BMW Asia Technology Centre PTP Johor

 



 

 

This state of the art facility is leased to BMW Germany and serves as the main distribution hub for all BMW parts from Germany to the Asia Pacific. It has capacity to expand already designed in to the premises layout.

Port of Tanjung Pelepas (PTP) is situated adjacent to the port and terminal and covers an area of about 1,000 acres. This is segmented into different zones depending on the type of activities carried out and some 400 acres has been designated as Free Commercial Zone (FCZ) reserved for distribution, logistics, and warehousing activities ideal for consolidation, International Procurement Centres, regional distribution centers, and distribution services. The BMW Asia Technology Centre is located in this Zone.

The property features a modern office area complete with an office lift and high quality office fitout. The warehouse has ample loading docks, state of the art racking including a climate controlled section. It is maintained to the highest standards as demanded by BMW Germany.

 

PURCHASE PRICE
RM27,000,000

APPRAISED VALUE
RM30,376,000

GROSS REVENUE
RM3,871,000

 

CATEGORY
Office Warehouse

ACQUISITION
DATE

30 April 2008

NUMBER OF
TENANTS

1

LAND AREA
428,630 sq ft
[39,820 sq m]

NET LETTABLE
AREA

161,474 sq ft
[15,001 sq m]

AVERAGE OCCUPANCY
100%

TITLE
Leasehold for 99 years
expiry on 22 May 2099

AGE OF BUILDING
12 years

ADDRESS
Lot D21, Jalan Tanjung A/3,
Distripark A,
Port of Tanjung Pelepas,
81560 Johor

MAJOR TENANTS
BMW Asia Technology Centre
Sdn Bhd