China Square Central is an office and retail development located in the financial district of Singapore. The property comprises a 15-storey grade “A” commercial office tower, a podium, two basement levels and two clusters of shophouses. It is well served by both the Raffles Place and Chinatown MRT stations, which are located within 500 metres of the property. China Square Central’s accessibility will be further enhanced by the upcoming Cross Street MRT station on the Downtown Line, which the Manager expects to be operational by 2013.

FCOT acquired a 100.0% direct interest in China Square Central for S$390.0 million on 30 March 2006 from Unicorn Square Limited (Unicorn). At the time of the acquisition, the Trustee entered into a Master Lease with Unicorn under which Unicorn is to pay an annual rent of S$17.55 million to FCOT for the six year term of the Master Lease which provides certainty in respect of the rental income from China Square Central. Under the Master Lease, FCOT will share 40.0% of any net property income above S$17.55 million per annum throughout the lease term.

China Square Central has a large tenant base of 40 office tenants and 66 retail tenants. Both office and retail tenants cover a wide variety of business sectors, providing China Square Central with significant earnings diversification. The tenants for China Square Central include prominent local and multi-national companies.

Visit China Square Central at http://www.chinasquarecentral.com for more information.