Net Asset Value(s)

RNS Number : 2456J

TR Property Investment Trust PLC

01 April 2015

 



TR PROPERTY INVESTMENT TRUST PLC

1^st April 2015

NET ASSET VALUES

Ordinary Shares

As at close of business on 31^st March 2015, the unaudited net asset value per Ordinary share including current financial year revenue items was 317.9p (and 317.5p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 312.0p (and 311.6p including debt marked at fair value).

The above net asset value incorporates the year end revaluation of the entire direct property portfolio which was carried out by Deloitte Real Estate as at 31st March 2015.  The valuation of the property portfolio was £75.95million.  The valuation reflects a net increase in like for like capital values over the six month period of £4.3million or 6.5%.  This excludes the impact of the purchase of Wimbledon and the sale of Milton Keynes during the period.

 

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