RNS Number : 6011M
Picton Property Income Limited
18 August 2011
 



18 August 2011

 

PICTON PROPERTY INCOME LIMITED

("Picton" or the "Company")

Picton and IRET Securities Limited will announce its results for the six months ended 30 June 2011 on Wednesday 31 August 2011.

-ENDS-

 

For further information:

ING Real Estate Investment Management (UK) Limited

Helen Stott, 020 7767 5648, helen.stott@ingrealestate.co.uk

Financial Dynamics

Dido Laurimore/Laurence Jones, 020 7831 3113

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 Net Asset Value of GBP 209 million at 30 June 2011 and over 900 investors, 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.

 


This information is provided by RNS
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