TENANT’S COUNTRY OF ORIGIN AS AT 31 MARCH 2016
(BY GROSS RENTAL INCOME)
China
USA
Hong Kong
Singapore
92.1%
4.9%
2.6%
0.4%
Business Park & Logistics Centres (China)
Multi-tenant Buildings
Single-tenant Buildings
Total
No. of Properties
3
0
3
No. of Customers
40
0
40
GFA (sqm)
147,036
0
147,036
Gross Income (S$m)
22.0
0
22.0
Valuation as at 31 March 2016 (S$m)
373.9
0
373.9
Property Acquisition/
Completion
Date
Purchase
Price*/
Development
Cost (S$m)
Valuation
as at 31
March
2016
(S$m)
GFA
(sqm)
NLA
(sqm)
Address
Gross
Income
for
FY15/16
(S$m)
Occupancy
Rate as at
31 March
2016
131 Ascendas
Z-Link
#
03 Oct 11
61.8
144.7 31,427 27,595 17 Zhongguancun
Software Park
No. 8 West
Dongbeiwang
Road, Hainan
District, Beijing,
China
10.9 100.0%
132 A-REIT
City
@Jinqiao
12 Jul 13
122.3
204.0 79,880 81,994 No. 200 Jinsu
Road, Jinqiao
Economic and
Technological
Zone, Pudong
New District,
Shanghai, China
11.1
56.7%
133 A-REIT
Jiashan
Logistics
Centre
17 Mar 16
21.3
25.2 35,729 35,206 No. 137 Wan Tai
Road, Yao Zhuang
Town, Jia Shan
County, Zhejiang
Province, China
0.0
0.0%
Total
(Business
Park &
Logistics
Properties)
205.4
373.9 147,036 144,795
22.0^ 51.2%
Notes:
The valuation for these properties were based on Capitalisation Approach and Discounted Cash Flow Analysis.
* Purchase price excludes transaction costs.
# Acquired from Ascendas Group.
^ The total Gross Income of China Properties exclude the incentive payment for A-REIT City @Jinqiao, amounting to S$4.0 million.
.75
A-REIT ANNUAL REPORT
2015/2016
