Earnings PerformanceThe shares have performed rather better than the wider market, up 13% year to date vs the EPRA UK REIT Index up just 1% over the same period.
Portfolio ManagementPicton continues to demonstrate an appetite for active portfolio management, extracting maximum value across all assets, with a keen eye for capital recycling and asset management.
Valuation UpliftPicton has completed the sale of Longcross, Cardiff, for £8.4m, in line with the December valuation, but a 21% premium to the March 2024 book valuation.