Well-located, good quality core assets with medium-term income.
Higher yielding, shorter income assets and investments where there is an opportunity to add value
London, South East, Bristol, Birmingham, Manchester, Leeds, Edinburgh
Purchase price: Site price: £225m, total commitment £900m
Reasons for buying: To create a 900,000 sq. ft landmark office building in a prime Central London location
Key features: Once completed, the building will be made up of a 34 storey tower, a 14 storey tower, plus 3 additional assets. Once completed, the building is expected to be 30% more environmentally efficient than current regulatory standards
Timing: Construction underway, completion due Q4 2024