Milestones

11 May 2004 Listing on Singapore Exchange Securities Trading Limited
29 April 2005 Acquired HSBC Building for S$147.0 million
1 September 2006 Acquired 60.0% interest in RCS Trust which owns Raffles City Singapore for S$1,299.6 million
January 2007 Invested 30% stake in Quill Capita Trust listed in Malaysia
2007 Raffles City Singapore S$75.4 million Asset Enhancement Initiative (AEI); created additional retail net lettable area of about 40,000 square feet
11 July 2008 Acquired One George Street for S$1,165.0 million
2 December 2008 Acquired Wilkie Edge for S$182.7 million
2008 Raffles City Singapore S$7.5 million AEI; created new outdoor restaurant area of about 3,500 square feet
2009 – 2010 Raffles City Singapore S$34.6 million AEI – created additional retail net lettable area of about 16,000 square feet.
October 2010 Started S$92.0 million asset enhancement of Six Battery Road, expected to be completed by end-2013
14 July 2011 Entered into joint venture for redevelopment of Market Street Car Park into a Grade A office building. CCT took 40.0% interest in the S$1.4 billion development. CapitaLand has a 50.0% interest and Mitsubishi Estate Asia has 10.0% interest.
22 March 2012 Acquired Twenty Anson for a property price of S$430.0 million
27 April 2012 Obtained Unitholders' approval to have a unit buy-back mandate during AGM
November 2012 Started S$34.7 million asset enhancement for Raffles City Tower, expected to be completed by 2Q 2014
November 2013 Announced a S$40.0 million AEI for Capital Tower, expected to be completed by 4Q 2015
December 2013 Completed Six Battery Road's AEI at a total cost of S$85.8 million and achieved return of investment of 8.6%
15 April 2014 Obtained Unitholders' approval for renewal of unit buy-back mandate at AGM
2 July 2014 Celebrated CCT's 10th Year Anniversary
18 July 2014 Completed AEI for Raffles City Tower at a total cost of S$32.3 million and achieved return on investment of 9.3%
18 December 2014 Obtained temporary occupation permit for CapitaGreen
9 September 2015 CapitaGreen officially opened
31 December 2015 Completed AEI for Capital Tower at a total cost of S$35.0 million and achieved return on investment of 8.2%

CCT's assets in Singapore grew from S$2.1 billion since inception in May 2004 to a total deposited property value of S$7.7 billion as at 31 December 2015.

Due to 7 Acquisitions & 3 Divestments and ongoing AEIs over 10 Years

Milestones