Last checked at 1 Sep 2011 16:55
1 September 2011
PICTON PROPERTY INCOME LIMITED
("Picton" or the "Company")
Interim Report & Accounts
30 June 2011
A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do
-ENDS-
For further information:
Northern Trust International Fund Administration Services (Guernsey) Limited
David Sauvarin, 01481 745529, dts6@ntrs.com
Notes to Editors
Picton Property Income Limited* ('Picton'), a closed-end Investment Company listed on the London and Channel Islands Stock Exchanges, was established in 2005 to invest both directly and indirectly in commercial property across the United Kingdom.
With approximately 850 investors and a Net Asset Value of GBP 209 million at 30 June 2011, the Company's objective is to provide shareholders with an attractive level of income, together with the potential for capital growth by investing in the principal commercial property sectors.
On the 1 January 2012 the Company will become a self managed property investment company with Picton Capital Limited, a wholly owned subsidiary of Picton Property Income Limited, taking over investment management from ING REIM UK Limited.
*Picton Property Income Limited changed its name from ING UK Real Estate Income Trust Limited on 1 June 2011.