54 56 59 62 6474

79 8391

96107

66 6979 78 80

8997

103114

124135

Sept 06 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11 Mar 12 Mar 13 Mar 14 Mar 15 Mar 16

Current Income Estimated Rental Value (independent valuers' estimate)

-

-

Charlotte Street2 shops

3 cafés

Seven Dials2 shops (3,700 sq. ft.)

2,850 sq. ft. offices

1 apartment (2,100 sq. ft.)

Soho1 shop

1 restaurant}6,400 sq. ft.

}6,100 sq. ft.

406,000

539

0%

2%

4%

6%

8%

10%

12%

Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 Sep-15 Mar-16

% of wholly-owned ERV

EPRA vacancy Other schemes Carnaby schemes Major schemes

Note 57 Broadwick St will add 1.9% (pro-forma)

to major scheme vacancy

Shops Restaurants, caf s

and leisure

Offices Residential

Wholly-owned

322

466,000 sq. ft.

Longmartin joint venture

21

67,000 sq. ft.

34%of our current income1

Wholly-owned

267

582,000 sq. ft.

Longmartin joint venture

10

45,000 sq. ft.

36%of our current income1

Wholly-owned

406,000 sq. ft.

Longmartin joint venture

102,000 sq. ft.

17%of our current income1

Wholly-owned

539

321,000 sq. ft.

Longmartin joint venture

75

55,000 sq. ft.

13%of our current income1

1. Wholly-owned portfolio

£1,400£700

£500

£275

Footfall > 40m pa

*

Footfall > 30m pa

(Seven Dials)

Current Rent ERV

(£m)

Footfall > 50m pa

1

-

-

-

-