The Ninth Towers

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Property Information
164,788 sqm
Gross Area
59,737 sqm
Leaseable Area
94.1%
Occupancy Rate (1)

Note:

(1) As at 31 Mar 2020

Nature of Investment

  1. Leasehold rights over immovable properties for a remaining term of approximately 27 years whereas the leasehold rights will expire on 18 April 2047. These will comprise office building areas for lease, store room areas, convention room areas, common areas relating to the said areas (Tower A, 12th Floor, 14th to 36th Floor, in total of 24 floors and Tower B, 12th Floor, 14th to 34th Floor, in total of 22 floors), and parking areas relating to the said areas (4th to 10th Floor).
  2. Leasehold rights over utilities systems for a remaining term of approximately 27 years whereas the leasehold rights will expire on 18 April 2047. These will comprise electrical system, air conditioning system, sanitary system, fire extinguishment system, communication system and other systems relating and necessary for the Project Invested by CPNREIT.
  3. Ownership of movable assets, i.e. equipment for decoration, tools, instruments, whether are permanently fixed or not, including other equipment used for the purpose of decorating or facilitating users of the building and structures of the project, which are located on and/or fixed on or in the interior of the areas of the building and structures of the project, or on the internal surface of the building and structures of the project, and/or in the leased areas occupied by tenants in the building and structures of the project, including any other rights relating to or in connection with the aforementioned properties (as the case may be), excluding the properties that are component parts of the building and structures.