Net Asset Value(s)

RNS Number : 6480A

TR Property Investment Trust PLC

02 April 2012

 



TR PROPERTY INVESTMENT TRUST PLC

2^nd April 2012

NET ASSET VALUES

Ordinary Shares

As at close of business on 30^th March 2012, the unaudited net asset value per Ordinary share including current financial year revenue items was 185.0p (and 183.5p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 180.3p (and 178.8p including debt marked at fair value).

The above net asset value incorporates the 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 30th March 2012. The total of this valuation was £54.4m. The previous valuation at 30th September 2011 was £53.3m. On a like for like basis the 31st March valuation reflects capital growth over the six month period of £1.1m or 2.1%.

Sigma Shares

As at close of business on 30^th March 2012, the unaudited net asset value per Sigma share including current financial year revenue items was 94.6p (and 93.9p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 92.9p (and 92.2p including debt marked at fair value).

 

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