Accentuating Prime Assets

Transcription

1 The Trust owns a portfolio of 11 centrally-located properties, most of which are concentrated around major MRT stations such as Raffles Place and City Hall in Singapore s CBD. Our properties comprise Grade A offices, the best grade of office space in Singapore, and prime commercial buildings enhanced by awardwinning green features Singapore s Central Business District Capital Tower 2 Six Battery Road 3 One George Street 4 HSBC building 5 Raffles City Singapore 6 Starhub Centre 7 Robinson Point 8 Bugis Village 9 Wilkie Edge 10 Golden Shoe Car Park 11 Market Street Car Park 42

2 Capital Tower Set in a landscaped plaza accented with sculptures and water features, Capital Tower is a choice location for corporate offices. The 52-storey award-winning tower is equipped with intelligent building features. Tenants enjoy the convenience of shops located on the first floor, as well as amenities such as a gymnasium and meeting rooms on the ninth floor. Six Battery Road With its distinctive baltic granite façade, Six Battery Road is one of the financial district s most enduring landmarks. The building s strategic location in the heart of Raffles Place affords panoramic views of the Singapore River and Marina Bay. The main lobby exudes a discreet, welcoming ambience complete with a concierge service and plush sofas. 168 Robinson Road 68,836 sqm expiring 31 December 2094 Committed occupancy 99.9% Purchase price in 2004 S$793.9 million S$1,052.5 million No. of tenants 23 No. of car park lots 415 Gross rental income S$53.9 million (FY 2009) Gross revenue S$58.4 million (FY 2009) Net property income S$39.9 million (FY 2009) Government of Singapore Investment Corporation Private Limited JPMorgan Chase Bank, N. A. BHP Billiton Marketing Asia Pte Ltd 6 Battery Road 46,192 sqm expiring 19 April 2825 Committed occupancy 99.2% Purchase price in 2004 S$675.2 million S$1,114.0 million No. of tenants 61 No. of car park lots 190 Gross rental income S$81.3 million (FY 2009) Gross revenue S$85.2 million (FY 2009) Net property income S$67.8 million (FY 2009) Standard Chartered Bank Nomura Singapore Limited Servcorp Battery Road Pte Ltd CapitaCommercial Trust Annual Report

3 One George Street One George Street is a premier Grade A office building located in the core of Singapore s Central Business District. It features large column-free floor plates and advanced building automation designed to meet the needs of financial institutions and multinational companies. Conceived as a green building with environmentally friendly features, One George Street has four roof gardens located on various levels. HSBC Building HSBC Building offers prime offices located within a five-minute walk from Raffles Place MRT station interchange. The 21-storey building has excellent frontage, looking out onto Fullerton Square and Marina Bay front. The Trust is responsible for the insurance and structural maintenance of the building, while HSBC bears the property operating expenses, including property tax. 1 George Street 41,621 sqm expiring 21 January 2102 Committed occupancy 96.3% Purchase price in 2008 S$1,165.0 million S$896.0 million No. of tenants 29 No. of car park lots 178 Gross rental income S$49.1 million (FY 2009) Gross revenue S$61.8 million (FY 2009) Net property income S$49.4 million (FY 2009) Lloyd s of London (Asia) Pte Ltd WongPartnership LLP The Royal Bank of Scotland PLC 21 Collyer Quay 18,624 sqm expiring 18 December 2849 Committed occupancy 100.0% Purchase price in 2005 S$153.9 million S$299.8 million No. of tenants 1 No. of car park lots NA Gross rental income S$9.2 million (FY 2009) Gross revenue S$9.2 million (FY 2009) Net property income S$9.1 million (FY 2009) Tenant The Hong Kong and Shanghai Banking Corporation Limited 44

4 Raffles City Singapore Raffles City Singapore is a prime landmark integrated development. One of the largest mixed-use developments in Singapore, it comprises: the 42-storey Raffles City Tower, the four-storey Raffles City Shopping Centre, the 73-storey Swissôtel The Stamford and the 28-storey twin tower Fairmont Singapore and Raffles City Convention Centre. Raffles City Singapore is directly connected to the City Hall MRT interchange and the upcoming Esplanade MRT train station (expected to be fully operational by 2010) on the Circle Line. Convenient access and diversified range of shops makes it a popular venue among locals and tourists. (100.0% INTEREST) 250/252 North Bridge Road; 2 Stamford Road; 80 Bras Basah Road 72,790 sqm Office 35,331 sqm Retail 37,459 sqm expiring 15 July 2078 Committed occupancy 99.3% Office 98.6% Retail 100.0% Purchase price in 2006 S$2,166.0 million S$2,550.0 million No. of hotel rooms 2,030 No. of tenants 247 Office 46 Retail 200 Hotels and 1 convention centre No. of car park lots 1,065 Shopper s traffic 31.4 million (for 2009) Gross revenue S$200.1 million (FY 2009) Net property income S$141.1 million (FY 2009) RC Hotels (Pte) Ltd. Robinson & Company (Singapore) Private Limited Economic Development Board CCT owns a 60% stake in Raffles City Singapore through RCS Trust, a holding company for the development, with CapitaMall Trust owning the remaining 40% interest. Raffles City Singapore lease expiry profile by monthly gross rental income as at 31 December % 7.5% Office 1.8% & beyond Raffles City Singapore major usage mix by monthly gross rental income as at 31 December 2009 Hotels & Convention Centre 37% 11.0% 7.8% 8.2% Retail (excludes turnover rent) 1.5% 0.9% 1.4% 6.3% Office 19% Retail 44% 41.6% Hotels & Convention Centre CapitaCommercial Trust Annual Report

5 Starhub Centre Starhub Centre is a 10-storey commercial building located at Cuppage Road, off Orchard Road. It is nestled amidst shopping centres, serviced apartments and hotels in the vicinity of Somerset MRT station. Robinson Point Located on Robinson Road, Robinson Point is near the historic Lau Pa Sat Festival Market and a 10-minute walk to either Raffles Place or Tanjong Pagar MRT station. Popular food & beverage outlets on the ground floor add to the attractiveness of the building for tenants. On 19 January 2010, CCT signed a sale and purchase agreement for the sale of Robinson Point for S$ million. The completion of the sale is expected to be by April Cuppage Road 26,019 sqm expiring 31 January 2095 Committed occupancy 68.2% Purchase price in 2004 S$266.1 million S$268.0 million No. of tenants 21 No. of car park lots 281 Gross rental income S$18.5 million (FY 2009) Gross revenue S$20.1 million (FY 2009) Net property income S$15.2 million (FY 2009) Singapore Technologies Group Kaplan Financial (S) Pte. Ltd. Intel Technology Asia Pte Ltd 39 Robinson Road 12,369 sqm Freehold Committed occupancy 94.1% Purchase price in 2004 S$119.8 million S$182.5 million No. of tenants 13 No. of car park lots 57 Gross rental income S$13.5 million (FY 2009) Gross revenue S$14.3 million (FY 2009) Net property income S$11.1 million (FY 2009) CapitaLand Group P.T. Bank Negara Indonesia (Persero) TBK Shinryo Singapore Pte Ltd 46

6 Bugis Village Bugis Village comprises 34 restored pre-war shophouses in a vibrant enclave with a rich heritage. The threestorey shophouses offer ideal locations for offices on the upper levels and retail outlets such as fast food restaurants and hair salons on the ground level. The leasehold title and the valuation take into account the right of the President of the Republic of Singapore, as lessor under the State Lease, to terminate the State Lease on 1 April 2019 upon payment of S$6,610, plus accrued interest. Wilkie Edge Wilkie Edge is a 12-storey mixed-use development at the junction of Wilkie Road and Selegie Road, within a 10-minute walk from Dhoby Ghaut MRT interchange. The development combines the artistic edge of the civic and cultural precinct with commercial business activity. Completed at the end of 2008, Wilkie Edge boasts an impressive façade with a high-resolution LED screen as its centrepiece. 62 to 67 Queen Street, 151 to 166 Rochor Road, 229 to 253 (odd nos. only) Victoria Street 11,356 sqm expiring 30 March 2088 Committed occupancy 93.8% Purchase price in 2004 S$56.5 million S$64.3 million No. of tenants 70 No. of car park lots NA Gross rental income S$10.1 million (FY 2009) Gross revenue S$10.4 million (FY 2009) Net property income S$8.0 million (FY 2009) This Fashion Holdings Pte Ltd Bon-Food Pte Ltd Kentucky Fried Chicken Management Pte Ltd 8 Wilkie Road 13,576 sqm expiring 20 February 2105 Committed occupancy 77.9% Purchase price in 2007 S$182.7 million S$143.0 million No. of tenants 18 No. of car park lots 215 Gross rental income S$7.6 million (FY 2009) Gross revenue S$8.1 million (FY 2009) Net property income S$4.7 million (FY 2009) SF Consulting Pte Ltd Astrazeneca Singapore Pte Ltd Kaplan Financial (S) Pte. Ltd. CapitaCommercial Trust Annual Report

7 Golden Shoe Car Park The 10-storey Golden Shoe Car Park, located on Market Street, is adjacent to Raffles Place, Singapore s financial and commercial centre. Retail outlets including fashion boutiques and food & beverage operations occupy the ground floor units of the building. Market Street Car Park Close to Golden Shoe Car Park, Market Street Car Park is an eight-storey building bounded by Market Street, Cross Street and Cecil Street. The property s retail space was successfully repositioned and achieved 100% occupancy in the third quarter of The building is within walking distance from Raffles Place MRT station interchange and now houses food & beverage outlets and retail shops on the ground level. 50 Market Street 4,117 sqm (excluding car park area) expiring 31 January 2081 Committed occupancy 100.0% Purchase price in 2004 S$72.1 million S$102.6 million No. of tenants 34 No. of car park lots 1,053 Car park income S$5.3 million (FY 2009) Gross revenue S$11.1 million (FY 2009) Net property income S$7.9 million (FY 2009) Mei Hua Food Court Pte. Ltd. DCA Architects Pte Ltd GG<5 Pte Ltd 146 Market Street 2,423 sqm (excluding car park area) expiring 31 March 2073 Committed occupancy 100.0% Purchase price in 2004 S$34.9 million S$49.3 million No. of tenants 23 No. of car park lots 704 Car park income S$3.1 million (FY 2009) Gross revenue S$4.6 million (FY 2009) Net property income S$2.4 million (FY 2009) Koufu Pte Ltd Alcova Group Pte. Ltd. Chakuan Pte. Ltd. 48