according to their AGM presentation 2008 (NPAT contribution by business unit):
Fund Management represents 25%
Property Development 11%
Direct Property 27%
Co-investment 37%
From same report, they're projected gearing would be 27% following divestment of assets, capitalisation of CDT, transfer of incubated assets to development funds and realisation of non-core assets (Jindalee and Japan).
another roll of the dice, page-26
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