Strong market position; High-quality assets; Ability to source assets and access expertise through its affiliation with Lend Lease Real Estate. Geographic diversity. Growth in the retail property market is correlated with population growth and consumer confidence. Limited good acquisition opportunities, which limits growth potential. Weak liquidity reflecting its short debt maturity profile. The above-average business profile of Australian Prime Property Fund – Retail (APPF Retail) reflects its high-quality assets, strong market position, good-quality tenants, well-spread lease expiry profile and moderate development strategy. Lend Lease Real Estate Investment Ltd.'s (LLREIL) management expertise and resources in the retail property market further strengthen APPF Retail's business profile. APPF Retail enjoys the protection of high barriers to entry in the retail shopping center market,
