Full Retail Portfolio property list

Our retail business operates across many sub-sectors of the retail market including shopping centres, factory outlet centres, retail parks and food super stores and is also involved in ancillary uses to retail such as leisure, restaurants and cafes, residential apartments, car parking and hotels. We split the Retail Portfolio into two key areas - shopping centres and retail parks.

Cabot Circus, Bristol
Cabot Circus 1

Opened in September 2008, this exceptional retail, leisure and residential space integrates seamlessly with the city centre. It provides Bristol with the quality and choice of amenities it deserves. Owned in a 50/50 joint venture.

1,323,000 sq ft
> £200m
Principal Occupiers:

House of Fraser, Harvey Nichols, H&M, Next, Topshop

Key Facts:
50%
£18.8m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Gunwharf Quays, Portsmouth
Gunwharf Quays

Offering a unique blend of outlet shopping, leisure and entertainment on a stunning waterfront location, this landmark scheme has over half a million sq ft of bustling mixed-use space.

717,000 sq ft
> £200m
Principal Occupiers:

Vue Cinema, M&S, Nike, Gap, Ted Baker

Key Facts:
100%
£21.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Hotels - Ibis & Accor, UK
Hotel Accor

Our hotel portfolio consists of 29 Ibis and Novotel branded hotels located throughout the United Kingdom in locations such as Heathrow Airport, Birmingham Airport, Central Manchester, Tower Bridge, Hammersmith, Waterloo and Euston.

2,470,000 sq ft
> £200m
Principal Occupiers:

Accor

Key Facts:
100%
£29.1m
Freehold / Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
St David's, Cardiff
St David's 1

This mixed-use scheme opened in 2009 and has transformed Cardiff city centre. It showcases the best of the UK high street in its two-level grand arcade. Owned in a 50/50 joint venture.

1,400,000 sq ft
> £200m
Principal Occupiers:

John Lewis, New Look, H&M, BHS, Debenhams

Key Facts:
50%
£15.8m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Trinity Leeds, Leeds
Trinity, Leeds

The only large scale UK retail shopping centre development scheme due to be delivered in 2013. Trinity Leeds is located in a prime position in a thriving city. The scheme is now 84% pre-let or in solicitors' hands.

817,000 sq ft
> £200m
Principal Occupiers:

H&M, Topshop, Next, Primark, River Island

Key Facts:
817,000 sq ft
Retail Area
 
100%
72%
£29.5m
Ownership Interest
Letting Status
ERV
 
February 2013
£256m
£378m
Completion Date
Development Costs
(to date)
Development Costs
(Total)
White Rose, Leeds
White Rose

Award-winning shopping centre with more than 100 stores and a range of cafes and food outlets. Located on the outskirts of Leeds, it serves a large and loyal catchment ensuring a consistently strong performance from retailers.

699,000 sq ft
> £200m
Principal Occupiers:

Sainsbury's, Debenhams, M&S, Primark, H&M

Key Facts:
100%
£20.9m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Bon Accord & St Nicholas, Aberdeen
Aberdeen

Together they form Aberdeen's established prime retail pitch. The scheme has over 60 stores and is anchored by John Lewis, Marks and Spencer and New Look.

429,000 sq ft
£100m - £200m
Principal Occupiers:

Next, Boots, New Look, River Island, H&M, Topshop

Key Facts:
50%
£7.5m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Buchanan Galleries, Glasgow
Buchanan Galleries 3

The premier quality shopping centre in the heart of Glasgow. With over 600,000 sq ft of shopping and food offers over 4 floors, Buchanan Galleries offers a superb retail experience.

600,000 sq ft
£100m - £200m
Principal Occupiers:

John Lewis, Hollister, H&M, Boots, Next

Key Facts:
50%
£9.2m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Lakeside Retail Park, West Thurrock
Thurrock

This 380,000 sq ft retail park is adjacent to Lakeside Shopping Centre. It comprises 21 units with major tenants being Next Home, Toys R Us and Currys.

380,000 sq ft
£100m - £200m
Principal Occupiers:

Currys, Next, Toys R Us, Argos, Mothercare

Key Facts:
100%
£7.7m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Lewisham Shopping, Lewisham
Lewisham

With a choice of over 70 stores under one roof, Lewisham Shopping Centre is one of South London's most popular undercover shopping destinations.

235,000 sq ft
£100m - £200m
Principal Occupiers:

M&S, Boots, BHS, H&M

Key Facts:
100%
£6.9m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Overgate, Dundee
Overgate, Dundee

Overgate, which opened in 2000, is the dominant retail offer in Dundee, Scotland's fourth largest city. The centre attracts over 14 million visitors a year. Overgate has more than 60 units and two multi storey car parks with 1,000 spaces.

420,000 sq ft
£100m - £200m
Principal Occupiers:

Debenhams, Next, Arcadia, Gap, Primark

Key Facts:
100%
£10.4m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Princesshay, Exeter
Princesshay

Award-winning mixed-use development - an array of great retail brands combines with restaurants and cafes to provide a great shopping experience in the heart of the city.

478,200 sq ft
£100m - £200m
Principal Occupiers:

Debenhams, Arcadia, New Look, Next, River Island, Hollister

Key Facts:
50%
£8.6m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Retail World Team Valley, Gateshead
Retail World Team Valley 4

Situated three miles south of Newcastle-upon-Tyne this 380,000 sq ft regional retail park comprises 27 units with tenants including Next, Mothercare and TK Maxx.

379,000 sq ft
£100m - £200m
Principal Occupiers:

TK Maxx, Next, Boots, Mothercare, Arcadia, Asda Living, Currys/ PC World

Key Facts:
100%
£10.3m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The Bridges, Sunderland
Bridges Sunderland

One of the North of England's largest shopping centres representing the prime shopping destination for Sunderland. The centre is anchored by Debenhams and has over 100 shops.

609,000 sq ft
£100m - £200m
Principal Occupiers:

Debenhams, Tesco, Next, H&M, Boots, Primark

Key Facts:
100%
£12.4m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The Centre, Livingston
The Centre 1

At the heart of Livingston town centre, this recently extended centre, divided into distinct zones, is home to over 155 shops and five new restaurants.

1,005,000 sq ft
£100m - £200m
Principal Occupiers:

BHS, Debenhams, M&S, H&M, Next, Boots, Primark

Key Facts:
100%
£16.2m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The O2 Centre, NW3
O2 Centre Finchley Road

This 10.5 acre site occupies a prime position in North London, benefiting from an affluent London catchment and excellent transport links.

297,900 sq ft
£100m - £200m
Principal Occupiers:

Sainsbury's, Vue Cinema, Homebase, Virgin Active

Key Facts:
100%
£7.3m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Westwood Cross, Thanet
Westwood-Cross-Topshop

Westwood Cross is the new Town Centre for the Thanet region providing a wide variety of retail units on this 475,000 sq ft site. Major tenants include Debenhams, Next and Marks & Spencer.

545,000 sq ft
£100m - £200m
Principal Occupiers:

M&S, Debenhams, H&M, Next, Primark

Key Facts:
100%
£8.8m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
185-221 Buchanan Street, Glasgow
Atlas site, Glasgow

This scheme provides 60 metres onto Buchanan Street in the heart of the Glasgow shopping district. Currently 92% pre-let and introducing Forever21 to Scotland, the retail element of the scheme is due to open in March 2013.

200,000 sq ft
£50m - £100m
Principal Occupiers:

Forever21, Gap, Paperchase

Key Facts:
40,000 sq ft
115,000 sq ft
45,000 sq ft
Residential Area
Retail Area
Other Area
 
100%
92%
£4.7m
Ownership Interest
Letting Status
ERV
 
March 2013
£39m
£61m
Completion Date
Development Costs
(to date)
Development Costs
(Total)
Bexhill Retail Park, Bexhill-on-Sea
Bexhill

We secured planning permission in August for the 53,000 sq ft M&S store at this park. Works are due to start in late November, with completion in August 2013

260,000 sq ft
£50m - £100m
Principal Occupiers:

Tesco, Next, B&Q, Boots

Key Facts:
100%
£5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Greyhound Retail Park, Chester
Greyhound

Greyhound Retail Park combines three blocks of retail and leisure/restaurant accommodation and a separate industrial estate known as Chaser Court. The retail units benefit from an open A1 non-food planning consent and the Park forms part of the wider Sealand Road retail warehousing offer for Chester.

203,000 sq ft
£50m - £100m
Principal Occupiers:

DFS, Dunelm, Pets at Home, John Lewis at Home

Key Facts:
100%
£3.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Kingsway West Retail Park, Dundee
Dundee

A major regional shopping centre in Scotland, the park has links to both Aberdeen and Glasgow. This 300,000 sq ft park comprises 19 units with Dunelm, Toys R Us and Homebase.

294,000 sq ft
£50m - £100m
Principal Occupiers:

Next Home, Currys, Dunelm, Homebase, Toys R Us, Boots

Key Facts:
100%
£5.1m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Poole Retail Park, Poole
Poole

Currently undergoing a major upgrade this 205,000 sq ft retail park has been identified as the first of John Lewis' new out-of-town retail units. Tenants also include Mothercare and Next Home. 

208,000 sq ft
£50m - £100m
Principal Occupiers:

John Lewis at Home, Boots, Next Home, Mothercare

Key Facts:
100%
£4m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Southside Centre Wandsworth, SW18
Wandsworth

Part of the Metro Shopping Fund joint venture, this asset is a stunning mix of big name stores, restaurants, cafes, a 14 screen cinema and a state of the art gym.

550,700 sq ft
£50m - £100m
Principal Occupiers:

Waitrose, Virgin Active, Primark, Cineworld

Key Facts:
50%
£5.6m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The Cornerhouse, Nottingham
The Cornerhouse, Nottingham

The 225,000 sq ft Cornerhouse is the only purpose built leisure scheme in the City of Nottingham and is anchored by a 14 screen Cineworld.

225,000 sq ft
£50m - £100m
Principal Occupiers:

Cineworld, TGI Friday

Key Facts:
100%
£3.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The Galleria, Hatfield
Galleria front

The Galleria is a 20-acre predominantly outlet retail centre situated in a highly prominent position. Comprising 85 outlets, 15 restaurants together with a nine-screen Odeon cinema.

314,000 sq ft
£50m - £100m
Principal Occupiers:

M&S, TK Maxx, HMV, Gap, SportsDirect

Key Facts:
100%
£6.8m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
The Peel Centre, Bracknell
Bracknell, Peel Centre

The dominant retail park in Bracknell benefiting from open A1 planning including 40,000 sq ft of food, this 165,000 sq ft park's tenants include Morrisons, Next and Tesco Home Plus.

169,000 sq ft
£50m - £100m
Principal Occupiers:

Morrisons,Tesco, Next, JD Sports, New Look

Key Facts:
100%
£4.4m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
West12 Shopping Centre, W12
West 12 CGI

Located within Shepherd's Bush Green and ideally placed to benefit from the Westfield London area regeneration, this leisure mall provides shops, restaurants and a 12 screen cinema.

257,000 sq ft
£50m - £100m
Principal Occupiers:

Morrisons, Poundland, Boots, Argos

Key Facts:
100%
£4.2m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Almondvale South Retail Park, Livingston
Almondvale South

Built next to the Designer Outlet centre and The Centre, Livingston this is one of three retail parks which combine to make Livingston a completely unique retailing destination.

162,000 sq ft
£25m - £50m
Principal Occupiers:

Sainsbury's, Toys R Us

Key Facts:
100%
£2.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Blackpool Retail Park, Blackpool
Blackpool

This retail park offers 9 retail units with occupiers including Currys, Halfords and Staples. There is a 12,000 sq ft extension planned for this 138,000 sq ft scheme.

138,000 sq ft
£25m - £50m
Principal Occupiers:

Currys, Pets at Home, Staples, Harveys, Halfords

Key Facts:
100%
£2.1m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Cathedral Plaza, Worcester
Worcester

Providing over 220,000 sq ft of retail accommodation and a 335 space covered car park, this centre and extended high street offering attracts many national brands.

245,000 sq ft
£25m - £50m
Principal Occupiers:

Monsoon, H&M, Next, White Stuff, Arcadia

Key Facts:
100%
£2.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Derwent & Derwent Howe Retail Parks, Workington
Workington

The park lies half a mile west of the town centre and is the principal retail warehousing offering in the town. It comprises a Morrisons supermarket, B&Q and 4 retail units.

150,000 sq ft
£25m - £50m
Principal Occupiers:

Morrisons, Currys, Halfords, Pets at Home, B&Q

Key Facts:
100%
£2m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Lindis Retail Park, Lincoln
Lindis

This retail park 2.5 miles south-west of Lincoln City comprises of a new Sainsbury's store completed in 2010.

154,000 sq ft
£25m - £50m
Principal Occupiers:

Sainsbury's, Matalan

Key Facts:
50%
£1.3m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Livingston Designer Outlet Mall, Livingston
Livingston Designer Outlet

Formerly McArthurGlen Designer Outlet Livingston is Scotland's largest designer outlet combining 90 shops, a cinema, restaurants and bars all under one roof.

320,000 sq ft
£25m - £50m
Principal Occupiers:

M&S, Gap, Ted Baker, Pizza Express, Mamas & Papas

Key Facts:
50%
£2.6m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Meteor Centre, Derby
Derby

Three miles north of the city centre this 180,000 sq ft park comprises 14 units and a fast food restaurant. The park was granted planning permission for a new 100,000 sq ft food store in April 2011.

187,000 sq ft
£25m - £50m
Principal Occupiers:

DFS, Staples, Pets at Home, Carpetright

Key Facts:
100%
£2.3m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Nene Valley Retail Park, Northampton
Northampton

Situated to the south of the town centre Nene Valley forms part of a critical mass of retail warehousing including St James' Retail Park.

147,000 sq ft
£25m - £50m
Principal Occupiers:

Currys, PC World, Carpetright, Staples

Key Facts:
100%
£1.8m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Ravenside Retail Park, Chesterfield
Chesterfield

Situated immediately south of the city centre this prime park comprises a new Debenhams department store, a terrace of five units, a small standalone unit and a restaurant.

185,800 sq ft
£25m - £50m
Principal Occupiers:

Currys, Next, Pets at Home, Debenhams

Key Facts:
100%
£1.3m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
ShopStop Clapham, SW11
Clapham

Part of the Metro Shopping Fund joint venture, the main mall acts as the main entrance to one of the busiest stations in the UK. A mixed-use asset offering 17 stores and a gym.

57,700 sq ft
£25m - £50m
Principal Occupiers:

Sainsbury's, Monsoon, Moss Bros, Superdrug, M&S

Key Facts:
50%
£1.5m
Freehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Westgate Centre, Oxford
Westgate Oxford_internal

Located in one of the most affluent UK cities, enhanced by a large student population and its popularity as a national and international tourist destination, this centre is perfectly placed.

315,000 sq ft
£25m - £50m
Principal Occupiers:

Sainsbury's, Primark, SportsDirect, Poundland

Key Facts:
50%
£1.8m
Leasehold
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Bishop Centre, Taplow
Bishop Centre CGI

In September, full planning consent was secured for redevelopment of the existing shopping centre. The new 132,000 sq ft development is 51% pre-let to Tesco with a further 17% in solicitors' hands. We are engaged in detailed design at the moment and aim to be on site in early 2013.

132,000 sq ft
< £25m
Principal Occupiers:

Tesco

Key Facts:
132,000 sq ft
Retail Area
 
100%
51%
n/a
Planning received
Ownership Interest
Letting Status
ERV
Planning Status
 
2014
n/a
n/a
Completion Date
Development Costs
(to date)
Development Costs
(Total)
Clayton Square, Liverpool
Liverpool, Clayton Square

In the heart of Liverpool's retail quarter, this shopping centre offers some of the best shopping opportunities in the city.

Principal Occupiers:

Boots, Clas Ohlsen, Mothercare

Crawley, West Sussex
Crawley

The site is known as the former Sussex House Site, Crawley. We are delivering a 75,000 sq ft superstore for Morrisons and 110 bed hotel for Travelodge together with 4 restaurants.

120,000 sq ft
< £25m
Key Facts:
120,000 sq ft
Retail Area
 
100%
94%
£2.6m
Ownership Interest
Letting Status
ERV
 
December 2013
£12m
£39m
Completion Date
Development Costs
(to date)
Development Costs
(Total)
Goodmayes Retail Park, Chadwell Heath
Goodmayes Retail Park, Chadwell Heath

This 92,000 sq ft retail park comprises 5 units and is located opposite a large Tesco Extra. Occupiers include Wickes, Currys and Carpetright.

Principal Occupiers:

Wickes, Currys, Carpetright

Key Facts:
100%
Ownership Interest
Kingsmead Centre, Bath
Kingmead Centre

90,000 sq ft leisure and restaurant complex in the heart of Bath. The centre houses the only multiplex cinema in the city.

The Maltings, Salisbury
Maltings, Salisbury

Situated within the town centre this open air centre comprises a modern Sainsbury's supermarket, a shopping precinct and a public house.

Principal Occupiers:

Sainsbury's, Robert Dyas, Superdrug

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