Property Funds Appendix definition

Property Funds Appendix means Appendix 6 of the Code on Collective Investment Schemes, issued by the Monetary Authority of Singapore;

Property Funds Appendix means Appendix 6 of the CIS Code issued by the MAS in relation to real estate investment trusts, as the same may be modified, amended, supplemented, revised or replaced from time to time; and

Property Funds Appendix means the investment guidelines regulating collective investment schemes that invest or propose to invest in real estate and real estate-related assets (“property funds”) in Appendix 2 of the CIS Code as the same may be modified, amended, supplemented, revised or replaced from time to time;

Examples of Property Funds Appendix in a sentence

• The gearing ratio or additional borrowing capacity of IPIT is based on the gearing or borrowing capacity allowed under the voluntary adoption by IPIT of the Property Funds Appendix.

• All Interested Person Transactions are subject to regular periodic reviews by the AC, which in turn obtains advice from CL IA, to ascertain that the guidelines and procedures established to monitor Interested Person Transactions, including the relevant provisions of the Listing Manual and the Property Funds Appendix, as well as any other guidelines which may from time to time be prescribed by the SGX-ST, MAS or other relevant authorities, have been complied with.

• Therefore, the Proposed Acquisition will constitute an “interested person transaction” under Chapter 9 of the Listing Manual as well as an “interested party transaction” under the Property Funds Appendix, in respect of which the approval of Unitholders is required.

• For the purposes of Chapter 9 of the Listing Manual and the Property Funds Appendix, the ACF Vendors are therefore also Interested Persons and Interested Parties of Ascott REIT.

• However, as the Proposed Acquisition constitutes an “interested person transaction” under Chapter 9 of the Listing Manual and an “interested party transaction” under the Property Funds Appendix, the Proposed Acquisition will still be subject to the specific approval of Unitholders.

More Definitions of Property Funds Appendix

Property Funds Appendix means the guidelines for property funds issued by the Monetary Authority of Singapore as Appendix 6 to the CIS Code, as amended, varied or supplemented from time to time;

Property Funds Appendix means Appendix 6 to the CIS Code issued by the Monetary Authority of Singapore in relation to real estate investment trusts;

Property Funds Appendix means Appendix 6 to the Code on Collective Investment Schemes issued by the Monetary Authority of Singapore. In connection with the second stage of the proposed Acquisition, the Trustee and the Vendor entered into a share purchase agreement dated 5 November 2018 (the “SG SPA”, and together with the PRC SPA, the “Share Purchase Agreements”), pursuant to which the Trustee will acquire from the Vendor all the issued shares in the SG SPV. The following diagram summarises the second stage of the proposed Acquisition: 100%Vendor divests all of itsinterests in the SG SPV to BHG Retail REIT Pursuant to the SG SPA100%100%Hefei Changjiangxilu Mall PRC SPV BHG Retail REIT SG SPV Vendor The proposed Acquisition is intended to be wholly funded through borrowings. SUMMARY OF APPROVAL SOUGHT The Manager is convening an extraordinary general meeting (“EGM”) of BHG Retail REIT to seek approval from the unitholders of BHG Retail REIT (“Unitholders”) for the proposed acquisition of Hefei Changjiangxilu Mall as a Related Party Transaction (as defined herein). Description of Hefei Changjiangxilu Mall Hefei Changjiangxilu Mall is located at the junction of Changjiang West Road and Huaining Road, in the Shushan District of Hefei, Anhui Province. The catchment population within a 3 kilometre (“km”) radius from the mall is approximately 200,000, which comprises about 50 local communities. Hefei Changjiangxilu Mall is a five-storey retail mall (which includes one underground storey) offering supermarket, recreation, food and beverage and fashion tenants. It enjoys good connectivity as it is close to several public bus stations and well-connected to the Hefei Metro Line 2, which commenced operations on 26 December 2017. The table below sets out certain details of Hefei Changjiangxilu Mall as at 31 August 2018 (unless otherwise stated): PropertyHefei Changjiangxilu MallLocation639 Changjiangxilu Road, Shushan District, Hefei, Anhui ProvinceYear of Completion2010Expiry of Land Use Right30 April 2043Site Area19,784.67 sq mGFA48,003.09 sq mNLA27,221.63 sq mCar Park Lots243Number of StoreysFive-storeys (four-storeys + one underground storey)Valuation by Knight FrankRMB481,500,000 (S$96,300,000)Valuation by CushmanRMB490,000,000 (S$98,000,000)Agreed Changjiangxilu Value(1)RMB334,045,005 (S$66,809,001)Weighted Average Lease to Expiry (“WALE”)By gross rental income: 2.6 yearsBy committed lettable area: 5.0 yearsOccupancy rate99.4%Trade Names of Major TenantsBHG Supermarket KFCPizza Hut Wats...

Property Funds Appendix means Appendix 6 of the CIS Code issued by the MAS in relation to real estate investment trusts.

Property Funds Appendix means Appendix 6 of the Code on Collective Investment Schemes, issued by the Monetary Authority of Singapore, as amended, varied or supplemented from time to time;

Property Funds Appendix means Appendix 6 to the CIS Code issued by the Monetary Authority of Singapore in relation to real estate investment trusts, as amended, varied or supplemented from time to time;

Property Funds Appendix means appendix 6 to the Code of Collective Investment Schemes issued by the Monetary Authority of Singapore in relation to real estate investment trusts.