PAVILION REAL ESTATE INVESTMENT TRUST • ANNUAL REPORT 2012 Pavilion REIT Management Sdn. Bhd. (Company Number : 939490-H) Level 10, Pavilion Kuala Lumpur, 168, Jalan Bukit Bintang, 55100 Kuala Lumpur T : +603 2118 8888 F : +603 2118 8889 E :
[email protected] W : www.pavilion-reit.com Annual Report 2012 VISION, MISSION AND INVESTMENT STRATEGIES Pavilion REIT was established on 13 October 2011 and listed on Main Market of Bursa Malaysia Securities Berhad on 7 December 2011 with the principal investment policy of investing, directly and indirectly, in a diversified portfolio of income producing real estate used solely or predominantly for retail purposes (including mixed-use developments with a retail component) in Malaysia and other countries within the Asia-Pacific region as well as real estate related assets. VISION To be the leading and most sought after REIT in Malaysia. MISSION To provide unitholders with regular and stable distributions as well as to achieve long term growth in net asset value per unit, while maintaining an appropriate capital structure. STRATEGIES The Manager intends to achieve the vision and mission of Pavilion REIT through the following strategies: (a) Actively pursuing acquisition opportunities in accordance with the authorised investments of Pavilion REIT – acquire yield accretive income-producing properties – explore repositioning opportunities (b) Pursuing an efficient capital management strategy – diversify sources of debt funding – maintaining a reasonable level of debt service capability – securing