Net Asset Value(s)

RNS Number : 7762J

TR Property Investment Trust PLC

06 April 2010

 



TR PROPERTY INVESTMENT TRUST PLC

6^th April 2010

NET ASSET VALUES

Ordinary Shares

As at close of business on 1^st April 2010, the unaudited net asset value per ordinary share including current financial year revenue items was 182.9p (and 181.2p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 182.9p (and 181.2p 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 31^st March 2010. The total of this valuation was £49.550m. The previous valuation at 30^th September 2009 was £47.115m. On a like for like basis the 31^st March valuation reflects capital growth over the six month period of £2.435m or 5.2%. The impact of the revaluation was also reflected in the 31^st March NAV which was released on 1^st April 2010.

Sigma Shares

As at close of business on 1^st April 2010, the unaudited net asset value per ordinary share including current financial year revenue items was 96.9p (and 96.1p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 95.8p (and 95.0p including debt marked at fair value).

 

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