Market Capitalisation £562.94M

Picton Property Income Limited entered the UK REIT regime on 1 October 2018 and became a commercial company. As such Picton is outside the scope of AIFMD and is not required to produce a Key Information Document (KID) under PRIIPs.

RNS Number : 0428T
Picton Property Income Limited
30 November 2011

30 November 2011


("Picton" or the "Company")

Change to Financial Year End


In accordance with the requirements of the Listing Rule 9.6.20, the Board of Picton announces that its accounting reference date has been changed from 31 December to 31 March. As a consequence, the next audited financial statements to be published will be for the fifteen month period ended 31 March 2012.

The Company will be announcing its Net Asset Value, as at 31 December 2011, and an interim dividend in January 2012 in the usual manner.



For further information:

Northern Trust International Fund Administration Services (Guernsey) Limited

David Sauvarin, 01481 745529,

Notes to Editors

Picton Property Income Limited* ('Picton'), a closed-end Investment Company listed on the London and Channel Islands Stock Exchanges, was established in 2005 to invest both directly and indirectly in commercial property across the United Kingdom.

With approximately 850 investors and a Net Asset Value of £211.3 million at 30 September 2011, the Company's objective is to provide shareholders with an attractive level of income, together with the potential for capital growth by investing in the principal commercial property sectors.

On the 1 January 2012, the Company will become a self managed property investment company with Picton Capital Limited, a wholly owned subsidiary of Picton Property Income Limited, taking over investment management from CBRE Global Investors, formerly ING REIM UK Limited.

*Picton Property Income Limited changed its name from ING UK Real Estate Income Trust Limited on 1 June 2011.


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