Net Asset Value(s)

RNS Number : 4043O

TR Property Investment Trust PLC

01 October 2019

 

TR PROPERTY INVESTMENT TRUST PLC

1^st October 2019

NET ASSET VALUES

Ordinary Shares

As at close of business on 30^th September 2019, the unaudited net asset value per Ordinary share including current financial year revenue items was 445.2p (and 445.0p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 435.1p (and 434.9p including debt marked at fair value).

The above net asset value incorporates the half year revaluation of the entire direct property portfolio which was carried out by Knight Frank LLP as at 30th September 2019. The valuation of the property portfolio was £91.76m. The valuation reflects a net like for like decrease in capital values (including capital expenditure) over the six-month period of £1.0m or -1.1%. The property portfolio valuation at 30^th March 2019 was £102.95m.  During the period the Trust sold its freehold interest in Field House, Harlow for £10.28m.

LEI: 549300BPGCCN3ETPQD32

 

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