01 Apr 2025

Further accretive sale completed

Picton Property Income Limited (PCTN:LON) | 75.2 -0.3 (-0.5%) | Mkt Cap: 400.0m

- Martyn King
- 2 pages

Picton Property Income (PCTN) has completed the £8.4m disposal of a vacant office building, which is to be redeveloped for student accommodation. The company completed three such sales in FY25, for an aggregate £51m (gross), at an average 5% premium to the March 2024 valuation. In addition to the v

Sign up for free to access

Get access to the latest equity research in real-time from 12 commissioned providers.

Further accretive sale completed

Picton Property Income Limited (PCTN:LON) | 75.2 -0.3 (-0.5%) | Mkt Cap: 400.0m

Published: 01 Apr 2025
Author: Martyn King
Pages: 2

Picton Property Income (PCTN) has completed the £8.4m disposal of a vacant office building, which is to be redeveloped for student accommodation. The company completed three such sales in FY25, for an aggregate £51m (gross), at an average 5% premium to the March 2024 valuation. In addition to the v