STUDENT ACCOMMODATION PORTFOLIO · November 2012 50 46 44 43 2011 2011 2014 2016 RESIDENTIAL...

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STUDENT ACCOMMODATION STUDENT ACCOMMODATION PORTFOLIO NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION UK ABERYSTWYTH UNIVERSITY Contemporary accommodation adjacent to the University’s main campus, as well as enhanced learning and communal facilities 100% 51 July 2013 35 2016 FOUNDRY COURTYARD, KENNEDY STREET GLASGOW A direct-let, student accommodation development with associated amenity and retail space in central Glasgow. The development is split over two blocks around a central courtyard area 100% 40 April 2016 n/a 2017 HOLYROOD, UNIVERSITY OF EDINBURGH Balfour Beatty Investments’ first UK student accommodation project 20% 82 July 2013 50 2016 EAST SLOPE, UNIVERSITY OF SUSSEX Replacement of the existing facility with a new living space, incorporating innovative student amenities 80% 218 March 2017 50 2020 US ASPIRE AT DISCOVERY PARK, PURDUE UNIVERSITY An integrated living/learning community delivering residential units along with academic and retail space 67% 66 January 2018 45 2019 UNIVERSITY OF TEXAS AT DALLAS, NORTHSIDE UNIVERSITY OF TEXAS AT DALLAS 2 UNIVERSITY OF TEXAS AT DALLAS 3 UNIVERSITY OF TEXAS AT DALLAS 4 New apartment-style on-campus housing and undergraduate housing to meet the needs of a growing enrolment 10% 10% 70% 65% 41 51 29 53 March 2015 February 2017 June 2019 December 2019 61 61 61 61 2016 2018 2020 2021 (i) 50% holding in the management company *Figures are accurate as of our 2019 full-year results

Transcript of STUDENT ACCOMMODATION PORTFOLIO · November 2012 50 46 44 43 2011 2011 2014 2016 RESIDENTIAL...

Page 1: STUDENT ACCOMMODATION PORTFOLIO · November 2012 50 46 44 43 2011 2011 2014 2016 RESIDENTIAL HOUSING RESIDENTIAL HOUSING PORTFOLIO NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING

STUDENT ACCOMMODATION

STUDENT ACCOMMODATION PORTFOLIO

NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

UK

ABERYSTWYTH UNIVERSITYContemporary accommodation adjacent to the University’s main campus, as well as enhanced learning and communal facilities

100% 51 July 2013 35 2016

FOUNDRY COURTYARD, KENNEDY STREET GLASGOWA direct-let, student accommodation development withassociated amenity and retail space in central Glasgow.The development is split over two blocks around acentral courtyard area

100% 40 April 2016 n/a 2017

HOLYROOD, UNIVERSITY OF EDINBURGHBalfour Beatty Investments’ first UK student accommodation project

20% 82 July 2013 50 2016

EAST SLOPE, UNIVERSITY OF SUSSEXReplacement of the existing facility with a new living space, incorporating innovative student amenities

80% 218 March 2017 50 2020

US

ASPIRE AT DISCOVERY PARK, PURDUE UNIVERSITYAn integrated living/learning community delivering residential units along with academic and retail space

67% 66 January 2018 45 2019

UNIVERSITY OF TEXAS AT DALLAS, NORTHSIDEUNIVERSITY OF TEXAS AT DALLAS 2UNIVERSITY OF TEXAS AT DALLAS 3UNIVERSITY OF TEXAS AT DALLAS 4New apartment-style on-campus housing and undergraduate housing to meet the needs of a growing enrolment

10% 10%70% 65%

41512953

March 2015February 2017June 2019December 2019

61616161

2016201820202021

(i) 50% holding in the management company*Figures are accurate as of our 2019 full-year results

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RESIDENTIAL HOUSING

RESIDENTIAL HOUSINGPORTFOLIO

NAME SHAREHOLDINGTOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

UK

EAST WICK AND SWEETWATERTwo new neighbourhoods, to be named East Wick and Sweetwater, with a mix of affordable, private and private rented housing.

50% 90 January 2019 3 2021

BROADSIDEResidential-led mixed-use development within New Cross, Manchester.

100% 65 2018 2 -

US

ASPIRE 349Off-campus apartment community located by the University of North Carolina at Wilmington and Cape Fear Community College

50% 36 December 2017 - 2018

RIVERCHASE LANDINGCommunity comprised of a mix of two- and three-story buildings located in the desirable Hoover suburb near Birmingham, Alabama

8% 33 March 2018 - 2025

PRESERVE AT ZEPHYR RIDGELocated in Zephyrhills, one of the fastest growing submarkets of Jacksonville and comprised of a mix of units in a variety of one-, two- and three-bedroom floor plans

50% 23 August 2018 - 2025

RIDGELAND PLACEThe first asset located in an upscale submarket of Jackson, Mississippi

50% 20 August 2018 - 2025

PRESERVE AT SOUTHWINDIdeally located in the desirable Germantown/Collierville area and marking the company’s first acquisition in the Memphis area

20% 30 December 2018 - 2025

WATERCHASELocated in Largo, Florida and boasting a mix of studio, one- and two-bedroom apartments floor plan options

50% 27 April 2019 - 2025

PRESEVE AT BARTLETTLocated in Bartlett, Tennessee just outside of Memphis featuring one-, two- and three-bedroom units

50% 36 June 2019 - 2025

LANDINGS AT LAKE GRAY JACKSONVILLE Located in Jacksonville, Florida spanning 14 acres with lake views

50% 36 August 2019 - 2025

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MILITARY HOUSING

MILITARY HOUSINGPORTFOLIO

NAME PROJECTSTOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

US

DYESS FAMILY HOMES, MOODY AFB FAMILY HOUSINGTwo military family housing communities that add to our presence in Texas and Georgia

Two Air Force bases 42 June 2014 50 2018

TRAVIS FAMILY HOMES, FAIRCHILD AFB HOMES, TINKER AFB HOMESThis geographically diverse project has won awards for public-private partnership

Three Air Force bases 324 July 2008 50 2015

CARLISLE BARRACKS HOMES / PICATINNY HOMESTwo historic Army installations. Carlisle Barracks is the second oldest active military base and home of the Army War College

Two Army bases 64 July 2006 50 2011

FORT BLISS FAMILY HOMES/WHITE SANDS MISSILE RANGE FORT BLISS EXPANSION 1FORT BLISS EXPANSION 2 / PHASE 1FORT BLISS EXPANSION 2 / PHASE 2Leading the way in the US Army’s ‘Net Zero’ vision for energy, water and waste with a goal to become the nation’s largest solar housing community

Two Army bases 32435118110

July 2005December 2009July 2011November 2012

50464443

2011201120142016

RESIDENTIAL HOUSING

RESIDENTIAL HOUSINGPORTFOLIO

NAME SHAREHOLDINGTOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

RETREAT AT SCHILLINGERFeaturing one-, two-, and three-bedroom floor plans located in the attractive West Mobile submarket approximately 12 miles from downtown Mobile, Alabama

50% 25 December 2019 - 2026

AVENUE AT HARBISON Located in Columbia, South Carolina with convenient access to downtown and one of the largest retail and employment corridors in the area

50% 20 December 2019 - 2026

*Figures are accurate as of our 2019 full-year results

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MILITARY HOUSING

MILITARY HOUSINGPORTFOLIO

NAME PROJECTSTOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

FORT CARSON FAMILY HOMESFORT CARSON EXPANSION FORT CARSON GTA EXPANSIONFORT CARSON GTA II EXPANSION The first military housing privatisation project in the US – this project has grown with its success

Army base 133997552

November 2003November 2006April 2010June 2015

46433934

2004201020132018

DETRICK HOMES / GLEN HAVENServing the housing needs of one of the nation’s most prominent military medical centres as well as the US Army Medical Command

Two Army bases 84 July 2004 50 2008

FORT EUSTIS FAMILY HOMES/ FORT STORY FAMILY HOMESFORT EUSTIS EXPANSIONFORT EUSTIS MARSEILLES VILLAGELocated in the Hampton Roads region of Virginia, these two installations are separated by 45 miles operating separately but mutually supporting each other

Two Army bases 132620

March 2006July 2010March 2013

504542

201120112015

FORT GORDON FAMILY HOMESHousing for personnel at Fort Gordon, home of the United States Army Signal Corps in Augusta, GA

Army base 83 May 2006 50 2012

FORT HAMILTON FAMILY HOMESHousing for a rare ‘city’ Army installation with a rich history serving the defence needs for New York City

Army base 46 June 2004 50 2009

FORT JACKSON FAMILY HOMESHousing for personnel at Fort Jackson, training ground for 50% of all soldiers entering the Army

Army base 137 October 2008 50 2013

FORT LEONARD WOOD FAMILY HOMESA remote military installation in the central United States, FLW endured a major tornado and has since incorporated innovative construction to withstand tornadoes in the housing community

Army base 175 Acquired June 2008 47 2014

FORT STEWART FAMILY HOMESHome of the largest Army installation in the eastern US and one of the earliest military housing privatisation programmes

284 November 2003 50 2012

HUNTER AAF HOMESHousing for active duty Army Families assigned to Hunter Army Airfield

27 January 2008 50 2010

LACKLAND FAMILY HOUSING LLC Housing for personnel at Lackland, now part of Joint Base San Antonio, the largest joint base organisation in the Department of Defense

Air Force base 79 Acquired 2008 50 2013

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MILITARY HOUSING

MILITARY HOUSINGPORTFOLIO

NAME PROJECTSTOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

LAKEHURST HOMES, NWS EARL HOMES, QUIET HARBOR AT SARATOGA SPRINGS, NSB NEW LONDON HOMES, MITCHEL HOMES, NSY PORTSMOUTH HOMES, NAVSTA NEWPORT HOMESOne of the first multi-site, multi-installation military housing projects with seven locations in five states serving the US Navy’s Northeast and mid-Atlantic installations

Seven Navy bases 376 November 2004 50 2010

JBWS CHARLESTON HOMES, NSB KINGS BAY HOMES, NAS JACKSONVILLE HOMES, NS MAYPORT HOMES, NAS KEY WEST HOMES, NSA PANAMA CITY HOMES, WHITING FILED HOMES, NAS PENSACOLA HOMES, NCBC GULFPORT HOMES, NAS MERIDIAN HOMES, NAS JRB FORT WORTH HOMES This US Navy project is one of the largest military housing privatisation initiatives located in the Southeast region of the US with a concentration in the state of Florida

11 Navy bases 422 November 2007 50 2013

MOUNTAIN HOME FAMILY HOUSING, ELLSWORTH AFB HOMES, MINOT AFB HOMES, CAVALIER AFS HOMES, GRAND FORKS AFB, CANNON FAMILY HOMESAn Air Force military family housing privatisation project in the distant reaches of the United States

Six Air Force bases 323 August 2013 50 2019

VANDENBERG FAMILY HOMESA family housing project for Air Force personnel whose primary mission is space and missile testing

Air Force base 117 November 2007 50 2012

BEALE AFB HOMES, MALMSTROM AFB HOMES, F.E. WARREN AFB HOMES, WHITEMAN FAMILY HOMES One of the last Air Force groups to be privatised

Four Air Force bases 249 March 2012 50 2017

WEST POINT FAMILY HOMESPremiere housing for the staff and personnel of the historic United States Military Academy, West Point

Army base 167 August 2008 50 2016

ALTUS AFB HOMES, LUKE FAMILY HOMES, SHEPPARD AFB HOMES, TYNDALLFour geographically diverse Air Force bases spanning FL, OK, TX and AZ

Four Air Force bases 272 February 2007 50 2012

*Figures are accurate as of our 2019 full-year results

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POWER AND WASTE

POWER AND WASTE PORTFOLIO

NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

UK

BIRMINGHAM BIO POWER LTD A new energy-from-wastewood power station in Tyseley, Birmingham

37.5% 53 December 2013 n/a 2018

ESSEX WASTEResidual Waste Treatment project in partnership withEssex County Council and Southend-on-Sea Borough Council

30% 146 May 2012 28 2015

GLOUCESTERSHIRE WASTE A new energy-from-waste project for GloucestershireCounty Council

49.5% 223 January 2016 25 2019

WELLAND WASTE WOOD POWER STATION LTDA new energy-from-wastewood power station in Northamptonshire

25% 17 March 2015 n/a 2018

GWYNT Y MÔR OFTO Offshore transmission assets connecting to the 576MW Gwynt y Môr wind farm

60% 256 February 2015 20 n/a

HUMBER GATEWAY OFTO LTDOffshore transmission assets connecting to the 219MW Humber Gateway wind farm

20% 187 September 2016 20 n/a

THANET OFTO LTDHigh-voltage electricity transmission system connecting the 300MW Thanet Wind Farm, off the coast of Kent, to the onshore transmission grid

20% 197 December 2014 20 n/a

DATEAWARDED *Figures are accurate as of our 2019 full-year results

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HIGHWAYS AND TRANSPORT

HIGHWAYS AND TRANSPORT PORTFOLIO

NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

UK

CONNECT A30/A35An important south coast route through Dorset and East Devon

20% 127 July 1996 30 2000

CONNECT A50A strategic east to west connection between the M6 and M1

25% 42 May 1996 30 1998

ABERDEEN ROADSA design, build, finance and operation contract for Transport Scotland in partnership with Aberdeen City and Aberdeenshire Councils

33.3% 665 December 2014 33 2020

CONNECT ROADS CAMBRIDGESHIREReplacing and upgrading Cambridgeshire’s 55,000 street lights

20% 51 April 2011 25 2016

CONNECT CARLISLE NORTHERN DEVELOPMENT ROUTE (CNDR)A network to take traffic away from Carlisle city centre and improve transport links between West Cumbria, Scotland and the North East of England

25% 176 July 2009 30 2012

CONNECT ROADS COVENTRYA five-year Core Investment Programme including city wide Central Management System enabling

20% 56 August 2010 25 2015

CONNECT ROADS DERBYA five-year Core Investment Programme, 25-year Maintenance Programme and an energy saving efficiency

100% 36 April 2007 25 2012

CONNECT M1-A1A strategic motorway link between the M62 and A1 southeast of Leeds

20% 290 March 1996 30 1999

CONNECT PLUS M25Delivery of capacity improvements and ongoing maintenance and improvements of M25 and associated roads; one of the busiest motorway networks in Europe

15% 1,309 May 2009 30 2012

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NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

CONNECT M77/GLASGOW SOUTHERN ORBITAL (GSO)An extension of the motorway and Principal Road network creating a more safe and reliable journey

85% 167 May 2003 32 2005

CONNECT ROADS NORTHAMPTONSHIREA project to remove, replace and/or upgrade every one of Northamptonshire’s 65,000 street lights

20% 64 August 2011 25 2016

CONNECT ROADSSOUTH TYNESIDEA five-year Core Investment Programme, 25-year Maintenance Programme, and an energy saving efficiency

20% 28 December 2005 25 2010

CONNECT ROADS SUNDERLANDA five-year Core Investment Programme, 25-year Maintenance Programme, and an energy saving efficiency

20% 27 August 2003 25 2008

US

AUTOMATED PEOPLE MOVER (APM) AT LOS ANGELES INTERNATIONAL AIRPORT (LAX)A 2.25-mile elevated tramway to reduce congestion at the world’s fifth busiest airport.

27% 1,893 June 2018 30 2023

HIGHWAYS AND TRANSPORT

HIGHWAYS AND TRANSPORT PORTFOLIO

INFRASTRUCTURE

NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

UK

NORTH WEST FIRE AND RESCUE SERVICES16 new Community Fire Stations across the North West of England

100% 55 February 2011 25 2013

PEVENSEY COASTAL DEFENCE LIMITEDA scheme to prevent coastal erosion in the South East of England

25% 3 July 2000 25 n/a

INFRASTRUCTUREPORTFOLIO

*Figures are accurate as of our 2019 full-year results

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HEALTHCARE

HEALTHCAREPORTFOLIO

NAME SHAREHOLDING TOTAL DEBT AND EQUITY FUNDING £M FINANCIAL CLOSE DURATION YEARS CONSTRUCTION COMPLETION

CANADA

BC CHILDREN’S AND BC WOMEN’S HOSPITALDesign, build, financing and facilities management for a Children’s Hospital in Vancouver. This project is near completion

70% 264 April 2014 33 2017

UK

WOODLAND VIEWFirst healthcare project announced by Scottish Government’s NPD PPP programme

100% 58 June 2014 27 2016

QUEEN ELIZABETH HOSPITAL, BIRMINGHAM Birmingham’s first new acute hospital for 70 years

40% 553 June 2006 40 2011

IRELAND

IRISH PRIMARY CARE CENTRES14 new primary care centres across Ireland

40% 158 May 2016 26 2019

*Figures are accurate as of our 2019 full-year results