UNITED STATES OF AMERICA

We entered the US market in December 2007 with our first purchase of a 135,000 sq ft shopping center in Newport News, Virginia. This is a strategically located center at the heart of the 4.4m sq ft Patrick Henry Trade Area, a very rare ‘Bond style’ Master lease to Best Buy.

We subsequently built a portfolio of bank ground leases in Illinois and Virginia. Concentrating on the strongest names in the US banking market, we sought value in banks at the height of the banking crisis.

REQUIREMENTS

Big Box Retail
• Single Tenant Net Leased Fee, Ground Lease or Improved
• New developments preferred
• Chicago MSA and Major East Coast Metros/ Coastal markets
• Grocery Stores and Supermarkets
• Home Improvement retailers, Best Buy, Warehouse Clubs
• Development finance available
• Sale and Leasebacks and Portfolio sales
• $7.00-$25.00m
• Debt Free preferred

Ground Leases
• Absolute Net leases only
• Minimum 10% rent escalations every 5 years
• 20+ year leases only
• National Credit Tenants
• Grocery Anchored preferred
• Chicago MSA, Florida, Virginia unless a portfolio sale
• Minimum $3m
• Sale & Leasebacks and portfolio sales
• No Drugstores, Restaurant, Auto or flat leases

Development
• Single tenant Big Box developments
• Cash starved, new or stalled developments with National Credit or Regionally dominant Tenants
• Dominant Trade Areas only
• $8-20m

Distressed Retail and Land
• Quality Retail developments with Grocery element, Grocery anchored or National Credit Anchor
• REO or developer owned - Cash Flow constrained
• Community Centers, Power Centers, Grocery developments
• Dominant Trade Areas only
• Chicago and East