Replace - Proposed Acquisition Of A Property In Gold Coast, Queensland, Australia

BackMay 15, 2019
Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast May 15, 2019 19:49
Status Replace
Announcement Sub Title Acquisition of a property in Gold Coast, Queensland, Australia.
Announcement Reference SG190515OTHR0YAQ
Submitted By (Co./ Ind. Name) Terence Lim
Designation VP, Investment & Investor Relations
Description (Please provide a detailed description of the event in the box below) Please refer to the attached updated documents relating to the acquisition of a property in Gold Coast, Queensland, Australia.

The update relates mainly to the following inclusion in the respective attached documents:
The Property is acquired with a headline yield of 7.8% based on the first year net property income of A$3 million over the Purchase Consideration of A$38.46 million.

Attachments

  1. Announcement (Size: 217,546 bytes)
  2. Press Release (Size: 123,601 bytes)
  3. Presentation (Size: 1,640,275 bytes)

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