RNS Number : 1002M
Picton Property Income Limited
10 August 2011
 



10 August 2011

 

PICTON PROPERTY INCOME LIMITED

("Picton" or the "Company")

 

 

Appointment of Joint Broker

 

 

 

The Board of Picton announces that Oriel Securities Limited has been appointed as the Company's Joint Corporate Broker, with immediate effect.

 

It will act alongside the Company's existing broker, JPMorgan Cazenove.

 

 

 

For further information:

 

 

Northern Trust

David Sauvarin

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

 


Tel:  01481 745529

Fax; 01481 745085

 

 

 

 

 

 

 

 

Financial Dynamics                

Dido Laurimore

dido.laurimore@fd.com  

Laurence Jones

laurence.jones@fd.com

 


Tel: 020 7831 3113

Oriel Securities Limited

Mark Young

Nicholas How

 


Tel : 020 7710 7600

ING Real Estate Investment Management (UK) Limited

Helen Stott, helen.stott@ingrealestate.co.uk

 


Tel: 020 7767 5648

Picton Capital Limited

Michael Morris

michael.morris@pictoncapital.co.uk

 


Tel: 020 7628 4800




 

 

 

 

 

 

 

 




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 a property portfolio of GBP 426 million, a Net Asset Value of GBP 209 million at June 2011 and over 900 investors, the Company 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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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