Corporate Governance Statement

Our corporate governance framework is benchmarked against industry best practice principals and balances the needs of our stakeholders, the company, regulators and the market.

We recognize that a culture of effective corporate governance especially our key principal to act honestly, with due care and diligence, is critical to our performance and consequently the success of our developments and funds with our partners.

The Board of Directors is ultimately responsible for all aspects of the management of AREA and for its corporate governance practices.

For more information on AREA's corporate governance policies and charters on our business and financial reporting please visit contact AREA.

Code of Conduct

Extract of AREA Code of Conduct

  • AREA and its employees must, at all times comply with all applicable laws and regulations. AREA will not condone the activities of its employees who achieve result through violation of the law or unethical business dealings. This includes any payment for illegal acts, indirect contributions, rebate, and bribery. AREA does not permit any activity that fails to stand the closed possible public scrutiny.
  • All business conduct should be well above the minimum standard required by law. Accordingly, employees must ensure that their actions cannot be interpreted as being, in any way, in contravention of the laws and regulations governing the Company and AREA’s operations.
  • AREA expects its employees to conduct themselves in a business-like manner.
  • AREA expects that employees will perform their duties conscientiously, honestly, and in accordance with the best interests of AREA and the Fund. Employees must not use their positions or the knowledge gained as a result of their positions for private or personal advantage.
  • All employees share a serious responsibility for AREA and the Fund’s good public relations, especially at the community level.
  • Employees should avoid investing in or acquiring a financial interest for their own accounts in any business which the Company and the Fund has a contractual relationship with, or that provides goods or services, or both, to AREA and the Fund if such investment or interest could influence or create the impression of influencing their decision in the performance of their duties on behalf of AREA and the Fund.
  • Employees must not accept entertainment, gifts, or personal favors that could, in anyway, influence, or appear to influence, business decisions in favor of any person or Company and the Fund with whom or with which AREA and the Fund has, or is likely to have, business dealings. Employees who have access to AREA and the Fund’s funds in any form must follow the prescribed procedures for recording, handling, and protecting money as detailed in the Company’s policies and procedures or other explanatory materials, or both.
  • Accurate and reliable records of many kinds are necessary to meet AREA and the Fund’s legal and financial obligations in managing the affairs of AREA and the Fund. AREA and the Fund’s books and records must reflect in an accurate and timely manner all business transaction. The employees responsible for accounting and recordkeeping must fully disclose and record all assets, liabilities, or both, and must exercise diligence in enforcing these requirements.
  • Employees must take care and separate their personal roles from AREA and the Fund positions when communicating on matters not involving AREA and the Fund business.