Property Holding

Leasing Properties

The property-holding business segment achieved the greatest growth out of the Group's three business segments in FY2015, one financial year following the Company's SGX Mainboard listing on 22 July 2014. This growth was fuelled by the two Dutch properties in Amsterdam, Zuiderhof I and Arena Towers which were newly acquired in February 2015 and June 2015 respectively. Since then, the Group has expanded beyond Amsterdam into other key business cities in The Netherlands, building a portfolio of core properties that deliver steady recurrent income, derived from the interest bearing property financing loans given to the Dutch associated companies. Our portfolio of core properties is geographically spread across The Netherlands, including key business cities such as Amsterdam, Rotterdam, The Hague and prime residential areas in Zeist and Bilthoven. Amongst these core properties, some were identified to have redevelopment potential.

Zuiderhof I

Location

Jachthavenweg 121, Amsterdam, The Netherlands

Land Tenure

Perpetual leasehold (ground lease paid to May 2050)

Lettable floor area1 (SQM)

12,538

Description

Comprises an office building and car parks.

Year of construction / renovation

2001

Number of car park lots

111

Notes:

  1. Lettable floor area excludes car park space.

Mondriaan Tower

Location

Amstelplein 6 and 8, Amsterdam, The Netherlands

Land Tenure

Freehold

Lettable floor area1 (SQM)

24,796

Description

Comprises an office building and car parks.

Year of construction / renovation

2002

Number of car park lots

241

Notes:

  1. Lettable floor area excludes car park space.

Arena Towers

Location

Hoogoorddreef 66 and 68, Amsterdam, The Netherlands

Land Tenure

Perpetual leasehold (ground lease paid to August 2053)

Lettable floor area1 (SQM)

17,396

Description

Comprises two hotels of a total of 443 rooms and 509 car parks.

Year of construction / renovation

1988/2014

Number of car park lots

509

Notes:

  1. Lettable floor area excludes car park space.

Munthof

Location

Reguliersdwarsstraat 50-64, Amsterdam, The Netherlands

Land Tenure

Freehold

Lettable floor area1 (SQM)

1,719

Description

Comprises an office/retail building and car parks. This property has been identified to have potential for redevelopment.

Year of construction / renovation

1969

Number of car park lots

147

Notes:

  1. Lettable floor area excludes car park space.

Berg & Bosch

Location

Professor Bronkhorstlaan 4, 4A, 6, 8, 10A -10M, 12 - 20 and 26, Bilthoven, The Netherlands

Land Tenure

Freehold

Lettable floor area1 (SQM)

34,024 sqm (on land area of 415,799 sqm)

Description

Comprises buildings, some of which are national monuments, amongst a rich greenery landscape. This property has been identified to have potential for redevelopment.

Year of construction / renovation

1933/2006

Number of car park lots

627

Notes:

  1. Lettable floor area excludes car park space.

Terminal Noord

Location

Schedeldoekshaven 127, 129 and 131, The Hague, The Netherlands

Land Tenure

Effective freehold
(perpetual leasehold with all ground rent paid in advance)

Lettable floor area1 (SQM)

8,897

Description

Comprises an office building and car parks. This property has been identified to have potential for redevelopment. We have started the feasibility study for the redevelopment.

Year of construction / renovation

1991/2007

Number of car park lots

97

Notes:

  1. Lettable floor area excludes car park space.

Villa Nuova

Location

Utrechtseweg 46 and 46a, Zeist, The Netherlands

Land Tenure

Freehold

Lettable floor area1 (SQM)

1,428

Description

Comprises an office building and car parks.

Year of construction / renovation

1841

Number of car park lots

40

Notes:

  1. Lettable floor area excludes car park space.

Herengracht 21

Location

Herengracht 21, The Hague, The Netherlands

Land Tenure

Freehold

Lettable floor area1 (SQM)

473

Description

Comprises an office building.

Year of construction / renovation

1905

Number of car park lots

None

Notes:

  1. Lettable floor area excludes car park space.