The Scale of Commitment to CRE Howard Cooke 2 7th June 2014.

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Presentation transcript:

The Scale of Commitment to CRE Howard Cooke 2 7th June 2014

Introduction Research Analysis Phase 1 Surplus Property Retail Sector Research Phase 2

Research – Phase 1 FTSE 350 to December 2012 Total Turnover - £1.16 trillion Largest Sector - Banking Total £302bn Total Profit - £168 billion Most profitable - Health Average £1.8bn People - 6.4m FTE’s Total Lease Commitment £132.5bn UK Business Lease Commitment £382bn Total Commitment £1.16 Trillion (Rent, Rates, Services & FM)

Turnover

PBIT

Profit Ratio

Lease Commitment

Lease Length Retailing Leisure Utilities Proportion of Profit Retailing Transport Leisure Absolute Measure Retailing TMT Banking & Finance Commitment

Surplus Property Headline Numbers Total Provision - £4.2 billion Gross Liability - £25.7bn UK Business - £74bn Smallest Provision - Health (Total & Average) Largest Provision - TMT (Total & Average)

Net Book Value as % of Net Assets

Surplus Property

Survey

Retail Sector £7,826m £8,135m £6,468m £8,533m£9,167m£9,387m

Retail Sector

Next Steps Conclude 2005 to 2013 data Further Questionnaire Research Output

Howard Cooke t: m: e: