Strategy
Strategy
The fund's strategy remains focused on reducing debt and gearing levels to enable refinancing by 2012.
The fund has built on the previous year's capital raise and sales programme with the sale of Bexleyheath in December 2009, and two further sales in Aberdeen and Preston in the first quarter of 2010. In parallel with this sales programme, management remains focused on protecting net revenue by a realistic approach to fulfilling occupier demand and continuing to deliver value for money, service charges and marketing campaigns in an effort to support retailers' turnover and net margins.
