| Front Cover Page | 1 |
| Contents | 2 |
| Corporate Profile | 3 |
| Chairman & CEO – Letter to Unitholders | 4 |
| Trust Structure | 10 |
| Board of Directors | 11 |
| Management Team | 17 |
| Financial and Capital Management Review | 19 |
| Portfolio Summary | 21 |
| German Market Review | 28 |
| Corporate Governance Report | 33 |
| Strategies for Sustained Growth | 49 |
| Investor Relations | 53 |
| Corporate Directory | 55 |
| Financial Statements | 57 |
| Report of the Trustee | 57 |
| Statement by the Manager | 58 |
| Independent Auditors' Report | 59 |
| Statements of Financial Position | 61 |
| Consolidated Statement of Profit or Loss and Other Comprehensive Income | 62 |
| Statement of Distribution | 63 |
| Statements of Changes in Net Assets Attributable to Unitholders | 64 |
| Consolidated Statement of Cash Flows | 66 |
| Notes to the Financial Statements | 67 |
| Statistics of Unitholdings | 106 |
| Issued and Fully Paid-Up Units | 107 |
| Notice of Annual General Meeting | 108 |
| Proxy Form | 113 |
| Back Cover Page | 118 |