46 Operations Review Property Brief Description of Asset Sale Consideration (S$ million) Valuation (S$ million) Buyer Completion Date Announced Divestments 2 Changi Business Park Avenue 1 Hotel strata lot of a Business Park asset in Singapore with a strata lot area of 18,406.0 sqm and is 100% owned by Viva Trust, a sub-trust of ESR-REIT 101.0 100.94 Coliwoo Project Ace Pte Ltd Expected 1Q2026 86 & 88 International Road A general industrial asset in Singapore with a site area of 15,908.1 sqm and is 100% owned by ESR-REIT 42.2 42.25 Perpetual (Asia) Limited (in its capacity as Trustee of 86/88IR Trust) Expected 2Q2026 120 Pioneer Road A general industrial asset in Singapore with a site area of 16,597.9 sqm and is 100% owned by ESR-REIT 34.1 34.16 Perpetual (Asia) Limited (in its capacity as Trustee of 120PR Trust) Expected 2Q2026 13 Jalan Terusan A general industrial asset in Singapore with a site area of 30,234.9 sqm and is 100% owned by ESR-REIT 16.7 16.77 Perpetual (Asia) Limited (in its capacity as Trustee of 13JT Trust) Expected 2Q2026 60 Tuas South Street 1 A general industrial asset in Singapore with a site area of 3,990.3 sqm and is 100% owned by ESR-REIT 3.5 3.58 Perpetual (Asia) Limited (in its capacity as Trustee of 60TSS1 Trust) Expected 2Q2026 43 Tuas View Circuit A general industrial asset in Singapore with a site area of 13,138.3 sqm and is 100% owned by ESR-REIT 15.1 15.19 Perpetual (Asia) Limited (in its capacity as Trustee of 43TVC Trust) Expected 2Q2026 21 & 23 Ubi Road 1 A high-specifications industrial asset in Singapore with a site area of 7,538.5 sqm and is 100% owned by ESR-REIT 45.0 42.510 Perpetual (Asia) Limited (in its capacity as Trustee of 21/23UR1 Trust) Expected 2Q2026 24 Jurong Port Road A logistics asset in Singapore with a site area of 30,262.2 sqm and is 100% owned by ESR-REIT 68.0 68.011 Perpetual (Asia) Limited (in its capacity as Trustee of 24JPR Trust) Expected 2Q2026 46A Tanjong Penjuru A logistics asset in Singapore with a site area of 22,388.5 sqm and is 100% owned by ESR-REIT 113.5 109.512 Perpetual (Asia) Limited (in its capacity as Trustee of 46ATP Trust) Expected 3Q2026 4 Based on independent valuation of S$100.9 million conducted by Savills Valuation and Professional Services (S) Pte Ltd as at 31 December 2025 using income capitalisation method and direct comparison method. 5 Based on independent valuation of S$42.2 million conducted by Cushman & Wakefield VHS Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 6 Based on independent valuation of S$34.1 million conducted by Cushman & Wakefield VHS Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 7 Based on independent valuation of S$16.7 million conducted by Cushman & Wakefield VHS Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 8 Based on independent valuation of S$3.5 million conducted by Edmund Tie & Company (SEA) Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 9 Based on independent valuation of S$15.1 million conducted by Edmund Tie & Company (SEA) Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 10 Based on independent valuation of S$42.5 million conducted by Colliers International Consultancy & Valuation (Singapore) Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 11 Based on independent valuation of S$68.0 million conducted by Jones Lang LaSalle Property Consultants Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. 12 Based on independent valuation of S$109.5 million conducted by Jones Lang LaSalle Property Consultants Pte Ltd as at 30 November 2025 using the income capitalisation method and discounted cash flow method. ESR-REIT ANNUAL REPORT 2025
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