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We’re the largest UK-listed,

We’re the largest UK-listed, dedicated owner of prime retail-led destinations across the UK, France and Ireland.

We leverage our integrated operating platform, bringing together expert colleagues, leading partners and the latest technology to curate destinations – for today and the future.

Our city and urban locations rank in the top 20 of all retail venues across our geographies and in the top 1% where retail spend is concentrated.

Our catchment reach of 40 million people attracts 170 
million visitors per year, generating £3 billion of sales for 
our brand partners.

Our strategy

Our aim is simple – to deliver sustainable growth in assets under management, income and earnings, thereby enhancing returns to investors.

We are investing for organic growth and value creation in our core assets, creating option value from our strategic land, and supplementing this with acquisitions. Our asset and customer focus is underpinned by our integrated pure-play platform, our resilient capital structure and by our commitment to act responsibly. We have three strategic pillars.

Our portfolio

We manage and invest in a unique £4.4bn portfolio of growing landmark destinations, 98% of which by value are ‘A’ rated by Green Street.

Our portfolio reaches the strongest of catchments and is positioned at the heart of thriving cities and communities. Through active management and continuous reinvestment, we create destinations that evolve with how people live, work and spend time today.

Investors

For our investors, we create value by applying our investment and operational expertise to our prime, growing portfolio of landmark destinations, delivering sustainable long-term returns.

Key Results

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£ 180 m

Net rental income
+23% YoY growth
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£ 104 m

EPRA earnings
+5% YoY growth
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£ 251 m

Passing rent
+3% YoY LfL growth
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- 18 %

Emissions like-for

-like YoY change
Downloadable Reports
25th March 2026 8.4MB
Annual Report 2025
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25th March 2026 69.4MB
Annual Report 2025 ESEF version
These ESEF compliant accounts are those that comply with the Transparency Regulations and the UK Disclosure Guidance and Transparency Rules.
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25th March 2026 9.4MB
ESG Report 2025
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25th February 2026
2025 Full Year Results
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Latest news and insights

Hear the latest about our business, including milestone announcements, news from our destinations and insights from our team.