Their five year plan, launched in September 2015, commits the Company to at least double their social, environmental and financial impact, supporting more organisations, offering better facilities, and managing greener Centres while increasing their profitability. To achieve this they have been making improvements to their existing Centres, working on plans to acquire new Centres, and disposing of those Centres that don’t deliver appropriate long term benefits for their tenants, the Company or their investors.
Potential locations in London, Bristol, Cardiff and Manchester are ear-marked for new Centres; as well as other areas of North-West England. This will enable them to better support communities in areas where they have either existing demand for space, or limited or no presence. They are also very aware of the need to continue to invest in their existing Centres and the need to achieve consistency, in terms of the services tenants receive and the fabric of the buildings in which they are based.
Key to growth is the need to raise capital. In the medium term the Company may decide to become publicly listed on a recognised stock exchange. This would support them in raising more capital, as well as improving liquidity.