Page 20 - SAR141018_Forterra AR 2013

FORTERRA
ANNUAL REPORT 2013
COMMERCIAL
REAL ESTATE PORTFOLIO
18
Property Information
as at 31 December 2013
Stabilised Assets
Forterra House Beijing Logistics Park
Location Historic French
Concession, Shanghai
Beijing Airport Logistic
Park, Beijing
Type Office/Retail Logistics/Warehouse
Total GFA (sqm) 19,643 75,145
No. of Car Park Space 74 n.a
Committed Occupancy 92.9% 100.0%
Valuation (3) RMB720 million RMB338 million
Gross Revenue RMB35.3 million RMB31.1 million
Major Tenants – SPX Corporation
– SAIC Motor Group
– Forterra Trust
– Bank of Beijing
– Aixtron AG
– Taobao
– ShunFeng Express
Notes:
(1) As announced on 2 September 2013, 3,404 sqm of the retail space was secured under the head lease for a 20+10 years
lease term resulting in the expansion of the total retail GFA to 11,024 sqm.
(2) The committed occupancy includes the office component of The Place Existing only.
(3) The independent valuation analysis was undertaken by DTZ Debenham Tie Leung as at 31 December 2013.