Framework
Our operating framework sets out the key principles, processes and systems that guide our day-to-day activities, ensuring smooth and efficient operations.
Our investment framework defines the key strategies and establishes a disciplined approach to investment decision-making and capital allocation.
Together, these frameworks create a cohesive foundation for achieving operational excellence and generating attractive returns.
Our operating framework guides how we generate sustainable value with a long-term perspective.
It starts with a clear investment objective - maximise long term returns without undue risk - and cascades into how we:
- define and establish our risk appetite and policy, and
- allocate capital and resources within clearly defined parameters to pursue those returns.
We systematically measure the value created by each key stage of our process. This ongoing evaluation allows us to objectively assess the underlying drivers of our returns, along with the risks incurred and costs required to generate those returns.
We believe this disciplined approach not only helps us better understand how value was created through our past decisions but also strengthens our ability to make better-informed decisions in the future.
Our investment framework consists of the key elements illustrated in the diagram below.
These elements:
- play a central role in guiding our investment decision-making, and
- support the construction and development of an optimal real estate portfolio within an established set of parameters.
