Case Study: 

The 214,284-sqm property has a three-storey warehouse and two 14-storey support buildings.

Singapore-listed EC World REIT has proposed to acquire Fuzhou e-commerce for $220.97m (RMB1.11b) from its sponsor, which will be fully funded by debt.

The 214,284-sqm property comprises a three-storey warehouse with a single-storey basement and two 14-storey office and support buildings which are primarily office spaces for auxiliary use and for dormitory purposes. The asset sits on 88,000 sqm of land with land tenure of a further c.40 years, ending 2 May 2059.

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