Champion REIT has been listed on the Hong Kong Stock Exchange since 24 May 2006. The Trust initially invested and owned 91.5% stake of Three Garden Road (formerly known as Citibank Plaza), a Grade A commercial complex with two office buildings located in the Central Business District in Hong Kong. In 2008, the Trust acquired the retail and office components (excluding four floors) of Langham Place in Mongkok, which is one of the busiest public transportation hubs and a popular shopping destination with tourists and locals alike. Later in 2013, the Trust acquired the remaining floors of Three Garden Road, unifying the ownership of the entire commercial complex. Champion REIT is managed by Eagle Asset Management (CP) Limited, a member of the Great Eagle Group.

Champion REIT is a real estate investment trust formed to own and invest in income-producing office and retail properties. The Trust’s focus is on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as joint venture stake in 66 Shoe Lane in Central London.

Champion REIT’s key objective is to provide investors with stable and sustainable distributions, achieving long-term capital growth. This aim of delivering attractive total returns will be achieved by, among other things, proactive management of the properties in the Trust’s portfolio and the selective acquisition of properties that will enhance distributions.

The REIT Manager is committed to providing Unitholders with attractive total returns in the form of stable and sustainable Distribution per Unit and long-term growth in Net Asset Value per Unit. It will achieve this through proactive asset management and selective acquisition of properties.

The REIT Manager, working closely with the Property Management Team, will proactively manage its properties to achieve the following goals:

The REIT Manager intends to actively pursue yield-enhancing opportunities through the addition of income-producing commercial properties. The following investment criteria will be used in the evaluation of acquisition opportunities globally:

The manager of Champion REIT is Eagle Asset Management (CP) Limited (abbreviated as EAM). EAM has the general power of management over the assets of Champion REIT. Under the trust deed of Champion REIT, the manager of the Trust cannot act as manager of any other real estate investment trusts and EAM's primary role is to manage the assets of Champion REIT for the benefit of the Unitholders. EAM is a wholly-owned subsidiary of the Great Eagle Holdings Limited (stock code 0041), one of Hong Kong's leading property and hotel companies. Headquartered in Hong Kong, Great Eagle develops, invests in and manages high quality office, retail, residential and hotel properties in Asia, North America, Australasia and Europe. 

EAM is licensed by the Securities and Futures Commission to conduct the regulated activity of asset management, as required by the REIT Code.

EAM's key objectives for Champion REIT are to provide Unitholders with stable and sustainable distribution per Unit and to achieve long-term growth in the NAV per Unit. EAM's management team will set the strategic direction and risk management policies of Champion REIT and will undertake acquisitions, divestments or enhancement of assets of the Trust in accordance with its stated investment strategy and in accordance with the provisions of the trust deed of Champion REIT.

I am sincerely grateful to Champion REIT for their unwavering dedication to green building practices. I commend the company for its steadfast commitment to sustainability. Moving forward, we look forward to ongoing collaboration with Champion REIT and are eager to witness the company's continued advancements in the realm of green spaces.

Sustainability has long been central to Champion REIT’s business philosophy and culture. We do our utmost to integrate sustainable development into every facet of our business, creating long-term value for not only our business but also the communities in which we operate.

Sustainability has long been central to Champion REIT’s business philosophy and culture. We do our utmost to integrate sustainable development into every facet of our business, creating long-term value for not only our business but also the communities in which we operate.

In our Victoria 10 Trail Race, Champion REIT was extremely kind in collaborating with us as venue sponsor. Having a central urban location of Three Garden Road as a starting venue, coupled with food and beverage discounts offered for runners, it helped us attract more racers than expected. Tenants of Three Garden Road also took part in the race, embracing an active lifestyle beyond just working in the building.

By sharing some of the noteworthy experiences of my sporting career, the forum allowed me to emphasise the imperative need of advocating diversity and inclusion. Looking forward to having all parties united to build a cosmopolitan city where cultural diversity and inclusion are celebrated.

I am sincerely grateful to Champion REIT for their unwavering dedication to green building practices. I commend the company for its steadfast commitment to sustainability. Moving forward, we look forward to ongoing collaboration with Champion REIT and are eager to witness the company's continued advancements in the realm of green spaces.

This recognition not only testifies the innovative and forward-thinking approach that Champion REIT brings to their real estate assets, but also highlights their commitment to ensuring that their occupiers have access to world-class, reliable, and future-proofed digital amenities that truly sets them apart in today's fast-evolving landscape.

A majority of stakeholders perceived that the overall ESG performance of Champion REIT is in line with industry standards. The material matrix below sums up the findings of this stakeholder engagement exercise. Nine critical aspects were identified as high priority issues.

This section contains the disclaimers, terms of use and privacy policy statement applicable to the use of this website. By accessing this website and any of the pages, you are representing that you have understood and accepted the disclaimers, the terms of use and privacy policy set out herein.

The information included on this website does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Champion REIT ("Units") in Hong Kong or in any other jurisdiction. This website is not directed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of this website is prohibited. Persons in respect of whom such prohibitions apply must not access this website. It is the responsibility of the person accessing the information contained herein to observe all applicable laws and regulations of their relevant jurisdiction. By accessing this website, you are representing and warranting that the applicable laws and regulations of your jurisdiction allow you to access the information.

The value of Units and the income from them, if any, may fall as well as rise from time to time. Units are not obligations of, deposits in, or guaranteed by, Eagle Asset Management (CP) Limited (the "Manager") (as manager of Champion REIT), HSBC Institutional Trust Services (Asia) Limited (as trustee of Champion REIT) or any of their affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the Manager to redeem their Units. It is intended that holders of Units may only deal in their Units through trading on The Stock Exchange of Hong Kong Limited (the "HKSE"). Listing of the Units on the HKSE does not guarantee a liquid market for the Units.

The Manager, its directors, officers, employees and associates make no representation or warranty as to the accuracy, suitability or completeness of the information contained in this website and no liability in respect of any errors or omissions (including any third party liability) is accepted by the Manager or its directors, officers, employees and associates. Nothing contained herein is, or shall be relied on, as a promise or forecast as to the future. In particular, where information in this website has been extracted from public sources, the Manager accepts no responsibilities in respect of such information.
The Manager shall not be held liable for any damages, losses or expenses of any kind, whether direct, indirect, special, consequential or incidental, arising out of or in connection with your access to, use of or browsing on the website. In this regard, all warranties or representations of any kind, whether expressed or implied by law, equity or statutes, are excluded to the extent permissible under the applicable law.

All copyright, patent, intellectual and other property rights in information contained herein is owned by the Manager or other third parties. No rights of any kind are licensed or assigned or shall otherwise pass to persons accessing such information. Under no circumstances should information contained herein or any part of it be copied, reproduced or redistributed.
Any and all personal data collected by the Manager from time to time may be used and disclosed for such purposes and to such persons (whether in or outside Hong Kong) in accordance with the Manager's privacy policy statement.
In the event of any inconsistency between the English and Chinese versions of the disclaimers, terms of use or privacy policy statement, the English version shall prevail.

Privacy Policy Statement

This statement is made by the Manager (or "we" or "us") in accordance with the Hong Kong Personal Data (Privacy) Ordinance and where applicable, the European General Data Protection Regulation ("GDPR"). We are committed to ensuring that all Personal Data (as defined below) are handled in accordance with the Ordinance and where applicable, in accordance with the GDPR. We respect the privacy of every individual whose Personal Data we handle and are committed to protecting your privacy and ensuring security for your Personal Data.

This statement explains the types of Personal Data we collect, how and for what purpose we use that information, who we share it with, and how we protect that information.

For the purposes of applicable data protection law, the data user is Eagle Asset Management (CP) Limited.

Why have a Privacy Policy Statement?
We will process Personal Data about you in your capacity as an investor and/or a visitor to this website ("Website").
“Personal Data” means any personal information which on its own or combined with other information relates to and identifies (directly or indirectly) a living individual.

We believe it is important that you know what Personal Data we collect, what we use it for and on what basis. It's also important we set out the rights you have in relation to your Personal Data. Where applicable, you have the right to know what information we hold and to request copies of that information, as well as object to us holding such information, request that any inaccurate information we may hold about you is rectified, and in certain circumstances request that we delete such information.

This Privacy Policy Statement sets out in detail the reasons why we collect your Personal Data.

What information is covered by this Privacy Policy Statement?
This Privacy Policy Statement governs the processing of Personal Data that you provide to us, that we collect or receive from you or that we receive about you when you visit our Website. It also covers Personal Data processed by us in relation to investors.

Updates and changes to this Privacy Policy Statement
We review our Privacy Policy Statement regularly. If you have any questions about this Privacy Policy Statement you can write to Data Protection Officer, Suite 3008, 30th Floor, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong.

What Personal Data we collect and how
Personal Data we may collect and use including your contact details and identity information (for instance, your name, address, e-mail address, telephone and fax numbers, company name, industry, occupation).

How we collect Personal Data
We collect this information when you provide it to us, or we create it ourselves or collect it from other organisations.

Information we receive from you
You may provide information to us when you:

• elect to subscribe to e-mail newsletters and/or email alerts;
• ask us to provide you with products, services or information relating to our products or services;
• ask us to invite you to presentations or events;
• send us enquiries or requests; and
• submit comments or other correspondence to us via the links available on this Website, via telephone call and/or email to us.

Information we collect about you
We may receive information about you that you authorise third parties (such as credit reference agencies, fraud detection agencies, and registration or stockbroking industry exchanges) to provide to us.

We also may obtain information about you from third-party sources (e.g. publically available sources) and service providers in order to verify your identity, to prevent fraud, or to help us identify products and services that may be of interest to you.
Additionally, when you visit our Website, we may use cookies and other technologies to automatically collect the following information:

• Technical information, including your IP address, your login information, browser type and version, device identifier, location and time zone setting, browser plug-in types and versions, operating system and platform, page response times, and download errors;
• Information about your visit, including the websites you visit before and after our Website and products you viewed or searched for;
• Length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouseovers) and methods used to browse away from the page; and
• Similar information for additional content that can be accessed from website pages, such as opening or printing documents or which videos are played and for how long.

If you do not want to receive a cookie when using our Website, you may set your browser to refuse cookies or to notify you when you receive a cookie, which you may then refuse upon such notice. However, by disabling cookies, you may not be able to take full advantage of the Website.

Sensitive or special category Personal Data
Different rules apply to the processing of data concerning race, ethnic origin, political opinions or beliefs, religious or other beliefs, trade union membership, physical or mental health, sexual life or orientation and any offences committed and sentences or court proceedings relating to actual or potential offences. This is known as sensitive or special categories of data.

During our relationship with you, we should not require any such sensitive or special categories of data. Therefore please do not send us such data. 

How we use your Personal Data
We will have a specific purpose to collect, store and use your Personal Data. The Personal Data we collect will depend on our relationship with you.

We process your Personal Data for the following purposes:

• To provide our services to you;
• To verify your identity;
• To contact you when necessary or appropriate;
• To alert you to the publication of relevant announcements, circulars, press releases, presentations and other investor materials;
• To provide customer support (including to respond to your comments and questions);
• For legal and administrative purposes, including assessing and managing risk;
• To safeguard our legal rights and interests; and
• To seek and receive advice from our professional advisors, including accountants, lawyers and other consultants.

The processing of your Personal Data is necessary for our legitimate interests when we process your Personal Data to provide our services to you; to verify your identity, to contact you when necessary or appropriate, to alert you to the publication of relevant announcements, circulars, press releases, presentations and other investor materials; to provide customer support (including to respond to your comments and questions), to safeguard our legal rights and interests, and to seek and receive advice from our professional advisers, including accountants, lawyers and other consultants.
Where necessary to comply with applicable laws, we will seek your consent to process your Personal Data.
In some cases it will be necessary for us to process your Personal Data in order to comply with our legal and regulatory obligations, for example where we process your Personal Data to comply with our regulatory and legal obligations, including assessing and managing risk.

Where we process your Personal Data to provide a product or service, we do so because it is necessary in order for us to provide such product and service.

Refusal to provide your information may make it impossible for us to provide the products, services or information requested.

Access and rectification of Personal Data
You have the right to ascertain whether we hold your Personal Data, to obtain a copy of your Personal Data, and to rectify any Personal Data that is incomplete or inaccurate. You may also request that we inform you of the type of Personal Data held by the Manager.

Requests for access and correction or for information regarding policies and practices and kinds of data should be addressed in writing to:
Data Protection Officer, Suite 3008, 30th Floor, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong
A reasonable fee may be charged to offset our administrative and actual costs in complying with your access requests.
For individuals in the EU you have additional rights (where applicable) - for further information please see the "Your rights under the GDPR" section below.

In the event of any inconsistency between the English and Chinese versions of this Privacy Policy Statement, the English version shall prevail.

Disclosure of Personal Data to third parties
We may share your Personal Data with third parties in the following circumstances:

• Third parties permitted by law: In certain circumstances, we may be required to disclose or share your Personal Data in order to comply with a legal or regulatory obligation (for example, we may be required to disclose Personal Data to the police, The Stock Exchange of Hong Kong Limited, the Securities and Futures Commission in Hong Kong, other regulators, government agencies or to courts, judicial or administrative authorities). We may also disclose your Personal Data to third parties where disclosure is both legally permissible and necessary to protect or defend our rights, matters of national security, law enforcement, to enforce our contracts or protect your rights or those of the public.
• Third parties connected with business transfers: We may transfer your Personal Data to third parties in connection with a reorganisation, restructuring, merger, acquisition or transfer of assets, provided that the receiving party agrees to treat your Personal Data in a manner consistent with this Privacy Policy Statement.
• Within our group: We may share your Personal Data among our other offices, affiliates and locations to administer our services and products, to send you information about products and services that may be of interest to you and conduct the other activities described in this Privacy Notice.
• Our service providers: We use other companies, agents or contractors to perform services on our behalf or to assist us with the provision of our products and services. For example, we may share your Personal Data with the following categories of service provider: 
  • infrastructure and IT service providers (including for email archiving, such as providers of our cloud hosting solutions)
  • external auditors and professional advisers;
  • insurance brokers and insurance companies; and
  • marketing, advertising, analysis, research and communications agencies.

We will only provide our service providers with Personal Data which is necessary for them to perform their services to us, assist us with the provision of our services, or respond to your enquiries or complaints, and we require them not to use your Personal Data for any other purpose. We will use reasonable commercial efforts to ensure that all our service providers keep your Personal Data secure.

Transfer of Personal Data outside the European Economic Area
Your Personal Data may be transferred to and processed by us, our affiliates and third parties which may be located in countries outside the European Union and /or the European Economic Area ("EEA").  In particular, Personal Data we collect about you will be stored in Hong Kong. We will take all steps that are reasonably necessary to ensure that your Personal Data is treated securely and in accordance with this Privacy Notice as well as applicable data protection laws, including, where relevant, by entering into EU standard contractual clauses (or equivalent measures) with the party outside the EEA.

EU customers only: Your rights under the GDPR
For the purposes of applicable data protection law, the data controller is Eagle Asset Management (CP) Limited . 
If you are in the EU and the processing of your Personal Data is subject to the GDPR, then you have the following rights (if applicable):

• Access. You have the right to request a copy of the Personal Data we are processing about you. For your own privacy and security, at our discretion we may require you to prove your identity before providing the requested information.
• Rectification. You have the right to have incomplete or inaccurate Personal Data that we process about you rectified.
• Deletion. You have the right to request that we delete Personal Data that we process about you, except we are not obliged to do so if we need to retain such data in order to comply with a legal obligation or to establish, exercise or defend legal claims.
• Restriction. You have the right to restrict our processing of your Personal Data where you believe such data to be inaccurate; our processing is unlawful; or that we no longer need to process such data for a particular purpose unless we are not able to delete the data due to a legal or other obligation or because you do not wish for us to delete it.
• Portability. You have the right to obtain Personal Data we hold about you, in a structured, electronic format, and to transmit such data to another data controller, where this is (a) Personal Data which you have provided to us, and (b) if we are processing that data on the basis of your consent or to perform a contract with you.
• Objection. Where the legal justification for our processing of your Personal Data is our legitimate interest, you have the right to object to such processing on grounds relating to your particular situation. We will abide by your request unless we have compelling legitimate grounds for the processing which override your interests and rights, or if we need to continue to process the data for the establishment, exercise or defence of a legal claim.
• Withdrawing Consent. If you have consented to our processing of your Personal Data, you have the right to withdraw your consent at any time, free of charge. This includes cases where you wish to opt out from marketing messages that you receive from us.

You can make a request to exercise any of these rights in relation to your Personal Data by sending the request in writing to Data Protection Officer, Suite 3008, 30th Floor, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong.

You also have the right to make a complaint at any time with your national data protection authority or other public authority governing the protection of your Personal Data.

How we protect your Personal Data
We have implemented technical and organisational security measures to safeguard the Personal Data in our custody and control. Such measures include, for example, limiting access to Personal Data only to employees and authorised service providers who need to know such information for (a) the purposes described in this Privacy Policy Statement and (b) in order to perform their jobs, such as providing you with information you request, or notifying you of new products and services.
While we endeavour to protect our systems, sites, operations and information against unauthorised access, use, modification and disclosure, due to the inherent nature of the Internet as an open global communications vehicle and other risk factors, we cannot guarantee that any information, during transmission or while stored on our systems, will be absolutely safe from intrusion by others, such as hackers.

How long we keep your Personal Data

The period for which we retain Personal Data will vary depending on what purpose it has been collected for, as well as the requirements of any applicable law or regulation. We will only retain your Personal Data for as long as necessary for the purpose for which that data was collected and to the extent permitted by applicable law. When we no longer need to use Personal Data, we will remove it from our systems and records and/or take steps to anonymise it so that you can no longer be identified from it.  

Children's privacy
We will not knowingly collect Personal Data from children under the age of 16 years. If you are under the age of 18, consent from your parent or guardian is required before you provide us with any personal data.

Contact details
If there are any questions or concerns regarding this Privacy Policy Statement, please write to Data Protection Officer, Suite 3008, 30th Floor, Great Eagle Centre, 23 Harbour Road, Wanchai, Hong Kong.

Sustainability has long been central to Champion REIT’s business philosophy and culture. We do our utmost to integrate sustainable development into every facet of our business, creating long-term value for not only our business but also the communities in which we operate.

The property is an 11-storey building situated at 66 Shoe Lane, London EC4A 3BQ (formerly known as Athene Place), with approximately 154,285 sq. ft. of office and ancillary space; and approximately 4,196 sq. ft. of retail space. It underwent refurbishment works that were completed in the fourth quarter of 2020. 66 Shoe Lane is a joint venture project that was acquired successfully in 2021. Champion REIT holds 27% interest in 66 Shoe Lane.

• Grade-A commercial complex located in Central London (11-storey)
• With retail area, in addition to other ancillary facilities such as cycle racks, lockers and showers
• GFA: 157,808 square feet
• Acquired in 2021 
• Champion REIT holds 27% interest in the project 

Mr Ip has been the Director of the REIT Manager since 2011. He is currently an Independent Non- executive Director, a member of Audit Committee and Nomination Committee; and an advisor of the Finance and Strategic Planning Committee of the REIT Manager. Mr Ip is an international banking executive with over 30 years of experience in the United States, Asia and Hong Kong. He was formerly Managing Director of Citigroup and Managing Director of Investments at Merrill Lynch (Asia Pacific). Mr Ip is currently an Independent Non-executive Director of Power Assets Holdings Limited, New World Development Company Limited, and Hutchison Telecommunications Hong Kong Holdings Limited (all listed in Hong Kong). Mr Ip is also an Independent Non-executive Director of Lifestyle International Holdings Limited.
Mr Ip is an Adjunct Professor at City University of Hong Kong, The Hong Kong University of Science and Technology (the “HKUST”), The University of Hong Kong, The Hang Seng University of Hong Kong and The Chinese University of Hong Kong.  He is also an Honorary Fellow, Co-Chairman of the International Advisory Board and Chairman of Business Career Development Advisory Committee for Business Bachelor’s  and  Master’s  Programmes of College of  Business,  and  a  member  of  the  Court at City University of Hong Kong; an Honorary Fellow, Chairman of the HKUST Foundation, Senior Advisor to the President, Special Advisor to the Dean and Chairman of Career Development Advisory Council of School of Business and Management, a member of the Business School Advisory  Council  and an Honorary Advisor and Chairman of Career Development Advisor Board of the School of Humanities and Social Science at The HKUST; an Adjunct Distinguished Professor in Practice and Advisory Board member for the Faculty of Business Administration at the University of Macau; and an Honorary Fellow of the Vocational Training Council.
Mr Ip holds a Bachelor of Science degree in Applied Mathematics and Computer Science from Washington University in St. Louis (summa cum laude), a Master of Science degree in Applied Mathematics from Cornell University and a Master of Science degree in Accounting and Finance at Carnegie-Mellon University.
 

Mr Cheng has served as the Director of the REIT Manager since 2006. He is a member of both the Audit Committee and Nomination Committee of the REIT Manager. Mr Cheng is the Chairman of Wing Tai Properties Limited (listed in Hong Kong). He is a member of the Hong Kong Special Administrative Region Government (“HKSARG”) Advisory Committee on Complaints against Judicial Conduct.
Mr Cheng was formerly the Chairman of Hong Kong General Chamber of Commerce, Chairman of the Standing Committee on Judicial Salaries and Conditions of Service (HKSARG) and Chairman of the Governance Committee of Hong Kong Exchange Fund Advisory Committee of the Hong Kong Monetary Authority (HKSARG).  He was Board member of the Hong Kong Trade Development Council, member of the Exchange Fund Advisory Committee (HKSARG), Judicial Officers Recommendation Commission (HKSARG), Public Service Commission (HKSARG) and non-executive director of the Securities and Futures Commission (HKSARG).
Mr Cheng was an Independent Non-executive Director of NWS Holdings Limited (now known as CTF Services Limited), DBS Group Holdings Limited, Hong Kong and Shanghai Banking Corporation Limited (HSBC) and PICC Property and Casualty Company Limited. He was a member of Board of Steward of Hong Kong Jockey Club (“HKJC”), Chairman of Finance and General Purposes Committee (HKJC) and Investment Committee of Hong Kong Jockey Club (HKJC).
He was a member of the Council of the University of Hong Kong, International Advisory Board of the Hong Kong Polytechnic University, Columbia Business School Board and President’s Council on International Activities of Yale University.
Mr Cheng was conferred the degree of Doctor of Social Sciences honoris causa and Doctor of Business Administration honoris causa by the University of Hong Kong and the Hong Kong Polytechnic University respectively.

Mr Shek was appointed as an Independent Non- executive Director of the REIT Manager in 2006.  He is Chairman of both Audit Committee and Nomination Committee, and a member of the Disclosures Committee of the REIT Manager. Mr Shek is an Honorary Member of the Court of The Hong Kong University of Science and Technology, a Court Member of Hong Kong Metropolitan University and a Court Member of City University of Hong Kong. Mr Shek was a member of the Legislative Council for the Hong Kong Special Administrative Region representing the real estate and construction functional constituency during the period from 2000 to 2021. Mr Shek is currently Chairman and Non- executive Director of JY Grandmark Holdings Limited; Honorary Chairman and an Independent Non- executive Director of Chuang’s China Investments Limited; Vice Chairman and an Independent Non- executive Director of ITC  Properties  Group  Limited;  an Independent Non-executive Director of Alliance International Education Leasing Holdings Limited, Chuang’s Consortium International Limited, Cosmopolitan  International  Holdings  Limited,   CSI Properties Limited, CTF Services Limited, Everbright Grand China Assets Limited, Far East Consortium International Limited, Hao Tian International Construction Investment Group Limited, Lai Fung Holdings Limited, Paliburg Holdings Limited and Shin Hwa  World  Limited  (all  listed  in  Hong  Kong).  He is also an Independent Non-executive Director of Regal Portfolio Management Limited (as the manager of Regal REIT listed in Hong Kong). Mr Shek is an Independent Non-executive Director of Ping An OneConnect Bank (Hong Kong) Limited and Lifestyle International Holdings Limited, and Chairman and Independent Non-executive Director of Goldin Financial Holdings Limited (delisted on 31 October 2023). During the past three years, Mr Shek was an Independent Non-executive Director of Country Garden Holdings Company Limited and China Resources Building Materials Technology Holdings Limited (listed in Hong Kong).
Mr Shek graduated from The University of Sydney with a Bachelor of Arts Degree, and City University of Hong Kong with a Juris Doctor Degree.

Ms Luk, Responsible Officer as defined under the Securities and Futures Ordinance, is responsible for corporate finance and investor relations of Champion REIT.  She has over 20 years of experience in the financial industry.  Before joining the REIT Manager, Ms Luk has been involved in equity research covering the Hong Kong real estate sector for over 10 years  at various international financial institutions, making recommendations on equity  investments.
Ms Luk holds a Master of Business Administration from the University of Rochester and a Bachelor of Business Administration from the Hong Kong University of Science and Technology. She is a Chartered Financial Analyst. She was honoured with the titles of Best Investor Relations Professional by Corporate Governance Asia and Best IRO by Hong Kong Investor Relations Association.

Ms Sung, Responsible Officer and Manager-In-Charge of financing and accounting function as defined under the Securities and Futures Ordinance, is responsible for the finance functions of Champion REIT, including financial reporting, treasury and debt management. Her duties involve managing the REIT’s financial arrangements, reviewing management accounts, maintaining profit and cashflow forecasts and the reporting of financial returns to regulators. Ms Sung is also a Director of all special purpose vehicles of Champion REIT.  With more than 25 years of accounting and audit experience, she previously worked as     a senior accountant at a listed company and earlier in her career was employed by a reputable certified public accountants firm to perform audit duties.
Ms Sung holds a Master of Professional Accounting degree from The Hong Kong Polytechnic University and a Bachelor of Business Administration (Professional Accountancy) from The Chinese University of Hong Kong. She is also an associate member of Hong Kong Institute of  Certified Public Accountants.

Champion REIT is committed to attaining global best practices and standards for all activities and transactions conducted in relation to the Trust and any matters arising out of its listing or trading on The Stock Exchange of Hong Kong Limited. The current corporate governance framework adopted by the REIT Manager emphasises accountability to all Unitholders, resolution of conflict of interest issues, transparency in reporting, compliance with relevant regulations and sound operating and investment procedures. The REIT Manager has in place a comprehensive set of compliance procedures and guidelines that set out the key processes, systems and measures used to implement the corporate governance framework.

The Board of Directors (the "Board") of the REIT Manager plays a central supporting and supervisory role in its corporate governance duties and bears primary responsibility for ensuring the maintenance of appropriate standards of conduct and adherence to proper procedures. It regularly reviews the Compliance Manual and other policies and procedures on corporate governance and on legal and regulatory compliance, approves changes to governance policies in light of the latest statutory regime and international best practices, and reviews corporate governance disclosures.

Board Composition

With the aim of creating a board structure that is both effective and balanced, the size of the Board has been set to provide for a minimum of five Directors and a maximum of thirteen Directors. The positions of Chairman and Chief Executive Officer are held by two different persons in order to maintain an effective segregation of duties.

The Board currently comprises seven members, with two Non-executive Directors, one Executive Director and four Independent Non-executive Directors.

Board Diversity and Nomination

The Nomination Committee of the REIT Manager has adopted a board divertisty policy concerning diversity of Board members. The REIT Manager believes that increasing diversity at the Board level is an important part of achieving its strategic objectives and to attract and retain the best people. Appointments to the Board shall be on merit, in the context of the skills and experience the Board as a whole requires to be effective, and against objective criteria and with due regard for the benefits of diversity. There are many considerations that factor into the Nomination Committee's nomination process including legal and regulatory requirements, best practices, and skills required to complement the Board’s skill set and the number of Directors needed to discharge the duties of the Board and its Committees. But it will not set any restrictions like gender, age, cultural or educational background when shortlisting candidates. The REIT Manager believes that a truly diverse Board will include and make good use of differences in the skills, regional and industry experience, background and other qualities of Directors. The Chairman of the Board should be a Non-executive Director of the REIT Manager and at least one-third, and a minimum of three members of the Board should be Independent Non-executive Directors. In addition, the Nomination Committee of the REIT Manager has adopted a nomination policy. It sets out, inter alia, the selection criteria and the evaluation procedures in nominating candidates to be appointed or re-appointed as Directors of the REIT Manager.

Delegation

The Board of the REIT Manager may establish Board committees with clear terms of reference to review specific issues or items. The four standing Board committees established are the Audit Committee, Disclosures Committee, Nomination Committee and Finance and Strategic Planning Committee.

Board and Board Committee Meetings

Directors make fruitful contribution by attending meetings and sharing views, advice and experience on matters material to the Trust's affairs, with the common goal of further enhancing the interests of the Trust and the Unitholders. Board meetings of the REIT Manager are held regularly at least four times a year at approximately quarterly intervals. Proposed dates of the regular Board and Board Committee meetings for each new calendar year are set out in a schedule and notified to all Board members before the beginning of the year concerned with a view to facilitating their attendance. Additional meetings are convened as and when circumstances warrant.

Proceedings of the Board and Board Committees

• At least 14 days' formal notice of regular Board and Board Committee meetings will be given by the Company Secretary to all Directors, and all Directors are given the opportunity to include any matters for discussion in the agenda. For special Board and Board Committee meetings, reasonable notice will be given.
• An agenda and accompanying Board papers will be sent to all Directors at least 3 days in advance of every regular Board meeting or Board Committee meeting.
• The Company Secretary assists the Chairman in preparing the agenda for the meeting and ensures that all applicable rules and regulations regarding the meetings are followed.
• If a substantial unitholder or a Director has a conflict of interest in a matter to be considered by the Board which the Board has determined to be material, the matter will not be dealt with by way of resolution in writing or by a Committee (except an appropriate Board Committee set up for that purpose pursuant to a resolution passed in a Board meeting) but a full Board meeting will be held.
• Minutes of all Board and Board Committee meetings are kept by the Company Secretary and are available for Directors' inspection. Draft and final versions of minutes are sent to all Directors in a timely manner for their comment and record.

The REIT Manager has instituted various procedures to deal with potential conflicts of interest issues, including but not limited to:

• In respect of matters in which a Director has an interest, direct or indirect, in any contract or arrangement to which Champion REIT (whether through the REIT Manager or the Trustee) is a party, such interested Director shall disclose his/her interest to the Board and abstain from voting on the resolution concerned at a meeting of the Directors.
• The REIT Manager is a dedicated manager to Champion REIT and will not manage any other real estate investment trust or be involved in any other real property business.
• The majority of the Board is not related to Great Eagle Holdings Limited ("Great Eagle") and the Independent Non-executive Directors act independently for the interests of Champion REIT.
• The management structure of the REIT Manager includes the Audit Committee, the Nomination Committee and the Disclosures Committee to promote a high level of corporate governance and address any potential conflicts of interest with Great Eagle.
• The REIT Manager has adopted the Compliance Manual and Operations Manual which set out detailed compliance procedures in connection with its operations.
• The REIT Manager has employed a team of senior management and employees on a full time basis who will not maintain any other roles apart from their roles within the REIT Manager.
• All connected party transactions are managed in accordance with the requirements set out in the REIT Code, the Compliance Manual, the Listing Rules and other relevant policies and guidelines issued for and adopted by Champion REIT.

The information contained in notifications with respect to interests in Units in Champion REIT received by the Manager will be published by HKEX on its website. The Manager takes no responsibility for the contents of any such notifications, makes no representation as to their accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon such notifications published or to be published on such website.

If a person who has a duty of disclosure under the Trust Deed fails to make notification in accordance with the provisions of the Trust Deed, irrespective of whether or not that person is a holder of Units, the Units in which that person is interested in (the "Affected Units") shall be subject to any or all of the following actions which the Manager or the Trustee may, in its absolute discretion, take in respect of any or all of the Affected Units:

(a) declare that the voting rights attached to any or all of the Affected Units to be suspended (and, upon such declaration, such voting rights shall be suspended for all purposes in connection with Champion REIT);

(b) suspend the payment of any distributions in respect of any or all of the Affected Units (and, upon such suspension, any such distributions shall be retained in a trust account in the name of the Manager pending the application of such distributions);

(c) impose an administrative fee of up to HK$0.10 per Affected Unit for each day of non compliance from the date on which disclosure is due to be made by the person; and/or

(d) suspend registration and/or decline to register any transfer of part or all of the Affected Units,

until the relevant notification requirements under the Trust Deed are fully complied with to the satisfaction of the Manager or the Trustee (as the case may be).