To achieve the Group’s target of Assets Under Management (AUM) of US$5 billion by 2023, we plan to develop our fund management business via organic growth coupled with the acquisition of assets and platform. We will continue to leverage our strong balance sheet to strategically acquire investment properties in key markets (Singapore, UK, China, Australia and Japan) with caution and discipline, and grow our recurring income base. The UK remains a fundamental attraction for international investors and a major target for funds looking at their first wave of international acquisitions. This is favourable for our recently acquired UK assets, which can be possibly be transferred to a private fund as seed assets or a REIT vehicle.