Every project verified against inspection record and priced on observed build rates. Identities released on execution of terms.
Contracted receivables exceed cost to complete, delivery inside two years.
Nearly built, nearly sold. Modest capital to finish.
Repayment depends on unsold stock clearing.
Projects with no inspection recorded in over 300 days. What that means differs: some progressed and stopped, some were never observed to start, some were seen once.
Forecast reflects observed build rates at the central case. Slower and faster scenarios available on disclosure.