Mainland China Management Presentation

Nanjing Yue City (33%-owned) River and City (50%-owned) • • • • • • Situated in Qinhuai District Total GFA: 260,000 sq. m. Residential: 63%, retail: 33%; hotel: 4% Hotel operator: Mandarin Oriental Sales launch: Q3 2019 Completion: Q3 2022 · Pure residential project situated in Jiangbei New Area • Total GFA: 254,000 sq. m. • Sales launch: Q3 2019 Completion: Q2 2021 H 2019 Mainland China Management Presentation 25

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