IREIT Global Group Pte. Ltd. - Annual Report 2014 - page 57

IREIT Global
annual report 2014
FOR THE REPORTING PERIOD FROM 1 NOVEMBER 2013 (date of constitution) TO 31 DECEMBER 2014
Report of
the Trustee
DBS Trustee Limited (the “Trustee”) is under a duty to take into custody and hold the assets of
IREIT Global (“IREIT”) held by it or through its subsidiaries (the “Group”) in trust for the holders
(“unitholders”) of units in IREIT. In accordance with the Securities and Futures Act (Chapter 289) of
Singapore, its subsidiary legislation and the Code on Collective Investment Schemes, the Trustee shall
monitor the activities of IREIT Global Group Pte. Ltd. (the “Manager”) for compliance with the limitations
imposed on the investment and borrowing powers as set out in the trust deed dated 1 November 2013
and as amended and restated by an amending and restating deed dated 14 July 2014 (the “Trust Deed”)
made between the Manager and the Trustee in each annual accounting period and report thereon to
the unitholders.
To the best knowledge of the Trustee, the Manager has, in all material respects, managed IREIT and the
Group during the financial period covered by these financial statements set out on pages 58 to 102, in
accordance with the limitations imposed on the investment and borrowing powers set out in the Trust
Deed.
For and on behalf of the Trustee,
DBS Trustee Limited
Jane Lim Director
Singapore
31 March 2015
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