The Lincoln Unit Linked Property
Funds are managed by Castlemere Properties Limited.
The executives of Castlemere have
been connected with the Group since 1975, originally managing the Life Fund
Portfolios of the Imperial Life Assurance Company of Canada
and then The Laurentian Group.
From June 1997 Castemere took
responsibility for all strategic planning, property development, property
management and rent and service charge accounting for the Lincoln Property
The mission of the Lincoln Property Funds will be to respond aggressively
to property investment and property development opportunities to ensure
above average returns on funds invested, through yield and capital growth
and, as a result, performance.
These principles are paramount in conducting the activities of the Lincoln
The Lincoln Property Funds will be performance driven. All investment and
development decisions must provide satisfactory returns to unit holders.
The Managers of the Lincoln Property Funds will strive to achieve a
management style, based upon broad property and managerial experience. This
will be built upon a clear perception of reality; the capacity to assess
the measured benefits of transactions; integrity; decisiveness, informed by
balance and judgement; and a sharp strategic focus.
The Managers of the Lincoln Property Funds will be risk conscious. While
being entrepreneurial the Lincoln Property Funds will not entertain
activities where the "downside risk" could materially effect the
The Lincoln Property Funds will be cost oriented. All activities must
combine sensible financing arrangements together with effective cost and
financial control monitoring.
The Lincoln Property Funds will be consumer focused. The Fund must provide
and maintain property which meets the demands of consumers by maintaining
close contact with the property market, tenants, agents and purchasers;
being continually aware of, and consistently identifying, changes in the
market place; adapting rapidly to shifts in demand; emphasising quality of
service, design, workmanship and facilities.