Portfolio
valuation
(gross asset value)
|
£518.8m |
Portfolio
valuation
(net asset value) |
£147.9m |
| Net
initial yield (contracted rent) |
7.91%
|
| True
equivalent yield |
9.53%
|
| Reversionary yield |
8.99% |
| Number
of properties |
18 |
| Floor
area |
c.4
million sq ft |
| Number
of tenants |
337 |
| Void
% of ERV |
5.3% |
| Weighted unexpired
lease term |
15.3 years |
| Secure net income with
fixed uplifts |
41.09% |
| Gearing (based on gross
asset value) |
68.3% |
| ERV growth (standing
investments) |
-8.2% |