Picton Property Income Limited Annual Report 2021

Retention rate (%)

Employee satisfaction (%)

J

L

2021 2020 2019

88 53 49

2021 2020 2019

85 83 N/A

Why we use this indicator This provides us with a measure of asset suitability and occupier satisfaction over the year.

Why we use this indicator We use this indicator to assess our performance against one of our strategic objectives, to nurture a positive culture reflecting the values and alignment of the Picton team. The indicator is based on the employee survey carried out during the year.

Our performance in 2021 This figurewas significantly higher than in 2020, reflecting retention of some of our key occupiers. Total ERV at risk due to lease expiries or break options totalled £6.6million, identical to last year. In addition a further £4.2million of ERVwas retained by either removing future breaks or extending future lease expiries ahead of the lease event.

Our performance in 2021 We are pleased that there has been a small improvement in the employee satisfaction score, despite the added difficulties of the whole teamworking remotely throughout the year.

1

3

3

1

2

2

EPC ratings (%)

K

2021 2020 2019

92 89 82

Why we use this indicator Energy Performance Certificates (EPC) indicate how energy efficient a building is by assigning a rating from ā€˜Aā€™ (very efficient) to ā€˜Gā€™ (very inefficient). A higher EPC rating is likely to lead to lower occupational costs for occupiers.

Our performance in 2021 The proportion of EPC ratings between A to D has increased on the prior year and now makes up 92%of the total portfolio. We improved the ratings of 20 EPCs during the year.

3

1

2

33

Powered by