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Investor Presentaiton

Location strategies Healthcare firms usually have abundant budgets and prefer high-quality projects in core/sought-after locations for their main offices. Business parks are hot destinations for companies to set up labs, R&D AstraZeneca 26,000 sq m North City, Hangzhou China Life Sciences – 2022 I-MAB BIOPHARMA 天境生物 12,000 sq m Zhangjiang, Shanghai ☑BeiGene 12,000 sq m CBD, Beijing centres and back offices offering industry clustering and large floorplates. Despite a small share of the citywide office demand, the healthcare industry has seen increasing office demand in recent years, up 3-5 ppts from five years ago. BAYER BAYER 10,000 sq m CBD Vicinity, Beijing mindray 2,100 sq m Dayuan, Chengdu R 瑞慈医疗 RICH HEALTHCARE 8,000 sq m Qiantan, Shanghai MSD 900 sq m Hangkong Rd, Wuhan 擎乐药集团 Leyo pharm 5,000 sq m Bio Island, Guangzhou លា 大崎健康 600 sq m Qianhai, Shenzhen Source: Savills Research, selected leasing transactions in 2021-22
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