MGCT – AmFraser

MAPLETREE GREATER CHINA COMMERCIAL TRUST

Mapletree Greater China Commercial Trust (“MGCCT”) is a real estate investment trust sponsored by Mapletree Investments. MGCCT’s investment mandate includes commercial income producing real estate assets in the Greater China region, ie Hong Kong and key first‐ and second‐tier cities in China. It currently owns two assets, Festival Walk in Hong Kong and Gateway Plaza in Beijing.

Resilient, best‐in‐class assets with diverse tenant base. Festival Walk is one of the 10 largest and most popular malls in Hong Kong. Its location above Kowloon Tong MTR in an upscale residential area near two large universities, broad range of amenities and excellent connectivity has attracted high‐quality tenants such as Apple, Rolex and TaSTe Supermarket. Unlike other Hong Kong malls, we expect

Festival Walk to remain resilient to current HK‐China tensions as only c.10% of total visitors are Chinese tourists (vs c.40% at other malls). Gateway Plaza is a similarly high‐quality asset: it is one of the largest wholly‐owned Grade A office buildings in Beijing by GFA, with over 50% of its total le