Listed on 28 July 2016, EC World Real Estate Investment Trust (“ECW REIT” or “ECW”) is the first specialized and e-commerce logistics real estate investment trust listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”). ECW’s investment strategy is to invest principally, directly or indirectly, in a diversified portfolio of income producing real estate which is used primarily for e-commerce, supply-chain management and third-party logistics purposes, as well as real estate-related assets, with an initial geographical focus on the People’s Republic of China (“PRC”). ECW offers investors a unique exposure to the specialised logistics and e-commerce sector in the PRC. As at 31 December 2024, its portfolio consists of seven properties located within the largest e-commerce clusters of Hangzhou in the Yangtze River Delta and Wuhan, with an aggregate net lettable area of 927,157 sqm valued at approximately S$714 million. ECW is managed by EC World Asset Management Pte. Ltd., which is an indirect wholly-owned subsidiary of Forchn Holdings Group Co., Ltd., the Sponsor of EC World REIT (the “Sponsor”). Established in 1992 and headquartered in Shanghai, the Sponsor is a Shanghai-based conglomerate with businesses in supply chain, intelligent manufacturing, medical care and healthcare, finance and other sectors. Corporate Profile 01 Trust Structure 02 Financial Highlights 03 Letter to Unitholders 06 Management Review 12 Property Portfolio Overview 20 The Property Manager 29 Board of Directors 32 Management Team 36 Stakeholders Engagement and Investors Relations 38 Sustainability 39 Corporate Governance 41 Enterprise Risk Management 65 Financial Statements 67 Additional Information 126 Statistics of Unitholdings 128 CONTENTS ANNUAL REPORT 2024 01 CORPORATE PROFILE
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