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May CARG 2020.Pdf
ISSUE 30 – MAY 2020 ISSUE 30 – MAY ISSUE 29 – FEBRUARY 2020 Promoting positive mental health in teenagers and those who support them through the provision of mental health education, resilience strategies and early intervention What we offer Calm Harm is an Clear Fear is an app to Head Ed is a library stem4 offers mental stem4’s website is app to help young help children & young of mental health health conferences a comprehensive people manage the people manage the educational videos for students, parents, and clinically urge to self-harm symptoms of anxiety for use in schools education & health informed resource professionals www.stem4.org.uk Registered Charity No 1144506 Any individuals depicted in our images are models and used solely for illustrative purposes. We all know of young people, whether employees, family or friends, who are struggling in some way with mental health issues; at ARL, we are so very pleased to support the vital work of stem4: early intervention really can make a difference to young lives. Please help in any way that you can. ADVISER RANKINGS – CORPORATE ADVISERS RANKINGS GUIDE MAY 2020 | Q2 | ISSUE 30 All rights reserved. No part of this publication may be reproduced or transmitted The Corporate Advisers Rankings Guide is available to UK subscribers at £180 per in any form or by any means (including photocopying or recording) without the annum for four updated editions, including postage and packaging. A PDF version written permission of the copyright holder except in accordance with the provision is also available at £360 + VAT. of copyright Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency, Barnard’s Inn, 86 Fetter Lane, London, EC4A To appear in the Rankings Guide or for subscription details, please contact us 1EN. -
Unlocking Potential What’S in This Report
Great Portland Estates plc Annual Report 2013 Unlocking potential What’s in this report 1. Overview 3. Financials 1 Who we are 68 Group income statement 2 What we do 68 Group statement of comprehensive income 4 How we deliver shareholder value 69 Group balance sheet 70 Group statement of cash flows 71 Group statement of changes in equity 72 Notes forming part of the Group financial statements 93 Independent auditor’s report 95 Wigmore Street, W1 94 Company balance sheet – UK GAAP See more on pages 16 and 17 95 Notes forming part of the Company financial statements 97 Company independent auditor’s report 2. Annual review 24 Chairman’s statement 4. Governance 25 Our market 100 Corporate governance 28 Valuation 113 Directors’ remuneration report 30 Investment management 128 Report of the directors 32 Development management 132 Directors’ responsibilities statement 34 Asset management 133 Analysis of ordinary shareholdings 36 Financial management 134 Notice of meeting 38 Joint ventures 39 Our financial results 5. Other information 42 Portfolio statistics 43 Our properties 136 Glossary 46 Board of Directors 137 Five year record 48 Our people 138 Financial calendar 52 Risk management 139 Shareholders’ information 56 Our approach to sustainability “Our focused business model and the disciplined execution of our strategic priorities has again delivered property and shareholder returns well ahead of our benchmarks. Martin Scicluna Chairman ” www.gpe.co.uk Great Portland Estates Annual Report 2013 Section 1 Overview Who we are Great Portland Estates is a central London property investment and development company owning over £2.3 billion of real estate. -
Please Download Our Brochure
“During 2020 the UK market saw £40Bn of commercial property investment transactions. £10.5Bn of this was in Central London and a significant proportion (almost c.30%) was from Asia – based capital.” Allsop LLP & Millennium Group UK property consultants Allsop LLP and Asia-based property advisors Millennium Group formed an alliance to strengthen their services to advise existing and new Asia-based investors looking to deploy capital into UK real estate. The alliance serves to leverage the long-standing relationships and understanding of Asian client needs with the experience, expertise and extensive local market knowledge of the UK markets. This international synergy enables us to create informed, sensible, bespoke strategies through the entire cycle of property investing that is tailored to individual or corporate requirements. Services we offer overseas clients with UK assets and aspirations include: Lease Advisory – Asset & Development Investment Advisory rent reviews & restructures Management Development Valuation Office Leasing Consultancy Residential Development Property Business Rates & Investment Management About About • Established in 1906 • Pride ourselves on our open, • Established in 1998 • Independent property friendly and honest business • Full Asia coverage approach consultancy (LLP) • Numerous long-standing relationships with • Market-leading reputation for high • 19 Equity Partners Asia’s most prominent property investors quality service, market knowledge, • 125 Fee Earners insight and expertise • Property management partnership -
Annual Report & Accounts 2008
Big Yellow Group PLC Annual Report & Accounts 2008 20 Big Yellow Group PLC The best way for us to explain how we 2 The Deans, Bridge Road, Bagshot, Surrey GU19 5AT innovate and what we do for our customers, Tel: 01276 470190 Fax: 01276 470191 is to show you… e-mail: [email protected] 08 We are the innovative leaders in the UK self storage industry, Big providing individuals and businesses with an unrivalled PLC Group Yellow Annual Report & Accounts 2008 product – the best locations, the best quality facilities and Annual Report “the strongest Brand.” &Accounts Contents ifc Measuring Our Progress 02 Chairman’s Statement 06 Business Review 12 Financial Review 16 Portfolio Summary 17 Corporate Governance 22 Audit Committee Report 24 Corporate Social Responsibility Report 31 Directors’ Report 34 Remuneration Report 40 Officers and Professional Advisers 41 Biographies of Directors and Senior Management 42 Independent Auditors’ Report to the Members of Big Yellow Group PLC 43 Consolidated Income Statement 44 Consolidated Balance Sheet 45 Consolidated Statement of Recognised Income and Expense 46 Consolidated Cash Flow Statement Reconciliation of Net Cash Flow to Movement in Net Debt 47 Notes to the Financial Statements to be continued… 72 Independent Auditors’ Report to the Members of Big Yellow Group PLC 73 Company Balance Sheet bigyellow.co.uk 74 Company Cash Flow Statement Statement of Recognised Income and Expense 75 Notes to the Company Accounts 79 Five Year Summary bigyellow.co.uk Get some space in your life.™ ™ Big Yellow Group PLC -
Report & Accounts 2018
Report & Accounts 2018 Report & Accounts Derwent London plc Report & Accounts 2018 CONTENTS STRATEGIC REPORT GOVERNANCE 2018 summary ......................................................................................... 04 Introduction from the Chairman ........................................................... 84 Chairman’s statement ............................................................................ 07 Governance at a glance .......................................................................... 86 Chief Executive’s statement .................................................................. 08 Board of Directors ................................................................................... 88 CEO succession ........................................................................................11 Senior management ............................................................................... 90 London: Open for business .....................................................................12 Corporate governance statement ........................................................ 92 Central London office market ................................................................14 Nominations Committee report ......................................................... 100 A well-placed portfolio ............................................................................16 Audit Committee report ....................................................................... 104 Our stakeholders ......................................................................................18 -
Technology and the Future of Real Estate Investment Management
Technology and the Future of Real Estate Investment Management PI LABS X OXFORD FUTURE OF REAL ESTATE INITIATIVE: TECHNOLOGY AND THE FUTURE OF REAL ESTATE INVESTMENT MANAGEMENT 2 Contents Foreword 03 Executive summary 04 Introduction: the global property investment universe 07 Issues for the industry 08 The Investment Manager of the future 10 Technology and investment managers 13 Roundtable findings 16 The data standardisation problem 18 Start-up market map 22 Distribution and investor management 23 Capital raising 24 Investor relations and reporting 26 Operations, compliance, finance and fund structuring 27 Performance analysis 29 Manufacturing and the investment process 31 Sourcing 32 Appraisals 34 Negotiation 37 Transactions (acquisitions and disposals) 38 Portfolio management 39 Asset management 40 Conclusions 43 References 45 Figures 46 Tables 47 PI LABS X OXFORD FUTURE OF REAL ESTATE INITIATIVE: TECHNOLOGY AND THE FUTURE OF REAL ESTATE INVESTMENT MANAGEMENT 3 Foreword Against the macro-economic backdrop of climate change, rapid urbanisation and now COVID-19, the industry is facing challenges it has never seen before. Understanding how to negotiate these challenges will require collaboration, new industry standards and the application of technology. Those real estate investment managers best able to weather this storm will be those who are most innovative and best at adopting emerging technologies. While it is clear that the real estate investment management sector is at the beginning of a process of digital transition, there are many barriers inhibiting the widespread application of technology. This is most likely due to the lack of a regulatory framework and industry standards regarding the ownership and sharing of digital data, as well as a lack of knowledge of the available solutions. -
11 August 2020 Neighbourhood Planning Officer Horsham District
11 August 2020 Neighbourhood Planning Officer Horsham District Council Parkside Chart Way Charles Collins North Street E: [email protected] DL: +44 (0) 1483 796 837 Horsham RH12 1RL 244 - 246 High Street Guildford GU1 3JF T: +44 (0) 1483 796 800 F: +44 (0) 1483 796 801 savills.com Dear Sirs Billingshurst Neighbourhood Plan Regulation 16 Consultation Consultation Representation in relation to Land East of Billingshurst, Little Daux. Introduction 1.1 This representation is submitted to the Horsham District Council (HDC), on behalf of Bellway Homes Ltd (“Bellway”) and Crest Strategic Projects (“Crest”), in relation to the Billingshurst Neighbourhood Plan Regulation 16 Consultation. 1.2 This representation specifically relates to the key aspects of the Billingshurst Neighbourhood Plan (BNP) that are relevant to the Land East of Billingshurst, Little Daux (the Site). It follows the representation made to the previous consultation on the Regulation 14 Draft BNP, and seeks to highlight any comments or concerns to help ensure full consideration and enable the basic conditions to be met. 1.3 Significantly, it is highlighted that the summary of representations to the Regulation 14 consultation, as contained in the Consultation Statement (February 2020), does not refer to our previous correspondence with Billingshurst Parish Council (BPC) or our submitted representations made on behalf of Bellway and Crest. Clarification is therefore sought as to the reason why this representation is not acknowledged and whether the details and comments raised were in fact taken into consideration in preparing the Regulation 16 BNP. For ease of reference, the Regulation 14 Representation, dated 25 September 2019, is appended to this letter (Appendix A). -
COVERAGE LIST GEO Group, Inc
UNITED STATES: REIT/REOC cont’d. UNITED STATES: REIT/REOC cont’d. UNITED STATES: NON-TRADED REITS cont’d. COVERAGE LIST GEO Group, Inc. GEO Sabra Health Care REIT, Inc. SBRA KBS Strategic Opportunity REIT, Inc. Getty Realty Corp. GTY Saul Centers, Inc. BFS Landmark Apartment Trust, Inc. Gladstone Commercial Corporation GOOD Select Income REIT SIR Lightstone Value Plus Real Estate Investment Trust II, Inc. Gladstone Land Corporation LAND Senior Housing Properties Trust SNH Lightstone Value Plus Real Estate Investment Trust III, Inc. WINTER 2015/2016 • DEVELOPED & EMERGING MARKETS Global Healthcare REIT, Inc. GBCS Seritage Growth Properties SRG Lightstone Value Plus Real Estate Investment Trust, Inc. Global Net Lease, Inc. GNL Silver Bay Realty Trust Corp. SBY Moody National REIT I, Inc. Government Properties Income Trust GOV Simon Property Group, Inc. SPG Moody National REIT II, Inc. EUROPE | AFRICA | ASIA-PACIFIC | MIDDLE EAST | SOUTH AMERICA | NORTH AMERICA Gramercy Property Trust Inc. GPT SL Green Realty Corp. SLG MVP REIT, Inc. Gyrodyne, LLC GYRO SoTHERLY Hotels Inc. SOHO NetREIT, Inc. HCP, Inc. HCP Sovran Self Storage, Inc. SSS NorthStar Healthcare Income, Inc. UNITED KINGDOM cont’d. Healthcare Realty Trust Incorporated HR Spirit Realty Capital, Inc. SRC O’Donnell Strategic Industrial REIT, Inc. EUROPE Healthcare Trust of America, Inc. HTA St. Joe Company JOE Phillips Edison Grocery Center REIT I, Inc. GREECE: Athens Stock Exchange (ATH) AFI Development Plc AFRB Hersha Hospitality Trust HT STAG Industrial, Inc. STAG Phillips Edison Grocery Center REIT II, Inc. AUSTRIA: Vienna Stock Exchange (WBO) Babis Vovos International Construction S.A. VOVOS Alpha Pyrenees Trust Limited ALPH Highwoods Properties, Inc. -
Rathbone Income Fund Update March 2020
Rathbone Income Fund Update March 2020 So we come to the end of an extraordinary quarter. The Rathbone Income Fund fell back 26.2%, outperforming the IA Equity Income Sector, down 28.1%, but in line with the FTSE All-Share benchmark, midday to midday.* Unsurprisingly, the recent swathe of dividend deferrals and cancellations have also weighed on the sector … but more on this later. Our fund has succumbed to losses, which is never a nice experience, but there are three important silver linings: We are outperforming the sector, despite being hurt by our UK domestic exposure, which we had expected to come good after last year’s election; 3 months 6 months 1 year 3 years 5 years 10 years Rathbone -26.21% -23.02% -19.67% -18.45% -3.71% 77.90% Income Fund IA Equity -28.14% -23.00% -20.64% -17.56% -6.23% 54.82% Income Sector FTSE All -25.13%** -22.02% -18.45% -12.19% 2.89% 53.57% Share Index Source: FE Analytics, mid-price to mid-price; **this figure is from close of day to close of day, not midday to midday We are sitting on a decent cash pile (7.6% at period end), a war chest that we wish to put to good use; We have put through a 3% rise in our interim distribution. The biggest drags on our performance were Carnival (which has now been sold), Restaurant Group (which we have reduced), Bellway, Legal & General and Lloyds Banking Group. Carnival became an obvious high-profile casualty of the coronavirus pandemic, so we sold the shares ahead of its call to raise more debt and equity funding. -
Homes Have Never Been So Important
Homes have never been so important ANNUAL REPORT AND ACCOUNTS 2020 STRATEGIC REPORT Our purpose 1 Grainger at a glance 2 Chairman’s statement 4 Chief Executive’s statement 5 Investment case 10 Market drivers 12 Our business model 14 Key performance indicators 16 Financial review 19 Stories 25 People, resources and relationships 34 Section 172 statement 37 Our commitment to sustainability 38 Risk management 44 Principal risks and uncertainties 47 Viability statement 51 GOVERNANCE Chairman’s introduction to governance 52 Leadership and purpose 54 Division of responsibility 64 Composition, succession and evaluation 66 Audit, risk and control 69 Remuneration 74 Directors’ report 93 FINANCIAL STATEMENTS Independent auditor’s report 97 Consolidated income statement 104 Consolidated statement of comprehensive income 105 Consolidated statement of financial position 106 Consolidated statement of changes in equity 107 Consolidated statement of cash flows 108 Notes to the financial statements 109 Parent company statement of financial position 151 Parent company statement of changes in equity 152 Notes to the parent company financial statements 153 EPRA performance measures (unaudited) 160 Five year record 164 OTHER INFORMATION Shareholders’ information 166 Glossary of terms 167 Advisers 168 Our purpose is to provide high-quality rental homes and great REPORT STRATEGIC customer service. This has never been more important than during the unprecedented Covid-19 lockdown. Our homes have never been more fully utilised, and our market leading operating platform has never been more appreciated. It has enabled our residents to focus on the things that really matter during this period. Although doing some things a little differently, our Covid-19 response strategy ensured we focused on three key areas: innovate, communicate and improve. -
Real Estate Quarterly Report
Real estate quarterly report Second quarter 2021 | July 2021 Kindly sponsored by Aberdeen Standard Investments Value hunters boost property Best performing companies in price terms in Q2 2021 The easing of lockdown restrictions throughout the Chg. on quarter saw property companies stage somewhat of a quarter (%) comeback from the depths of the pandemic, despite St Modwen Properties 37.5 ‘freedom day’ being delayed into July. Panther Securities 34.1 The potential for an economic bounce in the second half of the year is BMO Commercial Property 28.0 Trust growing and generalist real estate investment trusts (REITs), which own diverse portfolios, were popular among value investors. However, the Sirius Real Estate 24.5 share price of property companies focused on retail, leisure and Schroder REIT 22.3 hospitality fell as the final stage of the roadmap out of lockdown was pushed back by a month. There is still much uncertainty in the sector, not least with COVID cases Property sector performance* increasing and a fourth wave likely in the Autumn. This is reflected in Time period 31/12/20 to 30/06/21 the wide discounts to net asset values (NAVs) that some property 116 companies’ shares are still trading on. 113 110 107 In this issue 104 101 98 • Performance data – Property companies continued their Dec/20 Jan/21 Feb/21 Mar/21 Apr/21 May/21 Jun/21 revival this quarter as the vaccine rollout gathered pace Source: Bloomberg, Marten & Co. Note *: Average share price of listed property companies rebased to 100 • Corporate activity – St Modwen Properties was the subject of a £1.27bn private equity takeover bid Biggest property companies at • Major news stories – AEW UK REIT won a High Court legal battle to recovered unpaid rent during COVID end of Q2 2021 Market Chg. -
Marten & Co / Quoted Data Word Template
Monthly roundup | Real estate October 2019 Winners and losers in September Best performing companies in price terms in Sept Worst performing companies in price terms in Sept (%) (%) Capital & Regional 37.9 Countrywide (11.7) Hammerson 24.9 Town Centre Securities (7.2) NewRiver REIT 19.1 Aseana Properties (5.1) Inland Homes 15.8 Harworth Group (4.3) Capital & Counties Properties 14.8 Ediston Property Investment Company (4.0) British Land 14.7 GRIT Real Estate Income Group (3.7) Workspace Group 13.2 Daejan Holdings (3.5) Countryside Properties 12.3 Primary Health Properties (2.9) Triple Point Social Housing REIT 11.7 Big Yellow Group (2.9) U and I Group 11.1 Conygar Investment Company (2.6) Source: Bloomberg, Marten & Co Source: Bloomberg, Marten & Co Capital & Regional share price YTD The month of Countrywide share price YTD On the flip side, the September was a UK’s biggest estate 40 12 bumper month for agent group, 30 many property 8 Countrywide, which 20 companies’ share also owns a 4 10 price, dominated by commercial real 0 retail focused 0 estate consultancy, Jan FebMar Apr May Jun Jul Aug Sep Jan FebMar Apr May Jun Jul Aug Sep companies, who in was the worst Source: Bloomberg, Marten & Co general have taken a Source: Bloomberg, Marten & Co performing in hammering over the September. It is the past 18 months or so. Top of the list was Capital & Regional. second month in a row that it has been in the bottom 10 and Shares in the shopping centre landlord bounced after it in the year to date it is beaten only by Intu Properties as the announced it was in talks with South African REIT worst performing listed property company, losing 53.5%.