Perennial Real Estate Holdings Limited - Annual Report 2017

Cover Page 1
Overview 2
Corporate Profile 4
Financial Highlights 5
Our Milestones 8
Our Presence 10
Our Business Model 12
Our Integrated Strategy 14
Signature Showcase 16
Letter to Shareholders (English) 18
Letter to Shareholders (Chinese) 22
Board of Directors 26
Management Team 30
Performance 36
Market Trends 36
Business Overview 41
Business Structure 43
Business Review: Real Estate 44
Singapore 44
TripleOne Somerset 46
AXA Tower 47
CHIJMES 48
Chinatown Point 49
Capitol Singapore 50
House of Tan Yeok Nee 51
Portfolio at a Glance 52
China 54
Chengdu East HSR Integrated Development 57
Beijing Tongzhou Integrated Development 60
Xi'an North HSR Integrated Development 62
Zhuhai Hengqin Integrated Development 64
Shenyang Longemont Integrated Development 66
Perennial Qingyang Mall, Chengdu 68
Perennial Jihua Mall, Foshan 69
Portfolio at a Glance 70
Other Markets 74
The Light City, Penang, Malaysia 75
Accra Integrated Development, Ghana 76
Aviva Tower, London, United Kingdom 77
Portfolio at a Glance 78
Business Review: Healthcare 80
China 80
Hospitals and Medical Centres 82
St. Stamford Modern Hospital, Guangzhou 82
Perennial International Specialist Medical Centre, Chengdu 83
Eldercare and Senior Housing 84
Renshoutang 84
Supporting Specialties 86
BGI Perennial Genomics Diagnostic Imaging Centre, Chengdu 86
St. Stamford Plastic Surgery and Aesthetic Hospital, Chengdu 87
Aidigong 88
Portfolio at a Glance 90
Financial Review 92
Corporate Governance 112
Value Added Statement 95
Sustainability 98
Sustainability Report 98
Corporate Governance 112
Risk Management 140
Investor and Media Relations 146
Our Community 148
Our People 150
Financials 154
Statutory Accounts 154
Directors' Statement 154
Independent Auditors' Report 159
Statements Of Financial Position 164
Statistics of Shareholdings 228
Consolidated Statement Of Profit Or Loss 165
Consolidated Statement Of Comprehensive Income 166
Consolidated Statement Of Changes In Equity 167
Consolidated Statement Of Cash Flows 169
Notes To The Financial Statements 171
Appendix 227
Supplemental Information 227
Statistics of Shareholdings 228
Notice of Annual General Meeting 230
Proxy Form 237
Corporate Information 239
Back Cover 240
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