Post on 22-Jun-2020
SRI INVESTOR TOUR
29 May 2008
2
Total portfolio: £6.7 billion
As at 31 December 2007
UK Shopping Centres 32%
UK Offices 22%
France Retail 23%
Average unexpired lease term 10.5 years
Occupancy rate 98.2%
Investment portfolio 6.6% reversionary
PORTFOLIO
Total portfolio: £7.3 billion
UK Retail Parks 17%
France Offices 5%
Germany Retail 1%
3
PROPERTIES DEVELOPED BY HAMMERSON
Total portfolio: £7.5 billion
The Oracle, Reading WestQuay, Southampton
Bullring, Birmingham Bishops Square, London E1
4
CURRENT DEVELOPMENTS
125 Old Broad Street, London EC2Cabot Circus, Bristol
Parinor, Aulnay-sous-Bois 60 Threadneedle Street, London EC2
5
FUTURE DEVELOPMENTS
Sevenstone, Sheffield
Les 3 Fontaines, Cergy - PontoiseCricklewood, North London
Bishops Place, London E1
6
THE HAMMERSON CYCLE
Design & Planning
Asset Management
ConstructionAsset
ManagementConstruction
Hammerson Corporate
Design & Planning
Active PortfolioManagement
Letting
7
CR MANAGEMENT
Development Operations Corporate
CR GROUP
CR GROUP
OperationsDevelopment Corporate
8
Resource use
Supply chain
Climate change and energy
Community regeneration
Customers
MATERIAL CR ISSUES
Development Operations Corporate
9
DEVELOPMENT ACTIVITIES
� Major development programme and pipeline
� All development on brownfield land
� Typical £450 million annual project spend
� Working with councils on major development projects in 12 cities
Cabot Circus, Bristol
10
Resource use
Supply chain
Climate change and energy
Community regeneration
Customers
DEVELOPMENT – KEY CONSIDERATIONS
Design and Planning
Aspirations of city councilsCommunity consultationDesign and connectivity
Construction
Contractor engagementEnergy, water, waste efficiencyRecycling of materials on-site
Letting
Meeting occupier requirementsImproving occupier performance (financial and CR)
11
DEVELOPMENT - INITIATIVES
Recognition by CityCouncils of good environmental
management leads toaccess to future projects
Lower construction costs
Provision of skilled localworkforce provides incentive
to retailers to lease stores
Enhanced reputation withCouncils and with anchor
retailers
BREEAM Excellent(Cabot Circus)
BREEAM Very Good(Highcross Leicester)
54% on-siterecycling during
Highcross construction
£1 million governmentfunding accessedfor 6,000 jobs in
Bristol and Leicester
Objectives set to feedinto sustainability
implementation plansfor developments
INITIATIVE BENEFIT TO HAMMERSON
Audit of all projectsunder construction
Waste, water & energymonitoring and reporting
by contractors
Pre-employment trainingfor jobs created in retail
developments
Sustainabilityworkshops held withcouncils and anchor
retailers for future retaildevelopments
RESULT (EXAMPLE)
12
OPERATIONS: IMPACTS
� 55,000 tonnes of CO2 emitted across UK portfolio
� 408,000 m3 of water used across UK portfolio
� 14,800 tonnes of waste across UK portfolio
� 1,300 retail occupiers
� 130 office occupiers
� 200 million visits to shopping centreseach year
Bullring, Birmingham
13
Resource use
Supply chain
Climate change and energy
Community regeneration
Customers
OPERATIONS – KEY CONSIDERATIONS
Asset management
Customer relationships
Improve environmental performance of buildings
Measurement, monitoring and reporting
Positive contribution to local communities
14
OPERATIONS - INITIATIVES
Lower energy costs result inlower service charges for
retailers
Reduce costs by combatingyearly increases in landfill tax
set by legislation
Shopping centre energyreductions 2007:
12% ( UK)11% (France)
50% of waste divertedfrom landfill in 2007
Initiative Benefit to Hammerson
Green leases
Increase recycling
Result (example)
Lower carbon emissions frommanaged portfolio in line with
future legislation
27 tenants signed upto green lease since
October 2007
Reduce energy use inmanaged portfolio
15
Resource use
Supply chain
Climate change and energy
Community regeneration
Customers
CORPORATE – KEY CONSIDERATIONS
Active portfolio management
Sustainability considerations included in acquisitions criteria
Management
Board responsibility for CR and corporate governance
Benchmarking
Staff training and development
Stakeholder communications
16
CORPORATE - INITIATIVES
Goodwill supports shoppingcentre footfall
Support from local communitiesfacilitates planning process
Thorough consultation resultsin higher success rate in
planning applications
Staff retention and broaderskills base
Manage reputationalrisk
£700,000 invested incommunities in localityof UK offices, shopping
centres & retail parks
Consultations carriedout in Sheffield, Leeds,
London
Diversity training forall UK staff in 2007;
internal redeploymentprogramme in France
Responsibleprocurement policy
in development
Initiative Benefit to Hammerson
Community investmentprogrammes
Best practicecommunity consultation
Staff training anddevelopment
Supplier engagement
Result (example)
17
LEGISLATIVE CONTEXT
� Energy Buildings Performance Directive 2008
� Code for Non-Domestic Buildings 2008
� Code for Sustainable Homes 2007
� Carbon Reduction Commitments 2010
� Climate Change Bill 2008
� Climate Change Levy 2000
� Supplements to the London Plan 2008
� Landfill Regulations 2002, 2004, 2005
18
CR SUMMARY
� Focus on material issues
� Emphasis on environmental planning
� Monitoring and measuring
� Targets established
� Leader in economic and social regeneration
� “Developer of choice” for local authorities, occupiers, suppliers
HIGHCROSS LEICESTER
20
THE SHIRES
� Existing scheme of 46,000 m², built 1991
� Anchored by Debenhams and House of Fraser
� 60% interest acquired 2002 for £110 million from Hermes
� Opportunity to grow retail turnover and rents
21
THE OPPORTUNITY
• Add value through active asset management
• Exploit potential for expansion and refurbishment
• Higher mix of affluent ABs than most other provincial cities in UK.
• Change public perception of Leicester
• Catchment of 1.5 million people
LeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicester
Market HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket Harborough
TamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworth
WarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwick
CannockCannockCannockCannockCannockCannockCannockCannockCannock
AlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfreton
AshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourne
Ashby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-Zouch
BirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirmingham
BourneBourneBourneBourneBourneBourneBourneBourneBourne
BromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgrove
BrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhills
Burton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon Trent
CorbyCorbyCorbyCorbyCorbyCorbyCorbyCorbyCorby
CoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventry
DaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventry
DerbyDerbyDerbyDerbyDerbyDerbyDerbyDerbyDerby
DroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwich
DudleyDudleyDudleyDudleyDudleyDudleyDudleyDudleyDudley
GranthamGranthamGranthamGranthamGranthamGranthamGranthamGranthamGrantham
HinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckley
HuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdon
KetteringKetteringKetteringKetteringKetteringKetteringKetteringKetteringKettering
Leamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington Spa
LeekLeekLeekLeekLeekLeekLeekLeekLeek
LichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfield
LoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughborough
MatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlock
Melton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton Mowbray
Newark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-Trent
NorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthampton
NottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottingham
NuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneaton
OakhamOakhamOakhamOakhamOakhamOakhamOakhamOakhamOakham
PeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterborough
RedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditch
RugbyRugbyRugbyRugbyRugbyRugbyRugbyRugbyRugby
SleafordSleafordSleafordSleafordSleafordSleafordSleafordSleafordSleaford
SpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpalding
St NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt Neots
StaffordStaffordStaffordStaffordStaffordStaffordStaffordStaffordStafford
StamfordStamfordStamfordStamfordStamfordStamfordStamfordStamfordStamford
Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)
StoneStoneStoneStoneStoneStoneStoneStoneStone
StourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridge
UppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppingham
UttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeter
WalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhampton
Leicester Catchment –Resident PopulationLeicester Catchment –Resident Population
Secondary359,900
Secondary359,900
Total CatchmentPopulation1.5 Million
Total CatchmentPopulation1.5 Million
Tertiary765,800
Tertiary765,800
Core371,400
Core371,400
LeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicester
Market HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket Harborough
TamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworth
WarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwick
CannockCannockCannockCannockCannockCannockCannockCannockCannock
AlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfreton
AshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourne
Ashby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-Zouch
BirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirmingham
BourneBourneBourneBourneBourneBourneBourneBourneBourne
BromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgrove
BrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhills
Burton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon Trent
CorbyCorbyCorbyCorbyCorbyCorbyCorbyCorbyCorby
CoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventry
DaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventry
DerbyDerbyDerbyDerbyDerbyDerbyDerbyDerbyDerby
DroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwich
DudleyDudleyDudleyDudleyDudleyDudleyDudleyDudleyDudley
GranthamGranthamGranthamGranthamGranthamGranthamGranthamGranthamGrantham
HinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckley
HuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdon
KetteringKetteringKetteringKetteringKetteringKetteringKetteringKetteringKettering
Leamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington Spa
LeekLeekLeekLeekLeekLeekLeekLeekLeek
LichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfield
LoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughborough
MatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlock
Melton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton Mowbray
Newark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-Trent
NorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthampton
NottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottingham
NuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneaton
OakhamOakhamOakhamOakhamOakhamOakhamOakhamOakhamOakham
PeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterborough
RedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditch
RugbyRugbyRugbyRugbyRugbyRugbyRugbyRugbyRugby
SleafordSleafordSleafordSleafordSleafordSleafordSleafordSleafordSleaford
SpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpalding
St NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt Neots
StaffordStaffordStaffordStaffordStaffordStaffordStaffordStaffordStafford
StamfordStamfordStamfordStamfordStamfordStamfordStamfordStamfordStamford
Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)
StoneStoneStoneStoneStoneStoneStoneStoneStone
StourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridge
UppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppingham
UttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeter
WalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhampton
Leicester Catchment –Resident PopulationLeicester Catchment –Resident Population
Secondary359,900
Secondary359,900
Total CatchmentPopulation1.5 Million
Total CatchmentPopulation1.5 Million
Tertiary765,800
Tertiary765,800
Core371,400
Core371,400
LeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicester
Market HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket Harborough
TamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworth
WarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwick
CannockCannockCannockCannockCannockCannockCannockCannockCannock
AlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfreton
AshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourne
Ashby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-Zouch
BirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirmingham
BourneBourneBourneBourneBourneBourneBourneBourneBourne
BromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgrove
BrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhills
Burton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon Trent
CorbyCorbyCorbyCorbyCorbyCorbyCorbyCorbyCorby
CoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventry
DaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventry
DerbyDerbyDerbyDerbyDerbyDerbyDerbyDerbyDerby
DroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwich
DudleyDudleyDudleyDudleyDudleyDudleyDudleyDudleyDudley
GranthamGranthamGranthamGranthamGranthamGranthamGranthamGranthamGrantham
HinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckley
HuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdon
KetteringKetteringKetteringKetteringKetteringKetteringKetteringKetteringKettering
Leamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington Spa
LeekLeekLeekLeekLeekLeekLeekLeekLeek
LichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfield
LoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughborough
MatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlock
Melton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton Mowbray
Newark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-Trent
NorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthampton
NottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottingham
NuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneaton
OakhamOakhamOakhamOakhamOakhamOakhamOakhamOakhamOakham
PeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterborough
RedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditch
RugbyRugbyRugbyRugbyRugbyRugbyRugbyRugbyRugby
SleafordSleafordSleafordSleafordSleafordSleafordSleafordSleafordSleaford
SpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpalding
St NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt Neots
StaffordStaffordStaffordStaffordStaffordStaffordStaffordStaffordStafford
StamfordStamfordStamfordStamfordStamfordStamfordStamfordStamfordStamford
Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)
StoneStoneStoneStoneStoneStoneStoneStoneStone
StourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridge
UppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppingham
UttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeter
WalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhampton
Leicester Catchment –Resident PopulationLeicester Catchment –Resident Population
Secondary359,900
Secondary359,900
Total CatchmentPopulation1.5 Million
Total CatchmentPopulation1.5 Million
Tertiary765,800
Tertiary765,800
Core371,400
Core371,400
LeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicesterLeicester
Market HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket HarboroughMarket Harborough
TamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworthTamworth
WarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwickWarwick
CannockCannockCannockCannockCannockCannockCannockCannockCannock
AlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfretonAlfreton
AshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourneAshbourne
Ashby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-ZouchAshby-de-la-Zouch
BirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirminghamBirmingham
BourneBourneBourneBourneBourneBourneBourneBourneBourne
BromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgroveBromsgrove
BrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhillsBrownhills
Burton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon TrentBurton upon Trent
CorbyCorbyCorbyCorbyCorbyCorbyCorbyCorbyCorby
CoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventryCoventry
DaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventryDaventry
DerbyDerbyDerbyDerbyDerbyDerbyDerbyDerbyDerby
DroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwichDroitwich
DudleyDudleyDudleyDudleyDudleyDudleyDudleyDudleyDudley
GranthamGranthamGranthamGranthamGranthamGranthamGranthamGranthamGrantham
HinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckleyHinckley
HuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdonHuntingdon
KetteringKetteringKetteringKetteringKetteringKetteringKetteringKetteringKettering
Leamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington SpaLeamington Spa
LeekLeekLeekLeekLeekLeekLeekLeekLeek
LichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfieldLichfield
LoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughboroughLoughborough
MatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlockMatlock
Melton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton MowbrayMelton Mowbray
Newark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-TrentNewark-on-Trent
NorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthamptonNorthampton
NottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottinghamNottingham
NuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneatonNuneaton
OakhamOakhamOakhamOakhamOakhamOakhamOakhamOakhamOakham
PeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterboroughPeterborough
RedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditchRedditch
RugbyRugbyRugbyRugbyRugbyRugbyRugbyRugbyRugby
SleafordSleafordSleafordSleafordSleafordSleafordSleafordSleafordSleaford
SpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpaldingSpalding
St NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt NeotsSt Neots
StaffordStaffordStaffordStaffordStaffordStaffordStaffordStaffordStafford
StamfordStamfordStamfordStamfordStamfordStamfordStamfordStamfordStamford
Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)Stoke-on-Trent (Hanley)
StoneStoneStoneStoneStoneStoneStoneStoneStone
StourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridgeStourbridge
UppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppinghamUppingham
UttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeterUttoxeter
WalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWalsallWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhamptonWolverhampton
Leicester Catchment –Resident PopulationLeicester Catchment –Resident Population
Secondary359,900
Secondary359,900
Total CatchmentPopulation1.5 Million
Total CatchmentPopulation1.5 Million
Tertiary765,800
Tertiary765,800
Core371,400
Core371,400
22
CITY CENTRE MASTERPLAN
� Extended retail
� Science and technology park
� Enhanced business quarter
� Residential community
� Waterside regeneration (11 miles of waterfront)
� Improved city centre environment
23
OVERVIEW
� £350 million total spend (60:40 joint venture with Hermes)
� Anchored by John Lewis and 12-screen Cinema de Lux (new development); Debenhams and House of Fraser (existing asset)
� 30,000 m² additional shop units; 6,000 m² cafés and restaurants; 140 residential units
� Two new public squares
� 120 fashion retailers; 15 restaurants and cafés
� 2000 retail and leisure jobs created in city centre
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PROJECT OBJECTIVES
Restore commercial and civic heart to Leicester
Set new standards in environmental sustainability
Enhance quality of built environment
Create a vibrant evening economy
Increase consumer spend and dwell timein existing centre
Drive rents and other income
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MASTERPLANNING AND DESIGN
� Upgrading of existing centre
� Connectivity
� Mix of uses
� Diverse architecture
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ENVIRONMENTAL PROFILE
� Environmental ratings include BREEAM Very Good; Ecohomes Very Good; Code for Sustainable Homes Level 3
� Upgrading of old : Decommissioning of air-conditioning units in existing centre; maximised daylight
� Occupiers : Green lease and Tenants’ Sustainability Guide
� Transport : new transport hub to promote public transport use and connectivity
� Energy : Installation of energy efficient lighting and sub-metering in shopping centres; solar and gas heating in residential
� Water : Incorporation of low-flow fittings, dual-flush WCs and sensor controlled taps to improve water efficiency
� Waste : 24-37% recycled content in projects under construction
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SOCIAL PROFILE: WORK HIGHCROSS
� Charter for employment and training
� “Work Highcross” initiative set up to fill 2,000 retail and leisure jobs
� 5,000 jobseekers now registered on database
� Intention to fill 65% of vacancies from local unemployment pool
� Guaranteed interviews for 250 John Lewis jobs for “Work Highcross” participants
� Follows similar Hammerson initiatives in Reading, Southampton and Birmingham
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HIGHCROSS SUMMARY
� Major element of Leicester city centre regeneration
� Improvements to public realm
� Upgrading of existing centre enhances attractiveness to retailers and efficiency of resource use
� Focus on environmental considerations in design and construction
� Implementation of Hammerson pre-employment training programme
� Completion scheduled for September 2008