CAPITASPRING Completed in November 2021, the 280-metre tall CapitaSpring is an award-winning integrated development. The property offers work, live, play spaces in a vertically connected environment. Between the premium Grade 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 Green Oasis offers a re-connection with 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 towards a car-lite society and to promote healthy living, a cycling path, bicycle lots and end-of-trip facilities are included in the development. As at 31 December 2023 2024 (100% basis) Valuation (S$ million) 2,042.0 2,058.5 Gross Floor Area (sq ft) 1,004,800 1,004,800 Net Lettable Area (sq ft) 673,300 673,300 Number of Tenants 30 30 Committed Occupancy (%) 100 99.9 (45.0% basis) Gross Revenue1 (S$ million) 57.2 57.4 Trade Mix2 (%) Banking, Insurance & 65.6 Financial Services IT & 10.9 Telecommunications Real Estate & 9.8 Property Services Legal 5.4 Energy & 4.2 Natural Resources Food & Beverages 2.2 Logistics & Supply 1.2 Chain Management Hospitality & Leisure 0.7 Property Information Address 86 & 88 Market Street Land Tenure Leasehold tenure of 99 years with effect from 1 February 1982 Joint Venture (% interest) CICT: 45.0% CapitaLand: 45.0% Mitsubishi Estate Co., Ltd.: 10.0% Project Development Estimate S$1,820.0 million Carpark Lots 354 Bicycle Lots 165 Green Ratings • BCA Green Mark Platinum • BCA Universal Design Mark GoldPLUS (Design) Lease Expiry Profile2 (%) 11.1 39.8 27.5 13.9 0 2025 2026 2027 2028 2029 2030 and beyond 7.7 Major Tenants3 JPMorgan Chase Bank, N.A. Millennium Capital Management (Singapore) Pte. Ltd. Sumitomo Mitsui Banking Corporation Singapore Branch 1 Gross revenue comprises gross rental income, car park income and other income for the respective financial year. 2 As at 31 December 2024, based on committed gross rental income which excludes gross turnover rent. 3 Based on gross rental income for the month of December 2024 which excludes gross turnover rent. 63 Annual Report 2024
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