37 Capital commitments

Contracts for capital expenditure entered into by the group at 31st December 2009 and not provided for in the accounts amounted to £31.4m (2008: £85.4m). These contracts relate wholly to the construction, development or enhancement of the group’s investment properties. At 31st December 2009 and 31st December 2008, there were no obligations for the purchase, repair or maintenance of investment properties.