ExpertREITisplanningtoacquireanewlycompletedMICEinShahAlamtobeinjectedintheirinvestmentportfolio.Uponnegotiation,thevendorhasagreedtoconsidersaleandleasebackforaperiodof20yearswitharentreversionevery5yearswithincrementalrentofabout12.5%.Thevendor then will maintain and upkeep the entire MICE for the agreed period except quit rent,assessment, fire insurance and main structural repairs. The similar segment market yield isobservedabout7%.ThefollowinginformationisrevealedforevaluationofInvestmentValueforfreeholderinterest.

Gross RentalRateRM/psfp.m	2.50
NetLettable Area,sqft	250,000
FireInsuranceRM/ p.a	45,000
QuitRentRM/ p.a	18,000
AssessmentRM/ p.a	380,000
StructuralRepairsRM/p.a	600,000
ObservedMarketRentalRM/psfp.m	2.60
CostIncrementalRM/perterm	5.50%
VoidAllowance,months	1.50