SOHO-全年IR-20150304

1

Chinas leading prime office landlord focused exclusively in Beijing and

Shanghai.

Timely completion of four IPs with a total GFA of 644,500 sq.m. in 2014.

Respectable rental income growth in 2014, up 51.7% YoY; rich new IP

pipeline to drive future rental growth in 2015 and beyond.

Stringent control over group overhead costs and property expenses.

Prime office assets support further NAV expansion.

Focus on shareholder value: counter-cyclical investment approach, high

dividend yield and good corporate governance.

SOHO 3Q a highly scalable business that meets the rapidly rising demand

for short-term coworking space.

Summary

Note: 1. IP means Investment Property in this presentation.

2

Content

Page #

SOHO China Overview 3

2014 Financial Performance 10

Investment Property Portfolio Update 14

Capital Management 31

Green Initiatives 34

Company Outlook 37

SOHO 3Q Introduction 39

Appendix 1 Beijing and Shanghai Office Market Update 56

Appendix 2 Map of Beijing and Shanghai 58

Appendix 3 SOHO China IP Profile 60

Appendix 4 Pictures of Four Projects Completed in 2014 64

3

SOHO China Overview

2.95

9.60

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2007 2008 2009 2010 2011 2012 2013 2014

HK

D/s

hare

4

Listed on the HKSE on 8 October 2007 (Stock Code 410.HK).

Total return since listing in 2007: +16.4% CAGR.

Consistent dividend policy with an average yield of 5.3% over the past five years.

Current dividend yield is 5.7%.

Significant Shareholder Value Creation Since Listing

0.12 0.14

0.12 0.12 0.12 0.10 0.10

0.20

0.14 0.11 0.13 0.13 0.13

0

0.05

0.1

0.15

0.2

0.25

0.3

2007 2008 2009 2010 2011 2012 2013 2014

Interim DPS Final DPS

DP

S R

MB

/Share

Note: 1. Total return = increase in book NAV + dividend paid.

2. Based on 2014 full year DPS and stock closing price on 27 Feb 2015.

Total DPS = RMB1.66/share since listing

SOHO Chinas Business Model

5

Transitioned in 2H 2012 - From build-to-sell to build-and-hold model.

Brand - SOHO China is one of the most recognizable brands in China.

Design hire leading international architects to create innovative landmarks.

Asset Management Asset Investment Capital Management

Increase occupancy rate

Refine tenant mix Improve property

management services

Control property expenses

Energy conservation and air purification

Counter-cyclical investment strategy

Identify attractive investment opportunities in Beijing and

Shanghai

Average investment hurdle rate of 10% (yield-on-cost)

Streamline investment property portfolio and recycle capital

New generation office - SOHO 3Q

Strong credit ratings (Ba1/BB+) and low

funding cost

Diversified funding sources

Extend debt maturity Minimize currency and

interest rate risks at

reasonable costs

6

The largest Hong Kong-listed prime office landlord in Beijing and Shanghai.

We focus exclusively in the two cities.

Has an aggregate office portfolio of 1.7 million sq.m., representing

approximately 5.9% of the total Grade A office inventory in the two cities.

Leading Office Landlord in Beijing and Shanghai

Note: 1. By Total GFA, excluding the pure retail project Qianmen Avenue.

2. By above-ground total GFA of grade A office space as of 31 Dec 2014.

3. Completed and currently under construction attributable office GFA in Beijing and Shanghai.

4. By Leasable/ Saleable GFA.

1.70

0.84

0.54

0.31 0.31 0.28 0.19 0.16 0.15 0.11

-

0.20

0.40

0.60

0.80

1.00

1.20

1.40

1.60

1.80

SOHO

China

Shui On

Land*

Franshion

Properties

Hui Xian

REIT*

COLI Kerry

Properties

CR Land* Hang Lung

Properties

Spring REIT Swire

Properties

Tota

l G

FA

sq.m

.

4

4 4

7

Four Projects Completed in 2014

Wangjing SOHO Beijing (Sep 2014) Guanghualu SOHO II Beijing (Nov 2014)

SOHO Fuxing Plaza Shanghai (Sep 2014) Sky SOHO Shanghai (Nov 2014)

Fully Leased Leasing

Leasing 87% Leased

Note: 1. As of 27 Feb 2015, including SOHO 3Q.

8

47% of Investment Properties Have Been Completed

Investment Property Completion Schedule

Under Construction Completed

(000 sq.m. Total GFA):

Before 2014 New Completion 2014 2015 2016 2018

193.7 644.5 480.0 170.0 320.0

1.8 m sq.m.

18%

82%

100%

2014 2015 2016 2018

53%

47% 28%

72%

Note: 1. By Total GFA, including pure retail project Qianmen Avenue.

9

Proven Leasing and Property Management Track Record

Leased over 4.1 million sq.m. to date.

Currently managing over 3.3 million sq.m..

Holding approximately 1.8 million sq.m. of investment properties.

* Projects currently not managed by SOHO.

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Before 2009 2009 2010 2011 2012 2013 2014 2015 2016 2018

Note: 1. By Total GFA, including pure retail project Qianmen Avenue.

10

2014 Financial Performance

11

The decline in turnover and net profit in 2014 was driven by the reduction in

property sales.

Rental income grew strongly by 51.7% YoY to RMB424 million.

Further RMB3.1 billion pre-tax valuation gain on IPs in 2014.

2014 total DPS of RMB0.25/share remains unchanged from 2013.

2014

RMB million

2013

RMB million

% Change

YoY

Turnover 6,098 14,621 -58.3%

Rental income 424 279 +51.7%

Property development 5,674 14,342 -60.4%

Gross profit 3,078 8,114 -62.1%

Gross profit margin 50.5% 55.5% -5.0 ppt.

Valuation gains on investment properties 3,125 4,220 -25.9%

Net profit 4,080 7,388 -44.8%

Core earnings (excluding valuation gains on investment properties) 1,778 4,440 -60.0%

Basic EPS (RMB/Share) 0.781 1.492 -47.7%

DPS (RMB/Share) 0.25 0.25 -

Interim DPS 0.12 0.12 -

Final DPS 0.13 0.13 -

2014 Results Reflect the Change in Business Model

12

2014 Consolidated Balance Sheet

31 Dec 2014

RMB million

31 Dec 2013

RMB million

Current Assets 17,731 22,012

Non-current Assets 59,088 55,811

Of which: Investment Properties 52,875 48,728

Total Assets 76,819 77,823

Current Liabilities 11,517 19,251

Non-current Liabilities 24,842 20,086

Total Liabilities 36,359 39,337

Net Assets 40,460 38,486

Cash and Bank Deposits 12,478 10,650

Interest Bearing Debt 20,262 17,070

Net Debt 7,784 6,420

Net Gearing Ratio (%) 19.2% 16.7%

Interest Coverage Ratio (x) 6.6x 10.1x

Average Interest Rate (%) 5.7% 6.3%

Book NAV per share (RMB) 7.58 7.08

Book NAV per share (HKD) 9.60 9.00

Note: 1. Net gearing ratio = net debt/net asset

2. Interest coverage ratio = EBITDA/gross interest expense

13

Net gearing ratio remained low at 19% as of 31 December 2014 (17% as of 31 December 2013).

Disposed of three projects in Shanghai for a total consideration of RMB8.3 billion .

Cash on hand of over RMB 12.5 billion, more than sufficient to fund the RMB7.9 billion CAPEX required to

complete all the IPs currently under construction.

Healthy interest coverage ratio of 6.6x.

Low Net Gearing Ratio and Sufficient Cash Reserves

148%

111%

96%

77%

67%

66%

57%

45%

44%

39%

31%

29%

28%

19%

0% 25% 50% 75% 100% 125% 150%

Evergrande

R&F

Agile

Greentown

Country Garden

Shui On

Shimao

Franshion

Sino Ocean

CR Land

Vanke-A

Kerry

COLI

SOHOSOHO China

Note: 1. For the year ended 31 Dec 2013.

2. For the year ended 31 Dec 2014.

Source: Company reports

14

Investment Property Portfolio Update

15

Quality Investment Property Portfolio

# of

Projects

Status/

Completion Date

Project

Name City Interests

Total planned

GFA

Leasable

GFA Office Retail Hotel

Valuation

Dec 14

% sq.m. sq.m. sq.m. sq.m. sq.m. RMB Million

1 Completed Qianmen Avenue Beijing 100% 54,700 54,691 54,691

2 Completed SOHO Century Plaza Shanghai 100% 59,000 42,954 42,522 432

3 Completed Wangjing SOHO T3 Beijing 100% 170,000 127,894 123,568 4,326

4 Completed Guanghualu SOHO II Beijing 100% 166,000 95,906 64,032 31,874

5 Completed Sky SOHO Shanghai 100% 171,500 128,128 102,964 25,164

6 Completed SOHO Fuxing Plaza Shanghai 100% 137,000 88,328 57,039 31,289

Others Beijing/

Shanghai 100% 80,000 62,349 23,888 38,461

7 Under Development/

May 2015 Bund SOHO Shanghai 90% 130,000 75,475 51,615 23,860

8

Under Development/

August 2015

Hongkou SOHO Shanghai 100% 96,000 65,069 60,729 4,340

9

Under Development/

November 2016

SOHO Tianshan Plaza Shanghai 100% 170,000 111,684 72,643 15,139 23,902

10

Under Development/

November 2018

SOHO Leeza Beijing 100% 170,000 124,000

11

Under Development/

December 2018

Gubei Project Shanghai 100% 150,000 105,476

1,554,200 1,081,954 52,875

12

Joint-Controlled

Entity/

December 2015

8-1 Project Shanghai 50% 213,000 145,485

13 Completed Commune by the Great Wall Beijing 100% 30,714 30,714

Total 1,797,914 1,258,153

Note: 1. Please refer to Map on Page 58 and 59 for locations.

2. Including office and retail spaces of three projects: The Exchange SOHO, Wangjing SOHO Tower 1 and 2, and Galaxy SOHO.

3. Except for Qianmen Avenue, this represents functional retail space which focuses on the provision of daily necessity services to the office tenants.

4. These represent the GFAs attributable to the Company.

4 4

16

The total value of SOHO Chinas IPs amounted to RMB52.9 billion as of 31

December 2014.

Property Valuation Methodology

IP Type Completed Under Construction

CBRE

Valuation

Methodology

Market approach Cost approach

Income capitalization

Rates used:

Office: 4.70% 6.00%

Retail: 4.75% - 6.00%

Residual method

Note: 1. The above capitalization rates adopted in 2014 were similar to those in 2013.

17

SOHO Chinas Unique Leasing Model

Real-time, real-price online leasing platform; no exclusive leasing agents, no brokers. Standardized terms on Payment and Lease contract. Target fast growing domestic companies.

18

Standardized Leasing Terms - Office

Beijing Shanghai

Tenancy 2-5 years

Security Deposit 2 months 3 months

Rental Payment Terms Every 3 months Every month

Built-in

Rental Rate Step-ups 15% from the 4th year onwards

Rent Free Period 2 months for office space 2,000sq.m.

19

Source: Savills

Beijing Rental Demand Breakdown Beijing Rental Demand CAGR (2008 - 2014)

Shanghai Rental Demand Breakdown Shanghai Rental Demand CAGR (2008 - 2014)

Domestic Tenants the Key Growth Driver in Both Cities

27%, 1,686

70%, 6,522 73%, 4,559

30%, 2,795

0

2,000

4,000

6,000

8,000

10,000

2008 2014

Domestic Foreign

,00

0 L

ett

ab

le G

FA

sq

.m.

9,317

6,245 Total

Market, +6.9%

Domestic Tenants, +25.3%

Foreign Tenants,

-7.8%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

Supported by the strong branding, our tenant base mainly consists of domestic companies.

12%, 409

34%, 3451

88%, 3000

66%, 1778

0

1,000

2,000

3,000

4,000

5,000

6,000

2008 2014

Domestic Foreign

,00

0 L

ett

ab

le G

FA

sq

m

3,409

5,229

Total Market , +7.4%

Domestic Tenants, +27.8%

Foreign Tenants, +2.4%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

20

Clean Air Enhances Leasing

The first commercial developer in China to provide PM2.5 free air in all developments built since 2012.

An important feature to attract tenants in Beijing and Shanghai, both suffer from PM2.5 pollution.

Enhances property value.

75 g/m 35 g/m

0

100

200

300

400

500

25-Mar-2014 25-Apr-2014 25-May-2014 25-Jun-2014 25-Jul-2014 25-Aug-2014 25-Sep-2014 25-Oct-2014 25-Nov-2014 25-Dec-2014

Outdoor PM2.5 Reading Wangjing SOHO Indoor PM2.5 Reading

Chinese Stardard - limit of average concentration in 24 hours US stardard - limit of average concentration in 24 hours

75 g/m

35 g/m

0

50

100

150

200

16-Aug-2014 15-Sep-2014 15-Oct-2014 14-Nov-2014 14-Dec-2014

Outdoor PM2.5 Reading SOHO Fuxing Plaza Indoor PM2.5 Reading

Chinese Stardard - limit of average concentration in 24 hours US stardard - limit of average concentration in 24 hours

21

Strategy on Retail Spaces

Retail spaces normally account for 20-25% of the total leasable GFAs of our office buildings. Functional retail services cater to our office tenants. In view of a difficult retail market, we are converting certain retail spaces into office spaces

or SOHO 3Q offices.

Actual Pictures of Retail Spaces in SOHO China IPs

22

High Potential for Positive Rental Reversions

Rental rates rise significantly after the completion of first-round leasing.

Wangjing SOHO Tower 3s rental rate grew 26% during its first-round

leasing in 10 months due to high demand.

Note: 1. Prevailing market rate.

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

The Exchange SOHO SOHO Century Plaza Wangjing SOHO Tower 3

Initial Rent Passing Rent as of 31 Dec 2014 Spot/Market Rate

RM

B/s

q.m

./d

ay

23

Overall rental income grew significantly by 51.7% YoY to RMB424 million in

2014.

Improvement in average occupancy rates of SOHO Century Plaza and

Qianmen.

New rental contribution from Wangjing SOHO Tower 3 and SOHO

Fuxing Plaza; both IPs were completed in 2H2014.

Robust growth in rental income during 2015 is expected.

Guanghualu SOHO II and Sky SOHO to begin to generate meaningful

rental income.

Bund SOHO and Hongkou SOHO to be completed in May and August

of 2015 respectively.

Strong Momentum in Rental Growth

24

Rental Income Breakdown

Project

Name

Completion

Date

Leasable

GFA

Rental

Income

2014

Rental

Income

2013

YoY

Change

Occupancy

Rate

31 Dec 2014

Occupancy

Rate

31 Dec 2013

sq.m. RMB Million RMB Million % % %

Tiananmen South (Qianmen) 2010/2012 35,317 108 82 31.7% 76.2% 65.4%

SOHO Century Plaza 2012 42,954 108 87 24.1% 94.5% 99.0%

Wangjing SOHO Tower 3 Sep 2014 127,894 48 N/A N/A 68.9% N/A

SOHO Fuxing Plaza 1 Sep 2014 88,328 31 N/A N/A 64.4% N/A

Sky SOHO Nov 2014 128,128 2 N/A N/A 7.3% N/A

Guanghualu SOHO II Nov 2014 95,906 N/A N/A N/A 6.0% N/A

Others 63,390 127 110 15.5%

Total 581,917 424 279 51.7%

Note: 1. Spot/Market rental rates for Wangjing SOHO Tower 3 and SOHO Century Plaza have reached RMB 7.7/ sq.m./day and RMB 9.0/sq.m./day respectively.

2. Others represent unsold units of projects previously developed by the Company.

3. Fully leased as of 27 Feb 2015, including SOHO 3Q.

4. 87% of occupancy rate as of 27 Feb 2015, including SOHO 3Q.

3

4

1

2

25

Qianmen Avenue

Location Qianmen Avenue, Tiananmen South, Beijing

Transportation Subway lines 1 & 2

All-in Cost RMB 1.7bn (RMB 31,084/sq.m.)

Total GFA Retail 54,700 sq.m.

Lettable GFA Retail 54,691 sq.m.

Occupancy Rate 76.2%

Design Firm Fei Chang Jian Zhu

Tenant Mix (by GFA)

Lease Expiration Profile (by GFA)

Note: 1. Occupancy rate as of 31 Dec 2014.

Tourism/ Experience,

32%

Restaurant /Cafe, 28%

Retail , 27%

Others, 8%

Services, 5%

2016, 4%

2017, 17%

2018, 14%

2019, 40%

To Be Leased,

24%

26

SOHO Century Plaza

Location Near Lujiazui, Pudong, Shanghai

Transportation Subway lines 2, 4, 6 & 9

All-in Cost RMB 1.97bn (RMB 45,879/sq.m.)

Total GFA 59,000 sq.m.

Lettable GFA 42,954 sq.m.

Office 42,522 sq.m.

Retail 432 sq.m.


Design Firm AIM Architecture


Finance/ Insurance,

83%

Legal, 7%

Others, 4%

Tech/ Internet , 3%

Energy, 2%

Trade, 1%

Tenant Mix (by GFA)


2016, 35%

2017, 51%

2018, 6%

After 2020 , 2%

To Be Leased , 6%

27

Wangjing SOHO Tower 3

Location Wangjing, Beijing

Transportation Subway lines 13 & 15; Airport Express

Land Cost RMB 1.4bn (RMB 10,229/sq.m.)

Est. Development Cost RMB 1.2bn (RMB 9,127/sq.m.)



Office 123,568 sq.m.

Retail 4,326 sq.m.


Latest Occupancy Rate Fully Leased

Completion Date Sep 2014

Design Firm Zaha Hadid Architecture


2. Occupancy rate as of 27 Feb 2014, including SOHO 3Q.

Tenant Mix (by GFA)


Tech/ Internet , 71%

Finance/ Insurance,

13%

Others, 9%

Medicine, 1%

Legal/ Consultancy,

1%

Trade, 1%

2017, 5%

2018, 9%

2019, 46%

2020, 9% To Be

Leased, 31%

28

SOHO Fuxing Plaza

Location Near Xintiandi, Puxi, Shanghai






Office 57,039 sq.m.

Retail 31,289 sq.m.


Latest Occupancy Rate 86.8%

Completion Date Sep 2014

Design Firm GMP

Tenant Mix (by GFA)


Finance/

Insurance, 36%

Medicine, 22%

Retail , 13%

Legal/ Consultancy,

9%

Tech/ Internet , 7%

Media/ Marketing ,

6%

Trade, 4%

Others, 2%

Energy, 1%

2017, 17%

2018, 14%

2019, 16%

2020, 9%

After 2020, 9%

To Be Leased,

36%


2. Occupancy rate as of 27 Feb 2014, including SOHO 3Q.

29

Financial Institutions

Consumer and Fashion

Service and Others

Consulate Generals

France Germany Pakistan Turkey

Electronics, Technology and Entertainment

Selected SOHO China Office Tenants

30

Financial Institutions

Consumer and Fashion

Food and Beverage

Electronics, Technology and Entertainment

Selected SOHO China Retail Tenants

31

Capital Management

32

Diversified Funding Sources

Capital Management

Offshore Onshore

Total Interest-bearing

Debt

Syndicated/Bilateral

Loans

High Yield

Bonds

Construction

Loans

Operation

Loans

RMB20.3 billion

4 - 5 years

at Libor/Hibor + margin

5-year US$600m

5.75% due Nov 2017

3 - 5 years

at PBOC prime rate

10 - 15 years

at PBOC prime rate

10-year US$400m

7.125% due Nov 2022

Debt Currency Profile Debt Type Profile

28%

18%

54%

RMB HKD USD

Debt Interest Rate Split

Note: Total interest-bearing debt amounted to RMB20.3 billion as of 31 Dec 2014.

42%

58%

Fixed Rate Floating Rate

30%

43%

28%

High Yield Bonds Offshore Bank Loans

Onshore Bank Loans

We plan to gradually reduce exposure to USD debt due to uncertainty with the direction of USD/RMB exchange rate.

33

Lowest Funding Cost Amongst Peers

Note: 1. Including major listed non-state owned PRC developers.

2. 2013 gross interest expense (including capitalized interest expenses) / average debt balance as of 31 December 2012 and 2013

3. SOHO Chinas effective interest rate is for the year ended 31 Dec 2014.

Source: Company reports

Effective Interest Rate (%)

9.6 9.3

9.0 8.8 8.7

8.3 8.2 8.0

7.6

5.7

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

Evergrande Vanke Greentown Shimao CountryGarden

R&F Shui On Agile Longfor SOHO ChinaSOHO China

34

Green Initiatives

35

Since 2009, all our developments have received Silver or Gold certifications

from the LEED rating system of the US Green Building Council (USGBC).

Since 2013, indoor air quality in our new buildings has surpassed:

the standard in the PRC at all times and in the US for 90% of the time.

Environmentally Conscious Developer

36

Energy Conservation Reduces Cost by Up To 30%

In October 2013, we established the SOHO China Energy Conservation Center

to monitor energy consumption of our buildings and identify areas of

potential energy savings.

Target 30% energy savings for all SOHO Chinas newly-built projects.

11.4

51.5

63.1 69.7

74.1 83.5

0

10

20

30

40

50

60

70

80

90

2014 2015 2016 2017 2018 2019

Estimated Energy Savings

mill

ion

kw

h /

ye

ar

8.0

36.0

44.2

49.0 52.0

58.4

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

2014 2015 2016 2017 2018 2019

Estimated Cost Savings

RM

B m

illio

n/y

ea

r

37

Company Outlook

38

Chinas Leading Prime Office Landlord

Note: 1. Share price as of 27 Feb 2015.

2. Book NAV as of 31 Dec 2014 and RMB/HKD exchange rate as of 31 Dec 2014.

3. Consensus estimate of equity research analysts

Strong growth in recurring rental income; stringent cost controls.

Prime office properties in Beijing and Shanghai with strong appreciation potential.

Disciplined investment approach.

Track record of good corporate governance.

Consistent dividend policy; 5.7% dividend yield.

42% Discount

5.55

9.61

10.61

0.00

2.00

4.00

6.00

8.00

10.00

12.00

Share Price Book NAV Per Share Estimated NAV Per Share

HK

$ S

hare

48% Discount

39

SOHO 3Q Introduction

What is the SOHO 3Q Concept

41

Coworking is sweeping the world

42

you can rent a single desk (1,000/person/week)

43

you can rent week-to-week

44

and enjoy FREE amenities like:

Wi-Fi, Coffee, Conference Rooms, Pan Apples and more

45

you just need to bring your computer or mobile phone

46

and book a space with: any device, anytime, anywhere

47

and pay for your space directly on your device.

48

What are SOHO 3Qs Current and Future Plans

49

The Evolution of Mobile Workers Office Choices

52

EVOLUTION OF OFFICE CHOICES FOR MOBILE WORKERS

Notes: 1. Workspace tenants typically sign leases with rolling three-month break options 2. In the future, possible that SOHO 3Q will partner with VC companies where they would invest in 3Q tenants. SOHO China/3Q would not invest its own money 3. Regus Annual Report 2013 4. Servcorp has 4,275 individual offices. 21,375 seat number is an estimate using a blended average of 5 seats per office 5. Microsoft Accelerators is a division of Microsoft and does not break-out revenue or valuation metrics for analysis 6. Workspace Revenue number also includes ~10 industrial buildings. 30,000 seats is based upon comments by executive about customers 7. Based on most recent round of fundraising, Dec-2014 8. 2015YE Estimates. Revenue estimate is full year run-rate at 12 offices at full capacity of 8,000 members and current pricing levels blended between offices and desks

1980sServiced

Offices

1980sServiced

Offices

2000sIncubator

Spaces

NACoworking

Spaces

2010Coworking

Spaces

2015Coworking

O2OCurrently NA

2

53

1,8453 US$2,370mn 304,7743 US$2.9bn US$9,515

122 US$191mn 21,3754 US$470mn US$21,988

10 NA5 NA5 NA5 NA5

84 US$42mn6 30,000E6 US$857mn US$28,566

23 US$150mn 14,500 US$5.0bn7 US$344,828

108 US$83mn8 8,0008 ? ?

Download Link: http://tinyurl.com/3QITunes

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Download Link: http://tinyurl.com/3Qandroid

Visit www.SOHO3Q.com to:

Set-up a Tour, Book an Office, and Find Out More!

Scan QR Code to Download

APP:

Download the app at the following locations:

Any questions, please contact: [email protected]

54

http://tinyurl.com/3Qiosapp

55

Appendix

56

Beijing and Shanghai are Chinas only true global cities, on par with major

international cities, with the deepest and largest office markets in China.

Appendix 1 Beijing and Shanghai Office Market Update

Source: Savills Office Research, 4Q 2014.

Beijing Shanghai Shenzhen Guangzhou Tianjin Shenyang Chengdu Chongqing

Prime Office rents

(RMB/sq.m./day) 10.4 8.6 7.3 5.0 4.7 4.5 3.3 3.6

Vacancy 4.8% 8.6% 8.3% 11.9% 27.3% 29.7% 30.0% 35.4%

Market Size

(million sq.m.) 9.8 5.7 4.5 3.5 0.6 0.9 1.9 1.0

London Hong Kong Tokyo Singapore New York Frankfurt Chicago Sydney

Prime Office rents

(RMB/sq.m./day) 25.6 16.4 15.3 14.7 14.0 9.3 7.1 6.4

Vacancy 4.0% 3.3% 3.2% 3.6% 12.7% 11.6% 14.9% 9.0%

Market Size

(million sq.m.) 9.1 7.2 12.2 2.5 18.7 12.0 6.1 4.9

57

Note: Savills Office Research, 4Q 2014.

Beijing Shanghai

Rental rates have stablized at high levels amid low vacancy rates in both cities.

Appendix 1 Beijing and Shanghai Office Supply and Demand

0%

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Appendix 2 - Map of Beijing

59

Appendix 2 - Map of Shanghai

Appendix 3 SOHO China Beijing IP Profile

60

Guanghualu SOHO II SOHO Leeza

Location Between Southwest 2nd & 3rd Ring Road

Transportation Subway lines 14 & 16 (in planning)





Office TBD

Retail TBD

Completion Date Nov 2018


Location CBD






Office 64,032 sq.m.

Retail 31,874 sq.m.


Design Firm GMP

Appendix 3 SOHO China Shanghai IP Profile

61

Sky SOHO Hongkou SOHO

Location Hongqiao Linkong Economic Zone

Transportation Subway lines, high speed rail, airport





Office 194,439 sq.m.

Retail 33,857 sq.m.



Location Sichuan North Road, Hongkou

Transportation Subway lines 3, 4 & 10





Office 60,729 sq.m.

Retail 4,340 sq.m.

Completion Date Aug 2015

Design Firm Kengo Kuma & Associates


62

Bund SOHO Bund 8-1

Location Bund, Shanghai

Transportation Bund's multi-dimensional

transportation hub





Office 51,615 sq.m.

Retail 23,860 sq.m.

Completion Date May 2015

Design Firm GMP

Location Bund, Shanghai

Transportation Bund's multi-dimensional

transportation hub




Lettable GFA 145,485 sq.m.*

Office 95,000 sq.m.

Retail 45,796 sq.m.

Culture Center 4,689 sq.m.

Completion Date Dec 2015

Design Firm Foster+Partners

* Attributable to the Company


63

SOHO Tianshan Plaza Gubei Project

Location Hongqiao Foreign Trade Center

Transportation Subway line 2





Office 72,643 sq.m.

Retail 15,139 sq.m.

Hotel 23,902 sq.m.


Design Firm KPF

Location Hongqiao Foreign Trade Center

Transportation Subway line 2




Lettable GFA Office & retail 105,476 sq.m.

Completion Date Dec 2018

Design Firm KPF

Appendix 4 Investment Property Gallery

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SOHO-全年IR-20150304

Documents

office space

office inventory

prime office landlord

leading office landlord

shanghai office market

soho china overview

total dps

aggregate office portfolio