ART's initial property portfolio consists of the following properties which are held directly or through the ownership of the shares in the Property Holding Companies and Somerset FG:-

	Somerset Gordon Heights, Melbourne
	Somerset St Georges Terrace, Perth

	Ascott Beijing
	Somerset Grand Fortune Garden Property, Beijing
	Somerset Xu Hui, Shanghai
	Somerset Olympic Tower Property, Tianjin

	Ascott Jakarta
	Somerset Grand Citra, Jakarta
	Country Woods, Jakarta

	Somerset Azabu East, Tokyo
	Somerset Roppongi, Tokyo
	Asyl Court, Gala, Joy City and Zesty Rental Housing Properties, Tokyo

	Ascott Makati
	Somerset Millennium, Makati
	Somerset Salcedo Property, Makati

	Somerset Grand Cairnhill, Singapore
	Somerset Liang Court Property, Singapore

	Somerset Grand Hanoi
	Somerset West Lake Hanoi
	Somerset Chancellor Court, Ho Chi Minh City
	Somerset Ho Chi Minh City