Our investment strategy

We focus where we have expertise and critical mass.

Our investment strategy sets the direction of travel for our business and puts in place a structure that helps us meet stretching financial targets.

We concentrate investment and asset management activity on our core sectors of central London, dominant regional retail and leisure schemes, rural and strategic land and offshore wind. Combining our expertise and critical mass within these sectors enables us to gain competitive advantage and achieve outperformance.

St James's Market

We have delivered another year of market outperformance, enabling us to contribute a record £304.1 million to HM Treasury.

We’re unable to take on debt, so it’s vital that we find effective ways to access working capital to fund our development pipeline and operational activity. Capital market trading and strategic partnerships in commercial property provide us with liquidity, allowing us to respond to the market and deliver our strategic objectives.

Central London

We hold almost the entire freehold to Regent Street and since 2002 have been implementing the £1 billion Regent Street Vision investment programme. In St James’s our business covers 50 per cent of the buildings and the portfolio is currently the focus of a £500 million investment plan.

Offshore wind and marine minerals

In our fourth integrated annual report, we have continued to build on the progress made so far.

As manager of the UK’s seabed out to the 12 nautical mile limit, we play a major role in the development of the offshore wind energy industry. We award and manage commercial agreements for companies to extract sand and gravel resources off the coast of the UK.

Retail

Our prime retail portfolio includes 14 retail parks, three shopping centres and two leisure destinations. As the third largest direct owner of retail parks in the UK, and as a specialist property manager of retail and leisure, we leverage our expertise to deliver sustainable asset management strategies.

Rural and strategic land

Progressing strategic land opportunities on our rural estate is a key focus for our business and each year we are bringing forward sites that deliver thousands of new homes, which provides important capital receipts for our business.