Topland Group is one of the largest privately owned international investment groups, with property assets in region of $8 billion. We have our own significant cash reserves and are therefore well placed to continue with the acquisition of both large corporate deals and property assets, with plans to increase our portfolio by a further $3.9 billion in the coming year.
We are well known for the acquisition of 33 supermarkets and two distribution centres from Tesco in 2004 at around $1.3 billion, as well as the Marks & Spencer portfolio of 78 stores in 2001 for in the region of £1.69 billion.
Topland has now disposed of its interest in the Joint Venture with Tesco, and has sold its portfolio at market value at around $1.9 billion.
We are diversifying into Europe, having acquired the Magnum Portfolio, consisting of retail warehousing in Germany, and pride ourselves on the diversity of both our product and the sectors we consider.
Our assets range from City of London offices such as the Addleshaw Goddard building in Aldersgate, the ABI headquarters in Gresham Street and Merrill Lynch headquarters in King William Street to large distribution units such as the 330,000 sq ft warehouse at Trafford Park, Manchester, occupied by Kelloggs. We invest in the leisure sector, holding portfolios in both pubs and hotels, including six prime located London Thistle hotels. For some time we have invested in the healthcare sector, such as doctors' surgeries and hospitals, and will consider PFI projects in this field.
The Group's diversity of sector is matched by its diversity of product. We are presently developing a 170,000 sq ft office in Bristol, to be occupied by Clerical Medical, and have built large distribution units, retail warehouses and offices for other major tenants.
Joint ventures are considered on a regular basis in all areas.
|
