09
TRUST
STRUCTURE
Holding of Units
Singapore
P.R.C
Trustee &
Management Fees
Provision of
Management Services
Unitholders
Chinese
Operating
Companies
Property
Manager
Forterra Real
Estate Pte. Ltd
Provision of
Property
Management
Services
Property
Management
Fees
Trustee-
Manager
Ownership of Assets
SPV
Structure
(Jersey, British
Virgin Islands &
Hong Kong)
Ownership of Assets
Net Property
Income
[1]: 55% majority interest in Central Park Mall in Qingdao
[1]