SEO Version
FORTERRA
ANNUAL REPORT 2013
THE PROPERTY MANAGER
27
DEVELOPMENT MANAGEMENT
Development is an all embracing
term, covering activities from
conception to physical realisation
of a project. This process involves
complex and detailed management
of people and physical resources
and is the first and foremost
important step in delivering a
quality building and maximising
value for Unitholders.
Our development management
team comprises of high caliber
professionals wi th enr iched
knowledge and proven track
record in building commercial real
estate in China. They supervise
the entire development process
from design to pre-construction
and construction to ensure the
timely delivery of project without
compromising quality.
Moving into 2014, the focus
of the team remains to be the
development of The Place
(formerly known as The HQ) into
a world class retail and office
complex in a timely manner.
ASSET MANAGEMENT
Portfol io asset management
embodies a comprehensive and
structured approach with a view
to enhancing the functions and
value of a real estate portfolio.
We aim to achieve optimum asset
values and ensure consistent
income streams supported by a
high quality tenant register to
increase the long-term viability of
Forterra’s asset portfolio.
Ou r
as se t
managemen t
team actively explores asset
enhancement initiatives and
optimises use of space to
maintain high tenant retention
and occupancy and achieve stable
rental growth. The team also
seeks to improve the efficiency
and reduce costs through
various aspects of its operation
to maximise the return of our
portfolio.
COMMERCIAL LEASING
MANAGEMENT
A strong tenant register, measured
by reputation, business longevity
and strong financial capacity is
one of our key service deliverables
across the entire portfolio. This
requires a strong knowledge of
our tenants and an understanding
of their business requirements,
so that their suitability as a
component of our ongoing asset
management strategy can be
regularly assessed.
This is best achieved through
an internal team that bui lds
relationships, understands the
market and can assess, solely for
the benefit of the portfolio, and
hence Unitholders, the desirability
of various tenants.
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