China's Leading Office Landlord

  • High Quality Asset - Holding 1.3 million sqm of prime location office buildings in Beijing and Shanghai
  • Outstanding Operation Performance - The occupancy of SOHO projects recovering faster than market
    average
  • Stable Cash Flow - The diverse and healthy tenant mix enabling a stable rental income
  • Sound Financial Position - Low gearing ratio and healthy debt maturity profile, reducing financial risk

1

Results Summary

  • Rental Income up 3% YoY
  • Profit from leasing business significantly improved compared with same period last year
  • Average occupancy across stabilized properties recovered to 90%
  • Leeza SOHO's occupancy 74% at the end of June 2021
  • Net gearing ratio and average funding cost remained low at 43% and 4.7% respectively

2

Holding prime location office buildings in Beijing and Shanghai

  • The office buildings in prime locations of Beijing and Shanghai have displayed their scarcity
  • Stable rental income as office accounts for major proportion in the portfolio
  • All projects completed in 2020, with low uncertainty and outstanding value protection

Location

Type

Status

12%

33%

44%

56%

67%

88%

Beijing

Shanghai

Office

Retail

Stablized

Ramping-up

3

Holding prime location office buildings in Beijing and Shanghai

Wangjing SOHO

Leeza SOHO

Qianmen Avenue

Galaxy SOHO

Guanghualu SOHOII

4

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Disclaimer

SOHO China Ltd. published this content on 19 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2021 07:33:01 UTC.