Retail and town centres

Retail and town centres Capita Real Estate Create / Develop / Protect / Enhance

INTRODUCTION Highcross, Leicester GL Hearn, part of Capita s Real Estate and Infrastructure consultancy, is a UK based specialist in Real Estate advisory services, with a national office network. We provide commercially driven advice to developers, investors, retailers and the public sector. We have an added value approach. By understanding our clients' business objectives, and bringing our expertise and enthusiasm to bear, we create, develop, protect and enhance clients' interests. Retail and town centre development has been and remains one of GL Hearn s core disciplines. We advise investor, developer, retailer and public sector clients on town centres, shopping centres, retail and leisure parks and new stores. In this most dynamic of sectors, our research and thought leadership work is central to our offer. Over the last 20 years, GL Hearn Directors have helped deliver many of the most prestigious and award winning town and city centre developments including Liverpool One, Belfast Victoria Square, High Cross Leicester, and Bristol s Cabot Circus. With retailer, leisure, and food store clients, our joined up advice includes asset management, lease advisory, investment, business rates, development consultancy, viability and planning from changes of use to large scale mixed use developments. Our clients are household names in the high street and on the retail/leisure parks, with a specialism in the food store sector. In 2017 my role as President of Revo places GL Hearn and Capita at the forefront of the high profile activities of Revo in the retail property and place sectors. It provides a platform for us to be closely associated with direct government discussion on matters including business rates and planning reforms. We are also instrumental in furthering the debate on the future of town centres and the high street and lobbying for more public infrastructure finance for towns, cities and other urban areas. I am particularly proud to be promoting inclusivity, access and diversity in our sector, pushing these key matters to the top of our agenda. I am pleased to set out our experience and qualifications in detail here. If you would like to know more about how we can assist you in creating new opportunities or to unlock value, we would be delighted to hear from you. Giulia Bunting Director and President of Revo glhearn.com 3

ABOUT GL HEARN We help clients create, develop, protect and enhance property assets that shape our environment. All GL Hearn services are defined by insight, commerciality, professional expertise and research. LOCAL GOVERNMENT BUSINESS SPACE HOUSING EDUCATION ENVIRONMENT Our defining principles are: understanding specific client goals and objectives first class service and value for money unparalleled expertise and the energy to deliver applying our commercial intelligence for clients benefit powerful local insight with extensive national experience. Delivery is at the core of our business. Our Real Estate Advisory Division combines the experience of over 90 sector specific professionals to provide an unparalleled, integrated service. RETAIL UTILITIES HEALTH TRANSPORT INFRASTRUCTURE Victoria Square, Belfast Operating across the UK, the Division's Development Group has been formed to ensure that leading market facing, commercial, strategic and technical advice is provided by GL Hearn throughout all stages of the development process. The Group brings together experts in development advisory and optimisation, planning, viability, strategic communications, affordable housing, development management, CPO and new homes agency. glhearn.com 5

OUR SERVICES AT A GLANCE Central to our approach is understanding our clients business, and focusing on what really matters. The following summarises our key services in the retail and town centres market. STRATEGY AND EVIDENCE We are involved at the earliest stages of the delivery process advising central government, local authorities, other public sector bodies and industry bodies on research and policy development. Over the last three years we have advised over 100 local authorities on strategic planning, economics, evidence and development consultancy. Specific services include: preparing evidence retail, leisure, housing and employment land studies undertaking research, thought leadership work and policy development for decision makers development plan advice town centre master planning and regeneration frameworks planning obligations / CIL frameworks market demand and financial viability advice. LAND ASSEMBLY Our team includes expert witnesses used to giving evidence at public inquiry on all aspects of the compulsory purchase process, as well as appearing at the Upper Tribunal of the Land Chamber. We act on behalf of public bodies negotiating site assembly and the use of CPO, acting on behalf of claimants. Specific services include: preparing property costs estimates managing the CPO process negotiating land acquisitions appearing as expert witness settling compensation claims. TOWN PLANNING We have specific expertise in protecting and enhancing value by proactive asset management through town planning services, and also a strong track record of securing permissions in all other retail environments. Specific services include: strategic planning advice planning appraisals and pre-acquisition reports retail impact and environmental impact assessments development plan advice expert witness for examinations and inquiries planning obligations and CIL advice. STRATEGIC COMMUNICATIONS Our Strategic Communications team offers a market leading approach to securing support in local authorities across the political spectrum. Our approach of integrating technical planning and communications advice ensures the two most important factors affecting success are considered from the outset and throughout the process. Specific services include: political intelligence and engagement stakeholder and community engagement public consultation community campaigning media management. DEVELOPMENT CONSULTANCY Our team is market-facing and highly experienced in advising retailers, investors, developers and the public sector. We provide analysis and drive viability into projects, undertaking demand assessments, marketing opportunities, brokering partnerships and development selection. Specific services include: market demand and viability assessments developer selection, partnering and procurement (open market and OJEU) advice valuations structure and negotiation of development documentation building consultancy daylight, sunlight, rights to light, neighbourly matters residential development, affordable housing and scheme optimisation. RETAIL ADVISORY Our Retail and Lease Advisory team specialises in advising landlords and tenants on lease advisory matters and investment advice. Whilst we are active in all retail sub-sectors, we have a specific expertise in foodstore established over several decades of advising foodstore operators and investors alike. Our services include: rent reviews lease renewals and re-gears portfolio overviews investment sales and acquisitions retail agency. 6 glhearn.com glhearn.com 7

"The City Council s long-term arrangements with GL Hearn stem from the involvement of the Planning and Development Director (Alastair Crowdy) in the development of Liverpool One. Alastair was instrumental in assisting the Council in delivering the policy, strategy and scheme which became the largest retail-led mixed use development in Europe. We have been able to utilise the firm in a variety of roles and they have integrated well with the Council s teams, have been adaptable, responsive and flexible and delivering to tight deadlines." Mike Burchnall Assistant Executive Director Liverpool City Council One of Grosvenor s inspired moves was the appointment of Giulia Bunting as part of the team at the very beginning. Grosvenor s John Bullough, who led the Liverpool project during its critical early stages, had once been on the opposing side to Bunting in a compulsory purchase inquiry and made sure they were on the same side this time. The appointment also strengthened Grosvenor s hand at the selection stage because Bunting s presence was a strong signal that a serious response to planning issues would inform the development of the scheme at the very highest level, rather than become retro fitted when events dictated. Extracted from Liverpool One Remaking a city centre David Littlefield 8 glhearn.com glhearn.com 9

The GL Hearn planning team, led by Graeme Tulley who has worked with us on our other major developments including Victoria Square, Belfast, has consistently demonstrated professional expertise and project management skills on our Newport Friars Walk scheme. They secured full planning consent within six months which is no small feat for a major city centre regeneration project and continue to be an integral part of the project team. Jon Munce Queensberry Real Estate TOWN CENTRE DEVELOPMENT OUR TRACK RECORD DIDCOT TOWN CENTRE HAMMERSON A 25,000 sq m retail-led mixed use scheme including M&S has been promoted as an extension to the Orchard Centre in the centre of Didcot. The scheme involves the loss of existing business floorspace and the relocation of several bus routes. The scheme will open in 2018. GL Hearn has provided planning, EIA, communications and land assembly advice. COWLEY NEWRIVER REIT Planning permission secured in 2017 for the regeneration of the Cowley District Centre outside Oxford. The proposal represents an investment by NRR of circa 60m and will deliver 226 flats; 71 bed hotel; A1/A3 retail; extensive public realm improvements; and new entrances/external improvements to the existing shopping centre. SOUTHAMPTON TELLON CAPITAL Planning permission secured for a retail led mixed use scheme in a highly sensitive historic environment. The Bargate Shopping Centre redevelopment scheme also includes residential properties and student accommodation. NEWPORT QUEENSBURY REAL ESTATE Planning permission secured for 35,000 sq m Friars Walk scheme developed by Queensbury Real Estate in partnership with Newport City Council. The scheme is anchored by Debenhams, with retail plaza, multi-screen cinema, restaurants new civic open space, and new bus station. Currently discharging conditions for scheme opening in 2015. GRAVESEND EDINBURGH HOUSE Hybrid planning permission secured in partnership with Gravesham Borough Council for major town centre regeneration project to provide 15,000 sq m retail extension, 400 new homes, community facilities and a new leisure offer in the town centre heritage quarter. BURGESS HILL NEWRIVER REIT Secured planning permission for the redevelopment of the Martlets Shopping Centre in 2016 to provide new library, community buildings, offices, hotel, retail and extensive public realm improvements. CHESTER CHESTER WEST AND CHESTER COUNCIL Instructed as part of Development Management team led by Rivington Land and ACME to obtain planning permission for a revised Northgate project of c.50,000 sq m of retail led mixed use development at the heart of the historic city centre. Friars Walk, Newport Image courtesy of Leslie Jones glhearn.com 11

SHOPPING CENTRE ASSET MANAGEMENT OUR TRACK RECORD Templars, Cowley District Centre Image courtesy of Corstophine + Wright EDMONTON - ST MODWEN DEVELOPMENTS Advising on a full application seeking to introduce converted redundant; refurbishment of the North mall of the centre; and an additional 65 residential units to the town centre, to be delivered as PRS. Key issues include the provision of very limited affordable housing, zero parking and ensuring the development relates well to an emerging town centre masterplan. HEMPSTEAD VALLEY, KENT BA PENSION FUND / BS PENSION FUND Strategic planning advice on the future of this 75,000 sq m shopping centre, securing planning permission for the reconfiguration of the centre including the food court, and appearing at the Core Strategy Examination. VARIOUS NEWRIVER REIT Strategic advice across the NewRiver shopping centre portfolio, including pre-acquisition due diligence appraisals, development plan advice and securing planning permission for asset enhancement and development schemes in Leeds, Leamington, Fareham and Worthing. VARIOUS M&G REAL ESTATE Acting as planning advisors on retail asset enhancements and development at several shopping centres including Cwmbran, Colchester, Sutton Coldfield and Maidstone. VARIOUS LAND SECURITIES Acting as retained planning advisor on a range of shopping centre and leisure assets. This has included provision of strategic planning/ development advice, defensive planning and securing planning permission for asset enhancements including changes of use, advertisements and digital media screens. VARIOUS - INFRARED CAPITAL PARTNERS/THE HARK GROUP Acting as planning consultants since 2011, we have secured planning permission for various development and asset management initiatives at centres including St John s Centre Liverpool, Clayton Square Liverpool, Galleries Bristol, Castle Mall Norwich and the Eastgate Centre, Basildon, including applications for closure of internal malls, new entrances, public realm enhancement, changes of use and advertisements. GUILDHALL SHOPPING CENTRE, EXETER - AVIVA INVESTORS Secured planning and listed building consent for extensive alterations and remodelling of the Centre including the Grade 2* listed Higher Market and remodelling of the public realm space surrounding the Grade 2* listed Church. The enhancements commence in autumn 2014. VARIOUS - EDINBURGH HOUSE Secured planning permission for various changes of uses and provided defensive planning advice at various Local Plan Inquires across a number of shopping centres, including Gravesend, Castleford and Port Talbot. BEDFORD - TELLON CAPITAL Advising on refurbishment of the Harpur Centre including new entrances, signage, landscaping and an increased food and beverage offer. glhearn.com 13

Highams Green, FOOD STORE LED DEVELOPMENT OUR TRACK RECORD "The team at GL Hearn has provided a range of consultancy services for our Highams Green major mixed-use project - from its initial feasibility through strategy and guidance to delivery. Their professional and skilled approach has contributed significantly to the success of this project and the delivery of new homes and our store in 2012. GL Hearn has taken a commercial approach delivering implementable planning as well as contributing to good design. Their approach has added value to the return on capital. Steve Akeju Spenhill Developments HIGHAMS GREEN, LONDON SPENHILL DEVELOPMENTS Following grant of full planning consent in 2011, this major mixed use development in the Borough of Waltham Forest has opened comprising a supermarket, over 250 homes and 9,000 sq m business park. The first affordable homes are now occupied and GL Hearn continues to market homes. PETERBOROUGH ING REAL ESTATE DEVELOPMENT Planning permission achieved in early 2012 for food store led mixed use scheme including 6,000 sq m office floorspace in an edge of centre location. Loss of former employment land and retail impact issues central to case. Waitrose opens in 2014. CROYDON, LONDON - TESCO STORES LTD Planning permission secured in 2013 for a new large stilted foodstore. In addition, over 1,700 sq m of business use (B1/B8) and a café forms part of this mixed use scheme. The proposal includes significant regeneration benefits, notably landscape works to the River Wandle. VARIOUS TESCO EXPRESS Advised and secured consent for 79 new Tesco Express stores, which was achieved through 357 planning applications for a range of matters including redevelopment; change of use; extensions; listed building consent; shop fronts; ATMs / bollards; adverts; and plant. 346 of these applications were approved demonstrating a success rate of 97%. Over 80% of the new stores were secured consent via delegated authority. STOURPORT - TESCO STORES LTD Planning permission for 4,200 sq m foodstore on the site of a former carpet factory secured despite a Judicial Review and High Court challenge. The store is now open. HILLINGDON SPENHILL REGENERATION Provided planning, viability and environmental services in respect of a retail-led mixed use proposal at the Former Master Brewer Site. The proposal comprises a 3,500 sq m foodstore, three independent retail units, a hotel and 125 residential units. The Council resolved to approve the application subject to a S106 Agreement and referral to the Mayor. PECKHAM TIGER DEVELOPMENTS Currently advising on a foodstoreled town centre scheme in Peckham town centre,. The scheme will involve the relocation of the existing Morrisons foodstore within the scheme whilst introducing new residential and workspace at upper levels. BURGESS HILL NEWRIVER REIT Secured planning permission for a new 3,423 sq m Lidl foodstore thereby facilitating the redevelopment of the Martlets Shopping Centre. This involved demolition of redundant gas holders, remediation works and highways improvements. MILTON KEYNES, ST MODWEN DEVELOPMENTS GL Hearn are currently advising on a major mixed use scheme including replacement commercial floorspace for an existing on-site manufacturer, some 300 residential units and a foodstore. The development includes the demolition of a number of buildings within a Conservation Area. glhearn.com 15

GL Hearn was an integral part of the St Stephens Place development team that helped deliver detailed planning permission without a Section 106 Agreement against the background of a competing leisure proposal in Trowbridge. Their ability to forge excellent working relationships with key planning officers and stakeholders as well as give clear and concise advice has been integral to the success of the scheme to date. Simon Russian - Legal & General Property RETAIL PARKS OUR TRACK RECORD ST STEPHENS PLACE LEISURE PARK, TROWBRIDGE LEGAL & GENERAL PROPERTY Planning permission secured for mixed use scheme including multiplex cinema, hotel and A3 units and enhanced public realm. The scheme has recently opened. MERTHYR TYDFIL HAMMERSON UK Planning permission secured for redevelopment of a 40,000 sq m out of centre Cyfarthfa retail park including a new M&S department store. Integrated planning and strategic communications advice throughout. The first phase is now open. SWANSEA HAMMERSON UK Planning permission secured for refurbishment of existing retail park to address evolving retailer requirements. This major investment provide for further food and beverage offer as well as significantly enhancing the public realm. TONBRIDGE OTR ESTATES Planning permission secured for new retail warehousing on historic employment land in an out of centre location. A detailed building survey was provided by Building Consultancy team to justify the loss of existing office and industrial buildings. WEDNESBURY - GALLAGHER DEVELOPMENTS Strategic planning advice over 15 years, securing outline and reserved matters permissions and subsequent relaxation of conditions and unit sub-division. Outline permission for new 1,000 sq m retail unit secured in 2014. THURROCK HAMMERSON Providing planning and strategic communications advice on mixed use scheme including a 6,700 sq m foodstore, restaurant units and over 300 residential units in West Thurrock. WELLINGBOROUGH - ST MODWEN DEVELOPMENTS Planning permission has been secured for a retail and leisure park with foodstore in an out of centre location. The proposals provide enhancement to an historic tree lined route at the front of the site. Several post permission changes have been secured to accommodate retailers needs as contracts are secured. VARIOUS STADIUM GROUP GL Hearn advise Stadium Group on their retail park portfolio which includes 13 retail parks throughout the UK. Over the last few years GL Hearn has secured planning permission for an extension to their retail park located in Prestatyn and also relaxed various restrictive goods conditions through Section 73 in Barnsley and Hull, as well as numerous change of use applications to alternative uses to ensure the vitality of the parks. St Stephens Place Leisure Park, Trowbridge Image courtesy of Mountford Pigott glhearn.com 17

Regents Court, Leamington Spa Image courtesy of Corstorphine + Wright We have worked with GL Hearn s planning team since our inception and have been delighted with their commercial approach and insightful understanding of the retail planning market. We use GL Hearn for a wide range of planning services including advising us about policy opportunities and risks and getting planning permission for our development programme." Nick Sewell Director, NewRiver REIT LEISURE LED DEVELOPMENT OUR TRACK RECORD VARIOUS HARRIS + HOOLE GL Hearn advised Harris + Hoole on the expansion of this new coffee shop chain. Of over 50 sites appraised, 26 have been taken forward and are now trading. Services include applications for changes of use, listed building consent, shop front, plant, canopy, and outdoor seating as well as licences for music, alcohol and canopies. VARIOUS FAIRACRE ASSET MANAGEMENT Acting as strategic and development management planning advisors since 2010. This has involved identifying strategies to maximise the value of their estate (acting as receivers and landlords) through asset optimisation and asset management opportunities. We have secured planning permission for various development and asset management initiatives at centres within Harrow, Richmond, Islington, Ealing, Hemel Hempstead, Epsom, Watford, North Tyneside, Llanelli, and Ormskirk ranging from securing advertisement consent, variation of conditions to complete redevelopment to provide mixed use buildings. VARIOUS - PURE GYM GL Hearn are strategic planning advisors to Pure Gym (a 24 hour dry gym operation) assisting in their rapid expansion plans within the south of England. Recent successes include the change of use of a B1 office block to form a 10,000 sq ft gym within a Strategic Employment Area (as defined by the Mayor of ) in Enfield, the change of use of an A1 retail unit to form a 12,000 sq ft gym in Reading Town Centre and the change of use of an upper floor retail unit within Brighton Town Centre VARIOUS - PRET GL Hearn are planning advisors to Preta-Manger assisting in their expansion plans for 2017/18. We provide town planning support with respect to changes of use and store fit outs as well as licencing applications. Recent examples include new stores in Westminster, Harrow, Camden and Sheffield. LANDSEC LEWISHAM Secured the change of use of the former Riverdale Hall in Lewisham town centre to provide restaurants, cafes and bars at ground, first and roof level. The proposal will enable the currently vacant Riverdale Hall to be brought back into economic use and in so doing contribute to Lewisham s night time economy. ROYAL LEAMINGTON SPA NEWRIVER REIT Securing a number of planning permissions, including changes of use and new public realm, to reinvent a struggling retailing centre into a successful food and drink hub for the town. TELFORD - SOVEREIGN CENTROS Secured outline planning permission for retail and leisure space in the town centre, including a new bus station. Many of the food & beverage units are now occupied. The development adjoins the recent development promoted by the Council which also adds a new dimension to the leisure offer in the town, including a new cinema and hotel. glhearn.com 19

"GL Hearn has provided a significant amount of advice and support to Canterbury City Council over the past 6 years, covering a wide range of planning, property and regeneration issues. The working relationship that the council maintains with GL Hearn is excellent, as has been the advice, guidance and support provided. It is for this reason that the City Council continues to use the services that GL Hearn provide." Tricia Marshall, Director of Resources, Canterbury City Council DEVELOPMENT CONSULTANCY OUR TRACK RECORD Canterbury Riverside Image courtesy of LinkCity BRENT CROSS, LONDON HAMMERSON UK, STANDARD LIFE AND LONDON BOROUGH OF BARNET Acting as compulsory purchase advisors on the comprehensive redevelopment of the Brent Cross shopping centre and Cricklewood area. The full project consists of a 35,000 sq m extension of the existing shopping centre, together with 7,500 new homes, three new schools, 400,000 sq m of offices, a community hub, and major infrastructure works. KINGSMEAD, CANTERBURY CANTERBURY CITY COUNCIL Development consultancy advice for the Kingsmead Regeneration Area adjacent to the historic city centre including preparation of a Development Brief. Marketing of Kingsmead Riverside for a cinema led mixed use development. OJEU procurement of LinkCity for a scheme comprising an eight screen cinema, restaurants, retail, basement car park, student accommodation and 150 homes. MAIDENHEAD ROYAL BOROUGH OF WINDSOR AND MAIDENHEAD Planning and development consultancy advice on the regeneration of Maidenhead town centre, including preparation of the Maidenhead town centre Area Action Plan, feasibility studies on key town centre sites and the OJEU procurement of a joint venture development partner, Countryside Properties, to develop four key sites in Maidenhead town centre for retail, leisure, residential and community uses. EDMONTON GREEN SHOPPING CENTRE, LONDON LONDON BOROUGH OF ENFIELD Advice on restructuring head lease arrangements between Borough of Enfield and St Modwen to facilitate redevelopment and ensure equitable rent sharing arrangements. WOOLWICH TOWN CENTRE ROYAL BOROUGH OF GREENWICH Advising Greenwich Council on the developer selection for Spray Street area in Woolwich town centre located between the DLR and forthcoming Cross Rail station, for mixed use retail, leisure and residential scheme. MULBERRY PLACE, DAVENTRY DAVENTRY DISTRICT COUNCIL Advice on negotiations with development partner Henry Boot Developments. Two schemes are proposed including a retail unit shop scheme of 7,500 sq m in the heart of the town centre which will also include a cinema, and a major food store along with 3,000 sq m of non-food retail warehousing on the edge of the town centre. Role has included negotiation of legal and financial arrangements on behalf of the Council. HOUNSLOW, LONDON LONDON BOROUGH OF HOUNSLOW Advising on the High Street Quarter scheme where Barratt/Wilson Bowden will deliver a 15,000 sq m retail/leisure and 500 unit residential scheme. We are providing procurement, marketing, developer selection, development agreement, compulsory purchase, masterplan viability and planning advice. glhearn.com 21

RETAIL AND LEASE ADVISORY OUR TRACK RECORD WESTFIELD LONDON (WHITE CITY) - WAITROSE Provided advice to Waitrose in respect of a rent review of their foodstore in one of the most prestigious shopping centres in the UK. WILKINSON, BEAUMONT LEYS Advising the landlord of a regional shopping centre in Beaumont Leys, Leicestershire on landlord & tenant matters, including rent reviews and lease renewals. PURLEY WAY, CROYDON - DECATHLON Advised Decathlon on a rent review of their 30,000 sq ft retail warehouse in one of the UK s busiest out of town retail locations. WESTFIELD STRATFORD - WAITROSE Advising Waitrose on the rent review of their 30,000 + sq ft store in one of the largest shopping centres in Europe. VARIOUS SANTANDER Providing strategic advice and implementation of a disposal programme of 50 leasehold and freehold high street branches, which are now surplus to requirements. WEYBRIDGE ELMBRIDGE BOROUGH COUNCIL Acquisition of a mixed use, town-centre investment property, anchored by a Waitrose supermarket and including a multi-storey car park. The property offered a strategic site for long term redevelopment within the boundaries of the borough council and amount to an investment value of 16.5m. ISLINGTON WANDSWORTH BOROUGH COUNCIL Acquisition of a single-let, high street retail unit on behalf of Wandsworth Borough Council. The property is located in a highly fashionable and affluent area of Upper Street and amounted to an investment value of 2.9m. NOTTINGHAM ALTUM CAPITAL Acquisition of a Debenhams department store within the City Centre of over 190,000 sq ft. The lease had over 23 years remaining with fixed uplifts throughout the term. The purchase price was 25.85m. High Street, Weybridge glhearn.com 23

"GL Hearn has been an essential part of our project team taking forward the remodelling and redevelopment of the Guildhall Shopping Centre, including the historically significant Higher Market. GL Hearn's professional advice, commercial awareness and ability to build and maintain a positive relationship with the Council has been instrumental to the scheme securing both planning and listed building consent with unanimous support from Council members." Simon Green Associate Director, Aviva Investors GL HEARN THOUGHT LEADERSHIP Giulia Bunting is currently the President of Revo (formerly BCSC) which represents the retail property and place-making industry We are active in thought leadership through industry organisations such as the British Property Federation, Revo, First and Accessible Retail Directors played an active role in shaping policy and best practice relating to retail and town centre development via active participation in the Future High Streets Forum and the Distressed Retail Property Taskforce set up by the Government Members of the team presently sit on the Revo Executive Board Advisory Panel, and the Next Generation Committee We have provided research and policy advice on town centres and retail for the Department of Environment (Northern Ireland) and the Business Innovation and Skills (BIS) department We have also undertaken a sixth year of independent research on the planning system including an opinion survey and local planning authority performance analysis working alongside the British Property Federation and the Planning Officers Society Guildhall Shopping Centre, Exeter Image courtesy of Aviva Investors and Preconstruct GL Hearn won a Lord Mayor s Dragon Award in 2014 for its pro-bono Property Development Strategy for Providence Row which has created a sustainable income model through better use of the charity s buildings. glhearn.com 25

OUR PEOPLE Alastair Crowdy Managing Director, Real Estate Advisory T +44 (0)20 7851 4933 M +44 (0)7971 773453 E alastair.crowdy@glhearn.com Ben Wrighton Planning Director T +44 (0)20 7851 4916 M +44 (0)7557 430670 E ben.wrighton@glhearn.com Graeme Tulley Planning and Development Director T +44 (0)20 7851 4954 M +44 (0)7730 817029 E graeme.tulley@glhearn.com David Conboy CPO and Regeneration Director T +44 (0)20 7851 4811 M +44 (0)7827 944655 E david.conboy@glhearn.com Giulia Bunting Planning Director T +44 (0)20 7851 4925 M +44 (0)7771 898312 E giulia.bunting@glhearn.com David Slatter Retail Investment Director T +44 (0)20 7851 2594 M +44 (0)7778 149218 E david.slatter@glhearn.com Jon Pinkerton Development Director T +44 (0)20 7851 3726 M +44 (0)7776 495503 E jon.pinkerton@glhearn.com Nick Jones Strategic Communications Director T +44 (0)20 7851 4998 M +44 (0)7747 782029 E nick.jones@glhearn.com Nick Diment Development Planning Director T +44 (0)20 7851 4817 M +44 (0)7920 576161 E nick.diment@glhearn.com Grant Wollard Retail Director T +44 (0)20 7851 4938 M +44 (0)7901 517941 E grant.woollard@glhearn.com Richard Garside Development Director T +44 (0)20 7851 4956 M +44 (0)7775 836759 E richard.garside@glhearn.com Nick Ireland Planning Director T +44 (0)20 7851 4813 M +44 (0)7827 944656 E nick.ireland@glhearn.com Ross Hewes Retail Investment Director T +44 (0)20 3146 5957 M +44 (0)7887 853191 E ross.hewes@glhearn.com Steve McGavin Planning and Development Director Glasgow T +44 (0)131 603 8246 M +44 (0)7736 496580 E steve.mcgavin@glhearn.com Richard Kitching Development Director T +44 (0)20 7851 4989 M +44 (0)7896 270920 E richard.kitching@glhearn.com Stefan Davies Lease Advisory Director T +44 (0)20 7851 4924 M +44 (0)7500 760541 E stefan.davies@glhearn.com Front cover: Image courtesy of acme 26 glhearn.com glhearn.com 27

GL Hearn 280 High Holborn WC1V 7EE T +44 (0)20 7851 4900 glhearn.com Create / Develop / Protect / Enhance