Property Overview

Portfolio
PROPERTY

SF REIT’s property portfolio currently comprises four modern logistics properties located in Tsing Yi, Hong Kong as well as Changsha, Foshan and Wuhu, Mainland China respectively.

With a total gross lettable area (“GLA”) of 427,710 square metres (“sq.m.”), all these four modern logistics properties comprise distribution centres equipped with automatic sorting and supply chain support facilities and are strategically located within the key logistics hubs and near major airports, seaports, railways, express highways and transportation hubs in Hong Kong and Mainland China.

Asia Logistics Hub
SF Centre
Foshan Guicheng Fengtai
Industrial Park
Wuhu Fengtai
Industrial Park
Changsha Fengtai
Industrial Park

Asia Logistics Hub – SF Centre

Expiry of Lease :2061
No. 36 Tsing Yi Hong Wan Road,
Tsing Yi, New Territories, Hong Kong

160,322

Gross Lettable Area
( sq.m.)

5,660.0

Appraised Value (December 2021)
(HK$ million)

Asia Logistics Hub – SF Centre (the “Tsing Yi Property”) was completed in 2014 and is a 15-storey (plus one basement level) ramp-up modern logistics property with a total GLA of approximately 160,322 sq.m.. The Tsing Yi Property is designed for operating at a high level of throughput functioning 24-hours a day, comprising (a) a distribution centre equipped with automatic sorting and supply chain support facilities; (b) carpark spaces and warehouses; and (c) ancillary offices. It is one of the newest modern logistics properties in Hong Kong and a LEED-certified building which was granted the LEED Gold Award by the U.S. Green Building Council in recognition of the efficiency and sustainability of its design.

The Tsing Yi Property is strategically located at Tsing Yi, Hong Kong, which is a premium logistics cluster with a high concentration of logistics properties. Tsing Yi is well connected with the rest of Hong Kong, with easy access to different parts in Hong Kong within a 30-minute drive. It is adjacent to Kwai Tsing Container Terminal No. 9 (approximately 100 metres across the street) and Stonecutters Bridge offering easy access to arterial roads and major business districts and is well connected to Hong Kong International Airport (approximately 19 kilometres away).

Foshan Guicheng Fengtai Industrial Park

Expiry of land use right :2049
The northern side of Guanli Road and the western side of Guihe Road,
Nanhai District, Foshan City, Guangdong Province, PRC

84,951

Gross Lettable Area
( sq.m.)

486.4

Appraised Value (December 2021)
(RMB million)

Foshan Guicheng Fengtai Industrial Park (the “Foshan Property”) was completed in 2021 and is a modern logistics property with a total GLA of approximately 84,951 sq.m.. The Foshan Property comprises (a) a ramp-up three-storey distribution centre and (b) an ancillary building. The Foshan Property is equipped with intelligent technology and built-to-suit facilities, such as automatic sorting and supply chain support facilities, to house the needs of its logistics tenant.

The Foshan Property is located in the Nanhai District of Foshan, PRC, which is part of the Greater Bay Area. Logistics properties in Foshan are concentrated in the Nanhai District due to its convenience and economic prosperity. The Foshan Property is one of the largest modern logistics properties in the Nanhai District of Foshan. The Foshan Property is close to Foshan First Ring Road, and approximately 15 kilometres way from Foshan Shadi Airport, 17 kilometres away from Foshan West Railway Station, 23 kilometres away from Guangzhou Railway Station which is the largest high-speed railway station in the Southern Mainland China, and 28 kilometres from Guangzhou Baiyun Airport which is one of the biggest aviation transportation hubs in Mainland China.

Wuhu Fengtai Industrial Park

Expiry of land use right :2066
No. 61 Longteng Road, Jiujiang District,
Wuhu City, Anhui Province, PRC

62,382

Gross Lettable Area
( sq.m.)

234.1

Appraised Value (December 2021)
(RMB million)

Wuhu Fengtai Industrial Park (the “Wuhu Property”) was completed in 2019 and is a modern logistics property with a total GLA of approximately 62,382 sq.m.. It comprises (a) two single-storey high standard warehouses; (b) a two-storey distribution centre equipped with automatic sorting and supply chain support facilities; (c) a research and development building; and (d) two ancillary buildings. The Wuhu Property is positioned as a modern logistics property to meet various commercial needs of the tenants.

The Wuhu Property is located in the Jiujiang Economic Development Area in PRC, being the political, cultural and financial centre of Wuhu and a core logistics cluster in Yangtze River Delta Economic Region.  The Wuhu Property is one of the largest modern logistics properties in Wuhu. It is approximately (i) six kilometres from Wuhu East High Speed Railway Station; (ii) ten kilometres from Wuhu International Cargo Port; and (iii) two kilometres from Ningwu Highway which connects the north and south parts of the Yangtze River Delta Economic Region.

Changsha Fengtai Industrial Park

Expiry of land use right :Between 2066 and 2068
No. 102 Hexin Road, Huangxing Town,
Changsha City, Hunan Province, PRC

120,055

Gross Lettable Area
( sq.m.)

550.4

Appraised Value (March 2022)
(RMB million)
Changsha Fengtai Industrial Park (the “Changsha Property”) was completed between 2019 and 2021 and is a modern logistics property with a total GLA of approximately 120,055 sq.m.. It comprises (a) a ramp-up two-storey distribution centre; (b) a three-storey warehouse with two underground levels; (c) two single-storey warehouses; (d) a nine-storey office building; and (e) three ancillary buildings. The Changsha Property is positioned as a modern logistics property to meet various commercial needs of the tenants.

The Changsha Property is located at Changsha Linkong Economic Development Zone, which is a typical airport and high-speed rail linkage area within the Hunan Province. The vicinity is in close proximity to major infrastructure including the airport, Beijing – Hong Kong – Macau Expressways, the Ring Expressway, Changliu Expressway, Changsha South Railway Station, and Hunan Changsha Hongxing Agricultural and Sideline Products Market.