Financial
Highlights for the X-Leisure Unit Trust and the X-Leisure Limited
Partnership as at 31 December 2007
| Unitholders'
funds |
£450.0
million (2006: £380.1 million) |
| Gross
property asset value |
£947.1
million (2006: £721.9 million) |
| Unit
price |
167.7465
pence (2006: 175.8634 pence) |
| Distribution
per unit |
4.1333
pence (2006: 6.9618 pence) |
| Distribution
yield |
2.4% on closing unitholders’
funds (2006: 4.0%) |
Fund
size
• Unitholders'
funds up 18.4% to £450.0 million
• Unit
price down 4.6% to 167.7456 pence
Investment
activity
• Acquisition of Xscape, Castleford and Xscape, Milton Keynes
for a total of £192.3 million and Cardigan Fields, Leeds
for £39.5 million.
Performance
• Total return before performance fees for the three years
to 2007 was 20.7%
(2006: n/a).
• Total return after performance fees for the three years
to 2007 was 17.4%
(2006: n/a).
• Total return before performance fees for 2007 was -1.1%
(2006: 35.3%).
• Total return after performance fees for 2007 was -2.4%
(2006: 30.4%).
Distributions
• Income distributions of 4.1333 pence per unit or £10.8
million. The 2006 distributions of £15.1 million included
capital distributions of £4.7 million. |
