During the company’s presentation, the global COVID-19 pandemic was presented as a challenge, but group CEO Stephen McCann said that the company has taken defensive measures such as reducing costs, has the wherewithal to survive though a potential extended industry downturn and is poised to take advantage of future opportunities.
Group CFO Tarun Gupta said that the company is working on several build-to-rent residential projects, including one for Google in San Francisco. Planning is underway for that AU$20 billion, 15 million-square-foot project, he said, which also includes plans for retail and hospitality space.
