Current assets under management total approximately £150m, of which around one third of the portfolio is owned by First Alliance Properties with the remainder held in JVs. The portfolio is a mix of retail parks, single-let industrial, industrial estates and developments. Over 50% of income is from assets located in the South East, the rest is from assets located in the Midlands, the North West and Wales.
Occupancy is 100% for retail parks and 94% for industrial, this equates to an overall occupancy rate across the portfolio of 96%. There are a total of 27 tenants providing an annual rent roll of £7.4m in 630,000 sq ft of commercial space.