Eda Group Holdings signs 130-month lease for New Jersey warehouse facility

Reuters

Mar 08

Eda Group Holdings signs 130-month lease for <a href="https://laohu8.com/S/NJR">New Jersey</a> warehouse facility

Eda Group Holdings Ltd. has entered into a major lease transaction for a logistics facility in the United States, securing about 457,159 square feet at 203 Route 73 S in Palmyra, New Jersey. The 130-month lease, signed on March 6, 2026 (U.S. time), carries aggregate base rent of roughly US$62.8 million over the term, plus additional rent for operating costs, utilities, taxes and insurance. The company expects to recognize approximately US$45.5 million in right-of-use assets under HKFRS 16 and plans to use the premises as a self-operated warehouse to expand its U.S. logistics footprint.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eda Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260308-12044886), on March 08, 2026, and is solely responsible for the information contained therein.

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Eda Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Informat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1257":"货物陆运","02505":"EDA集团控股"},"translate_title":"Eda Group Holdings签署新泽西州仓库设施130个月租约","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02505":0.9},"content_text":"Eda Group Holdings signs 130-month lease for New Jersey warehouse facility\n    \n\n        Eda Group Holdings Ltd. has entered into a major lease transaction for a logistics facility in the United States, securing about 457,159 square feet at 203 Route 73 S in Palmyra, New Jersey. The 130-month lease, signed on March 6, 2026 (U.S. time), carries aggregate base rent of roughly US$62.8 million over the term, plus additional rent for operating costs, utilities, taxes and insurance. 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