Propertylink’s investment strategy is to identify commercial, industrial and retail properties which can be enhanced in value by improvement or development. Currently, these opportunities are being pursued in the Sydney, Western Australian and South-East Queensland markets. While future plans do not preclude expansion to other States, it is the intention of the Board to remain focused on these markets in the short to medium term.

Propertylink identifies potential acquisitions predominantly by building relationships with tenants, property agents, consultants and direct property owners.

Historically, Propertylink has acquired and held properties to realise medium to long-term potential. However, should an earlier sale opportunity be identified as beneficial for Shareholders, short-term gains may be taken

Potential investment opportunities are considered by Directors on receiving a recommendation from the investment committee. Those properties identified as suitable are then investigated in more depth, with a view to a detailed analysis and report being discussed and reviewed at further Board meetings. The Directors consider these additional investment opportunities with regard to:

•    portfolio balance - Propertylink’s sector specific and geographic allocation of properties;
•    portfolio operating mix - Propertylink’s current holding of properties offering income stream versus development potential;
•    the ability of Propertylink to add value to a property to enhance the property’s income potential and return on realisation; and
•    return on the capital costs of acquiring the property.

The acquisition of new properties requires unanimous approval by the Directors.