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  "It is recommended that on completion of the transaction whereby DPPT acquires the business of DHB, the non-core operating property assets of PortCo are transferred to RegenCo. It is suggested that this probably will not include those buildings within the security zone of the Eastern Docks but would include all the DHB properties on/around Marine Parade, possibly Lord Warden House and any land holdings outside of the Docks. Consideration could be given to PortCo's management at some juncture transferring into office space within the security zone freeing up the prime-positioned Harbour House on Marine Parade."
  
  None of these asssets are slated for sale. Regenco will retain ownership of all assets transferred and RegenCo is a 100% owned subsidiary of DPPT as is PortCo. Many of these buildings and assets can be better utilized than they are today and the future use of Harbour House is, as I think we make clear, only something that could be up for consideration (no 'will be' in there and in any event should be investigated and consulted before any decision is made. On top of that, ownership again will be retained within the DPPT ownership structure through RegenCo). Non-Operational assets transferred to RegenCo will not be sold, but leasing arrangements can be entered into with third parties to redevelop and improve these assets and ensure that they become economic contributors to the town and community.

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