2014
At
Independent
Valuation
2013
At
Independent
Valuation
$’000
$’000
As disclosed in the Statement of Financial Position:
Investment properties – non current
1,335,180
1,132,598
Investment properties held for divestment – current
(denoted as (*) in the Portfolio Statement)
11,700
6,700
Total investment properties
1,346,880
1,139,298
Notes
(1)
These properties are single or multi-storey distribution and logistics facilities catering for tenants that are third party logistics and supply chain
management providers or trading companies.
(2)
These properties are single or multi-storey warehouse facilities with low content of office space that are used by both multi-national corporations
and local small and medium enterprises predominantly as storage space for raw material, semi-finished or finished goods; coupled with light
industrial activities such as assembly and packing. This also includes self-storage business.
(3)
These properties are single or multi-storey of manufacturing/production space with low content of office space used by both multi-national
corporations and local small and medium enterprises for light industrial activities such as light manufacturing, assembly, non-pollutive industrial and
businesses that engage in high technology, R&D or type 1 e-business kind of activities.
(4)
These properties are single or multi-storey of manufacturing/factory facilities with low content of office space catering to both multi-national
corporations and small and medium enterprises for industrial purposes which includes but not limited to manufacturing, altering, repairing, finishing,
precision engineering.
(5)
This property is a multi-storey industrial building used for car showroom and service workshops.
(5a)
This property is a multi-storey suburban office building in specially designated “Business Park Zone” of which serves as regional headquarters for
multi-national companies catering to knowledge-based activities.
(6)
CIT holds the remainder of a 30+12 year lease commencing from 1 March 1995.
(7)
CIT holds the remainder of a 30 year lease commencing from 16 December 2001.
(8)
CIT holds the remainder of a 30+30 year lease commencing from 16 December 1990.
(9)
CIT holds the remainder of a 30+30 year lease commencing from 1 April 1994.
(10)
CIT holds the remainder of a 30+30 year lease commencing from 16 October 1994.
(11)
CIT holds the remainder of a 30+29 year lease commencing from 1 November 1997.
(12)
CIT holds the remainder of a 60 year lease commencing from 16 February 1973.
(13)
CIT holds the remainder of a 30+28 year lease commencing from 16 February 1997.
(14)
CIT holds the remainder of a 30+30 year lease commencing from 1 February 1993.
(15)
CIT holds the remainder of a 30+30 year lease commencing from 1 December 1990.
(16)
CIT holds the remainder of a 30+30 year lease commencing from 1 February 2000.
(17)
CIT holds the remainder of a 30+30 year lease commencing from 1 October 1993.
(18)
CIT holds the remainder of a 30+30 year lease commencing from 16 February 1991.
(19)
CIT holds the remainder of a 30+30 year lease commencing from 16 August 1995.
(20)
CIT holds the remainder of a 60 year lease commencing from 4 January 1999.
(21)
CIT holds the remainder of a 30+30 year lease commencing from 1 May 1992.
(22)
CIT holds the remainder of a 30+30 year lease commencing from 1 March 2001 for 1 Changi North Street 2 and 30+30 year lease commencing from
23 November 2005 for 2 Changi North Street 2.
(23)
CIT holds the remainder of a 30+30 year lease commencing from 4 July 2007.
(24)
CIT holds the remainder of a 30 year lease commencing from 16 October 2011.
(25)
CIT holds the remainder of a 30+30 year lease commencing from 1 July 1996.
(26)
CIT holds the remainder of a 30+30 year lease commencing from 1 December 1991.
(27)
CIT holds the remainder of a 99 year lease commencing from 1 July 1963.
(28)
CIT holds the remainder of a 30+30 year lease commencing from 16 June 1996.
(29)
CIT holds the remainder of a 30+30 year lease commencing from 1 October 1990.
(30)
CIT holds the remainder of a 30+30 year lease commencing from 1 February 1997.
(31)
CIT holds the remainder of a 30+30 year lease commencing from 16 April 1997.
(32)
CIT holds the remainder of a 30+30 year lease commencing from 1 November 1990.
(33)
CIT holds the remainder of a 99 year lease commencing from 1 January 1958.
(34)
CIT holds the remainder of a 30+30 year lease commencing from 16 October 1990.
(35)
CIT holds the remainder of a 30+30 year lease commencing from 16 July 1998.
(36)
CIT holds the remainder of a 30+30 year lease commencing from 16 December 1979.
(37)
CIT holds the remainder of a 30+30 year lease commencing from 1 March 1995.
(38)
CIT holds the remainder of a 30+30 year lease commencing from 1 February 1993.
(39)
CIT holds the remainder of a 30+30 year lease commencing from 16 November 1996.
(40)
CIT holds the remainder of a 30 year lease commencing from 16 September 2005.
INVESTMENT PROPERTIES PORTFOLIO STATEMENT
AS AT 31 DECEMBER 2014
The accompanying notes form an integral part of these financial statements.
CAMBRIDGE INDUSTRIAL TRUST | ANNUAL REPORT 2014
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