Hengde Logistics Hengde Logistics is located in Dongzhou Industrial Park, Hangzhou City. It comprises two clusters of high-specification warehouses with the capability to store temperature and humidity sensitive goods and products, such as tobacco, wines, cosmetics and perishables. The first complex of the Property comprises six five-storey blocks and a six-storey block, while the second complex comprises two five-storey blocks and one three-storey block. The buildings are equipped with a dedicated onsite power generator with an isolated power grid to reduce any risks of electrical blackouts which may affect the operations of the building. In addition, the availability of containment areas and docking bays facilitates efficient and effective loading and unloading of goods for transportation. SPECIALISED LOGISTICS Property Information (As at 31 December 2024) Net Lettable Area (sqm) 238,032 Land Use Expiry Phase 1: 9 July 2059 Phase 2: 28 July 2053 Purchase Consideration (RMB million) 1,173.9 Valuation (RMB Million) 737.0 Committed Occupancy 91.1% Key Tenant ATM Cloud (Hangzhou) Artificial Intelligence Technology Co., Ltd.; China Tobacco Zhejiang Industrial Co., Ltd. WALE (by NLA) 3.2 WALE (by Gross Rental Revenue) 2.3 EC WORLD REIT 26 PROPERTY PORTFOLIO OVERVIEW
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