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INVESTMENT PORTFOLIO
JEM, SINGAPORE
313@SOMERSET
SKY COMPLEX, MILAN
OTHER INVESTMENT

PORTFOLIO OVERVIEW

LREIT’s diversified portfolio comprises a leasehold interest in two properties located in Singapore and three freehold office properties located in Milan with a total appraised value of S$3.6 billion.

JEM, SINGAPORE Image

JEM, SINGAPORE

TYPE Office & Retail
TITLE 99-year Leasehold
OWNERSHIP 100%
NLA (SQ FT) 893,044
VALUATION S$2,134 million
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313@SOMERSET, SINGAPORE Image

313@SOMERSET, SINGAPORE

TYPE Prime Retail
TITLE 99-year Leasehold
OWNERSHIP 100%
NLA (SQ FT) 288,979
VALUATION S$987.0 million
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SKY COMPLEX, MILAN Image

SKY COMPLEX, MILAN

TYPE Grade A Office
TITLE Freehold
OWNERSHIP 100%
NLA (SQ FT) 980,139
VALUATION S$468.6 million1
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PORTFOLIO STATISTICS

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    5
    RETAIL AND OFFICE BUILDINGS

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    2
    GATEWAY CITIES

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    S$3.6b
    APPRAISED VALUE

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    2.2m sq ft
    NET LETTABLE AREA ("NLA")

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    99.8%
    COMMITTED OCCUPANCY

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    8.3years
    WEIGHTED AVERAGE LEASE EXPIRY (BY LEASED NLA)

1Conversion of € to S$ is based on the FX rate of 1.444 as at 31 March 2023.
2Assuming that Sky Italia does not exercise its break option in 2026.

Information as at 31 March 2023