SI No 7 Completion

Tuesday, May 20, 2008

SI is delighted to announce it has completed its seventh property acquisition, the forward-funded City Wharf development in Aberdeen.

Track Record

Track Record

Our performance is impressive when compared to other investment classes. And our ability to identify the right commercial property investment opportunity at the right price has delivered excellent returns to date.

Returns that speak for themselves

Seven acquisitions - commercial properties totalling £300m
Three disposals - totalling £83m
£70m - the amount of investors’ equity we have attracted
Over £300m - the total amount of funds we have secured

P/01		Location Gerrard’s Cross, Buckinghamshire Property New office building Deal size £15.9m	Property Sold March 2005 Partnership Duration 28 months Tenants News International, Uniq, Wilson Bowden Developments Ltd	IRR 11.3%
P/02		Location Sheffield Property Warehouse development Deal Size £24m	Property Sold September 2005 Partnership Duration 20 months Tenant B&Q	IRR 25.2%
P/03		Location Cheltenham Property Head Office building Deal Size £36.2m	Property Sold July 2006 Partnership Duration 19 months Tenant Eagle Star	IRR 19.6%
P/04		Location Liverpool Property Office development Deal Size £46.5m	Purchased April 2006 Tenant Hill Dickinson	Status Hold period
P/05		Location Birmingham, Hatfield, Gatwick Property Hotels Deal Size £73.1m	Purchased August 2006 Tenant Jarvis	Status Hold period
P/06		Location Glasgow Property Hotel Deal Size £68m	Purchased March 2007 Operator Radisson SAS UK	Status Hold period
P/07		Location Aberdeen Property Mixed use development Deal Size £39.8m	Purchased May 2008 Various Tenants including Grosvenor Casino, Ibis, NCP, Aberdeen City Council	Status Hold period