 | 6.9 | 19.3 | 26.2 | N.A.(5) | N.A.(5) |
1H 2020 Gross revenue (S$ million) | 30.9 | 23.8 | 36.1 | 28.4 | 31.3 | 12.6 | 14.5 | 16.0 | 21.8 | N.A.(6) | N.A.(6) |
1H 2021 Net property income (S$ million) | 28.1 | 20.7 | 30.7 | 21.9 | 27.0 | 9.6 | 1.7 | 13.1 | 19.7 | N.A.(5) | N.A.(5) |
1H 2020 Net property income (S$ million) | 21.2 | 16.3 | 24.3 | 19.1 | 21.3 | 8.3 | 8.9 | 10.2 | 15.1 | N.A.(6) | N.A.(6) |
Notes: | |||||||||||
(1) All information stated on a 100.0% basis, unless otherwise stated. Number of tenants, NLA and valuations are as at 31 December 2020. | |||||||||||
(2) Includes retail leases only. | |||||||||||
(3) Comprises 90 out of 91 strata lots. | |||||||||||
(4) JCube and BPP are classified under Others Assets. The total committed occupancy as at 30 June 2021 was 97.3%. | |||||||||||
(5) JCube and BPP are classified under Others Assets. The total gross revenue and net property income for 1H 2021 for Other Assets were S$23.8 million and S$16.1 million respectively. | |||||||||||
(6) JCube and BPP are classified under Others Assets. The total gross revenue and net property income for 1H 2020 for Other Assets were S$19.1 million and S$11.2 million respectively. |
Information on CICT Properties (Office) (1) | ||||||||
Income contribution of the office properties to CICT effective from 21 October 2020 to 31 December 2020. The 1H 2020 financial information provided below is for reference. | ||||||||
Asia Square Tower 2 | CapitaGreen | Capital Tower | Six Battery Road | One George Street | 21 Collyer Quay(3) | Gallileo | Main Airport Center | |
Address | 12 Marina View | 138 Market Street | 168 Robinson Road | 6 Battery Road | 1 George Street | 21 Collyer Quay | Gallusanlage 7/Neckarstrasse 5, 60329 Frankfurt am Main, Germany | Unterschweinstiege 2-14, 60549 Frankurt, Germany |
Land Tenure | Leasehold tenure of 99 years with effect from 3 March 2008 (land lot only) | Leasehold tenure of 99 years with effect from 1 April 1974 | Leasehold tenure of 99 years with effect from 1 January 1996 | Leasehold tenure of 999 years with effect from 20 April 1826 | Leasehold tenure of 99 years with effect from 22 January 2003 | Leasehold tenure of 999 years with effect from 19 December 1850 | Freehold | Freehold |
Joint Venture Partners' Interests | N.A. | N.A. | N.A. | N.A. | CICT: 50.0% OGS (II) Limited: 50.0% | N.A. | CICT: 94.9% CapitaLand: 5.1% | CICT: 94.9% CapitaLand: 5.1% |
Number of tenants | 70 | 52 | 29 | 99 | 52 | 1 | 7 | 33 |
NLA (sq ft) | Total: 776,909 | 700,372 | 734,739 | 499,365 | 445,735 | 200,469 | 436,179 | 649,462 |
Retail: 25,568 | ||||||||
Office: 751,341 | ||||||||
Valuation as at 31 December 2020 (S$ million) | 2,128.0 | 1,611.0 | 1,389.0 | 1,414.0 | 1,122.0 | 468.0 | 576.0(4) | 420.5(4) |
Committed occupancy as at 30 June 2021 | 84.7%(2) | 96.0% | 96.8% | 78.3% | 96.9% | 100.0% | 100.0% | 92.5% |
Carpark Lots | 266 | 184 | 415 | 191 | 178 | 53 | 43 | 1,513 |
1H 2021 Gross revenue (S$ million) | 50.7 | 46.9 | 35.0 | 27.5 | 13.0 (50.0% interest) | 4.3(3) | 14.4 | 13.2 |
1H 2020 Gross revenue (S$ million) | 51.6 | 44.7 | 35.8 | 26.5 | 12.8 (50.0% interest) | 9.2 | 13.8 | 12.3 |
1H 2021 Net property income (S$ million) | 39.1 | 37.7 | 26.3 | 20.8 | 10.2 (50.0 interest) | 2.7 | 12.0 | 8.5 |
1H 2020 Net property income (S$ million) | 40.0 | 35.9 | 27.3 | 19.2 | 10.1 (50.0 interest) | 8.5 | 11.2 | 8.3 |
Notes: | ||||||||
(1) All information stated on a 100.0% basis, unless otherwise stated. Number of tenants, NLA and valuation are as at 31 December 2020. | ||||||||
(2) Includes retail and office leases. Lower occupancy due to the lease expiry of an anchor tenant, Allianz in 2Q 2021, backfilling in progress. | ||||||||
(3) Refers to amortised rent upon handover of property to tenant. | ||||||||
(4) Valuation stated is on a 100.0% basis and not proportioned to interest. The conversion rate used for the 31 December 2020 valuations was EUR1 = S$1.595. |
Information on CICT Properties (Integrated developments) (1) | |||||
Raffles City Singapore(2) | Funan | Plaza Singapura | The Atrium@Orchard | CapitaSpring | |
Address | 250 & 252 North Bridge Road; 2 Stamford Road; 80 Bras Basah Road | 107 and 109 North Bridge Road | 68 Orchard Road | 60A and 60B Orchard Road | 86 & 88 Market Street |
Land Tenure | Leasehold tenure of 99 years with effect from 16 July 1979 | Leasehold tenure of 99 years with effect from 12 December 1979 | Freehold | Leasehold tenure of 99 years with effect from 15 August 2008 | Leasehold tenure of 99 years with effect from 1 February 1982 |
Joint Venture Partners' Interests | N.A. | N.A. | N.A. | N.A. | CICT: 45.0% |
CapitaLand: 45.0% | |||||
Mitsubishi Estate Co., Ltd.: 10.0% | |||||
Number of tenants | 260 | 207 | 230 | 74 | N.A. |
NLA (sq ft) | Total: 808,200 | Total: 531,558 | 484,439 | Total: 386,892 | Total: 647,000 |
Retail: 426,833 | Retail: 317,430 | Retail: 134,584 | Retail: 12,000 | ||
Office: 381,367 | Office: 214,128 | Office: 252,308 | Office: 635,000 | ||
Valuation as at 31 December 2020 (S$ million) | 3,179.00 | 742.00 | 1,300.00 | 750.00 | 1,037.0(4) |
Committed occupancy as at 30 June 2021 | Total: 93.6%(3) | Total: 98.4%(3) | 97.9% | Total: 100.0%(3) | 61.8% |
Retail: 92.3% | Retail: 97.3% | - | Retail: 94.2% | - | |
Office: 95.1% | Office: 100.0% | - | Office: 100.0% | - | |
Carpark Lots | 1,051 | 404 | 695 | 127 | 350 |
1H 2021 Gross revenue (S$ million) | 93.1 (100% interest) | 30.3 | 40.2 | 22.4 | Under construction; Completion expected in 4Q 2021 |
1H 2020 Gross revenue (S$ million) | 97.7 (100% interest) | 26.5 | 34.9 | 22.5 | Under construction; Completion expected in 4Q 2021 |
1H 2021 Net property income (S$ million) | 69.7 (100% interest) | 20.8 | 29.4 | 16.6 | Under construction; Completion expected in 4Q 2021 |
1H 2020 Net property income (S$ million) | 75.6 (100% interest) | 18.7 | 25.0 | 16.8 | Under construction; Completion expected in 4Q 2021 |
Notes: | |||||
(1) All information stated on a 100.0% basis, unless otherwise stated. Number of tenants, NLA and valuation are as at 31 December 2020. | |||||
(2) Income contribution from Raffles City Singapore on a 100.0% basis from 21 October 2020 onwards. Prior to 21 October 2020, Raffles City Singapore was a joint venture of CICT on a 40.0% interest basis. | |||||
(3) Includes retail and office leases. | |||||
(4) Valuation stated is on a 100.0% basis and not proportioned to interest. |
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CapitaLand Integrated Commercial Trust published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 08:32:01 UTC.