Increase in Net Rental Income
Net rental income increased by 15%, driven by strong performance in logistics and other key sectors.
Dividend Growth
Announced a Q2 dividend of 3.05p, up 7% from last year, marking the 11th year of dividend growth.
Portfolio Value Growth
Portfolio value increased by 22% to GBP 7.4 billion.
High Rent Collection Rate
Rent collection remained strong at 99.5% of rents due.
Strong Sector Performance
Logistics exposure increased to 54%, driving strong rental growth.
Cost Efficiency
EPRA cost ratio decreased to 7.7%, indicating sector-leading cost efficiency.
Successful M&A Activity
Completed acquisitions added GBP 267 million in new rental income.