Mr. Frank Daly:

There is interest in some of the regional assets that we have put on the market recently, including hotels, shopping centres and so forth. It is good to see that interest and to see investors coming in, not all of whom are US venture funds. The fact is that once these assets are sold, further investment is made. Many of the places in question have not seen any investment for quite some time.

It is good to see them being sold and even better that, when they are sold, the new owners put in investment. That means construction jobs and down the line, obviously, there will be better shopping centres and better hotels and so on.