MAPLETREE PAN ASIA COMMERCIAL TRUST (Constituted in the Republic of Singapore pursuant to a Trust Deed dated 25 August 2005 (as amended))
ANNOUNCEMENT
VALUATION OF PROPERTIES UNDER MAPLETREE COMMERCIAL TRUST GROUP
Singapore, 27 October 2021 - Pursuant to Rule 703 of the Singapore Exchange Securities Trading Limited Listing Manual, Mapletree Commercial Trust Management Ltd., as manager (the "Manager") of Mapletree Commercial Trust ("MCT"), wishes to announce that the Manager has obtained independent valuations as at 30 September 2021 for all properties owned by MCT Group.
The aggregate value of MCT Group's properties comprising VivoCity, Mapletree Business City ("MBC") I and MBC II, mTower, Mapletree Anson and Bank of America Merrill Lynch HarbourFront was S$8,784.0 million as at 30 September 2021. The valuation details for the respective properties are set out below.
Date of Valuation | 30 September 2021 | ||
Description of Property | Owner | Valuation | Valuer |
(S$ million) | |||
VivoCity | DBS Trustee Limited | 3,146.0 | CBRE Pte. Ltd. |
1 HarbourFront Walk, | (as Trustee of MCT) | ||
Singapore 098585 | |||
Mapletree Business City I1 | DBS Trustee Limited | 2,249.0 | Jones Lang LaSalle |
10, 20, 30 Pasir Panjang | (as Trustee of MCT) | Property Consultants | |
Road, Singapore 117438 / | Pte Ltd | ||
117439 / 117440 | |||
1 Comprising the strata lease over level two to the rooftop of the office and business park components
Mapletree Commercial Trust Management Ltd.
10 Pasir Panjang Road, #13-01 Mapletree Business City, Singapore 117438
tel 65 6377 6111 fax 65 6274 3185 www.mapletreecommercialtrust.com Co. Reg. No. 200708826C
Date of Valuation | 30 September 2021 | ||
Description of Property | Owner | Valuation | Valuer |
(S$ million) | |||
Mapletree Business City II | Mapletree Business | 1,551.0 | Jones Lang LaSalle |
Part 20, 40, 50, 60, 70, 80 | City LLP | Property Consultants | |
Pasir Panjang Road, | Pte Ltd | ||
Singapore 117439 / 117383 / | |||
117384 / 117385 / 117371 / | |||
117372 | |||
mTower | DBS Trustee Limited | 748.0 | Jones Lang LaSalle |
(excludes 17th-21st, 33rd & 39th | (as Trustee of MCT) | Property Consultants | |
storeys) | Pte Ltd | ||
460 Alexandra Road, | |||
Singapore 119963 | |||
Mapletree Anson | DBS Trustee Limited | 750.0 | Jones Lang LaSalle |
60 Anson Road, | (as Trustee of MCT) | Property Consultants | |
Singapore 079914 | Pte Ltd | ||
Bank of America Merrill | DBS Trustee Limited | 340.0 | Jones Lang LaSalle |
Lynch HarbourFront | (as Trustee of MCT) | Property Consultants | |
2 HarbourFront Place, | Pte Ltd | ||
Singapore 098499 | |||
Copies of the valuation reports will be available for inspection, only by prior appointment at the Manager's registered office during business hours, for three months from the date of this announcement.
For enquires and inspection appointments, please contact:
Boo Hwee Hoon (Ms)
Investor Relations
DID: +65 6804 8324
Email: boo.hweehoon@mapletree.com.sg
By Order of the Board
Wan Kwong Weng
Joint Company Secretary
Mapletree Commercial Trust Management Ltd.
(Company Registration No.200708826C)
As Manager of Mapletree Commercial Trust
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Mapletree Commercial Trust published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 09:47:05 UTC.
