77
EC World Real Estate Investment Trust ANNUAL REPORT 2016
Property name
Date of
acquisition
Remaining
term of
lease*
Location
Occupancy
rates at 31
December
2016
Occupancy
rates at 31
December
2015
Latest
valuation
date
Valuation
as at 31
December
2016
Valuation
as at 31
December
2015
Percentage
of total
net assets
attributable to
Unitholders
as at 31
December
2016
Percentage
of total
net assets
attributable to
Unitholders
as at 31
December
2015
(Years)
%
%
(S$’000)
(S$’000)
%
%
Chongxian Port Investment
25 Aug 2015 39.0
No.5 Yunhe Road, Chongxian
Neighbourhood, Yuhang District,
Hangzhou, Zhejiang Province, PRC
100% 100% 31 Dec 2016
442,004
455,428
60.87
66.69
Chongxian Port Logistics
100% 100% 31 Dec 2016
181,255
185,589
24.96
27.18
– Complex 1
25 Aug 2015 39.0
No.5-2, Yunhe Road, Chongxian
Neighbourhood, Yuhang District,
Hangzhou, Zhejiang Province, PRC
– Complex 2
25 Aug 2015 43.7
No.5-2, Yunhe Road, Chongxian
Neighbourhood, Yuhang District,
Hangzhou, Zhejiang Province, PRC
Fu Zhuo Industrial
25 Aug 2015 39.0
No.5-1, Yunhe Road, Chongxian
Neighbourhood, Yuhang District,
Hangzhou, Zhejiang Province, PRC
100% 100% 31 Dec 2016
22,891
23,185
3.15
3.40
Fu Heng Warehouse
100% 100% 31 Dec 2016
114,663
120,279
15.79
17.61
– Building 1 and 2
9 Sep 2015
42.4
Buildings #1 – #2, No.11 Mingxing
Road, Dongzhou Neighbourhood,
Fuyang District, Hangzhou, Zhejiang
Province, PRC
Hengde Logistics
100% 100% 31 Dec 2016
302,994
317,842
41.73
46.55
– Phase 1
6 Nov 2015
36.6 No.21 Sanhao Road, Dongzhou
Industrial Zone, Dongzhou
Neighbourhood, Fuyang District,
Hangzhou, Zhejiang Province, PRC
– Phase 2
6 Nov 2015
42.5
No.2-2 Dongqiao Road, Dongzhou
Industrial Zone, Dongzhou
Neighbourhood, Fuyang District,
Hangzhou, Zhejiang Province, PRC
INVESTMENT PROPERTIES PORTFOLIO STATEMENT
As at 31 December 2016
The accompanying notes form an integral part of these financial statements.