Clarendon Quarter, Oxford, £250-£300m GDV

  In 2022, Oxford granted planning permission to redevelopment Lothbury Investment Management’s long-held central shopping precinct, the Clarendon Centre. Ambitious plans will see a new 226,550 sq ft mixed-use multi-phase

 

In 2022, Oxford granted planning permission to redevelopment Lothbury Investment Management’s long-held central shopping precinct, the Clarendon Centre. Ambitious plans will see a new 226,550 sq ft mixed-use multi-phase scheme comprising R&D laboratories, Grade A office space and student accommodation, as well as shops and restaurants. All units will be built to high sustainability standards. A new public square will be open to all, creating a green oasis in the city centre. Spill-out spaces for cafés will help make this a lively and enjoyable space. The first phase, completed in 2024, was a BREEAM Excellent building, prelet at record rents for Oxford to Ryze Hydrogen, and the ground floor restaurant to Dishoom.

55 St. James’s Street, London, £60-70m

  55 St James’ Street is a rare freehold building close to Piccadilly and The Ritz Hotel, purchased by Lothbury Investment Management in 2011. The 30,000 sq ft of predominantly

 

55 St James’ Street is a rare freehold building close to Piccadilly and The Ritz Hotel, purchased by Lothbury Investment Management in 2011. The 30,000 sq ft of predominantly office space was fully redeveloped to BREEAM Excellent standard in 2015. Other environmental features include a living green roof and invertebrate habitat wall, air source heat pumps and solar thermal hot water systems for the apartments.

247 Tottenham Court Road, London, £45-55m

  ‘The Fitzrovia’ is a new, high specification office-led development on the borders of Fitzrovia and Bloomsbury, in London’s West End. It was acquired by Lothbury Investment Management in 2023

 

‘The Fitzrovia’ is a new, high specification office-led development on the borders of Fitzrovia and Bloomsbury, in London’s West End. It was acquired by Lothbury Investment Management in 2023 on behalf of an overseas investor. The deal was structured as a 50% JV with M&G, who will oversee the delivery of the scheme. The project is due to complete in late 2024.

127 Charing Cross Road, London, £50-70m

  Completed in 2024, this landmark office development was acquired by Lothbury Investment Management in 2021 for an overseas investor. The 40,000 sq ft property close to Tottenham Court Road

 

Completed in 2024, this landmark office development was acquired by Lothbury Investment Management in 2021 for an overseas investor. The 40,000 sq ft property close to Tottenham Court Road and within the Soho Conservation Area was fully redevelopment into 60,000 sq ft of BREEAM Outstanding mixed use, high specification space. The centrality, accessibility and vibrancy of the location is one of its strengths.

Colndale Industrial Estate, Poyle, £20-40m

  The Colndale Industrial Estate is one of the country’s leading industrial locations. It benefits from being very close to the M4/M25 junction, with unrivalled access to Heathrow airport. It

 

The Colndale Industrial Estate is one of the country’s leading industrial locations. It benefits from being very close to the M4/M25 junction, with unrivalled access to Heathrow airport. It has traditionally attracted an excellent mix of good quality tenants on long leases, largely servicing the airport. It was purchased by Lothbury Investment Management in 2013, before more than doubling its value over the course of the next decade. Performance was boosted by securing planning consent for four new BREEAM Excellent units totalling 75,000 sq ft in 2023.

Auriol Drive, Greenford, London, £130-160m

  This large logistics asset was owned by Lothbury Investment Management for over 23 years. It delivered an average annual return in excess of 14% over this period. Of the

 

This large logistics asset was owned by Lothbury Investment Management for over 23 years. It delivered an average annual return in excess of 14% over this period. Of the four units, Royal Mail, Micheldever, Tesco and Palletways that make up the estate, three have been redeveloped over time. This included a BREEAM Very Good 40,000 sq ft development in 2018, pre-let to Royal Mail on a 15-year lease.

James Street, Covent Garden, £60-90m

  Located in the heart of Covent Garden, close to the underground station and the Piazza, this rare property commands a prime position on one of the UK’s busiest retail

 

Located in the heart of Covent Garden, close to the underground station and the Piazza, this rare property commands a prime position on one of the UK’s busiest retail and tourist thoroughfares. The site comprises six retail units that delivered premium rental levels. Lothbury Investment Management acquired the asset over 20 years ago, and over time reconfigured a number of the units, including the upper residential component, to increase the lettable space and capital values. The renovation won Interior Design of the Year in 2023 at the prestigious Graphisoft UK Awards.

Anchor Retail Park, Mile End, London, £30-40m

  In 2011, Lothbury Investment Management acquired a prime retail warehouse park located Mile End. It has 45,000 sq ft of floorspace anchored by Halfords, Asda, and Currys/PC World. It

 

In 2011, Lothbury Investment Management acquired a prime retail warehouse park located Mile End. It has 45,000 sq ft of floorspace anchored by Halfords, Asda, and Currys/PC World. It is one of the most central retail parks in London, and so the high underlying value of the land supports a conversion to Residential or Student Housing at an opportune time in the future.

Southampton Road Retail Park, Salisbury, £20-30m

  Southampton Road Retail Park is the dominant retail park in the affluent, historic town of Salisbury. As a destination location for shoppers with 55,000 sq ft of floorspace, it

 

Southampton Road Retail Park is the dominant retail park in the affluent, historic town of Salisbury. As a destination location for shoppers with 55,000 sq ft of floorspace, it continues to attract quality tenants. The asset was part-redeveloped by Lothbury Investment Management in 2015 to provide four new, high-quality retail units with renewable energy provision, and included conversion of an adjacent ageing industrial estate. In 2022, a unit was let to Tapi on a 10-year lease, and more recently in January 2024 a unit was let to Hobbycraft following the expiry of the former tenants lease. Tapi and Hobbycraft join Next, Curry’s, B&M, The Range, DFS and Oak Furniture on the blue-chip tenant roster.

Student Housing Nationwide Portfolio, £100-150m

  In 2015, Lothbury Investment Management funded the development of five purpose-built amenity-rich student housing assets. These were located in London and top regional university towns, such as Durham and

 

In 2015, Lothbury Investment Management funded the development of five purpose-built amenity-rich student housing assets. These were located in London and top regional university towns, such as Durham and St Andrew’s. The projects were between 100 and 420 units in size, and were completed in time for the 2017/18 academic year. The buildings represented a range of risk/return profiles, from long, index-linked leases through to direct-let.

Important notice


This is the website of Lothbury Investment Management Limited of 1 Angel Lane, London, EC4R 3AB, United Kingdom, a company registered in England with registered number 04185370. Lothbury Investment Management Limited (or “LIM”) is authorised and regulated by the Financial Conduct Authority in the United Kingdom.

Lothbury Investment Management Limited is the manager of the Lothbury Property Trust ("LPT") and the Lothbury Global Feeder LP ("LGF") (together, the “Funds”). LPT is a sub-fund of the Lothbury Global Institutional Funds, which is regulated by the Central Bank of Ireland. LGF was established as a limited partnership in Jersey under the Limited Partnerships (Jersey) Law 1994 through the filing of a declaration of limited partnership. The Funds are alternative investment funds (“AIFs”) for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (the “Directive”). LIM has been appointed and acts as alternative investment fund manager (“AIFM”) in respect of the AIFs. For these purposes, LIM is authorised and regulated in the United Kingdom by the Financial Conduct Authority for the purposes of managing unauthorised AIFs (and for various other activities). The Funds are also unregulated collective investment schemes for the purposes of the United Kingdom Financial Services and Markets Act 2000 (the “Act”).

Restrictions on Access

Certain jurisdictions may restrict by law access by their residents or nationals to the information on this website. The contents of this website are not intended to be accessed by, distributed to or used by residents or nationals of such jurisdictions. It is the responsibility of any person accessing this website to satisfy itself that its use of the website complies with the laws of any relevant jurisdiction. Under United Kingdom legislation, the promotion of units in the Funds by LIM is restricted by section 238 of the Act. The promotion of units by the Funds themselves or, in the case of LPT, by its trustees in the UK is restricted by section 21 of the Act. Accordingly, the information on this part of the website is directed only at and should only be acted on by:

  1. persons who are outside the UK;
  2. investment professionals within the meaning of Article 14(5) of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the “CIS Exemptions Order”) and Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Financial Promotion Order”), which includes persons whose ordinary activities involve him in participating in unregulated schemes for the purposes of a business carried on by him; and/or
  3. high net worth organisations to whom Article 22 of the CIS Exemptions Order and Article 49 of the Financial Promotion Order apply. This includes companies or partnerships with net assets of GBP 5m or more and trustees of trusts with assets of GBP 10m or more); and
  4. others to whom it may lawfully be directed.

Purpose

The purpose of this website is to provide general information about Lothbury Investment Management Limited and the Funds. The Funds and Lothbury Global Feeder Limited but not any investors in these entities are clients of Lothbury Investment Management Limited. Nothing on this website is investment, tax or legal advice, nor is anything on this website a placement or offering to buy or sell units or any other investment. Tax treatment depends on individual circumstances and may be subject to change in the future. You should take your own independent investment, tax and legal advice as you think fit.

Please be aware that ultimately interests in the Funds may only be acquired by professional investors. A professional investor, for the purposes of LGF, is every investor that is considered, or may be treated, based on a request to LIM (as the AIFM), as a professional client or an eligible counterparty as those terms are used in exemption 7 of COB 4.12.4 of the Handbook of rules and guidance issued by the Financial Conduct Authority of the United Kingdom. A professional investor, for these purposes of LPT, is every investor that is considered, or may be treated based on a request to LIM (as the AIFM), as a professional client within the meaning of Annex II of the Markets in Financial Instruments Directive (2011/61/EC).

Subject to applicable law and satisfaction of any relevant notification or other requirement the Funds may be marketed (within the meaning of the Directive) within certain jurisdictions in the European Economic Area ("EEA"). Potential investors can request details of such jurisdictions from LIM. LGF is intended for persons who are not established or resident in the United Kingdom.

The information contained in this section does not constitute an offer or solicitation to any person or entity which is United Kingdom Resident for tax and investment purposes, to buy or sell shares or any other security whatsoever in other jurisdictions where it would be unlawful to do so, including but not limited to, Ireland and the United States of America.

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