Quill Building 1 – DHL 1

Quill Building 1 - DHL 1 is a four storey office building with a sub-basement and basement carpark. It is located about 40 kilometres by road to the south of Kuala Lumpur City Centre.

The building is accessible from Kuala Lumpur City Centre via the North-South Expressway heading to Seremban, exiting at either UPM (University Putra Malaysia) / Serdang / Kajang toll and thereafter onto highway showing directional signs towards Cyberjaya.

Surrounding the subject property are the offices of BMW, EDS, FUJITSU, HSBC and the Headquarters of Multimedia Super Corridor. Other office developments in the vicinity include the Ericsson, Wisma Shell Malaysia as well as the Malaysian Communications and Multimedia Commission. Cyberview Lodge is located to the east of the building.

*On 14 August 2008, the respective pieces of land on which Quill Building 1 - DHL 1 and Quill Building 4 - DHL 2 are situated has been amalgamated pursuant to the condition imposed by the Securities Commission during the initial public offering of the Trust. As such the valuation for Quill Building 1 - DHL 1 and Quill Building 4 - DHL 2 have been carried out based on the amalgamation. The total valuation of the 2 properties amounted RM125,000.000.

Key Statistics of Quill Building 1 - DHL 1
Address3509 & 3511,
Jalan Teknokrat 5,
63000, Cyberjaya,
Selangor.
DescriptionA four storey office building with a
sub-basement and a basement car park.
Year of completion2002
Occupancy100%
Purchase considerationRM52,100,000
Appraised value*RM126,500,000
Date of valuation31 December 2016
Net lettable area92,284 sq ft
Provisional (Surveyed) land area9,716 square metres as at the date of valuation of 24 February 2006
Land tenureTerm in perpetuity
Number of tenantsOne
Name of tenantAsia Pacific Information Services Sdn Bhd,
a wholly owned subsidiary of
DHL Worldwide Express B.V.