Stage 1 Bei Gang Logistics Stage 1 Bei Gang Logistics comprise eight buildings (Buildings No. 1 to No. 8) of which, Building No. 1 is a 15-storey building, Building No. 2 is a four-storey building, and Buildings No. 3 to No. 8 are five-storey buildings. The properties serve as a logistics hub to enhance the e-commerce ecosystem in Zhejiang province and could offer huge potential for retail space and other commercial businesses. The National Development and Reform Commission (the “NDRC”) has granted accreditation to Hangzhou Beigang Logistics Co., Ltd. Under the National Key Logistics Project 2015. Property Information (As at 31 December 2024) Net Lettable Area (sqm) 120,449* Land Use Expiry 14 March 2052 Purchase Consideration (RMB million) 1,039.7 Valuation (RMB Million) 594.0 Committed Occupancy 100% Key Tenant Master leased to Forchn Holdings Group Co., Ltd WALE (by NLA) 0.6 WALE (by Gross Rental Revenue) 0.6 * includes underground carpark space E-COMMERCE LOGISTICS ANNUAL REPORT 2024 25 PROPERTY PORTFOLIO OVERVIEW
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