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EC World Real Estate Investment Trust ANNUAL REPORT 2016
Property Data
Specifications
2 four-storey buildings
Land Title
May 2059
Commencement
of Operations
February 2015
Purchase Consideration
RMB444.2 million
Net Lettable Area
94,287 sqm
Key Tenant
Master Leased to
Hangzhou Fuyang Yunton
E-Commerce Co., Ltd.
Occupancy
100%
Market Valuation
(as at 31 December 2016)
RMB551 million
WALE (by NLA)
4.0
Fu Heng Warehouse (“FH”) is located in Dongzhou
Industrial Park, Fuyang District, South Hangzhou.
FH is a purpose-built e-commerce distribution centre
comprising warehousing, logistics, parcel packaging
and sorting supporting B2B, B2C, B2B2C operations. It
houses e-commerce merchant offices, retail outlets, and
warehouse space.
It serves as a full capability e-commerce centre with its
integrated and highly developed system of storage and
warehousing, inventory control, pick-and-pack services
and express delivery capabilities.
Property Portfolio Overview
E-COMMERCE LOGISTICS
Fu Heng Warehouse