Ann: Half Yearly Report and Accounts, page-13

not sure. Was wondering the same. I’ll ask.

I think the main efforts over over the last few years have been about developing the assets for future roe/proceeds from sale. I think the opportunity has arisen due to the market seeing the low returns and having low expectations for future returns, but gowings are long term planners and I think they are priming the assets for sale and or increased earnings. (Mind you the return on the Purchase price of the Pacific properties is starting to look good in and of itself)