We create economic and social value for our stakeholders through an analytical understanding of our tenants and their needs, by drawing on strong networks and relationships, and by increasingly embedding sustainability considerations in our approach.
The following resources are central to our value creation model:
Skilled and experienced people
How we create value
Identify investment opportunities
Complete due diligence and purchase
Monitor and manage investments
Create value through asset management
Hold or divest
Creating economic value
The majority of our occupiers pay rent quarterly in advance, converting our revenue quickly into cash.
Many of our costs are partially or wholly fixed, so we turn a rising proportion of our income into profit as we grow. As a REIT, we do not pay corporation tax on profits and capital gains from our qualifying property rental business, supporting our ability to pay progressive dividends to shareholders.
We also generate capital growth through our asset management activities, higher rents and market yield compression, contributing to our NAV growth.
We create value for our lenders through robust interest cover and attractive assets, which provide a high level of security.