Market Capitalisation £468.20M

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.

Retail and Leisure

Key metrics as at 31 march 2019

  2019 2018
Value £137.5 million £156.4 million
Internal Area 829,000 sq ft 829,000 sq ft
Passing Rent £7.5 million £10.7 million
Estimated Rental Value £10.0 million £10.8 million
Occupancy 77.0% 97.0%
Number of Assets 17 17

Portfolio as at 31 march 2019

Property Area (sq ft) Freehold/ Leasehold
Parc Tawe, North Retail Park, Link Road, Swansea 116,700 Leasehold
Gloucester Retail Park, Eastern Avenue, Gloucester 113,900 Freehold
B&Q, Queens Road, Sheffield 105,600 Freehold
62-68 Bridge Street, Peterborough 88,700 Freehold
Thistle Express, The Mall, Luton 81,600 Freehold/Leasehold
Angouleme Retail Park, George Street, Bury 76,200 Freehold/Leasehold
17-19 Fishergate, Preston 59,900 Freehold
Regency Wharf, Broad Street, Birmingham 44,300 Leasehold
Scots Corner, High Street/Institute Road, Birmingham 30,000 Freehold
Crown & Mitre Complex, English Street, Carlisle 23,800 Freehold
Stanford House, Long Acre, London 19,600 Freehold
6-12, Parliament Row, Hanley 17,300 Freehold
Units 1-3, 18/28 Victoria Lane, Huddersfield, West Yorks. 14,600 Leasehold
53-57 Broadmead, Bristol 10,400 Leasehold
72-78, Murraygate, Dundee 9,700 Freehold
7-9 Warren Street, Stockport 8,700 Freehold
78-80 Briggate, Leeds 7,700 Freehold

Largest occupiers as at 31 march 2018

Occupier   % of total
portfolio
B&Q logo B&Q Plc 3.1
TK Maxx TK Maxx 1.8
Lidl logo Lidl UK GmbH 1.3
GLH GLH Hotels Limited 1.2
Co-op logo Co-operative Limited 1.0

Occupier focused, Opportunity led