Ascott Residence Trust - links.sgx.com · o Somerset Chancellor Court Ho Chi Minh City o Somerset Ho Chi Minh City Philippines o Ascott Makati o Somerset Millennium Makati Malaysia

1 29 January 2019

Portfolio Details

Ascott Residence TrustA Leading Global Serviced Residence REIT

2

731 Quality Assets Diversified Geographically Across 14 Countries, 37 Cities

United States of America

o DoubleTree by Hilton Hotel

New York – Times Square

South

o Element New York Times

Square West

o Sheraton Tribeca New York

Hotel

United Kingdom

o Citadines Barbican London

o Citadines Holborn-Covent

Garden London

o Citadines South Kensington

London

o Citadines Trafalgar Square

London

Spain

o Citadines Ramblas Barcelona

France

o Citadines Austerlitz Paris

o Citadines Didot Montparnasse Paris

o Citadines Les Halles Paris

o Citadines Maine Montparnasse Paris

o Citadines Montmartre Paris

o Citadines Place d’Italie Paris

o Citadines République Paris

o Citadines Tour Eiffel Paris

o Citadines Trocadéro Paris

o La Clef Louvre Paris

o Citadines Croisette Cannes

o Citadines City Centre Grenoble

o Citadines City Centre Lille

o Citadines Presqu’île Lyon

o Citadines Castellane Marseille

o Citadines Prado Chanot Marseille

o Citadines Antigone MontpellierGermanyo Citadines Arnulfpark Munich

o Citadines City Centre Frankfurt

o Citadines Kurfürstendamm Berlin

o Citadines Michel Hamburg

o Madison Hamburg

Belgium

o Citadines Sainte-Catherine Brussels

o Citadines Toison d’Or Brussels

China

o Ascott Guangzhou

o Citadines Xinghai Suzhou

o Citadines Zhuankou Wuhan

o Somerset Grand Central Dalian

o Somerset Heping Shenyang

o Somerset Olympic Tower Property Tianjin

o Somerset Xu Hui Shanghai

Japan

o Citadines Central Shinjuku Tokyo

o Citadines Shinjuku Tokyo

o Somerset Azabu East Tokyo

o Citadines Karasuma-Gojo Kyoto

o Actus Hakata V-Tower

o Big Palace Kita 14jo

o Gravis Court Kakomachi

o Gravis Court Kokutaiji

o Gravis Court Nishiharaekimae

o Infini Garden

o Roppongi Residences Tokyo

o S-Residence Hommachi Marks

o S-Residence Tanimachi 9 chome

o S-Residence Midoribashi Serio

o S-Residence Fukushima Luxe

Vietnamo Somerset Grand Hanoi

o Somerset Hoa Binh Hanoi

o Somerset West Lake Hanoi

o Somerset Chancellor Court Ho

Chi Minh City

o Somerset Ho Chi Minh City

Philippines

o Ascott Makati

o Somerset

Millennium Makati

Malaysia

o Somerset Ampang

Kuala Lumpur

Singapore

o Ascott Orchard Singapore

o Ascott Raffles Place

Singapore

o Citadines Mount Sophia

Property Singapore

o Somerset Liang Court

Property Singapore

Ascott REIT’s Global Footprint

o Ascott Jakarta

o Somerset Grand

Citra Jakarta

IndonesiaAustralia

o Citadines On Bourke Melbourne

o Citadines St Georges Terrace Perth

o Quest Campbelltown

o Quest Mascot

o Quest Sydney Olympic Park

Notes:

1. Excluding lyf one-north Singapore (under development)

3

Breakdown of Valuation by Country

Country No. of

Properties

No. of Units Valuation

(LC mil)

Valuation

(S$ mil)

Australia 5 777 AUD 277.6 269.1

Belgium 2 323 EUR 40.5 63.3

China 7 1,441 RMB 2,544.0 502.2

France 17 1,672 EUR 329.3 514.1

Germany 5 721 EUR 159.7 249.4

Indonesia 2 407 USD 75.0 102.8

Japan 15 2,086 JPY 52,463.0 633.8

Malaysia 1 205 MYR 158.0 51.7

Philippines 2 495 PHP 5,390.02 141.02

Singapore1 4 717 S$965.0 965.0

Spain 1 131 EUR 46.4 72.4

United Kingdom 4 600 GBP 277.6 486.5

United States 3 1,004 USD 443.8 608.2

Vietnam 5 851 VND 4,804.1Bil 283.4

Total 73 11,430 - 4,942.9

Note: Figures above as at 31 December 2018.

1. Excluding lyf one-north Singapore (under development) and including Ascott Raffles Place Singapore of S$215.0 million

2. Valuation relates to 427 units owned by Ascott Reit

4 Master Lease Metro/Train Station

Greater Sydney

Quest Sydney Olympic Park

Units 140

Tenure (years)/ Expiry

99/2111

Valuation(S$/LC’mil)

S$44.6/ AUD46.0

Quest Mascot

Units 91


Freehold


S$24.5/ AUD25.3

Quest Campbelltown

Units 81


Freehold


S$21.8/ AUD22.5

Located in the Sydney Olympic Park suburb, approximately 16km away from the Sydney

Central Business District

Darling Harbour

Capitol Theatre

University of Sydney

University of New South Wales

Located minutes from Sydney Airport

and a 15 minutes drive from Sydney’s


Western Sydney Priority Growth Area

Located in close proximity to the Western Sydney

Priority Growth Area, which will also house the planned

second Sydney AirportSydney Airport

Direct Factory Outlets

ANZ stadium

Qudos Bank Arena

Sydney Aquatic Centre

Sydney Showgrounds

Commercial zone of Alexandria and

Botany

Properties in Australia

Note: Figures above as at 31 December 2018

Source: Google Maps

5

Properties in Australia

Metro/Train StationManagement Contract

Perth Melbourne

Located in the heart of Melbourne City Centre, and a stone’s throw away from major

financial and commercial offices and places of interest

Citadines on Bourke Melbourne

Units 380

Tenure (years)/ Expiry Freehold


S$159.0/ AUD164.0

Queen Victoria Market

University of Melbourne

Chinatown

State Library Victoria

Flinders Street Railway Station

Citadines St Georges Terrace Perth

Units 85



S$19.2/ AUD19.8

Located in the heart of Perth’s Central Business District, and a few

minutes’ walk to the Perth Convention and Exhibition Centre

Perth Convention and Exhibition

Centre

Supreme Court of Perth


Source: Google Maps

6

Properties in Belgium & Spain

Proximity to historical landmarks and major commercial districts in Brussels; Centrally located right in La Rambla, Barcelona

Citadines Sainte-Catherine Brussels

Units 169

Tenure (years)/

ExpiryFreehold


S$32.9/ EUR21.1

Citadines Toison d’Or Brussels

Units 154

Tenure (years)/

ExpiryFreehold


S$30.4/ EUR19.5

Palace of Justice

Grand Place (UNESCO World Heritage Site)

Royal Palace of Brussels

Management Contract with Minimum Guaranteed Income Metro/Train Station

Central Station

Avenue Louise

Cathedral of St. Michael and

St. Gudula

Citadines Ramblas Barcelona

Units 131



S$72.4/ EUR46.4

Catalonia Square

Located in the renowned district of La Rambla, close to major

commercial and historical sites

La Ramblastreet

Gothic Quarter


Source: Google Maps

Belgium Spain

7

Properties in ChinaShanghai

Somerset Xu Hui Shanghai

Units 168


70/2066


S$75.8/ RMB384.0

Located in a prime residential district of

Shanghai, close to HuaiHai Zhong Road

Huanmao iAPMshopping centre

HuaihaiInternational

Plaza

Somerset Olympic Tower Property Tianjin

Units 185


70/2062

Valuation

(S$/LC’mil)

S$65.7/

RMB333.0

Tianjin

Xintiandi Shopping Mall

Located in a shopping and residential area, it is a short 15-minute walk

to Tianjin’s Central Business District, and

closely linked to other parts of the city

Tianjin Railway Station

Tianjin Department Store

Maigo

Tianjin QuanyeBazaar

Tianjin People’s Gymnasium

Metro/Train StationManagement ContractNote: Figures above as at 31 December 2018

Source: Google Maps

8

Part of an integrated

development in the Wuhan

Economic and Technological Development Zone, with a

wide selection of residential,

retail and food outlets in

the vicinity

Properties in China

Metro/Train Station

Guangzhou Dalian

Ascott Guangzhou

Units 207

Tenure (years)/ Expiry 70/ 2074

Valuation (S$/LC’mil) S$101.3/ RMB513.0

Citic Plaza

Malaysian Consulate

TaiKoo Hui

Tianhe Financial District

Pearl River New Town Central

Business District

R&F Centre

International Finance Centre

Located in the heart of Tianhe Financial District and

a 15 minute drive from the Central Business District

Somerset Grand Central Dalian

Units 195


50/2056


S$104.4/ RMB529.0

Management Contract

Located on Jinma Road, right in the middle of Dalian’s

Development Area’s Central Business District

DongshanScenic Area

Paotaishan Park

Mykal

Wuhan

Citadines Zhuankou Wuhan

Units 249


40/2043


S$44.2/ RMB224.0

XianglongTimes Square

Dongfeng Peugeot Citroën Automobiles

Wanda Plaza

Wuhan Sports Center

AnshengShopping Mall

Note: Figures above as at 31 December 2018; Source: Google Maps

9

Properties in ChinaShenyang

Somerset Heping Shenyang

Units 270


40/2046


S$80.5/ RMB408.0

Located in the heart of Shenyang’s main

commercial and shopping district

ZhongshanSquare

Taiyuan Street shopping area

Shenyang Railway Station

Wanda Plaza

Zhongxing Shenyang Commercial Building

City Plaza building

Suzhou

Citadines Xinghai Suzhou

Units 167


70/2066


S$30.2/ RMB153.0

Located at the heart of the vibrant Suzhou Industrial Park,

surrounded by a hive of business and recreational activities

Jinji Lake

Suzhou Culture and Arts Center

Zuo’anCommercial Street

Xinghai Swimming Complex

Jiacheng Building

Metro/Train StationManagement ContractNote: Figures above as at 31 December 2018; Source: Google Maps

10

Properties in France

Paris

2

3

4

5

6

7

1

Metro/Train Station

Eiffel Tower

Arc de Triomphe

The Louvre

Notre Dame

Bataclan

Place de la

République

The

Catacombs

Sacré-Cœur

Moulin Rouge

1 Citadines Montmartre

Citadines Trocadéro

Citadines Tour Eiffel

Citadines Didot Montparnasse

Citadines Maine Montparnasse

Citadines Place d’Italie

Citadines Austerlitz

Citadines République

Citadines Les Halles

La Clef Louvre

2

3

4

5

6

7

8

9

10

89

Master Lease

Opera

Ave Champs Elysées

10


Source: Google Maps

11

Citadines Place

d’Italie

Citadines

Austerlitz

Citadines

République

Citadines Les

HallesLa Clef Louvre

Units 169 50 76 189 51

Tenure (years)/

ExpiryFreehold Freehold Freehold Freehold Freehold

Valuation

(S$/LC’mil)

S$50.6/

EUR32.4

S$11.1/

EUR7.1

S$22.6/

EUR14.5

S$90.1/

EUR57.7

S$46.8/

EUR30.0


Citadines

Montmartre

Citadines

Trocadéro

Citadines Tour

Eiffel

Citadines Didot

Montparnasse

Citadines

Maine

Montparnasse

Units 111 97 104 80 67

Tenure

(years)/

Expiry

Freehold Freehold Freehold Freehold Freehold

Valuation

(S$/LC‘mil)

S$37.0/

EUR23.7

S$43.0/

EUR27.5

S$74.8/

EUR47.9

S$21.9/

EUR14.0

S$23.7/

EUR15.2

1 2 3 4 5

6 7 8 9 10

Paris


Source: Google Maps

12


Metro/Train StationMaster Lease

Lyon Cannes

Citadines Presqu’île Lyon

Units 116



S$22.3/ EUR14.3


Town Hall

Located in the city centre and near to the Central Business District

Town Hall

Croisette Promenade

Citadines Croisette Cannes

Units 58



S$7.5/ EUR4.8

Located a short distance away from the Palais des Festivals et

Congrès, where the Cannes Film Festivals are held

Cannes Railway Station

Palais des Festivals


Source: Google Maps

13



Grenoble Lille

Citadines City Centre Grenoble

Units 107


Freehold


S$8.9/ EUR5.7

Citadines City Centre Lille

Units 101


Freehold


S$14.8/ EUR9.5

Casino

Euralille

Shopping MallLille Opera

Paroisse Saint

Maurice

Théatre du Nord

Located within the city centre and in close proximity to major commercial

and entertainment points

GaleriesLafayette

Notre-Dame Cathedral

City Hall (further south)

Garage hélicoidal

Algerian Consulate

Place du Tribunal

Administrative Tribunal

Located within the city centre and a short distance away from

major historical landmarks and diplomatic areas

Lille Railway Station

L’Aéronef Live

Music Venue

Note: Figures above as at 31 December 2018.

Source: Google Maps

14 Master Lease Metro/Train Station

Marseille

Citadines Castellane Marseille

Units 97


Freehold


S$13.0/ EUR8.3

Citadines Prado Chanot Marseille

Units 77


Freehold


S$9.8/ EUR6.3

Notre-Dame de la Garde Basilica

Abbey of Saint-Victor

Centre of Public Finance

Sacré CœurBasilica

Consulate General of Algeria

Consulate General of Greece

Consulate General of MauritaniaConsulate General

of Libya

Well-connected and located in strategic zones in close proximity

to diplomatic areas and various points of interests

Montpellier

Citadines Antigone Montpellier

Units 122


Freehold


S$16.2/ EUR10.4

Located near the historic city centre in the district of Antigone,

close proximity to notable places of interest and commercial zones

Corum

Polygone Shopping Center

Historic City Centre –Place de la Comédie

Europe Square

(further east)



Source: Google Maps

15

Properties in Germany


Hamburg Berlin

HafenCity Development District

Located close to HafenCity, Europe’s largest inner city development, and

commercial districts

Citadines Michel Hamburg

Units 127


99/2111


S$50.0/ EUR32.0

Madison Hamburg

Units 166


Freehold


S$76.0/ EUR48.7

Rathaus(Town Hall)

Citadines Kurfürstendamm Berlin

Units 117


Freehold

Valuation

(S$/LC’mil)

S$22.4/

EUR14.4

Located in commercial district of Kurfürstendamm and ten

minutes drive to the Financial District of Potsdamer Platz

Kaiser Wilhelm Memorial Church


Source: Google Maps

16

Properties in Germany


Munich Frankfurt

Citadines Arnulfpark Munich

Units 146


Freehold


S$37.0/ EUR23.7

Citadines City Centre Frankfurt

Units 165


Freehold


S$64.0/ EUR41.0

Congress Center Messe Frankfurt

Frankfurt am Main Train Station

Financial District

Main Tower

Located close to major transportation hubs and major

commercial buildings, ten minutes drive to Financial District

Google OfficeCity Centre

Marienplatz

Located in the Westendtechnology center district, and

only a short drive to the historical city centre and Financial District


Source: Google Maps

17

Properties in Indonesia

Metro/Train Station

Ascott Jakarta

Units 204

Tenure (years)/ Expiry1

26/2024


S$63.0/ USD46.0

Somerset Grand Citra Jakarta

Units 203

Tenure (years)/ Expiry1

30/ 2024


S$39.7/ USD29.0

World Trade Center

Management Contract

Located in ‘The Golden Triangle’ – in the heart of Jakarta’s main business and shopping areas

Golden Triangle of Jakarta - Central

Business District

National Monument

Grand Indonesia & Plaza Indonesia

Lotte Shopping Avenue

Jakarta’s MRT line is currently under construction and is

targeted to start operations in 2019.

Within proximity to the city’s main CBD, Embassies and

shopping & entertainment attractions

Note: Figures above as at 31 December 2018. Source: Google Maps

1. Renewable upon expiry, subject to approval.

18

Properties in Japan

Citadines Central Shinjuku Tokyo

Units 206


Freehold

Valuation (S$/LC’mil)

S$130.6/ JPY10,810.0

Located in the heart of Shinjuku – Tokyo’s central

ward, a huge business, commercial, and

entertainment centre

Citadines Shinjuku Tokyo

Units 160


Freehold


S$110.3/JPY9,130.0

Located in the Shimogyo-ku area, a

nexus for commerce and shopping

Located in the upscale Azabu

district of Minato-ku in Tokyo’s Central

Business District

Somerset Azabu East Tokyo

Units 79


Freehold


S$43.3/JPY3,583.0

Citadines Karasuma-GojoKyoto

Units 124


Freehold


S$58.1/JPY4,807.0

Tokyo Kyoto

Management Contract Metro/Train Station

Kyoto station,

Bullet train

station in Kyoto


Source: Google Maps

19

Properties in Japan

Roppongi Residences Tokyo

Units 64


Freehold


S$37.4/ JPY3,092.0

Actus Hakata V-Tower

Units 296


Freehold


S$43.9/JPY3,631.0

Infini Garden

Units 389

Tenure

(years)/ Expiry

Freehold


S$80.6/JPY6,670.0

Tokyo Fukuoka


Situated strategically within Minato-Ku, the Central Business

District of Tokyo, headquarters to a number of MNC and embassies.

Being one of the main entertainment area, Roppongi

houses many trendy restaurants and nightclubs.

Tokyo Midtown

Roppongi HillsHakata – Fukuoka’s

city centreHigashi-ku – the east ward of Fukuoka City

The 11 rental housing properties are strategically located in five cities of Japan, namely Tokyo, Fukuoka, Hiroshima, Osaka and Sapporo

Canal City

Hakata

shopping mall

Hakata station,

main train

station in

Fukuoka


Source: Google Maps

20

Properties in Japan

Gravis Court Kakomachi

Units 63


Freehold


S$7.2/ JPY600.0

Gravis Court Kokutaiji

Units 48


Freehold


S$5.4/JPY449.0

Big Palace Kita 14jo

Units 140


Freehold


S$18.3/JPY1,517.0

Hiroshima Sapporo


Located in Hiroshima’s Asaminami-ku ward and

Naka-ku ward, home to Hiroshima’s central

business district

Located in Sapporo’s Chuo-ku, the central ward

of Sapporo and home to the city administration and

entertainment district


Gravis Court Nishiharaekimae

Units 29

Tenure

(years)/ Expiry

Freehold


S$4.5/JPY372.0


Sapporo

Station, a major

transport hub

Chuo-ku


Source: Google Maps

21

Osaka


S-Residence Tanimachi 9 chome

Units 102

Tenure

(years)/ Expiry

Freehold


S$20.7/ JPY1,711.0


S-Residence HommachiMarks

Units 110


Freehold


S$18.8/ JPY1,553.0

S-Residence MidoribashiSerio

Units 98


Freehold


S$17.3/ JPY1,428.0

S-Residence Fukushima Luxe

Units 178


Freehold


S$37.6/ JPY3,110.0

Financial District

Located in Higashinari-ku, the eastern industrial zone

of Osaka City

Located in Chuo-ku, Osaka’s financial district and home to the

Osaka Prefecture offices and principal shopping and tourist areas

Located in Fukushima-ku, within proximity to the

Umeda business centre

Umeda – major commercial and

business district

Osaka Station, a major transport

hub

Properties in Japan


Source: Google Maps

22

Units 362


48/2044


S$125.1/ PHP4,782.0

Ascott Makati

PhilippinesMalaysia

Somerset Millennium Makati

Units 133


Freehold

Valuation1

(S$/LC’mil)S$15.9/ PHP608.0

Somerset Ampang Kuala Lumpur

Units 205


Freehold


S$51.7/ MYR158.0

Situated along the prestigious Embassy Row area and housed

within an integrated development, the property is

flanked by HSC Medical Center – Malaysia’s leading medical,

heart and diagnostic hub.

The Intermarkdevelopment

Petronas Twin Towers

Suria KLCC

Ampang Park Shopping Centre

Located in the heart of Makati Metro Central Business District,

surrounded by major commercial developments

Greenbelt shopping mall

Glorietta Mall

Ayala Train Station

Ayala Triangle Leisure Park

Management Contract Metro/Train StationNote: Figures above as at 31 December 2018. Source: Google Maps

1. Valuation commissioned for 65 units owned by Ascott REIT

Properties in Malaysia & Philippines

23

Ascott Orchard Singapore

Units 220

Tenure (years)/

Expiry

99/2113

Valuation(S$’mil)

S$407.0

Ascott Raffles Place

Singapore

Units 146

Tenure (years)/

Expiry

999/ 2890-

2892

Valuation(S$’mil)

S$215.0

Citadines Mount Sophia Property Singapore

Units 154

Tenure (years)/

Expiry

96/2105

Valuation(S$’mil)

S$132.0

Somerset Liang Court Property Singapore

Units 197

Tenure (years)/

Expiry

97/2077

Valuation(S$’mil)

S$211.0

Strategically located in major commercial districts of Singapore andwell-connected to Mass Rapid Transit (MRT) stations

Orchard Shopping District

Bugis Shopping and Commercial District

Central Business District and Marina Bay District

Management ContractMaster Lease Metro/Train Station

Clarke Quay – Dining and Entertainment Hub

Properties in Singapore


Source: Google Maps

24

Properties in United Kingdom

Strategic areas in London’s major commercial areas

Management Contract with Minimum Guaranteed Income Metro/Train Station

The British

Museum

Canary Wharf Financial District

Soho Entertainment District

London Bridge Quarter Development

Citadines Trafalgar Square London

Units 187


Freehold


S$178.8/ GBP102.0

Citadines Holborn-Covent Garden London

Units 192


Freehold


S$159.0/ GBP90.7

Citadines Barbican London

Units 129


Freehold

Valuation

(S$/LC’mil)

S$76.5/

GBP43.6

Citadines South Kensington London

Units 92


Freehold


S$72.3/ GBP41.3

Located in the upmarket South Kensington district -

proximity to museums and concert halls

Located in prime areas of London and well connected

to public transport and major commercial districts

Hyde Park

Kensington

Palace

Buckingham

Palace

Big Ben

London Eye


Source: Google Maps

25

Properties in United States of America

Prime locations in the heart of Manhattan

Element New York Times Square West

Units 411


99/2112


S$231.6/ US$169.0

Located in Midtown Manhattan, near to Times Square – the

commercial and cultural epicenter of Manhattan and

one of the world’s most populartourist destination

DoubleTree by Hilton Hotel New York – Times Square South

Units 224


Freehold


S$149.8/ US$109.3

Sheraton Tribeca New York Hotel

Units 369


99/2112


S$226.8/ US$165.5


SoHo

Financial District

Hudson

Yards

Times SquareJacob K. Javits

Convention Center

Madison Square

Garden

Empire State Building

Located in the heart of Tribeca, one of the priciest residential

neighbourhoods in Downtown Manhattan, and in proximity to

the SoHo retail district and the Financial District

Tribeca

Little Italy

Chinatown

Macy’s

Bryant

Park

Port Authority

Bus Terminal


Source: Google Maps

26

City Centre

Hanoi Railway Station

Old Quarter

Thang Long

Water Puppet

Theatre

Political center where most of the

government offices and embassies are

located

Proximity to the scenic

West Lake

Close to Noi Bai Industrial Zone and Thang Long

Industrial Park

Close to HoaLac high

technology development

zone

Somerset Hoa Binh Hanoi

Units 206


36/2042

Valuation(S$’mil/LC’bil)

S$42.7/ VND723.2

Somerset West Lake Hanoi

Units 90


49/2041


S$13.6/ VND229.8

Somerset Grand Hanoi

Units 185


45/2038


S$124.4/ VND2,108.8


Hanoi

Located within a mixed-use development that also

houses retail, residential and office towers

Properties in Vietnam


Source: Google Maps

27 Management Contract

Ho Chi Minh City

Somerset Chancellor Court Ho Chi Minh City

Units 172

Tenure

(years)/ Expiry

48/2041


S$55.8/ VND946.0

Somerset Ho Chi Minh City

Units 198


45/

2039


S$47.0/ VND796.3

Located in District 1, a key business, commercial, and diplomatic district,

and in close proximity to major commercial points of interests

Ben Thanh Market

City Opera HouseHo Chi Minh City Museum

Notre Dame Cathedral Saigon Central Post Office

Tan Dinh Market

Phuoc Hai Temple

Jade Emperor

Pagoda

French Consulate

US Consulate British Consulate

Properties in Vietnam


Source: Google Maps

28

Thank You

Documents

Ascott Residence Trust - links.sgx.com · o Somerset Chancellor Court Ho Chi Minh City o Somerset Ho Chi Minh City Philippines o Ascott Makati o Somerset Millennium Makati Malaysia