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under bought, page-20

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    Valad Capital Services

    Investments
    Top Ryde Shopping Centre
    60.6mil preferred equity.
    Wouldnt assume this is to risky given the location etc?

    Noosa North Shore
    $??
    4 stage project, currently in stage 2
    marketing 24 lots (maybe slow)
    all though hopefully

    maritime towers NZ
    almost fully leased?

    Along with unknown investment in Crownstone EU office portfolio. Think its circa 130mil (was in annual report)
    Not sure what form the investment takes.

    Will review development side later.
 
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