Lothbury Property Trust
Case Studies
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£150m+
330,000 sq ft
This well-located multi-let industrial park in West London comprises 4 units, and has been in the portfolio since inception.
Our Active development team constructed the Tesco Distribution Warehouse on this park in June 2010. In 2018, the Active team completed a new depot distribution centre for Royal Mail. A BREAM sustainability rating of ‘Excellent’ was achieved on the development.
£90m+
17,500 sq ft
This is the Fund’s flagship retail asset, located in the heart of Covent Garden. It comprises six retail units and seven residential apartments fronting the busy pedestrianised thoroughfare of James Street, which links Covent Garden Tube station with the Piazza. The retail unit tenants include high-profile covenants such as Mac Cosmetics, Michael Kors and Skechers.
£75m+
145,000 sq ft
The Clarendon Centre in Oxford is undergoing a change of use to develop an academic and living hub in the centre of Oxford. The Planning application was submitted in January 2021.
Please view the Centre’s website here.
£50-100m
30,000 sq ft
This property is in the heart of the prime St James’s area, close to Piccadilly and The Ritz Hotel. The property was acquired in 2011 and was completely redeveloped to provide a total of 30,000 sq ft of lettable space, including 23,000 sq ft of office space, five residential units and a 4,400 sq ft pub. The project began in Q1 2013, with practical completion occurring in Q4 2015. The Active development team achieved an “Excellent” BREEAM Sustainability rating for this project, a target driven by the Fund’s commitment to designing and constructing sustainable buildings.
£50-100m
41,500 sq ft
The Fund purchased this property off-market in July 2010, with a view to comprehensively redeveloping the site. The development programme was completed in 2012 and the reception and two office floors were refurbished in 2018. The building was designed to appeal to the buoyant technology, media and telecommunications sector.
Situated just to the north of Oxford Street and within easy reach of Tottenham Court Road Underground station, the property is perfectly placed to benefit from Crossrail.
£50-100m
67,500 sq ft
This Sainsbury’s food store is located in Islington which is one of London’s most densely populated and wealthiest boroughs.
The property is arranged on a site of 2.54 acres and includes a 130 space surface car park.
Given its central location and large site area, the site has significant development potential which could include a mixed residential and retail scheme.
£40-50m
230,599 sq ft
Priory Park has a spread of high quality tenants which has been in the Lothbury Property Trust portfolio since 2004.
The Park is a very popular location for occupiers with first rate access to the local road network, benefitting direct access from the A20. Junction 5 of the M20 motorway is easily reached, approximately 1.5 miles to the north.
Other major occupiers on Priory Park include Tesco, Kent Police Authority and Chubb Fire.
£40-50m
56,000 sq ft
This asset is located three miles to the south of Manchester city centre, in the densely populated suburb of Fallowfield, and is on Wilmslow Road, one of the city’s major transport routes. The Fund purchased the asset in 2010. The lease benefits from annual rental uplifts based on RPI growth.
£40-50m
418 units
Sheraton Park, Durham is a Student Accommodation scheme that completed for the 2017/2018 academic year. It is the largest of five student accommodation schemes owned by the Fund.
This development consisted of two elements. The first being the entirely new construction of Sheraton House, which comprises 64,000 sq ft and houses 191 bedrooms. Secondly, the refurbishment of Neville House, which is an Edwardian era building comprising 81,000 sq ft and provides 227 bedrooms.
The Fund let the entire scheme to Durham University on a 25 year lease with annual RPI rental uplifts.
The Fund achieved a BREEAM sustainability rating of ‘Very Good’ for this development, which reflects the Fund’s commitment to constructing sustainable and energy efficient properties.
£36m+
Meteor Park has been in the Lothbury Portfolio since 2014. Meteor Park is strategically located adjacent to junction 6 of the M6, close to Birmingham city centre.
This is the website of Lothbury Investment Management Limited of 1 Angel Lane, London, EC4R 3AB, United Kingdom, a company registered in England with registered number 04185370. Lothbury Investment Management Limited (or “LIM”) is authorised and regulated by the Financial Conduct Authority in the United Kingdom.
Lothbury Investment Management Limited is the manager of the Lothbury Property Trust ("LPT") and the Lothbury Global Feeder LP ("LGF") (together, the “Funds”). LPT is a sub-fund of the Lothbury Global Institutional Funds, which is regulated by the Central Bank of Ireland. LGF was established as a limited partnership in Jersey under the Limited Partnerships (Jersey) Law 1994 through the filing of a declaration of limited partnership. The Funds are alternative investment funds (“AIFs”) for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (the “Directive”). LIM has been appointed and acts as alternative investment fund manager (“AIFM”) in respect of the AIFs. For these purposes, LIM is authorised and regulated in the United Kingdom by the Financial Conduct Authority for the purposes of managing unauthorised AIFs (and for various other activities). The Funds are also unregulated collective investment schemes for the purposes of the United Kingdom Financial Services and Markets Act 2000 (the “Act”).
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