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COVID-19 Proxy Governance Update
COVID-19 Proxy Governance Update 2020 AGM mid-season review FROM EQUINITI 01 Looking back and planning ahead It is incredible to note that it has been over 12 weeks since the official announcement on 23 March of the UK Government’s Stay at Home Measures, and nearly seven months since the severity of the pandemic became apparent in China. Over the said period, PLC boards, company secretaries and investor relations officers have kept their corporate calendars going thanks to rapid adoption of modified regulatory guidelines and inventive modes of engagement with investors. With annual general meetings being an obvious highlight in the corporate calendar, we take stock of the progress made so far over the 2020 AGM season, as well as using what we learned to plan ahead. Now that we are over the first ‘hump’ with the busy period of May AGMs out of the way, we are readying for the second ‘peak’ of June and July AGMs, and then an ‘easing’ until the second ‘mini’ season in the early autumn. As such, in this update, we look at: • 2020 AGM season statistics…so far • Proxy adviser engagement and ISS recommendations review • High-level assumptions for Q3 and Q4 • Relevant updates from the regulators, industry bodies and proxy advisers • Communications in the COVID-19 world – special commentary by leading financial PR firm,Camarco • How has COVID-19 impacted activism – special commentary by international law firm,White & Case 02 2020 AGM Season Statistics…so far Scope of data To assess progress and forecast what is to come, we look at the key statistics for the UK AGM season 2020 thus far. -
Disclaimer Strictly Not to Be Forwarded to Any
DISCLAIMER STRICTLY NOT TO BE FORWARDED TO ANY OTHER PERSONS IMPORTANT: You must read the following disclaimer before reading, accessing or making any other use of the attached document relating to SEGRO plc (the “Company”) dated 10 March 2017. In accessing the attached document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. You acknowledge that this electronic transmission and the delivery of the attached document is confidential and intended for you only and you agree you will not forward, reproduce, copy, download or publish this electronic transmission or the attached document (electronically or otherwise) to any other person. The attached document has been prepared solely in connection with the proposed rights issue and offering of nil paid rights, fully paid rights and new ordinary shares (the “Securities”) of the Company (the “Transaction”). The Prospectus has been published in connection with the admission of the Securities to the Official List of the UK Financial Conduct Authority (the ‘‘Financial Conduct Authority’’) and to trading on the London Stock Exchange plc’s main market for listed securities (together, ‘‘Admission’’). The Prospectus has been approved by the Financial Conduct Authority as a prospectus prepared in accordance with the Prospectus Rules made under section 73A of the Financial Services and Markets Act 2000, as amended. NOTHING IN THIS ELECTRONIC TRANSMISSION AND THE ATTACHED DOCUMENT CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. -
Planning Committee 24/06/2015 Schedule Item: 05
Planning Committee 24/06/2015 Schedule Item: 05 Ref : PP/2015/1393 Address: John Lewis Distribution Centre, 41- 44 Kendal Avenue, Acton W3 0RP Ward: East Acton Proposal: Change of Use from Storage and Distribution (B8 Use Class) to General Industrial (B2 Use Class) Drawing numbers: Dalton Warner Davis Covering Letter dated 13th March 2015, Location Plan, 28140-AG Issue A, 28140-A1ML, 28140-A1 Issue A, 28140- A1MU Issue A, 28140-A2 Issue A, 28140-A2M Issue A, 28140-A3 Issue A. Type of Application: Full Application Application Received: 24/03/2015 Revised: N/A Report by: Emma Lewis Recommendation: Grant subject to conditions Executive Summary: Planning permission is sought for the change of Use from Storage and Distribution (B8 Use Class) to General Industrial (B2 Use Class). The existing 26,527sqm property is currently used as a distribution centre for John Lewis. The proposed change of use is to allow for the use of the site by Car Giant as a processing and preparation centre for used cars. The application site is located within the Old Oak and Park Royal Mayoral Development Area. The determination of this application has been delegated to Ealing Council under a scheme of delegation agreed between Ealing Council and The Old Oak and Park Royal Development Corporation (OPDC). Five (5) objections including one from the Hanger Hill Garden Estate Residents Association have been received in relation to the development. The objections raise concerns that principally relate to amenity impacts on nearby residential development. The site is located within a Strategic Industrial Location where industry is the preferred land use. -
Press Release
PRESS RELEASE 19 February 2021 RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 Strong financial results - business well positioned to deliver continued earnings and dividend growth. Commenting on the results, David Sleath, Chief Executive, said: “SEGRO delivered another strong set of financial results in 2020, with record lettings driven by our customer focus and the increasing demand for prime industrial properties from a wide occupier base. “The pandemic has reinforced the importance of efficient and resilient distribution networks to facilitate the provision of a wide variety of goods and services, leading to increased demand for warehouse space. 2020 saw a record level of investment for SEGRO as we seek to capitalise on these favourable trends, giving us confidence in our ability to drive further growth in rental income, earnings and dividends over the coming years. “We have also reviewed, challenged and refreshed our approach to sustainability. Today we are re-launching our Responsible SEGRO framework, with three long-term priorities that outline our commitment to society and position us to truly deliver on our Purpose of ‘creating the space that enables extraordinary things to happen’.” HIGHLIGHTSA: • Adjusted pre-tax profit of £296.5 million up 10.8 per cent compared with the prior year (2019: £267.5 million). Adjusted EPS is 25.4 pence (2019: 24.4 pence). • Adjusted NAV per share is up 16.3 per cent to 814 pence (2019: 700 pence) mainly due to a 10.3 per cent increase in the valuation of the portfolio driven by asset management, our development activity and yield compression. • A record leasing and asset management performance with £77.9 million of new headline rent in 2020, including £41.1 million of new pre-let agreements. -
TO LET Warehouse / Light Industrial Unit 8,128 SQ FT (755.12 SQ M)
TO LET Warehouse / Light Industrial Unit 8,128 SQ FT (755.12 SQ M) Unit 3, Kendal Court, Kendal Avenue, Park Royal, London W3 0RU . Clear Open Plan Layout . Full Height Loading Door . Direct Access to A40 Western Avenue . Close to Park Royal Underground Station (Piccadilly Line) LOCATION ACCOMMODATION The property is located on Kendal Avenue which is Area Sq Ft Sq M accessed directly off the A40 Western Avenue serving Warehouse 8,128 755.12 Central London to the East and the wider motorway network to the West and also the A406 North Circular and TOTAL (GIA) 8,128 755.12 the M1. Park Royal tube station serviced by the Piccadilly All measurements are based on an approximate gross internal area Line is within walking distance of the property and there are various bus links operating within the Park Royal Industrial TENURE Estate from nearby tube stations including North Acton and Leasehold Hanger Lane underground stations serviced by the Central Line and Stonebridge Park station serviced by Bakerloo PRICING Line. Rent per Annum £130,048 Service Charge per Annum £1,789 All prices are subject to VAT BUSINESS RATES Interested parties are advised to contact the London Borough of Ealing to obtain this figure. LEGAL COSTS Each party to bear their own legal costs. VIEWING Strictly by appointment with sole agents. SAT NAV REF: W3 0RU For further information or to arrange a viewing please contact. DESCRIPTION The premise comprise an industrial/warehouse building of Dipesh Patel Amar Picha steel portal frame construction to a pitched roof. The warehouse is arranged over the ground floor with ancillary office accommodation available on both the ground and M: 07906 696666 M: 07426 474470 first floor levels. -
Old Oak and Park Royal Development Corporation Strategic Plan 2016 to 2019
Old Oak and Park Royal Development Corporation Strategic Plan 2016 to 2019 May 2016 OPDC Strategic Plan 2016-2019 Page 1 Foreword by Chief Executive of the Old Oak and Park Royal Development Corporation Old Oak and Park Royal is London’s largest Opportunity Area and the UK’s largest regeneration scheme. It is the site of the second Mayoral Development Corporation, has the potential to be the biggest regeneration project since the 2012 Olympic and Paralympic Games, and will play a key role in delivering the Mayor’s manifesto priorities. There is a golden opportunity to deliver thousands of new homes and jobs in one of London’s largest brownfield sites over 30-40 years. Straddling three London boroughs - Ealing, Brent, and Hammersmith and Fulham - the regeneration will create a vibrant new area of North West London in Zone 2/3 with capacity for 25,500 new homes and 65,000 new jobs. The High Speed 2 station, due to open in 2026, is the only place HS2 connects with Crossrail. Old Oak is set to become one of the most connected parts of the capital. Much of the land surrounding the superhub station site is brownfield and the lynchpin of the regeneration will be the massive, vibrant new commercial centre around the superhub station which will catalyse new jobs and homes across the wider development area, West London and beyond. The site presents a unique opportunity for the new Mayor to use his/her strategic oversight and planning powers to provide the vision, direction and leadership to deliver on the ambitions for Old Oak and Park Royal. -
View Annual Report
Annual ReportAnnual 2007 Great Portland Estates Portland Great Unlocking potential Unlocking Great Portland Estates Annual Report 2007 Fax: 020 7016 5500 Fax: www.gpe.co.uk Tel: 020 7647 3000 Tel: London W1G 0PW 33 Cavendish Square 33 Cavendish Great Portland Estates Portland Great Great Portland Estates Annual Report 2007 2 Annual review Financial calendar and shareholders’ information 01 Business overview 02 Our strategy 2007 03 Our performance Ex-dividend date for 2006/2007 final dividend 30 May 04 Financial highlights Registration qualifying date for 2006/2007 final dividend 1 June 05 Chairman’s statement Annual General Meeting 5 July 2006/2007 final dividend payable 11 July 06 Featured properties Announcement of 2007/2008 interim results (provisional) 13 November 16 Our market Ex-dividend date for 2007/2008 interim dividend (provisional) 21 November 18 Our business Registration qualifying date for 2007/2008 interim dividend (provisional) 23 November 26 Our financial position 2008 30 Risk management 2007/2008 interim dividend payable (provisional) 3 January 31 Corporate responsibility Announcement of 2007/2008 full year results (provisional) 21 May 35 Portfolio statistics Note: provisional dates will be confirmed in the 2007/2008 Interim report. 36 Major properties Shareholder enquiries Low cost dealing service Company secretary All enquiries relating to holdings of This service provides both existing and Desna Martin, BCom CA(Aust) ACIS Governance shares, bonds or debentures in Great prospective shareholders with a simple, Registered -
Hammerson Plc Annual Report 2012 Report Annual
Hammerson plc plc Hammerson Annual Report 2012 Hammerson plc Annual Report 2012 Who we are We create HIGH-QUALITY retail property Our vision is to be the best owner-manager and developer of retail property within Europe. We focus on winning locations: prime regional shopping centres, convenient retail parks and premium designer outlet villages. Hammerson retail locations (see pages 8 to 17 for more details) EXPERIENCE CONVENIENCE LUXURY UK shopping centres UK retail parks Value Retail 1 1 1 Brent Cross, London NW4 Abbey Retail Park, Belfast Bicester Village, Oxford 2 2 2 Centrale, Croydon Central Retail Park, Falkirk La Vallée Village, Paris 3 3 3 Queensgate, Peterborough Dallow Road, Luton Kildare Village, Dublin 4 4 Bullring, Birmingham Battery Retail Park, Birmingham 5 5 Not shown Highcross, Leicester Cleveland Retail Park, Middlesbrough 6 6 Silverburn, Glasgow Drakehouse Retail Park, Sheffield Maasmechelen Village, Brussels 7 7 Wertheim Village, Frankfurt Cabot Circus, Bristol Brent South Shopping Park, London 8 8 The Oracle, Reading Cyfarthfa Retail Park, Merthyr Tydfil Ingolstadt Village, Munich 9 9 Fidenza Village, Milan Union Square, Aberdeen Elliott’s Field, Rugby 10 10 Las Rozas Village, Madrid WestQuay, Southampton Fife Central Retail Park, Kirkcaldy 11 11 La Roca Village, Barcelona Monument Mall, Newcastle Parc Tawe Retail Park, Swansea 12 12 Victoria Quarter, Leeds Westwood & Westwood Gateway, Thanet 13 Manor Walks, Cramlington France shopping centres 14 Ravenhead Retail Park, St Helens 13 Grand Maine, Angers 15 Wrekin Retail -
Responsible SEGRO 2020 Performance Data Pack
RESPONSIBLE SEGRO 2020 PERFORMANCE DATA PACK INTRODUCTION OUR PURPOSE IS TO CREATE THE SPACE THAT ENABLES EXTRAORDINARY THINGS TO HAPPEN It highlights our dual roles: as creators of physical spaces and enablers for our stakeholders to achieve their own ambitions. It is true for our customers who depend on our properties to be able to deliver the extraordinary range of goods and services which are essential to modern life. It is true for our colleagues, whom we want to thrive and to maximise their potential while working with us. And it is true of other stakeholders such as the people and communities who work in, live near or provide services to our properties. DAVID SLEATH, CEO, SEGRO PAGE 2 | Responsible SEGRO Data Pack RESPONSIBLE SEGRO Our long-held commitments to leadership in health and safety, CHAMPIONING stakeholder engagement, corporate governance and being a good LOW-CARBON corporate citizen are undiminished and our Responsible SEGRO GROWTH priorities have been designed to support and enhance these. Our three priorities are: • Championing low-carbon growth • Investing in our local communities and environments • Nurturing talent For each of these areas we have established challenging initial targets, against RESPONSIBLE which we will report annually, and have set out the actions needed to achieve them. SEGRO We will set additional, more specific, supporting targets as necessary. We expect our actions and approach to evolve over time to reflect our achievements, technological change and the priorities of our stakeholders and wider society. We believe that working towards and achieving the goals within the Responsible INVESTING IN OUR LOCAL NURTURING SEGRO framework will ensure we remain a business fit for the future, one that COMMUNITIES AND TALENT helps our customers grow, our communities flourish and our people thrive. -
NET ZERO CARBON PATHWAY FRAMEWORK Supporting Signatories of the BBP Climate Commitment
NET ZERO CARBON PATHWAY FRAMEWORK Supporting Signatories of the BBP Climate Commitment OCTOBER 2020 Opening Statement Climate change is one of the greatest threats of our time and has far reaching Contents implications for the real estate Introduction 3 industry. With the built environment contributing approximately 40% of How to use the document 4 1 greenhouse gas emissions in the UK , What is Net Zero Carbon? 5 the thought of tackling this challenge can seem daunting. Net Zero Carbon Pathway Framework 7 The path to net zero carbon is complex, challenging Appendix 1 – BBP Climate Commitment 11 and uncertain, with much of the detail still unknown. However, this is not a reason to delay action. It is Appendix 2 – Detailed Carbon Scope Table & critical that the real estate industry acknowledges the Greenhouse Gas Protocol Alignment 12 important role it has to play, embraces the challenge, and collaborates. Acknowledgements 14 This was a guiding principle in the development of the BBP Climate Commitment. Launched in September 2019, it is one of the most comprehensive and extensive commitments in the real estate industry. It includes some It is important to emphasise that the Framework is a of the most challenging emission sources for property working document. It is not set in stone. It is expected owners to measure and manage, namely tenant energy that it will change over time to reflect our evolving consumption and embodied carbon. To that end, the understanding of both the key attributes of a net zero Commitment is extremely ambitious in nature. Yet, carbon pathway, and how these can be applied in the members of the BBP understand and accept that if we are context of different investment and operating models to tackle the full climate impact of the built environment, we must reflect the broad scope of carbon emissions that M&G Real Estate is a proud signatory of the BBP Climate are associated with our property investments, even if we Commitment, and I look forward to working with my are not yet sure how we will do it. -
Press Release (Dax-Light
press release 1 June 2017 Hikma Pharmaceuticals and Intu Properties relegated from FTSE 100 Ian Forrest, investment research analyst at The Share Centre, comments on the winners and losers of the latest FTSE reshuffle: ‚As we rightly predicted, FTSE Russell, the global index provider, has officially confirmed that the smallest pharmaceutical company in the FTSE 100, Hikma Pharmaceuticals and large shopping centre investor Intu Properties have been demoted from the FTSE 100. ‚Hikma Pharmaceuticals shares have been dropping off in the group of late after it emerged that the company was unlikely to receive US regulatory approval for a generic drug for asthma this year, with further data submissions needed before approval. Combine this with the impact of the recent devaluation of the Egyptian pound and the high scrutiny its management are under for failing to carry out proper due diligence for the acquisition of West Ward Columbus, it is unsurprising to see the group in this predicament. ‚Intu Properties, which is a real estate investment trust (REIT) has, like many of its peers, seen its shares underperform in recent months due to concerns about the impact of Brexit on the UK economy and retail sales. The group did beat market expectations with its full year results in February and said it was confident of achieving an increase in net rental income in 2017 despite what is likely to be a challenging business environment. Nevertheless, the consensus forecasts for earnings and dividend growth are uninspiring. ‚These relegations do pave the way for two exciting entrants to the FTSE 100. First is G4S, the world’s leading security solutions group, which has secured its return to the the index. -
1 Heron Trading Estate
AVAILABLE TO LET 1 Heron Trading Estate 1 Heron Trading Estate, Alliance Way, Park Royal, London W3 0RA Excellently Located Light Industrial / Warehouse Building with Parking 1 Heron Trading Estate Excellently Located Light Rent £100,800 per annum Industrial / Warehouse Building Est. rates payable £26,129 per annum with Parking Building type Industrial The premise comprise an industrial/warehouse building of steel portal frame construction. The Secondary use Warehouse warehouse is arranged over the ground floor with ancillary office accommodation available on the Planning class B8 ground and first floor levels. Loading is available via a full height up and over loading door (w:4.6m x Secondary classes B1 h:5.2m). Size 5,760 Sq ft Internal pictures of the building will be available following a light refurbishment of the warehouse and VAT charges Plus VAT. offices. Lease details A new lease Outside the Landlord and Tenant Act for a term by arrangement. EPC category C Marketed by: Dutch & Dutch For more information please visit: http://example.org/m/40219-1-heron-trading-estate-1- heron-trading-estate 1 Heron Trading Estate Minimum eaves height 5.8m rising to 7.3m at the roof apex Full height up and over shutter door: (w:4.6m x h:5.2m) 5 Allocated car parking spaces Direct Access to A40 Western Avenue Dedicated loading bay 3 phase power Clear Open Plan Layout Close to Park Royal Underground Station (Piccadilly Line) 1 Heron Trading Estate 1 Heron Trading Estate 1 Heron Trading Estate, 1 Heron Trading Estate, Alliance Way, Park Royal, London W3 0RA Data provided by Google 1 Heron Trading Estate Floors & availability Unit Floor Size sq ft Rates psf Total pa Status Warehouse Ground 4,358 Available Office Ground 753 £34.70 £26,129.00 Available Office First 754 Available Total 5,865 £26,129.00 Location overview The property is located in The Heron Trading Estate on Alliance Way which is accessed directly off the A40 Western Avenue serving Central London to the East and the wider motorway network to the West and also the A406 North Circular and the M1.