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EC World Real Estate Investment Trust ANNUAL REPORT 2016
Tenancy
As at 31 December 2016, there were a total of 35
tenants across the portfolio and contribution to gross
rental income, based on locked-in rental, by the top 10
tenants is as follows:
The tenants of the properties in the portfolio operate
across diverse industries. The below chart shows the
breakdown of tenancy according to trade sector,
weighted on gross rental income collected in the second
half of 2016.
Tenants Operate across Diverse
Industries
E-commerce services
Delivery, logistics and distribution
Industrial
Trading
Others*
39.7%
37.0%
18.0%
3.3%
2.0%
Management
REVIEW
Top tenants
% contribution
to gross rental
income
1
Hangzhou Fu Gang Supply
Chain Co., Ltd.
40.2%
2
Forchn Holdings Group Co., Ltd
28.3%
3
China Tobacco Zhejiang
Industrial Co., Ltd
15.8%
4
Hangzhou Fuyang Yunton
E-commerce Co., Ltd
10.3%
5
Hangzhou Xi Lian Logistics
Co., Ltd
1.2%
6
1.1%
7
Zhejiang Yuntong E-commerce
Co., Ltd
1.1%
8
Zhejiang Gao Yang Supplies
Co., Ltd
0.7%
9
Hangzhou Cheng Feng
Supplies Co., Ltd
0.4%
10
Wuxi CNBM International
Corporation
0.4%
*
Others include Real Estate and Telecommunication sectors
Storage facilities at Fu Heng Warehouse
Operation Review