Hui Xian REIT's assets include:

1. Its investment in Hui Xian (B.V.I.) Limited, which in turn holds Hui Xian Investment Limited, the foreign joint venture partner of Beijing Oriental Plaza Co., Ltd., ("BOP") which is a sino-foreign cooperative joint venture established in the PRC. BOP holds the land use right and building ownership rights of Beijing Oriental Plaza,

2. Its investment in Chongqing Overseas Investment Limited, which holds Chongqing Investment Limited. Chongqing Investment Limited owns the entire interest in the Chongqing Metropolitan Oriental Plaza Co., Ltd, which is the registered legal owner of the land use rights and building ownership rights of Chongqing Metropolitan Oriental Plaza, 

3. Its investment in Shenyang Investment (BVI) Limited, which in turn holds Shenyang Investment (Hong Kong) Limited (“Shenyang Investment HK”), the foreign joint venture partner of Shenyang Lido Business Co. Ltd (“Shenyang Lido”). Shenyang Investment HK is entitled to 70% interests in Shenyang Lido, which is a sino-foreign cooperative joint venture established in the PRC. Shenyang Lido holds the land use rights and building ownership rights in The Westin Shenyang,

4. Its investment in Chongqing Hotel Investment Limited, which in turn holds Highsmith (HK) Limited. Highsmith (HK) Limited owns the entire interest in the Chongqing Oriental Plaza Metropolitan Hotel Co. Ltd., which is the registered legal owner of the land use rights and building ownership rights of Hyatt Regency Metropolitan Chongqing, and

5. Its investment in New Sense Resources Limited, which in turn holds Chengdu Investment Limited, the foreign joint venture partner of Chengdu Changtian Co., Ltd., (“Chengdu Changtian”). Chengdu Investment Limited is entitled to 69% interests in Chengdu Changtian, which is a sino-foreign cooperative joint venture established in the PRC. Chengdu Changtian holds the land use rights and building ownership rights in Sheraton Chengdu Lido Hotel.