Investor Presentaiton

CLEAR PRIORITIES 1 Driving growth from standing investments • Focusing on leasing and asset management Bedding down new assets such as Ealing Broadway and Southgate, Bath Delivering 2 returns from developments • • • Completing and letting up our 2010 programme Starting on site on recently committed developments Taking Paddington and Shoreditch through planning Selectively adding to the development pipeline Continued 3 Continued sale of more mature retail assets Retail · Disciplined acquisitions repositioning 20 20 British Land

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