Guildford, 94 High Street

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1 Guildford, 94 High Street Stephen Cottrell. Acting on behalf of PRUPIM, we have secured a new 10 year FRI lease with 3 months rent free on No. 94 High Street to Calvin Klein at a rent of 175,000 per annum. There is a tenant only break option at year 5 subject to a 12 month rent penalty if operated. The premises are arranged on ground, first, second, third and basement floors with a ground floor sales area of approximately 780 sq. ft. The rent reflects per sq. ft. Zone A, which is a record for Guildford. Northampton, Abington Street Acting on behalf of Standard Life, we have secured a new 10 year FRI lease on 24 Abington Street to Select at a rent of 160,000 per annum with incentives. There is a tenant only break in year 7. The premises are arranged on ground and first floor with a ground floor sales area of approximately 3,910 sq. ft. Stephen Cottrell. Kingston, Clarence Street Acting on behalf of Office Shoes, we have acquired No. 10 Clarence Street on a new 10 year FRI lease with 9 months rent free at 280,000 per annum. The premises are arranged on ground, first and second floors with a ground floor sales area of approximately 1,308 sq. ft. Thomas Nulty.

2 Edmonton Green, Edmonton Green Shopping Centre Acting on behalf of St Modwen jointly with GCW, we have secured new lettings to Costa Coffee and Blue Inc. Costa Coffee have entered into a new 15 year lease on unit 4 North Mall and Blue Inc a 10 year lease on unit 14/15 Market Square. Opportunities remain in the scheme which benefits from a footfall of 200,000 per week and is anchored by Asda and Tesco with other retailers including Argos, Dreams, and Home Bargains. Adam Bindman or Matthew Beardall. Birmingham, Kings Heath, Scots Corner Acting on Behalf of ING, we have secured lettings to The Works and Costa Coffee. Both retailers have entered into 10 year leases. For further information, please contact Adam Bindman.

3 Guildford, High Street Acting on behalf of SWIP, we negotiated the December 2010 rent review on No. 149 High Street (T/a Habitat). The unit provides approximately 14,206 sq. ft. NIA of accommodation arranged over 5 floors. A stepped rent was agreed averaging 560,300 pax over the 5 year period, which represents a 42% uplift from the previous rent of 395,000 pax set in Stephen Parker or James Dellar. Oxford, The Clarendon Centre On behalf of Lothbury, we negotiated the August 2009 rent review on Unit 20 The Clarendon Centre, Oxford (T/a Zara). The unit provides approximately 21,091 sq. ft. GIA of accommodation arranged over 3 floors. The rent was agreed at 527,000 pax, a 52,000 increase from the previous rent set in Stephen Parker or James Dellar. Keighley, The Airedale Shopping Centre On behalf of Delancey, we negotiated the April 2009 rent review on Unit 28 Cooke Lane (T/a Phones 4U) and the July 2009 rent review on Unit 9 College Walk, (T/a The Fragrance Shop). The rents were agreed at 41,000 pax and 41,300 pax respectively, reflecting increases of 14% and 18% from the previous rents, set in Stephen Parker or James Dellar.

4 Brighton, Carden Avenue Acting on behalf of Legal & General, we have obtained an Award at in respect of the June 2009 rent review on Unit 2 Carden Avenue (Brantano) - 10,000 sq. ft. The Award represents a significant uplift on the previous passing rental of from 2004, and reflects the increasing importance of this location as an A1 destination in Brighton. Nigel Bagge. Woking, Lion Retail Park On behalf of British Land, we have settled the June 2011 rent review on Unit 6 Lion Retail Park (Pets at Home) A1 non-food, through negotiation at a rent equating to per sq. ft. (10,015 sq. ft.). This represents an increase on the passing rental of from We are currently undertaking other rent reviews on the same scheme. Nigel Bagge.

5 Portsmouth, Burrfields Retail Park On behalf of ING (Cadbury Schweppes Pension Trust Limited), we have obtained an Expert Determination on the 15,079 sq. ft. Staples unit. The review date was post recession in November 2008 and the dispute revolved around an appropriate discount for poorer market conditions and quantum compared with the adjoining 10,000 sq. ft. Pets at Home, which we had reviewed to as from November Concentrating on local and south coast evidence, we have obtained a determination at 19.25, which compares favourably with the landlords offer to reach a compromise settlement at per sq. ft. Nigel Bagge. Waltham Abbey, Highbridge Retail Park On behalf of Legal and General, we have carried out a surrender of a Harveys lease (10,000 sq. ft.) at Highbridge Retail Park, Waltham Abbey and a simultaneous new letting to Home Bargains on a 15 year lease at a headline rent of 22 psf. This shows strong rental growth on the park, and the incoming tenant further softens the tenant line up after lettings to Pets at Home and Mothercare. Simon Quick.

6 Winchester, High Street Acting on behalf of Coal Pension Properties Ltd c/o LaSalle Investment Management, we sold 9/11 High Street, Winchester. The unit is let to Next Group Plc until 2017 at a current passing rent of 330,000 pax. A price in the region of 5.95m was paid, which reflects a Net Initial Yield of 5.25% David Freeman, James Baillie or Ed Smith. Cardiff Bay, Dunleavy Drive Retail Park Acting on behalf of Henderson UK Property Fund, we advised on the purchase of Dunleavy Drive Retail Park in Cardiff Bay. The park, built in 2007 and comprising circa 1,757 m² (18,907 sq ft) in five stand alone units, is let on FR&I terms to 6 tenants including Frankie & Benny s, Majestic Wine, Starbucks, and Greggs. The current rent is 354,240 pax and a price in the region of 5.375m was paid, reflecting a net initial yield of 6.23%. David Freeman, James Baillie or Ed Smith. Slough, High Street Acting on behalf of AXA REIM jointly with KLM, we sold No s High Street Slough. The property is let to JD Sports Fashion Plc until 2020 and Poundland Limited until 2020 at a total current passing rent of 283,000 pax. A price in the region of 4.25m was paid, which reflects a Net Initial Yield of 6.29%. David Freeman, James Baillie or Ed Smith.