Light Industrial Properties
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| 21 Ubi Road 1 |
Singapore 408724 |
| Lettable Area |
18,838.0 square metres |
| Tenant Name |
Nidec Brilliant Co., Ltd. |
| Land Lease Expiry/Ritle |
2057/Leasehold estate
of 30 years + 30 years w.e.f. 1 February 1997 |
| Valuation |
S$25,700,000 |
| Purchase Consideration |
S$25,000,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$2.3 million |
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| 136 Joo Seng Road |
Singapore 368360 |
| Lettable Area |
9,413.0 sq m |
| Tenant Name |
Nidec Brilliant Co., Ltd. |
| Land lease expiry/title |
2050/Leasehold estate of 30 years + 30 years w.e.f. 1 October 1990 |
| Valuation |
$13,000,000 |
| Purchase Consideration |
$10,310,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
100.0% |
| Gross FY2009 Rental Income |
S$1.0 million |
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| CSE Global Building |
2 Ubi View
Singapore 408556 |
| Lettable Area |
4,055.6 square metres |
| Tenant Name |
CSE Global Limited |
| Land Lease Expiry/Title |
2059/Leasehold estate
of 60 years w.e.f. 4 January 1999 |
| Valuation |
S$8,100,000 |
| Purchase Consideration |
S$7,500,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$0.6 million |
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| MI Building |
11 Serangoon North Avenue 5, Singapore 554809 |
| Lettable Area |
13,621.4 square metres |
| Tenant Name |
MI Technologies Pte Ltd |
| Land Lease Expiry/Title |
2057/Leasehold estate
of 30 years + 30 years w.e.f. 16 April 1997 |
| Valuation |
S$14,600,000 |
| Purchase Consideration |
S$14,000,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.4 million |
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| 130 Joo Seng Road |
Singapore 368357 |
| Lettable Area |
8,384.6 square metres |
| Tenant Name |
Multi-tenanted |
| Land Lease Expiry/Title |
2051/Leasehold estate
of 30 years + 30 years w.e.f. 1 December 1991 |
| Valuation |
S$10,000,000 |
| Purchase Consideration |
$12,000,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
99.2 percent |
| Gross FY2009 Rental Income |
S$1.2 million |
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| Panasonic Building |
2 Jalan Kilang Barat
Singapore 159346 |
| Lettable Area |
7,678.6 square metres |
| Tenant Name |
S C Merah Pte Ltd |
| Land Lease Expiry/Title |
2062/Leasehold estate
of 99 years w.e.f. 1 July 1963 |
| Valuation |
S$21,100,000 |
| Purchase Consideration |
S$20,000,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.6 million |
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| MEC TechnoCentre |
87 Defu Lane 10
Singapore 539219 |
| Lettable Area |
9,365.2 square metres |
| Tenant Name |
The Excalibur Corporation Pte Ltd |
| Land Lease Expiry/Title |
2050/Leasehold estate
of 30 years + 30 years w.e.f. 1 November 1990 |
| Valuation |
S$13,100,000 |
| Purchase Consideration |
$13,064,000 |
| Acquisition Date |
25 July 2006 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.0 million |
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| Mintwell Building |
55 Ubi Avenue 3
Singapore 408864 |
| Lettable Area |
13,111.9 square metres |
| Tenant Name |
Mintwell Industry Pte Ltd |
| Land lease expiry/title |
2056/Leasehold estate
of 30 years + 30 years w.e.f. 1 July 1996 |
| Valuation |
S$18,300,000 |
| Purchase Consideration |
S$18,800,000 |
| Acquisition Date |
27 February 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.4 million |
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| Armorcoat International Building |
361 Ubi Road 3, Singapore 408664 |
| Lettable Area |
8,997.0 square metres |
| Tenant Name |
Chartered World Academy Pte Ltd
and Armorcoat International Pte Ltd |
| Land Lease Expiry/Title |
2057/Leasehold estate
of 30 years + 30 years w.e.f. 1 February 1997 |
| Valuation |
S$16,400,000 |
| Purchase Consideration |
$18,000,000 |
| Acquisition Date |
8 June 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.6 million |
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| Lam Soon Industrial Building |
63 Hillview Avenue
Singapore 669569 |
| Lettable Area |
35,537.0 square metres
(inclusive of void area of 8,008.0 square metres) |
| Tenant Name |
Lam Soon Realty (Pte) Ltd |
| Land Lease Expiry/Title |
Freehold |
| Valuation |
S$76,700,000 |
| Purchase Consideration |
$72,200,000 |
| Acquisition Date |
29 March 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$5.2 million |
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| DP Computers Building |
128 Joo Seng Road
Singapore 368356 |
| Lettable Area |
8,626.0 square metres |
| Tenant Name |
Seng Huat Packaging Pte Ltd
and DP Computers Pte Ltd |
| Land Lease Expiry/Title |
2052/Leasehold estate
of 30 years + 30 years w.e.f. 1 May 1992 |
| Valuation |
S$10,400,000 |
| Purchase Consideration |
$10,000,000 |
| Acquisition Date |
25 June 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.0 million |
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| 9 Bukit Batok Street 22 |
Singapore 659585 |
| Lettable Area |
14,666.0 square metres |
| Tenant Name |
Ascender Investment Pte Ltd |
| Land Lease Expiry/Title |
2053/Leasehold estate
of 30 years + 30 years w.e.f. 1 February 1993 |
| Valuation |
S$19,600,000 |
| Purchase Consideration |
S$18,300,000 |
| Acquisition Date |
25 October 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$1.8 million |
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| Enterprise Hub |
48 Toh Guan Road East, Singapore 608586 |
| Lettable Area |
30,693.0 square metres* |
| Tenant Name |
Soon Lee Realty Ltd |
| Land Lease Expiry/Title |
2057/Leasehold estate
of 60 years w.e.f. 1 December 1997 |
| Valuation |
S$70,800,000 |
| Purchase Consideration |
S$71,000,000 |
| Acquisition Date |
31 October 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$5.1 million |
| * 6 strata units were divested as at 31 December 2009 |
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| Natural Cool Building |
81 Defu Lane 10, Singapore 539217 |
| Lettable Area |
4,203.1 square metres |
| Tenant Name |
Natural Cool Airconditioning &
Engineering Pte Ltd |
| Land Lease Expiry/Title |
2050/Leasehold estate
of 30 years + 30 years w.e.f. 1 December 1990 |
| Valuation |
S$5,200,000 |
| Purchase Consideration |
S$5,000,000 |
| Acquisition Date |
15 November 2007 |
| Occupancy Rate |
100 percent |
| Gross FY2009 Rental Income |
S$0.4 million |
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