Soho
Topland acquired 1-3 Upper James Street, an iconic mixed-use restaurant/office investment in the prime of Soho. Through proactive asset management, we have considerably enhanced the income profile since acquisition.
Over the years we have invested smartly in the retail sector and was one of the first movers into the large-scale supermarket sale & leasebacks. This included 78 Marks & Spencer stores, 33 Tesco supermarkets and 56 Aldi stores.
More recently, we have acquired across all sub-sectors, targeting high-quality, resilient retail locations across the UK underpinned by institutional/investment grade tenants.
Topland acquired 1-3 Upper James Street, an iconic mixed-use restaurant/office investment in the prime of Soho. Through proactive asset management, we have considerably enhanced the income profile since acquisition.
We acquired this investment for 9% NIY, with 8.75 years unexpired to DFS. This investment offers high-quality income at an attractive yield. Owing to its solus nature and large site area, the site offers optionality for alternative uses in the future.
Mark is the Managing Director of the Topland Group, having joined the business in 2012. Mark heads the Group’s Investment Committee and sits on the Group’s main Board. He has 35 years of experience in real estate, previously working as a partner in commercial real estate and development at Nabarros. Mark has also held senior leadership roles at Barclays Capital and RBS, and spent 10 years as Managing Director and Head of UK at Tishman Speyer.