CAPITALAND CHINA TRUST (Constituted in the Republic of Singapore pursuant to a trust deed dated 23 October 2006 (as amended))
Pursuant to Rule 703 of the SGX-ST Listing Manual, CapitaLand Retail China Trust Management Limited (the "Manager"), as manager of CapitaLand Retail China Trust ("CRCT"), wishes to announce that the Manager has obtained new independent valuations, as of 31 December 2015, for the properties owned by CRCT.
Owner | HSBC Institutional Trust Services (Singapore) Limited as trustee of CRCT |
Description of Property | Valuer | Valuation (RMB' million) |
CapitaMall Xizhimen No. 1 Xizhimenwai Avenue, Xicheng District, Beijing | DTZ Debenham Tie Leung International Property Advisers (Shanghai) Co., Ltd. | 2,882.0 |
CapitaMall Wangjing No. 33 Guangshun North Street, Blk 213 & 215, Chaoyang District, Beijing | Knight Frank Petty Limited | 2,156.0 |
CapitaMall Grand Canyon No. 16 Nansanhuan Xi Road, Fengtai District, Beijing | CBRE Limited | 2,020.0 |
CapitaMall Anzhen Section 5 No. 4 of Anzhen Xi Li, Chaoyang District, Beijing | DTZ Debenham Tie Leung International Property Advisers (Shanghai) Co., Ltd. | 995.0 |
CapitaMall Erqi No. 3 Minzhu Road, Erqi District, Zhengzhou, Henan Province | Knight Frank Petty Limited | 615.0 |
CapitaMall Shuangjing No. 31 Guangqu Road, Chaoyang District, Beijing | DTZ Debenham Tie Leung International Property Advisers (Shanghai) Co., Ltd. | 568.0 |
CapitaMall Minzhongleyuan No. 704 Zhongshan Avenue, Jianghan District, Hankou, Wuhan, Hubei Province | Savills Valuations & Professional Services (S) Pte Ltd | 535.0 |
Description of Property | Valuer | Valuation (RMB' million) |
CapitaMall Qibao No. 3655 Qi Xin Road, Minhang District, Shanghai | Knight Frank Petty Limited | 495.0 |
CapitaMall Saihan No. 26 Ordos Street, Saihan District, Huhhot, Inner Mongolia Autonomous Region | DTZ Debenham Tie Leung International Property Advisers (Shanghai) Co., Ltd. | 425.0 |
CapitaMall Wuhu No. 37 Zhongshan North Road, Jinghu District, Wuhu, Anhui Province | Knight Frank Petty Limited | 221.0 |
Copies of the valuation reports for the above properties are available for inspection at the Manager's registered office at 168 Robinson Road, #30-01 Capital Tower, Singapore 068912 during normal business hours for three months from the date of this Announcement.
BY ORDER OF THE BOARD
CapitaLand Retail China Trust Management Limited (Company Registration no. 200611176D)
As manager of CapitaLand Retail China Trust
Lee Ju Lin, Audrey Company Secretary 4 February 2016
The value of Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager, or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.
Investors should note that they will have no right to request the Manager to redeem or purchase their Units for so long as the Units are listed on the Singapore Exchange Securities Trading Limited (the "SGX-ST"). It is intended that unitholders may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
The past performance of CRCT is not necessarily indicative of the future performance of CRCT.
CapitaRetail China Trust issued this content on 04 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 February 2016 23:22:17 UTC
Original Document: http://crct.listedcompany.com/newsroom/20160204_070706_AU8U_RC01FXZK7GQMR7UL.1.pdf
