Milestones

2017

25 April 2017
Announced DPU of 1.004 cents for 1Q2017.

24 March 2017
Appointment of Mr Adrian Chui as Chief Executive Officer and Executive director of CITM.

7 February 2017
ESR acquired approximately 10.65 % of CIT’s units, effectively becoming its second largest shareholder.

25 January 2017
Announced DPU of 0.996 cents for 4Q2016.

18 January 2017
Completion of acquisition by eShang-Redwood (“ESR”) subsidiary of 80 % indirect interest in the Manager.

2015

08 December 2015
Issued and listed units at an issue price of $0.6072 per unit under the DRP for 3Q2015. The take-up rate was around 24%.

16 November 2015
Moody's assigned Baa3 rating on CIT and a provisional Baa3 senior unsecured rating to its $500 million multicurrency MTN Programme.

12 November 2015
CITM won the prestigious Adam Smith Asia Award for Best Financing Solution as a result of Management's proactive approach to refinancing in 2015.

22 October 2015
Announced a DPU of 1.204 cents for 3Q2015.

08 September 2015
Issued and listed units at an issue price of $0.6499 per unit under the DRP for 2Q2015. The take-up rate was around 8%.

23 July 2015
Announced a DPU of 1.225 cents for 2Q2015.

10 June 2015
Issued and listed units at an issue price of $0.6886 per unit under the DRP for 1Q2015. The take-up rate was around 33%

CIT completed refinancing of $250 million Club Loan. At the point of refinancing, unencumbered properties were in excess of $1.1 billion, weighted average debt expiry lengthened to 3.8 years and all-in cost of debt is stable at 3.69% p.a.

28 May 2015
S&P reaffirmed CIT's long term credit rating of BBB-/ Stable/--.

13 May 2015
Completed the acquisition of 160A Gul Circle at a purchase consideration of $16.2 million (excluding upfront land premium of $2.9 million). The property comprises a single-storey factory and a newly completed four-storey factory.

On the same day, priced $130 million 5-year MTN at 3.95%. The issuance was more than 2 times subscribed and institutional investors took 91% of the issuance.

07 May 2015
S&P assigned "BBB-" investment grade rating on CIT's MTN programme and all its outstanding MTN series.

22 April 2015
Announced a DPU of 1.225 cents for 1Q2015.

20 March 2015
Completed the acquisition of the remaining 40% partnership interest in Cambridge SPV1 LLP ("Cambridge LLP Acquisition") from Oxley Projects Pte Ltd for a purchase consideration of approximately $11.0 million.

27 February 2015
Issued and listed units at an issue price of $0.6669 per unit under the DRP for 4Q2014. The take-up rate was around 30%.

21 January 2015
Completed a $55 million secondary issuance of MTN Series 003. The issuance was 1.4 times subscribed and institutional investors took 99% of the issuance.

16 January 2015
Announced a DPU of 5.004 cents for FY2014.

2012

Dec 19, 2012
Enters into a 60/40 partnership to acquire 3 Tuas South Avenue 4 for S$15.0 million

Dec 05, 2012
Proposed acquisition of 15 Jurong Port Road for S$43.0 million

Oct 29, 2012
Completed acquisition of 11 Woodlands Walk for S$17.3 million

Oct 24, 2012
Completed acquisition of 30 Marsiling Industrial Estate Road 8 for S$39.0 million

Oct 15, 2012
Awarded aggregate compensation of S$76.7 million by Singapore Land Authority for 30 Tuas Road

Sep 17, 2012
Proposed acquisition of 30 Marsiling Industrial Estate Road 8 for S$39.0 million and 11 Woodlands Walk for S$17.3 million

Aug 01, 2012
Established S$40.0 million revolving credit facilities

Jul 12, 2012
Awarded aggregate compensation of S$31.2 million by Singapore Land Authority for 1 Tuas Avenue 3

Jul 05, 2012
Proposed acquisition of 30 Teban Gardens Crescent for S$41.0 million

May 29, 2012
Completed acquisition of 16 Tai Seng Street for S$72.3 million (to be done over 2 stages)

May 24, 2012
Standard & Poor's reaffirms BBB-/Stable/-- credit rating of CIT

Mar 29, 2012
Completed acquisition of 25 Pioneer Crescent for S$15.3 million

Mar 13, 2012
Issued S$50.0 million 4.75% Fixed Rate Notes due 2015 under its S$500.0 million MTN Programme

Feb 02, 2012
Established S$500.0million Multicurrency Medium Term Note ("MTN") Programme

Jan 31, 2012
Completed divestment of 7 Ubi Close

Jan 30, 2012
Completed acquisition of 3C Toh Guan Road East for S$35.5 million

2010

Nov 30, 2010
Completed acquisition of 511 & 513 Yishun Industrial Park A

Oct 21, 2010
Completion of private placement of 56,498,000 new units raising approximately $30.0 million and a preferential offering of 38,483,000 new units raising $20.4 million

Oct 19, 2010
Completed acquisition of 1 & 2 Changi North Street 2 for $22.1 million

Sep 29, 2010
Completed acquisition of 22 Chin Bee Drive for $15.0 million

Aug 12, 2010
Completion of private placement of 83,683,000 new units to raise gross proceeds of approximately $40.0 million

Jan 13, 2010
CIT won the "Best Deal in Singapore 2009" at the Asset Triple A Asian Awards for raising $390.1 million in February 2009

2008

Aug 07, 2008
Acquisition of majority ownership of CITM by NAB, Oxley and Mitsui remaining as joint venture partners

Jun 09, 2008
Acquisition of additional stake in CITM by Oxley Group

Apr 30, 2008
Completed acquisition of 79 Tuas South Street 5 for $10.4 million

Feb 20, 2008
Acquisition of strategic stake in CIPM by Oxley Group

Feb 04, 2008
Execution of $358.0 million Interest Rate Swap

Jan 28, 2008
Completed acquisition of 21B Senoko Loop for $14.7 million

Jan 18, 2008
Completed acquisition of 6 Tuas Bay Walk for $7.0 million

Jan 14, 2008
Execution of $100.0 million revolving credit facility

2006

Jul 25, 2006
Listing of Cambridge Industrial Trust ("CIT") on SGX

2016

30 December 2016
Appointment of Mr Ooi Eng Peng as Chairman of the Board of CITM with effect from 1 January 2017.

30 December 2016
Retirement of Dr Chua Yong Hai as Chairman of the Board of CITM with effect from 1 January 2017.

30 November 2016
Resignation of Mr. Philip Levinson as Chief Executive Officer and Executive director of CITM.

26 October 2016
Announced DPU of 0.987 cents for 3Q2016.

19 September 2016
Completed the refinancing of the National Australia Bank Loan Facility with proceeds from the new HSBC Loan Facility.

22 July 2016
Announced DPU of 1.078 cents for 2Q2016.

30 May 2016
Announced that CIT will be included as a constituent of the first SGX Sustainability Leaders Index (Flagship Index).

9 May 2016
Issued and listed 50,000,000 notes at 3.95 % due 2023.

28 April 2016
Announced DPU of 1.112 cents for 2Q2016.

28 January 2016
Mr Shane Hagan was appointed as COO and CFO of the Manager.

14 January 2016
Announced a DPU of 4.793 cents for FY2015.

2014

Dec 19, 2014
Completed the acquisition on 16 International Business Park for S$28.0 million

Dec 08, 2014
Proposed the acquisition of first business park, 16 International Business Park for S$28.0 million

Sep 12, 2014
Completed the acquisition of 12 Ang Mo Kio St 65 for S$39.8 million

Aug 26, 2014
Proposed the acquisition of 12 Ang Mo Kio Street 65 for S$39.8 million

Jun 06, 2014
Standard & Poor's reaffirms CIT with BBB-/Stable/ -- Credit Rating

Jun 06, 2014
Early Completion of the AEI works for 3 Pioneer Sector 3 for S$44.4 million

Mar 31, 2014
Completed the acquisition of 11 Chang Charn Road for S$32.0 million

Mar 17, 2014
Completed the acquisition of 30 Teban Gardens Crescent for S$41.0 million

2013

Dec 23, 2013
Proposed the acquisition of 11 Chang Charn Road for S$32.0 million

Dec 06, 2013
Entered into a S$250 million interest rate swaps and reduces its all-in-cost of debt

Nov 04, 2013
Inaugural Retail Investor Day

Jun 25, 2013
Additional of S-Reit Constituents in
Benchmark Index

Apr 19, 2013
Annual General Meeting

Apr 04, 2013
Obtained TOP for 16 Tai Seng Street (Phase II of acquisition) for S$13.1 million

Mar 19, 2013
Completed the acquisition of 3 Tuas South Avenue 4 for S$15.0 million

Mar 01, 2013
Completed the acquisition of 54 Serangoon North Avenue 4 for S$21.0 million

Feb 28, 2013
Compulsory land acquisition of 30 Tuas Road for S$72.4 million

Jan 30, 2013
Completed the acquisition of 15 Jurong Port Road for S$43.0 million

Jan 18, 2013
Completed the A&A Extension at 4&6 Clementi Loop

2011

Oct 12, 2011
Assignment and Allocation of land of two Built-to-Suit Facilities in Tuas View Circuit & Seletar Aerospace Park View

Jul 15, 2011
Completion of acquisition of 5 & 7 Gul Street 1

Jun 29, 2011
Completed acquisition of 60 Tuas South Street 1

Jun 13, 2011
Completed acquisition of 4 & 6 Clementi Loop

Jun 03, 2011
Standard & Poor's reaffirms CIT with BBB-/Stable/ -- Credit Rating

Jun 01, 2011
Completion of refinancing with $320.0 million term loan

Apr 27, 2011
Annual General Meeting

Apr 14, 2011
Fully underwritten and renounceable rights issue of 132,133,152 units to raise gross proceeds of approximately $56.7 million for acquisition of properties

Mar 02, 2011
Increased Acquisition Term Loan from $50.0 million to $120.0 million to finance up to approximately $240.0 million worth of acquisitions

Jan 18, 2011
Notice of Compulsory Land Acquisition from Singapore Land Authority affecting 3 properties - 30 Tuas Road, 120 Pioneer Road & 1 Tuas Avenue 3

2009

Sep 09, 2009
Granted the Capital Market Services ("CMS") License by MAS

Aug 12, 2009
Private Placement of 71,140,000 new units to raise gross proceeds of up to $28.0 million for asset enhancement and working capital purposes

Feb 17, 2009
Completion of $390.1 million loan refinancing

2007

Nov 15, 2007
Completed acquisition of 81 Defu Lane 10 (Natural Cool Building) for $5.0 million

Nov 14, 2007
Nov 14, 2007 Completed acquisition of 7 Ubi Close for $20.5 million

Oct 31, 2007
Completed acquisition of 1 Tuas Avenue 3 for $32.5 million & 48 Toh Guan Road East (Enterprise Hub) for $71.0 million

Oct 26, 2007
Completed acquisition of 23 Woodlands Terrace for $15.4 million

Oct 25, 2007
Oct 25, 2007 Completed acquisition of 9 Bukit Batok Street 22 for $18.3 million

Oct 24, 2007
Completed acquisition of 120 Pioneer Road for $26.3 million

Oct 02, 2007
Launch of first follow-on Global Offering

Jul 27, 2007
Completed acquisition of 31 Changi South Avenue 2 for $5.8 million

Jun 25, 2007
Completed acquisition of 128 Joo Seng Road (DP Computers Building) for $10.0 million & 28 Senoko Drive for $12.0 million

Jun 08, 2007
Completed acquisition of 361 Ubi Road 3 (Armorcoat International Building) for $18.0 million

Mar 29, 2007
Completed acquisition of 63 Hillview Avenue (Lam Soon Industrial Building) for $72.2 million

Feb 27, 2007
Completed acquisition of 55 Ubi Avenue 3 (Mintwell Building) for $18.8 million

Feb 12, 2007
Signed revolving term loan and overdraft facilities of up to an aggregate of $400.0 million to refinance existing bridge loan