2020 Half Year Results

Follow the link below to the Company’s 2020 Half Year Results webcast presentation

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 TenantLocationInvestment pillarSize (sq ft)#
1Sainsbury’s Supermarkets LtdLeedsValue Add571,522
2Marks & Spencer plcCastle DoningtonFoundation906,240
3World leading retailerChesterfieldFoundation501,751
4Tesco Stores Ltd (1)DidcotValue Add288,295
5Next Group plcDoncasterValue Add755,055
6Wm Morrison Supermarkets LtdSittingbourneFoundation919,443
7DHL Supply Chain LtdLangley MillValue Add255,680
8DHL Supply Chain LtdSkelmersdaleValue Add470,385
9Wolseley UK LtdRiponValue Add221,763
10Rolls-Royce Motor Cars LtdBognor RegisFoundation • 409,695
11CDS (Superstores International) Ltd (trading as The Range)ThorneFoundation750,431
12Tesco Stores LtdMiddletonValue Add302,111
13Kuehne+Nagel Ltd (2)DerbyFoundation343,248
14L’Oréal (UK) LtdManchesterValue Add315,118
15Argos LtdHeywoodFoundation488,458
16B&Q plcWorksopFoundation880,175
17New Look Retailers LtdNewcastle-under-LymeGrowth Covenant477,222
18Nice-Pak International LtdWiganGrowth Covenant •399,519
19Ocado Holdings Limited (3)ErithFoundation •563,912
20Brake Bros LtdHarlowFoundation276,213
21Tesco Stores LtdGooleFoundation711,933
22Dunelm (Soft Furnishings) LtdStoke-on-TrentValue Add526,953
23TJX UK (trading as T.K. MAXX)KnottingleyFoundation •640,759
24Howden Joinery Group plcRaundsFoundation •658,971
25Matalan Retail LtdKnowsleyFoundation578,127
26Brake Bros LtdBristolFoundation250,763
27Argos Ltd (4)Burton-on-TrentFoundation653,670
28DSG Retail Ltd (trading as Dixons Carphone)NewarkFoundation725,799
29Gestamp Tallent Ltd (5)WolverhamptonFoundation545,998
30Kellogg Company of Great Britain LimitedManchesterFoundation311,602
31Amazon (6)PeterboroughValue Add549,788
32Euro Car PartsBirminghamFoundation780,977
33Whirlpool UK Appliances LtdRaundsValue Add473,263
34The Co-operative Group LtdThurrockValue Add322,684
35Screwfix Direct LtdFradleyFoundation •553,276
36Hachette UK LtdDidcotFoundation •243,409
37Unilever UK LtdDoncasterFoundation262,885
38Wm Morrison Supermarkets LtdBirminghamFoundation814,329
39Royal Mail Group LtdAtherstoneFoundation395,111
40Royal Mail Group LtdDaventryValue Add264,802
41Dunelm (Soft Furnishings) LtdStoke-on-TrentValue Add503,389
42Marks & Spencer plcStoke-on-TrentValue Add382,594
43Cerealto (UK) Ltd (7)WorksopGrowth Covenant330,807
44Stobart Group LimitedCarlisleFoundation314,981
45Industrial Tool Supplies (London) Ltd & Wincanton Holdings LtdHarlowValue Add390,092
46Unilever UK LtdCannockFoundation541,157
Littlebrook Strategic LandDartfordStrategic Land-
47Howden Joinery Group plc (‡)RaundsFoundation •657,000
48Howden Joinery Group plc (‡)RaundsFoundation •300,000
49Expert Logistics Ltd (8) (trading as AO.com)CreweGrowth Covenant387,666
50Eddie Stobart Ltd (9,$)CorbyFoundation •847,643
51World leading retailer (*†)DarlingtonFoundation •1,508,367
52World leading retailer (ØΩ)HaydockFoundation •361,416
53BSH Home Appliances LimitedCorbyFoundation •945375
54World leading retailerDurhamFoundation •1,992,061
55Speculatively builtBicester, Phase 1Value Add163,664
56The Co-operative Group LtdBiggleswadeFoundation661,201
57Speculatively builtDoncasterValue Add152,038
58Global Infusion GroupAshton ClintonFoundation83,000

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Our Investment Strategy includes details on our investment pillars.

1 Guaranteed by Tesco Plc
2 Guaranteed by Hays Plc
3 Guaranteed by Ocado Group plc
4 Guaranteed by Experian Finance plc
5 Guaranteed by Gestamp Automoción SA
6 Guaranteed by Amazon EU Sarl
7 Guaranteed by Grupo Siro Corporativo SL
8 Guaranteed by AO World plc
9 Guaranteed by ESLL Group Ltd

• Forward Funded Development
^ Weighted portfolio purchase yield excludes Littlebrook Strategic Land
‡ Estimated target practical completion date of Sep 2019 and estimated first rent review, five yearly thereafter
$ Estimated target practical completion date of Jan 2019 and estimated first rent review, five yearly thereafter
*  Estimated target practical completion date of Sep 2019 and estimated first rent review, five yearly thereafter
† The total estimated area at practical completion based on c.542,060 sq ft on the ground floor and the balance on two structural mezzanine floors and ancillary offices
# CBRE measured floor area at 30 June 2018 (excluding 51 and 52)
º Conditionally exchanged
Ø Estimated target practical completion date of Sep 2019 and estimated first rent review based on average forecasts published by HM Treasury to 2022 and the BofE inflation target of 2% pa thereafter
Ω The total estimated area at practical completion