Full Year Results Presentation

Recently Completed & Committed developments As at 31 March 2021 Sector BL Sq PC Share ft Calendar Current Value Cost to Come ERV Let Year % '000 £m £m 1 £m £m 100 Liverpool Street Office 50 520 Q3 2020 403 19.4 15.5 Total Completed in the Year 520 403 19.4 15.5 1 Triton Square4 Office 100 365 Q2 2021 443 32 22.8 21.9 Norton Folgate Office 100 336 Q3 2023 120 229 22.2 1 Broadgate Office 50 546 Q2 2025 94 227 20.1 5.0 Total Committed 1,247 657 488 65.1 26.9 Other Capital Expenditure³ 34 On a proportionally consolidated basis including the group's share of joint ventures and funds (except area which is shown at 100%) 1 From 1 April 2021. Cost to come excludes notional interest as interest is capitalised individually on each development at our capitalisation rate 2 Estimated headline rental value net of rent payable under head leases (excluding tenant incentives) 3 Capex committed and underway within our investment portfolio relating to leasing and asset management 4 Completed post year end in May 2021 86 98

View entire presentation