Operations Review Business Sectors of New Leases Signed in 2024 New Lease Trade Categories NLA (sq ft) Singapore Germany Australia % of Total New Leases Banking, Insurance & Financial Services 84,375 409,710 1,528 70.1% Distribution & Trading 14,767 41,410 10,180 9.4% Logistics & Supply Chain Management 31,595 – – 4.5% IT & Telecommunications 27,712 – – 3.9% Energy & Natural Resources 18,483 – – 2.6% Leisure & Entertainment – 17,750 2.5% Engineering 1,640 – 14,860 2.3% Business Consultancy 1,141 – 12,535 2.0% Real Estate & Property Services 12,035 – – 1.7% Chemical – 4,436 – 0.6% Services – – 2,812 0.4% 191,748 473,306 41,915 100% Office: Positive Rent Reversions The Singapore office portfolio achieved a positive rent reversion of 11.1% for FY 2024, surpassing market rent growth. The average monthly rent for Singapore office properties increased to S$10.73 psf compared to S$10.49 psf a year ago. This rise was largely driven by higher signing rents achieved in FY 2024. Office: Expiry Profiles of Grade A Office Properties1 as a Percentage of Office Portfolio 2025 2026 2027 % of Expiring Lease Monthly Average Expiring Gross Rent (S$ psf) % of Expiring Lease Monthly Average Expiring Gross Rent (S$ psf) % of Expiring Lease Monthly Average Expiring Gross Rent (S$ psf) Asia Square Tower 2 1.9 12.03 1.9 12.19 2.6 11.87 Capital Tower 1.0 10.45 0.6 9.20 0.3 9.69 CapitaGreen 2.3 11.84 2.8 11.33 3.3 12.05 CapitaSky 0.4 11.22 1.4 11.84 3.4 10.92 CapitaSpring 0.7 13.90 0.5 12.99 2.5 12.47 Six Battery Road 3.7 11.96 2.7 12.29 2.3 11.61 Average Expiring Gross Rent1 11.87 11.70 11.68 1 Grade A buildings with leases due in the year. Ancillary retail leases excluded from all buildings. 42 CapitaLand Integrated Commercial Trust
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