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Company Name: Hansteen Holdings PLC

Place of Registration: England and Wales

Registered Number: 05605371

Registered Office Address:

1st Floor, Pegasus House,
37-43 Sackville Street
London W1S 3DL

Telephone: +44 (0)207 408 7000
Fax: +44 (0)207 408 7001

VAT number 872 5613 11

Regional offices

Our strategy

Our strategy is simple – we aim to provide our shareholders with consistent, high and realised returns from investing in and improving undervalued UK and European industrial property. Our experienced management teams, based across the UK and Continental Europe, are at the heart of our success and achieve our goals through methodical and detailed assessment of investment opportunities in markets which they know inside out.

We look for investments that will create a high-yielding industrial property portfolio as well as other more opportunistic and management-intensive acquisitions which, although lower-yielding, will provide greater potential for capital growth. We seek to produce sustainable growth in our rental income and occupancy through intense asset management initiatives which should lead to increased values. We then aim to realise and distribute these profits to our shareholders over the property cycle.

Disciplined investment

We select our investments based on a thorough assessment of the opportunities they present in order to create a high-yielding portfolio with the potential to add value. Our balance sheet is strong and we remain committed to financing prudently.

Diverse portfolio

Our property portfolio is spread across several European countries, primarily in Germany and the UK. We have more than 5,200 tenants, none of which accounts for more than 1.5% of the annual rent roll.

Industry expertise

Our people are at the heart of our success. We have 16 offices with experienced management teams across the UK and Continental Europe. We work hard at creating strong relationships with our tenants and other stakeholders so that we are in prime position to act when opportunities arise.

Dividend growth

Our board is committed to a prudently-progressive dividend policy, reflecting the strong and growing cash flow generated by the business. We have paid a covered dividend every year since the first distribution in 2006; during that period the dividend has increased by 75%.

See below how we implement our strategy in more detail:

We are an entrepreneurial investor which looks for opportunistic investments that will create a high-yielding property portfolio

600 properties
1.6 billion (£) in 5 countries

Our locally-based, in-house, asset management teams have the skills to meet the most complex occupier requirements and improve occupancy

15 regional offices across the UK and Europe
100+dedicated staff

We have a diversified portfolio and a strong European platform

6,000 tenants
23,000(£) average rent per annum

We seek to produce sustainable growth in our rental income and occupancy through intense asset management initiatives

17,000 sq m occupancy improvement in H1 2014
1.6 million (£) rent roll improvement in H1 2014
300 million (£) sales in 5 years

Our returns are realised and growing

66.7 million (£) IFRS pre-tax profits in H1 2014
2.0 (p) interim dividend in 2014

Strong profit growth track record ensuring a growing streak of dividends (60% since flotation)

Profit track record (Year vs £ millions)

Our Profit Track Record from 2006 to 2015