In a successful FY18, Picton Property Income again outperformed the MSCI IPD Quarterly Benchmark property return, as it has now done over one, three, five and 10 years. Moderate gearing enhanced the EPRA NAV total return to 14.9%. The industrial and office property markets, towards which Picton’s portfolio has a strong bias, remain robust with widespread rental growth. In addition, Picton’s portfolio continues to offer significant reversionary potential despite an already high lev
25 Jun 2018
Picton Property Income - FY18 builds on successful track record
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Picton Property Income - FY18 builds on successful track record
Picton Property Income Limited (PCTN:LON) | 60.6 0 0.0% | Mkt Cap: 331.8m
- Published:
25 Jun 2018 -
Author:
Martyn King -
Pages:
12
In a successful FY18, Picton Property Income again outperformed the MSCI IPD Quarterly Benchmark property return, as it has now done over one, three, five and 10 years. Moderate gearing enhanced the EPRA NAV total return to 14.9%. The industrial and office property markets, towards which Picton’s portfolio has a strong bias, remain robust with widespread rental growth. In addition, Picton’s portfolio continues to offer significant reversionary potential despite an already high lev