09
EC World Real Estate Investment Trust ANNUAL REPORT 2016
The Manager will continue to look out for yield accretive
assets in China and other regional markets to take
advantage of the strong GDP growth in China and
demand by the growing middle class. Management will
also continue to focus on improving the tenancies in
existing assets through asset enhancement initiatives and
optimising tenancy mix.
ACKNOWLEDGEMENT
We wish to express our appreciation to our tenants and
business partners for their loyal support, and gratitude
to our Unitholders for the faith and confidence in us
as the Manager for ECW. Last but not least, we like to
acknowledge the outstanding contribution from our staff.
On behalf of the Board and the management of EC World
Asset Management Pte. Ltd., we look forward to working
together with you to embark on the transformation
journey of the Trust and achieve new milestones in 2017
and beyond.
Zhang Guobiao
Chairman of the Board & Non-Executive Director
High on-line spending growth will
continue to support the expectation
of double digit sales growth for the
coming years, providing the basis for
continuing strong demand for our
portfolio. The growth in economic
activities is expected to provide
ECW with a tremendous platform
from which to further enhance
growth and returns to unitholders
and we look forward to benefit
from these opportunities.
“
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High on-line spending growth will continue to support the
expectation of double digit sales growth for the coming
years, providing the basis for continuing strong demand
for our portfolio. The growth in economic activities is
expected to provide ECW with a tremendous platform
from which to further enhance growth and returns to
unitholders and we look forward to benefit from these
opportunities.