CapitaLand Integrated Commercial Trust - Annual Report 2024

139 Annual Report 2024 5 INVESTMENT PROPERTIES (continued) Significant unobservable inputs (continued) Valuation technique Significant unobservable inputs Inter-relationship between key unobservable inputs and fair value measurement Discounted cash flow method Discount rate Group Singapore Retail 2024: 7.00% to 7.25% (2023: 7.00% to 7.75%) Integrated Developments 2024: 6.75% to 7.25% (2023: 6.75% to 7.25%) Office 2024: 6.50% to 6.75% (2023: 6.50% to 6.75%) Germany Office 2024: 5.10% to 7.00% (2023: 5.10% to 7.25%) Australia Integrated Developments 2024: 7.38% (2023: 6.50% to 7.25%) Office 2024: 7.75% to 7.88% (2023: 6.75% to 6.88%) The estimated fair value would increase/(decrease) if the discount rates were lower/(higher). Terminal yield rate Group Singapore Retail 2024: 4.75% to 7.25% (2023: 4.60% to 7.25%) Integrated Developments 2024: 3.75% to 5.10% (2023: 3.80% to 5.10%) Office 2024: 3.15% to 4.00% (2023: 3.45% to 4.00%) Germany Office 2024: 4.60% to 5.45% (2023: 4.60% to 5.75%) Australia Integrated Developments 2024: 6.75% (2023: 5.75% to 6.75%) Office 2024: 7.25% to 7.63% (2023: 6.25% to 6.50%) The estimated fair value would increase/(decrease) if the terminal yield rates were lower/(higher).

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