It was set up to run the Tauwhareparae Farms initially and it made good economic and business sense for it to take over GDC’s commercial portfolio. GHL is better placed to be able to borrow money for the likes of the Fitzherbert Street administration building rebuild. Under GHL stewardship, council’s operations and investments will be grown. That sort of growth is somewhat restricted under council management and direct council ownership GHL is able to use both the capital and return on investment to allow both the growth of the company and benefit to the shareholder.