Our top 10 Retail properties

On this page you will find a list of our top 10 Retail Portfolio assets by latest valuation (as at 30 September 2012).  Please note that where the asset is owned as part of a joint venture, this valuation only takes into account our share of ownership.

Property Name
Description
Property Size
Value Range
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
99%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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
98%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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)
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
97%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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
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
100%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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
100%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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
95%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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
99%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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
94%
Ownership Interest
Annualised Net Rent
Freehold / Leasehold
Let by Income:
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