The Properties of Yuexiu REIT are all located in the central business district (“CBD”) of Guangzhou and Shanghai, the PRC, respectively. In particular, the White Horse Building is located in Liuhua business and exhibition area of Guangzhou, adjacent to Guangzhou Railway Station with a diversity of wholesale markets specializing in clothing, shoes and leatherwear in the surrounding areas. Fortune Plaza, City Development Plaza and Victory Plaza are located in the north end of the Tianhe CBD of Guangzhou, which is located on the new axis of Guangzhou and being one of the top three CBDs in China approved by the state where prime grade-A office buildings are concentrated. The Tianhe central business district is the largest modern business trade district in Guangzhou, with highly concentrated metro line networks, convenient transportation, established and sound ancillary facilities. Neo Metropolis is located at the intersection of three conventional business areas, being Beijing Road area in central Guangzhou, Shang Xia Jiu Road area and Liuhua business area, and is a property erected above the metro station enjoying enormous geographical advantages; Situated on the central axis of Guangzhou and also at the hub of Pearl River New City CBD, GZIFC is conveniently connected to every part of town. Surrounded by developed business and cultural facilities, it congregates the natural and cultural prestige of the new city center here. GZIFC is destined to be the core landmark to present Guangzhou’s new image; Hongjia Tower is located in No. 388 Fushan Road, Pudong district, Shanghai, which is only 2 kilometers away from the center of Lujiazui. It is conveniently connected to surrounding transportation system, and is closed to the subway transfer station of MTR 2,4,6,9.