The Group considers key criteria such as: ability to conduct business in hard currency, repatriation of funds, political risk, land tenure and debt raising ability in the first instance before proceeding further with any investment opportunity.

Investment opportunities are then assessed against Investment Guidelines as indicated below:

* -or where the ability to hedge local currency can be done at minimal cost
# -the Group will minimise exposure to local trading currencies and mitigate risk by only investing in centres with high trading densities and where USD income is prevalent e.g. expat communities

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