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EC World Real Estate Investment Trust ANNUAL REPORT 2016
Property Data
Specifications
• Port with 23 Berths;
• 88,617.4 sqm of
storage yard;
• 24,108.6 sqm of
warehouse;
Land Title
Until December 2055
Commencement
of Operations
August 2008
Purchase Consideration
RMB1,682.1 million
Net Lettable Area
112,726 sqm
Occupancy
100%
Key Tenant
Master Leased to Hangzhou Fu
Gang Supply Chain Co., Ltd.
Market Valuation
(as at 31 December 2016)
RMB2,124 million
WALE (by NLA)
4.0
Chongxian Port Investment (“CXI”) is strategically
located in the north of Hangzhou, on the east bank of
the Beijing-Hangzhou Grand Canal. It is one of China’s
key inland ports.
1
CXI is a quality river port asset, with
growing annual throughput, providing income stability
to the portfolio. It is leased to the port operator, a
subsidiary of the Sponsor.
1
Source: Market research by Colliers International in their independent property valuation report of Chongxian Port Investment.
CHONGXIAN PORT INVESTMENT
Property Portfolio Overview
PORT LOGISTICS