Business Overview Picton at a Glance continued 15years of outperformance
Our occupier focused, opportunity led approach continues to deliver long-term shareholder value.
2012 • Internalisation is effective from 1 January, with significant saving in costs • Company’s debt facilities refinanced • Introduction of covered dividend policy 2013 • New equity raised to fund property acquisitions 2014 • Placing Programme initiated to raise £100 million of new equity • £81 million of new property assets acquired • Acquired Parkbury Industrial Estate, Radlett, our largest industrial asset, through property swap
2008 • Used the IPD (nowMSCI) Environmental Code analysis of environmental information on our office properties to implement improvements 2009 • During the global financial crisis, successful renegotiation of loan covenants for nil cost for the collection, measurement and
2010 • Acquisition of Rugby Estates Investment Trust plc • Decision taken to internalise the Company’s management 2011 Name changed to Picton Property Income Limited
2005 • The Company was
successfully launched as ING UK Real Estate Income Trust Limited on the London Stock Exchange 2006 • Acquisition of £125 million portfolio, increasing the Company’s property assets
06
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