Curating Best-in-Class Portfolio
European Portfolio Snapshot (cont'd)
CLIENT DIVERSIFICATION - TOP EUROPEAN CLIENTS(1)
% of European Annualized Contractual Rent
Sainsbury's
B&Q
TESCO
Carrefour
5.0%
ASDA
4.3%
Other
22.4%
19.8%
15.0%
(1) Based on percentages of total European portfolio annualized contractual rent as of June 30, 2022.
(2) Based on market share. Source: Kantar World Panel.
(3) Source: Kantar World Panel Spain.
(4) Source: Mintel, 2020.
33.5%
EUROPEAN PORTFOLIO BY INDUSTRY (1)
% of European Annualized Contractual Rent
Other, 21%
Health Care, 1%
Warehousing and Storage, 2%
Home Improvement, 23%
KEY HIGHLIGHTS
REALTY
INCOME
Grocery, 53%
Diversified portfolio leased to clients operating in non-discretionary
industries
Sainsbury's and Tesco are the top grocers in the U.K. (2), and
Carrefour is the 2nd largest grocer in Spain(3)
B&Q (Kingfisher) is the largest home improvement retailer in the
U.K. and is number two in France (4)
47View entire presentation