Portfolio
valuation
(gross asset value) |
£947.1m |
Portfolio
valuation
(net asset value) |
£450.0m |
| Net
initial yield (contracted rent) |
5.0%
|
| True
equivalent yield |
6.0%
|
| Reversionary yield |
5.7% |
| Number
of properties |
19 |
| Floor
area |
4
million sq ft |
| Number
of tenants |
347 |
| Void
% of ERV |
3.1% |
| Weighted unexpired
lease term |
16.6 years |
| Secure net income with
fixed uplifts |
38.6% |
| Gearing (based on gross
asset value) |
51.2% |
| ERV growth (standing
investments) |
2.0% |
