CAPITASPRING Completed inNovember 2021, the 280-metre integrated development, CapitaSpring, offers work, live, play spaces in a vertically connected environment. Between the premiumGrade 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 over four storeys of lush greenery and trees, the GreenOasis offers a re-connectionwith nature in the middle of the city. Featuring an iconic façade and harnessing the latest workplace and lifestyle innovations, the integrated development redefines 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 are included in the development. 1 Gross revenue comprises GRI, car park income and other income for the respective financial year. 2 Based on GRI for the month of December 2023 and excludes gross turnover rent. 3 As at 31 December 2023, based on committed GRI and excludes gross turnover rent. TRADE MIX3 (%) LEASE EXPIRY PROFILE3 (%) 2024 0.9 2025 11.7 2026 7.0 2027 39.7 2028 2029 and beyond 13.9 26.8 As at 31 December (100% basis) 2022 2023 Valuation (S$ million) 2,041.0 2,042.0 Gross Floor Area (sq ft) 1,004,818 1,004,818 Net Lettable Area (sq ft) 673,247 673,296 Number of Tenants 33 34 Committed Occupancy (%) 99.9 100 (45.0% basis) Gross Revenue1 (S$ million) 48.2 57.2 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 345 Bicycle Lots 165 Green Ratings • BCA Green Mark Platinum • BCA Universal Design Mark GoldPLUS (Design) Top 5 Tenants2 1 JPMorgan Chase Bank, N.A. 2 MillenniumCapital Management (Singapore) Pte. Ltd. 3 SumitomoMitsui BankingCorporation SingaporeBranch 4 Red Hat Asia Pacific Pte. Ltd. 5 Squarepoint Operations Private Limited Financial Services 33.2 Banking 32.3 IT, Media & Telecommunications 10.9 Real Estate & Property Services 9.8 Legal 5.4 Energy & Commodities 4.2 Food & Beverage 2.4 Maritime & Logistics 1.1 Travel & Hospitality 0.7 86 CAPITALAND INTEGRATED COMMERCIAL TRUST PROPERTY DETAILS
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