OUR PORTFOLIOKunshan Bacheng Logistics Park
The property is located in Kunshan, Jiangsu Province, which is a one-hour drive away from Shanghai. The property is easily accessible via Beijing-Shanghai Expressway (G2), ChangJia Expressway (G1521) and HuYi Expressway (S48). Its prime location is a favourite destination for enterprises to set up their distribution centres to cover the Shanghai and the Yangtze River Delta region.
The property comprises three blocks of single-storey warehouse and other ancillaries, with a total GFA of about 43,945 sq m. It is currently leased to one of China’s largest e-commerce giant and another leading domestic third-party logistics players.
328.0
Agreed Property Value1
(RMB Million)
99.4%
Committed Occupancy2
43,945
Gross Floor Area
(sq m)
2064
Land Use Right Expiry
1 Based on agreed property value on a 100% basis.
2 Based on all committed leases as at 31 August 2021.
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Property Details
City Kunshan, Jiangsu Province, PRC Description Three blocks of single-storey warehouses Gross Floor Area (GFA) (sq m) 43,945 Year of Acquisition 2021 Year of Completion 2017 Land Use Right Expiry 16 June 2064