LENDLEASE RETAIL PARTNERSHIP

Established in 1999, Lendlease Retail Partnership (LLRP) is a closed-ended unlisted wholesale limited partnership. The fund offers institutional investors core returns from the UK retail sector.

Fund Strategy:

To provide investors with a unique exposure to long-term sustainable risk adjusted returns, through a conservative capital management approach, active asset management and development of its prime retail portfolio, together with selective strategic acquisitions. 

Fund Gross Asset Value (31 December 2015):

£853.7 million

Target Return:

Outperform the IPD UK AII Shopping Centre Annual Index (Benchmark)

Fund Vehicle:

English limited partnership with unauthorised Jersey property unit trust feeder fund. 


Governance:

Operator - Lendlease Real Estate Investments Limited
General Partner - Lendlease Europe GP Limited


Portfolio:

999 year long leasehold interest in Bluewater Shopping Centre (25%)
250 year long leasehold interest in Touchwood Shopping Centre (100%)

 

Bluewater

Kent, UK

touchwood

Solihull, UK