Proposed Acquisition of 79 Robinson Road Briefing

So, yes, great meeting everyone. Thanks for joining capital and integrated commercial trust. We're being at short notice today. So we are pleased to share that CICD doesn't announce the proposed acquisition of 70 percent interest in seminar Robinson Road. And we have the management team of CICD online today to share highlights and address any questions that you may have. So the CICD management reduces evening art. Mr. Tony time or CEO, Miss one million or CFO. Miss Jacqueline Lee, here investment and portfolio management. And I'm making here of investor relations. Without further ado, I'd like to invite you to share with us more about the acquisition. Tony peace. Okay, hi. Good evening, T. J.F.

I went to the Marshall Academy time. So we just released announcement. I'm sure you're participating about this acquisition. So we announced it now. We also acquire joining with a fund called Cora F. It's a Cora fund managed to look at the land to acquire 100 percent basis. The seminar of the central office building. So we'll take a 70 percent step. Cora have a take a take a take. I think the the due metrics looks I think it's interesting. We are going in acquiring on acquisition news about 4 percent. They'll give us about a 2 percent

appreciation. On a vote for market. Currently it's about 9 to 0.9 percent. These give us a little bit of runway. So as we probably know, the office market is tracking along quite nicely. And we hope you're able to enjoy this update for the month. And the the I won't touch too much into the details. The Sanji I think the details are ready. They are we know the property details. And obviously at some point I think we would like to invite you for a tour. You can do the office office for the if you have not already seen it. It is just completed in the digital in this. So it's very, very new.

Specs wise and it's not any worse often while you have seen the capital screen. Obviously the size is slightly different. The components are different. But generally these are very high quality. We have sets. Both I have no good map at the in them. So it's very efficient property as well. We have a relatively long wheel. By quite years, even as quite a new asset. So it's quite expected. I mentioned about the 40 4% entry. You I think we're just using the January NPI and just do an organization to steep a bit. Few. Yeah. Next. Total acquisition always roughly about 150 millilitre.

About. We intend to find it with our divestment to see coming from JQ and many from the our own. So that would bring us. I think our gear is going to be manageable. 40 more percent. After the transaction is completed. There is taking the consideration on the activity we've done over the last. Six months or so. From one. Josh tree divestment. No, acquiring the tree assets in Australia. The LBS. We have a quick defined race with the message. And then now we find this. I got this. So. This one. One 2.9% deep. You're going to come from my basis.

And we anticipate the occupancy. We're actually ramp up in the course of time. In terms of completion, we are looking at some time early part of second quarter. Hopefully by end of April, we'll be able to complete that. So we can get the income in quite as quickly as possible. Next. I think the acquisition structure is quite easy to understand. Essentially, as this infrastructure is owned by tree entity. comprising. 20 data is owned by. Capital and CI and one activity, which is owned by. The Japanese. The Seattle basically see our eyes. German. So while we are buying.