EC World REIT’s e-commerce logistics assets houses tenants mainly from the 3PL industry and e-commerce platforms. To suit the demands of the e-commerce logistics, the warehouses are typically fitted with wide column spacing, spacious and modern loading docks as well as enhanced safety systems and the integration with inventory and warehouse management technology as well as other value-added features. Fu Heng Warehouse Located in Dongzhou Industrial Park, Fuyang District, Hangzhou, Fu Heng Warehouse 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. Fu Heng Warehouse comprises two four-storey buildings housing e-commerce merchant offices, online-to-offline (“O2O”) businesses, retail outlets, and warehouse space. E-COMMERCE LOGISTICS Property Information (As at 31 December 2024) Net Lettable Area (sqm) 95,076* Land Use Expiry 3 May 2059 Purchase Consideration (RMB million) 444.2 Valuation (RMB Million) 285.0 Committed Occupancy 74.5% Key Tenant Hangzhou Fuyang Yutong Express Co., Ltd. WALE (by NLA) 0.7 WALE (by Gross Rental Revenue) 0.5 * includes covered outdoor space and underground space. EC WORLD REIT 22 PROPERTY PORTFOLIO OVERVIEW
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