Portfolio
valuation
(gross asset value) |
£721.4m |
Portfolio
valuation
(net asset value) |
£218.3m |
| Net
initial yield (contracted rent) |
6.65%
|
| True
equivalent yield |
8.1%
|
| Reversionary yield |
7.6% |
| Number
of properties |
19 |
| Floor
area |
c.4
million sq ft |
| Number
of tenants |
348 |
| Void
% of ERV |
3.7% |
| Weighted unexpired
lease term |
16.2 years |
| Secure net income with
fixed uplifts |
40.4% |
| Gearing (based on gross
asset value) |
67.5% |
| ERV growth (standing
investments) |
0.7% |
