Capitamall Trust

Total Page:16

File Type:pdf, Size:1020Kb

Capitamall Trust CONSISTENT PERFORMANCE SUSTAINABLE GROWTH CAPITAMALL TRUST REPORT TO UNITHOLDERS VISION MISSION Creating Value To deliver stable distributions Maximising Returns and sustainable total returns Transforming Experiences to Unitholders. CapitaMall Trust’s vision embraces all our stakeholders. We rely on the continued and combined support of our Unitholders, business partners, tenants, shoppers and employees to achieve this vision and, in return, share with them the fruits of our success. TAMPINES MALL JUNCTION 8 FUNAN DIGITALIFE MALL IMM BUILDING PLAZA SINGAPURA BUGIS JUNCTION SEMBAWANG SHOPPING CENTRE JCUBE HOUGANG PLAZA RAFFLES CITY SINGAPORE LOT ONE SHOPPERS’ MALL BUKIT PANJANG PLAZA RIVERVALE MALL THE ATRIUM@ORCHARD CLARKE QUAY CORPORATE PROFILE CapitaMall Trust (CMT) is the first Real Estate Investment CMT also owns approximately 19.62% stake in CapitaRetail Trust (REIT) listed on Singapore Exchange Securities China Trust as at 31 December 2010, the first China shopping Trading Limited (SGX-ST) in July 2002. CMT is also the mall REIT listed on the SGX-ST in December 2006. largest REIT by market capitalisation and asset size in Singapore, with a market capitalisation and asset size of CMT has been assigned an ‘A2’ rating by Moody’s Investors approximately S$6.2 billion and S$8.1 billion respectively Service. The ‘A2’ rating is the highest rating assigned to as at 31 December 2010. a Singapore REIT. CMT is the only REIT constituent of the Straits Times (ST) Index and is also a constituent of CMT owns and invests in quality income-producing assets various key global indices which include the FTSE4Good which are used, or predominantly used, for retail purposes Global Index, FTSE/ASEAN Index, FTSE European Public primarily in Singapore. As at 31 December 2010, CMT’s Real Estate Association (EPRA)/National Association of portfolio comprised a diverse list of over 2,400 leases with Real Estate Investment Trusts (NAREIT) Global Real Estate local and international retailers and achieved an average Index, FTSE ST Index and its sub-indices, Global Property committed occupancy of close to 100.0%. CMT’s portfolio Research (GPR) General Index and its sub-indices, GPR comprises 15 quality retail properties which are strategically 250 Index and its sub-indices, GPR 250 REIT Index and its located in the suburban areas and downtown core of sub-indices, Morgan Stanley Capital International (MSCI) Singapore – Tampines Mall, Junction 8, Funan DigitaLife Singapore Standard, MSCI World Standard Index, Standard Mall, IMM Building, Plaza Singapura, Bugis Junction, and Poors (S&P) BMI Global Index, S&P Global Property Sembawang Shopping Centre, JCube (formerly known and S&P Global REIT Index. as Jurong Entertainment Centre), Hougang Plaza, Raffles City Singapore (40.00% interest), Lot One Shoppers’ Mall, CMT is managed by an external manager, CapitaMall Trust Bukit Panjang Plaza (90 out of 91 strata lots), Rivervale Management Limited, which is a wholly-owned subsidiary Mall, The Atrium@Orchard and Clarke Quay. of CapitaMalls Asia Limited, one of Asia’s largest listed shopping mall developers, owners and managers. CONTENTS 01 Corporate Profile 47 Organisation Structure 92 Shoppers Voices 04 Financial Highlights 48 Board of Directors 96 Portfolio at a Glance 06 Letter to Unitholders 55 Present Directorships 98 Portfolio Summary 12 Year in Brief 59 Trust Management Team 100 Portfolio Details 14 Growth Strategies 61 Property Management Team 130 CapitaRetail China Trust 18 Independent Retail Market Overview 64 Sustainability 133 Financial Statements 24 Singapore REIT Sector 64 Environment 204 Unitholders’ Statistics 25 Operations Review 66 People & Community 206 Interested Person Transactions 30 Marketing & Promotions 69 Corporate Governance 207 Notice of Annual General Meeting 33 Financial Review 83 Investor & Media Relations 210 Mall Directory 39 Risk & Capital Management 85 Unit Price Performance 211 Corporate Information 46 Trust Structure 90 Tenants Voices 212 Glossary CAPITAMALL TRUST Report TO UNITHOLDERS 2010 1 DELIVERING CONSISTENT PERFORMANCE 24/7 MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY SUNDAY Bugis Junction 3 FINANCIAL HIGHLIGHTS PERFORMANCE AT A GLANCE Gross Revenue (S$ million) Net Property Income (S$ million) +5.1% +5.9% +8.2% +10.4% +18.3% +18.5% +30.2% +32.3% 331.7 431.9 510.9 552.7 581.1 217.6 287.8 341.1 376.8 399.1 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 Market Capitalisation (S$ million) Distributable Income (S$ million) +8.5% +4.6% +115.9% +18.3% +26.6% +12.9% +24.7% -53.9% 4,543.8 5,751.9 2,650.3 5,722.7 6,209.3 169.4 211.2 238.4 282.0 294.8 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 4 CAPITAMALL TRUST Report TO UNITHOLDERS 2010 2006 2007 2008 2009 2010 TRUST & ITS GROUP2 GROUP2 GROUP2 GROUP2 INVESTEES1 Selected Statement of Total Return and Distribution Data Gross Rental Income (S$ million) 307.3 399.2 473.6 513.7 539.2 Car Park Income (S$ million) 8.9 12.0 13.7 14.3 15.5 Other Income (S$ million) 15.5 20.7 23.6 24.7 26.4 Gross Revenue (S$ million) 331.7 431.9 510.9 552.7 581.1 Net Property Income (S$ million) 217.6 287.8 341.1 376.8 399.1 Distributable Income (S$ million) 169.4 211.2 238.4 282.0 294.8 Selected Balance Sheet Data Total Assets (S$ million) 4,811.3 5,957.3 7,509.0 7,423.03 8,125.9 Total Borrowings4 (S$ million) 1,695.2 2,052.2 3,216.4 2,243.0 2,916.9 Net Asset Value Per Unit5 (S$) 1.87 2.21 2.41 1.54 1.53 Unitholders’ Funds (S$ million) 2,975.8 3,721.8 4,079.6 4,969.6 4,939.4 Market Capitalisation6 (S$ million) 4,543.8 5,751.9 2,650.3 5,722.7 6,209.3 Portfolio Property Valuation (S$ million) 4,575.1 5,777.9 7,174.0 6,920.5 7,271.5 Key Financial Indicators Earnings Per Unit7 (cents) 29.17 38.52 33.70 (2.23)8 8.49 Distribution Per Unit (cents) 11.69 13.34 14.29 8.859 9.249 Borrowings to Total Assets (Gearing) 35.2% 34.5% 42.8% 30.2% 35.9% Interest Coverage (times) 5.0 4.2 3.4 3.6 3.6 Management Expense Ratio10 0.9% 0.7% 0.7% 0.7% 0.7% Unencumbered assets as % of Total Assets 4.9% 3.0% 4.5% 20.0% 36.3% Net Debt / EBITDA11 (times) 8.0 6.8 10.2 6.6 6.8 Average Term to Maturity (years) 2.6 2.8 2.012 1.712 2.612 Average cost of debt 3.3% 3.5% 3.4% 3.5% 3.7% After Restatement for the Effect of Rights Issue13 Net Asset Value Per Unit5 (S$) 1.35 1.54 1.65 1.54 1.53 Earnings Per Unit7 (cents) 23.71 31.32 27.40 (2.23)8 8.49 Distribution Per Unit (cents) 5.72 6.83 7.52 8.85 9.24 1. As at 31 December 2006, the Trust and its investees include proportionate consolidation of the 40.00% interest in Raffles City Singapore (RCS), through the RCS Trust, the special purpose vehicle that holds RCS, and equity accounting of its associate, CapitaRetail Singapore Limited (CRSL). 2. As at 31 December 2007, 31 December 2008, 31 December 2009 and 31 December 2010, CMT Group includes the proportionate consolidation of the 40.00% interest in RCS, through the RCS Trust, consolidation of 100.00% interest in CRSL (with effect from 1 June 2007) and CMT MTN Pte. Ltd. (CMT MTN) (with effect from 13 April 2007) and equity accounting of its associate, CapitaRetail China Trust (CRCT) (with effect from 1 April 2007). 3. The decrease in total assets as at 31 December 2009 is mainly due to the revaluation deficit on investment properties, offset by the increase in cash and cash equivalent mainly from the balance of net proceeds of the underwritten renounceable 9-for-10 rights issue (Rights Issue). 4. Excludes unamortised transaction costs. As at 31 December 2010, the total borrowings include S$550.0 million in principal amount of the S$650.0 million 1.0% convertible bonds due 2013 (Outstanding Convertible Bonds) (as at 31 December 2008 and 2009 : S$650.0 million). The final redemption price upon maturity on 2 July 2013 is equal to 109.31% of the principal amount. The Outstanding Convertible Bonds may be redeemed in whole or in part, at the option of the bondholders on 2 July 2011 at 105.43% of the principal amount. Total borrowings as at 31 December 2010 also include US$500.0 million fixed rate notes issued under the US$2.0 billion unsecured Euro-Medium Term Note Programme of CMT MTN which were swapped to S$699.5 million at a fixed interest rate of 3.794% per annum in April 2010. 5. Excludes outstanding distributable income as at end of each period. 6. Based on the closing unit price of S$2.91 on 29 December 2006, S$3.46 on 31 December 2007, S$1.59 on 31 December 2008, S$1.80 on 31 December 2009 and S$1.95 on 31 December 2010. 7. With the introduction of Financial Reporting Standards (FRS) 40: Investment Property with effect from 1 January 2007, Earnings Per Unit (EPU) are computed based on total return for the period after tax. Prior to this, EPU were computed based on net income after tax. Comparative EPU have been restated to be consistent with the presentation. 8.
Recommended publications
  • How to Get to Singapore Nursing Board by Public Transport (81 Kim Keat Road, #08-00, Singapore 328836)
    How to get to Singapore Nursing Board by Public Transport (81 Kim Keat Road, #08-00, Singapore 328836) Bus Stop Number: 52411 (Blk 105 ) Bus Stop Number: 52499 (St. Michael Bus Terminal ) Jalan Rajah (After Global Indian International School) Whampoa Road Bus services : 139, 565 Bus Services : 21, 124, 125, 131, 186 Bus Stop Number: 52419 (Curtin S’pore ) Bus Stop Number: 52099 (Opp. NKF) Jalan Rajah Kim Keat Road Bus Services : 139 Bus Services : 21, 124, 125, 131, 139, 186, 565 How to get to Singapore Nursing Board by MRT and Bus Nearest MRT Station How to get to Singapore Nursing Board by MRT and Bus Toa Payoh Alight at NS19 – Toa Payoh MRT Station (Use Exit B) MRT Station Take Bus 139 at Toa Payoh Bus Interchange (52009) (NS19) Alight at Bus Stop Number: 52411 (Blk 105) – Jalan Rajah Number of Stops: 5 Walk towards NKF Centre (200m away) OR Alight at Bus Stop Number: 52099 (opp. NKF) –Kim Keat Road Number of Stops: 9 Cross the road and walk towards NKF Centre (50m away) Novena MRT Alight at NS20 – Novena MRT Station (Use Exit B2) How to get to SNB (Public Transport) 1 June 2011 Page 1 of 4 Nearest MRT Station How to get to Singapore Nursing Board by MRT and Bus Station Walk down towards Novena Church. (NS20) Walk across the overhead bridge, and walk towards Bus Stop Number: 50031 – Thomson Road (in front of Novena Ville). Take Bus 21 or 131 Alight at Bus Stop Number: 52499 (St. Michael Bus Terminal) –Whampoa Road Number of Stops: 10 Walk towards NKF Centre (110m away) Newton MRT Alight at NS21 – Newton MRT Station (Use Exit A) Station Take Bus 124 at Bus Stop Number: 40181 – Scotts Road (heading towards Newton (NS21) Road).
    [Show full text]
  • Merdeka Generation Package $100 Top-Up Benefit
    Merdeka Generation Package $100 Top-Up Benefit The Merdeka Generation (MG) One-Time $100 Top-Up will be available from 01 July 2019 onwards. Apart from the top-up locations at the MRT stations and bus interchanges, temporary top-up booths at selected Community Clubs/ Centres will be set up to provide even greater convenience to our MGs with their top ups. a) TransitLink Ticket Offices Operating Hours TransitLink Ticket Offices Public Location Weekdays Saturdays Sundays Holidays 1 Aljunied MRT Station * 1200 - 1930 Closed 2 Ang Mo Kio MRT Station 0800 - 2100 3 Bayfront MRT Station (CCL)* Closed 1200 - 2000 4 Bedok Bus Interchange 1000 - 2000 1000 - 1700 Closed 5 Bedok MRT Station * 1200 - 2000 6 Bishan MRT Station * 1200 - 1930 Closed 7 Boon Lay Bus Interchange 0800 - 2100 8 Bugis MRT Station 1000 - 2100 9 Bukit Batok MRT Station * 1200 - 1930 10 Bukit Merah Bus Interchange * 1200 - 1930 11 Changi Airport MRT Station ~ 0800 - 2100 12 Chinatown MRT Station ~@ 0800 - 2100 13 City Hall MRT Station 0900 - 2100 14 Clementi MRT Station 0800 - 2100 15 Eunos MRT Station * 1200 - 1930 1200 - 1800 Closed 16 Farrer Park MRT Station * 1200 - 1930 17 HarbourFront MRT Station ~ 0800 - 2100 Updated as of 2 July 2019 Operating Hours TransitLink Ticket Offices Public Location Weekdays Saturdays Sundays Holidays 18 Hougang MRT Station * 1200 - 1930 19 Jurong East MRT Station * 1200 - 1930 20 Kranji MRT Station * 1230 - 1930 # 1230 - 1930 ## Closed## 21 Lakeside MRT Station * 1200 - 1930 22 Lavender MRT Station * 1200 - 1930 Closed 23 Novena MRT Station
    [Show full text]
  • Singapore for Families Asia Pacificguides™
    ™ Asia Pacific Guides Singapore for Families A guide to the city's top family attractions and activities Click here to view all our FREE travel eBooks of Singapore, Hong Kong, Macau and Bangkok Introduction Singapore is Southeast Asia's most popular city destination and a great city for families with kids, boasting a wide range of attractions and activities that can be enjoyed by kids and teenagers of all ages. This mini-guide will take you to Singapore's best and most popular family attractions, so you can easily plan your itinerary without having to waste precious holiday time. Index 1. The Singapore River 2 2. The City Centre 3 3. Marina Bay 5 4. Chinatown 7 5. Little India, Kampong Glam (Arab Street) and Bugis 8 6. East Coast 9 7. Changi and Pasir Ris 9 8. Central and North Singapore 10 9. Jurong BirdPark, Chinese Gardens and West Singapore 15 10. Pulau Ubin and the islands of Singapore 18 11. Sentosa, Universal Studios Singapore and "Resorts World" 21 12. Other attractions and activities 25 Rating: = Not bad = Worth trying = A real must try Copyright © 2012 Asia-Pacific Guides Ltd. All rights reserved. 1 Attractions and activities around the Singapore River Name and details What is there to be seen How to get there and what to see next Asian Civilisations Museum As its name suggests, this fantastic Address: 1 Empress Place museum displays the cultures of Asia's Rating: tribes and nations, with emphasis on From Raffles Place MRT Station: Take Exit those groups that actually built the H to Bonham Street and walk to the river Tuesday – Sunday : 9am-7pm (till city-state.
    [Show full text]
  • APAC Realty Limited (“APAC Realty”, Pte Ltd (“ERA Realty”) Under the ERA the “Company” Or Together with Brand
    Our Vision To be the real estate company of choice for clients and real estate salespersons. Our Mission We are committed to be 1st in service, 1st in results and 1st in customer satisfaction. To equip ERA salespersons with innovative tools and training. Clients will have total confidence that they are dealing with ERA real estate professionals expressing the highest level of service and integrity. Contents 01 Corporate Profile 02 Our Business 04 Corporate Structure 05 Developments During the Year 06 Financial Highlights 08 Statement By Chairman and CEO 10 Board of Directors 12 Additional Information On Directors Seeking Re-Election 20 Management Team 23 Operating and Financial Review 28 Sustainability Report 41 Corporate Information 42 Corporate Governance 57 Financial Statements 114 Statistics of Shareholders Corporate Profile 2019 Awards and Accolades APAC Realty Limited (“APAC Realty”, Pte Ltd (“ERA Realty”) under the ERA the “Company” or together with brand. ERA Realty derives commission- Asia Pacific Property Awards its subsidiaries, the “Group”) is a based fees through the provision 5-Star Real Estate Agency (Single Office) leading real estate services provider of property brokerage services for in Asia. The Group provides real MCC Land (Singapore) primary sales; secondary sales; and estate brokerage services; franchise Best Agency Award rental of residential, commercial and arrangements; and training, valuation industrial properties. EdgeProp Singapore and other ancillary services. Marketing Agency Excellence Award APAC Realty’s real estate brokerage services are operated by its wholly- owned subsidiary ERA Realty Network APAC Realty holds the exclusive ERA ERA Member Brokers globally by professional certification exams and regional master franchise rights for 17 transaction value, and is also one of as part of continuing professional countries in Asia Pacific, acquired from Singapore’s largest real estate agencies development regulations.
    [Show full text]
  • 2020 MICE Directory
    2020 MICE Directory EMPOWERING COMMERCE, CAPABILTIES, COMMUNITY CONTENTS MESSAGES 5 Message from SACEOS President 6 Message from Singapore Tourism Board EVENT CALENDARS 28 Calendar of Conferences 2020 31 Calendar of Exhibitions 2020 36 Calendar of Conferences 2021 38 Calendar of Exhibitions 2021 VENUE 44 Auditorium, Conventions & Exhibitions Centres 57 Hotels 69 Unique Venues DIRECTORY LISTING 81 SACEOS Members Listings 116 General Listings 209 Singapore Statutory Boards & Government Agencies 217 Advertiser’s Index SACEOS DIRECTORY 2020 Message from SACEOS President I Message from Singapore Tourism Board MR ALOYSIUS ARLANDO MS MELISSA OW President Singapore Association of Deputy Chief Executive Convention & Exhibition Singapore Tourism Board Organisers & Suppliers (SACEOS) Welcome to the 2020 edition of MICE e-directory – the industry’s go-to guide. SACEOS is a community-based association of the MICE industry whose members contribute to a rich history of successful corporate events, business meetings and conventions and exhibitions in Singapore. 2019 was another exciting year for Singapore’s business events landscape. The city maintains its momentum as a leading global business events hub, This year in 2020, SACEOS rang in the new decade with a big bang - by unveiling our brand playing host to a vibrant array of business events across various industry PRESIDENT new visual identity, a symbol of transformation, and a timely reflection that represents a hallmark clusters, and keeping its position as Asia Pacific’s leading city in the 2018 for the next phase of our growth, our hope, our unified future. global ranking by the International Congress and Convention Association MESSAGE (ICCA), and top international meeting country since 2013 in the Union of Singapore is a key player in the ASEAN region and the rest of the world.
    [Show full text]
  • Vision Mission
    Vision Creating Value Maximising Returns VIBRANT SHOPPING Transforming Experiences CapitaMall Trust’s vision embraces all our stakeholders. We rely on the continued and combined support of our Unitholders, SAFE RETURNS business partners, tenants, shoppers and employees to achieve this vision and, in return, share with them the fruits of CapitaMall Trust our success. Report to Unitholders 2011 Mission To deliver stable distributions and sustainable total returns to Unitholders. Contents 01 Corporate Profile Safety in Track Record 04 Financial Highlights 06 Letter to Unitholders 14 Year in Brief 16 Operations Review 24 Financial Review 30 Risk & Capital Management 35 Unit Price Performance Safety in Retail 40 Growth Strategies 42 Independent Retail Market Overview 48 Singapore REIT Sector 49 Marketing & Promotions Safety in Expertise 54 Trust Structure 55 Organisation Structure 56 Board of Directors 63 Present Directorships 67 Trust Management Team 69 Property Management Team Safety in Relationships 72 Sustainability 72 Environment 75 People & Community 78 Corporate Governance 92 Investor & Media Relations Singapore's First 94 Meeting Our Tenants 96 Meeting Our Shoppers and Largest REIT Safety in Portfolio 100 Portfolio at a Glance 102 Portfolio Summary 104 Portfolio Details 136 Development Property 138 CapitaRetail China Trust Safety in Numbers 141 Financial Statements 212 Unitholders’ Statistics 214 Interested Person Transactions Others 215 Notice of Annual General Meeting 218 Mall Directory 219 Corporate Information 220 Glossary Corporate Profile CapitaMall Trust (CMT) is the first Real Estate Investment Trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) in July 2002. CMT is also the largest REIT by market capitalisation and asset size in Singapore, with a market capitalisation and asset size of approximately S$5.7 billion and S$9.2 billion respectively as at 31 December 2011.
    [Show full text]
  • List of Public CD Shelters As of 31 Dec 2019.Xlsx
    NO NAME DESCRIPTION ADDRESS POSTAL CODE 1 Telok Blangah CC Civil Defence Public Shelter (Community Club/Centre) 450 Telok Blangah Street 31 108943 2 Ulu Pandan CC Civil Defence Public Shelter (Community Club/Centre) 170 Ghim Moh Road 279621 3 Toa Payoh West CC Civil Defence Public Shelter (Community Club/Centre) 200 Lorong 2 Toa Payoh 319642 4 Marine Parade CC Civil Defence Public Shelter (Community Club/Centre) 278 Marine Parade Road 449282 5 Pasir Ris Elias CC Civil Defence Public Shelter (Community Club/Centre) 93 Pasir Ris Drive 3 519498 6 Tampines West CC Civil Defence Public Shelter (Community Club/Centre) 10 Tampines Street 81 529014 7 Tampines East CC Civil Defence Public Shelter (Community Club/Centre) 10 Tampines Street 23 529341 8 Punggol CC Civil Defence Public Shelter (Community Club/Centre) 3 Hougang Ave 6 538808 9 Teck Ghee CC Civil Defence Public Shelter (Community Club/Centre) 861Singapore Ang Mo 538808 Kio Ave 10 569734 10 Ang Mo Kio CC Civil Defence Public Shelter (Community Club/Centre) 795Singapore Ang Mo 569734 Kio Ave 1 569976 11 Bishan CC Civil Defence Public Shelter (Community Club/Centre) 51 Bishan Street 13 579799 12 Nanyang CC Civil Defence Public Shelter (Community Club/Centre) 60 Jurong West Street 91 649040 13 Jurong Green CC Civil Defence Public Shelter (Community Club/Centre) 6Singapore Jurong West 649040 Ave 1 649520 14 Hong Kah North CC Civil Defence Public Shelter (Community Club/Centre) 30 Bukit Batok Street 31 659440 15 Bukit Batok CC Civil Defence Public Shelter (Community Club/Centre) 21 Bukit Batok
    [Show full text]
  • BCA Green Mark Awards 2015
    BCA Green Mark ADVISORY COMMITTEE Chairman Members Mr. Lee Chuan Seng Mr. Tang Kok Thye Mr. Vincent Low Mr. Tony Tay Emeritus Chairman ADDP ARCHITECTS LLP G-ENERGY GLOBAL PTE LTD PARSONS BRINCKERHOFF PTE LTD BECA CARTER HOLLINGS & FERNER (S.E. Asia) Pte Ltd Mr. Chin Chi Leong Mr. Johnny Wong Mr. Kenneth Foo BUILDING AND CONSTRUCTION HOUSING AND DEVELOPMENT RAFFLES QUAY ASSET AUTHORITY BOARD MANAGEMENT PTE LTD Deputy Chairmen Mr. Tan Tian Chong Mr. Lim Tow Fok Mr. Theodore Chan Mr. Lam Siew Wah BUILDING AND CONSTRUCTION KEPPEL LAND LIMITED SINGAPORE INSTITUTE OF Deputy CEO (Industry Development) AUTHORITY ARCHITECTS BUILDING & CONSTRUCTION AUTHORITY A/Prof Raymond Wong Mr. Poon Hin Kong NANYANG TECHNOLOGICAL Mr Vincent Han Prof. Heng Chye Kiang CAPITALAND LIMITED UNIVERSITY VINCENT HAN & ASSOCIATES Professor NATIONAL UNIVERSITY OF SINGAPORE Mr. Allen Ang Mr. Ram Bhaskar CITY DEVELOPMENTS LIMITED NATIONAL ENVIRONMENT AGENCY Mr. Lim Fatt Seng A/Prof Lee Siew Eang COMFORT MANAGEMENT PTE NATIONAL UNIVERSITY OF LTD SINGAPORE Contents BCA GREEN MARK CHAMPION AWARD Mapletree Investments Pte Ltd 22 BCA GREEN MARK PEARL AWARD City House: Pearl Prestige 24 DNV GL Technology Centre: Pearl 25 Manulife Centre: Pearl 26 Marina Bay Financial Centre Tower 3: Pearl 27 ONE @ Changi City: Pearl 28 Tampines Grande: Pearl 29 3 Contents BCA GREEN MARK AWARD FOR BUILDINGS 3 Pioneer Sector 3 (Block 2) 131 51 Cuppage Road 131 7 & 9 Tampines Grande (2nd Re-Certification) 75 88 International Road 134 11 Tampines Concourse (2nd Re-Certification) 97 321Clementi 31
    [Show full text]
  • Building Real Estate of the Future
    BUILDING REAL ESTATE OF THE FUTURE CapitaLand Limited Annual Report 2016 Vision Core Values To be a leading global enterprise that enriches people and Respect: We believe in mutual trust and respect at all levels. communities through high-quality real estate products and This is fundamental to a high-performance culture that services. embraces diversity and teamwork as One CapitaLand. Integrity: We embrace the highest standards of integrity. Mission We have the courage to do what is right, and earn the trust of all our stakeholders. Customers: We create great customer value and experiences through high-quality products and services. Creativity: We constantly innovate to enhance value and stay ahead. People: We develop high-performing people and teams through rewarding opportunities. Excellence: We pursue excellence and persevere in everything we do. Investors: We deliver sustainable shareholder returns and build a strong global network of capital partners. Communities: We care for and contribute to the economic, environmental and social development of communities. D1MENSION, Ho Chi Minh City, Vietnam BUILDING REAL ESTATE OF THE FUTURE A leading real estate developer in Asia, CapitaLand remains focused on delivering quality developments that enrich people and build communities. Leveraging our deep expertise and vast scale, we have established a global footprint in developed and emerging markets, with a diversified portfolio spanning integrated developments, shopping malls, serviced residences, offices and homes. Our commitment to excellence
    [Show full text]
  • Annual Report 2018 Our Vision
    LEADING REAL ESTATE SERVICES PROVIDER OPERATING A MARKET-LEADING REAL ESTATE BROKERAGE IN SINGAPORE ANNUAL REPORT 2018 OUR VISION To be the real estate company of choice for clients and real estate salespersons. OUR MISSION We are committed to be 1st in service, 1st in results and 1st in customer satisfaction. To equip ERA salespersons with innovative tools and training. Clients will have total confidence that they are dealing with ERA real estate professionals expressing the highest level of service and integrity. 2018 Awards and Accolades MCC Land (Singapore) Grand winner of Top Selling Agency (5th consecutive year - 2018) Singapore Corporate Awards Best Investor Relations (First-Year Listed Companies) SBR Listed Companies Awards Winner of the Real Estate Category Influential Brands Top Property Agency Award CONTENTS 01 Corporate Profile 20 Operating and Financial Review 03 Our Business 24 Sustainability Report 05 Corporate Structure 37 Corporate Information 06 Developments During the Year 38 Corporate Governance 08 Financial Highlights 51 Financial Statements 10 Joint Statement By Chairman and CEO 120 Statistics of Shareholders 12 Board of Directors 122 Notice of AGM 13 Additional Information On Directors 127 Proxy Form Seeking Re-Election 17 Management Team Corporate Profile PAC Realty Limited (“APAC Realty”, the “Company” or ERA Realty is one of the largest ERA Member Brokers Atogether with its subsidiaries, the “Group”) is a leading globally by transaction value, and is also one of Singapore’s real estate services provider in Asia. The Group operates largest real estate agencies with 6,660 agents registered as three main business segments – real estate brokerage at 28 February 2019.
    [Show full text]
  • NO DESCRIPTION NAME ADDRESS POSTAL CODE 1 Civil Defence
    NO DESCRIPTION NAME ADDRESS POSTAL CODE 1 Civil Defence Public Shelter (Community Club/Centre) Telok Blangah CC 450 Telok Blangah Street 31Singapore 108943 108943 2 Civil Defence Public Shelter (Community Club/Centre) Ulu Pandan CC 170 Ghim Moh Road 279621 3 Civil Defence Public Shelter (Community Club/Centre) Toa Payoh West CC 200 Lorong 2 Toa PayohSingapore 319642 319642 4 Civil Defence Public Shelter (Community Club/Centre) Marine Parade CC 278 Marine Parade RoadSingapore 449282 449282 5 Civil Defence Public Shelter (Community Club/Centre) Pasir Ris Elias CC 93 Pasir Ris Drive 3 Singapore 519489 519498 6 Civil Defence Public Shelter (Community Club/Centre) Tampines West CC 10 Tampines Street 81 Singapore 529014 529014 7 Civil Defence Public Shelter (Community Club/Centre) Tampines East CC 10 Tampines Street 23Singapore 529341 529341 8 Civil Defence Public Shelter (Community Club/Centre) Punggol CC 3 Hougang Ave 6Singapore 538808 538808 9 Civil Defence Public Shelter (Community Club/Centre) Teck Ghee CC 861 Ang Mo Kio Ave 10Singapore 569734 569734 10 Civil Defence Public Shelter (Community Club/Centre) Ang Mo Kio CC 795 Ang Mo Kio Ave 1Singapore 569976 569976 11 Civil Defence Public Shelter (Community Club/Centre) Bishan CC 51 Bishan Street 13Singapore 579799 579799 12 Civil Defence Public Shelter (Community Club/Centre) Nanyang CC 60 Jurong West Street 91Singapore 649040 649040 13 Civil Defence Public Shelter (Community Club/Centre) Jurong Green CC 6 Jurong West Ave 1Singapore 649520 649520 14 Civil Defence Public Shelter (Community
    [Show full text]
  • Annual Report 2020 / 1
    Waterway Point ANNUAL REPORT 2020 / 1 AGILITY & TENACITY At Frasers Centrepoint Trust, we believe having the right focus, relevant scale, and local expertise are critical success factors for retail real estate. This will give us a sustained competitive advantage, while placing us in a stronger position to deliver long-term unitholder value. As we navigate through a volatile, uncertain, complex and ambiguous operating environment, we must be agile and tenacious as an organisation to be able to sustain over the long term. In the face of adversity, we are investing with agility to strengthen our organisational culture and structure, ensuring quality and consistent systems and processes across our businesses. We demonstrate tenacity by strengthening FCT’s well-diversified portfolio with earnings underpinned by a resilient base of retail properties generating recurring income. We will continue to evolve, reinvent and thrive as a Retail REIT in the post COVID-19 world, as we remain committed to sustainable value creation and delivering steady returns for our stakeholders. CONTENTS Overview Asset Portfolio 02 About Frasers Centrepoint Trust 50 FCT Portfolio Overview 03 Structure of FCT and Organisation 52 Causeway Point Structure of the Manager 54 Northpoint City North Wing and Yishun 10 04 Business Objectives and Growth Strategies Retail Podium 05 FY2020 Highlights 56 Waterway Point 06 Key Events 58 Changi City Point 08 5-Year Performance at a Glance 60 Bedok Point 10 Unit Price Performance 62 YewTee Point 12 Letter to Unitholders 64 Anchorpoint
    [Show full text]