Capital & Regional : 1.7 mb

2021 FULL YEAR RESULTS

REBUILDING POST RESET

8 March 2022

Supporting

Community Living

RESULTS AND

MARKET OVERVIEW

Lawrence Hutchings

Chief Executive

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OPERATIONAL RESILIENCE DURING FULL YEAR 2021

Rebuilding post the pandemic and structural reset

47.7m		93%		93%
Footfall Visits		FY 2021 rent collected		Resilient occupancy as
(5.7% vs		(95% rent collected		at 30 December 2021
National Index)		Q1 2022)

143		48			£380.1m
Leases signed at		Leases signed / in		Valuations stabilised
average premium to		pipeline YTD 2022		over the past two
ERV and passing rent						quarters
in 2021

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DEMAND FOR COMMUNITY RETAIL CONTINUES

• All centres remained open throughout 2021 supporting our essential retailers and our communities to "shop local"
• Pandemic disruption the most significant in FY21 - National lockdown 6 January to 12 April 2021, Winter Covid Plan B from December 2021
• Retailers responded comprehensively to lifting of restrictions by reopening stores rapidly demonstrating the importance of physical stores

	700												2,000,000
	600												1,800,000
													1,600,000
	500												1,400,000
													Footfall numbers
Store openings	400												1,200,000
												1,000,000
300												800,000
												600,000
	200
													400,000
	100												200,000
	0												0
	1	2	3	4	5	6	7	8	9	10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
											Week
										2021 store openings	2021 footfall	2020 footfall	2019 footfall
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Supporting

Community Living

2021 FINANCIAL RESULTS

Stuart Wetherly

Group Finance Director

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