EC World REIT cuts portfolio valuation 5.2% in RMB terms, 2.3% in SGD as at 31 Dec 2025
Summary:
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EC World REIT’s manager obtained updated independent valuations from JLL for seven PRC logistics and port assets as at 31 December 2025, with total portfolio value at RMB 3.02 billion, down from RMB 3.18 billion on 30 June 2025 (‑5.2%).
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On a Singapore dollar basis, using end-period FX rates, total portfolio value fell to S$554 million from S$567 million (‑2.3%).
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Individual assets saw mostly mid-single to high-single digit valuation declines in RMB terms, led by Chongxian Port Logistics (‑8.7%), Hengde Logistics (‑8.2%) and Fuzhou E-Commerce (‑5.9%), while Chongxian Port Investment’s valuation dipped a modest 1.8%.
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In SGD terms, modest valuation decreases were recorded across the portfolio, ranging from about 1.1% to 5.9% per asset, reflecting both underlying RMB movements and exchange rate effects.
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The valuation reports, prepared by Jones Lang LaSalle Corporate Appraisal Limited, are available for inspection at the manager’s Singapore office for three months from 26 January 2026.