Picton Property Income: Edison
Real estate – LSE – Mcap: £354m – Price: 65p – Update
PICTON PROPERTY INCOME
DELIVERING ON KEY INITIATIVES
Since reporting H125 results, has agreed the sale of an office asset designated for alternative use, completed the small but accretive acquisition of an industrial unit, and undertaken several leasing and other asset management initiatives. Together, these demonstrate continuing progress with the active measures being taken to improve occupancy, grow income and dividends, and realise value embedded in the portfolio.
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