Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

: Breakdown by Business Segment

Breakdown by Business Segment (GBP)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Industrial REITs

          

Rental Income from Investment and Trading Properties

386M 473M 536M 574M 604M

Trading Properties

- - - - -

Investment Properties

- - - - -

Unallocated Service Charge Income

42M 44M 43M 51M 51M

Unallocated Rent Averaging

13M 14M 10M 14M 31M

Unallocated Joint Venture Fees - Management Fees

26M 30M 29M 26M 25M

Unallocated Proceeds from Sale of Trading Properties

47M 100M 35M - 10M

Unallocated Management and Development Fee Income

3M 5M 4M 6M 3M

Unallocated Surrender Premiums

3M - 1M 4M 2M

Unallocated Solar Energy Income

- 2M 2M - -

Unallocated Joint Venture Fees - Performance Fees

26M - 89M - -

Geographical Revenue Distribution History

Geographical breakdown of sales (GBP)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

United Kingdom

- - - 437M 460M

Total Assets

- - - 11.49B 11.78B

Gross Profit

- - - 399M 420M

Operating Income

- - - 395M 417M

Continental Europe

- - - 155M 176M

Total Assets

- - - 6.27B 7.06B

Gross Profit

- - - 113M 135M

Operating Income

- - - 244M 261M

Other

- - - - 1M

Total Assets

- -1.01B -1.08B -904M -1.13B

CAPEX

-7M -9M - - -

Gross Profit

-13M -14M -15M -12M -12M

Operating Income

-61M -80M -99M -101M -101M

National Logistics

37M 47M 54M - -

Total Assets

1.72B 1.72B 1.85B - -

CAPEX

-213M -362M - - -

Gross Profit

34M 43M 51M - -

Operating Income

34M 45M 53M - -

Thames Valley

88M 116M 132M - -

Total Assets

3.1B 3.01B 3.23B - -

CAPEX

-454M -80M - - -

Gross Profit

81M 109M 122M - -

Operating Income

79M 107M 120M - -

Central Europe

10M 7M 8M - -

Total Assets

180M 805M 803M - -

CAPEX

-22M -7M - - -

Gross Profit

4M 3M 3M - -

Operating Income

31M 31M 37M - -

Southern Europe

99M 82M 93M - -

Total Assets

2.28B 3.69B 3.55B - -

CAPEX

-443M -474M - - -

Gross Profit

58M 63M 71M - -

Operating Income

100M 114M 131M - -

Northern Europe

31M 33M 39M - -

Total Assets

928M 2.11B 2.1B - -

CAPEX

-93M -345M - - -

Gross Profit

19M 23M 28M - -

Operating Income

52M 60M 74M - -

Thames Valley and National Logistics

- - - - -

Total Assets

- - - - -

CAPEX

- - - - -

Gross Profit

- - - - -

Operating Income

- - - - -

Greater London

182M 203M 221M - -

Total Assets

7.32B 6.41B 6.1B - -

CAPEX

-678M -325M - - -

Gross Profit

164M 185M 202M - -

Operating Income

161M 183M 199M - -