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Picton Property Income ( (GB:PCTN) ) has provided an update.
Picton Property Income Limited has announced the appointment of Francis Salway as the new Chair of its Board, effective February 1, 2025. Salway, with extensive experience in the property sector, is expected to bring strategic vision and leadership, succeeding Lena Wilson. This leadership change is anticipated to enhance Picton’s ability to capitalize on market opportunities, continuing its track record of strong property performance and shareholder value creation.
More about Picton Property Income
Picton Property Income Limited, established in 2005, is a UK-based Real Estate Investment Trust (REIT) listed on the London Stock Exchange. The company owns and manages a £721 million commercial property portfolio comprising 48 assets with around 350 occupiers, focusing on delivering consistent performance and income returns. Picton’s strategy is centered on an occupier-focused, opportunity-led approach, with significant investments in the industrial sector. The company aims to achieve net zero carbon emissions by 2040.
YTD Price Performance: 1.01%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $412M
For detailed information about PCTN stock, go to TipRanks’ Stock Analysis page.
