Occupational demand continues across the portfolio in early 2021

Occupational demand for industrial and trade counter stock across our South Coast portfolio has been unaffected by Covid-19.

In the first two months of 2021 over 50,000 sqft of transactions have taken place, with more in the pipeline. Rents for industrial and trade counter stock continue to rise, with no movement in incentives when compared to pre Covid-19.

The completed transactions include locations such as Shoreham, Havant, Chichester and Winchester, with all lettings to Grade A tenants, illustrating demand from national occupiers, and improving the income profile and average lease length of the portfolio.

2021-03-05T15:53:42+00:00

Objective	Target Year
Establish an ESG working group	Established
Develop a website section disclosing ESG strategy and progress	Completed
All new developments must be sustainable developments	Annual
Implement a process for regular asset-level performance review	2024
Set minimum standards for major development and refurbishments	Completed

Objective	Target Year
Integrate Wellbeing Principles into new development or refurbishments	2024
Establish biodiversity net-gain objectives for new developments	Completed

Objective	Target Year
Maintain zero waste to landfill (controlled assets)	Annual
Complete waste audits to identify improvement opportunities	Completed
Establish a process to gather waste data for developments	Completed
Reduce like-for-like waste generation by 5% for controlled assets	2025
Increase recycling rate by 50% for controlled assets	2025

Objective	Target Year
Procure 100% renewable electricity certified	Completed 2022 / Ongoing
10% reduction in like-for-like energy use for controlled assets	2025
100% actual data for all managed sites	Completed
Annual full GHG emissions assessment	Annual
Develop a Science-based Target (SBT) / net zero	Completed 2022 / Ongoing
Achieve a minimum Building Energy Rating – B EPC for all assets	2030
Develop asset-level roadmaps for reducing GHG emissions	Completed
25 EV charging points installed and facilitated	2025

Objective	Target Year
Maintain a gender balance across teams (long-term)	2025
Establish a fund to support training with professional bodies	Fund Established
Establish an annual volunteering day supporting local community	Annual
Partner and support local community groups and charities	Annual