Page 14 - ar2012

CDL Hospitality TrustS
12
Remaining Purchase
No. of Term of Date of Price in Valuation
Rooms Title Land Lease Acquisition millions in millions (1) Vendor
Singapore
Orchard Hotel 656 19 Jul 2006 S$330.1 S$454.0 City Hotels Pte. Ltd.
Grand Copthorne 574 19 Jul 2006 S$234.1 S$350.0 City Developments
Waterfront Hotel 69 years Limited
M Hotel 413 19 Jul 2006 S$161.5 S$232.0 Harbour View Hotel
Pte. Ltd.
Copthorne 310 99-year leasehold 54 years 19 Jul 2006 S$86.1 S$124.4 Republic Hotels &
King’s Hotel interest commencing Resorts Limited
1 February 1968
Studio M Hotel 360 99-year leasehold 93 years 3 May 2011 S$154.0 S$163.0 Republic Iconic Hotel
interest commencing Pte. Ltd.
26 February 2007
Novotel 403 97 years and 30 days 64 years 7 Jun 2007 S$201.0 S$304.0 Lehman Brothers
Singapore leasehold interest Real Estate
Clarke Quay commencing Partners II L.P. and
2 April 1980 afliated partnerships
Orchard Hotel N.A. 75-year leasehold 69 years 19 Jul 2006 S$34.5 S$68.0 City Hotels Pte. Ltd.
Shopping Arcade interest commencing
19 July 2006
New Zealand
Rendezvous 452 Freehold – 19 Dec 2006 NZ$113.0 NZ$88.0 Abacus Funds
Grand Hotel Management
Auckland Limited as trustee of
Abacus NZ
Holdings Trust
Australia
Novotel Brisbane 296 Strata Volumetric – 18 Feb 2010 A$63.5 A$72.0
Freehold
Mercure Brisbane 194 Freehold – 18 Feb 2010
Ibis Brisbane 218 Freehold – 18 Feb 2010
Mercure Perth 239 Strata Freehold – 18 Feb 2010 A$36.2 A$44.0
Ibis Perth 192 Freehold – 18 Feb 2010 A$21.6 A$28.0
Maldives
Angsana Velavaru 113 50-year leasehold 35 years 31 Jan 2013 US$71.0 US$72.5 Maldives Bay
interest commencing Pvt Ltd
26 August 1997
PORTFOLIO SUMMARY
OF H-REIT
KEY PROPERTY DETAILS
Summary details of H-REIT’s properties are as follows:
Tourism Asset
Holdings
Limited
A$62.0
(1) All the properties were valued as at 31 December 2012, with the exception of Angsana Velavaru, which was valued as at 16 November 2012.
s
75-year leasehold
interest commencing
19 July 2006
A$53.7