Share Price 84.50p no change

0.00p (0.00%)

as at: 24 November 2017 11:09:25

Market Capitalisation £456.35M

Year in review 2017

Picton Property Income Limited is an award winning, main market company on the London Stock Exchange.

We invest in commercial property across the United Kingdom, and having an internally managed structure differentiates us from our competitors.

Chairman's Statement

Chairman's statement Nicholas thompson

Our aim is to be consistently one of the best performing diversified property investment companies listed on the main market of the London Stock Exchange.

Highlights

Financial highlights

NAV per Share (p)

82p

Earnings per Share (p)

7.9p

Dividends per share (p)

3.3p

Net Assets (£m)

£441.9m

Profit after Tax (£m)

£42.8m

Dividend Cover (%)

144%

** 115% prior to one-off income

Property Assets* (£m)

£615.2m

* net of lease incentives

Total Return (%)

10.4%

Shareholder Total Return (%)

25.6%

Operational highlights

Positive results against an uncertain economic backdrop

Stronger balance Sheet and lower finance costs

Positive valuation and income growth

Maintained focus on asset management

Continue to outperform MSCI IPD quarterly benchmark

Ongoing repositioning of portfolio

Portfolio

Industrial

Value of Industrial Portfolio

£250.4m

Annual Rental Income

£15.3m

Occupancy

98.6%

Office

Value of Office Portfolio

£213.9m

Annual Rental Income

£13.8m

Occupancy

87.5%

Retail and Leisure

Value of Retail and Leisure Portfolio

£160.1m

Annual Rental Income

£11.0m

Occupancy

98.8%

Industrial Case study

Increase in value

29%

Read more Industrial case study

Office Case study

Increase in value

24%

Read more Office case study

Retail and Leisure Case study

Increase in value

130%

Read more Retail and Leisure case study

Occupier focused, Opportunity led