EC World REIT granted USD101 million ROFR on Bei Gang Logistics properties


EC World REIT has been granted a right of first refusal (ROFR) on the stage 2 properties of Bei Gang Logistics from Forchn Holdings.

The properties are located in the west of Chongxian New City, north of Hangzhou, China.

The ROFR has been granted to EC World REIT via Hangzhou Bei Gang Logistics Co Ltd, a wholly-owned subsidiary of the REIT.

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