Current assets - "Development property" : includes the acquisition and development cost incurred to date in relation to One Robinand 18 Shelford Road.
Current Liabilities - "Long-term bank loans (secured), current portion" includes a $19m loan drawdown for 18 Shelford Road land cost.
From P/L, acquisition of development property is an outflow of CFI, so I suppose this property is purely for investing purpose instead of daily operation, such as opening new branches.