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Pin to quick picksPicton Prop Regulatory News (PCTN)

Share Price Information for Picton Prop (PCTN)

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Share Price: 68.30
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Change: -1.40 (-2.01%)
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Open: 69.00
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Asset Disposal

17 Apr 2024 07:00

RNS Number : 8709K
Picton Property Income Limited
17 April 2024
 

17 April 2024

 

PICTON PROPERTY INCOME LIMITED

 ('Picton' or the 'Company')

LEI: 213800RYE59K9CKR4497

 

Asset Disposal - Completion

 

 

Further to the announcement dated 2 April 2024, Picton confirms completion of the disposal of its second largest office asset at Angel Gate, London EC1. The consideration of £29.6 million represents a 5% premium to the 31 December 2023 independent valuation.

A proportion of the proceeds will now be used to fully repay the £16.4 million outstanding balance on the Company's revolving credit facility, with the remainder available for appropriate future investment opportunities.

For further information:

Picton

Michael Morris, Chief Executive

020 7011 9980, michael.morris@picton.co.uk

 

Tavistock

James Verstringhe

020 7920 3150, james.verstringhe@tavistock.co.uk

 

About Picton

Picton, established in 2005, is a UK REIT. It owns and actively manages a £745 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as of 31 December 2023).

Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.

For more information please visit: www.picton.co.uk

 

ENDS

 

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DISFLFIDSEIRLIS
Date   Source Headline
27th Nov 202310:53 amRNSForm 8.5 (EPT/RI)-Picton Property Income Limited
27th Nov 20239:41 amRNSForm 8.3 - Picton Property Income Limited
24th Nov 20233:20 pmGNWForm 8.3 - PICTON PROPERTY INCOME LTD
24th Nov 20231:47 pmRNSForm 8.3 - UK COMMERCIAL PROPERTY REIT LTD
24th Nov 202312:10 pmRNSForm 8.3 - Picton Property Income Limited
24th Nov 202312:00 pmRNSForm 8.5 (EPT/RI) -UK Commercial Property REIT LTD
24th Nov 202310:40 amRNSForm 8.5 (EPT/RI)-Picton Property Income Limited
24th Nov 202310:37 amRNSForm 8.3 - Picton Property Income Limited
24th Nov 202310:35 amRNSForm 8.3 - UK Commercial Property REIT Limited
23rd Nov 20233:20 pmRNSForm 8.3 - Picton Property Income Limited
23rd Nov 20233:09 pmRNSForm 8.3 - UK COMMERCIAL PROPERTY REIT LTD ORD
23rd Nov 20232:59 pmRNSForm 8.3 - PICTON PROPERTY INCOME LIMITED
23rd Nov 20232:45 pmGNWForm 8.3 - PICTON PROPERTY INCOME LTD
23rd Nov 20231:15 pmRNSForm 8.3 - UK Commercial Property REIT Ltd
23rd Nov 202312:55 pmRNSForm 8.3 - Picton Property Income Limited
23rd Nov 202312:41 pmRNSForm 8.3 - UK Commercial Property REIT Limited
23rd Nov 202312:36 pmEQSForm 8.3 - The Vanguard Group, Inc.: Picton Property Income Limited
23rd Nov 202310:51 amRNSForm 8.5 (EPT/NON-RI)-Picton Property Income Ltd
23rd Nov 202310:49 amRNSForm 8.5 (EPT/RI)-Picton Property Income Limited
23rd Nov 202310:11 amGNWForm 8.3 - Picton Property Income Limited - 22 11 2023 - (CGWL)
23rd Nov 20239:25 amRNSForm 8.3 - Picton Property Income Limited
22nd Nov 20233:20 pmRNSForm 8.3 - Picton Property Income Limited
22nd Nov 20233:08 pmRNSForm 8.3 - UK Commercial Property REIT Plc
22nd Nov 20232:55 pmRNSForm 8.3 - PICTON PROPERTY INCOME LIMITED
22nd Nov 20232:37 pmRNSForm 8.3 - UK COMMERCIAL PROPERTY REIT LTD
22nd Nov 20231:59 pmGNWForm 8.3 - PICTON PROPERTY INCOME LTD
22nd Nov 20231:48 pmRNSForm 8.3 - Picton Property Income Limited
22nd Nov 20231:47 pmRNSForm 8.3 - UK Commercial Property REIT Limited
22nd Nov 20231:42 pmRNSForm 8 (OPD) Picton Property Income Limited
22nd Nov 20231:23 pmRNSForm 8.3 - Picton Property Income Limited
22nd Nov 202312:00 pmRNSForm 8.5 (EPT/RI) -UK COMMERCIAL PROPERTY REIT LTD
22nd Nov 202312:00 pmRNSForm 8.5 (EPT/RI) - Picton Property Income Ltd
22nd Nov 202311:07 amRNSForm 8.5 (EPT/RI)-Picton Property Income Limited
22nd Nov 202310:31 amRNSForm 8.3 - Picton Property Income Ltd
22nd Nov 202310:19 amRNSForm 8.3 - Picton Property Income Ltd
21st Nov 20233:20 pmRNSForm 8.3 - Picton Property Income Limited
21st Nov 20232:38 pmGNWForm 8.3 - PICTON PROPERTY INCOME LTD
21st Nov 20231:38 pmEQSForm 8.3 - The Vanguard Group, Inc.: Picton Property Income Limited
21st Nov 20231:10 pmGNWForm 8.3 - Picton Property Income Limited - 20 11 2023 - (CGWL)
21st Nov 202312:37 pmRNSForm 8.3 - Picton Property Income Limited
21st Nov 202312:00 pmRNSForm 8.5 (EPT/RI) - Picton Property Income Ltd
21st Nov 202311:39 amRNSForm 8.3 - Picton Property Income Limited
21st Nov 202311:36 amRNSForm 8.3 - UK Commercial Property REIT Limited
21st Nov 202311:08 amRNSForm 8.5 (EPT/NON-RI)-Picton Property Income Ltd
21st Nov 202310:53 amRNSForm 8.5 (EPT/RI)-Picton Property Income Limited
21st Nov 20237:09 amRNSStatement re UKCM
21st Nov 20237:00 amRNSStatement re possible all-share merger
20th Nov 20233:58 pmRNSForm 8.5 (EPT/RI)-Picton Property Income Ltd Amend
20th Nov 20233:20 pmRNSForm 8.3 - Picton Property Income Limited
20th Nov 20233:15 pmRNSForm 8.3 - UK Commercial Property REIT Limited

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