November 2018 Capsule – Flexible Leasing Solutions

CapsuleFlexible leasing solutions for today’s office occupier

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November 2018 Capsule – Flexible Leasing Solutions November 2018 Capsule – Flexible Leasing Solutions

The leasing market is evolving

We’ve launched Capsule because we understand many office occupiers need a flexible approach to leasing. Our Capsule offering combines the benefits of traditional leasing and serviced offices.

With a simplified leasing process, high quality space and the security of a trusted landlord, we’re helping occupiers grow their businesses in ways that suit them.

WHY WE ARE DEFINING OUR FLEXIBLE LEASING INITIATIVE

Fast growing SMEs as well as larger corporates

are looking for low-risk and inspirational workplaces

and this has kept the market for flexible office

space buoyant.

Serviced office sectors are experiencing continued

growth and offer an agile alternative to traditional

leasing.

Customers have, however, higher expectations and are

demanding far more from office space.

Customer expectation is highlighting the limitations

of both serviced and traditional offices and the need

for intermediate solutions.

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FAST AND EASY LEASING

✔ Fit out completed

✔ Private digital connection installed

✔ Short form lease ready to sign

SUPPORTING YOUR BUSINESS

✔ Create your own business identity

✔ Perception of corporate stability generating

business and attracting/retaining staff

✔ Flexibility to grow in space at no additional cost

HIGH QUALITY ENVIRONMENT

✔ Ability to occupy at a density to which the air

conditioning is designed

✔ Potential to undertake physical alterations

✔ Improved security – physical and data

PRIVATE SPACE

✔ Own meeting rooms

✔ Own kitchenette ✔ Own toilets

✔ Fewer workplace distractions

We work with our occupiers to understand their needs.Our tailored solutions can be mixed and

matched* and can include:

Category B fit out

Short form leases

Flexible lease terms

Furniture package options

All inclusive rent

Plug and play

Data connection

Fixed dilapidation cost

Our Capsule Offering

Discover the benefits

*Capsule will be offered on selected vacant units. Benefits are dependent on the detail of each tailored transaction.

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Marketing CapsuleGUIDELINES FOR SCHEME MARKETING

The Capsule leasing strategy for each property will

differ and should be agreed with Legal & General

before marketing commences.

Guidelines on how to apply Capsule within property

marketing brochures and on websites can be found

in Legal & General’s Brand Guidelines for Property

Marketing Schemes.

For marketing enquiries contact:

realassetsmarketing@lgim.com

Brand Guidelines for Property Scheme MarketingThese guidelines include everything you need to know about our visual identity and how to use it consistently and effectively on property scheme marketing

Building Area Connections Specification Floor Plans Gallery Downloads Contact

B I G T I M ESpacious workspace with high, exposed ceilings

FLOOR SQ FT SQ M AVAILABILITY

0 8 xxxxxx xxxxxx Unavailable

0 7 xxxxxx xxxxxx Unavailable

0 6 xxxxxx xxxxxx Unavailable

0 5 6,500 603 Q3 2016

0 4 xxxxxx xxxxxx Unavailable

0 3 4,000 371 Q3 2016

0 2 xxxxxx xxxxxx Unavailable

0 1 xxxxxx xxxxxx Unavailable

G F xxxxxx xxxxxx Unavailable

S C H E D U L E O F A C C O M M O D A T I O N

VIEWSTACKING PLAN

F L O O R P L A N S

S P A C E P L A N S

VIEW3RD FLOOR FLOOR PLAN VIEW5TH FLOOR FLOOR PLAN

3 R D F L O O RF L O O R P L A N

VIEW3RD FLOOR SPACE PLAN

3 R D F L O O RS P A C E P L A N

VIEW3RD FLOOR SPACE PLAN

5 T H F L O O RS P A C E P L A N

F L E X I B L E L E A S I N G O P T I O N S A V A I L A B L E

Capsule’s flexible leasing options combine the benefitsof traditional leasing and serviced o�ces, to o�er a simplified leasing process, high quality space and security from a trusted landlord.

Capsule options available at 120 Aldersgate Street:– Category B fit out; kitchenette, meeting rooms, desks– Data connection– Flexible lease terms– All inclusive rent

Find out more at lgim.com/capsule or contact the agents to discuss your requirements.

V1.0

Legal & General Investment Management – Brand Guidelines for Property Scheme Marketing

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Capsule in action1 Bedford Street, London • 9,000 sq ft across three floors

CAPSULE OFFERING: JUNE 2018

• Full Cat B ‘plug & play’ fit out with furniture

• Internet connected

IMPACT: AUGUST 2018

• Three leases completed on five year terms with tenant break in year three and fixed dilapidations cost

OCCUPIER BENEFIT

• Quick occupation

• No wayleave negotiation

• Flexible lease term

• Low fit out cost

• Known lease end cost

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Capsule in action120 Aldersgate Street, London • 4,000 sq ft

CAPSULE OFFERING: APRIL 2018

• Partial Cat B fit out with kitchenette and meeting room installed

• Internet connected

IMPACT: APRIL 2018

• Lease completed on five year term with tenant break in year two

OCCUPIER BENEFIT

• Quick occupation

• No wayleave negotiation

• Flexible lease term

• Low fit out cost

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Capsule in action55 Strand, London • 3,100 sq ft

CAPSULE OFFERING: JULY 2018

• Partial Cat B fit out completed with kitchenette, meeting and board room installed

• Internet enabled

IMPACT: SEPTEMBER 2018

• In market with strong interest from two parties

OCCUPIER BENEFIT

• Quick occupation

• No wayleave negotiation

• Low fit out cost

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Capsule in action1 Colmore Square, Birmingham • 7,500 sq ft

CAPSULE OFFERING: AUGUST 2018

• Partial Cat B fit out with kitchenette and meeting rooms installed

• Internet connected

IMPACT: SEPTEMBER 2018

• In market with strong interest from two parties

OCCUPIER BENEFIT

• Quick occupation

• No wayleave negotiation

• Low fit out cost

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Connectivity

CAPSULE OFFERING: AUGUST 2018

• Dedicated ultrafast connectivity

IMPACT

• Occupiers can connect to internet within 24 hours

OCCUPIER BENEFIT

• Telecommunication contracts from one week to six months

• No delays for wayleave negotiations as already agreed

• Free communal Wi-Fi in common parts

101 Victoria Street, Bristol

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FC200, West LondonRedcliff Quay, Bristol

CONTACT US

Please contact the Capsule Leasing Team for more information.

Legal & General Investment Management

One Coleman Street

London EC2R 5AA

+44 (0) 20 3124 2702 lgim.com/capsule capsuleleasing@Igim.com

IMPORTANT INFORMATION

The information provided in this presentation has been produced for information and discussion purposes only and it is not intended to constitute advice (investment, legal, tax advice or otherwise). The information should not form the basis of any investment decisions by you and we are not acting as a fiduciary to you. You should consult with your own professional advisors before taking any action based on the information in this presentation as Legal & General Property Limited (LGP), does not (to the fullest extent permitted by law) accept any responsibility for any act or omission taken in reliance of the information contained in this presentation. The information in this presentation sets out the opinions of LGP and is not a guarantee of future events or the profitability of any investment product or service.

Please do not circulate this information to any third party without our prior written consent.