REAL ESTATE GROWTH
2008 saw further property investment in both Singapore and Argentina. In Buenos Aires the Forum development became fully occupied and we commenced phase two of Optima Business Park. Optima is now home to Unilever's regional headquarters.
Two years after completion of our major fleet sale we ordered two newbuilding timber carriers for delivery in 2010/11. This was followed by the acquisition of the Allocean fleet of 26 vessels in 2009.