Does maven:reactor execute the sub-projects with basedir equal to location of the reactor tag?

[ja...@axxessit.no]

I'm having problems with properties in project.properties involving 
relative paths:

For the top-most maven.xml/project it points to "./aDirectory"
For the subsequent directories i've for a shared project.properties that
has the property set to "../aDirectory".

When I use the reactor at the top it results in a "file not found" error.

Any workaround for this? (apart from manual iteration that is).

Regards, Jan-Helge