A strategy for value creation
As our market evolves, we continue to refine our strategy and investment focus so that we can take advantage of the unprecedented opportunity our market has to offer and maximise the value we create for shareholders. Our strategy focuses on creating value at the point of asset acquisition and throughout the life cycle of the asset, through careful asset selection, proactive asset management, a robust focus on sustainability and appropriate financing.
1. Constructing a portfolio of large scale, high-quality assets
We continue to carefully construct a well-diversified portfolio of high-quality, large-scale logistics real estate assets, which are integral to our occupiers logistics and distribution supply chains. We strategically focus on acquiring assets that are well located in established locations, close to densely populated areas, across core countries in Continental Europe.
The size, quality and location of our assets ensure we are well placed to capitalise on the compelling demand/supply fundamentals that exist within our market. The composition of our portfolio underpins the Company’s ability to generate a high and secure level of inflation-linked income, as well as capital growth, which will in turn support the total returns and dividends we are targeting.
2. A forward looking approach to sustainability
The Company’s sustainability strategy focuses on owning healthy and sustainable buildings, achieving net zero carbon for direct operations, improving the portfolio’s energy efficiency, enhancing nature and wellbeing, and creating socio-economic impact.
3. Active asset management to add and realise further value
We seek to develop long-term relationships with our occupiers, working collaboratively with them to ensure their occupational needs are met, while identifying and realising opportunities to add value for shareholders.
With the objective being to grow value and generate secure and increasing income we restructure leases, fund key tenant fit-outs that enhance our assets and fund new building construction or extensions to existing buildings on spare land. When we believe an asset has reached its full potential within our ownership, we look to crystallise this value through disposals, recycling capital into higher returning development and investment opportunities.
4. Efficient and prudent financing
The Company’s strategy is supported by a progressive and active capital management programme. This may include recycling capital through asset disposals, partnering with other investors, continued debt management and raising new equity, where supported by a clear rationale.