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EC World Real Estate Investment Trust ANNUAL REPORT 2016
The Property
Manager
The management of the daily operations of ECW’s
portfolio of properties is undertaken by Yuntong
Property Management Co., Ltd.
(“Yuntong”), a wholly-owned subsidiary of the
Sponsor. Yuntong is responsible for providing the
following services to the properties in the REIT’s portfolio:
•
Property and Lease Management Services: To
manage rental leases and ensure the desired level
of customer service is provided to the tenants of
the properties.
•
Marketing Services: To market and lease vacant
space in the ECW portfolio of properties. Where
appropriate, the Property Manager may help to
enhance the market positioning and attractiveness
of the properties, thereby maximising returns to
Unitholders.
•
Property Maintenance and Repair Services: To
maintain the properties in good condition.
The Property Manager has a team of experienced
professionals dedicated to providing services to
ECW’s properties. Among the professionals employed
by the Property Managers are skilled executives and
technicians who have experience in managing well-
known real estate developments in China.
The National Development and Reform Commission
(“NDRC”) has granted accreditation to the Property
Manager under the Internet Plus Key Project
. This accreditation allows the Property Manager
to provide value-added services to the tenants of the
properties. Examples of such services include the
outsourcing of registration and application activities,
dealing of logistics and supply chain management
solutions and online community services.