CapitaLand China Trust - Annual Report 2024

Portfolio Details Rock Square Guangzhou Rock Square is one of the largest shopping malls located within the well-established Jiangnanxi retail cluster in the Haizhu district, the second most populous urban district in Guangzhou. The mall is directly connected to Shayuan metro station, which serves Line 8 that links Guangzhou’s eastern and northern areas, and Guangfo Line that connects Guangzhou with Foshan. In 2023, Rock Square underwent AEI to better cater to the growing middle and high-income families and professionals in the surrounding densely populated residential estates. This has transformed Rock Square into a premier one-stop shopping and lifestyle destination for more than one million residents within a three kilometer radius. The mall offers a wide range of fashion, dining and entertainment options for modern lifestyle needs, featuring well-known domestic and international brands such as AEON, Nio Space, ZARA, US KIMMY, SUSHIRO and Meland. Rock Square attained its green certification in 2022. Lease Profile Expiry (%) 30.3 2025 2026 2027 2028 2029 Beyond 2029 19.3 28.7 17.1 12.7 13.2 10.8 14.1 9.2 12.9 8.3 23.4 % of GRI % of Committed NLA Trade Sector (% of GRI) Food & Beverage 39.7 Services 11.4 Fashion & 8.5 Accessories Beauty & 7.4 Healthcare Leisure & 7.0 Entertainment Supermarket 5.2 Toys & Hobbies 4.2 Gifts & Souvenirs 3.3 Jewellery / Watches 3.1 Education 3.0 IT & 2.5 Telecommunication Home Living 2.0 Sporting Goods & 1.2 Apparel Shoes & Bags 1.1 Others 0.4 240.2 Gross Revenue (RMB million) 167.2 Net Property Income (RMB million) 3,410.0 Property Valuation (RMB million) Property Information GFA (sq m) 88,279 NLA (sq m) 52,450 No. of Leases 250 Land Use Right Expiry 17 October 2045 Purchase Pricei RMB3,400.0 million Acquisition Dateii 51% stake: 31 January 2018 49% stake: 30 December 2020 Committed Occupancy Rateiii 99.2% i The first 51% stake in Rock Square was purchased on 31 January 2018 at RMB3,340.7 million, and the subsequent 49% stake was purchased on 30 December 2020 at RMB3,400.0 million (purchase price represented on 100% basis). ii Refers to the completion of the acquisition of the special purpose vehicles which own the properties. iii Based on all committed leases as of 31 December 2024. 38 CapitaLand China Trust

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