Savills UK National Investment

✨ 2024 Investment Highlights It’s been a busy year for the Savills Scotland Investment Team, having been involved in over £350m of transactions. Major highlights reflect the continued resilience and adaptability of the market. Swipe through to see a selection of some of the activity from the last 12 months. The team is excited about the opportunities 2025 will bring, with some exciting projects going live early in the new year.

💭 "𝐈𝐧 𝐛𝐮𝐭 𝐧𝐨𝐭 𝐮𝐩... 𝐲𝐞𝐭" – The office investment landscape: http://savi.li/6048o8uR4 Despite the ongoing narrative around the 'death of the office' we continue to see UK investors choosing offices as a priority sector for capital deployment. Our latest investment perspective in Optimising Offices outlines: 🏢 An update on investor sentiment 📊 Growing competition from lenders and investors 🏧 Key transactions reflecting active buyer trends 📄 An assessment of the risk in occupational markets for offices ... and more Read the full article for more insights Emma Steele

𝐎𝐧𝐞 𝐬𝐢𝐳𝐞 𝐝𝐨𝐞𝐬 𝐧𝐨𝐭 𝐟𝐢𝐭 𝐚𝐥𝐥: http://savi.li/6041o8umR Despite Q3 being the lowest quarterly volume in 2024 - with just €5.8 billion transacted - European retail investments over the first three quarters of the year reached €19 billion, a 6% increase compared to the same period last year. The European Retail Market 2024 Report looks to the future of retail investment moving into 2025, poised for steady growth, driven by interest rate cuts, improving investor confidence and attractive income returns. Read the full report. Lydia Brissy

𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐚𝐥𝐞: 𝟑 𝐈𝐦𝐩𝐞𝐫𝐢𝐚𝐥 𝐖𝐚𝐲, 𝐂𝐫𝐨𝐲𝐝𝐨𝐧, 𝐂𝐑𝟎 𝟒𝐑𝐑 📍 Savills are bringing to the market freehold interest in 3 Imperial Way, Croydon on behalf of Croydon Council. Investment Summary: • Long income last mile industrial opportunity. • Strategically located, benefiting from exceptional road connectivity with direct access to Central London via the A23. • Industrial warehouse with a self-contained yard, totalling 25,688 sq ft (GIA). • 1.07 acre site with a site cover of 52%. • The surrounding area is popular with retail warehouse, trade counter, data centre and last mile logistics occupiers. For more information please contact: Charlie Foster | Zoe Jackson | Imogen Shepherd

[𝐅𝐎𝐑 𝐒𝐀𝐋𝐄] 𝐌𝐞𝐝𝐰𝐚𝐲 𝐕𝐚𝐥𝐥𝐞𝐲 𝐋𝐞𝐢𝐬𝐮𝐫𝐞 𝐏𝐚𝐫𝐤 A dominant leisure park in the south east of England, approximately 2.5 miles from the historic centre of Rochester. Investment considerations include: 🚗 Easy access from the M2 motorway - direct access to London and Kentish port towns 👥 A wide reach drawing from a 20 minute catchment of 668,000 people. 🏢 Comprises 215,512 sq ft within 11individual units ✨ One of the best trading leisure parks in the south of England Click through the brochure for other considerations. For more information on this strong trading leisure park investment opportunity please contact: James Hurst | Georgina Ward

Exciting news from the health and fitness sector! 🏋️♂️ http://savi.li/6044WYndr David Lloyd Health and Fitness Club in Bury St Edmunds, Suffolk, has been acquired by abrdn on behalf of a segregated client through a sale and leaseback agreement. The deal includes a new 30-year lease with David Lloyd Leisure Limited. Savills acted for abrdn, while Portland Leisure Advisers represented the vendor. George Trimmer, Investment at Savills, notes: "With health-conscious living on the rise, this asset is well-positioned to meet future demand and offer a strong return on investment." Set to open in December 2024, the 64,045 sq ft site spans 5 acres and boasts exceptional facilities, including: 🏓 Padel tennis courts 🏊♂️ Indoor and outdoor swimming pools 🧘♂️ Spa David Lloyd has seen outstanding performance, with record membership numbers and revenue growth in 2024. As the UK health and fitness market continues to thrive, this long-income asset with its solid 30-year lease is a prime investment opportunity. Stuart Caswell | Mark Sheehan

𝗧𝗛𝗘 𝗟𝗔𝗡𝗘𝗦, 𝗖𝗔𝗥𝗟𝗜𝗦𝗟𝗘 📍 The Lanes is a 437,331 sq ft scheme, dominating the retail offer in Carlisle 🛍️ Strong anchor tenants including the Primark (55,915 sq ft), River Island (11,546 sq ft), Poundland (7,685 sq ft) and Next (14,076 sq ft) 💷 Robust and sustainable income profile with a WAULT to expiry of 7.32 years and a WAULT to break of 6.12 years For more information please contact Toby Ogilvie-Smals or Lottie Thomas

⚽ Savills National Investment Industrial team recently participated in the Marchmont Investment Management Charity 5-a-side football tournament for Muscular Dystrophy UK. Through the efforts of all involved Manchmont revealed they raised an incredible £25,000 for the charity at the event. A huge well done to all involved! Charlie Foster | Jack Stacey | Olivia Davidson | Zoe Jackson | Tom Hupfield | Joseph Bryan #Charity #mduk

The Savills Birmingham investment team has been instructed to market Blenheim Court, Warwick Road & Lode Lane, Solihull. The opportunity comprises a highly prominent multi-building office investment with significant value add and alternative use potential, extending to 145,836 sq ft, on a site of 2.3 acres. Blenheim Court is situated in the heart of Solihull town centre, immediately adjacent to the the town's prime retail core, and comprises the most prominent office scheme in Solihull town centre; one of the Midlands’ leading office locations, known for its ability to attract and retain major corporate occupiers. A quoting price of £19,000,000 for the freehold interest reflects an attractive NIY of 12.70%, a low capital value of £130 per sq ft, and a potential reversionary yield in excess of 20%. For more information on this sale please get in contact with the Savills team: Nick Wood, Liam Culbertson, Jonothan Holmes, Richard Lingen or Michael Maguire.

Savills Advises the Joint Venture Between Roadside Real Estate PLC and Meadow Partners on the Forward Funding of 12 Lidl Stores: http://savi.li/6041WMV7L The portfolio is spread across England and Scotland, with locations including Alexandria, Birmingham, Bovey Tracey, Bristol, Crediton, Downham Market, Hull, Manchester, Northampton, Reading, Redcar, and Saffron Walden. Completion of the stores is expected between late October 2024 and February 2025. George Trimmer, Investment, comments 🗣️ “This is a unique opportunity to forward fund the construction of 12 supermarkets let to Lidl Great Britain Limited. The foodstores will be let on 25-year leases, which offers both stability and growth, providing a reliable long-term income stream with the added benefit of annual indexation. In addition, the sale and leaseback arrangement offers Lidl an excellent opportunity to unlock capital, while retaining operational control.” Simon Jones, Roadside Real Estate plc’s Property Director, said: “We’re delighted to have worked with Lidl on the funding of 12 new stores across the UK, especially as it is one of fastest growing food retailers in the country. We have a strong pipeline of acquisitions and envisage reaching £150 million of acquisitions in the first 12 months of the joint venture.” For more information contact Savills expert: George Trimmer Roadside Real Estate plc: Simon Jones | Charles Dickson Meadow Partners: Joe Copping | Andrew McDaniel Lidl GB: Richard Taylor Mishcon de Reya LLP: Todd Wu (吴拓)