About GEO Property Group - Our Business

The Trust

The direct property investments of the group are held in the Trust. Under the brand, GEO Investments, the Trust owns a diversified portfolio of properties that are expected to be sold in the year ending 30 June 2010 in the retail, industrial and commercial sectors.

The Company

The active operations of the Group such as property development and management are undertaken by the Company.

The Company’s core residential development business comprises house and land developments, integrated housing developments and land subdivisions.

Under the brands Villa World Homes, MODA Residential and GEO, the Company is one of Australia’s largest developers of residential homes and residential land.

Strategic objectives of the Group

Key strategies of the Group include:

• Shareholder returns - provide investors with superior risk adjusted returns;
• Business model - diversified and integrated business focusing on property investment, communities development, and asset and capital management;
• Earnings composition - property investment earnings to represent the majority of group earnings over medium to long term; and
• Capital management - prudent capital management with ongoing targeted gearing managed to maximise return on equity