Net Asset Value(s) - Amendmen

RNS Number : 1803A

TR Property Investment Trust PLC

02 October 2009

 



TR PROPERTY INVESTMENT TRUST PLC

2nd October 2009

NET ASSET VALUES

This replaces the Net Asset Values announcement in respect of the Ordinary shares which was released on 1 October 2009. 

Ordinary Shares

As at close of business on 30th September 2009, the unaudited net asset value

per ordinary share including current financial year revenue

items was 180.0p (and 178.3p including debt marked at fair

value). The unaudited net asset value excluding current financial year revenue

items was 176.3p  (and 174.6p  including debt marked at fair value).  

Ordinary Share Class Property Revaluation

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 as at 30th September 2009. The total of this valuation was £47.115m. The previous valuation at 31st March 2009 was £47.340m. On a like for like basis the 30th September valuation reflects a decline in capital values over the six month period of just £0.225m or 0.475%. 

 

END

 

 

NAVBSBDGUUGGGCD