Lothbury Investment Management Limited (LIM) is a UK real estate investment manager, formed in 2010. Our strong and cohesive fund management team has worked together for nearly 20 years and has a track record of delivering outperformance for investors.
LIM manages unlisted property vehicles on behalf of institutional investors seeking indirect exposure to the UK. Our flagship fund is Lothbury Property Trust (LPT) and we also manage a segregated secure income portfolio for a UK pension fund. We offer an innovative solution to clients, through our core/active strategy. Our predominantly core portfolio of prime assets provides stable returns, while our active management initiatives create additional value and enhance returns.
Since LIM’s launch in June 2010, we have progressively grown our funds under management to £2.1bn. We have continued to attract new investors to our funds and significantly diversified our robust base of UK and overseas institutional clients, the majority of which are corporate and public sector pension funds. Our clients also include treasury investors, collective investment schemes, insurance companies and charities.
Investment principles & strategy
We apply an innovative investment strategy across all of our funds, giving us a clear competitive advantage by helping our clients to achieve their investment targets with the lowest possible risk profile. We accomplish this through a core/active investment strategy, which is proven to deliver outperformance throughout the economic cycle. A core portfolio will make up 80–90% of a fund’s assets and is designed to achieve stable returns, combined with an active portfolio where the fund undertakes management initiatives to add value and enhance returns for investors. The core portfolio comprises prime, high-quality, well-located properties, secured with excellent tenant covenants on strong leases. We stringently screen ten¬ants and maintain maximum ceilings for single tenants. Low void levels demonstrate the high calibre of the property assets.
The active portfolio enhances our core assets by refurbishing or reconfiguring them, and also includes the development of new sites. This creates new assets with¬out any buying costs and provides development profit, further enhancing returns.
Our core/active investment strategy has produced an extremely impressive track record. Lothbury Property Trust has delivered 17 years of excellent performance against the AREF/IPD UK Quarterly Property Fund Index, All Balanced Quarterly Property Fund Index. All of these returns have been delivered without recourse to gearing. Lothbury Property Trust remained open during the downturn, meeting all redemptions received without suspension or delay through its portfolio of liquid assets.
Performance of the Lothbury Property Trust is independently calculated and verified by MSCI.
Lothbury Investment Management Limited (LIM) is a company registered in England No. 04185370, with its registered address at 155 Bishopsgate, London, EC2M 3TQ, United Kingdom. LIM is authorised and regulated by the Financial Conduct Authority in the UK.
The information contained in this site is provided “as is”, without representations or warranties, express or implied, of any kind and does not create any obligation, contractual or otherwise, on the part of any such entity. It is not an offer (or solicitation of an offer) of, or a recommendation to buy or sell, any financial product. Any prices or other values included are indicative only, and do not necessarily represent current market prices, the prices at which any LIM entity would enter into a transaction or the prices at which similar transactions may be carried on that entity’s own books.
Please refer to LIM’s website www.lothburyim.com for the full compliance statement and disclaimer.
News from Lothbury Investment Management Limited (Real Estate)
Lothbury Investment Management has completed the acquisition of the Travelodge hotel in Union Street, Southwark, London for £56.3m, as part of a segregated mandate for a major UK pension fund.
Lothbury Investment Management, on behalf of Lothbury Property Trust, has created a brand-new gym in the area formerly occupied by under-utilised car parking spaces in a ground floor level car park at their Powis Place student accommodation in Aberdeen.
Big brand fashion and accessories retailer, TK Maxx is opening its doors to shoppers at Oxford’s popular Clarendon Centre on Thursday May 30th at 9am.
Congleton Retail Park in Cheshire has been sold by Lothbury Investment Management, on behalf of Lothbury Property Trust, to Middlesbrough Council’s Teesside Pension Fund, c/o CBRE Capital Advisors, for £15.09 million, representing a yield of 6.46%.
Lothbury Investment Management, on behalf of Lothbury Property Trust, has completed the acquisition of the Travelodge Hotel, Cameron Toll in Edinburgh for £13.7m.
News from IPE Real Assets
Nomura is buying a 75% stake in Lothbury Investment Management
Lothbury bought the hotel on Union Street for £56.3m as part of a segregated mandate for the pension fund
BPF creates build-to-rent committee to lobby government
Blackwater Shopping Park sold to Lothbury at a 4.25% yield
White Papers / Research from Lothbury Investment Management Limited (Real Estate)
Lothbury Investment Management, on behalf of Lothbury Property Trust, has let the fourth floor at 4 Hardman Street in Manchester to McLaren Construction.
Analysis from IPE Real Assets
Real estate is often said to be a long-term, buy-and-hold asset class for institutional investors. But the success of investments invariably comes down to getting the timing right.
As pension funds in the UK put more resources into property investments, Rachel Fixsen finds they are increasingly looking to broaden their horizons