GALLILEO Strategically located in the Banking District of Frankfurt’s CBD, Gallileo is a 38-storey Grade A commercial building with ancillary retail and a 4-storey heritage building for office use. The property has easy access to a U-Bahn station at Willy-Brandt Platz, the Frankfurt Main Railway station, Frankfurt airport and Messe Frankfurt, one of the world’s largest trade fair venues. It is also in close proximity to the Frankfurt Opera House. Gallileo started asset enhancement works from February 2024 and is expected to complete progressively in 2H 2025. The committed leases are expiring in 2030 and beyond. As at 31 December 2023 2024 (100% basis) Valuation (EUR million) 231.3 270.9 Valuation1 (S$ million) 338.8 383.2 Gross Floor Area2 (sq ft) 668,600 668,600 Net Lettable Area (sq ft) 435,400 442,100 Number of Tenants 4 3 Committed Occupancy (%) 99.2 97.4 Gross Revenue³ (S$ million) 28.3 N.M.⁴ Trade Mix5 (%) Banking, Insurance & 97.6 Financial Services Leisure & Entertainment 1.6 Food & Beverages 0.8 Property Information Address Gallusanlage 7/Neckarstrasse 5, 60329 Frankfurt am Main, Germany Land Tenure Freehold Joint Venture (% interest) CICT: 94.9% CapitaLand: 5.1% Agreed Property Value in 2018 EUR356.0 million Carpark Lots 43 Bicycle Lots 32 Green Rating LEED Gold 1 Based on an exchange rate of EUR1 to S$1.465 as at 31 December 2023 and EUR1 to S$1.415 as at 31 December 2024. 2 Gross Floor Area excludes car park. 3 Gross revenue comprises gross rental income, car park income and other income. 4 Not meaningful as Gallileo is undergoing AEI works. 5 As at 31 December 2024, based on committed gross rental income which excludes gross turnover rent. 59 Annual Report 2024
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