Singapore-Hangzhou Science & Technology Park Phase II is an integrated business park located in the heart of Hangzhou Economic and Technological Development Area. The Phase II property comprises of five R&D buildings of 11 to 15 storeys and five semi-detached standalone R&D buildings of four storeys and ancillary facilities, with a total gross floor area of 130,261 sq m and a net leasable area of 130,161 sq m. The property is in close proximity to Hangzhou Metro Line 1 and Line 8, and adjacent to Zhejiang’s largest university zone. Singapore-Hangzhou Science & Technology Park Phase II hosts a good mixture of companies in Real Estate, high-growth E-commerce, Biomedical Sciences, Information and Communication Technology sectors such as Hangzhou Yuelong Technology, Weinian Technology and Zhejiang Hebenye Enterprise Management. GROSS REVENUE RMB84.1 MILLION NET PROPERTY INCOME RMB65.9 MILLION PROPERTY VALUATION RMB1,043.0 MILLION Trade Sector By GRI (%) By Committed NLA (%) Real Estate 45.6% 56.5% Others 13.0% 9.4% Professional Services 10.2% 9.1% Fast Moving Consumer Goods 9.8% 7.4% Food 6.3% 5.0% E-commerce 5.7% 4.8% Biomedical Sciences 4.9% 4.4% Engineering 3.4% 2.5% Information and Communications Technology 0.8% 0.7% Electronics 0.3% 0.2% SINGAPORE-HANGZHOU SCIENCE & TECHNOLOGY PARK PHASE II 3.0% LEASE EXPIRY PROFILE (%) 2024 2025 2026 2027 2028 Beyond 2028 % of GRI % of Commited NLA 40.6% 10.2% 24.7% 18.8% 2.7% 41.9% 7.8% 21.7% 23.2% 2.5% 2.9% ANNUAL REPORT 2023 91 Financials Framework Portfolio Performance Leadership Overview
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