High Quality Regional Portfolio

Building for growth

Driving income and capital growth through active asset management is the key objective of DREIM’s investment approach for DRIP REIT. DREIM focus on a distinct set of criteria when identifying the right property, at the right time:

  1. Smaller lot sizes – between £2m and £15m
  2. Higher yields – 7.5%+
  3. Solid covenants – current portfolio features FTSE 100 constituents as largest tenants
  4. Prime location – high pedestrian traffic and / or good transport links
  5. Asset management opportunities – add value, drive growth via active asset management and risk-controlled development

Since launch in May 2015, by following the differentiated investment strategy, DRIP REIT has assembled a portfolio of regional smaller sized lots, providing attractive yields with the potential to add value through active asset management.



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Monteith House

11 George Square, Glasgow

Prime multi-let office in the city centre of Glasgow
Purchase price: £5.75m Net initial yield: 7.6%
Key tenants: VisitScotland, Skills Development Scotland
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Duloch Park

Turnstone Road, Dunfermline

An edge of town retail park, located within a key area of residential development
Purchase price: £4.5m Net initial yield: 7.4%
Key tenants: Barrhead Travel, Pizza Hut Delivery, Greggs, Lloyds Pharmacy, Subway, Betfred, Johnson Cleaners
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Mayflower House

Fifth Avenue Business Park, Gateshead

Grade A Multi-let office based in Team Valley Trading Estate, one of the biggest mixed use trading complexes in Europe
Purchase price: £2.6m Net initial yield: 9.25%
Key tenants: WorldPay, KCS Datawright, Benfield Motor Group
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Gosforth Shopping Centre

High Street, Newcastle Upon Tyne - please visit www.gosforthshoppingcentre.com

A bustling high street shopping precinct in an affluent and thriving town centre
Purchase price: £12.25m Net initial yield: 7.3%
Key tenants: Boots, Sainsbury’s, WHSmith, Costa Coffee, Virgin Money, Lloyds Bank
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Lakeside 5500

Cheadle Royal Business Park, Manchester

Prime multi-let office development located 5 minutes from Manchester on the premier out-of-town business park in the North West
Purchase price: £5.25m Net initial yield: 7.82%
Key tenants: Agilent Technologies LDA UK Ltd, Micron Europe Ltd
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Arthur House

Charlton Street, Piccadilly, Manchester

Exceptional city centre location, low rents and asset management opportunities
Purchase price: £4.41m Net initial yield: 8.9%
Key tenants: 23 Professional Services Firms
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108 Eastern Avenue Retail Park

Gloucester

Fully let with strong WAULT and tenant line-up
Purchase price: £5.3m Net initial yield: 8.4%
Key tenants: Staples, Maplin, Farmfoods
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3 Lochside Way

Edinburgh Park, Edinburgh

Located on Central Scotland’s premier business park, strong tenant line up, asset management opportunities
Purchase price: £4.5m Net initial yield: 8.5%
Key tenants: Lockheed Martin, Exception, GL Industrial Services
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Burnside Industrial Estate

Wellheads Road, Aberdeen

Popular industrial estate near Aberdeen International Airport offering high occupancy levels
Purchase price: £2.6m Net initial yield: 10.55%
Key tenants: SKF (UK) Ltd, Precision Pumping and Metering
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Kew Retail Park

Southport Rd, Southport

A busy retail park located in the large coastal town of Southport, North West England
Purchase price: £8.65m Net initial yield: 8.78%
Key tenants: Poundstretcher, Carpetright, Wickes, Carphone Warehouse, Dreams and Sofology

NAV (at 30/08/17)

94p

Share price (at 13/11/2017)

94.50p

Number of assets

10

Number of tenants

92

WAULT

6.40 years

Occupancy

95%

Average Purchase Yield

8.%

As at

30 September 2017


Annual Rent Roll by Tenant

Tap on the chart