Portfolio

Paddington, London

Tenant

Multi-let to 13 tenants (incl. Tesco)

Address

4 Praed Street
London
United Kingdom

Sector

Retail

Acquisition date

Q3 2004

Through active asset management which has provided strong rental evidence, we have driven sustained income growth at the last two rounds of reviews. We have recently taken a surrender of a prime restaurant unit for a reverse premium with the new rent forecast to be 30% higher than the previous rent.