| Front Cover Page | 1 |
| Content | 2 |
| Corporate Information | 3 |
| Enhancing Sustainable Value | 4 |
| Chairman's & Chief Executive Officer's Joint Message | 6 |
| Financial Highlights | 8 |
| Year in Brief | 10 |
| Manager's Report | 12 |
| Structure of Cambridge Industrial Trust | 17 |
| Empowering Positive Change | 18 |
| Board of Directors | 20 |
| Management Team | 26 |
| Sustainable Business | 28 |
| Corporate Governance | 33 |
| Investor Engagement | 46 |
| Growing our Assets | 50 |
| Property Location | 52 |
| Property Portfolio | 53 |
| Singapore Industrial Property Market Overview | 74 |
| Financial Statements | 99 |
| Report of the Trustee | 100 |
| Statement by the Manager | 101 |
| Auditors' Report | 102 |
| Statement of Financial Position | 103 |
| Statement of Total Return | 104 |
| Distribution Statement | 105 |
| Statement of Movements in Unitholders' Funds | 107 |
| Investment Properties Portfolio Statement | 108 |
| Consolidated Statement of Cash Flows | 122 |
| Notes to the Financial Statements | 124 |
| Additional Information | 170 |
| Statistics of Unitholders | 172 |
| Notice of Annual General Meeting | 174 |
| Proxy Form | 177 |
| Back Cover Page | 180 |