ESR-REIT Annual Report 2024 225 INVESTMENT PROPERTIES PORTFOLIO STATEMENTS As at 31 December 2024 Notes 1 Business Parks are clusters of buildings and offices typically dedicated to business activities relating to high-technology, research and development (R&D) value-added and knowledge-intensive sectors. Companies that take up space in Business Parks can engage in a range of light and clean uses such as technical support, information-communications, healthcare devices, product design, development and testing, service centres and back-end office functions. 2 High-Specifications Industrial properties are mixed-use industrial buildings with a high proportion of space that can be allocated for office use. These buildings typically have facilities such as air-conditioned units and sufficient floorboard, ceiling height and electrical power capacities to enable both office and manufacturing functions to be carried out concurrently. 3 Logistics properties are typically equipped with high floor loading and also have a high floor-to-ceiling height. Such buildings can be either singlestorey or multi-storey properties with vehicular ramp access and/or heavy-duty cargo lift access. 4 General Industrial properties can be single or multi-storey facilities dedicated to general industrial, manufacturing or factory activities. Such spaces also have a low percentage of the usable space which can be set aside for office use. 5 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 August 1996. 6 Viva Trust holds the remainder of a 60 year lease commencing from 1 April 1971 for Plot 1: Lot 8134N Mukim 27 and 43 year lease commencing from 1 March 1988 for Plot 2: Lot 7837V Mukim 27. 7 Viva Trust holds the remainder of a 30+30 year lease commencing from 1 February 2008. 8 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 February 1997. 9 ESR-REIT holds the remainder of a 99 year lease commencing from 1 January 1958. 10 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1990. 11 ESR-REIT holds the remainder of a 30+30 year lease commencing from 4 July 2007. 12 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 December 1989. 13 Viva Trust holds the remainder of a 30+30 year lease commencing from 11 September 2007. 14 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 February 1993. 15 7000 AMK LLP holds the remainder of a 32+30 year lease commencing from 30 January 1995. 16 Tuas South Avenue Pte. Ltd. holds the remainder of a 30+30 year lease commencing from 22 June 2008. 17 ESR-REIT holds the remainder of a 30 year lease commencing from 16 December 2001. 18 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1994. 19 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 February 1973. 20 ESR-REIT holds the remainder of a 30+12 year lease commencing from 1 March 1995. 21 ESR-REIT holds the remainder of a 30 year lease commencing from 16 December 2011. 22 ESR-REIT holds the remainder of a 30+14 year lease commencing from 1 May 2006. 23 Viva Trust holds the remainder of a 30 year lease commencing from 16 February 2007. 24 ALOG Trust holds the remainder of a 29 year lease commencing from 19 August 2006. 25 ALOG Trust holds the remainder of a 30+30 year lease commencing from 20 December 2005. 26 ALOG Trust holds the remainder of a 30+30 year lease commencing from 1 June 2005. 27 ALOG Trust holds the remainder of a 30+30 year lease commencing from 16 August 2005. 28 ALOG Trust holds the remainder of a 30+16 year lease commencing from 1 February 2007. 29 ALOG Trust holds the remainder of a 30 year lease commencing from 1 October 2003. 30 ALOG Trust holds the remainder of a 30 year lease commencing from 16 June 2014. 31 ESR-REIT holds the remainder of a 10+22 year lease commencing from 1 June 2007. 32 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 May 1992. 33 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 December 1991. 34 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 October 1990. 35 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 February 2000. 36 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 April 1994. 37 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 March 2001 for 1 Changi North Street 2 and 30+30 year lease commencing from 23 November 2005 for 2 Changi North Street 2. 38 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 July 1998. 39 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 March 1995. 40 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 June 1996. 41 ESR-REIT holds the remainder of a 30 year lease commencing from 16 March 2005. 42 ESR-REIT holds the remainder of a 29.5 year lease commencing from 1 April 2008. 43 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1995. 44 ESR-REIT holds the remainder of a 30+28 year lease commencing from 1 February 2009. 45 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1995. 46 ESR-REIT holds the remainder of a 30 year lease commencing from 1 February 2008. 47 ESR-REIT holds the remainder of a 28 year lease commencing from 25 March 2007. 48 ESR-REIT holds the remainder of a 27 year lease commencing from 30 September 2013. 49 ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 May 1999. 50 ESR-REIT holds the remainder of a 30+16 year lease commencing from 1 April 2008. 51 ESR-REIT holds the remainder of a 30+28 year lease commencing from 16 February 1997. 52 ESR-REIT holds the remainder of a 29+30 year lease commencing from 1 June 1995 for 511 Yishun and 30+30 year lease commencing from 1 December 1993 for 513 Yishun. 53 ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 December 1994. The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
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