| Cover | 1 |
| Corporate Profile | 2 |
| Contents | 3 |
| Letter to Unitholders | 4 |
| Investment Gateway To European Office Assets | 10 |
| Trust Structure | 11 |
| Board of Directors | 12 |
| Management Team | 18 |
| Financial Review & Capital Management | 20 |
| Portfolio Summary | 22 |
| Portfolio Overview | 26 |
| German Market Review | 32 |
| Strategies for Sustained Growth | 37 |
| Investor Relations | 40 |
| Corporate Governance Report | 43 |
| Report of the Trustee | 53 |
| Statement by the Manager | 54 |
| Independent Auditors’ Report | 55 |
| Statements of Financial Position | 57 |
| Consolidated Statement of Profit or Loss and Other Comprehensive Income | 58 |
| Statements of Distribution | 59 |
| Statements of Changes in Net Assets Attributable to Unitholders | 60 |
| Consolidated Statement of Cash Flows | 62 |
| Notes to the Financial Statements | 63 |
| Other Information | 102 |
| Statistics of Unitholdings | 103 |
| Notice of Annual General Meeting | 105 |
| Proxy Form | 109 |
| Corporate Directory | 111 |
| Back Cover | 112 |