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Smart Approach in Retail Resilience

Portfolio valuation by sector As at 30 September 2020 Group JVs & Funds Total Change %1 £m £m £m % £m West End City Offices 4,071 45 4,116 (2.5) (105) 297 2,238 2,535 (4.0) (106) I 4,368 2,283 6,651 J I (3.1) (211) + I Retail Parks 898 608 1,506 (13.1) (243) Shopping Centre 634 614 1,248 I (18.1) (276) I Superstores 46 46 (0.2) T Department Stores 22 22 I (34.3) (11) I High Street 116 116 (14.0) (19) I Leisure 218 19 237 (11.3) (30) I Retail 1,934 1,241 3,175 J (14.9) (579) I . Residential² Canada Water Total Standing Investments Developments 135 135 I (9.1) (14) 354 354 (6.0) (23) ப 6,791 3,524 10,315 (7.3) (827) 6,010 3,512 9,522 (8.1) (816) J T 781 12 793¦ (0.9) (11) On a proportionally consolidated basis including the group's share of joint ventures and funds 1 Valuation movement during the period (after taking account of capital expenditure) of properties held at the balance sheet date, including developments (classified by end use), purchases and sales 2 Standalone residential 73
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