We continue to grow post tax distributable profits; and to deliver wholesome returns above our weighted average cost of capital and market benchmark.
We control risk by means of sustainable gearing, organisation of liquidity and meticulous asset and project management in every part of our business.
We will continue to focus our expansion by geography, sector, property activity, operational capability and management team.
Our structure provides three distinct directions to achieving diversification:
We invest capital after careful assessment of return levels against risk, prioritisation of opportunities, and working closely with joint venture partners whilst maintaining a strong regard to UK and global macro-economic activities.
We use our capability as asset managers of existing property, as designer and contractor of new projects, as operators of hotels and venues, and as fund managers of investment to create high-quality properties for people to enjoy, and which use resources sustainably.
We employ, engage and develop people who:
We are a responsible business committed to working with our local communities. We ensure the processes within each part of our business takes into account our social and environmental responsibilities.