Indigo Properties Australia Limited (Indigo Properties), formerly Indigo Pacific Capital Limited, is an Australia-based company. The Company is engaged in investment activities, which include loans and property development. Loans include charges held by the Company over borrowing entities and registered mortgages over certain development properties. Property development includes equity investments in property development entities. As of June 30, 2010, Indigo Properties’ projects under negotiation included development of 100 hectares of industrial land on the north side of Brisbane; development of up to 100 residencies in Ashgrove, Brisbane; development of approximately 1,500 residential lots in the Scenic Rim area west of Brisbane, and acquisition and development of a staged residential project west of Brisbane. The Company’s 50% owned subsidiaries include Elevation Developer Pty. Ltd and Indigo (Warrill View) Partnership.