HONG
KONG, CHINA -�Media OutReach�-
14 October 2020 - Henderson Sunlight Asset Management Limited (the "Manager") is pleased to announce that Sunlight Real Estate
Investment Trust ("Sunlight REIT")
has completed its first sustainability-linked loan today.� This successful attempt not only demonstrates
the Manager's commitment to connecting capital management with sustainability,
it also reinforces our collaboration with Sumitomo Mitsui Banking Corporation
("SMBC"), a banking partner of
Sunlight REIT since 2006.

With
an amount of Japanese yen 7,000 million (equivalent to approximately HK$513 million), this
sustainability-linked loan carries a tenure of seven years, with SMBC providing
interest margin privileges based on satisfaction of predetermined sustainability
performance targets on environmental and social aspects. The proceeds of the loan
will be used for general working capital and corporate funding purposes.

Mr.
Wu Shiu Kee, Keith, Chief Executive Officer of the Manager, said,
"Sustainability is an integral part of Sunlight REIT's business DNA. In 2020,
we have re-crafted a sustainability strategy framework with a view to allocating
our resources and efforts into areas that are most critical to enhancing sustainability;
needless to say, sustainability financing is ranked at the forefront of our
priority list. We are delighted to navigate into this new sustainability
chapter jointly with SMBC, a like-minded banking partner of Sunlight REIT." �

Mr. Yoshiyuki Ogata, Executive Officer
& General Manager of SMBC Hong Kong branch, said, "Being
one of the pioneers in sustainable banking, SMBC is privileged to partner with
Sunlight REIT to pursue their commitment and dedication to environmental and
societal contribution. In April 2020, SMBC Group established "SMBC Group
GREEN�GLOBE 2030" based upon "SMBC Group Statement on Sustainability", a
ten-year plan with a target of Japanese yen 10 trillion for green finance to be
achieved by the financial year ending 2029. This sustainable financing edged a
remarkable milestone of SMBC towards the growing green finance opportunity in
the Greater Bay Area."

About Sunlight REIT

Sunlight
REIT (Stock code: 435) is a real estate investment trust authorized by the
Securities and Futures Commission and constituted by the trust deed dated 26
May 2006 (as amended and supplemented by six supplemental deeds) (the "Trust
Deed"), and has been listed on The Stock Exchange of Hong Kong Limited on
21 December 2006. Sunlight REIT offers investors the opportunity to invest in a
diversified portfolio of 11 office and five retail properties in Hong Kong with
a total gross rentable area of over 1.2 million sq. ft.. The office properties
are primarily located in core business areas, including Wan Chai and Sheung
Wan, as well as in decentralized business areas such as Mong Kok and North
Point. The key retail properties are situated in regional transportation hubs
and new towns including Sheung Shui, Tseung Kwan O and Yuen Long.

About the Manager

The Manager of Sunlight REIT is an
indirect wholly-owned subsidiary of Henderson Land Development Company Limited
(??????????). Its main responsibility is to
manage Sunlight REIT and all of its assets in accordance with the Trust Deed in
the sole interest of its unitholders.

Disclaimer: The information contained
in this press release does not constitute an offer or invitation to sell or the
solicitation of an offer or invitation to purchase or subscribe for units in
Sunlight REIT in Hong Kong or any other jurisdiction.