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IN BRIEF: Ediston Property half year net asset value falls

Mon, 22nd May 2023 10:11

Ediston Property Investment Co PLC - real estate investment trust focused on UK commercial property - Net asset value per share stands at 80.4 pence each on March 31, down 15% from 94.9p per share on September 30. NAV total return for the period is negative 12.6%, compared to a positive return of 10.1% the year before. The MSCI UK Monthly index shows that 'All-Property' capital values falls by 17.6% for the same period. Expects rent collection to be 99.9% for the period.

As at March, investment portfolio is valued at GBP204.3 million, down from GBP231.4 million on September 30.

Current stock price: 61.91 pence each, down 0.2% on Monday morning in London

12-month change: down 23%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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