Starbucks & Costa coffee drive-thru portfolio
Across the UK

Description
A portfolio of 13 new drive-thru format coffee shops, located across the UK
Acquisition Structure
Pre-let forward funding
Date Acquired
February 2019
Rent Review
Retail Price Index
Tenants
Starbucks Coffee Company (UK) Limited and Costa Limited
Lease Term
15 years, without break

Greene King pub portfolio
Across the UK

Description
A portfolio of 14 existing assets located across the UK
Acquisition Structure
Built assets
Date Acquired
June 2019
Rent Review
Fixed uplifts of 2.5%
Tenant/Guarantor
Green King plc
Lease Term
15 years, without break

PGL activity centre
Lancaster, Lancashire

Description
Outdoor activity centre
Acquisition Structure
Sale and leaseback
Date Acquired
July 2019
Rent Review
Retail Price Index
Tenant Guarantor
HB Education Limited
Lease Term
35 years, without break