Basic Profile & Key Statistics

• Main Sector(s): Retail
• Country(s) with Assets: China
• of Properties (exclude development/associate/fund): 4

Performance Highlight In SGD terms, EMA rental income, distributable income and DPU have increased yoy mainly due to RMB appreciation against SGD. Sales The sales have declined due to buying sentiments weakened after outbreaks of COVID19 across cities in China in early March 2022. The sharp sales decline for Kunming outlet yoy is due to inter-city travel restrictions and supply-chain disruptions due to lockdowns in Shanghai & some major logistical hubs in Quanzhou & Suzhou. Asset Enhancement Initiative The AEI for Chongqing Bishan Outlets has completed in Feb which would enhance the shopper experience. Related Parties Shareholding

• REIT sponsor's shareholding: Above median for more than 20%
• REIT manager's shareholding: Below median for more than 20%
• Directors of REIT manager's shareholding: Above median for more than 20%

Lease Profile

• Occupancy: ± 5% from medianAdvertisements
• Income in SGD/Major Currencies: All income is received in RMB
• WALE: Below median for more than 20%

...