Stenprop aims to achieve three core outcomes from its business model:

  • To deliver sustainable and growing income distributions to shareholders
  • Reposition the business to focus on the UK MLI space
  • Revolutionising the MLI Space to deliver higher occupancy and growing income

Customer service

Flexi-Lease model

Active asset management

Technology

Acquire through careful asset selection

  • Modern purpose built MLI assets
  • Well located within or close to dense urban conurbations
  • Asset specific business plan to grow rents over time

Sell

  • Recycle non-MLI assets in line with strategy
  • We expect to retain our MLI properties for the long term

Sustainable and growing income

  • Significant diversification by tenant, geography and scale
  • Creation of long term customers through strong service provision and brand loyalty
  • Enhanced income through implementation of flexi-lease product
  • Utilising technology to drive cost efficiencies across the portfolio
  • Generation of additional revenue streams through the delivery of services beyond the sale of space

Portfolio management

  • Depth of experience across the team and sector in executing value add strategies
  • Strict governance and focus on sustainable investment
  • Active portfolio management using technology to enhance and streamline the process
  • Debt management programme to reduce leverage below 40%