Soho
Topland acquired 1-3 Upper James Street, an iconic mixed-use restaurant/office investment in the prime of Soho. Through proactive asset management, we have considerably enhanced the income profile since acquisition.
Over the years we have invested smartly in the retail sector and was one of the first movers into the large-scale supermarket sale & leasebacks. This included 78 Marks & Spencer stores, 33 Tesco supermarkets and 56 Aldi stores.
More recently, we have acquired across all sub-sectors, targeting high-quality, resilient retail locations across the UK underpinned by institutional/investment grade tenants.
Topland acquired 1-3 Upper James Street, an iconic mixed-use restaurant/office investment in the prime of Soho. Through proactive asset management, we have considerably enhanced the income profile since acquisition.
We acquired this investment for 9% NIY, with 8.75 years unexpired to DFS. This investment offers high-quality income at an attractive yield. Owing to its solus nature and large site area, the site offers optionality for alternative uses in the future.