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Notice Of Valuation Of Real Assets

BackOct 13, 2020
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Oct 13, 2020 23:56
Status New
Announcement Sub Title Notice of Valuation of Real Assets
Announcement Reference SG201013OTHRM92I
Submitted By (Co./ Ind. Name) Khor Siew Kim
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Notice of Valuation of 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
31/08/2020 Cushman & Wakefield 20 PBSA properties in the United Kingdom - with details as set out in Annex A United Kingdom Pound 341,925,000
31/08/2020 Cushman & Wakefield 1) 7 PBSA properties in the United Kingdom (Student Castle) - with details as set out in Annex B United Kingdom Pound 442,375,000
31/08/2020 - 2) 1 PBSA property in Bremen, Germany (Galileo Residenz) - with details as set out in Annex B Euro 16,420,000
Valuation of Reports available for inspection at address during office hours 1000 Toa Payoh North, News Centre, Singapore 318994
Reports available till date 12/01/2021
Additional Information 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: 176,729 bytes)