• The Group carries out an annual internal review of its overall portfolio and individual properties and sets objectives. Underlying all of the objectives is to maintain and grow cash flow from properties with as much diversity as possible and to continually improve letting prospects. All capital expenditure is carefully monitored.
• The Directors continually appraise market risk, particularly liquidity of capital and volatility of real estate values. They also constantly review all local and macro economic factors that relate to any specific property. Directors are alert to all threats to tenant/rental value and location.
• CB Richard Ellis are employed from time to time to value Group assets thus independently measuring property performance and increases/decreases in value. This enables the Board to contain value risk if required.

Risk Management

• The Group objective is to maximize returns on new and existing projects consistent with an acceptable risk profile at both property level and overall business level.
• The Board of Directors recognizes that risk is an inherent part of running a business and seeks to minimize its impact by thoroughly assessing and managing the outcome of investment and management decisions. Although the Group objective is to maximize returns the associated risks must be understood and managed and all downside risks considered and protected against.