CapitaLand Integrated Commercial Trust - Annual Report 2023

TRADE MIX7 (%) 101-103 MILLER STREET AND GREENWOOD PLAZA 101-103 Miller Street and Greenwood Plaza is an iconic integrated development comprising a 28-storey Premium Grade office tower, a 2-storey office building and a 3-storey retail centre. The retail centre offers high quality urban retailing and convenience options to the North Sydney workforce, resident and student populations. Strategically located in the North Sydney CBD, the integrated development is directly connected to North Sydney Train Station and located in close proximity to the upcoming Victoria Cross Metro. LEASE EXPIRY PROFILE7 (%) 2024 2025 2026 2027 2028 2029 and beyond 1 Includes an A$7.0 million rental guarantee (RG) granted by the vendor. The RG amount was deducted from the purchase consideration and does not have an effect on distributions of CICT as no distributions were made on the RG amount. 2 Only 101 Miller Street is rated. 103 Miller Street is exempted from certification while Greenwood Plaza is currently under review for a green rating. 3 Based on an exchange rate of A$1 to S$0.903 as at 31 December 2022 and A$1 to S$0.902 as at 31 December 2023. 4 Completion of the acquisition was 21 June 2022. 5 Gross revenue comprises GRI, car park income and other income for the respective financial year. 6 Based on GRI for the month of December 2023 and excludes gross turnover rent. 7 As at 31 December 2023, based on committed GRI and excludes gross turnover rent. 8 Other Retail trade category includes: Beauty & Health (0.9%), IT, Media and Telecommunications (0.7%), Electrical & Electronics (0.7%), Shoes & Bags (0.4%), Services (0.3%), Books & Stationery (0.3%) and Gifts & Souvenirs (0.3%). As at 31 December (100% basis) 2022 2023 Net Lettable Area (sq ft) Total Retail Office 499,406 96,047 403,359 498,238 96,040 402,198 Number of Tenants 77 82 Committed Occupancy (%) 91.5 91.7 (50.0% basis) Valuation (A$ million) 398.0 361.5 Valuation3 (S$ million) 359.3 326.1 Gross Revenue4,5 (S$ million) 12.6 26.1 Property Information Address 101 - 103 Miller Street & 36 Blue Street, North Sydney, New South Wales Land Tenure Freehold Co-Owners' Interests CICT: 50.0% Mirvac: 50.0% Purchase Price in 2022 A$422.0 million1 Carpark Lots 525 Bicycle Lots 170 Green Ratings2 • 5 Star NABERS Energy • 4.5 Star NABERS Water Top 5 Tenants6 1 Commonwealth of Australia represented by the Attorney General’s Department 2 Allianz Australia Services Pty Limited 3 Chubb Insurance Australia Limited 4 Helia Insurance Pty Limited 5 Work Club Miller Street Services Pty Ltd Insurance 24.7 Government 24.4 Financial Services 14.1 Food & Beverage 11.0 Real Estate & Property Services 5.7 Supermarket 3.7 Travel & Hospitality 3.0 Business Consultancy 2.9 Manufacturing & Distribution 2.7 Fashion 2.4 Services 1.8 Other Retail8 3.6 5.5 4.9 4.5 0.7 11.8 24.4 1.2 0.4 4.3 10.4 25.6 6.3 Retail Office Overview Leadership Performance Framework Other Information ANNUAL REPORT 2023 91

RkJQdWJsaXNoZXIy NTkwNzg=