CapitaLand Integrated Commercial Trust - Annual Report 2021

PROPERTY INFORMATION Address 86 & 88 Market Street Land Tenure Leasehold tenure of 99 years with effect from 1 February 1982 Joint Venture Partners’ Interests CICT: 45.0% CapitaLand: 45.0% Mitsubishi Estate Co., Ltd.: 10.0% Project Development Estimate S$1,820.0 million Carpark Lots 350 (inclusive of family and green lots) Bicycle Lots 165 Awards • BCA Universal Design Mark Gold PLUS (Design) (2018) • BCAGreenMark Platinum (2018) As at 31 December 2020 2021 Valuation (S$ million) 1,037.0 1 1,940.0 2 Gross Floor Area (sq ft) 1,005,000 1,004,818 Net Lettable Area (sq ft) 647,000 673,387 Number of Tenants - 24 Committed Occupancy (%) 38.0 (as at 19 Jan 2021) 91.5 3 1 Development was under construction in 2020. 2 Achieved TOP in November 2021. As such, the development was valued as an operating asset on a completed basis. 3 As at 9 February 2022, the committed occupancy was about 93%. CAPITASPRING The new integrated development will offer work, live, play spaces in a vertically connected environment. Between the premium Grade A office floors and the modern 299-unit serviced residences is a Green Oasis with a height of more than 35 metres. Designed with social and activity spaces spread out over four storeys of lush greenery and trees, the Green Oasis offers a re-connection with nature in the middle of the city. Featuring an iconic façade and harnessing the latest workplace and lifestyle innovations, the new integrated development will redefine Singapore’s city skyline. In support of the government’s drive toward a car-lite society and to promote healthy living, a cycling path, bicycle lots and end-of-trip facilities will be included in the development. LEASE EXPIRY PROFILE 5 (%) 2027 and beyond 2025 2023 2026 2024 2022 0.3 0.0 0.0 7.1 7.1 85.5 TRADE MIX 4 (%) Banking 36.2 Financial Services 26.7 IT, Media & Telecommunications 11.3 Real Estate & Property Services 11.0 Legal 6.0 Energy & Commodities 4.7 Food & Beverage 2.0 Maritime & Logistics 1.3 Travel and Hospitality 0.8 4 Based on committed gross rental income as at 31 December 2021. 5 As at 31 December 2021, based on committed gross rental income and excludes gross turnover rent. TOP 5 TENANTS 4 1 JPMorgan Chase Bank, N.A. 2 MillenniumCapitalManagement (Singapore) Pte. Ltd 3 SumitomoMitsui BankingCorporationSingaporeBranch 4 Red Hat Asia Pacific Pte. Ltd. 5 Squarepoint Operations Private Limited Annual Report 2021 93 Property Details