Company Profile For RREEF China Commercial Trust

Overview

RREEF China Commercial Trust (RREEF CCT) is a real estate investment trust established to invest on a long term basis in a diversified portfolio of institutional office and mixed-use properties located in major cities in Greater China. RREEF CCT provides investors with exposure to the Chinese real estate market. RREEF CCT is managed by RREEF China REIT Management Limited. Its subsidiaries include Beijing Gateway Plaza (BVI) Limited and HK Gateway Plaza Company Limited.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, RREEF China Commercial Trust's revenues increased less than 1% to HK$111.8M. Net loss totaled HK$47.2M vs. an income of HK$135.9M. Revenues reflects an increase in income from property investment in the PRC. Net loss reflects an increase in property operating expense, a rise in finance cost and the presence of fair value loss on investment property vs. a gain.