Net Asset Value(s)

RNS Number : 7411T

TR Property Investment Trust PLC

01 October 2010

 



TR PROPERTY INVESTMENT TRUST PLC

1^st October 2010

NET ASSET VALUES

Ordinary Shares

As at close of business on 30^th September 2010, the unaudited net asset value per ordinary share including current financial year revenue items was 190.5p (and 188.7p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 185.0p (and 183.2p including debt marked at fair value). 

The above net asset values incorporate impact of a revaluation of the entire direct property portfolio owned by the Ordinary share class which was carried out by Drivers Jonas Deloitte as at 30^th September 2010.  The total of this valuation was £43.325m.  The previous valuation at 31^st March 2010 was £49.55m.  On a like for like basis (post sales) the 30^th September valuation reflects an increase in capital values over the six month period of £0.275m or 0.64%.

Sigma Shares

As at close of business on 30^th September 2010, the unaudited net asset value per sigma share including current financial year revenue items was 100.1p (and 99.2p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 99.0p (and 98.1p including debt marked at fair value).

 

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