Our Approach
We manage and enhance to deliver reliable, repetitive and growing income led returns over the long term
Our objective is to own and manage desirable real estate that meets occupiers’ demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term. Our people and approach to our occupiers and wider stakeholders are crucial to delivering on this objective.
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Own desirable real estate
Own real estate that meets occupiers’ needs
We focus on fit for purpose logistics and other long let assets that deliver sustainable and growing income returns across the convenience, healthcare and hospitality sectors.
These sectors continue to perform strongly supported by changes in consumer shopping habits.
Our recent distribution investment activity has seen us purchase supply constrained urban logistics, where rental growth is strong, and selectively sell shorter-let and larger distribution warehousing in weaker geographies where demand/supply dynamics are less attractive.
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Manage & enhance responsibility
Manage & enhance our assets responsibly and help our occupiers thrive
We constantly look to improve the quality and desirability of our assets. We work closely with our occupiers to deliver real estate solutions that will help their businesses thrive and that provide us with greater income certainty.
Our asset management and short cycle developments are undertaken responsibly with consideration for both local communities and the environment.
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Expertise & Relationships
Maximise our expertise and build relationships to make us the partner of choice
We have a highly talented and motivated team and promote a culture of empowerment, inclusion and collaboration. It is our team’s skills and their relationships with both occupiers and our wider stakeholders that make us a partner of choice.
Our occupier-led approach provides us with market knowledge to better understand future trends and make the right asset decisions. Our high occupancy rate and customer satisfaction scores demonstrate the strength and depth of these relationships.
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Generate Income Growth
Deliver reliable, repetitive and growing income-led total returns
Income is central to our investment approach. Our ultimate priority is to pass on income generated from our assets to our shareholders in the form of a well covered and progressive dividend.
We have sector leading portfolio metrics. The portfolio’s WAULT is over 19 years, our property costs are very low with only 1% gross to net income leakage and we are delivering good income growth through organic rental growth as well as contractual uplifts.