1. Land held for development.
2. Land being developed and properties for sale.
3. Investment properties held for rental income.
How are shareholders rewarded?
After successful development and realisation of profits from the projects, the property counter may choose to reward the shareholders by paying half their earnings as dividends.
The investment income from properties held as investment can also be partially disbursed as dividends.
[How exciting are property counters in terms of investment returns?]