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‘Innovation in Property and Asset Management for the Australian Private Investor and Property Syndicates Community’ Pact is to become a national Property and Asset Manager for Private Investors and Property Syndicates by 2007. Pact has merged with Hortons in December 2002 delivering the first stage of the expansion of Pact into a national Property and Asset Manager by 2007. Nippon Kanzai, one of Japan’s leading Property Facilities Managers is Pact’s largest shareholder. See http://www.nkanzai.co.jp The company began trading in 1991, and has seen rapid growth since then. In 1996 we acquired the business of Raine & Horne International North Sydney, which began trading in 1983. Before founding Pact, Director Chris Butcher occupied senior executive positions with major national and international real estate firms. Pact specializes in Property Management services for the Australian Private Investor and Unlisted Property Trust Community. Pact is in the process in building teams of professional property executives to manage the Asset Management, Property Management, Leasing, Building Services and Trust Accounting needs of the Private Investor and Unlisted Trust community. First stage complete with the merger in December of Pact and Hortons in December 2002. The merger makes the Pact – Hortons a powerful entity in the North Shore Property Management and Asset Management Market. Pact North Sydney will be the model which Pact will adopt growing Pact to become a leading national Property and Asset Manager by 2007. Pact will specialize in the Commercial, Industrial and Retail Property Sectors however combined Commercial or Retail with Residential content projects are also target growth areas for Pact. Nippon Nippon Kanzai will play a major role in Pact delivering state of the art Building and Services and Facilities Management to the Australian Market. Pact is already expanding the size of Pact’s Building Services Division. Leasing and Sales will play a pivotal role in the growth of Pact and Pact is building a new Leasing Team to manage the substantial leasing opportunities. Damian Horton is assisting Pact in Building the new Pact Leasing Team. Pact is introducing PactNet a premium on-line Internet based Management Accounting and Building Services Reporting Service for Pact’s client base. PactNet is designed specifically for Private Investors and Property Syndicates. PactNet will be launched April 2003 and will develop to be a major marketing ‘engine’ for Pact and Pact’s clients. Pact is also introducing Trust Accounting Services in conjunction with Manhattan CMS one of Australia’s leading Property Manager Solution Vendors. Again Pact is tailoring Pact’s Trust Accounting Services to the needs of Private Investors and Property Syndicates. Pact is also introducing a number of associated alliances to serve the needs of Private Investors and Property Syndicates. Pact intends to work with a number of ‘umbrella’ alliances to provide total cover for Private Investors and Property Syndicates. Pact believes that the development of the proposed alliances will fill a need in the service requirements of the Private Investor and Unlisted Property Trust. |

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