You have been appointed as the Fund Manager for InnovaProp, a property portfolio consisting of 60% retail complex and 40% office buildings. Shareholders of InnovaProp are considering to acquire properties for logistic purpose under the present market circumstances. Critically comment on the present portfolio composition under the present market circumstances in New Zealand and evaluate shareholders suggestion on adding logistic properties into the portfolio.

You are required to investigate for the above from at least three aspects: 1) portfolio composition, 2) value-added management on return and on profit, 3) risk level of the portfolio.

800 words max