Deal Highlights

20 rue Adrien Lachenal, Geneva, Switzerland
- Acquired in June 2011
- Six-story office block in the city centre of Geneva
- Implemented an active asset management strategy which resulted in a 23% increase in the rent roll within an 18 month period generating a strong running yield
- The sale of the building completed in December2017 with a significant return to the investors

Simply Fertility, Essex Healthcare Park, Chelmsford, United Kingdom
- Acquired in June 2017
- Newly built healthcare clinic located on the Essex Healthcare Park
- Let for 20 years (no breaks) on FRI lease to Simply Fertility, a subsidiary of Oxford Fertility, one of the largest providers of IVF treatments in the UK
- Purchased debt free as a strong income producing asset, with minimum annual increases in the rental of 2%
- Chelmsford is the commercial and administrative centre for the county of Essex, and in addition to the IVF clinic, the Essex Healthcare Park is home to the private Baddow Hospital and a specialist cancer care centre operated by Spire Healthcare Plc

Waitrose, Mountsorrel, United Kingdom
- Acquired in May 2016
- New foodstore in Mountsorrel and adjacent development site, located between Leicester and Loughborough
- Foodstore let to Waitrose for 15 years (no breaks) on FRI lease
- Investment underpinned by the strong income generation provided by the Waitrose foodstore with scope to exploit the development site to enhance investors’ returns
- Development site sold in April 2017 to a local developer giving a significant return to investors and enhancing the running yield on the retained Waitrose foodstore

Poundland, Royal Tunbridge Wells, United Kingdom
- Acquired in November 2015
- High quality retail property, well located in the town centre of Royal Tunbridge Wells
- Let to Poundland for 15 years (no breaks) on FRI lease
- Purchased debt free as a strong income generating asset
- Royal Tunbridge Wells ranks as a significant retail centre, with good prospects for rental growth

1 – 7 Quai Des Bergues, Geneva, Switzerland
- Acquired in February 2014 for an institutional investor
- Prime period office building over 8 floors located in Geneva city centre overlooking the River Rhone
- Building acquired from Credit Suisse on sale and leaseback for 2 years
- Re-let in 2016 on a 15 year lease to Banque Syz (a leading Swiss private banking group)
- Long lease to strong covenant has resulted in significant value creation for the investor

Royal Mail, Gloucester Business Park, United Kingdom
- Acquired in October 2013
- Freehold distribution warehouse
- Let to the Royal Mail Group with 7.5 years remaining on the lease at acquisition
- Agreed 5 year lease extension in June 2014 (less than a year after acquisition) resulting in 12 years unexpired on the lease
- Purchased debt free as a solid income generating asset with strong capital growth prospects
- Potential to further develop the property

Forrester House, St. Albans, United Kingdom
- Acquired in April 2012
- Mixed use property
- Ground floor retail units let to Greggs and Ladbrokes on FRI leases and eight flats on the upper floors
- By implementing an active asset management strategy have enhanced value by selling off six apartments on long-leaseholds and have kept two apartments, as well as the two retail units, for long-term income generation
- St. Albans is an extremely affluent London commuter town, with good prospects for rental growth