WHAT WE INVEST IN
BUSINESS & SCIENCE PARK PROPERTIES
Characteristics
Clusters of suburban offices, corporate headquarter (HQ) buildings
and research and development (R&D) space in government
designated zones. Manufacturing activities are not allowed in
these properties.
The China portfolio comprises two business park properties,
one of which is located in Beijing and the other in Shanghai.
These properties attract higher value-add industries such as IT
and software companies as well as corporate headquarters of
multinational companies and large local corporations.
Typical Customers
Regional corporate HQs of industrial companies and multinational
corporations (MNCs); backroom support office of financial
institutions; IT firms, R&D companies in various fields including life
sciences, food & flavouring, chemicals, data analytics, electronics, etc.
INTEGRATED DEVELOPMENT, AMENITIES
& RETAIL (“IDAR”) PROPERTIES
Characteristics
Two or more types of space such as business space, retail and
warehousing facility within one integrated development. Typically,
IDAR projects are larger scale developments that possess requisite
infrastructure and amenities to meet modern business needs.
Typical Customers
MNCs and corporates that desire quality space at prominent location
with comprehensive range of amenities to house their corporate HQ
and conduct their businesses under one roof. Companies in the IT
services, fast-moving consumer goods, engineering, warehousing
and retail activities.
HIGH-SPECIFICATIONS INDUSTRIAL
PROPERTIES & DATA CENTRES
Characteristics
Vertical corporate campuses with higher office content combined
with high-specifications mixed-use industrial space. Properties
typically have a modern facade, air-conditioned units, and sufficient
floorloading and ceiling height as well as high power capacity
to allow both office functions and manufacturing activities to be
carried out. Includes data centres.
Typical Customers
Multinational industrial companies and large local companies that
wish to co-locate their HQ functions with manufacturing services,
engineering and R&D activities.
LIGHT INDUSTRIAL PROPERTIES
& FLATTED FACTORIES
Characteristics
Properties with low office content combined with manufacturing
space. The manufacturing content in light industrial properties is
higher compared to high-specifications industrial buildings. Flatted
factories, a subset of light industrial properties, are stacked-up
manufacturing space used for general manufacturing. Ground floor
space tends to command higher rental rate due to higher floor
loading and better accessibility.
Typical Customers
Companies which house their light manufacturing activities and HQ
operations within a single facility. Popular with local small &medium-
sized enterprises engaged in various manufacturing activities. Some
MNC manufacturers also house their manufacturing operations in
such buildings.
LOGISTICS & DISTRIBUTION CENTRES
Characteristics
Warehouses and distribution centres equipped with high floor
loading and high floor height.
In Singapore, majority of the warehouses are single-storey or
multi-storey facilities with vehicular ramp access; others are multi-
storey facilities with heavy duty cargo lift access.
In Australia, the properties are high-grade, functional and large
scale distribution facilities located in close proximity to major
transport infrastructure in core sub-markets.
The logistics property in Jiashan, China, is a single-story modern
facility located within an hours’ drive to downtown Shanghai.
Typical Customers
Third party logistics providers, manufacturers, end-users and
distributors and trading companies.
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A-REIT ANNUAL REPORT
2015/2016
