Page 32-33 - ar2011

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Notes:
1
Starhill Gallery and Lot 10 Property were acquired on 28 June 2010 and based on the exchange rate of RM2.32:S$1 at acquisition.
2
Based on the exchange rate of RM2.45:S$1 at 31 December 2011.
3
Renhe Spring Zongbei Property was acquired on 28 August 2007 and based on the exchange rate of RMB4.96:S$1 at acquisition.
4
Based on the exchange rate of RMB4.85:S$1 at 31 December 2011.
5
David Jones Building was acquired on 20 January 2010 and based on the exchange rate of A$0.79:S$1 at acquisition.
6
Based on the exchange rate of A$0.76:S$1 at 31 December 2011.
7
Roppongi Primo, Roppongi Terzo, Holon L, Harajyuku Secondo, Daikanyama and Nakameguro were acquired on 30 May 2007 while Ebisu Fort
was acquired on 26 September 2007 and based on the exchange rate of JPY79.97:S$1 at acquisition.
8
Based on the exchange rate of JPY59.70:S$1 at 31 December 2011.
Property Highlights
NAME
ADDRESS
DESCRIPTION
NLA
(SQ FT)
TITLE
NUMBER OF
TENANTS
PURCHASE
PRICE
MARKET
VALUATION
COMMITTED
OCCUPANCY
MAJOR TENANTS
FY 2011
REVENUE
FY 2011
NPI
(as at 31 Dec 2011)
(as at 31 Dec 2011)
(as at 31 Dec 2011) (S$ million)
(as at 31 Dec 2011)
(as at 31 Dec 2011)
(S$ million)
(S$ million)
Wisma Atria Property 435 Orchard Road,
Singapore 238877
257 strata lots in Wisma Atria
representing 74.23% of the
total share value of the strata
lots in Wisma Atria
Retail: 127,454
Office: 98,889
Remaining
leasehold estate
of 49.25 years,
expiring on
31 March 2061
128
663.0
878.0
Retail: 94.8%
Office: 95.8%
FJ Benjamin Lifestyle Pte. Ltd.,
Cotton On Singapore Pte. Ltd.,
Food Republic Pte. Ltd.,
Charles & Keith Group
54.6
40.8
Ngee Ann City Property 391/391B Orchard Road,
Singapore 238874
4 strata lots in Ngee Ann
City representing 27.23%
of the total share value of the
strata lots in Ngee Ann City
Retail: 255,021
Office: 139,165
Remaining
leasehold estate
of 60.25 years,
expiring on
31 March 2072
52
640.0
982.0
Retail: 100.0%
Office: 94.9%
Toshin Development Singapore
Pte. Ltd. (master tenant),
DBS Bank Ltd., Statoil Asia
Pacific Pte Ltd
54.7
44.1
Starhill Gallery
1
181 Jalan Bukit Bintang,
55100 Kuala Lumpur,
Malaysia
Shopping centre comprising
part of a seven-storey building
with five basements and a
12-storey annex building with
three basements
306,113*
Freehold
1
271.3
1
275.5
2
100.0%
Katagreen Development
Sdn Bhd (master tenant)
18.9
18.4
Lot 10 Property
1
50 Jalan Sultan Ismail,
50250 Kuala Lumpur,
Malaysia
137 strata parcels and two
accessory parcels within
Lot 10 shopping centre
256,811*
Remaining
leasehold estate
of 64.58 years,
expiring on
29 July 2076
1
173.0
1
166.4
2
100.0%
Katagreen Development
Sdn Bhd (master tenant)
11.9
11.6
Renhe Spring
Zongbei Property
3
No. 19, Renminnan Road,
Chengdu, China
A four-storey plus mezzanine
level retail podium forming
part of a mixed use
commercial development
100,854 (GFA)
Remaining
leasehold estate
of 24 years,
expiring on
27 December 2035
93
70.6
3
89.5
4
100.0%
Alfred Dunhill (Shanghai) Trading
Company Limited,
Bally (Shanghai) Commercial
Co., Ltd., Hugo Boss China
Retail Co., Ltd., Zegna Trading
(Shanghai) Co., Ltd.
17.7
10.8
David Jones
Building
5
622-646 Hay Street Mall,
Perth, Western Australia
Four-storey building for
retail use
259,154 (GLA)
Freehold
7
145.7
5
153.0
6
100.0%
David Jones Limited, The
Merchant Master Franchisor
(Aust), Jeanswest Corporation
Pty Ltd, Pandora Property
Leasing Pty Limited, Betts Group
Pty Ltd
14.7
12.3
Ebisu Fort
7
1-24-2 Ebisu Minami,
Shibuya-ku,
Tokyo, Japan
Seven-storey building for
office and retail use
18,816*
Freehold
6
71.3
7
56.3
8
100.0%
Lime Members Co., Ltd.,
Defence Associates Co., Ltd.,
Non Pi Co., Ltd., Style Create
Co., Ltd., Plug-In Co., Ltd.
1.8
1.1
Roppongi Primo
7
7-5-9 Roppongi,
Minato-ku,
Tokyo, Japan
Eight-storey building for
office and retail use
5,072*
Freehold
6
13.8
7
12.9
8
76.5%
Fine Cube Co., Ltd., Bloom
Co., Ltd., Kajiyama Yoshie,
Altex Asia K.K.
0.5
0.2
Roppongi Terzo
7
7-13-7 Roppongi,
Minato-ku,
Tokyo, Japan
Five-storey building for F&B
and entertainment use
14,451
Freehold
1
38.9
7
45.9
8
100.0%
Feria Tokyo Co., Ltd.
2.6
2.1
Holon L
7
3-12-13 Kita Aoyama,
Minato-ku,
Tokyo, Japan
Three-storey building for
retail use
5,047
Freehold
3
20.4
7
17.4
8
100.0%
Alberobello Co., Ltd.,
Fujimaru G.K., Plaisir Inc.
0.9
0.7
Harajyuku Secondo
7
1-19-1 Jingumae,
Shibuya-ku,
Tokyo, Japan
Three-storey building for
retail use
2,249
Freehold
2
6.1
7
5.3
8
100.0%
I-care Japan Co., Ltd.,
Roco Nails Co., Ltd.
0.3
0.2
Daikanyama
7
1-31-12, Ebisu-Nishi,
Shibuya-ku,
Tokyo, Japan
Three-storey building for
retail and F&B use
8,087
Freehold
5
22.8
7
20.1
8
100.0%
Good Design Company
Co., Ltd., Agape Co., Ltd.,
Zweisel Japan Co., Ltd.,
Human’s Brain Co., Ltd.,
Cholon Y.K.
1.1
0.9
Nakameguro
7
1-20-2 Aobadai,
Meguro-ku,
Tokyo, Japan
Four-storey building
for retail use
3,526
Freehold
3
7.1
7
7.4
8
74.3%
LDH apparel Inc.,
Ad Universe Co., Ltd.,
Hataya Kazuhito
0.4
0.3
*
Largely retail with a small office component.
30 Starhill Global REIT Annual Report 2011
Starhill Global REIT Annual Report 2011 31